Business Description
Louisiana-Pacific Corporation (LPX), through its various subsidiaries, is a key manufacturer and distributor of building materials. These products primarily serve the needs of new residential construction, renovation and remodeling projects, and the creation of outdoor structures. The company's operations are divided into four principal segments: Siding, Oriented Strand Board (OSB), Engineered Wood Products (EWP), and South America. The Siding division offers a comprehensive range of exterior finishing products, including the LP SmartSide and LP SmartSide ExpertFinish trim and siding lines, LP BuilderSeries lap siding, and LP Outdoor Building Solutions. It also produces engineered wood products designed for siding, trim, soffits, and fascia. The OSB segment specializes in the production and supply of structural panel products made from oriented strand board. Its notable offerings include LP TechShield radiant barriers, LP WeatherLogic air and water barriers, high-performance LP Legacy and LP TopNotch sub-flooring solutions, and LP FlameBlock fire-rated sheathing. The Engineered Wood Products (EWP) segment provides laminated veneer lumber and related items. It also manufactures LP SolidStart I-joists, which are vital structural components frequently employed in flooring systems for both homes and commercial properties, as well as in roofing applications and other construction uses. The South America segment is responsible for manufacturing and distributing OSB structural panels and siding products within the region. This segment also supports the local construction industry's move towards wood frame building by distributing and selling complementary products. Additionally, it manages timber assets and offers other associated products and services. Louisiana-Pacific Corporation primarily markets its offerings to retailers, wholesalers, and businesses engaged in homebuilding and industrial sectors. Its geographical reach extends across North America, South America, Asia, Australia, and Europe. Incorporated in 1972, Louisiana-Pacific Corporation is headquartered in Nashville, Tennessee.
Business History
Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): 2.09
Total Equity: $1.73B
Shares: 70,000,000
Total Debt: $379.00M
Cash: $292.00M
EBITDA: $354.00M
Total Debt: $379.00M
Cash: $292.00M
Revenue: $2.71B
Revenue: $2.71B
Revenue: $2.71B
Total Equity: $1.73B
Tax Rate: 25.5%
Equity: $1.73B
Total Debt: $379.00M
Cash: $292.00M
Current Liabilities: $291.00M
Long-Term Debt: $370.00M
Total Debt: $379.00M
Total Equity: $1.73B
Shares: 70,000,000
Shares: 70,000,000
CapEx: -$291.00M
Shares: 70,000,000
Stock Price: $82.38
Net Income: $146.00M
Industry Benchmarks
Deep Analysis
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Income Statement (Annual)
Last updated: Jun 21, 2026 6:46pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $3.9B | $3.9B | $2.6B | $2.9B | $2.7B |
| Cost of Revenue | $2.0B | $2.4B | $2.0B | $2.1B | $2.1B |
| Gross Profit | $2.0B | $1.5B | $593.0M | $831.0M | $589.0M |
| Operating Expenses | $229.0M | $249.0M | $306.0M | $301.0M | $330.0M |
| Operating Income | $1.7B | $1.3B | $287.0M | $530.0M | $259.0M |
| Net Income | $1.4B | $1.1B | $178.0M | $420.0M | $146.0M |
| EBITDA | $1.9B | $1.4B | $380.0M | $659.0M | $354.0M |
| EPS | $14.20 | $11.90 | $2.47 | $5.91 | $2.09 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:46pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $358.0M | $369.0M | $222.0M | $340.0M | $292.0M |
| Total Current Assets | $890.0M | $854.0M | $778.0M | $855.0M | $810.0M |
| Total Assets | $2.2B | $2.4B | $2.4B | $2.6B | $2.6B |
| Current Liabilities | $360.0M | $343.0M | $274.0M | $312.0M | $291.0M |
| Long-Term Debt | $346.0M | $346.0M | $347.0M | $348.0M | $370.0M |
| Total Liabilities | $955.0M | $916.0M | $880.0M | $898.0M | $895.0M |
| Total Equity | $1.2B | $1.4B | $1.6B | $1.7B | $1.7B |
| Retained Earnings | $1.2B | $1.4B | $1.5B | $1.6B | $1.6B |
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:46pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1.5B | $1.1B | $316.0M | $605.0M | $382.0M |
| Capital Expenditure | -$254.0M | -$414.0M | -$300.0M | -$183.0M | -$291.0M |
| Free Cash Flow | $1.2B | $730.0M | $16.0M | $422.0M | $91.0M |
| Acquisitions (net) | $0 | $268.0M | $0 | -$17.0M | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$1.3B | -$900.0M | $0 | -$212.0M | -$61.0M |
| Net Change in Cash | -$177.0M | $11.0M | -$147.0M | $118.0M | -$48.0M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 2:31am (6h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$2.7B $2.7B – $2.8B
|
$2.6B $2.5B – $2.6B
|
$2.9B $2.8B – $2.9B
|
$3.0B $3.0B – $3.1B
|
| EBITDA |
$725.3M $717.4M – $738.6M
|
$679.1M $668.5M – $692.3M
|
$760.6M $740.5M – $780.7M
|
$809.5M $793.3M – $825.7M
|
| Net Income |
$182.2M $177.2M – $187.1M
|
$134.3M $128.7M – $140.0M
|
$286.9M $201.1M – $349.1M
|
$351.8M $320.7M – $354.5M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:46pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -1.6% | -33.0% | +13.9% | -7.9% |
| Gross Profit Growth | -23.6% | -60.4% | +40.1% | -29.1% |
| Operating Income Growth | -27.9% | -77.0% | +84.7% | -51.1% |
| Net Income Growth | -21.1% | -83.6% | +136.0% | -65.2% |
| EBITDA Growth | -26.8% | -72.0% | +73.4% | -46.3% |
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:46pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-05-14 | $0.30 | 2026-05-01 | 2026-05-14 | 2026-05-28 |
| 2026-02-27 | $0.30 | 2026-02-13 | 2026-02-27 | 2026-03-13 |
| 2025-11-14 | $0.28 | 2025-10-30 | 2025-11-14 | 2025-11-21 |
| 2025-08-15 | $0.28 | 2025-08-01 | 2025-08-15 | 2025-08-29 |
| 2025-05-20 | $0.28 | 2025-05-06 | 2025-05-20 | 2025-06-03 |
| 2025-02-27 | $0.28 | 2025-02-14 | 2025-02-27 | 2025-03-13 |
| 2024-11-20 | $0.26 | 2024-11-05 | 2024-11-20 | 2024-11-27 |
| 2024-08-20 | $0.26 | 2024-08-07 | 2024-08-20 | 2024-09-03 |
| 2024-05-21 | $0.26 | 2024-05-08 | 2024-05-22 | 2024-06-05 |
| 2024-02-22 | $0.26 | 2024-02-09 | 2024-02-23 | 2024-03-08 |
| 2023-11-09 | $0.24 | 2023-10-26 | 2023-11-10 | 2023-11-22 |
| 2023-08-10 | $0.24 | 2023-07-28 | 2023-08-11 | 2023-08-25 |
| 2023-05-11 | $0.24 | 2023-04-28 | 2023-05-12 | 2023-05-26 |
| 2023-03-09 | $0.24 | 2023-02-17 | 2023-03-10 | 2023-03-31 |
| 2022-11-08 | $0.22 | 2022-10-28 | 2022-11-09 | 2022-12-01 |
| 2022-08-17 | $0.22 | 2022-08-05 | 2022-08-18 | 2022-09-01 |
| 2022-05-11 | $0.22 | 2022-04-28 | 2022-05-12 | 2022-05-26 |
| 2022-02-25 | $0.22 | 2022-02-18 | 2022-02-28 | 2022-03-14 |
| 2021-11-05 | $0.18 | 2021-10-28 | 2021-11-08 | 2021-12-01 |
| 2021-08-09 | $0.18 | 2021-07-30 | 2021-08-10 | 2021-09-01 |
Narrative Economics
market-narrative step).