LOUISIANA-PACIFIC CORP (LPX) has a current P/E ratio of 35.8, compared to its historical median P/E of 8.7. The stock is currently considered Expensive based on its historical valuation range.
LOUISIANA-PACIFIC CORP (LPX) has a 5-year average return on invested capital (ROIC) of 44.3%. This indicates strong capital allocation and a potential competitive advantage.
LOUISIANA-PACIFIC CORP (LPX) has a market capitalization of $5.2B. It is classified as a mid-cap stock.
Yes, LOUISIANA-PACIFIC CORP (LPX) pays a dividend with a trailing twelve-month yield of 1.52%.
Based on historical P/E analysis, LOUISIANA-PACIFIC CORP (LPX) appears expensive. The current P/E of 35.8 is 309% above its historical median of 8.7. The estimated fair value CAGR (P/E method) is 13.1%.
LOUISIANA-PACIFIC CORP (LPX) operates in the Lumber & Wood Products (No Furniture) industry, within the Materials sector.
LOUISIANA-PACIFIC CORP (LPX) reported annual revenue of $2.7 billion in its most recent fiscal year, based on SEC EDGAR filings.
LP Building Solutions is a leading manufacturer of high-performance engineered wood building products serving new home construction, repair and remodeling, and outdoor structures markets across North and South America. The company operates through three segments: Siding, which represented 62% of 2025 net sales and includes engineered wood siding, trim, soffit, and fascia products offered in both primed and pre-finished formats; Oriented Strand Board (OSB), which accounted for 31% of sales and comprises structural panel products including value-added offerings such as fire-rated sheathing, air and water barriers, and radiant barriers; and Other, which includes South American operations and minor products. LP's Siding business, the largest engineered wood siding manufacturer in North America, competes against alternative materials such as vinyl and fiber cement by offering superior protection against environmental damage and carbon-negative products, with over 50% of demand coming from repair and remodeling and off-site structure production rather than new construction. The company distributes through retailers, wholesalers, and home building and industrial businesses, operates more than 20 manufacturing facilities, and focuses on operational efficiency, product innovation, and capacity expansion to drive growth in high-margin siding products while managing OSB operations for cost control and logistics optimization.
【Housing demand stabilizing gradually】 Management expects siding volumes to decline in the second quarter year-over-year by approximately 10%, with sequential improvements anticipated through year-end as housing market conditions stabilize. ExpertFinish pre-finished products are expected to continue outperforming primed alternatives with full-year volume growth in the mid-single-digit range, driven by share gains relative to competing pre-finished alternatives and strong demand from repair and remodeling applications. List prices are expected to remain steady, though the strong price mix effect observed in the first quarter is anticipated to moderate as shed product mix normalizes following channel inventory normalization. The company is investing in additional Expert Finish capacity and pursuing strategic growth initiatives, though near-term OSB pricing remains challenged in an oversupplied market, with management tempering expectations for the second half of 2026 given persistent macroeconomic headwinds and weak market indicators.
| Metric | Target | Period |
|---|---|---|
| Siding Revenue | $1.64 billion–$1.66 billion | Full year 2026 |
| Siding EBITDA | $410 million–$425 million | Full year 2026 |
| ExpertFinish Volume Growth | Mid-single-digit range | Full year 2026 |
Siding Revenue (Full year 2026): “For the full year, siding revenue and EBITDA are now expected to be between $1.64 billion-$1.66 billion”
Siding EBITDA (Full year 2026): “with EBITDA between $410 million-$425 million”
ExpertFinish Volume Growth (Full year 2026): “We therefore expect full-year ExpertFinish volume growth in the mid-single-digit range”
Generated solely from the company's own reports listed below — not from third-party data. Hallucination risk is low. · Sources: 10-K, Q4 FY2025 Earnings Call, Q3 FY2025 Earnings Call, Q2 FY2025 Earnings Call, Q1 FY2025 Earnings Call
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 2.6B | 2.7B | 2.9B | 2.6B | 3.9B | 3.9B |
| Net Income | 82M | 146M | 420M | 178M | 1.1B | 1.4B |
| EPS | $1.17 | $2.08 | $5.89 | $2.46 | $13.87 | $14.09 |
| Free Cash Flow | -8.0M | 91M | 422M | 16M | 730M | 1.2B |
| ROIC | 4.6% | 8.9% | 23.4% | 13.0% | 71.2% | 105.1% |
| Gross Margin | 19.8% | 21.8% | 28.3% | 23.0% | 38.9% | 50.1% |
| Debt/Equity | 0.20 | 0.22 | 0.23 | 0.24 | 0.28 | 0.32 |
| Dividends/Share | $1.13 | $1.11 | $1.04 | $0.95 | $0.88 | $0.68 |
| Operating Income | 123M | 209M | 530M | 287M | 1.3B | 1.7B |
| Operating Margin | 4.8% | 7.7% | 18.0% | 11.1% | 32.4% | 44.3% |
| ROE | 4.7% | 8.6% | 26.0% | 11.9% | 81.4% | 111.5% |
| Shares Outstanding | 70M | 70M | 71M | 72M | 78M | 98M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 1.9B | 1.9B | 2.2B | 2.7B | 2.8B | 2.3B | 2.4B | 3.9B | 3.9B | 2.6B | 2.9B | 2.7B | 2.6B |
| Gross Margin | 9.1% | 11.1% | 18.1% | 26.9% | 26.3% | 13.1% | 34.7% | 50.1% | 38.9% | 23.0% | 28.3% | 21.8% | 19.8% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 150M | 153M | 185M | 191M | 209M | 230M | 195M | 223M | 264M | 257M | 291M | 329M | 332M |
| EBIT | -78M | -63M | 210M | 533M | 526M | -20M | 615M | 1.7B | 1.3B | 287M | 530M | 209M | 123M |
| Op. Margin | -4.0% | -3.3% | 9.4% | 19.5% | 18.6% | -0.9% | 25.6% | 44.3% | 32.4% | 11.1% | 18.0% | 7.7% | 4.8% |
| Net Income | -75M | -88M | 150M | 390M | 395M | -5.0M | 499M | 1.4B | 1.1B | 178M | 420M | 146M | 82M |
| Net Margin | -3.9% | -4.7% | 6.7% | 14.3% | 14.0% | -0.2% | 20.8% | 35.2% | 28.2% | 6.9% | 14.3% | 5.4% | 3.2% |
| Non-Recurring | 3.1M | -600K | 9.2M | 11M | 21M | 103M | 13M | 5.0M | 157M | 14M | 0 | 6.0M | 7.0M |
| Returns on Capital | |||||||||||||
| ROIC | -3.9% | -4.8% | 14.0% | 34.5% | 30.7% | -0.3% | 35.2% | 105.1% | 71.2% | 13.0% | 23.4% | 8.9% | 4.6% |
| ROE | -6.4% | -8.3% | 13.5% | 27.9% | 23.9% | -0.4% | 44.9% | 111.5% | 81.4% | 11.9% | 26.0% | 8.6% | 4.7% |
| ROA | -3.1% | -3.9% | 7.1% | 17.4% | 15.9% | -0.2% | 25.5% | 64.3% | 47.8% | 7.4% | 16.8% | 5.6% | 3.2% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | -53M | 29M | 342M | 474M | 511M | 159M | 659M | 1.5B | 1.1B | 316M | 605M | 382M | 280M |
| Free Cash Flow | -133M | -85M | 218M | 325M | 297M | -4.0M | 588M | 1.2B | 730M | 16M | 422M | 91M | -8.0M |
| Owner Earnings | -62M | 20M | 326M | 461M | 386M | 32M | 546M | 1.4B | 999M | 184M | 462M | 214M | -1.7B |
| CapEx | 80M | 114M | 125M | 149M | 214M | 163M | 71M | 254M | 414M | 300M | 183M | 291M | 288M |
| Maint. CapEx | 0 | 0 | 3.2M | 3.0M | 116M | 118M | 102M | 114M | 129M | 119M | 123M | 138M | 1.9B |
| Growth CapEx | N/A | N/A | 122M | 146M | 98M | 45M | 0 | 140M | 285M | 181M | 60M | 153M | 0 |
| D&A | 0 | 0 | 3.2M | 3.0M | 116M | 118M | 102M | 114M | 129M | 119M | 123M | 138M | 1.9B |
| CapEx/OCF | N/A | 389.7% | 36.5% | 31.4% | 41.9% | 102.5% | 11.7% | 16.8% | 36.2% | 94.9% | 30.2% | 76.2% | 102.9% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 3.0M | 0 | 0 | 74M | 65M | 65M | 66M | 69M | 69M | 74M | 78M | 79M |
| Dividend Yield | N/A | 0.1% | N/A | N/A | 2.1% | 2.3% | 2.2% | 1.2% | 1.5% | 1.6% | 1.2% | 1.2% | 1.5% |
| Share Buybacks | 0 | 0 | 0 | 0 | 212M | 638M | 200M | 1.3B | 900M | 0 | 212M | 61M | 0 |
| Buyback Yield | N/A | N/A | N/A | N/A | 7.5% | 18.7% | 5.1% | 18.0% | 20.4% | N/A | 2.9% | 1.1% | 0.0% |
| Stock-Based Comp | 9.4M | 9.3M | 13M | 9.7M | 8.6M | 9.0M | 11M | 7.0M | 16M | 13M | 20M | 30M | 33M |
| Debt Repayment | 2.3M | 2.3M | 743M | 3.0M | 25M | 5.0M | 350M | 359M | 0 | 80M | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | 225M | 519M | -82M | -352M | -326M | 561M | 53M | 39M | 26M | 156M | 40M | 87M | 184M |
| Cash & Equiv. | 533M | 435M | 659M | 928M | 878M | 181M | 535M | 358M | 369M | 222M | 340M | 292M | 164M |
| Long-Term Debt | 755M | 752M | 374M | 351M | 347M | 348M | 348M | 346M | 346M | 347M | 348M | 348M | 348M |
| Debt/Equity | 0.68 | 0.94 | 0.48 | 0.36 | 0.32 | 0.75 | 0.48 | 0.32 | 0.28 | 0.24 | 0.23 | 0.22 | 0.20 |
| Interest Coverage | -2.6 | -2.0 | 6.5 | 26.6 | 27.7 | -1.1 | 36.2 | 115.6 | 89.3 | 16.9 | 37.9 | 12.3 | 6.8 |
| Equity | 1.1B | 1.0B | 1.2B | 1.6B | 1.7B | 991M | 1.2B | 1.2B | 1.4B | 1.6B | 1.7B | 1.7B | 1.7B |
| Total Assets | 2.3B | 2.2B | 2.0B | 2.4B | 2.5B | 1.8B | 2.1B | 2.2B | 2.4B | 2.4B | 2.6B | 2.6B | 2.6B |
| Total Liabilities | 1.2B | 1.2B | 836M | 844M | 814M | 834M | 842M | 955M | 916M | 880M | 885M | 896M | 850M |
| Intangibles | 65M | 50M | 47M | 55M | 51M | 61M | 55M | 49M | 45M | 32M | 30M | N/A | 2.0M |
| Retained Earnings | 812M | 724M | 890M | 1.3B | 1.6B | 966M | 1.2B | 1.2B | 1.4B | 1.5B | 1.6B | 1.6B | 1.6B |
| Working Capital | 778M | 626M | 780M | 1.1B | 1.0B | 375M | 707M | 539M | 518M | 519M | 556M | 518M | 527M |
| Current Assets | 950M | 769M | 1.0B | 1.4B | 1.3B | 619M | 993M | 890M | 854M | 778M | 855M | 809M | 760M |
| Current Liabilities | 173M | 143M | 229M | 270M | 262M | 244M | 286M | 351M | 336M | 259M | 299M | 291M | 233M |
| Per Share Data | |||||||||||||
| EPS | -0.53 | -0.62 | 1.03 | 2.66 | 2.73 | -0.04 | 4.46 | 14.09 | 13.87 | 2.46 | 5.89 | 2.08 | 1.17 |
| Owner EPS | -0.44 | 0.14 | 2.24 | 3.15 | 2.67 | 0.26 | 4.88 | 13.95 | 12.76 | 2.54 | 6.48 | 3.05 | -24.24 |
| Book Value | 7.84 | 7.16 | 8.22 | 10.94 | 11.75 | 7.93 | 11.03 | 12.64 | 18.30 | 21.52 | 23.43 | 24.66 | 24.71 |
| Cash Flow/Share | -0.37 | 0.21 | 2.35 | 3.23 | 3.53 | 1.27 | 5.89 | 15.18 | 14.61 | 4.37 | 8.48 | 5.44 | 28.94 |
| Dividends/Share | N/A | 0.02 | 0.00 | 0.00 | 0.51 | 0.52 | 0.58 | 0.68 | 0.88 | 0.95 | 1.04 | 1.11 | 1.13 |
| Shares Out. | 142.3M | 142.1M | 145.4M | 146.6M | 144.7M | 125.0M | 111.9M | 97.7M | 78.3M | 72.4M | 71.3M | 70.2M | 70.0M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | N/A | 16.3 | 8.7 | 7.2 | N/A | 7.8 | 5.2 | 4.1 | 28.3 | 17.3 | 39.7 | 63.6 |
| P/FCF | N/A | N/A | 11.2 | 10.5 | 9.5 | N/A | 6.6 | 5.9 | 6.0 | 314.4 | 17.2 | 63.8 | N/A |
| EV/EBIT | N/A | N/A | 7.4 | 3.7 | 2.7 | N/A | 5.0 | 3.9 | 3.2 | 17.2 | 13.1 | 26.6 | 43.9 |
| Price/Book | 1.9 | 2.3 | 2.0 | 2.1 | 1.7 | 3.4 | 3.2 | 5.8 | 3.1 | 3.2 | 4.3 | 3.4 | 3.0 |
| Price/Sales | 1.0 | 1.1 | 1.0 | 1.2 | 1.2 | 1.2 | 1.0 | 1.4 | 1.2 | 1.7 | 2.1 | 2.4 | 2.0 |
| FCF Yield | -6.4% | -3.6% | 8.9% | 9.5% | 10.5% | -0.1% | 15.0% | 17.1% | 16.5% | 0.3% | 5.8% | 1.6% | -0.2% |
| Market Cap | 2.1B | 2.3B | 2.4B | 3.4B | 2.8B | 3.4B | 3.9B | 7.2B | 4.4B | 5.0B | 7.3B | 5.8B | 5.2B |
| Avg. Price | 13.56 | 14.60 | 15.78 | 21.67 | 24.04 | 22.97 | 26.06 | 55.19 | 59.33 | 59.86 | 87.82 | 91.61 | 74.48 |
| Year-End Price | 14.71 | 16.41 | 16.77 | 23.27 | 19.58 | 27.34 | 34.95 | 73.74 | 56.35 | 69.52 | 101.76 | 82.67 | 74.48 |
LOUISIANA-PACIFIC CORP passes 4 of 9 quality checks, suggesting mixed fundamentals.
LOUISIANA-PACIFIC CORP trades at 35.8x trailing earnings, compared to its 15-year median P/E of 8.7x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 57.2x vs a median of 10.0x. The company's 5-year average ROIC is 44.3% with a gross margin of 32.4%. Total shareholder yield (dividends) is 1.5%. At current prices, the estimated annualized return to fair value is +9.7%.
LOUISIANA-PACIFIC CORP (LPX) has a net profit margin of 5.4%. This is a modest margin.
LOUISIANA-PACIFIC CORP (LPX) generated $91 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
LOUISIANA-PACIFIC CORP (LPX) has a debt-to-equity ratio of 0.22. This indicates a conservatively financed balance sheet.
LOUISIANA-PACIFIC CORP (LPX) reported earnings per share (EPS) of $2.08 in its most recent fiscal year.
LOUISIANA-PACIFIC CORP (LPX) has a return on equity (ROE) of 8.6%. This indicates moderate shareholder returns.
LOUISIANA-PACIFIC CORP (LPX) has a 5-year average gross margin of 32.4%. This indicates decent pricing power.
The Ledger Terminal provides 16 years of financial data for LOUISIANA-PACIFIC CORP (LPX), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
LOUISIANA-PACIFIC CORP (LPX) has a book value per share of $24.66, based on its most recent annual SEC filing.
Based on recent SEC filings and earnings disclosures, Management expects siding volumes to decline in the second quarter year-over-year by approximately 10%, with sequential improvements anticipated through year-end as housing market conditions stabilize. ExpertFinish pre-finished products are expected to continue outperforming primed alternatives with full-year volume growth in the mid-single-digit range, driven by share gains relative to competing pre-finished alternatives and strong demand from repair and remodeling applications. List prices are expected to remain steady, though the strong price mix effect observed in the first quarter is anticipated to moderate as shed product mix normalizes following channel inventory normalization. The company is investing in additional Expert Finish capacity and pursuing strategic growth initiatives, though near-term OSB pricing remains challenged in an oversupplied market, with management tempering expectations for the second half of 2026 given persistent macroeconomic headwinds and weak market indicators.
Based on recent SEC filings and earnings calls, LOUISIANA-PACIFIC CORP (LPX) has provided the following forward guidance: Siding Revenue: $1.64 billion–$1.66 billion (Full year 2026); Siding EBITDA: $410 million–$425 million (Full year 2026); ExpertFinish Volume Growth: Mid-single-digit range (Full year 2026).
No recent press releases.