Item 1. Business. General Development of the Business. UFP Industries, Inc. (“we,” “our,” “the Company,” or “UFP”) is a holding company with subsidiaries throughout the United States, Mexico, Canada, Spain, India and Australia that design, manufacture and supply products made from wood, wood and non-wood composites, and other materials to three segments: retail, packaging, and construction. We are headquartered in Grand Rapids, Michigan. For information relating to current developments in our business please see "Management’s Discussion and Analysis of Financial Condition and Results of Operations" in Item 7 below. Financial Information About Segments. ASC 280, Segment Reporting (“ASC 280”) defines operating segments as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”) in deciding how to allocate resources and in assessing performance.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 6.3B | 6.3B | 6.7B | 7.2B | 9.6B | 8.6B |
| Net Income | 295M | 295M | 415M | 514M | 693M | 536M |
| EPS | $5.00 | $5.00 | $6.77 | $8.07 | $10.97 | $8.59 |
| Free Cash Flow | 276M | 276M | 410M | 780M | 657M | 361M |
| ROIC | 10.9% | 11.6% | 16.0% | 21.8% | 30.4% | 26.8% |
| Gross Margin | 16.8% | 16.8% | 18.4% | 19.7% | 18.6% | 16.3% |
| Debt/Equity | 0.12 | 0.12 | 0.11 | 0.14 | 0.15 | 0.22 |
| Dividends/Share | $1.40 | $1.40 | $1.32 | $1.10 | $0.95 | $0.65 |
| Operating Income | 364M | 364M | 492M | 647M | 950M | 738M |
| Operating Margin | 5.8% | 5.8% | 7.4% | 9.0% | 9.9% | 8.5% |
| ROE | 9.6% | 9.4% | 12.9% | 17.1% | 27.0% | 27.1% |
| Shares Outstanding | 59M | 59M | 61M | 64M | 63M | 62M |
UFP INDUSTRIES INC passes 6 of 9 quality checks, suggesting mixed fundamentals.
UFP INDUSTRIES INC trades at 19.3x trailing earnings, compared to its 15-year median P/E of 15.5x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 20.6x vs a median of 15.6x. The company's 5-year average ROIC is 21.3% with a gross margin of 18.0%. Total shareholder yield (dividends + buybacks) is 9.0%. At current prices, the estimated annualized return to fair value is +29.9%.
UFP INDUSTRIES INC (UFPI) has a current P/E ratio of 19.3, compared to its historical median P/E of 15.5. The stock is currently considered Fair based on its historical valuation range.
UFP INDUSTRIES INC (UFPI) has a 5-year average return on invested capital (ROIC) of 21.3%. This indicates strong capital allocation and a potential competitive advantage.
UFP INDUSTRIES INC (UFPI) has a market capitalization of $5.7B. It is classified as a mid-cap stock.
Yes, UFP INDUSTRIES INC (UFPI) pays a dividend with a trailing twelve-month yield of 1.44%. The company also returns capital through share buybacks, with a buyback yield of 7.60%.
Based on historical P/E analysis, UFP INDUSTRIES INC (UFPI) appears fair. The current P/E of 19.3 is 25% above its historical median of 15.5. The estimated fair value CAGR (P/E method) is 18.2%.
UFP INDUSTRIES INC (UFPI) operates in the Sawmills & Planting Mills, General industry, within the Materials sector.
UFP INDUSTRIES INC (UFPI) reported annual revenue of $6.3 billion in its most recent fiscal year, based on SEC EDGAR filings.
UFP INDUSTRIES INC (UFPI) has a net profit margin of 4.7%. This is a modest margin.
UFP INDUSTRIES INC (UFPI) generated $276 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
UFP INDUSTRIES INC (UFPI) has a debt-to-equity ratio of 0.12. This indicates a conservatively financed balance sheet.
UFP INDUSTRIES INC (UFPI) reported earnings per share (EPS) of $5.00 in its most recent fiscal year.
UFP INDUSTRIES INC (UFPI) has a return on equity (ROE) of 9.4%. This indicates moderate shareholder returns.
UFP INDUSTRIES INC (UFPI) has a 5-year average gross margin of 18.0%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 17 years of financial data for UFP INDUSTRIES INC (UFPI), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
UFP INDUSTRIES INC (UFPI) has a book value per share of $51.94, based on its most recent annual SEC filing.