Friday 6 November 2026
Export LPX’s income statement to Excel — free account
Louisiana-Pacific Corporation
LPX Industrials Building Products & Equipment
Louisiana-Pacific Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, down 7.92% from fiscal 2024.
- Revenue
- +4.22%
- EPS
- +152.8%
- Free cash flow
- +1,040.0%
- Total debt
- +0.29%
Quarter to September 2026, against a year earlier
77.00
1.82
−2.31%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 2,233 | 2,734 | 2,828 | 2,310 | 2,399 | 3,915 | 3,854 | 2,581 | 2,941 | 2,708 | 2,495 | +2.2% | 2,496 | 2,744 | 2,898 | +2.3% | |
| Gross margin, % | 18.10 | 26.92 | 26.31 | 13.12 | 34.72 | 50.14 | 38.89 | 22.98 | 28.26 | 21.75 | 17.19 | +3.7 pt | ||||||
| EBT | 165 | 510 | 524 | (23) | 604 | 1,700 | 1,155 | 248 | 547 | 195 | 89 | +1.9% | ||||||
| EBT margin, % | 7.38 | 18.65 | 18.53 | (1.00) | 25.18 | 43.42 | 29.97 | 9.61 | 18.60 | 7.20 | 3.57 | (0.2) pt | ||||||
| Net income | 150 | 390 | 395 | (10) | 497 | 1,373 | 1,083 | 178 | 420 | 146 | 68 | (0.3%) | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 15.57 | 18.99 | 19.78 | 18.78 | 21.61 | 40.36 | 49.41 | 35.85 | 41.42 | 38.69 | 35.64 | +10.6% | |||||
| Earnings | 1.04 | 2.70 | 2.76 | (0.04) | 4.48 | 14.19 | 13.94 | 2.47 | 5.91 | 2.09 | 0.99 | +8.1% | ||||||
| Cash flow | 2.39 | 3.29 | 3.57 | 1.29 | 5.94 | 15.30 | 14.67 | 4.39 | 8.52 | 5.46 | 4.01 | +9.6% | ||||||
| Capex | (0.87) | (1.03) | (1.50) | (1.33) | (0.69) | (2.62) | (5.31) | (4.04) | (2.56) | (4.16) | (3.57) | +19.0% | ||||||
| Free cash flow | 1.52 | 2.26 | 2.08 | (0.03) | 5.24 | 12.68 | 9.36 | 0.35 | 5.96 | 1.30 | 0.44 | (1.7%) | ||||||
| Book value | 8.34 | 11.14 | 11.89 | 8.06 | 11.12 | 12.73 | 18.37 | 21.63 | 23.54 | 24.73 | 24.86 | +12.8% | ||||||
| Shares, m | 143 | 144 | 143 | 123 | 111 | 97 | 78 | 72 | 71 | 70 | 70 | (7.7%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 18.80 | 9.93 | 8.08 | 0.00 | 8.22 | 5.57 | 4.44 | 28.46 | 17.58 | 38.64 | 77.89 | 14.0 | |||||
| P/S | 1.26 | 1.41 | 1.12 | 1.58 | 1.72 | 1.94 | 1.20 | 1.95 | 2.50 | 2.09 | 2.16 | 1.7 | ||||||
| P/B | 2.34 | 2.40 | 1.87 | 3.68 | 3.34 | 6.15 | 3.23 | 3.22 | 4.40 | 3.27 | 3.10 | 3.4 | ||||||
| EV/Sales | 1.13 | 1.20 | 0.94 | 1.65 | 1.64 | 1.94 | 1.20 | 1.99 | 2.50 | 2.11 | 2.20 | 1.6 | ||||||
| EV/FCF | 11.58 | 10.13 | 8.93 | (763.88) | 6.77 | 6.17 | 6.32 | 205.94 | 17.41 | 62.77 | 176.68 | (42.8) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 342 | 474 | 511 | 159 | 659 | 1,484 | 1,144 | 316 | 605 | 382 | 281 | +1.2% | |||||
| Capex | (124) | (149) | (214) | (163) | (77) | (254) | (414) | (291) | (182) | (291) | (250) | +9.9% | ||||||
| Free cash flow | 218 | 325 | 297 | (4) | 582 | 1,230 | 730 | 25 | 423 | 91 | 31 | (9.2%) | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | 780 | 1,090 | 1,025 | 375 | 707 | 539 | 518 | 519 | 556 | 518 | 503 | (4.4%) | |||||
| Net debt | (282) | (552) | (526) | 167 | (187) | (12) | (23) | 125 | 8 | 56 | 84 | n/m | ||||||
| Shareholders’ equity | 1,196 | 1,605 | 1,700 | 991 | 1,234 | 1,235 | 1,433 | 1,557 | 1,671 | 1,731 | 1,740 | +4.2% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 7.12 | 17.41 | 15.92 | (0.23) | 25.45 | 64.35 | 47.80 | 7.44 | 16.82 | 5.63 | 2.57 | (1.5) pt | |||||
| ROIC | 14.38 | 31.65 | 28.00 | (1.08) | 36.71 | 88.67 | 55.41 | 10.66 | 19.77 | 7.31 | 2.88 | (7.1) pt | ||||||
| ROE | 13.54 | 27.86 | 23.91 | (0.37) | 44.85 | 111.54 | 81.38 | 11.90 | 26.02 | 8.58 | 3.91 | (5.0) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 4,800 | 5,000 | 4,900 | 4,800 | 4,500 | 4,800 | 4,300 | 4,100 | 4,300 | 4,300 | — | (1.2%) | |||||
| Revenue/emp, $m | 0.47 | 0.55 | 0.58 | 0.48 | 0.53 | 0.82 | 0.90 | 0.63 | 0.68 | 0.63 | — | +3.4% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026
Louisiana-Pacific Corporation vs peers in Building Products & Equipment (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| OC Owens Corning Inc | $9.8B | — (loss-making) | 15.2× | −7.27% (below 0%: shrinking) | n/m | −16.47% (below 0%: shrinking) | 24.71% | (6.11%) | Compare |
| AWI Armstrong World Industries, Inc. | $7.1B | 22.8× | 21.0× | +11.90% (above 0%: growing) | +10.25% (above 0%: growing) | −29.42% (below 0%: shrinking) | 40.08% | 27.57% | Compare |
| BLDR Builders FirstSource, Inc. | $7.1B | 176× | — (loss-making) | −2.21% (below 0%: shrinking) | −49.42% (below 0%: shrinking) | −83.67% (below 0%: shrinking) | 27.82% | 2.57% | Compare |
| SPXC SPX Technologies, Inc. | $6.9B | 23.3× | 24.6× | +20.53% (above 0%: growing) | +26.15% (above 0%: growing) | −79.92% (below 0%: shrinking) | 39.12% | 16.14% | Compare |
| TREX Trex Company, Inc. | $5.7B | 32.8× | 29.5× | +25.99% (above 0%: growing) | +7.52% (above 0%: growing) | −3.69% (below 0%: shrinking) | 36.01% | 20.17% | Compare |
| FBIN Fortune Brands Innovations, Inc. | $5.6B | 44.4× | 30.8× | −3.09% (below 0%: shrinking) | −28.81% (below 0%: shrinking) | +95.25% (above 0%: growing) | 45.43% | 5.42% | Compare |
| LPX Louisiana-Pacific Corporation | $5.4B | 77.9× | 70.6× | +4.22% (above 0%: growing) | +152.77% (above 0%: growing) | +1,040.00% (above 0%: growing) | 16.64% | 4.34% | |
| GFF Griffon Corporation | $4.6B | 25.6× | 20.1× | −21.55% (below 0%: shrinking) | n/m | +5.99% (above 0%: growing) | 46.96% | 23.99% | Compare |
| AAON AAON, Inc. | $4.5B | 27.7× | 28.0× | +101.23% (above 0%: growing) | +263.16% (above 0%: growing) | +52.96% (above 0%: growing) | 24.32% | 10.99% | Compare |
| Median of peers | $6.3B | 27.7× | 24.6× | +4.84% | +8.89% | −10.08% | 37.57% | 13.57% |
Pay and ownership Proxy statement filed 20 March 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 13.52m | 9.30m | 232.06 |
| 2024 | 9.55m | 13.99m | 375.07 |
| 2023 | 10.67m | 10.50m | 253.70 |
| 2022 | 8.68m | (7.73m) | 208.61 |
| 2021 | 9.16m | 34.35m | 272.24 |
Ownership
Directors and executive officers, together
less than 1%
The Vanguard Group
8.80%
BlackRock, Inc.
8.50%
Warren E. Buffett Berkshire Hathaway Inc. and affiliated entities
8.50%
Eminence Capital, LP Ricky C. Sandler
5.80%
59 North Capital Management, LP and affiliated entities Michael Bilger
5.30%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
Louisiana-Pacific Corporation (LPX) Latest News
4 Nov
3 Nov
22 Oct
15 Oct
14 Oct
29 Sep
25 Sep
LPX metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score