Simpson Manufacturing Company, Inc.
SSD Basic Materials Lumber & Wood Production
Simpson Manufacturing Company, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 4.51% from fiscal 2024. In the quarter to June 2026, revenue grew 6.34%, EPS grew 25.0%, free cash flow grew 132.2% and total debt fell 11.0%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten.
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Simpson Manufacturing Company, Inc. (SSD) Altman Z-score
Simpson Manufacturing Company, Inc.'s Altman Z-score for fiscal 2025 is 6.34, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 6.34 | (0.70) |
| FY2024 | 7.04 | (0.45) |
| FY2023 | 7.50 | 2.93 |
| FY2022 | 4.57 | (10.82) |
| FY2021 | 15.39 | 2.58 |
| FY2020 | 12.81 | (0.72) |
| FY2019 | 13.52 | 1.49 |
| FY2018 | 12.03 | (1.49) |
| FY2017 | 13.52 | (0.39) |
| FY2016 | 13.91 | 2.17 |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.32 | — | 0.38 | |
| Retained earnings / total assets | 0.60 | — | 0.84 | |
| EBIT / total assets | 0.15 | — | 0.49 | |
| Market value of equity / total liabilities | 6.45 | — | 3.87 | |
| Sales / total assets | 0.76 | — | 0.76 | |
| Altman Z-score | Safe zone | 6.34 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 7.07 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| UFPI UFP Industries, Inc. compare | 6.6× |
| SSD Simpson Manufacturing Company, Inc. | 6.3× |
| BCC Boise Cascade, L.L.C. compare | 4.7× |
| JCTC Jewett-Cameron Trading Company compare | 4.6× |
| WFG West Fraser Timber Co. Ltd. compare | 2.6× |
| NWGL Nature Wood Group Limited Sponsored ADR compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets