LPXNYSELumber & Wood Products (No Furniture)Fiscal year ends December 31
LOUISIANA-PACIFIC CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$70.69+0.64 (+0.91%)
Close on Oct 19, 2026
- Market cap
- $4.95B
- P/E (TTM)
- 89.5
- Dividend yield
- 0.40%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
21.8%−13.0 pts over 5 years
Operating margin
7.7%−17.9 pts over 5 years
Net margin
5.4%−15.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -7.9% | -11.1% | +2.5% | +3.6% | |
| Gross profit | -29.2% | -26.7% | -6.7% | +10.9% | |
| Operating income | -60.6% | -44.9% | -19.4% | – | |
| Net income | -65.2% | -48.8% | -21.8% | – | |
| EPS, diluted | -64.7% | -46.9% | -14.1% | – | |
| Free cash flow | -78.4% | -50.0% | -31.1% | – | |
| Dividend per share | +7.7% | +8.4% | +14.1% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 13.5% | 44.9% | 8.6% | |
| Return on assets | 7.1% | 25.5% | 5.6% | |
| Current ratio | 4.41 | 3.47 | 2.78 | |
| Debt to equity | 0.32 | 0.28 | 0.20 | |
| Net debt to EBITDA | -1.38× | -0.26× | 0.16× | |
| Interest coverage | 6.5× | 36.2× | 12.3× | |
| Inventory turnover | 8.0× | 6.0× | 5.9× | |
| Capex to revenue | 5.6% | 3.0% | 10.7% | |
| Diluted shares | 145M | 112M | 70M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Louisiana-Pacific generated $3.93B from operations and spent $4.27B on capital expenditure, dividends and share buybacks. 34% of that went back into the business.
Generated
$3.93B
Used
$4.27B
Capital expenditure$1.44B34%Dividends$356.00M8%Share buybacks$2.47B58%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.4%
×Asset turnover1.04×
×Equity multiplier1.52×
=Return on equity, FY20258.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 5.4% | 1.04× | 1.52× | 8.6% |
| FY2024 | 14.3% | 1.18× | 1.55× | 26.0% |
| FY2023 | 6.9% | 1.08× | 1.60× | 11.9% |
| FY2022 | 28.2% | 1.70× | 1.70× | 81.4% |
| FY2021 | 35.2% | 1.83× | 1.73× | 111.5% |
| FY2020 | 20.8% | 1.22× | 1.76× | 44.9% |
| FY2019 | -0.2% | 1.06× | 1.62× | -0.4% |
| FY2018 | 14.0% | 1.14× | 1.50× | 23.9% |
| FY2017 | 14.3% | 1.22× | 1.60× | 27.9% |
| FY2016 | 6.7% | 1.06× | 1.90× | 13.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$146.00M
- Cash generatingOperating cash flow above zero$382.00M
- Return on assets improvedROA up on the prior year17.2% → 5.7%
- Earnings backed by cashOperating cash flow above net income$382.00M vs $146.00M
- Less leverageLong-term debt to assets fell13.6% → 13.2%
- Better liquidityCurrent ratio rose2.86 → 2.78
- No dilutionShare count did not rise71M → 70M
- Gross margin improvedGross margin up on the prior year28.29% → 21.75%
- More efficientAsset turnover rose1.21 → 1.06