Financials · LPX

Louisiana-Pacific Corporation (LPX) financials

For the twelve months ended Sep 30, 2026, Louisiana-Pacific Corporation reported $2.50B of revenue and $68.00M of net income.

Revenue, TTM
$2.50B
Revenue growth, YoY
-11.6%
Net income, TTM
$68.00M
Net income growth, YoY
-68.5%
Net margin
2.7%
Free cash flow, TTM
$30.00M
EPS, diluted, TTM
$0.97
EPS growth, YoY
-68.7%
Cash
$265.00M
Total debt
$349.00M
P/E
77.50
P/S
2.11
Market cap
$5.27B
Annual revenue$2.71B
FY2016FY2025
Annual net income$146.00M
FY2016FY2025
Annual free cash flow$91.00M
FY2016FY2025

LPX revenue and earnings growth

LPX revenueQ3 2026$691.00M

Quarter YoY
+4.2%
QoQ
+4.1%
FY YoY
-7.9%
5Y CAGR
+2.5%
10Y CAGR
+3.6%

LPX revenue was $691.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 4.2% from a year earlier and up 4.1% from the prior quarter. For the full fiscal 2025 it was $2.71B, down 7.9% from fiscal 2024. Compound annual growth was +2.5% over 5 years and +3.6% over 10 years. It rose in 6 of the last 10 fiscal years.

LPX net incomeQ3 2026$23.00M

Quarter YoY
+155.6%
QoQ
-11.5%
FY YoY
-65.2%
5Y CAGR
-21.8%

LPX net income was $23.00M in fiscal Q3 2026 (ended Sep 30, 2026), up 155.6% from a year earlier and down 11.5% from the prior quarter. For the full fiscal 2025 it was $146.00M, down 65.2% from fiscal 2024. Compound annual growth was -21.8% over 5 years. It rose in 2 of the last 5 fiscal years.

LPX EPSQ3 2026$0.32

Quarter YoY
+146.2%
QoQ
-15.8%
FY YoY
-64.7%
5Y CAGR
-14.1%

LPX diluted EPS was $0.32 in fiscal Q3 2026 (ended Sep 30, 2026), up 146.2% from a year earlier and down 15.8% from the prior quarter. For the full fiscal 2025 it was $2.08, down 64.7% from fiscal 2024. Compound annual growth was -14.1% over 5 years.

LPX free cash flowQ3 2026$56.00M

Quarter YoY
11x
QoQ
-30.9%
FY YoY
-78.4%
5Y CAGR
-31.1%

LPX free cash flow was $56.00M in fiscal Q3 2026 (ended Sep 30, 2026), up about 11-fold from a year earlier and down 30.9% from the prior quarter. For the full fiscal 2025 it was $91.00M, down 78.4% from fiscal 2024. Compound annual growth was -31.1% over 5 years. It rose in 2 of the last 5 fiscal years.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$2.71B$2.94B$2.58B$3.85B$3.92B$2.40B$2.31B$2.83B$2.73B$2.23B
Cost of revenue$2.12B$2.11B$1.99B$2.35B$1.95B$1.57B$2.01B$2.08B$2.00B$1.83B
Gross profit$589.00M$832.00M$593.00M$1.50B$1.96B$833.00M$303.00M$744.00M$736.00M$404.30M
Selling, general and admin$329.00M$291.00M$257.00M$264.00M$223.00M$195.00M$230.00M$209.00M$191.00M$185.10M
Operating income$209.00M$530.00M$287.00M$1.25B$1.73B$615.00M-$20.00M$526.00M$533.00M$210.20M
Interest expense$17.00M$14.00M$17.00M$14.00M$15.00M$17.00M$18.00M$19.00M$20.00M$32.10M
Pre-tax income$196.00M$560.00M$252.00M$1.16B$1.70B$605.00M-$23.00M$521.00M$510.00M$170.10M
Income tax$50.00M$140.00M$74.00M$274.00M$402.00M$121.00M-$13.00M$122.00M$119.00M$19.80M
Net income$146.00M$420.00M$178.00M$1.09B$1.38B$499.00M-$5.00M$395.00M$390.00M$149.80M
EPS, basic$2.09$5.91$2.47$13.94$14.19$4.48-$0.04$2.76$2.70$1.04
EPS, diluted$2.08$5.89$2.46$13.87$14.09$4.46-$0.04$2.73$2.66$1.03
Diluted shares70.0M71.0M72.0M78.0M98.0M112.0M123.0M144.0M146.0M145.3M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$292.00M$340.00M$222.00M$383.00M$371.00M$535.00M$195.00M$892.00M$941.00M$672.00M
Receivables$127.00M$131.00M$155.00M$127.00M$169.00M$184.00M$164.00M$128.00M$142.50M$108.30M
Inventory$363.00M$357.00M$378.00M$337.00M$278.00M$259.00M$265.00M$273.00M$259.10M$234.60M
Current assets$809.00M$855.00M$778.00M$854.00M$890.00M$993.00M$619.00M$1.29B$1.36B$1.01B
Goodwill$19.00M$19.00M$19.00M$19.00M$19.00M$25.00M$30.00M$16.00M$16.00M$9.70M
Total assets$2.63B$2.56B$2.44B$2.35B$2.19B$2.09B$1.83B$2.51B$2.45B$2.03B
Current liabilities$291.00M$299.00M$259.00M$336.00M$351.00M$286.00M$244.00M$262.00M$270.10M$228.80M
Short-term debt$0$0$0$0$0$0$0$5.00M$25.10M$2.60M
Long-term debt$348.00M$348.00M$347.00M$346.00M$346.00M$348.00M$348.00M$347.00M$350.80M$374.40M
Total debt$348.00M$348.00M$347.00M$346.00M$346.00M$348.00M$348.00M$352.00M$375.90M$377.00M
Total liabilities$896.00M$885.00M$880.00M$916.00M$955.00M$842.00M$834.00M$814.00M--
Shareholders' equity$1.73B$1.67B$1.56B$1.43B$1.24B$1.23B$991.00M$1.70B$1.60B$1.20B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$382.00M$605.00M$316.00M$1.14B$1.48B$659.00M$159.00M$511.00M$474.00M$342.30M
Capital expenditures$291.00M$183.00M$300.00M$414.00M$254.00M$71.00M$163.00M$214.00M$149.00M$124.80M
Free cash flow$91.00M$422.00M$16.00M$730.00M$1.23B$588.00M-$4.00M$297.00M$325.00M$217.50M
Investing cash flow-$291.00M-$183.00M-$376.00M-$146.00M-$247.00M-$49.00M-$137.00M-$238.00M-$199.00M$285.10M
Financing cash flow-$141.00M-$292.00M-$77.00M-$982.00M-$1.39B-$272.00M-$717.00M-$317.00M-$9.00M-$407.00M
Dividends paid$78.00M$74.00M$69.00M$69.00M$66.00M$65.00M$65.00M$74.00M$0$0
Share repurchases$61.00M$212.00M$0$900.00M$1.30B$200.00M$638.00M$212.00M$0$0
Stock-based compensation$30.00M$20.00M$13.00M----$8.60M$9.70M$13.00M
Depreciation and amortization$145.00M$126.00M$119.00M$132.00M$114.00M$102.00M$118.00M$116.00M$123.00M$3.20M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-7.9%13.9%-33.0%-1.6%63.2%3.9%-18.3%3.4%22.4%18.0%
Net income growth, YoY-65.2%136.0%-83.6%-21.1%176.0%--1.3%160.3%-
EPS growth, YoY-64.7%139.4%-82.3%-1.6%215.9%--2.6%158.3%-
Gross margin21.8%28.3%23.0%38.9%50.1%34.7%13.1%26.3%26.9%18.1%
Operating margin7.7%18.0%11.1%32.4%44.3%25.6%-0.9%18.6%19.5%9.4%
Net margin5.4%14.3%6.9%28.2%35.2%20.8%-0.2%14.0%14.3%6.7%
Free cash flow margin3.4%14.3%0.6%18.9%31.4%24.5%-0.2%10.5%11.9%9.7%
Return on equity8.4%25.1%11.4%75.8%111.5%40.4%-0.5%23.2%24.3%12.5%
Return on assets5.6%16.4%7.3%46.2%62.8%23.9%-0.3%15.7%15.9%7.4%
Current ratio2.782.863.002.542.543.472.544.915.034.41
Debt to equity0.200.210.220.240.280.280.350.210.230.32

Source: XBRL data Louisiana-Pacific Corporation files with the SEC, latest filing dated Nov 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

LPX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
LPX$2.50B-11.6%$68.00M2.7%$5.27B
FBIN$4.36B-3.0%$128.00M2.9%$5.70B
TREX$1.28B+8.6%$178.07M13.9%$5.47B
WFG$5.46B-11.5%-$937.00M-17.2%$5.31B
UFPI$6.41B-0.7%$231.57M3.6%$4.36B
KOP$1.89B-5.0%-$86.90M-4.6%$566.8M
NWGL$14.58M-10.7%-$5.86M-40.2%$130.5M
JELD$3.14B-5.0%-$167.54M-5.3%$89.0M

LPX FAQ

9 questions
  • What is LPX revenue?
    Louisiana-Pacific Corporation (LPX) reported $2.50B of revenue for the twelve months ended Sep 30, 2026. That is down 11.6% from the year before. Revenue for fiscal 2025 was $2.71B.
  • Is LPX profitable?
    Yes. Louisiana-Pacific Corporation earned $68.00M in net income for the twelve months ended Sep 30, 2026, a net margin of 2.7%.
  • How much cash and debt does LPX have?
    Louisiana-Pacific Corporation reported $265.00M in cash and cash equivalents and $349.00M of debt on its most recent balance sheet in SEC filings.
  • How fast is LPX revenue growing?
    Louisiana-Pacific Corporation's revenue changed -7.9% in fiscal 2025, to $2.71B. Its compound annual growth rate was +2.5% over 5 years and +3.6% over 10 years.
  • What is LPX gross margin?
    Louisiana-Pacific Corporation's gross profit was $430.00M on $2.50B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 17.2%.
  • What is LPX free cash flow?
    Louisiana-Pacific Corporation generated $30.00M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $281.00M less capital expenditures.
  • What is LPX earnings per share?
    Diluted earnings per share were $0.97 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did LPX last report financial results?
    The latest statements here come from Louisiana-Pacific Corporation's 10-Q filed on Nov 3, 2026, covering the period ended Sep 30, 2026.
  • Where does this LPX financial data come from?
    Quantisnow builds these statements from the structured XBRL data Louisiana-Pacific Corporation files with the SEC. It is provided for information only and is not investment advice.