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Louisiana-Pacific (LPX) Financials

$70.74 +0.99 (+1.41%)

As of 10:57 AM Eastern

Annual Income Statements for Louisiana-Pacific

This table shows Louisiana-Pacific's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-88	150	1,169	1,185	-5.00	486	1,377	1,086	178	420	146
Consolidated Net Income / (Loss)	-88	150	1,169	395	-10	484	1,373	1,083	178	420	146
Net Income / (Loss) Continuing Operations	-86	150	391	399	-10	484	1,302	885	177	420	146
Total Pre-Tax Income	-95	165	510	524	-23	604	1,700	1,155	248	547	195
Total Operating Income	-63	210	533	526	-20	615	1,734	1,250	287	530	209
Total Gross Profit	210	404	736	744	303	833	1,963	1,498	593	832	589
Total Revenue	1,893	2,233	2,734	2,828	2,310	2,399	3,915	3,854	2,581	2,941	2,708
Operating Revenue	1,893	2,233	2,734	2,828	2,310	2,399	3,915	3,854	2,581	2,941	2,708
Total Cost of Revenue	1,683	1,829	1,998	2,084	2,007	1,566	1,952	2,355	1,988	2,110	2,119
Operating Cost of Revenue	1,683	1,829	1,998	2,084	2,007	1,566	1,952	2,355	1,988	2,110	2,119
Total Operating Expenses	273	194	-577	218	323	218	228	249	306	300	380
Selling, General & Admin Expense	153	185	191	209	230	195	223	264	257	291	329
Other Operating Expenses / (Income)	16	17	3.00	-2.00	1.00	7.00	-1.00	-16	19	4.00	7.00
Impairment Charge	2.10	-8.40	9.00	11	92	16	6.00	1.00	30	5.00	44
Total Other Income / (Expense), net	-32	-45	-23	-2.00	-3.00	-11	-35	-94	-39	17	-14
Interest Expense	31	32	9.00	16	19	19	14	11	14	14	15
Interest & Investment Income	4.40	8.20	-	18	10	-	1.00	14	18	22	16
Other Income / (Expense), net	-5.30	-21	-14	-4.00	6.00	8.00	-22	-97	-43	9.00	-15
Income Tax Expense	-2.70	20	119	122	-13	121	402	274	74	140	50
Other Gains / (Losses), net	6.70	5.20	0.00	-3.00	0.00	1.00	4.00	4.00	3.00	13	1.00
Basic Earnings per Share	($0.62)	$1.04	$2.70	$2.76	($0.04)	$4.48	$14.19	$13.94	$2.47	$5.91	$2.09
Weighted Average Basic Shares Outstanding	142.40M	143.40M	144M	143M	123M	111M	97M	78M	72M	71M	70M
Diluted Earnings per Share	($0.62)	$1.03	$2.66	$2.73	($0.04)	$4.46	$14.09	$13.87	$2.46	$5.89	$2.08
Weighted Average Diluted Shares Outstanding	142.40M	145.30M	146M	144M	123M	112M	98M	78M	72M	71M	70M
Weighted Average Basic & Diluted Shares Outstanding	142.10M	144M	144.40M	143M	112.02M	106.51M	85.86M	71.77M	72.25M	69.69M	69.83M
Cash Dividends to Common per Share	-	-	-	$0.13	$0.14	$0.15	$0.34	$0.22	$0.24	$0.26	$0.28

This table shows Louisiana-Pacific's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-20	118	58	108	160	90	62	90	54	10	-8.00
Consolidated Net Income / (Loss)	-21	118	59	108	160	90	62	91	54	9.00	-8.00
Net Income / (Loss) Continuing Operations	-21	117	60	108	160	90	62	90	54	10	-8.00
Total Pre-Tax Income	-1.00	160	66	148	201	113	85	116	73	18	-12
Total Operating Income	8.00	161	88	145	194	116	75	120	80	18	-9.00
Total Gross Profit	119	214	159	214	263	193	162	197	178	129	85
Total Revenue	611	728	658	724	814	722	681	724	755	663	566
Operating Revenue	611	728	658	724	814	722	681	724	755	663	566
Total Cost of Revenue	492	514	499	511	551	530	518	526	577	534	482
Operating Cost of Revenue	492	514	499	511	551	530	518	526	577	534	482
Total Operating Expenses	111	53	70	68	69	76	87	77	98	110	95
Selling, General & Admin Expense	66	58	67	69	71	75	76	75	79	95	80
Other Operating Expenses / (Income)	21	-6.00	-2.00	-1.00	-2.00	1.00	6.00	2.00	2.00	2.00	1.00
Total Other Income / (Expense), net	-9.00	0.00	-24	3.00	7.00	-2.00	9.00	-4.00	-7.00	0.00	-3.00
Interest Expense	3.00	4.00	4.00	4.00	4.00	4.00	2.00	3.00	4.00	4.00	4.00
Interest & Investment Income	2.00	4.00	7.00	6.00	6.00	6.00	4.00	4.00	4.00	5.00	3.00
Other Income / (Expense), net	-8.00	0.00	-27	1.00	5.00	-4.00	7.00	-5.00	-7.00	-1.00	-2.00
Income Tax Expense	21	44	8.00	41	53	23	23	26	19	9.00	-4.00
Other Gains / (Losses), net	1.00	1.00	1.00	1.00	12	0.00	-	0.00	0.00	0.00	1.00
Basic Earnings per Share	($0.28)	$1.63	$0.83	$1.49	$2.23	$1.28	$0.91	$1.30	$0.77	$0.13	($0.11)
Weighted Average Basic Shares Outstanding	72M	72M	72M	72M	72M	70M	71M	70M	70M	70M	70M
Diluted Earnings per Share	($0.28)	$1.63	$0.82	$1.48	$2.23	$1.28	$0.90	$1.30	$0.77	$0.13	($0.12)
Weighted Average Diluted Shares Outstanding	72M	72M	72M	72M	72M	71M	71M	70M	70M	70M	70M
Weighted Average Basic & Diluted Shares Outstanding	72.11M	72.11M	72.25M	71.67M	70.28M	70.24M	69.69M	69.59M	69.64M	69.64M	69.83M

This table details how cash moves in and out of Louisiana-Pacific's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-98	224	269	-49	-697	346	-164	16	-161	118	-49
Net Cash From Operating Activities	29	342	474	511	159	659	1,484	1,144	316	605	382
Net Cash From Continuing Operating Activities	29	342	476	518	160	0.00	1,485	1,145	316	601	384
Net Income / (Loss) Continuing Operations	-88	150	390	395	-10	497	1,373	1,083	178	420	146
Consolidated Net Income / (Loss)	-88	150	390	395	-10	497	1,373	1,083	178	420	146
Depreciation Expense	102	113	123	120	123	107	119	132	119	126	145
Non-Cash Adjustments To Reconcile Net Income	26	28	33	-6.00	97	34	30	-41	103	28	97
Changes in Operating Assets and Liabilities, net	-11	52	-70	9.00	-50	17	-37	-29	-84	27	-4.00
Net Cash From Investing Activities	-116	285	-199	-238	-137	-49	-247	-146	-376	-183	-291
Net Cash From Continuing Investing Activities	-116	285	-199	-238	-137	-43	-249	-146	-375	-183	-291
Purchase of Property, Plant & Equipment	-114	-125	-149	-214	-163	-71	-254	-414	-300	-183	-291
Acquisitions	0.00	0.00	-21	0.00	30	0.00	0.00	0.00	-80	0.00	0.00
Purchase of Investments	-	-	-	-45	-3.00	0.00	-	0.00	0.00	-17	0.00
Sale of Property, Plant & Equipment	0.50	0.30	-	-	-	-	0.00	0.00	9.00	1.00	0.00
Other Investing Activities, net	-2.60	-0.40	-29	-1.00	-1.00	13	5.00	268	-4.00	16	0.00
Net Cash From Financing Activities	-4.40	-407	-9.00	-317	-717	-272	-1,388	-982	-77	-292	-141
Net Cash From Continuing Financing Activities	-4.40	-407	-9.00	-317	-717	-272	-1,388	-982	-77	-293	-141
Repayment of Debt	-2.30	-748	-9.00	-31	-14	-357	-372	-13	-88	-7.00	-2.00
Repurchase of Common Equity	-	0.00	0.00	-212	-638	-200	-1,300	-900	0.00	-212	-61
Payment of Dividends	-	0.00	0.00	-74	-65	-65	-66	-69	-69	-74	-78
Issuance of Debt	3.30	350	-	0.00	0.00	350	350	0.00	80	0.00	0.00
Effect of Exchange Rate Changes	-6.90	3.10	3.00	-5.00	-2.00	-	-	-	-	-12	1.00
Cash Interest Paid	-	-	-12	1.00	13	18	-	14	-	-	14
Cash Income Taxes Paid	-	-	-143	90	20	70	421	320	65	124	42

This table details how cash moves in and out of Louisiana-Pacific's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Change in Cash & Equivalents	-56	90	62	22	69	29	-6.00	-84	73	-14	-24
Net Cash From Operating Activities	89	187	159	105	212	183	105	64	162	89	67
Net Cash From Continuing Operating Activities	90	187	158	105	210	184	104	65	160	91	68
Net Income / (Loss) Continuing Operations	-21	118	59	108	159	91	62	91	54	9.00	-8.00
Consolidated Net Income / (Loss)	-21	118	59	108	159	91	62	91	54	9.00	-8.00
Depreciation Expense	29	30	32	31	31	31	33	35	35	36	39
Non-Cash Adjustments To Reconcile Net Income	37	2.00	58	-	-5.00	3.00	15	-	-	27	34
Changes in Operating Assets and Liabilities, net	45	37	9.00	-34	25	59	-6.00	-61	35	19	3.00
Net Cash From Investing Activities	-158	-41	-64	-41	-20	-61	-61	-64	-68	-84	-75
Net Cash From Continuing Investing Activities	-158	-40	-64	-41	-20	-61	-61	-64	-68	-84	-75
Purchase of Property, Plant & Equipment	-154	-48	16	-41	-36	-44	-62	-64	-68	-84	-75
Net Cash From Financing Activities	13	-47	-16	-39	-118	-95	-40	-87	-18	-19	-17
Net Cash From Continuing Financing Activities	13	-48	-15	-38	-119	-95	-41	-88	-16	-20	-17
Repayment of Debt	-39	-41	2.00	-6.00	1.00	-3.00	1.00	-7.00	3.00	-1.00	3.00
Payment of Dividends	-18	-17	-17	-19	-18	-19	-18	-20	-19	-19	-20
Cash Income Taxes Paid	12	4.00	16	10	59	11	44	15	13	3.00	11

This table presents Louisiana-Pacific's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	2,176	2,031	2,449	2,514	1,835	2,086	2,194	2,350	2,437	2,556	2,627
Total Current Assets	769	1,008	1,360	1,287	619	993	890	854	778	855	809
Cash & Equivalents	435	659	928	878	181	535	358	369	222	340	292
Accounts Receivable	96	108	143	128	164	184	169	127	155	131	127
Inventories, net	222	235	259	273	265	259	278	337	378	357	363
Prepaid Expenses	7.00	6.10	7.80	8.00	9.00	15	17	20	23	27	28
Plant, Property, & Equipment, net	862	891	926	1,010	965	918	1,039	1,326	1,540	1,579	1,709
Total Noncurrent Assets	545	132	163	217	251	176	265	171	120	121	108
Long-Term Investments	7.70	6.20	7.80	49	10	11	7.00	6.00	5.00	17	17
Goodwill	9.70	9.70	27	26	50	46	39	36	27	26	22
Intangible Assets	53	54	56	62	63	52	42	40	32	29	13
Noncurrent Deferred & Refundable Income Taxes	4.80	4.30	2.50	4.00	1.00	3.00	2.00	7.00	11	4.00	8.00
Other Noncurrent Operating Assets	23	22	57	62	113	64	75	68	45	45	48
Total Liabilities & Shareholders' Equity	2,176	2,031	2,449	2,514	1,835	2,086	2,194	2,350	2,437	2,556	2,627
Total Liabilities	1,159	836	844	814	834	842	955	916	880	885	896
Total Current Liabilities	143	229	270	262	244	286	351	336	259	299	291
Accounts Payable	140	192	237	234	242	268	304	317	254	287	285
Current Deferred & Payable Income Tax Liabilities	-	31	4.50	21	0.00	18	13	19	5.00	11	5.00
Total Noncurrent Liabilities	1,016	607	574	552	590	557	605	579	620	587	606
Long-Term Debt	752	374	351	347	348	348	346	346	347	348	348
Noncurrent Deferred & Payable Income Tax Liabilities	100	28	33	62	73	78	86	113	162	145	177
Other Noncurrent Operating Liabilities	165	205	190	143	169	131	131	120	111	94	81
Total Equity & Noncontrolling Interests	1,017	1,196	1,605	1,700	991	1,234	1,235	1,433	1,557	1,671	1,731
Total Preferred & Common Equity	1,017	1,196	1,605	1,700	991	1,234	1,235	1,433	1,557	1,671	1,731
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,017	1,196	1,605	1,700	991	1,234	1,235	1,434	1,557	1,671	1,731
Common Stock	650	632	624	611	584	576	560	550	553	564	593
Retained Earnings	724	890	1,280	1,613	966	1,206	1,239	1,371	1,479	1,615	1,621
Treasury Stock	-211	-189	-178	-378	-406	-397	-390	-388	-386	-386	-385
Accumulated Other Comprehensive Income / (Loss)	-146	-137	-122	-146	-153	-151	-174	-99	-89	-122	-98

This table presents Louisiana-Pacific's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025
Total Assets	2,259	2,302	2,380	2,487	2,529	2,576	2,570	2,656	2,649
Total Current Assets	713	671	745	842	883	885	839	895	862
Cash & Equivalents	126	71	160	244	317	346	256	333	316
Accounts Receivable	148	172	181	180	161	136	159	168	158
Inventories, net	415	407	379	398	373	372	399	370	357
Prepaid Expenses	23	21	25	19	32	30	25	24	31
Plant, Property, & Equipment, net	1,397	1,504	1,512	1,533	1,542	1,567	1,606	1,639	1,669
Total Noncurrent Assets	150	128	122	113	104	124	125	121	118
Long-Term Investments	5.00	6.00	6.00	6.00	1.00	18	18	18	17
Goodwill	36	27	27	27	26	26	26	25	24
Intangible Assets	33	32	32	31	30	30	27	25	25
Noncurrent Deferred & Refundable Income Taxes	10	8.00	4.00	5.00	5.00	4.00	7.00	7.00	6.00
Other Noncurrent Operating Assets	66	55	53	44	42	46	47	46	46
Total Liabilities & Shareholders' Equity	2,259	2,302	2,380	2,487	2,529	2,576	2,570	2,656	2,649
Total Liabilities	808	883	878	869	871	910	878	914	910
Total Current Liabilities	229	267	266	254	261	303	277	315	294
Accounts Payable	227	262	264	242	258	282	265	290	280
Current Deferred & Payable Income Tax Liabilities	1.00	5.00	2.00	11	3.00	22	12	25	14
Total Noncurrent Liabilities	579	617	612	615	610	606	601	599	617
Long-Term Debt	347	377	347	347	347	347	348	348	348
Noncurrent Deferred & Payable Income Tax Liabilities	115	127	152	162	158	153	149	148	166
Other Noncurrent Operating Liabilities	117	113	113	106	105	106	104	103	103
Total Equity & Noncontrolling Interests	1,450	1,419	1,502	1,617	1,658	1,666	1,692	1,742	1,739
Total Preferred & Common Equity	1,450	1,419	1,502	1,617	1,658	1,666	1,692	1,742	1,739
Total Common Equity	1,450	1,418	1,501	1,618	1,659	1,682	1,692	1,742	1,740
Common Stock	543	546	548	553	558	558	565	573	585
Retained Earnings	1,375	1,337	1,438	1,555	1,595	1,594	1,625	1,659	1,649
Treasury Stock	-388	-387	-387	-386	-385	-370	-388	-386	-386
Accumulated Other Comprehensive Income / (Loss)	-80	-78	-98	-104	-109	-100	-110	-104	-108

This table displays calculated financial ratios and metrics derived from Louisiana-Pacific's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-2.19%	18.01%	22.41%	3.44%	-18.32%	3.85%	63.19%	-1.56%	-33.03%	13.95%	-7.92%
EBITDA Growth	66.50%	805.71%	112.86%	0.00%	-83.02%	569.72%	150.82%	-29.82%	-71.75%	83.20%	-49.02%
EBIT Growth	14.99%	375.22%	174.89%	0.58%	-102.68%	4,550.00%	174.80%	-32.65%	-78.84%	120.90%	-64.01%
NOPAT Growth	18.43%	517.42%	120.93%	-1.25%	-103.47%	3,612.83%	169.21%	-27.98%	-78.88%	95.84%	-60.59%
Net Income Growth	-16.84%	270.03%	680.37%	-66.21%	-102.53%	4,940.00%	183.68%	-21.12%	-83.56%	135.96%	-65.24%
EPS Growth	-16.98%	266.13%	158.25%	2.63%	-101.47%	11,250.00%	215.92%	-1.56%	-82.26%	139.43%	-64.69%
Operating Cash Flow Growth	155.20%	1,072.26%	38.48%	7.81%	-68.88%	314.47%	125.19%	-22.91%	-72.38%	91.46%	-36.86%
Free Cash Flow Firm Growth	60.93%	1,900.54%	-55.16%	19.35%	-114.51%	1,357.01%	110.39%	-44.61%	-112.58%	577.11%	-88.75%
Invested Capital Growth	-0.81%	-31.97%	15.36%	7.73%	2.97%	-8.65%	7.75%	23.53%	20.70%	-1.13%	6.56%
Revenue Q/Q Growth	0.50%	4.06%	6.24%	-4.14%	-2.19%	-2.68%	-17.42%	0.00%	-1.79%	0.79%	-4.07%
EBITDA Q/Q Growth	273.44%	15.56%	22.66%	-17.97%	-44.16%	90.60%	-15.62%	0.00%	31.05%	3.42%	-20.42%
EBIT Q/Q Growth	43.02%	25.03%	28.05%	-20.78%	-118.13%	134.21%	-16.69%	0.00%	55.41%	4.05%	-32.40%
NOPAT Q/Q Growth	44.28%	47.85%	26.36%	-22.95%	-118.42%	175.13%	-30.93%	0.00%	20.43%	-4.85%	-27.96%
Net Income Q/Q Growth	27.13%	49.80%	287.73%	-69.33%	-115.87%	161.62%	-27.58%	0.00%	64.81%	0.72%	-32.41%
EPS Q/Q Growth	28.74%	49.28%	28.50%	-21.33%	-108.00%	154.86%	-15.53%	0.00%	15.49%	1.38%	-32.90%
Operating Cash Flow Q/Q Growth	222.18%	26.40%	16.46%	-13.10%	6.00%	50.11%	-7.48%	0.00%	59.60%	-8.19%	-9.05%
Free Cash Flow Firm Q/Q Growth	12.29%	397.65%	-58.98%	-15.36%	33.22%	60.22%	-34.16%	-37.30%	94.28%	-7.83%	-58.09%
Invested Capital Q/Q Growth	0.62%	-31.73%	6.16%	-0.14%	-9.13%	-2.25%	2.55%	0.00%	-0.18%	0.73%	0.97%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	11.09%	18.10%	26.92%	26.31%	13.12%	34.72%	50.14%	38.87%	22.98%	28.29%	21.75%
EBITDA Margin	1.76%	13.50%	23.48%	22.70%	4.72%	30.43%	46.77%	33.34%	14.06%	22.61%	12.52%
Operating Margin	-3.34%	9.41%	19.50%	18.60%	-0.87%	25.64%	44.29%	32.43%	11.12%	18.02%	7.72%
EBIT Margin	-3.62%	8.45%	18.98%	18.46%	-0.61%	25.97%	43.73%	29.92%	9.45%	18.33%	7.16%
Profit (Net Income) Margin	-4.66%	6.71%	42.76%	13.97%	-0.43%	20.18%	35.07%	28.10%	6.90%	14.28%	5.39%
Tax Burden Percent	92.35%	90.84%	229.22%	75.38%	43.48%	80.13%	80.76%	93.77%	71.77%	76.78%	74.87%
Interest Burden Percent	139.07%	87.34%	98.27%	100.38%	164.29%	96.95%	99.30%	100.17%	101.64%	101.48%	100.52%
Effective Tax Rate	0.00%	12.01%	23.33%	23.28%	0.00%	20.03%	23.65%	23.72%	29.84%	25.59%	25.64%
Return on Invested Capital (ROIC)	-3.36%	16.75%	42.45%	37.67%	-1.24%	44.93%	121.97%	75.76%	13.12%	23.62%	9.06%
ROIC Less NNEP Spread (ROIC-NNEP)	-20.66%	1,579.45%	-131.37%	39.14%	-3.04%	72.78%	90.53%	-91.38%	-45.29%	69.84%	-55.84%
Return on Net Nonoperating Assets (RNNOA)	-4.90%	-3.21%	41.05%	-13.77%	0.50%	-1.82%	-11.38%	5.30%	-1.21%	2.40%	-0.48%
Return on Equity (ROE)	-8.26%	13.54%	83.49%	23.91%	-0.74%	43.12%	110.59%	81.06%	11.91%	26.02%	8.58%
Cash Return on Invested Capital (CROIC)	-2.55%	54.81%	28.19%	30.23%	-4.17%	53.98%	114.51%	54.71%	-5.64%	24.76%	2.71%
Operating Return on Assets (OROA)	-3.03%	8.97%	23.17%	21.04%	-0.64%	31.78%	80.00%	50.75%	10.19%	21.53%	7.49%
Return on Assets (ROA)	-3.89%	7.12%	52.19%	15.92%	-0.46%	24.69%	64.16%	47.67%	7.44%	16.78%	5.63%
Return on Common Equity (ROCE)	-8.26%	13.54%	83.49%	23.91%	-0.74%	42.73%	109.97%	80.97%	11.91%	26.02%	8.58%
Return on Equity Simple (ROE_SIMPLE)	-8.66%	12.53%	72.86%	23.24%	-1.01%	39.22%	111.17%	75.58%	11.43%	25.13%	0.00%
Net Operating Profit after Tax (NOPAT)	-44	185	409	404	-14	492	1,324	953	201	394	155
NOPAT Margin	-2.34%	8.28%	14.95%	14.27%	-0.61%	20.50%	33.82%	24.74%	7.80%	13.41%	5.74%
Net Nonoperating Expense Percent (NNEP)	17.30%	-1,562.70%	173.82%	-1.47%	1.79%	-27.84%	31.44%	167.14%	58.41%	-46.21%	64.90%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	53.60%	10.58%	19.53%	7.48%
Cost of Revenue to Revenue	88.91%	81.90%	73.08%	73.69%	86.88%	65.28%	49.86%	61.11%	77.02%	71.74%	78.25%
SG&A Expenses to Revenue	8.07%	8.29%	6.99%	7.39%	9.96%	8.13%	5.70%	6.85%	9.96%	9.89%	12.15%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	14.43%	8.69%	-21.10%	7.71%	13.98%	9.09%	5.82%	6.46%	11.86%	10.20%	14.03%
Earnings before Interest and Taxes (EBIT)	-69	189	519	522	-14	623	1,712	1,153	244	539	194
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	33	302	642	642	109	730	1,831	1,285	363	665	339
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.26	2.01	2.12	1.68	3.27	3.13	5.37	2.97	3.24	4.35	3.25
Price to Tangible Book Value (P/TBV)	2.41	2.12	2.23	1.77	3.69	3.40	5.74	3.13	3.37	4.50	3.32
Price to Revenue (P/Rev)	1.21	1.08	1.24	1.01	1.40	1.61	1.69	1.10	1.96	2.47	2.08
Price to Earnings (P/E)	0.00	16.06	2.91	2.41	0.00	7.95	4.81	3.92	28.36	17.32	38.52
Dividend Yield	0.00%	0.00%	0.00%	2.57%	1.96%	1.64%	0.90%	1.53%	1.37%	1.00%	1.39%
Earnings Yield	0.00%	6.23%	34.39%	41.48%	0.00%	12.59%	20.77%	25.53%	3.53%	5.77%	2.60%
Enterprise Value to Invested Capital (EV/IC)	1.99	2.37	2.75	2.05	2.98	3.52	5.87	3.04	3.08	4.38	3.20
Enterprise Value to Revenue (EV/Rev)	1.38	0.95	1.04	0.81	1.48	1.53	1.69	1.10	2.00	2.47	2.09
Enterprise Value to EBITDA (EV/EBITDA)	78.39	7.02	4.42	3.55	31.28	5.03	3.61	3.29	14.24	10.92	16.71
Enterprise Value to EBIT (EV/EBIT)	0.00	11.21	5.47	4.37	0.00	5.90	3.86	3.66	21.18	13.48	29.19
Enterprise Value to NOPAT (EV/NOPAT)	0.00	11.45	6.95	5.66	0.00	7.47	5.00	4.43	25.67	18.42	36.44
Enterprise Value to Operating Cash Flow (EV/OCF)	89.39	6.18	5.99	4.47	21.44	5.57	4.46	3.69	16.35	12.01	14.83
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	3.50	10.46	7.05	0.00	6.22	5.32	6.14	0.00	17.57	122.03
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.74	0.32	0.23	0.21	0.35	0.28	0.28	0.24	0.22	0.21	0.20
Long-Term Debt to Equity	0.74	0.31	0.22	0.20	0.35	0.28	0.28	0.24	0.22	0.21	0.20
Financial Leverage	0.24	0.00	-0.31	-0.35	-0.17	-0.02	-0.13	-0.06	0.03	0.03	0.01
Leverage Ratio	2.12	1.90	1.60	1.50	1.61	1.75	1.72	1.70	1.60	1.55	1.52
Compound Leverage Factor	2.95	1.66	1.57	1.51	2.65	1.69	1.71	1.70	1.63	1.57	1.53
Debt to Total Capital	42.57%	23.97%	18.98%	17.15%	25.80%	21.86%	21.83%	19.45%	18.22%	17.24%	16.74%
Short-Term Debt to Total Capital	0.12%	0.17%	1.27%	0.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	42.45%	23.81%	17.71%	16.91%	25.80%	21.86%	21.83%	19.45%	18.22%	17.24%	16.74%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.74%	0.63%	0.25%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	57.43%	76.03%	81.02%	82.85%	73.46%	77.51%	77.92%	80.61%	81.78%	82.76%	83.26%
Debt to EBITDA	22.64	1.25	0.59	0.55	3.19	0.48	0.19	0.27	0.96	0.52	1.03
Net Debt to EBITDA	9.35	-0.96	-0.87	-0.90	1.44	-0.27	-0.01	-0.02	0.33	-0.01	0.12
Long-Term Debt to EBITDA	22.58	1.24	0.55	0.54	3.19	0.48	0.19	0.27	0.96	0.52	1.03
Debt to NOPAT	-17.01	2.04	0.92	0.87	-24.86	0.71	0.26	0.36	1.72	0.88	2.24
Net Debt to NOPAT	-7.03	-1.56	-1.37	-1.42	-11.21	-0.40	-0.01	-0.03	0.60	-0.02	0.25
Long-Term Debt to NOPAT	-16.97	2.02	0.86	0.86	-24.86	0.71	0.26	0.36	1.72	0.88	2.24
Altman Z-Score	2.77	4.21	5.50	5.30	4.55	6.10	9.61	7.13	5.94	7.83	6.14
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.37%	0.89%	0.56%	0.11%	-0.03%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.38	4.41	5.03	4.91	2.54	3.47	2.54	2.54	3.00	2.86	2.78
Quick Ratio	3.71	3.35	4.05	3.84	1.41	2.51	1.50	1.48	1.46	1.58	1.44
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-34	605	271	324	-47	591	1,243	688	-87	413	46
Operating Cash Flow to CapEx	25.77%	274.94%	318.12%	238.79%	97.55%	928.17%	584.25%	276.33%	108.59%	332.42%	131.27%
Free Cash Flow to Firm to Interest Expense	-1.08	18.85	30.15	20.24	-2.47	31.09	88.78	62.59	-6.19	29.53	3.09
Operating Cash Flow to Interest Expense	0.94	10.66	52.67	31.94	8.37	34.68	106.00	104.00	22.57	43.21	25.47
Operating Cash Flow Less CapEx to Interest Expense	-2.70	6.79	36.11	18.56	-0.21	30.95	87.86	66.36	1.79	30.21	6.07
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.84	1.06	1.22	1.14	1.06	1.22	1.83	1.70	1.08	1.18	1.05
Accounts Receivable Turnover	18.48	21.82	21.80	20.91	15.82	13.79	22.18	26.04	18.31	20.57	20.99
Inventory Turnover	7.45	8.01	8.09	7.83	7.46	5.98	7.27	7.66	5.56	5.74	5.89
Fixed Asset Turnover	2.21	2.55	3.01	2.92	2.34	2.55	4.00	3.26	1.80	1.88	1.65
Accounts Payable Turnover	10.93	11.05	9.32	8.85	8.43	6.14	6.83	7.58	6.96	7.80	7.41
Days Sales Outstanding (DSO)	19.75	16.73	16.74	17.46	23.07	26.47	16.46	14.02	19.94	17.75	17.39
Days Inventory Outstanding (DIO)	49.00	45.56	45.10	46.60	48.92	61.07	50.21	47.66	65.64	63.57	62.01
Days Payable Outstanding (DPO)	33.39	33.04	39.15	41.26	43.28	59.43	53.48	48.12	52.42	46.79	49.26
Cash Conversion Cycle (CCC)	35.36	29.25	22.69	22.80	28.71	28.11	13.18	13.55	33.16	34.53	30.13
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,314	894	1,031	1,111	1,144	1,045	1,126	1,391	1,679	1,660	1,770
Invested Capital Turnover	1.43	2.02	2.84	2.64	2.05	2.19	3.61	3.06	1.68	1.76	1.58
Increase / (Decrease) in Invested Capital	-11	-420	137	80	33	-99	81	265	288	-19	109
Enterprise Value (EV)	2,610	2,117	2,839	2,282	3,409	3,673	6,614	4,225	5,168	7,264	5,663
Market Capitalization	2,299	2,406	3,399	2,857	3,242	3,861	6,629	4,254	5,048	7,273	5,624
Book Value per Share	$7.12	$8.41	$11.08	$12.04	$8.44	$11.29	$14.04	$18.38	$21.59	$23.79	$24.73
Tangible Book Value per Share	$6.68	$7.96	$10.51	$11.42	$7.48	$10.39	$13.12	$17.41	$20.77	$23.01	$24.23
Total Capital	1,771	1,573	1,980	2,052	1,349	1,592	1,585	1,779	1,904	2,019	2,079
Total Debt	754	377	376	352	348	348	346	346	347	348	348
Total Long-Term Debt	752	374	351	347	348	348	346	346	347	348	348
Net Debt	312	-289	-560	-575	157	-198	-19	-29	120	-9.00	39
Capital Expenditures (CapEx)	113	125	149	214	163	71	254	414	291	182	291
Debt-free, Cash-free Net Working Capital (DFCFNWC)	194	123	187	152	194	172	181	149	297	216	226
Debt-free Net Working Capital (DFNWC)	628	782	1,115	1,030	375	707	539	518	519	556	518
Net Working Capital (NWC)	626	780	1,090	1,025	375	707	539	518	519	556	518
Net Nonoperating Expense (NNE)	44	35	-760	8.53	-4.00	7.80	-49	-130	23	-26	9.41
Net Nonoperating Obligations (NNO)	297	-302	-573	-589	143	-199	-113	-42	122	-11	39
Total Depreciation and Amortization (D&A)	102	113	123	120	123	107	119	132	119	126	145
Debt-free, Cash-free Net Working Capital to Revenue	10.22%	5.50%	6.83%	5.37%	8.40%	7.17%	4.62%	3.87%	11.51%	7.34%	8.35%
Debt-free Net Working Capital to Revenue	33.19%	35.02%	40.77%	36.42%	16.23%	29.47%	13.77%	13.44%	20.11%	18.91%	19.13%
Net Working Capital to Revenue	33.08%	34.90%	39.85%	36.24%	16.23%	29.47%	13.77%	13.44%	20.11%	18.91%	19.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.62)	$1.04	$2.70	$2.76	($0.04)	$4.48	$14.19	$13.94	$2.47	$5.91	$2.09
Adjusted Weighted Average Basic Shares Outstanding	142.40M	143.40M	144.40M	143M	123M	111M	97M	78M	72M	71M	70M
Adjusted Diluted Earnings per Share	($0.62)	$1.03	$2.66	$2.73	($0.04)	$4.46	$14.09	$13.87	$2.46	$5.89	$2.08
Adjusted Weighted Average Diluted Shares Outstanding	142.40M	145.30M	146.40M	144.40M	123M	112M	98M	78M	72M	71M	70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	($0.04)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	143.17M	143.17M	144.95M	135.39M	112.02M	106.51M	85.86M	71.77M	72.25M	69.69M	69.83M
Normalized Net Operating Profit after Tax (NOPAT)	-43	178	416	412	50	505	1,329	954	222	398	188
Normalized NOPAT Margin	-2.26%	7.95%	15.20%	14.57%	2.18%	21.03%	33.93%	24.76%	8.62%	13.54%	6.95%
Pre Tax Income Margin	-5.04%	7.38%	18.65%	18.53%	-1.00%	25.18%	43.42%	29.97%	9.61%	18.60%	7.20%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-2.20	5.88	57.67	32.63	-0.74	32.79	122.29	104.82	17.43	38.50	12.93
NOPAT to Interest Expense	-1.42	5.76	45.40	25.22	-0.74	25.88	94.57	86.68	14.38	28.17	10.36
EBIT Less CapEx to Interest Expense	-5.83	2.00	41.11	19.25	-9.32	29.05	104.14	67.18	-3.36	25.50	-6.47
NOPAT Less CapEx to Interest Expense	-5.05	1.88	28.85	11.85	-9.32	22.15	76.43	49.04	-6.40	15.17	-9.04
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	18.73%	-650.00%	13.43%	4.81%	6.37%	38.76%	17.62%	53.42%
Augmented Payout Ratio	0.00%	0.00%	0.00%	72.41%	-7,030.00%	54.75%	99.49%	89.47%	38.76%	68.10%	95.21%

This table displays calculated financial ratios and metrics derived from Louisiana-Pacific's official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-45.93%	-14.55%	-6.67%	23.97%	33.22%	-0.82%	3.50%	0.00%	-7.25%	-8.17%	-16.89%
EBITDA Growth	-94.17%	-5.91%	1,228.57%	254.00%	693.10%	-25.13%	23.66%	-15.25%	-53.04%	-62.94%	-75.65%
EBIT Growth	-100.00%	-4.73%	334.62%	563.64%	0.00%	-30.43%	34.43%	-21.23%	-63.32%	-84.82%	-113.41%
NOPAT Growth	-98.38%	-8.81%	84.13%	265.32%	2,450.82%	-20.85%	-29.26%	-11.19%	-58.57%	-90.26%	-111.52%
Net Income Growth	-105.45%	-47.79%	636.36%	390.91%	861.90%	-23.73%	5.08%	-15.74%	-66.25%	-90.00%	-112.90%
EPS Growth	-105.92%	-46.56%	67.35%	410.34%	896.43%	-21.47%	9.76%	-12.16%	-65.47%	-89.84%	-113.33%
Operating Cash Flow Growth	-81.57%	-4.10%	287.80%	188.24%	138.20%	-2.14%	-33.96%	-39.05%	-23.58%	-51.37%	-36.19%
Free Cash Flow Firm Growth	-261.17%	-227.67%	5.53%	118.37%	137.25%	108.07%	134.99%	-24.16%	-95.32%	-175.96%	-258.58%
Invested Capital Growth	38.18%	0.00%	20.70%	2.88%	-1.86%	-2.02%	-1.13%	2.91%	3.02%	6.37%	6.56%
Revenue Q/Q Growth	4.62%	19.15%	-9.62%	10.03%	12.43%	-11.30%	-5.68%	6.31%	4.28%	-12.19%	-14.63%
EBITDA Q/Q Growth	-42.00%	558.62%	-51.31%	90.32%	29.94%	-37.83%	-19.58%	30.43%	-28.00%	-50.93%	-47.17%
EBIT Q/Q Growth	-100.00%	0.00%	-62.11%	139.34%	36.30%	-43.72%	-26.79%	40.24%	-36.52%	-76.71%	-164.71%
NOPAT Q/Q Growth	-80.48%	1,984.38%	-33.75%	35.56%	36.26%	-35.32%	-40.79%	70.19%	-36.44%	-84.79%	-170.00%
Net Income Q/Q Growth	-195.45%	661.90%	-50.00%	83.05%	48.15%	-43.75%	-31.11%	46.77%	-40.66%	-83.33%	-188.89%
EPS Q/Q Growth	-196.55%	682.14%	-49.69%	80.49%	50.68%	-42.60%	-29.69%	44.44%	-40.77%	-83.12%	-192.31%
Operating Cash Flow Q/Q Growth	174.79%	110.11%	-14.97%	-33.96%	101.90%	-13.68%	-42.62%	-39.05%	153.13%	-45.06%	-24.72%
Free Cash Flow Firm Q/Q Growth	-51.76%	-233.46%	86.54%	126.98%	207.66%	-27.71%	-41.68%	-41.52%	-81.03%	-1,273.87%	-20.10%
Invested Capital Q/Q Growth	3.06%	-2.15%	-0.18%	2.20%	-1.69%	-2.31%	0.73%	6.39%	-1.59%	0.86%	0.97%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	19.48%	29.40%	24.16%	29.56%	32.31%	26.73%	23.79%	27.21%	23.58%	19.46%	15.02%
EBITDA Margin	4.75%	26.24%	14.13%	24.45%	28.26%	19.81%	16.89%	20.72%	14.30%	7.99%	4.95%
Operating Margin	1.31%	22.12%	13.37%	20.03%	23.83%	16.07%	11.01%	16.57%	10.60%	2.71%	-1.59%
EBIT Margin	0.00%	22.12%	9.27%	20.17%	24.45%	15.51%	12.04%	15.88%	9.67%	2.56%	-1.94%
Profit (Net Income) Margin	-3.44%	16.21%	8.97%	14.92%	19.66%	12.47%	9.10%	12.57%	7.15%	1.36%	-1.41%
Tax Burden Percent	2,100.00%	73.75%	89.39%	72.97%	79.60%	79.65%	72.94%	78.45%	73.97%	50.00%	66.67%
Interest Burden Percent	0.00%	99.38%	108.20%	101.37%	101.01%	100.89%	103.66%	100.87%	100.00%	105.88%	109.09%
Effective Tax Rate	0.00%	27.50%	12.12%	27.70%	26.37%	20.35%	27.06%	22.41%	26.03%	50.00%	0.00%
Return on Invested Capital (ROIC)	1.70%	50.10%	19.76%	23.29%	30.13%	22.43%	14.15%	21.72%	13.19%	2.25%	-1.76%
ROIC Less NNEP Spread (ROIC-NNEP)	-91.63%	51.52%	-26.07%	25.29%	40.56%	19.48%	27.29%	19.29%	-28.23%	2.25%	-13.48%
Return on Net Nonoperating Assets (RNNOA)	-1.80%	6.17%	-0.70%	2.60%	4.34%	1.00%	0.94%	1.01%	-0.21%	0.00%	-0.11%
Return on Equity (ROE)	-0.09%	56.28%	19.06%	25.89%	34.47%	23.42%	15.09%	22.73%	12.98%	2.25%	-1.87%
Cash Return on Invested Capital (CROIC)	-19.84%	-180.12%	-5.64%	13.66%	27.64%	26.93%	24.76%	19.09%	14.49%	6.51%	2.71%
Operating Return on Assets (OROA)	0.00%	48.84%	10.00%	23.12%	29.59%	18.27%	14.15%	18.48%	10.75%	2.77%	-2.03%
Return on Assets (ROA)	-3.90%	35.80%	9.67%	17.10%	23.79%	14.68%	10.70%	14.62%	7.95%	1.47%	-1.48%
Return on Common Equity (ROCE)	-0.09%	56.24%	19.07%	25.89%	34.47%	23.53%	15.09%	22.74%	12.99%	2.26%	-1.87%
Return on Equity Simple (ROE_SIMPLE)	15.22%	7.19%	0.00%	16.33%	26.84%	25.03%	0.00%	23.82%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	5.60	117	77	105	143	92	55	93	59	9.00	-6.30
NOPAT Margin	0.92%	16.03%	11.75%	14.48%	17.55%	12.80%	8.03%	12.86%	7.84%	1.36%	-1.11%
Net Nonoperating Expense Percent (NNEP)	93.33%	-1.42%	45.83%	-2.01%	-10.43%	2.95%	-13.14%	2.43%	41.42%	0.00%	11.72%
Return On Investment Capital (ROIC_SIMPLE)	-	-	4.06%	-	-	-	2.71%	4.56%	2.83%	0.43%	-0.30%
Cost of Revenue to Revenue	80.52%	70.60%	75.84%	70.58%	67.69%	73.41%	76.06%	72.65%	76.42%	80.54%	85.16%
SG&A Expenses to Revenue	10.80%	7.97%	10.18%	9.53%	8.72%	10.39%	11.16%	10.36%	10.46%	14.33%	14.13%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	18.17%	7.28%	10.64%	9.39%	8.48%	10.53%	12.78%	10.64%	12.98%	16.59%	16.78%
Earnings before Interest and Taxes (EBIT)	0.00	161	61	146	199	112	82	115	73	17	-11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	29	191	93	177	230	143	115	150	108	53	28
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.74	2.62	3.24	3.72	3.55	4.49	4.35	3.79	3.44	3.56	3.25
Price to Tangible Book Value (P/TBV)	3.91	2.73	3.37	3.86	3.67	4.64	4.50	3.91	3.54	3.66	3.32
Price to Revenue (P/Rev)	1.93	1.50	1.96	2.21	2.01	2.59	2.47	2.18	2.08	2.19	2.08
Price to Earnings (P/E)	24.13	35.11	28.36	22.79	13.25	18.15	17.32	15.95	20.22	28.64	38.52
Dividend Yield	1.25%	1.72%	1.37%	1.46%	1.22%	0.95%	1.00%	1.15%	1.26%	1.24%	1.39%
Earnings Yield	4.14%	2.85%	3.53%	4.39%	7.55%	5.51%	5.77%	6.27%	4.95%	3.49%	2.60%
Enterprise Value to Invested Capital (EV/IC)	3.26	2.45	3.08	3.56	3.51	4.57	4.38	3.67	3.44	3.54	3.20
Enterprise Value to Revenue (EV/Rev)	2.04	1.57	2.00	2.25	2.02	2.58	2.47	2.20	2.08	2.20	2.09
Enterprise Value to EBITDA (EV/EBITDA)	19.41	14.85	14.24	12.48	8.56	11.72	10.92	10.16	11.59	14.56	16.71
Enterprise Value to EBIT (EV/EBIT)	34.00	26.20	21.18	16.61	10.43	14.55	13.48	12.76	15.66	21.61	29.19
Enterprise Value to NOPAT (EV/NOPAT)	30.98	24.60	25.67	21.90	13.48	18.18	18.42	16.96	20.00	28.75	36.44
Enterprise Value to Operating Cash Flow (EV/OCF)	27.23	20.77	16.35	11.32	8.92	11.43	12.01	11.50	11.64	14.77	14.83
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	26.45	12.56	16.80	17.57	19.51	24.11	56.01	122.03
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.27	0.23	0.22	0.21	0.21	0.21	0.21	0.21	0.20	0.20	0.20
Long-Term Debt to Equity	0.27	0.23	0.22	0.21	0.21	0.21	0.21	0.21	0.20	0.20	0.20
Financial Leverage	0.02	0.12	0.03	0.10	0.11	0.05	0.03	0.05	0.01	0.00	0.01
Leverage Ratio	1.67	1.58	1.60	1.55	1.57	1.56	1.55	1.53	1.53	1.53	1.52
Compound Leverage Factor	0.00	1.57	1.73	1.57	1.59	1.58	1.61	1.54	1.53	1.62	1.66
Debt to Total Capital	20.99%	18.77%	18.22%	17.67%	17.31%	17.24%	17.24%	17.06%	16.65%	16.67%	16.74%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	20.99%	18.77%	18.22%	17.67%	17.31%	17.24%	17.24%	17.06%	16.65%	16.67%	16.74%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	78.95%	81.18%	81.78%	82.38%	82.74%	83.56%	82.76%	82.94%	83.35%	83.37%	83.26%
Debt to EBITDA	1.30	1.25	0.96	0.71	0.50	0.54	0.52	0.55	0.67	0.82	1.03
Net Debt to EBITDA	1.04	0.65	0.33	0.20	0.04	-0.03	-0.01	0.12	-0.01	0.04	0.12
Long-Term Debt to EBITDA	1.30	1.25	0.96	0.71	0.50	0.54	0.52	0.55	0.67	0.82	1.03
Debt to NOPAT	2.08	2.08	1.72	1.24	0.79	0.84	0.88	0.91	1.16	1.61	2.24
Net Debt to NOPAT	1.66	1.08	0.60	0.35	0.07	-0.04	-0.02	0.19	-0.01	0.07	0.25
Long-Term Debt to NOPAT	2.08	2.08	1.72	1.24	0.79	0.84	0.88	0.91	1.16	1.61	2.24
Altman Z-Score	5.83	5.10	5.69	6.60	6.65	7.39	7.24	6.82	6.24	6.29	5.88
Noncontrolling Interest Sharing Ratio	0.10%	0.07%	-0.03%	0.00%	0.00%	-0.47%	0.00%	-0.03%	-0.03%	-0.50%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.51	2.80	3.00	3.32	3.38	2.92	2.86	3.03	2.84	2.93	2.78
Quick Ratio	0.91	1.28	1.46	1.67	1.83	1.59	1.58	1.50	1.59	1.61	1.44
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-469	-1,565	-211	57	175	126	74	43	8.18	-96	-115
Operating Cash Flow to CapEx	57.79%	467.50%	0.00%	256.10%	588.89%	415.91%	172.13%	100.00%	238.24%	105.95%	89.33%
Free Cash Flow to Firm to Interest Expense	-156.47	-391.32	-52.67	14.21	43.71	31.60	36.85	14.37	2.04	-24.00	-28.83
Operating Cash Flow to Interest Expense	29.67	46.75	39.75	26.25	53.00	45.75	52.50	21.33	40.50	22.25	16.75
Operating Cash Flow Less CapEx to Interest Expense	-21.67	36.75	43.75	16.00	44.00	34.75	22.00	0.00	23.50	1.25	-2.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.14	2.21	1.08	1.15	1.21	1.18	1.18	1.16	1.11	1.08	1.05
Accounts Receivable Turnover	14.08	0.00	18.31	16.59	17.56	18.41	20.57	17.35	17.52	19.20	20.99
Inventory Turnover	6.07	0.00	5.56	4.96	5.32	5.57	5.74	5.33	5.79	5.91	5.89
Fixed Asset Turnover	2.06	0.00	1.80	1.86	1.92	1.90	1.88	1.87	1.81	1.74	1.65
Accounts Payable Turnover	7.53	0.00	6.96	8.60	7.98	7.66	7.80	8.38	7.85	7.67	7.41
Days Sales Outstanding (DSO)	25.93	0.00	19.94	22.00	20.78	19.83	17.75	21.04	20.83	19.01	17.39
Days Inventory Outstanding (DIO)	60.16	0.00	65.64	73.60	68.60	65.55	63.57	68.45	63.04	61.74	62.01
Days Payable Outstanding (DPO)	48.48	0.00	52.42	42.46	45.73	47.65	46.79	43.54	46.49	47.59	49.26
Cash Conversion Cycle (CCC)	37.61	0.00	33.16	53.14	43.65	37.72	34.53	45.94	37.38	33.15	30.13
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,719	1,682	1,679	1,716	1,687	1,648	1,660	1,766	1,738	1,753	1,770
Invested Capital Turnover	1.86	3.12	1.68	1.61	1.72	1.75	1.76	1.69	1.68	1.66	1.58
Increase / (Decrease) in Invested Capital	475	1,682	288	48	-32	-34	-19	50	51	105	109
Enterprise Value (EV)	5,609	4,113	5,168	6,114	5,913	7,535	7,264	6,484	5,981	6,202	5,663
Market Capitalization	5,309	3,932	5,048	6,017	5,884	7,552	7,273	6,410	5,984	6,187	5,624
Book Value per Share	$19.68	$20.82	$21.59	$22.47	$23.15	$23.93	$23.79	$24.28	$25.03	$24.99	$24.73
Tangible Book Value per Share	$18.86	$20.00	$20.77	$21.67	$22.37	$23.14	$23.01	$23.52	$24.31	$24.28	$24.23
Total Capital	1,796	1,849	1,904	1,964	2,005	2,013	2,019	2,040	2,090	2,087	2,079
Total Debt	377	347	347	347	347	347	348	348	348	348	348
Total Long-Term Debt	377	347	347	347	347	347	348	348	348	348	348
Net Debt	300	181	120	97	29	-17	-9.00	74	-3.00	15	39
Capital Expenditures (CapEx)	154	40	-16	41	36	44	61	64	68	84	75
Debt-free, Cash-free Net Working Capital (DFCFNWC)	333	319	297	344	305	236	216	306	247	252	226
Debt-free Net Working Capital (DFNWC)	404	479	519	588	622	582	556	562	580	568	518
Net Working Capital (NWC)	404	479	519	588	622	582	556	562	580	568	518
Net Nonoperating Expense (NNE)	27	-1.28	18	-3.17	-17	2.39	-7.29	2.10	5.18	0.00	1.70
Net Nonoperating Obligations (NNO)	300	180	122	99	29	-18	-11	74	-4.00	14	39
Total Depreciation and Amortization (D&A)	29	30	32	31	31	31	33	35	35	36	39
Debt-free, Cash-free Net Working Capital to Revenue	12.10%	12.14%	11.51%	12.64%	10.43%	8.09%	7.34%	10.40%	8.57%	8.93%	8.35%
Debt-free Net Working Capital to Revenue	14.68%	18.23%	20.11%	21.61%	21.27%	19.95%	18.91%	19.11%	20.12%	20.12%	19.13%
Net Working Capital to Revenue	14.68%	18.23%	20.11%	21.61%	21.27%	19.95%	18.91%	19.11%	20.12%	20.12%	19.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.28)	$1.63	$0.83	$1.49	$2.23	$1.28	$0.91	$1.30	$0.77	$0.13	($0.11)
Adjusted Weighted Average Basic Shares Outstanding	72M	72M	72M	72M	72M	70M	71M	70M	70M	70M	70M
Adjusted Diluted Earnings per Share	($0.28)	$1.63	$0.82	$1.48	$2.23	$1.28	$0.90	$1.30	$0.77	$0.13	($0.12)
Adjusted Weighted Average Diluted Shares Outstanding	72M	72M	72M	72M	72M	71M	71M	70M	70M	70M	70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	72.11M	72.11M	72.25M	71.67M	70.28M	70.24M	69.69M	69.59M	69.64M	69.64M	69.83M
Normalized Net Operating Profit after Tax (NOPAT)	22	117	77	105	143	92	55	93	72	16	-6.30
Normalized NOPAT Margin	3.67%	16.13%	11.75%	14.48%	17.55%	12.80%	8.03%	12.86%	9.50%	2.34%	-1.11%
Pre Tax Income Margin	-0.16%	21.98%	10.03%	20.44%	24.69%	15.65%	12.48%	16.02%	9.67%	2.71%	-2.12%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	40.25	15.25	36.50	49.75	28.00	41.00	38.33	18.25	4.25	-2.75
NOPAT to Interest Expense	1.87	29.18	19.33	26.21	35.71	23.10	27.35	31.03	14.79	2.25	-1.58
EBIT Less CapEx to Interest Expense	-51.33	30.25	19.25	26.25	40.75	17.00	10.50	17.00	1.25	-16.75	-21.50
NOPAT Less CapEx to Interest Expense	-49.47	19.18	23.33	15.96	26.71	12.10	-3.15	9.70	-2.21	-18.75	-20.33
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	31.02%	62.96%	38.76%	26.89%	15.96%	17.51%	17.62%	18.61%	25.59%	35.19%	53.42%
Augmented Payout Ratio	181.48%	62.96%	38.76%	31.82%	41.80%	62.59%	68.10%	83.13%	78.79%	74.54%	95.21%

Financials Breakdown Chart

Key Financial Trends

Louisiana-Pacific (LPX) showed a mix of cash generation strength and earnings pressure in 2025, continuing a multi-year pattern of cyclic revenue and margin swings. Over the four-year window, LPX has demonstrated solid cash flow in many quarters even as top-line growth and profitability faced headwinds in parts of 2024–2025.

All four 2025 quarters produced positive net cash from continuing operating activities, with notable strengths such as 160 million in Q2 2025 and 91 million in Q3 2025, indicating ongoing cash generation despite earnings volatility.
Dividends per share remained steady at 0.28 through most of 2025, providing reliable income to shareholders (with a baseline of 0.26 in early 2025 and 0.28 in the remaining quarters).
2025 liquidity remained solid, with cash and equivalents around the mid-300s of millions (for example, about 316 million in Q3 2025 and 333 million in Q2 2025), signaling liquidity resilience.
Early-2025 results show meaningful quarterly earnings, with net income from continuing operations of 90 million in Q1 2025 and 54 million in Q2 2025, before a softer late-year finish.
Revenue in Q4 2025 declined to 566 million from 681 million in Q4 2024, and 2025 quarterly revenue trended lower versus the prior year, highlighting cyclicality and near-term headwinds.
Gross margin compressed in Q4 2025 to about 15%, down from roughly the mid-20s to high-20s seen in 2024, signaling margin pressure in the latest quarter.
Long-term leverage remained relatively stable, with long-term debt around 347 million and total liabilities near 900+ million, indicating maintained capital structure levels.
Q4 2025 net income attributable to common shareholders was negative (-8 million), marking a quarterly loss after several profitable quarters in the year.
Total operating income in Q4 2025 was negative (-9 million), reflecting quarterly profitability deterioration even as cash flow remained positive.
Financing activities were negative for 2025 as a whole (financing cash outflows due to debt repayments, buybacks, and dividends across quarters), contributing to negative net cash from financing activities in several periods.

05/06/26 10:57 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Louisiana-Pacific's Financials

When does Louisiana-Pacific's financial year end?

According to the most recent income statement we have on file, Louisiana-Pacific's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

How has Louisiana-Pacific's net income changed over the last 10 years?

Louisiana-Pacific's net income appears to be on an upward trend, with a most recent value of $146 million in 2025, falling from -$88.10 million in 2015. The previous period was $420 million in 2024. See where experts think Louisiana-Pacific is headed by visiting Louisiana-Pacific's forecast page.

What is Louisiana-Pacific's operating income?

Louisiana-Pacific's total operating income in 2025 was $209 million, based on the following breakdown:

Total Gross Profit: $589 million
Total Operating Expenses: $380 million

How has Louisiana-Pacific's revenue changed over the last 10 years?

Over the last 10 years, Louisiana-Pacific's total revenue changed from $1.89 billion in 2015 to $2.71 billion in 2025, a change of 43.1%.

How much debt does Louisiana-Pacific have?

Louisiana-Pacific's total liabilities were at $896 million at the end of 2025, a 1.2% increase from 2024, and a 22.7% decrease since 2015.

How much cash does Louisiana-Pacific have?

In the past 10 years, Louisiana-Pacific's cash and equivalents has ranged from $181 million in 2019 to $928 million in 2017, and is currently $292 million as of their latest financial filing in 2025.

How has Louisiana-Pacific's book value per share changed over the last 10 years?

Over the last 10 years, Louisiana-Pacific's book value per share changed from 7.12 in 2015 to 24.73 in 2025, a change of 247.4%.

Related Companies

Financial statements for NYSE:LPX last updated on 2/22/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Louisiana-Pacific (LPX) Financials

Financials Breakdown Chart

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Louisiana-Pacific (LPX) Financials

Annual Income Statements for Louisiana-Pacific

Quarterly Income Statements for Louisiana-Pacific

Annual Cash Flow Statements for Louisiana-Pacific

Quarterly Cash Flow Statements for Louisiana-Pacific

Annual Balance Sheets for Louisiana-Pacific

Quarterly Balance Sheets for Louisiana-Pacific

Annual Metrics And Ratios for Louisiana-Pacific

Quarterly Metrics And Ratios for Louisiana-Pacific

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About Louisiana-Pacific's Financials

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