JELD-WEN (JELD)
Market Price (10/17/2026): $1.4 | Market Cap: $120.9 MilSector: Industrials | Industry: Building Products
JELD-WEN (JELD)
Market Price (10/17/2026): $1.4Market Cap: $120.9 MilSector: IndustrialsIndustry: Building Products
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, and Sustainable Resource Management. Themes include Energy Efficient Building Materials, and Green Building Materials. | Weak multi-year price returns2Y Excs Rtn is -125%, 3Y Excs Rtn is -168% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -56 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1.8% Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 1155% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -8.1%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%, Rev Chg QQuarterly Revenue Change % is -0.7% Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1.8%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.1% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -438% High stock price volatilityVol 12M is 105% Key risksJELD key risks include [1] declining profitability, Show more. |
| Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, and Sustainable Resource Management. Themes include Energy Efficient Building Materials, and Green Building Materials. |
| Weak multi-year price returns2Y Excs Rtn is -125%, 3Y Excs Rtn is -168% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -56 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -1.8% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 1155% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -8.1%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%, Rev Chg QQuarterly Revenue Change % is -0.7% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1.8%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -5.1% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -438% |
| High stock price volatilityVol 12M is 105% |
| Key risksJELD key risks include [1] declining profitability, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 10/13/2026
JELD-WEN (JELD) stock has lost about 10% since 6/30/2026 because of the following key factors:
1. Weakened Market Demand and Volume Decline Impacting Revenue. JELD-WEN reported a 0.7% year-over-year decrease in net revenues and a 2% decline in Core Revenues for fiscal Q2 2026, which ended June 27, 2026. This decline was primarily driven by a 3% decrease in volume/mix due to weakened market demand. The company's CEO noted that overall market volumes remained soft, directly impacting sales.
2. Persistent Inflation and Inability to Fully Offset Costs. The company faced significant cost pressures from "continued freight and material cost inflation," resulting in an approximate $50 million "price/cost" headwind for 2026. These rising costs exceeded the benefits from pricing actions, contributing to a negative 0.6% operating margin in fiscal Q2 2026, signaling difficulties in maintaining profitability despite some revenue.
Show more
JELD-WEN (JELD) stock has lost about 10% since 6/30/2026 because of the following key factors:
1. Weakened Market Demand and Volume Decline Impacting Revenue. JELD-WEN reported a 0.7% year-over-year decrease in net revenues and a 2% decline in Core Revenues for fiscal Q2 2026, which ended June 27, 2026. This decline was primarily driven by a 3% decrease in volume/mix due to weakened market demand. The company's CEO noted that overall market volumes remained soft, directly impacting sales.
2. Persistent Inflation and Inability to Fully Offset Costs. The company faced significant cost pressures from "continued freight and material cost inflation," resulting in an approximate $50 million "price/cost" headwind for 2026. These rising costs exceeded the benefits from pricing actions, contributing to a negative 0.6% operating margin in fiscal Q2 2026, signaling difficulties in maintaining profitability despite some revenue.
Show more
Updated on 10/13/2026
JELD-WEN (JELD) stock has lost about 10% since 6/30/2026 because of the following key factors:
1. Weakened Market Demand and Volume Decline Impacting Revenue. JELD-WEN reported a 0.7% year-over-year decrease in net revenues and a 2% decline in Core Revenues for fiscal Q2 2026, which ended June 27, 2026. This decline was primarily driven by a 3% decrease in volume/mix due to weakened market demand. The company's CEO noted that overall market volumes remained soft, directly impacting sales.
2. Persistent Inflation and Inability to Fully Offset Costs. The company faced significant cost pressures from "continued freight and material cost inflation," resulting in an approximate $50 million "price/cost" headwind for 2026. These rising costs exceeded the benefits from pricing actions, contributing to a negative 0.6% operating margin in fiscal Q2 2026, signaling difficulties in maintaining profitability despite some revenue.
3. Subdued U.S. Housing Market Conditions. The broader U.S. housing market experienced challenges during fiscal Q3 2026. Mortgage rates remained high, nearing 6.4% and even crossing 7% again, leading to historically weak home sales. Forecasts for U.S. home prices projected only a 1% rise over the next 12 months, while housing starts were expected to be flat or decline. Single-family and multifamily housing starts both saw declines in fiscal Q2 2026, reducing demand for JELD-WEN's building products.
4. Debt Restructuring and Liquidity Agreement. On September 29, 2026, JELD-WEN announced a comprehensive agreement to extend debt maturities and secure $135 million of incremental liquidity. While intended to strengthen the capital structure, this announcement may have raised investor concerns about underlying financial pressures and the company's need to address its near-term debt.
Show less
JELD-WEN (JELD) stock has lost about 10% since 6/30/2026 because of the following key factors:
1. Weakened Market Demand and Volume Decline Impacting Revenue. JELD-WEN reported a 0.7% year-over-year decrease in net revenues and a 2% decline in Core Revenues for fiscal Q2 2026, which ended June 27, 2026. This decline was primarily driven by a 3% decrease in volume/mix due to weakened market demand. The company's CEO noted that overall market volumes remained soft, directly impacting sales.
2. Persistent Inflation and Inability to Fully Offset Costs. The company faced significant cost pressures from "continued freight and material cost inflation," resulting in an approximate $50 million "price/cost" headwind for 2026. These rising costs exceeded the benefits from pricing actions, contributing to a negative 0.6% operating margin in fiscal Q2 2026, signaling difficulties in maintaining profitability despite some revenue.
3. Subdued U.S. Housing Market Conditions. The broader U.S. housing market experienced challenges during fiscal Q3 2026. Mortgage rates remained high, nearing 6.4% and even crossing 7% again, leading to historically weak home sales. Forecasts for U.S. home prices projected only a 1% rise over the next 12 months, while housing starts were expected to be flat or decline. Single-family and multifamily housing starts both saw declines in fiscal Q2 2026, reducing demand for JELD-WEN's building products.
4. Debt Restructuring and Liquidity Agreement. On September 29, 2026, JELD-WEN announced a comprehensive agreement to extend debt maturities and secure $135 million of incremental liquidity. While intended to strengthen the capital structure, this announcement may have raised investor concerns about underlying financial pressures and the company's need to address its near-term debt.
Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →
Stock Movement Drivers
Fundamental Drivers
The -8.0% change in JELD stock from 6/30/2026 to 10/16/2026 was primarily driven by a -7.2% change in the company's P/S Multiple.| (LTM values as of) | 6302026 | 10162026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.50 | 1.38 | -8.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,157 | 3,151 | -0.2% |
| P/S Multiple | 0.0 | 0.0 | -7.2% |
| Shares Outstanding (Mil) | 86 | 86 | -0.7% |
| Cumulative Contribution | -8.0% |
Market Drivers
6/30/2026 to 10/16/2026| Return | Correlation | |
|---|---|---|
| JELD | -8.0% | |
| Market (SPY) | 2.2% | 19.7% |
| Sector (XLI) | -9.4% | 13.9% |
Fundamental Drivers
The 11.3% change in JELD stock from 3/31/2026 to 10/16/2026 was primarily driven by a 14.6% change in the company's P/S Multiple.| (LTM values as of) | 3312026 | 10162026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.24 | 1.38 | 11.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,211 | 3,151 | -1.9% |
| P/S Multiple | 0.0 | 0.0 | 14.6% |
| Shares Outstanding (Mil) | 85 | 86 | -1.1% |
| Cumulative Contribution | 11.3% |
Market Drivers
3/31/2026 to 10/16/2026| Return | Correlation | |
|---|---|---|
| JELD | 11.3% | |
| Market (SPY) | 17.7% | 32.6% |
| Sector (XLI) | 4.0% | 26.5% |
Fundamental Drivers
The -71.9% change in JELD stock from 9/30/2025 to 10/16/2026 was primarily driven by a -69.0% change in the company's P/S Multiple.| (LTM values as of) | 9302025 | 10162026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.91 | 1.38 | -71.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,430 | 3,151 | -8.1% |
| P/S Multiple | 0.1 | 0.0 | -69.0% |
| Shares Outstanding (Mil) | 85 | 86 | -1.3% |
| Cumulative Contribution | -71.9% |
Market Drivers
9/30/2025 to 10/16/2026| Return | Correlation | |
|---|---|---|
| JELD | -71.9% | |
| Market (SPY) | 15.5% | 34.8% |
| Sector (XLI) | 9.7% | 32.6% |
Fundamental Drivers
The -89.7% change in JELD stock from 9/30/2023 to 10/16/2026 was primarily driven by a -84.9% change in the company's P/S Multiple.| (LTM values as of) | 9302023 | 10162026 | Change |
|---|---|---|---|
| Stock Price ($) | 13.36 | 1.38 | -89.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,525 | 3,151 | -30.4% |
| P/S Multiple | 0.3 | 0.0 | -84.9% |
| Shares Outstanding (Mil) | 85 | 86 | -1.6% |
| Cumulative Contribution | -89.7% |
Market Drivers
9/30/2023 to 10/16/2026| Return | Correlation | |
|---|---|---|
| JELD | -89.7% | |
| Market (SPY) | 84.7% | 28.3% |
| Sector (XLI) | 72.1% | 33.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| JELD Return | 4% | -63% | 96% | -57% | -70% | -45% | -95% |
| Peers Return | 51% | -22% | 75% | -1% | -23% | -12% | 37% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 14% | 108% |
Monthly Win Rates [3] | |||||||
| JELD Win Rate | 58% | 25% | 67% | 25% | 42% | 40% | |
| Peers Win Rate | 58% | 42% | 58% | 57% | 42% | 42% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| JELD Max Drawdown | -25% | -69% | -40% | -62% | -82% | -70% | |
| Peers Max Drawdown | -21% | -37% | -25% | -24% | -37% | -40% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: OC, FBIN, BLDR, UFPI, MAS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/16/2026 (YTD)
How Low Can It Go
| Event | JELD | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -43.1% | -18.8% |
| % Gain to Breakeven | 75.9% | 23.1% |
| Time to Breakeven | 82 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -36.2% | -9.5% |
| % Gain to Breakeven | 56.7% | 10.5% |
| Time to Breakeven | 49 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -15.6% | -6.7% |
| % Gain to Breakeven | 18.5% | 7.1% |
| Time to Breakeven | 33 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -67.1% | -33.7% |
| % Gain to Breakeven | 203.6% | 50.9% |
| Time to Breakeven | 140 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -45.4% | -19.2% |
| % Gain to Breakeven | 83.3% | 23.8% |
| Time to Breakeven | 378 days | 105 days |
In The Past
JELD-WEN's stock fell -43.1% during the 2025 US Tariff Shock. Such a loss loss requires a 75.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | JELD | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -43.1% | -18.8% |
| % Gain to Breakeven | 75.9% | 23.1% |
| Time to Breakeven | 82 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -36.2% | -9.5% |
| % Gain to Breakeven | 56.7% | 10.5% |
| Time to Breakeven | 49 days | 24 days |
| 2020 COVID-19 Crash | ||
| % Loss | -67.1% | -33.7% |
| % Gain to Breakeven | 203.6% | 50.9% |
| Time to Breakeven | 140 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -45.4% | -19.2% |
| % Gain to Breakeven | 83.3% | 23.8% |
| Time to Breakeven | 378 days | 105 days |
In The Past
JELD-WEN's stock fell -43.1% during the 2025 US Tariff Shock. Such a loss loss requires a 75.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About JELD-WEN (JELD)
JELD-WEN Holding, Inc. is a global manufacturer and seller of a diverse range of doors and windows. The company's core business revolves around designing, manufacturing, and distributing residential interior and exterior door products, which include specialized offerings like patio doors and advanced folding or sliding wall systems. Beyond residential applications, JELD-WEN also produces doors for non-residential use and offers windows crafted from various materials such as wood, vinyl, aluminum, and wood composites.
In addition to its primary door and window lines, JELD-WEN provides an array of ancillary products and services. These supplementary offerings expand its product portfolio to include items like shower enclosures, wardrobes, moldings, trim boards, lumber, glass, staircases, and essential hardware and locks. The company also manufactures molded door skins and offers miscellaneous installation and other related services, providing comprehensive solutions for its clients.
JELD-WEN markets its products under several recognized brands, including JELD-WEN, Swedoor, DANA, Corinthian, and LaCantina, serving a broad customer base primarily across North America, Europe, and Australasia. Its distribution channels reach wholesale distributors and retailers, as well as directly serving individual contractors and consumers, catering to both new construction and renovation markets.
AI Analysis | Feedback
Here are 1-3 brief analogies to describe JELD-WEN:
- Like Owens Corning for doors and windows, as JELD-WEN is a major manufacturer of essential building components.
- A manufacturer of essential home infrastructure, similar to how Kohler manufactures fixtures and fittings, but JELD-WEN focuses on doors and windows.
- The 'Whirlpool' of architectural openings, manufacturing essential items like doors and windows for homes and buildings.
AI Analysis | Feedback
- Residential and Non-Residential Doors: The company offers a line of residential interior and exterior door products, including patio doors and folding or sliding wall systems, as well as non-residential doors.
- Windows: JELD-WEN manufactures and sells windows made from wood, vinyl, aluminum, and wood composite materials.
- Shower Enclosures and Wardrobes: These are ancillary finished products for bathrooms and storage solutions.
- Moldings and Trim Boards: Building components used for decorative and functional finishing.
- Lumber and Cutstocks: Raw or pre-cut wood materials supplied for construction and manufacturing.
- Glasses: Glass components used in their products or for other applications.
- Staircases: Structural components for residential and commercial buildings.
- Hardware and Locks: Accessories essential for securing and operating doors, windows, and cabinets.
- Cabinets: Storage furniture offered for various applications.
- Screens: Mesh barriers designed for windows and doors.
- Molded Door Skins: Components used in the manufacturing of doors.
- Installation and Other Services: Miscellaneous services provided, likely related to the installation or support of their products.
AI Analysis | Feedback
null
AI Analysis | Feedback
null
AI Analysis | Feedback
William (Bill) Christensen
Chief Executive Officer
Bill Christensen joined JELD-WEN in April 2022 as Executive Vice President and President, Europe, before being named Chief Executive Officer in December 2022. He possesses over 25 years of multinational business leadership experience, with a background in driving business and cultural transformations within the manufacturing sector. Prior to JELD-WEN, he served as CEO and group executive board chair at REHAU AG from 2018 to 2021, where he orchestrated a multi-million-dollar transformation that involved restructuring, divesting non-core businesses, and optimizing production assets. Before REHAU AG, he was the CEO of AFG Holding, a Swiss-based global building products manufacturer, from 2014 to 2015. He also spent a decade at Geberit International AG, holding various executive positions, including group executive board member and head of international sales, and president and CEO of The Chicago Faucets Company. His career began at J.P. Morgan Securities.
Samantha L. Stoddard
Executive Vice President, Chief Financial Officer
Samantha L. Stoddard is set to become JELD-WEN's Executive Vice President and Chief Financial Officer, effective July 1, 2024. She joined JELD-WEN in 2020 as Vice President of Finance for North America operations. Before her tenure at JELD-WEN, Stoddard was the CFO for the personal protection equipment business unit at Honeywell. Her extensive finance career also includes executive roles at Industrial Timber, LLC, TEOCO, Penson Financial Services, Inc., and Flagship Capital Partners, LLC.
Jas Hayes
Executive Vice President, General Counsel and Corporate Secretary
Jas Hayes joined JELD-WEN in 2018 as Vice President, Deputy General Counsel, and advanced to Senior Vice President, Deputy General Counsel and Corporate Secretary in 2022, before assuming his current role in 2023. He brings over 20 years of legal experience as in-house counsel for publicly traded global companies. Before JELD-WEN, he worked at Axalta Coating Systems as Assistant General Counsel for corporate and global operations and served as the North America General Counsel and Chief Compliance Officer. He also spent 11 years at Ricoh USA, Inc. (formerly IKON Office Solutions), where he ultimately served as Vice President and Associate General Counsel. Hayes began his legal career at the law firm Morgan Lewis & Bockius and served for more than eight years in the Pennsylvania Army National Guard.
Rachael B. Elliott
Executive Vice President, JELD-WEN North America
Rachael B. Elliott is appointed as the Executive Vice President for JELD-WEN North America, with her role effective starting October 20, 2025. She brings more than two decades of leadership experience across manufacturing, e-commerce, and supply chain management. Prior to joining JELD-WEN, she served as the Senior Vice President of Manufacturing Operations at Ashley Furniture Industries. Her career also includes various leadership positions at Masonite, Amazon, Walmart, Boral Industries, Georgia Pacific Corporation, and the United States Government.
Wendy Livingston
Executive Vice President, Chief Human Resources Officer
Wendy Livingston became JELD-WEN's Executive Vice President and Chief Human Resources Officer in June 2023. Before joining JELD-WEN, she held the position of Chief People Officer at Spreetail, a privately held multinational e-commerce company. Prior to Spreetail, Livingston was the Senior Vice President and Chief Human Resources Officer at Harsco, a publicly traded environmental services company. She also had a significant tenure of over 20 years at The Boeing Company, where she held various roles of increasing responsibility, including Vice President, Corporate Human Resources, and Vice President, Talent & Leadership Development, having started her career in finance at Boeing.
AI Analysis | Feedback
The key risks to JELD-WEN's business include:
- Macroeconomic Weakness and Demand Volatility: JELD-WEN's performance is significantly impacted by economic downturns, elevated interest rates, and declining consumer confidence, which directly reduce demand for new construction and repair/remodel projects. This has led to substantial revenue declines and net losses for the company.
- High Debt Burden and Financial Performance: The company is facing significant financial challenges, including a high debt-to-equity ratio and consistent net losses, indicating a high level of leverage and financial instability.
- Raw Material and Energy Cost Volatility & Supply Chain Disruptions: JELD-WEN is exposed to increased costs for labor, raw materials, and energy, alongside potential supply chain disruptions. These factors directly affect the company's operational efficiency and profitability.
AI Analysis | Feedback
null
AI Analysis | Feedback
JELD-WEN Holding, Inc. operates in the doors and windows markets across North America, Europe, and Australasia. The addressable market sizes for their main products and services in these regions are as follows:
North America
- The North American doors market was valued at approximately USD 41.01 billion in 2025.
- Specifically, the North America residential door market was valued at USD 10.11 billion in 2025.
- The U.S. commercial doors market was valued at USD 9.73 billion in 2023.
- For windows and doors combined, the North America market size was estimated at USD 64.08 billion in 2023 and is projected to reach USD 83.22 billion by 2029.
- The North America energy-efficient windows market was estimated at USD 9.5 billion in 2024.
- The North America vinyl windows market was valued at USD 9.56 billion in 2024.
Europe
- The European doors market was valued at approximately US$ 33.85 billion in 2023. It is projected to reach US$ 44.61 billion by 2032.
- The European interior doors market was valued at USD 7.27 billion in 2024. Another estimate places the Europe interior doors market at $12.6 billion in 2020, expected to reach $19.4 billion by 2030.
- The Europe windows and doors market size was calculated to be USD 59.09 billion in 2024 and is anticipated to be worth USD 82.15 billion by 2033.
- The Europe vinyl windows market was valued at USD 7.72 billion in 2024.
Australasia (Australia)
- The Australia doors market size reached USD 3.0 billion in 2024 and is expected to reach USD 4.8 billion by 2033.
- The Australia doors and windows market size is valued at AUD 5.73 billion in 2024 (or AUD 5.73 billion in 2025) and is projected to grow to AUD 8.90 billion by 2034. Another estimate values the market at AUD 5.99 billion in 2025, projected to reach AUD 9.30 billion by 2035.
AI Analysis | Feedback
JELD-WEN Holding, Inc. (JELD) anticipates several key drivers for future revenue growth over the next 2-3 years, despite facing near-term market headwinds. These drivers primarily hinge on a recovery in its core markets and the successful execution of its strategic initiatives:
- Recovery in Residential Construction and Repair & Remodeling Markets: JELD-WEN's long-term outlook remains positive for the underlying fundamentals of the North American and European housing markets. A rebound in new residential construction and repair and remodeling activities in these regions is expected to be a primary driver of increased demand for the company's doors and windows, leading to future revenue growth.
- Strategic Transformation and Operational Improvements: The company is actively engaged in a "transformation journey" focused on enhancing operational efficiency, streamlining its manufacturing footprint, and reducing costs. These strategic actions are designed to improve JELD-WEN's financial performance and strengthen its market position, enabling it to capitalize on improved market conditions and drive future revenue growth.
- Disciplined Pricing Strategies: JELD-WEN has historically demonstrated an ability to achieve positive price realization in certain segments, such as in Europe and North America in 2023. The company emphasizes a disciplined approach to pricing, even amid soft demand, which is expected to continue contributing to revenue management and growth as market conditions improve.
- Potential Benefits from Strategic Portfolio Review: JELD-WEN is undertaking a strategic review of its European segment. While the immediate impact and specific outcomes are not yet fully defined, such a review could lead to strategic adjustments, investments, or divestitures that ultimately optimize the company's portfolio, unlock new growth opportunities, or enhance the overall revenue contribution from its international operations.
AI Analysis | Feedback
Share Repurchases
- JELD-WEN announced its intention to repurchase 800,000 shares of its common stock in March 2021, in connection with a secondary offering by selling shareholders.
- In August 2021, the company announced its intent to repurchase approximately $200,000,000 of its common stock as part of a secondary offering by selling shareholders.
Share Issuance
- In March 2021, selling shareholders offered 7,000,000 shares of JELD-WEN's common stock, but JELD-WEN was not selling any shares and did not receive any proceeds from this offering.
- In August 2021, selling shareholders offered 14,883,094 shares of JELD-WEN's common stock for sale; the company did not sell any shares and did not receive proceeds from this offering.
Outbound Investments
- In January 2025, JELD-WEN completed the court-ordered divestiture of its Towanda, Pennsylvania facility to Woodgrain Inc. for approximately $115 million.
- In November 2025, JELD-WEN initiated a comprehensive review of strategic alternatives for its Europe business, which constituted approximately 28% of its global revenue in 2024.
Capital Expenditures
- Capital expenditures in the year ended December 31, 2025, decreased to $135.9 million from $173.7 million in the year ended December 31, 2024.
- For the full year 2026, JELD-WEN expects capital expenditures to be approximately $100 million.
- The focus of capital expenditures includes embedding a new operating system across North America and driving sustainable execution improvements.
Peer Outperformance in Building Products
JELD has trailed 100% of its 32 Building Products peers over 5Y. Among the peers that beat it are WOR, UFPI and BLDR. Building Products ranks 10th of 23 industries in Industrials by median 5Y return.
Share of Building Products constituents that JELD has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
3%
of 36 industry peers · -70.1% return
3Y
0%
of 34 industry peers · -88.6% return
5Y
0%
of 32 industry peers · -94.7% return
Building Products peers with revenue growth within 4pp of JELD's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| JELD | JELD-WEN | -11.3% | -0.2x | -70.1% | -88.6% | -94.7% | — |
| WOR | Worthington Enterprises | -8.9% | 19.1x | 15.0% | 62.7% | 99.3% | +194pp |
| UFPI | UFP Industries | -8.2% | 16.9x | -12.2% | -18.9% | 11.0% | +106pp |
| BLDR | Builders FirstSource | -8.0% | 57.3x | -55.6% | -53.7% | -4.2% | +90pp |
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Industrials sector, ranked by 5Y. Building Products is JELD's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 30 | -2.7% | 102.0% | 168.1% | STRL 1737% · FIX 1727% · AGX 752% |
| Marine Transportation | 5 | 61.0% | 45.8% | 139.2% | MATX 202% · KEX 150% |
| Construction Machinery & Heavy Transportation Equipment | 13 | -5.2% | 45.5% | 88.5% | CAT 300% · ALSN 243% · WAB 221% |
| Aerospace & Defense | 51 | -10.7% | 55.6% | 66.8% | ATI 980% · FTAI 798% · HWM 616% |
| Trading Companies & Distributors | 19 | 7.9% | 29.2% | 43.3% | DXPE 445% · AIT 261% · URI 206% |
| Industrial Machinery & Supplies & Components | 72 | 8.8% | 45.0% | 38.8% | CRS 1086% · MLI 493% · SYM 293% |
| Rail Transportation | 7 | 29.0% | 61.8% | 37.4% | CSX 52% · UNP 44% · NSC 32% |
| Diversified Support Services | 34 | 9.8% | 25.6% | 27.3% | CXW 226% · OPLN 136% · CACI 118% |
| Cargo Ground Transportation | 16 | 34.4% | 0.9% | 26.5% | XPO 282% · R 221% · ARCB 56% |
| Building Products ← | 33 | -10.5% | 8.3% | 18.9% | GFF 333% · TT 181% · JCI 125% |
| Electrical Components & Equipment | 38 | -11.7% | 54.1% | 12.4% | POWL 1905% · BE 947% · VRT 805% |
| Industrial Conglomerates | 17 | 11.5% | 2.3% | -3.8% | CSW 115% · DD 66% · CSL 62% |
| Environmental & Facilities Services | 30 | -31.7% | 21.5% | -11.3% | CECO 702% · GEO 245% · CLH 197% |
| Agricultural & Farm Machinery | 17 | 1.4% | -9.3% | -13.1% | DE 106% · TTC 12% · AGCO -6% |
| Research & Consulting Services | 13 | -2.1% | -20.1% | -15.3% | HURN 241% · FCN 3% · BAH 1% |
| Data Processing & Outsourced Services | 6 | -23.1% | -7.7% | -21.1% | EXLS 59% · BR 7% · G -19% |
| Office Services & Supplies | 9 | 16.9% | 18.5% | -23.0% | PBI 192% · TILE 144% · HNI 44% |
| Security & Alarm Services | 9 | -56.3% | 10.8% | -25.8% | BCO 79% |
| Passenger Ground Transportation | 3 | -24.0% | 55.5% | -28.3% | UBER 45% · CAR -28% · LYFT -67% |
| Air Freight & Logistics | 11 | -26.7% | -20.5% | -35.7% | EXPD 79% · FDX 77% · CHRW 66% |
| Passenger Airlines | 11 | -1.1% | 3.1% | -39.2% | LTM 2999% · UAL 100% · DAL 91% |
| Human Resource & Employment Services | 22 | 12.4% | -22.1% | -41.7% | ADP 52% · PAYX 9% · FA 3% |
| Airport Services | 4 | -71.0% | -70.1% | -82.1% | JOBY -46% |
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| JELD-WEN Earnings Notes | 12/16/2025 | |
| With JELD-WEN Stock Surging, Have You Considered The Downside? | 10/17/2025 | |
| JELD-WEN Stock Jumps 52% In A Month, Now Is Not The Time To Buy The Stock | 05/16/2025 | |
| JELD-WEN (JELD) Valuation Ratios Comparison | 05/15/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 63.77 |
| Mkt Cap | 5.3 |
| Rev LTM | 6,927 |
| Op Inc LTM | 521 |
| FCF LTM | 520 |
| FCF 3Y Avg | 710 |
| CFO LTM | 697 |
| CFO 3Y Avg | 894 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -6.0% |
| Rev Chg 3Y Avg | -5.2% |
| Rev Chg Q | -1.8% |
| QoQ Delta Rev Chg LTM | -0.5% |
| Op Inc Chg LTM | -27.0% |
| Op Inc Chg 3Y Avg | -15.6% |
| Op Mgn LTM | 8.8% |
| Op Mgn 3Y Avg | 11.2% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 9.6% |
| CFO/Rev 3Y Avg | 11.2% |
| FCF/Rev LTM | 6.8% |
| FCF/Rev 3Y Avg | 8.3% |
Price Behavior
Price Behavior
| Market Price | $1.38 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 01/27/2017 | |
| Distance from 52W High | -71.5% | |
| 50 Days | 200 Days | |
| DMA Price | $1.93 | $1.81 |
| DMA Trend | up | down |
| Distance from DMA | -28.7% | -23.8% |
| 3M | 1YR | |
| Volatility | 114.2% | 105.0% |
| Downside Capture | 286.89 | 393.40 |
| Upside Capture | 244.61 | 164.31 |
| Correlation (S&P 500) | 21.0% | 34.2% |
JELD Betas & Captures as of 9/30/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.29 | 3.90 | 2.35 | 3.04 | 2.88 | 1.51 |
| Up Beta | -9.75 | 3.24 | 2.92 | 3.19 | 3.44 | 1.45 |
| Down Beta | 8.56 | 6.94 | -0.13 | 4.00 | 3.63 | 1.31 |
| Up Capture | 161% | 517% | 357% | 408% | 215% | 110% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 6 | 17 | 25 | 57 | 103 | 334 |
| Down Capture | 537% | 231% | 191% | 216% | 178% | 112% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 15 | 22 | 34 | 63 | 135 | 398 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JELD | |
|---|---|---|---|---|
| JELD | -70.8% | 105.0% | -0.68 | - |
| Sector ETF (XLI) | 10.9% | 17.2% | 0.43 | 32.0% |
| Equity (SPY) | 15.8% | 12.7% | 0.86 | 34.3% |
| Gold (GLD) | -1.4% | 29.4% | -0.05 | 15.0% |
| Commodities (DBC) | 50.4% | 20.7% | 1.86 | -16.5% |
| Real Estate (VNQ) | 4.8% | 13.7% | 0.09 | 17.9% |
| Bitcoin (BTCUSD) | -25.9% | 43.6% | -0.57 | 10.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JELD | |
|---|---|---|---|---|
| JELD | -43.5% | 70.9% | -0.50 | - |
| Sector ETF (XLI) | 12.3% | 17.6% | 0.53 | 41.1% |
| Equity (SPY) | 13.2% | 17.1% | 0.59 | 37.1% |
| Gold (GLD) | 18.4% | 18.9% | 0.79 | 10.2% |
| Commodities (DBC) | 9.6% | 19.5% | 0.37 | -2.3% |
| Real Estate (VNQ) | 1.6% | 18.8% | -0.02 | 35.5% |
| Bitcoin (BTCUSD) | 8.8% | 51.8% | 0.35 | 17.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JELD | |
|---|---|---|---|---|
| JELD | -25.0% | 63.7% | -0.19 | - |
| Sector ETF (XLI) | 13.0% | 20.0% | 0.57 | 50.3% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 46.1% |
| Gold (GLD) | 12.3% | 16.4% | 0.61 | 9.1% |
| Commodities (DBC) | 8.1% | 18.1% | 0.36 | 10.3% |
| Real Estate (VNQ) | 5.2% | 20.7% | 0.21 | 43.1% |
| Bitcoin (BTCUSD) | 63.2% | 66.2% | 1.03 | 15.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 9/29/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/3/2026 | 25.7% | 29.9% | 50.7% |
| 5/4/2026 | 18.0% | 15.8% | 47.5% |
| 2/17/2026 | 17.1% | -3.3% | -37.1% |
| 11/3/2025 | -30.5% | -45.2% | -37.9% |
| 8/5/2025 | 19.4% | 20.7% | 39.2% |
| 5/5/2025 | -25.4% | -22.6% | -32.0% |
| 2/18/2025 | -23.3% | -34.0% | -29.2% |
| 11/4/2024 | -29.8% | -20.0% | -23.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 7 | 8 |
| # Negative | 16 | 17 | 16 |
| Median Positive | 17.4% | 14.9% | 29.9% |
| Median Negative | -7.4% | -8.6% | -15.2% |
| Max Positive | 25.7% | 29.9% | 50.7% |
| Max Negative | -30.5% | -45.2% | -37.9% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/3/2026 | 25.7% | 29.9% | 50.7% |
| 5/4/2026 | 18.0% | 15.8% | 47.5% |
| 2/17/2026 | 17.1% | -3.3% | -37.1% |
| 11/3/2025 | -30.5% | -45.2% | -37.9% |
| 8/5/2025 | 19.4% | 20.7% | 39.2% |
| 5/5/2025 | -25.4% | -22.6% | -32.0% |
| 2/18/2025 | -23.3% | -34.0% | -29.2% |
| 11/4/2024 | -29.8% | -20.0% | -23.1% |
| 8/5/2024 | -0.3% | -6.4% | -7.7% |
| 5/6/2024 | -24.7% | -22.2% | -20.4% |
| 2/20/2024 | -5.4% | -6.5% | -0.9% |
| 11/6/2023 | 17.7% | 14.9% | 36.8% |
| 8/7/2023 | -9.9% | -10.6% | -25.4% |
| 5/8/2023 | 14.2% | 14.1% | 23.1% |
| 2/21/2023 | 1.2% | 0.8% | -4.2% |
| 10/31/2022 | 2.4% | -8.6% | -2.9% |
| 8/1/2022 | -13.7% | -20.5% | -35.2% |
| 5/2/2022 | -8.4% | -11.2% | -9.4% |
| 2/22/2022 | -5.9% | -2.2% | -0.4% |
| 10/4/2021 | -3.7% | -1.6% | 5.9% |
| 8/2/2021 | -0.9% | 6.0% | 10.3% |
| 4/30/2021 | -6.4% | -3.9% | -10.1% |
| 2/16/2021 | -5.0% | -0.5% | -0.6% |
| 11/3/2020 | -2.9% | -6.2% | 4.7% |
| SUMMARY STATS | |||
| # Positive | 8 | 7 | 8 |
| # Negative | 16 | 17 | 16 |
| Median Positive | 17.4% | 14.9% | 29.9% |
| Median Negative | -7.4% | -8.6% | -15.2% |
| Max Positive | 25.7% | 29.9% | 50.7% |
| Max Negative | -30.5% | -45.2% | -37.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/04/2026 | 10-Q |
| 03/31/2026 | 05/05/2026 | 10-Q |
| 12/31/2025 | 02/23/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/20/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 02/20/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 02/21/2023 | 10-K |
| 09/30/2022 | 11/01/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/04/2026 | 10-Q |
| 03/31/2026 | 05/05/2026 | 10-Q |
| 12/31/2025 | 02/23/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/20/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 02/20/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/08/2023 | 10-Q |
| 03/31/2023 | 05/09/2023 | 10-Q |
| 12/31/2022 | 02/21/2023 | 10-K |
| 09/30/2022 | 11/01/2022 | 10-Q |
| 06/30/2022 | 08/01/2022 | 10-Q |
| 03/31/2022 | 05/02/2022 | 10-Q |
| 12/31/2021 | 02/22/2022 | 10-K |
| 09/30/2021 | 11/01/2021 | 10-Q |
| 06/30/2021 | 08/02/2021 | 10-Q |
| 03/31/2021 | 04/30/2021 | 10-Q |
| 12/31/2020 | 02/23/2021 | 10-K |
| 09/30/2020 | 11/03/2020 | 10-Q |
| 06/30/2020 | 08/05/2020 | 10-Q |
| 03/31/2020 | 05/06/2020 | 10-Q |
| 12/31/2019 | 02/24/2020 | 10-K |
| 09/30/2019 | 11/06/2019 | 10-Q |
Recent Forward Guidance
Updated 10/4/2026Latest: Q2 2026 Earnings Reported 8/3/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Operating Cash Flow | Reported | 10.00 Mil | -75.0% | Lowered | Guidance: 40.00 Mil for 2026 | |||
| 2026 Revenue | Reported | 3.10 Bil | 3.15 Bil | 3.20 Bil | 0.8% | Raised | Guidance: 3.12 Bil for 2026 | |
| 2026 Core Revenue Decline | Reported | -0.05 | -0.04 | -0.02 | 1.0% | Raised | Guidance: -0.05 for 2026 | |
| 2026 Adjusted EBITDA | Reported | 120.00 Mil | 135.00 Mil | 150.00 Mil | 8.0% | Raised | Guidance: 125.00 Mil for 2026 | |
Prior: Q1 2026 Earnings Reported 5/4/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Operating Cash Flow | Reported | 40.00 Mil | 0 | Affirmed | Guidance: 40.00 Mil for 2026 | |||
| 2026 Revenue | Reported | 3.05 Bil | 3.12 Bil | 3.20 Bil | 3.3% | Raised | Guidance: 3.02 Bil for 2026 | |
| 2026 Core Revenue Decline | Reported | -0.06 | -0.05 | -0.03 | 3.0% | Raised | Guidance: -0.08 for 2026 | |
| 2026 Adjusted EBITDA | Reported | 100.00 Mil | 125.00 Mil | 150.00 Mil | 0 | Affirmed | Guidance: 125.00 Mil for 2026 | |
Q4 2025 Earnings Reported 2/17/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Operating Cash Flow | Reported | 40.00 Mil | Higher New | Guidance: -45.00 Mil for 2025 | ||||
| 2026 Revenue | Reported | 2.95 Bil | 3.02 Bil | 3.10 Bil | -4.0% | Lower New | Guidance: 3.15 Bil for 2025 | |
| 2026 Core Revenue Decline | Reported | -0.1 | -0.08 | -0.05 | 4.0% | Higher New | Guidance: -0.12 for 2025 | |
| 2026 Adjusted EBITDA | Reported | 100.00 Mil | 125.00 Mil | 150.00 Mil | 11.1% | Higher New | Guidance: 112.50 Mil for 2025 | |
Q3 2025 Earnings Reported 11/3/2025
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2025 Operating Cash Flow | Reported | -45.00 Mil | Lowered | Guidance: -10.00 Mil for 2025 | ||||
| 2025 Workforce Reduction Costs | Reported | 10.00 Mil | 15.00 Mil | 20.00 Mil | ||||
| 2025 Revenue | Reported | 3.10 Bil | 3.15 Bil | 3.20 Bil | -4.5% | Lowered | Guidance: 3.30 Bil for 2025 | |
| 2025 Core Revenue Decline | Reported | -0.13 | -0.12 | -0.1 | -5.0% | Lowered | Guidance: -0.07 for 2025 | |
| 2025 Adjusted EBITDA | Reported | 105.00 Mil | 112.50 Mil | 120.00 Mil | -39.2% | Lowered | Guidance: 185.00 Mil for 2025 | |
Investor Activity (13F)
Updated Oct 17, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Building Products Resources |
| Building Design+Construction |
| Construction Dive |
| Architectural Record |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.
Core Cache Last Updated: 10/16/2026