Tearsheet

Louisiana-Pacific (LPX)


Market Price (12/27/2025): $83.0 | Market Cap: $5.8 Bil
Sector: Materials | Industry: Forest Products

Louisiana-Pacific (LPX)


Market Price (12/27/2025): $83.0
Market Cap: $5.8 Bil
Sector: Materials
Industry: Forest Products

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.0%
Weak multi-year price returns
2Y Excs Rtn is -26%, 3Y Excs Rtn is -38%
Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.3%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -8.8%, Rev Chg QQuarterly Revenue Change % is -8.2%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%
  Key risks
LPX key risks include [1] high sensitivity to volatile pricing for its key commodity, Show more.
2 Low stock price volatility
Vol 12M is 37%
  
3 Megatrend and thematic drivers
Megatrends include Sustainable Resource Management, and Sustainable & Green Buildings. Themes include Green Building Materials, Resource Efficiency Solutions, Show more.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.0%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%
2 Low stock price volatility
Vol 12M is 37%
3 Megatrend and thematic drivers
Megatrends include Sustainable Resource Management, and Sustainable & Green Buildings. Themes include Green Building Materials, Resource Efficiency Solutions, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -26%, 3Y Excs Rtn is -38%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.3%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -8.8%, Rev Chg QQuarterly Revenue Change % is -8.2%
6 Key risks
LPX key risks include [1] high sensitivity to volatile pricing for its key commodity, Show more.

Valuation, Metrics & Events

LPX Stock


Why The Stock Moved


Qualitative Assessment

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Here are key points explaining the movement of Louisiana-Pacific (LPX) stock for the approximate time period from August 31, 2025, to December 27, 2025:

<b>1. Lower-than-expected Q3 2025 Earnings</b><br><br>Louisiana-Pacific reported adjusted earnings per share (EPS) of $0.36 for the third quarter of 2025, falling short of analyst expectations of $0.42 per share. This significant miss contributed to negative investor sentiment.

<b>2. Revenue Miss and Consolidated Sales Decline</b><br><br>The company's Q3 2025 revenue of $663 million was below the analyst consensus estimate of approximately $671.6 million. Additionally, consolidated net sales decreased by 8% year-over-year.

<b>3. Weakness in the OSB Segment</b><br><br>Louisiana-Pacific's Oriented Strand Board (OSB) business experienced substantial headwinds in Q3 2025, with net income declining by 90% and adjusted EBITDA decreasing by 46% compared to the prior year. Projections indicated the OSB segment would generate negative Adjusted EBITDA for Q4 2025.

<b>4. Significant Drop in Net Income and Adjusted EBITDA</b><br><br>The company's net income for Q3 2025 was $9 million, a considerable reduction from $90 million in the previous year's third quarter. Adjusted EBITDA also saw a notable decrease of $71 million, bringing it to $82 million.

<b>5. CEO's Rule 10b5-1 Trading Plan</b><br><br>On August 27, 2025, Louisiana-Pacific's Chairman and CEO entered into a Rule 10b5-1 trading arrangement for the potential sale of up to 340,000 shares of common stock between December 1, 2025, and May 15, 2026. This transaction amount, exceeding $5 million, could be interpreted by the market as a lack of confidence in significant near-term upside by an insider.

Show more

Stock Movement Drivers

Fundamental Drivers

The -1.7% change in LPX stock from 9/26/2025 to 12/26/2025 was primarily driven by a -25.8% change in the company's Net Income Margin (%).
926202512262025Change
Stock Price ($)84.4182.97-1.70%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)2881.002822.00-2.05%
Net Income Margin (%)10.31%7.65%-25.75%
P/E Multiple19.8926.8935.16%
Shares Outstanding (Mil)70.0070.000.00%
Cumulative Contribution-1.70%

LTM = Last Twelve Months as of date shown

Market Drivers

9/26/2025 to 12/26/2025
ReturnCorrelation
LPX-1.7% 
Market (SPY)4.3%27.7%
Sector (XLB)3.8%38.5%

Fundamental Drivers

The -4.8% change in LPX stock from 6/27/2025 to 12/26/2025 was primarily driven by a -44.2% change in the company's Net Income Margin (%).
627202512262025Change
Stock Price ($)87.1482.97-4.79%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)2940.002822.00-4.01%
Net Income Margin (%)13.71%7.65%-44.16%
P/E Multiple15.1426.8977.64%
Shares Outstanding (Mil)70.0070.000.00%
Cumulative Contribution-4.79%

LTM = Last Twelve Months as of date shown

Market Drivers

6/27/2025 to 12/26/2025
ReturnCorrelation
LPX-4.8% 
Market (SPY)12.6%29.4%
Sector (XLB)5.4%54.8%

Fundamental Drivers

The -19.8% change in LPX stock from 12/26/2024 to 12/26/2025 was primarily driven by a -46.4% change in the company's Net Income Margin (%).
1226202412262025Change
Stock Price ($)103.4982.97-19.83%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)2918.002822.00-3.29%
Net Income Margin (%)14.29%7.65%-46.44%
P/E Multiple17.3726.8954.77%
Shares Outstanding (Mil)70.0070.000.00%
Cumulative Contribution-19.83%

LTM = Last Twelve Months as of date shown

Market Drivers

12/26/2024 to 12/26/2025
ReturnCorrelation
LPX-19.8% 
Market (SPY)15.8%50.9%
Sector (XLB)9.6%62.3%

Fundamental Drivers

The 43.2% change in LPX stock from 12/27/2022 to 12/26/2025 was primarily driven by a 707.5% change in the company's P/E Multiple.
1227202212262025Change
Stock Price ($)57.9682.9743.16%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)3984.002822.00-29.17%
Net Income Margin (%)32.33%7.65%-76.32%
P/E Multiple3.3326.89707.51%
Shares Outstanding (Mil)74.0070.005.41%
Cumulative Contribution42.74%

LTM = Last Twelve Months as of date shown

Market Drivers

12/27/2023 to 12/26/2025
ReturnCorrelation
LPX18.3% 
Market (SPY)48.0%43.4%
Sector (XLB)10.5%52.2%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
LPX Return28%113%-23%22%48%-19%203%
Peers Return16%38%-12%21%26%16%150%
S&P 500 Return16%27%-19%24%23%18%114%

Monthly Win Rates [3]
LPX Win Rate67%67%50%50%50%42% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
LPX Max Drawdown-53%-1%-38%-14%-8%-27% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See LPX Returns vs. Peers.
[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] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

Unique KeyEventLPXS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-38.6%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven63.0%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven541 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-59.4%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven146.6%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven230 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-35.4%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven54.7%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven393 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-94.9%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven1860.5%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven2,899 days1,480 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

Louisiana-Pacific's stock fell -38.6% during the 2022 Inflation Shock from a high on 12/27/2021. A -38.6% loss requires a 63.0% gain to breakeven.

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Asset Allocation

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About Louisiana-Pacific (LPX)

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and markets building products primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through four segments: Siding; Oriented Strand Board (OSB); Engineered Wood Products (EWP); and South America. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products. The OSB segment manufactures and distributes OSB structural panel products comprising LP TechShield radiant barriers, LP WeatherLogic air and water barriers, LP Legacy premium sub-flooring products, LP FlameBlock fire-rated sheathing products, and LP TopNotch sub-flooring products. The EWP segment provides laminated veneer lumber and other related products; and LP SolidStart I-joists, which are primarily used in residential and commercial floorings, roofing systems, and other structural applications. The South America segment manufactures and distributes OSB structural panel and siding products. This segment also distributes and sells related products for the region's transition to wood frame construction. It also offers timber and timberlands and other products and services. The company sells its products primarily to retailers, wholesalers, and homebuilding and industrial businesses in North America and South America, Asia, Australia, and Europe. Louisiana-Pacific Corporation was incorporated in 1972 and is headquartered in Nashville, Tennessee.

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Here are 1-3 brief analogies for Louisiana-Pacific (LPX):

  • The Intel of home building materials.
  • The Weyerhaeuser of advanced wood panels and siding.

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  • Oriented Strand Board (OSB): A highly engineered, strong, and durable wood structural panel used in various building applications for walls, roofs, and floors.
  • LP SmartSide Siding: An advanced line of engineered wood siding products offering the beauty of traditional wood combined with enhanced durability and impact resistance.
  • LP Structural Solutions: A suite of engineered wood products, including I-Joists and Laminated Veneer Lumber (LVL), designed to provide strong, stable, and sustainable framing solutions for residential and commercial construction.
```

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Louisiana-Pacific (LPX) - Major Customers

Louisiana-Pacific (LPX) sells primarily to other companies. Its products, such as oriented strand board (OSB), siding, and other engineered wood products, are integral components in construction and are therefore purchased by businesses within the building materials supply chain.

Based on their distribution channels and the nature of their products, LPX's major customers fall into the following categories, with examples of public companies that are significant players in these segments:

  • Wholesale Distributors and Dealers: These companies buy building materials in large volumes from manufacturers like LPX and then sell them to smaller lumberyards, building contractors, and other retailers.
    • BlueLinx Holdings Inc. (BXC)
    • Other large, often regional, building material distributors (some of which are private)
  • Retail Building Materials Chains: Large home improvement retailers that cater to both professional contractors and individual do-it-yourself (DIY) customers.
    • The Home Depot, Inc. (HD)
    • Lowe's Companies, Inc. (LOW)
  • Homebuilding and Manufactured Housing Companies: Companies that directly utilize LPX's products in the construction of new residential homes and prefabricated or modular housing units. Specific public examples as *major direct customers* are not usually disclosed by LPX, but this category represents a significant end-user segment for their products, often reached through the distributors and dealers listed above.

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W. Bradley Southern, Chairman and Chief Executive Officer

Mr. Southern has served as Chief Executive Officer of Louisiana-Pacific since July 2017 and was appointed Chairman in May 2020. He joined LP in 1999 and has held various key leadership roles, including Executive Vice President and Chief Operating Officer from 2016 to 2017, Executive Vice President and General Manager of the Oriented Strand Board (OSB) business from 2015 to 2016, and Senior Vice President and General Manager of the Siding business from 2012 to 2015. Mr. Southern began his career as a forester with MacMillan Bloedel.

Alan Haughie, Executive Vice President and Chief Financial Officer

Mr. Haughie was appointed Executive Vice President and Chief Financial Officer of Louisiana-Pacific in January 2019. Before joining LP, he served as Senior Vice President and Chief Financial Officer of ServiceMaster Global Holdings Inc. from 2013 to 2017, where he was instrumental in the company's initial public offering and a $2.4 billion debt refinancing. Prior to ServiceMaster, Mr. Haughie spent nearly two decades at Federal-Mogul Corporation, holding various positions including Senior Vice President and Chief Financial Officer, Controller, Chief Accounting Officer, and Director of Financial Planning and Analysis.

Jason Ringblom, President

Mr. Ringblom was appointed President of Louisiana-Pacific, effective April 7, 2025, and is slated to succeed W. Bradley Southern as Chief Executive Officer on February 19, 2026. He joined LP in 2004 and has a rich history with the company, having served in multiple leadership capacities including Executive Vice President and General Manager of both the OSB and Siding divisions. His expertise spans sales, marketing, and operations.

Robin Everhart, Senior Vice President, Chief Human Resources and Transformation Officer

Ms. Everhart was named Senior Vice President, Chief Human Resources and Transformation Officer of Louisiana-Pacific in April 2019. In this role, she leads LP's global human resources strategy, driving organizational effectiveness and transformational change. Her background includes a variety of executive and leadership roles within Fortune 500 companies such as Cintas Corporation, The Home Depot, and Winn-Dixie Stores, Inc.

Leslie Davis, Vice President, Controller and Chief Accounting Officer

Ms. Davis has served as Vice President, Controller and Chief Accounting Officer of Louisiana-Pacific since 2024. Prior to her current role, she was the Assistant Controller for the company.

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The key risks to Louisiana-Pacific (LPX) business are primarily linked to its exposure to cyclical economic factors and commodity markets:

  1. Economic Sensitivity and Housing Market Volatility: Louisiana-Pacific's financial performance is highly dependent on the overall health of the housing market and broader economic conditions. Factors such as interest rates, consumer confidence, and employment levels directly influence the demand for new home construction and repair and remodeling activities. Recent downturns in housing starts underscore the company's susceptibility to economic cycles.
  2. Commodity Market Volatility: A significant portion of LPX's products, particularly Oriented Strand Board (OSB), are commodities subject to volatile price fluctuations. OSB has historically accounted for a substantial share of the company's North American net sales, making LPX highly sensitive to changes in commodity pricing and market supply-demand dynamics over which it has limited control. This exposure can lead to unpredictable revenue streams and impact profitability.
  3. Supply Chain Risks: LPX faces risks related to its supply chain, including reliance on third-party vendors and suppliers for critical goods and services. The cost and availability of essential raw materials, such as wood fiber and resins, can also pose a threat to the company's operations and profitability.

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Louisiana-Pacific Corporation (LPX) primarily operates in the Oriented Strand Board (OSB) and Engineered Wood Siding markets, which are key components of the broader Engineered Wood Products market. The addressable market sizes for their main products and services are as follows:

Oriented Strand Board (OSB)

  • Globally, the Oriented Strand Board market was valued at approximately USD 24.2 billion in 2025 and is projected to reach USD 42.3 billion by 2035.
  • In North America, the OSB market was valued at USD 13.88 billion in 2023 and is expected to reach USD 19.92 billion by 2029. North America held a significant share, accounting for 70.2% of the global market in 2022.

Engineered Wood Siding

  • The global siding market, which includes engineered wood siding, was estimated at USD 116.02 billion in 2024 and is projected to grow to USD 196.78 billion by 2035.
  • North America is the largest market for siding, accounting for approximately 40% of the global share. The United States alone contributed an estimated USD 28.5 billion in revenue to the siding industry in 2024.

Overall Engineered Wood Products

  • The global engineered wood market was valued at USD 254.2 billion in 2023 and is projected to reach USD 427.3 billion by 2033. Other estimates place the global market at approximately USD 354.40 billion in 2023, with a projection to reach about USD 572 billion by 2032.
  • North America is expected to demonstrate the fastest growth within the engineered wood market.

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Louisiana-Pacific (LPX) is expected to drive future revenue growth over the next 2-3 years through several key strategies:

  1. Continued Volume and Price Growth in the Siding Segment: The Siding segment has been a consistent strong performer, with significant year-over-year increases in both net sales volume and average selling prices. For instance, in Q3 2024, Siding net sales increased by 22% due to 6% higher average selling prices and 15% volume growth. The company anticipates continued growth, projecting fourth-quarter 2024 Siding revenue growth between 9% and 10%, leading to approximately $1.55 billion in full-year sales and about 17% sales growth. Full-year 2024 siding net sales also surged by 17%.
  2. Expansion of the ExpertFinish Product Line: ExpertFinish, a premium Siding product, is a significant contributor to positive price/mix and has achieved record revenue and margin. Its continued growth, driven by higher volumes and efficiency improvements in dedicated pre-finishing facilities, is expected to enhance overall Siding revenue and profitability.
  3. Increased Siding Production Capacity and Demand Creation Initiatives: LP is actively investing in its Siding business to sustain its growth trajectory. The company plans significant capital expenditures to enhance its production capabilities and is focused on demand creation, indicating a proactive strategy to expand the market for its Siding products.
  4. Strategic Focus on Engineered Wood Products Beyond Traditional OSB: While Oriented Strand Board (OSB) sales can be subject to commodity price volatility, LP’s broader portfolio of "Structural Solutions" and other innovative engineered wood products positions the company to grow revenue through higher-value offerings. This strategic diversification helps mitigate the impact of OSB market fluctuations and focuses on products with more stable demand and pricing.

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Here is a summary of Louisiana-Pacific's capital allocation decisions over the last 3-5 years:

Share Repurchases

  • Louisiana-Pacific's buyback yield for fiscal years ending December 2020 to 2024 averaged 9.5%.
  • The company's buyback yield peaked in December 2022 at 21.2%.
  • As of Q3 2025 year-to-date, Louisiana-Pacific made $61 million in share repurchases.

Capital Expenditures

  • Capital expenditures for the full year 2025 are expected to total approximately $350 million. This figure was trimmed by $60 million, primarily due to lower spending on Oriented Strand Board (OSB).
  • In 2024, Louisiana-Pacific invested $183 million in capital expenditures.
  • During Q3 2025, $84 million in capital expenditures were invested to support the growth of ExpertFinish and Structural Solutions, as well as to ensure the safe and efficient operation of plants.

Better Bets than Louisiana-Pacific (LPX)

Trade Ideas

Select ideas related to LPX. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
DD_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025DDDuPont de NemoursDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
7.6%7.6%-0.2%
CF_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025CFCF IndustriesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-1.4%-1.4%-3.1%
HL_11212025_Quality_Momentum_RoomToRun_10%11212025HLHecla MiningQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
51.0%51.0%0.0%
CDE_11072025_Dip_Buyer_ValueBuy11072025CDECoeur MiningDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
30.6%30.6%-5.7%
ATR_10312025_Dip_Buyer_ValueBuy10312025ATRAptarGroupDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
6.2%6.2%-2.5%
LPX_10312018_Dip_Buyer_FCFYield10312018LPXLouisiana-PacificDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
15.0%37.3%-5.2%

Recent Active Movers

More From Trefis

Peer Comparisons for Louisiana-Pacific

Peers to compare with:

Financials

LPXHPQHPEIBMCSCOAAPLMedian
NameLouisian.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price82.9723.2624.49305.0978.16273.4080.56
Mkt Cap5.821.932.6284.9309.24,074.4158.8
Rev LTM2,82255,29534,29665,40257,696408,62556,496
Op Inc LTM3403,6241,64411,54412,991130,2147,584
FCF LTM1422,80062711,85412,73396,1847,327
FCF 3Y Avg1492,9781,40011,75313,879100,5037,366
CFO LTM4203,6972,91913,48313,744108,5658,590
CFO 3Y Avg4263,6723,89613,49814,736111,5598,697

Growth & Margins

LPXHPQHPEIBMCSCOAAPLMedian
NameLouisian.HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM-3.3%3.2%13.8%4.5%8.9%6.0%5.2%
Rev Chg 3Y Avg-8.8%-3.9%6.5%2.6%3.7%1.8%2.2%
Rev Chg Q-8.2%4.2%14.4%9.1%7.5%9.6%8.3%
QoQ Delta Rev Chg LTM-2.0%1.1%3.7%2.1%1.8%2.1%2.0%
Op Mgn LTM12.0%6.6%4.8%17.7%22.5%31.9%14.8%
Op Mgn 3Y Avg14.1%7.4%7.2%16.4%24.2%30.8%15.2%
QoQ Delta Op Mgn LTM-2.7%-0.2%-1.4%0.6%0.4%0.1%-0.1%
CFO/Rev LTM14.9%6.7%8.5%20.6%23.8%26.6%17.7%
CFO/Rev 3Y Avg15.0%6.8%12.7%21.4%26.1%28.4%18.2%
FCF/Rev LTM5.0%5.1%1.8%18.1%22.1%23.5%11.6%
FCF/Rev 3Y Avg4.9%5.5%4.6%18.6%24.6%25.6%12.1%

Valuation

LPXHPQHPEIBMCSCOAAPLMedian
NameLouisian.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap5.821.932.6284.9309.24,074.4158.8
P/S2.10.41.04.45.410.03.2
P/EBIT19.16.819.925.122.531.321.2
P/E26.98.6572.736.029.941.033.0
P/CFO13.85.911.221.122.537.517.5
Total Yield5.0%14.1%2.3%5.0%5.4%2.8%5.0%
Dividend Yield1.3%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg1.4%10.6%5.5%6.4%6.0%3.1%5.7%
D/E0.10.50.70.20.10.00.2
Net D/E0.00.30.60.20.00.00.1

Returns

LPXHPQHPEIBMCSCOAAPLMedian
NameLouisian.HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn1.8%-1.8%14.4%0.6%2.7%-1.5%1.2%
3M Rtn-1.7%-11.9%2.7%7.9%17.0%7.1%4.9%
6M Rtn-4.8%-4.0%34.5%6.6%15.2%36.3%10.9%
12M Rtn-19.8%-27.3%14.2%39.2%33.7%6.0%10.1%
3Y Rtn43.2%-3.8%67.7%139.0%79.5%113.4%73.6%
1M Excs Rtn-0.5%-5.6%12.9%-2.2%-0.0%-3.7%-1.3%
3M Excs Rtn-6.0%-16.2%-1.7%3.6%12.7%2.8%0.6%
6M Excs Rtn-17.0%-16.3%22.3%-5.7%3.0%24.0%-1.3%
12M Excs Rtn-35.2%-42.9%-0.7%25.0%19.9%-8.4%-4.6%
3Y Excs Rtn-38.0%-83.5%-11.2%59.6%-1.2%28.4%-6.2%

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Siding1,3281,4691,170959917
Oriented Strand Board (OSB)1,0262,0622,3871,220777
Louisiana-Pacific South America (LPSA)205241265169159
Other2284955266
Intersegment Sales -2-3-1-5
Engineered Wood Products (EWP)   389396
Total2,5813,8543,9142,7882,310


Assets by Segment
$ Mil20242023202220212020
Siding1,2911,045705521516
Oriented Strand Board (OSB)526491521511558
Other45574869037
Louisiana-Pacific South America (LPSA)165151118106109
Non-segment related 589608778469
Discontinued operations  156  
Engineered Wood Products (EWP)   81146
Total2,4372,3502,1942,0871,835


Price Behavior

Price Behavior
Market Price$82.97 
Market Cap ($ Bil)5.8 
First Trading Date01/04/1982 
Distance from 52W High-28.9% 
   50 Days200 Days
DMA Price$83.26$88.48
DMA Trenddowndown
Distance from DMA-0.3%-6.2%
 3M1YR
Volatility33.2%37.5%
Downside Capture71.21114.69
Upside Capture48.4076.17
Correlation (SPY)28.3%50.8%
LPX Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta0.650.690.861.081.011.11
Up Beta0.781.141.541.681.151.05
Down Beta0.751.150.690.800.820.98
Up Capture-2%3%19%61%63%148%
Bmk +ve Days13263974142427
Stock +ve Days9212959115364
Down Capture93%64%118%131%114%106%
Bmk -ve Days7162452107323
Stock -ve Days11213366133384

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of LPX With Other Asset Classes (Last 1Y)
 LPXSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-19.5%9.9%17.8%72.1%8.6%4.4%-8.3%
Annualized Volatility37.3%19.9%19.4%19.3%15.2%17.0%35.0%
Sharpe Ratio-0.510.360.722.700.340.09-0.08
Correlation With Other Assets 62.3%50.9%1.3%8.9%54.2%24.9%

ETFs used for asset classes: Sector ETF = XLB, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of LPX With Other Asset Classes (Last 5Y)
 LPXSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return17.9%7.2%14.7%18.7%11.5%4.6%30.8%
Annualized Volatility39.8%18.9%17.1%15.5%18.7%18.9%48.7%
Sharpe Ratio0.530.290.700.970.500.160.57
Correlation With Other Assets 59.3%54.5%8.1%13.4%50.1%25.0%

ETFs used for asset classes: Sector ETF = XLB, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of LPX With Other Asset Classes (Last 10Y)
 LPXSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return18.7%10.1%14.8%15.3%7.0%5.3%69.2%
Annualized Volatility40.3%20.7%18.0%14.7%17.6%20.8%55.8%
Sharpe Ratio0.560.440.710.860.320.220.90
Correlation With Other Assets 64.0%60.8%6.3%22.7%56.7%18.3%

ETFs used for asset classes: Sector ETF = XLB, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity4,738,378
Short Interest: % Change Since 113020259.2%
Average Daily Volume1,032,370
Days-to-Cover Short Interest4.59
Basic Shares Quantity70,000,000
Short % of Basic Shares6.8%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/5/2025-1.2%-0.0%8.6%
8/6/2025-0.8%10.2%6.5%
5/6/2025-0.8%3.9%2.6%
2/19/2025-0.6%-1.5%-7.7%
11/5/2024-0.3%3.9%10.8%
8/7/20240.9%-0.9%-2.6%
5/8/2024-1.3%4.4%2.4%
2/14/2024-0.1%0.8%12.3%
...
SUMMARY STATS   
# Positive81614
# Negative1579
Median Positive2.9%3.9%10.4%
Median Negative-1.2%-2.6%-7.0%
Max Positive8.3%10.2%31.4%
Max Negative-12.5%-11.0%-45.0%

SEC Filings

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Report DateFiling DateFiling
93020251105202510-Q 9/30/2025
6302025806202510-Q 6/30/2025
3312025506202510-Q 3/31/2025
12312024219202510-K 12/31/2024
93020241105202410-Q 9/30/2024
6302024807202410-Q 6/30/2024
3312024508202410-Q 3/31/2024
12312023214202410-K 12/31/2023
93020231101202310-Q 9/30/2023
6302023802202310-Q 6/30/2023
3312023503202310-Q 3/31/2023
12312022221202310-K 12/31/2022
93020221103202210-Q 9/30/2022
6302022809202210-Q 6/30/2022
3312022503202210-Q 3/31/2022
12312021222202210-K 12/31/2021