LPX Financials Louisiana-Pacific Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Nov 5, 2026, 11:22 UTC Overview →

Growth & profitability

Revenue has grown 2.5% per year over the past 5 years.
Net income has grown slower than revenue (-21.8% vs 2.5% per year).
Operating margin has contracted, at 7.7% in the latest year.
Free cash flow has declined 31.1% per year over the past 5 years.

Financial health

Total debt ($348M) exceeds cash ($292M); net debt is $56M.
Total debt has grown in line with revenue (0.0% vs 2.5% per year).
Operating income covered interest expense 12× in the latest year, down from 36× 5 years ago.
Total debt is 1.0× EBITDA.

Shareholder returns

Dividends have been paid for 8 consecutive years, consuming 53.4% of earnings and 85.7% of free cash flow.
The dividend has grown 3.7% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$2.7B	$146M	21.8%	7.7%	8.4%	5.6%	$91M	$348M	$292M
2024	$2.9B	$420M	28.3%	18.0%	25.1%	16.4%	$422M	$348M	$340M
2023	$2.6B	$178M	23.0%	11.1%	11.4%	7.3%	$16M	$347M	$222M
2022	$3.9B	$1.1B	38.9%	32.4%	75.8%	46.2%	$730M	$346M	$369M
2021	$3.9B	$1.4B	50.1%	44.3%	111.5%	62.8%	$1.2B	$346M	$358M
2020	$2.4B	$499M	34.7%	25.6%	40.4%	23.9%	$588M	$348M	$535M
2019	$2.3B	-$5M	13.1%	-0.9%	-0.5%	-0.3%	-$4M	$348M	$181M
2018	$2.8B	$395M	26.3%	18.6%	23.2%	15.7%	$297M	$352M	$878M
2017	$2.7B	$390M	26.9%	19.5%	24.3%	15.9%	$325M	$376M	$928M
2016	—	$150M	—	—	12.5%	7.4%	$218M	$377M	$659M
2015	—	-$88M	—	—	-8.7%	-4.0%	-$85M	$754M	$435M
2014	—	-$75M	—	—	-6.8%	-3.2%	-$133M	$762M	$533M
2013	—	$177M	—	—	14.4%	7.1%	$167M	$765M	$657M
2012	—	$29M	—	—	2.8%	1.2%	$81M	$881M	$561M
2011	—	-$181M	—	—	-18.1%	-8.5%	-$62M	$729M	$340M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$691M	$23M	16.5%	4.2%	1.3%	0.9%	$56M	—	$265M
Jun '26	$664M	$26M	17.5%	4.7%	1.5%	1.0%	$81M	—	$228M
Mar '26	$574M	$27M	20.0%	5.9%	1.6%	1.0%	-$99M	—	$164M
Dec '25	$567M	-$8M	15.0%	-1.6%	-0.5%	-0.3%	-$8M	$348M	$292M
Sep '25	$663M	$9M	19.5%	2.7%	0.5%	0.3%	$5M	—	$316M
Jun '25	$755M	$54M	23.6%	10.6%	3.1%	2.0%	$94M	—	$333M
Mar '25	$724M	$91M	27.2%	16.6%	5.4%	3.5%	$0	—	$256M
Dec '24	$680M	$62M	24.0%	11.0%	3.7%	2.4%	$43M	$348M	$340M
Sep '24	$722M	$90M	26.7%	16.1%	5.4%	3.5%	$139M	—	$346M
Jun '24	$814M	$160M	32.3%	23.8%	9.7%	6.3%	$176M	—	$317M
Mar '24	$724M	$108M	29.6%	20.0%	6.7%	4.3%	$64M	—	$244M
Dec '23	$658M	$59M	24.2%	13.5%	3.8%	2.4%	$95M	$347M	$222M
Sep '23	$728M	$118M	29.4%	22.1%	7.9%	5.0%	$139M	—	$160M
Jun '23	$611M	-$20M	19.5%	1.3%	-1.4%	-0.9%	$15M	—	$71M
Mar '23	$584M	$21M	17.3%	5.1%	1.4%	0.9%	-$233M	—	$126M
Dec '22	$705M	-$8M	18.2%	8.4%	-0.6%	-0.3%	-$91M	$346M	$369M
Sep '22	$852M	$21M	27.2%	20.2%	1.4%	0.9%	$109M	—	$469M
Jun '22	$1.1B	$384M	45.8%	40.9%	25.9%	15.1%	$379M	—	$503M
Mar '22	$1.2B	$484M	53.1%	47.6%	30.0%	18.1%	$333M	—	$624M
Dec '21	$835M	$194M	36.6%	27.2%	15.7%	8.8%	$84M	$346M	$358M

Valuation over time

How the market has priced LPX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 3.5× (Mar '23) to 37.8× (Nov '26).
The price-to-sales ratio has risen from 1.0× (Mar '23) to 2.0× (Nov '26).
The dividend yield has fallen from 1.8% (Mar '23) to 1.4% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is LPX growing its revenue and profit?

Over the past 5 years, Louisiana-Pacific Corp's revenue has grown 2.5% per year, and net income declined 21.8% per year. These are computed facts, not advice.

How much debt does LPX have?

As of FY2025, Louisiana-Pacific Corp reported $348M of total debt against $292M of cash; operating income covered interest expense 12×.

What is LPX's profit margin?

In FY2025, gross margin was 21.8%, operating margin 7.7%, and net margin 5.4%.

What is LPX's P/E ratio?

Louisiana-Pacific Corp's P/E (TTM) is 81.17 as of the 2026-11-04 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the LPX stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 37.8× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.