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 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
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
FCF
Total debt
Cash
2025
$2.7B
$146M
21.8%
7.7%
$91M
$348M
$292M
2024
$2.9B
$420M
28.3%
18.0%
$422M
$348M
$340M
2023
$2.6B
$178M
23.0%
11.1%
$16M
$347M
$222M
2022
$3.9B
$1.1B
38.9%
32.4%
$730M
$346M
$369M
2021
$3.9B
$1.4B
50.1%
44.3%
$1.2B
$346M
$358M
2020
$2.4B
$499M
34.7%
25.6%
$588M
$348M
$535M
2019
$2.3B
-$5M
13.1%
-0.9%
-$4M
$348M
$181M
2018
$2.8B
$395M
26.3%
18.6%
$297M
$352M
$878M
2017
$2.7B
$390M
26.9%
19.5%
$325M
$376M
$928M
2016
—
$150M
—
—
$218M
$377M
$659M
2015
—
-$88M
—
—
-$85M
$754M
$435M
2014
—
-$75M
—
—
-$133M
$762M
$533M
2013
—
$177M
—
—
$167M
$765M
$657M
2012
—
$29M
—
—
$81M
$881M
$561M
2011
—
-$181M
—
—
-$62M
$729M
$340M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$574M
$27M
20.0%
5.9%
-$99M
—
$164M
Dec '25
$567M
-$8M
15.0%
-1.6%
-$8M
$348M
$292M
Sep '25
$663M
$9M
19.5%
2.7%
$5M
—
$316M
Jun '25
$755M
$54M
23.6%
10.6%
$94M
—
$333M
Mar '25
$724M
$91M
27.2%
16.6%
$0
—
$256M
Dec '24
$680M
$62M
24.0%
11.0%
$43M
$348M
$340M
Sep '24
$722M
$90M
26.7%
16.1%
$139M
—
$346M
Jun '24
$814M
$160M
32.3%
23.8%
$176M
—
$317M
Mar '24
$724M
$108M
29.6%
20.0%
$64M
—
$244M
Dec '23
$658M
$59M
24.2%
13.5%
$95M
$347M
$222M
Sep '23
$728M
$118M
29.4%
22.1%
$139M
—
$160M
Jun '23
$611M
-$20M
19.5%
1.3%
$15M
—
$71M
Mar '23
$584M
$21M
17.3%
5.1%
-$233M
—
$126M
Dec '22
$705M
-$8M
18.2%
8.4%
-$91M
$346M
$369M
Sep '22
$852M
$21M
27.2%
20.2%
$109M
—
$469M
Jun '22
$1.1B
$384M
45.8%
40.9%
$379M
—
$503M
Mar '22
$1.2B
$484M
53.1%
47.6%
$333M
—
$624M
Dec '21
$835M
$194M
36.6%
27.2%
$84M
$346M
$358M
Sep '21
$1.0B
$365M
49.6%
44.0%
$443M
—
$607M
Jun '21
$1.2B
$498M
58.6%
54.3%
$425M
—
$590M
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 39.0× (Jun '26).
The price-to-sales ratio has risen from 1.0× (Mar '23) to 2.1× (Jun '26).
The dividend yield has fallen from 1.8% (Mar '23) to 1.4% (Jun '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?
As of Jun '26, Louisiana-Pacific Corp traded at a price-to-earnings ratio of about 39.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.