Market Summary
USD56.70-0.92
Market Closed-1.60%
LPX Stock Price
LPX RSI Chart
LPX Valuation
LPX Price/Sales (Trailing)
LPX Profitability
LPX Fundamentals
LPX Revenue
LPX Earnings
Price Action
52 Week Range
48.0179.56
(Low)(High)
Last 7 days
-0.3%
Last 30 days
-3.0%
Last 90 days
-14.8%
Trailing 12 Months
10.3%
LPX Financial Health
LPX Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for LPX
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-09 | Southern William Bradley | gifted | - | - | -6,174 | chief executive officer |
2023-07-06 | Gottung Lizanne C | sold | - | - | -369 | - |
2023-05-18 | Southern William Bradley | acquired | 402,665 | 18.09 | 22,259 | chief executive officer |
2023-05-18 | Southern William Bradley | sold (taxes) | -396,382 | 63.34 | -6,258 | chief executive officer |
2023-05-18 | Southern William Bradley | back to issuer | -402,652 | 63.34 | -6,357 | chief executive officer |
2023-05-05 | Macadam Stephen E. | acquired | - | - | 2,182 | - |
2023-05-05 | HORTON OZEY K JR | acquired | - | - | 5,357 | - |
2023-05-05 | Bayardo Jose A | acquired | - | - | 2,182 | - |
2023-05-05 | MCCOY DUSTAN E | acquired | - | - | 2,182 | - |
2023-05-05 | Embree Tracy A | acquired | - | - | 6,942 | - |
Which funds bought or sold LPX recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | reduced | -10.2 | 1,285 | 6,598 | -% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 855 | 3,822 | -% |
2023-08-24 | Alberta Investment Management Corp | new | - | 1,732,110 | 1,732,110 | 0.02% |
2023-08-23 | Rehmann Capital Advisory Group | unchanged | - | 97,619 | 352,406 | 0.03% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -49.84 | -522,931 | 1,184,680 | 0.01% |
2023-08-22 | COMERICA BANK | new | - | 3,000 | 3,000 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 19.78 | 1,181,000 | 2,980,000 | 0.03% |
2023-08-21 | BOKF, NA | sold off | -100 | -1,495,270 | - | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -9.05 | 258,773 | 1,262,500 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -12.13 | 1,052,850 | 5,940,960 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Louisiana-Pacific
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | berkshire hathaway inc | 9.8% | 7,044,909 | SC 13G | |
| Feb 09, 2023 | blackrock inc. | 10.1% | 7,274,974 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.60% | 6,882,797 | SC 13G/A | |
| Jan 24, 2023 | blackrock inc. | 9.9% | 7,121,891 | SC 13G/A | |
| Jan 11, 2023 | first trust portfolios lp | 5.60% | 4,015,307 | SC 13G | |
| Sep 08, 2022 | blackrock inc. | 10.2% | 7,569,399 | SC 13G | |
| Feb 10, 2022 | vanguard group inc | 11.46% | 10,087,146 | SC 13G/A | |
| Feb 04, 2022 | wellington management group llp | 4.11% | 3,614,252 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 8.8% | 7,757,851 | SC 13G/A | |
| Feb 12, 2021 | dimensional fund advisors lp | 5.3% | 429,261 | SC 13G |
Recent SEC filings of Louisiana-Pacific
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Aug 11, 2023 | 4 | Insider Trading | |
| Aug 02, 2023 | 8-K | Current Report | |
| Aug 02, 2023 | 10-Q | Quarterly Report | |
| Jul 28, 2023 | 8-K | Current Report | |
| Jul 10, 2023 | 4 | Insider Trading | |
| Jun 27, 2023 | 11-K | Employee Benefit Details |
Peers (Alternatives to Louisiana-Pacific)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
FCX | 55.5B | 21.9B | -0.10% | 30.86% | 16.73 | 2.53 | -9.80% | -44.93% |
IP | 15.1B | 20.2B | -1.00% | -1.95% | 14.55 | 0.75 | -1.89% | -43.54% |
AVY | 14.8B | 8.5B | 3.38% | 5.30% | 26.17 | 1.74 | -5.06% | -25.48% |
PKG | 13.4B | 8.0B | 3.36% | 27.11% | 12.92 | 1.56 | -4.57% | -15.25% |
| MID-CAP | ||||||||
WRK | 9.1B | 20.7B | 12.72% | 4.09% | -6.44 | 0.44 | -1.05% | -253.10% |
SON | 5.4B | 7.0B | -1.54% | -7.63% | 11.13 | 0.77 | 7.08% | 13.87% |
SEE | 4.8B | 5.5B | -2.96% | -31.07% | 12.29 | 0.86 | -4.12% | -29.40% |
LPX | 4.2B | 2.8B | -3.03% | 10.32% | 18.97 | 1.51 | -33.69% | -84.65% |
BCC | 4.0B | 7.1B | -6.10% | 68.25% | 6.83 | 0.55 | -13.59% | -25.78% |
UFS | - | 5.6B | - | - | - | - | 50.13% | 700.00% |
| SMALL-CAP | ||||||||
RFP | 1.7B | - | 2.67% | 75.78% | 3.96 | 0.44 | - | - |
SWM | 1.0B | 2.7B | - | - | -157.85 | 0.48 | 66.84% | -140.81% |
GLT | 107.2M | 1.5B | 14.42% | -49.04% | -0.8 | 0.07 | 9.55% | -18.64% |
Louisiana-Pacific News
Returns for LPX
Cumulative Returns on LPX
13.3%
10-Year Cumulative Returns
18.4%
7-Year Cumulative Returns
17.0%
5-Year Cumulative Returns
24.0%
3-Year Cumulative Returns
Risks for LPX
What is the probability of a big loss on LPX?
85.8%
Probability that Louisiana-Pacific stock will be more than 20% underwater in next one year
56.9%
Probability that Louisiana-Pacific stock will be more than 30% underwater in next one year.
19.2%
Probability that Louisiana-Pacific stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does LPX drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Louisiana-Pacific was unfortunately bought at previous high price.
Drawdowns
Financials for Louisiana-Pacific
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -15.9% | 2,752 | 3,271 | 3,854 | 3,984 | 4,150 | 4,188 | 3,915 | 3,674 | 3,451 | 2,831 | 2,399 | 2,465 | 2,273 | 2,313 | 2,310 | 2,362 | 2,496 | 2,719 | 2,828 | 2,950 | 2,931 |
| Gross Profit | -40.8% | 580 | 979 | 1,498 | 1,676 | 1,949 | 2,115 | 1,963 | 1,984 | 1,771 | 1,204 | 833 | 587 | 370 | 331 | 303 | 328 | 466 | 649 | 744 | 866 | 863 |
| S&GA Expenses | -0.4% | 267 | 268 | 264 | 264 | 255 | 241 | 223 | 197 | 191 | 188 | 195 | 215 | 221 | 229 | 230 | 229 | 222 | 214 | 209 | 197 | 196 |
| EBITDA | -100.0% | - | 753 | 1,277 | 1,586 | 1,933 | 1,980 | 1,788 | 1,807 | 1,557 | 1,087 | 713 | 367 | 126 | 88.00 | 91.00 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.23* | 0.33* | 0.38* | 0.35* | 0.42* | 0.39* | 0.42* | 0.41* | 0.34* | 0.26* | 0.15* | 0.06* | 0.04* | 0.04* | - | - | - | - | - | - |
| Interest Expenses | 0% | -11.00 | -11.00 | -11.00 | -17.00 | -16.00 | -15.00 | -14.00 | -23.00 | -22.00 | -20.00 | -19.00 | -17.00 | -16.00 | -18.00 | -19.00 | -6.00 | -10.00 | -14.00 | -16.00 | -17.40 | -14.50 |
| Earnings Before Taxes | -72.6% | 175 | 639 | 1,159 | 1,401 | 1,671 | 1,837 | 1,704 | 1,763 | 1,558 | 979 | 605 | 250 | 16.00 | -15.00 | -23.00 | 71.00 | 235 | 431 | 521 | 658 | 649 |
| EBT Margin | -100.0% | - | 0.20* | 0.30* | 0.36* | 0.33* | 0.42* | 0.40* | 0.43* | 0.41* | 0.31* | 0.22* | 0.10* | 0.01* | -0.01* | -0.01* | - | - | - | - | - | - |
| Net Income | -64.8% | 219 | 623 | 1,086 | 1,288 | 1,427 | 1,541 | 1,377 | 1,439 | 1,251 | 786 | 499 | 192 | 17.00 | 1.00 | -5.00 | 63.00 | 185 | 331 | 395 | 509 | 495 |
| Net Income Margin | -100.0% | - | 0.19* | 0.28* | 0.31* | 0.26* | 0.33* | 0.30* | 0.34* | 0.33* | 0.24* | 0.18* | 0.08* | 0.01* | 0.00* | 0.00* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 166 | 732 | 905 | 1,235 | 1,281 | 1,230 | 1,445 | 1,206 | 895 | 582 | 341 | 159 | 61.00 | -4.00 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 1.9% | 2,302 | 2,259 | 2,350 | 2,383 | 2,547 | 2,670 | 2,194 | 2,400 | 2,367 | 2,343 | 2,086 | 1,973 | 1,807 | 2,132 | 1,835 | 2,043 | 2,090 | 2,094 | 2,514 | 2,614 | 2,621 |
| Current Assets | -5.9% | 671 | 713 | 854 | 1,001 | 1,208 | 1,341 | 890 | 1,197 | 1,230 | 1,226 | 993 | 904 | 689 | 976 | 619 | 761 | 828 | 846 | 1,287 | 1,427 | 1,463 |
| Cash Equivalents | -43.7% | 71.00 | 126 | 369 | 469 | 516 | 637 | 371 | 620 | 603 | 658 | 535 | 420 | 259 | 488 | 195 | 318 | 362 | 375 | 892 | 1,000 | 1,014 |
| Inventory | -1.9% | 407 | 415 | 337 | 337 | 309 | 382 | 278 | 320 | 311 | 307 | 259 | 238 | 240 | 284 | 265 | 260 | 293 | 310 | 273 | 284 | 286 |
| Net PPE | 7.7% | 1,504 | 1,397 | 1,326 | 1,215 | 1,166 | 1,132 | 1,039 | 980 | 938 | 921 | 918 | 902 | 912 | 930 | 965 | 1,034 | 1,038 | 1,031 | 1,010 | 976 | 947 |
| Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 26.00 | 26.00 |
| Liabilities | 9.3% | 883 | 808 | 916 | 1,019 | 1,059 | 1,054 | 955 | 1,024 | 925 | 930 | 842 | 820 | 796 | 1,138 | 834 | - | - | - | 814 | - | - |
| Current Liabilities | 16.6% | 267 | 229 | 336 | 430 | 464 | 459 | 351 | 427 | 353 | 360 | 286 | 244 | 219 | 214 | 244 | 216 | 229 | 238 | 262 | 233 | 258 |
| Long Term Debt | 8.6% | 377 | 347 | 346 | 346 | 346 | 346 | 346 | 346 | 346 | 346 | 348 | 348 | 348 | 698 | 348 | 348 | - | - | 347 | - | - |
| LT Debt, Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.00 | 5.00 | 5.00 | 5.00 | 27.00 |
| LT Debt, Non Current | - | - | - | 346 | - | - | - | 346 | - | - | - | 348 | - | - | - | 348 | - | 348 | 347 | 347 | 349 | 348 |
| Shareholder's Equity | -2.1% | 1,419 | 1,450 | 1,433 | 1,361 | 1,484 | 1,613 | 1,235 | 1,368 | 1,433 | 1,404 | 1,234 | 1,142 | 1,000 | 984 | 991 | 1,213 | 1,278 | 1,273 | 1,700 | 1,811 | 1,766 |
| Retained Earnings | -2.8% | 1,337 | 1,375 | 1,371 | 1,395 | 1,505 | 1,601 | 1,239 | 1,369 | 1,413 | 1,390 | 1,206 | 1,132 | 999 | 983 | 966 | 1,185 | 1,315 | 1,314 | 1,613 | 1,614 | 1,508 |
| Additional Paid-In Capital | 0.7% | 458 | 455 | 462 | 459 | 457 | 451 | 458 | 451 | 446 | 443 | 452 | 450 | 446 | 448 | 454 | 453 | 374 | 373 | 458 | 457 | 458 |
| Shares Outstanding | 0.1% | 72.00 | 72.00 | 72.00 | 72.00 | 81.00 | 86.00 | 86.00 | 94.00 | 101 | 106 | 106 | 112 | 112 | 112 | 112 | 121 | 123 | 131 | 137 | 143 | 145 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -65.7% | 206 | 600 | 1,144 | 1,304 | 1,620 | 1,594 | 1,484 | 1,603 | 1,310 | 982 | 659 | 439 | 280 | 205 | 159 | 151 | 243 | 426 | 511 | 588 | 580 |
| Share Based Compensation | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Cashflow From Investing | -24.8% | -282 | -226 | -146 | -130 | -319 | -248 | -247 | -155 | -100 | -57.00 | -49.00 | -72.00 | -99.00 | -156 | -137 | -154 | -177 | -199 | -238 | -262 | -234 |
| Cashflow From Financing | 57.6% | -370 | -872 | -982 | -1,298 | -1,372 | -1,367 | -1,388 | -1,246 | -875 | -759 | -272 | -260 | -275 | 71.00 | -717 | -675 | -717 | -755 | -317 | -184 | -84.50 |
| Dividend Payments | -2.0% | 67.00 | 68.00 | 69.00 | 71.00 | 72.00 | 69.00 | 66.00 | 67.00 | 65.00 | 67.00 | 65.00 | 65.00 | 65.00 | 65.00 | 65.00 | 68.00 | 71.00 | 73.00 | 74.00 | 57.00 | 38.00 |
| Buy Backs | -59.2% | 325 | 796 | 900 | 1,213 | 1,287 | 1,281 | 1,300 | 1,157 | 787 | 322 | 200 | 187 | 200 | 200 | 638 | 593 | 611 | 650 | 212 | 99.00 | 39.00 |
LPX Income Statement
2023-06-30Condensed Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| Net sales | $ 611 | $ 1,130 | $ 1,195 | $ 2,297 |
| Cost of sales | (492) | (611) | (975) | (1,158) |
| Gross Profit | 119 | 518 | 220 | 1,139 |
| Selling, general, and administrative expenses | (66) | (67) | (133) | (129) |
| Impairment of long-lived assets, net | 24 | 0 | 24 | 0 |
| Other operating credits and charges, net | (21) | 11 | (26) | 10 |
| Income from operations | 8 | 462 | 37 | 1,019 |
| Non-operating income (expense): | ||||
| Interest Expense | (3) | (3) | (6) | (6) |
| Investment income | 2 | 2 | 7 | 3 |
| Other non-operating items | (8) | 2 | (16) | (8) |
| Income (loss) before income taxes | (1) | 463 | 22 | 1,007 |
| Provision for income taxes | (21) | (116) | (22) | (240) |
| Equity in unconsolidated affiliate | 1 | 1 | 1 | 2 |
| Income (loss) from continuing operations | (21) | 348 | 1 | 769 |
| Income from discontinued operations, net of income taxes | 0 | 37 | 0 | 99 |
| Net income (loss) | (21) | 385 | 1 | 868 |
| Net loss attributed to non-controlling interest | 1 | 0 | 0 | 1 |
| Net income (loss) attributed to LP | $ (20) | $ 384 | $ 1 | $ 868 |
| Net income (loss) attributed to LP per share of common stock: | ||||
| Income per share continuing operations - basic (in dollars per share) | $ (0.28) | $ 4.30 | $ 0.02 | $ 9.25 |
| Income per share discontinued operations - basic (in dollars per share) | 0 | 0.46 | 0 | 1.18 |
| Net income per share - basic (in dollars per share) | (0.28) | 4.76 | 0.02 | 10.43 |
| Income per share continuing operations - diluted (in dollars per share) | (0.28) | 4.28 | 0.02 | 9.19 |
| Income per share discontinued operations - diluted (in dollars per share) | 0 | 0.45 | 0 | 1.18 |
| Net income per share - diluted (in dollars per share) | $ (0.28) | $ 4.73 | $ 0.02 | $ 10.36 |
| Average shares of common stock used to compute Net income (loss) per share: | ||||
| Basic (in shares) | 72 | 81 | 72 | 83 |
| Diluted (in shares) | 72 | 81 | 72 | 84 |
LPX Balance Sheet
2023-06-30Condensed Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $ 71 | $ 369 |
| Receivables, net of allowance for doubtful accounts of $3 million and $1 million as of June 30, 2023, and December 31, 2022, respectively | 172 | 127 |
| Inventories | 407 | 337 |
| Prepaid expenses and other current assets | 21 | 20 |
| Total current assets | 671 | 854 |
| Timber and timberlands | 32 | 40 |
| Property, plant, and equipment, net | 1,504 | 1,326 |
| Operating lease assets | 31 | 44 |
| Goodwill and other intangible assets | 27 | 36 |
| Investments in and advances to affiliates | 6 | 6 |
| Restricted Cash, Noncurrent | 0 | 14 |
| Other assets | 24 | 24 |
| Deferred Tax Assets, Deferred Income | 8 | 7 |
| Total assets | 2,302 | 2,350 |
| LIABILITIES AND EQUITY | ||
| Accounts payable and accrued liabilities | 262 | 317 |
| Accrued Income Taxes, Current | 5 | 19 |
| Total current liabilities | 267 | 336 |
| Long-term Debt and Lease Obligation | 377 | 346 |
| Deferred Income Tax Liabilities, Net | 127 | 113 |
| Operating Lease liability, noncurrent | 33 | 41 |
| Loss Contingency Accrual | 26 | 26 |
| Other long-term liabilities | 54 | 53 |
| Liabilities | 883 | 916 |
| Redeemable noncontrolling interest | 0 | 0 |
| Stockholders' equity: | ||
| Common stock, $1 par value, 200,000,000 shares authorized; 87,986,865 and 72,103,762 shares issued and outstanding, respectively, as of June 30, 2023; and 87,986,865 and 71,748,200 shares issued and outstanding, respectively, as of December 31, 2022 | 88 | 88 |
| Additional paid-in capital | 458 | 462 |
| Retained earnings | 1,337 | 1,371 |
| Treasury stock, 15,883,103 shares and 16,238,665 shares, at cost as of June 30, 2023, and December 31, 2022, respectively | (387) | (388) |
| Accumulated comprehensive loss | (78) | (99) |
| Total stockholders' equity | 1,419 | 1,433 |
| Total liabilities and stockholders' equity | $ 2,302 | $ 2,350 |
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.