Market Summary
USD54.21+0.45
Delayed0.84%
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
48.0177.26
(Low)(High)
Last 7 days
-1.2%
Last 30 days
-8.3%
Last 90 days
-8.4%
Trailing 12 Months
-11.8%
LPX Financial Health
LPX Investor Care
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 | 58.5B | 22.8B | -4.86% | -16.59% | 13.07 | 2.57 | -0.28% | -16.51% |
IP | 16.2B | 21.2B | -1.72% | -19.24% | 10.76 | 0.76 | 9.29% | -14.16% |
AVY | 14.5B | 9.0B | -1.21% | 4.56% | 19.1 | 1.6 | 7.50% | 2.30% |
PKG | 13.4B | 8.5B | 0.09% | -9.30% | 12.92 | 1.56 | 9.67% | 22.43% |
| MID-CAP | ||||||||
WRK | 7.8B | 21.2B | -4.60% | -33.99% | 9.61 | 0.37 | 10.00% | -7.02% |
SEE | 6.6B | 5.6B | -6.15% | -31.44% | 13.51 | 1.18 | 1.95% | -3.00% |
SON | 6.0B | 7.3B | 1.84% | -0.08% | 12.77 | 0.82 | 29.70% | 645.69% |
LPX | 3.9B | 3.9B | -8.35% | -11.80% | 3.58 | 1.01 | -1.56% | -21.13% |
UFS | 2.8B | 4.0B | - | - | 65 | 0.8 | 16.70% | 421.74% |
BCC | 2.5B | 8.4B | -8.77% | -5.97% | 2.92 | 0.3 | 5.82% | 20.38% |
| SMALL-CAP | ||||||||
RFP | 1.7B | 3.8B | 2.67% | 75.78% | 3.96 | 0.44 | 5.89% | 10.97% |
SWM | 1.0B | 2.2B | -16.30% | -38.34% | -157.85 | 0.48 | 50.51% | -107.42% |
NP | 537.2M | - | -16.08% | -33.97% | -19.54 | 0.49 | - | - |
GLT | 143.2M | 1.5B | -14.02% | -73.72% | -0.74 | 0.1 | 37.49% | -2899.60% |
Financials for Louisiana-Pacific
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | -7.2% | 3,854 | 4,154 | 4,320 | 4,358 | 3,915 |
| Gross Profit | -12.8% | 1,498 | 1,717 | 1,990 | 2,156 | 1,963 |
| S&GA Expenses | -1.1% | 264 | 267 | 258 | 244 | 223 |
| EBITDA | -19.5% | 1,277 | 1,586 | 1,933 | 1,980 | - |
| EBITDA Margin | -13.2% | 0.33* | 0.38* | 0.35* | 0.42* | - |
| Earnings Before Taxes | -21.6% | 1,159 | 1,478 | 1,748 | 1,914 | 1,704 |
| EBT Margin | -15.5% | 0.30* | 0.36* | 0.33* | 0.42* | - |
| Interest Expenses | 35.3% | -11.00 | -17.00 | -16.00 | -15.00 | -14.00 |
| Net Income | -15.7% | 1,086 | 1,288 | 1,427 | 1,541 | 1,377 |
| Net Income Margin | -9.1% | 0.28* | 0.31* | 0.26* | 0.33* | - |
| Free Cahsflow | -19.1% | 732 | 905 | 1,235 | 1,281 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -1.4% | 2,350 | 2,383 | 2,547 | 2,670 | 2,194 |
| Current Assets | -14.7% | 854 | 1,001 | 1,208 | 1,341 | 890 |
| Cash Equivalents | -21.3% | 369 | 469 | 503 | 624 | 358 |
| Inventory | 0% | 337 | 337 | 309 | 382 | 278 |
| Net PPE | 9.1% | 1,326 | 1,215 | 1,166 | 1,132 | 1,039 |
| Liabilities | -10.1% | 916 | 1,019 | 1,059 | 1,054 | 955 |
| Current Liabilities | -21.9% | 336 | 430 | 464 | 459 | 351 |
| Long Term Debt | 0% | 346 | 346 | 346 | 346 | - |
| LT Debt, Non Current | 0% | 346 | 346 | - | - | - |
| Shareholder's Equity | 5.3% | 1,433 | 1,361 | 1,484 | 1,613 | 1,235 |
| Retained Earnings | -1.7% | 1,371 | 1,395 | 1,505 | 1,601 | 1,239 |
| Additional Paid-In Capital | 0.7% | 462 | 459 | 457 | 451 | 458 |
| Shares Outstanding | 0.1% | 72.00 | 72.00 | 77.00 | 84.00 | 86.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -12.3% | 1,144 | 1,304 | 1,620 | 1,594 | 1,484 |
| Cashflow From Investing | -12.3% | -146 | -130 | -319 | -248 | -247 |
| Cashflow From Financing | 24.3% | -982 | -1,298 | -1,372 | -1,367 | -1,388 |
| Dividend Payments | -2.4% | 69.00 | 71.00 | 72.00 | 69.00 | 66.00 |
| Buy Backs | -25.8% | 900 | 1,213 | 1,287 | 1,281 | 1,300 |
Risks for LPX
What is the probability of a big loss on LPX?
76.5%
Probability that Louisiana-Pacific stock will be more than 20% underwater in next one year
53.9%
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
Returns for LPX
Cumulative Returns on LPX
11.1%
10-Year Cumulative Returns
19.1%
7-Year Cumulative Returns
15.4%
5-Year Cumulative Returns
48.8%
3-Year Cumulative Returns
What are the long-term rolling returns for LPX?
FIve years rolling returns for Louisiana-Pacific.
Annualized Returns
Which funds bought or sold LPX recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-27 | Neo Ivy Capital Management | new | - | 549,000 | 549,000 | 0.37% |
2023-03-23 | MetLife Investment Management, LLC | reduced | -4.86 | 244,842 | 2,687,680 | 0.02% |
2023-03-17 | American Portfolios Advisors | reduced | -53.95 | -19,368 | 15,802 | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -0.68 | 950,471 | 7,344,470 | 0.01% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 125 | 31,000 | 50,000 | -% |
2023-03-03 | ROBOTTI ROBERT | reduced | -0.35 | 574,096 | 4,344,100 | 0.87% |
2023-02-28 | Voya Investment Management LLC | reduced | -5.33 | 300,067 | 3,470,070 | -% |
2023-02-27 | Parallax Volatility Advisers, L.P. | sold off | -100 | -354,000 | - | -% |
2023-02-24 | NATIXIS | sold off | -100 | -15,582,000 | - | -% |
2023-02-22 | CVA Family Office, LLC | new | - | 2,072 | 2,072 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Louisiana-Pacific News
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 |
LPX Fair Value
Louisiana-Pacific fair value in different scenarios
The table shows the Fair Value estimates for Louisiana-Pacific for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 150.22 177.11% | 266.72 392.01% | 476.63 779.23% | 640.43 1081.39% | 791.77 1360.56% |
| Current Inflation | 141.91 161.78% | 242.10 346.60% | 421.79 678.07% | 559.11 931.38% | 686.93 1167.16% |
| Very High Inflation | 131.22 142.06% | 212.19 291.42% | 357.03 558.61% | 464.60 757.04% | 565.81 943.74% |
Historical Louisiana-Pacific Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Louisiana-Pacific
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 14, 2023 | ARS | ARS | |
| Mar 14, 2023 | DEF 14A | DEF 14A | |
| Mar 14, 2023 | DEFA14A | DEFA14A | |
| Feb 21, 2023 | 10-K | Annual Report | |
| Feb 21, 2023 | 8-K | Current Report | |
| Feb 17, 2023 | 8-K | Current Report | |
| Feb 14, 2023 | SC 13G | Major Ownership Report | |
| Feb 14, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | 4 | Insider Trading | |
| Feb 14, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for LPX
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-02-12 | MASON JIMMY EARL | sold (taxes) | -16,614 | 65.67 | -253 | evp & general manager of osb |
2023-02-12 | Blosser Michael W | sold (taxes) | -33,294 | 65.67 | -507 | svp, manufacturing services |
2023-02-12 | Haughie Alan | sold (taxes) | -93,908 | 65.67 | -1,430 | evp, cfo |
2023-02-12 | Daniel Nicole C | sold (taxes) | -39,993 | 65.67 | -609 | svp, general counsel |
2023-02-12 | Doyle Derek Nelson | sold (taxes) | -11,360 | 65.67 | -173 | principal accounting officer |
2023-02-12 | Southern William Bradley | sold (taxes) | -380,952 | 65.67 | -5,801 | chief executive officer |
2023-02-12 | Ringbloom Jason Paul | sold (taxes) | -76,111 | 65.67 | -1,159 | evp osb |
2023-02-10 | Blosser Michael W | acquired | 237,857 | 65.67 | 3,622 | svp, manufacturing services |
2023-02-10 | Ringbloom Jason Paul | acquired | 549,986 | 65.67 | 8,375 | evp osb |
2023-02-10 | Doyle Derek Nelson | sold (taxes) | -12,280 | 65.67 | -187 | principal accounting officer |
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.
LPX Income Statement
2022-12-31Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Net sales | $ 3,854.0 | $ 3,915.0 | $ 2,399.0 |
| Operating costs and expenses: | |||
| Cost of sales | (2,355.0) | (1,952.0) | (1,566.0) |
| Gross Profit | 1,498.0 | 1,963.0 | 833.0 |
| Selling, general, and administrative expenses | (264.0) | (223.0) | (195.0) |
| Loss on impairments | (1.0) | (6.0) | (16.0) |
| Other operating credits and charges, net | 16.0 | 1.0 | (7.0) |
| Income from operations | 1,250.0 | 1,734.0 | 615.0 |
| Non-operating income (expense): | |||
| Interest (expense) income | 11.0 | 14.0 | 19.0 |
| Investment Income, Net | 14.0 | 1.0 | 4.0 |
| Other nonoperating items | (97.0) | (22.0) | 4.0 |
| Income before income taxes | 1,155.0 | 1,700.0 | 604.0 |
| Provision for income taxes | (274.0) | (402.0) | (121.0) |
| Equity in unconsolidated affiliate | 4.0 | 4.0 | 1.0 |
| Income from continuing operations | 885.0 | 1,302.0 | 484.0 |
| Closed Block Operations, Income (Loss) from Discontinued Operations, Net of Tax | 198.0 | 71.0 | 12.0 |
| Net income | 1,083.0 | 1,373.0 | 497.0 |
| Net loss attributed to noncontrolling interest | 3.0 | 4.0 | 2.0 |
| Net income attributed to LP | $ 1,086.0 | $ 1,377.0 | $ 499.0 |
| Basic net income (loss) per share: | |||
| Net income per share - diluted | $ 13.94 | $ 14.19 | $ 4.48 |
| Diluted net earnings (loss) per share: | |||
| Net income per share - diluted | $ 13.87 | $ 14.09 | $ 4.46 |
| Weighted average number of shares outstanding - basic | 78 | 97 | 111 |
| Weighted average number of shares outstanding, diluted | 78 | 98 | 112 |
LPX Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $ 369.0 | $ 358.0 |
| Allowance for doubtful accounts receivable | (1.0) | |
| Receivables, net of allowance for doubtful accounts of $1 million at December 31, 2022, and 2021, respectively | 127.0 | 169.0 |
| Inventories | 337.0 | 278.0 |
| Prepaid expenses and other current assets | 20.0 | 17.0 |
| Disposal Group, Including Discontinued Operation, Assets, Current | 0.0 | 68.0 |
| Total current assets | 854.0 | 890.0 |
| Timber and timberlands | 40.0 | 42.0 |
| Property, plant and equipment, net | 1,326.0 | 1,039.0 |
| Operating lease assets | 44.0 | 50.0 |
| Goodwill and other intangible assets | 36.0 | 39.0 |
| Investments in and advances to affiliates | 6.0 | 7.0 |
| Restricted cash | 14.0 | 13.0 |
| Other assets | 24.0 | 25.0 |
| Deferred tax asset | 7.0 | 2.0 |
| Long-term assets of discontinued operations | 0.0 | 87.0 |
| Total assets | 2,350.0 | 2,194.0 |
| LIABILITIES AND EQUITY | ||
| Accounts payable and accrued liabilities | 317.0 | 304.0 |
| Income taxes payable | 19.0 | 13.0 |
| Current portion of contingency reserves | 1.0 | 1.0 |
| Current liabilities of discontinued operations | 0.0 | 34.0 |
| Total current liabilities | 336.0 | 351.0 |
| Long-term debt, excluding current portion | 346.0 | 346.0 |
| Deferred income taxes | 113.0 | 86.0 |
| Non-current operating lease liabilities | 41.0 | 44.0 |
| Contingency reserves, excluding current portion | 26.0 | 24.0 |
| Other long-term liabilities | 53.0 | 63.0 |
| Long term liabilities of discontinued operations | 0.0 | 42.0 |
| Liabilities | 916.0 | 955.0 |
| Redeemable Noncontrolling Interest, Equity, Carrying Amount | $ 0.0 | $ 4.0 |
| Preferred Stock, Par or Stated Value Per Share | $ 1 | |
| Preferred Stock, Shares Authorized | 15,000,000 | |
| Common Stock, Par or Stated Value Per Share | $ 1 | |
| Common Stock, Shares, Outstanding | 71,748,200 | |
| Common Stock, Shares, Issued | 87,986,865 | 85,636,154 |
| Common Stock, Shares Authorized | 200,000,000 | 102,415,883 |
| Stockholders' equity: | ||
| Preferred stock, $1 par value, 15,000,000 shares authorized, no shares issued | $ 0.0 | $ 0.0 |
| Common stock, $1 par value; 200,000,000 shares authorized; 87,986,865 shares issued, and 71,748,200 shares issued and outstanding, respectively, as of December 31, 2022; 102,415,883 shares issued and 85,636,154 shares issued and outstanding, respectively, as of December 31, 2021 | 88.0 | 102.0 |
| Additional paid-in capital | 462.0 | 458.0 |
| Retained earnings | $ 1,371.0 | $ 1,239.0 |
| Treasury Stock, Shares | 16,238,665 | 16,779,729 |
| Treasury stock, 16,238,665 shares and 16,779,729 shares, at cost as of December 31, 2022, and 2021, respectively | $ (388.0) | $ (390.0) |
| Accumulated comprehensive loss | (99.0) | (174.0) |
| Total stockholders' equity | 1,433.0 | 1,235.0 |
| Total liabilities and stockholders' equity | $ 2,350.0 | $ 2,194.0 |