Louisiana-Pacific (LPX) Stock Fundamentals, Analysis & Risk Signals

Health score, competitive moat, risk signals, and key metrics at a glance.

NYSE•Industrials•Building Products & Equipment

AverageMetricSide Score: 42/100

ProfitabilityProfit13/30

GrowthGrowth6/25

Balance SheetBalance17/25

Cash QualityCash6/20

Price & Volume

Market Cap $5.55B

Louisiana-Pacific Corporation, together with its subsidiaries, provides building solutions for applications in new home construction, repair and remodeling, and outdoor structure markets in the United States, Canada, and South America. It operates through Siding and Oriented Strand Board (OSB) segments. The Siding segment consists of a portfolio of engineered wood siding, trim, soffit, and fascia products; and primed products, including LP SmartSide trim and siding, LP BuilderSeries Lap Siding, and LP Outdoor Building Solutions; and LP SmartSide ExpertFinish trim and siding pre-finished products. The OSB segment manufactures and distributes OSB structural panel products, including the value-added OSB product portfolio comprising LP Structural Solutions, which includes LP FlameBlock Fire-Rated Sheathing, LP WeatherLogic Air and Water Barrier, LP TechShield Radiant Barrier, LP Legacy Premium Sub-Flooring, and LP TopNotch 350 Durable Sub-Flooring. In addition, the company provides other operations, including timber and timberlands, as well as other minor products, services, and closed operations. The company sells its products primarily to retailers, wholesalers, home building, and industrial businesses in North America and South America. Louisiana-Pacific Corporation was incorporated in 1972 and is headquartered in Nashville, Tennessee.

Moat Signals

Competitive analysis based on 56 quarters of fundamental data

Pricing Power

Weak Moat

Operating margins are under pressure, averaging 10.6%. The business may lack pricing power or face rising costs.'

Competitive Advantage

Moderate Moat

ROE averages 17.9% but has fluctuated — the competitive advantage may be cyclical or emerging.

Risk Signals

Data-driven red flags and warnings across 56 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 73.9% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Leverage Risk

Healthy

D/E ratio is 0.2 — conservative capital structure with low financial risk.

Revenue Decline

Red Flag

Revenue declined in 5 of the last 7 quarters — persistent contraction signals a fundamental problem.

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Share Dilution

Healthy

Shares decreased 2.8% — net buybacks are reducing shares outstanding and boosting per-share value.

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.56B
Q. Revenue: $574.00M
TTM EBITDA: $264.00M
TTM Op. Income: $123.00M
Q. Op. Income: $34.00M
TTM Net Income: $82.00M
Q. Net Income: $27.00M
EPS: $0.39
Shares Out.: $70.00M

$2.56B in TTM revenue declined 13.0% YoY, reaching $574.00M last quarter. TTM EBITDA of $264.00M and TTM operating income of $123.00M shows growth is flowing through. Net income of $82.00M TTM confirms the company is converting revenue into profit. Revenue is contracting — assess whether this is cyclical or structural.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 20.0%
EBITDA Margin: 12.5%
Op. Margin: 5.9%
Net Margin: 4.7%

Op. margin of 5.9% is down 10.7% YoY — costs are rising relative to revenue. Net margin at 4.7% and gross margin of 20.0% — earnings take a bigger bite when COGS stays lean..

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 67.7x
P/S Ratio: 2.2x
P/B Ratio: 3.2x

At 67.7x P/E, the stock trades at a premium — the market expects above-average growth. P/S of 2.2x and P/B of 3.2x provide additional context. The premium P/E is not backed by strong revenue growth — the stock may be overvalued.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.58B
Cash: $164.00M
Long-Term Debt: $348.00M
Book Value: $1.73B
D/E Ratio: 0.2
Debt/EBITDA: 4.8

With $2.58B in assets and $348.00M in long-term debt, the D/E of 0.2and book value of $1.73B — shows a conservative capital structure — the company has a strong financial cushion to weather downturns.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-38.00M
Free Cash Flow: $-99.00M
FCF Margin: -3.9%
FCF / Net Income: -3.7

FCF of $-99.00M on $-38.00M in operating cash flow. The FCF / Net Income ratio of -1.2x shows cash consumption — the business is not yet self-funding.