Earnings summaries and quarterly performance for LOUISIANA-PACIFIC.
Executive leadership at LOUISIANA-PACIFIC.
Brad Southern
Chief Executive Officer
Alan Haughie
Executive Vice President, Chief Financial Officer
Jason Ringblom
President
Leslie Davis
Vice President, Controller & Chief Accounting Officer
Nicole Daniel
Senior Vice President, General Counsel & Corporate Secretary
Tony Hamill
Senior Vice President, Chief Operating Officer
Board of directors at LOUISIANA-PACIFIC.
Dustan McCoy
Lead Independent Director
Jean-Michel Ribiéras
Director
Jose Bayardo
Director
Kelly Barrett
Director
Lizanne Gottung
Director
Nicholas Grasberger
Director
Ozey Horton
Director
Stephen Macadam
Director
Ty Silberhorn
Director
Research analysts who have asked questions during LOUISIANA-PACIFIC earnings calls.
Ketan Mamtora
BMO Capital Markets
5 questions for LPX
Kurt Yinger
D.A. Davidson & Co.
5 questions for LPX
Mark Weintraub
Seaport Research Partners
5 questions for LPX
Matthew McKellar
RBC Capital Markets
5 questions for LPX
Michael Roxland
Truist Securities
5 questions for LPX
Sean Steuart
TD Securities
5 questions for LPX
Steven Ramsey
Thompson Research Group
5 questions for LPX
Susan Maklari
Goldman Sachs Group Inc.
5 questions for LPX
George Staphos
Bank of America
3 questions for LPX
Jeffrey Stevenson
Loop Capital Markets LLC
1 question for LPX
Recent press releases and 8-K filings for LPX.
- LPX reported Q3 2025 total sales were down 8% year-over-year and EBITDA was $82 million, primarily impacted by an extended trough in OSB prices.
- The company updated its full-year 2025 total company EBITDA guidance to $420 million and increased its full-year Siding EBITDA margin guide to about 26%.
- CEO Brad Southern announced his retirement in February, with President Jason Ringblum named as his successor.
- LPX is exploring the conversion of its Maniwaki, Quebec OSB mill to Siding production, potentially offering additional capacity with greater capital efficiency, and has consequently cut its CapEx guidance.
- Siding sales revenue increased 5% in Q3 2025, driven by price and mix, including a 17% year-over-year increase in ExpertFinish volumes, and the company announced a 3%-4% net price increase for 2026.
- LP Building Solutions reported Q3 2025 Net Sales of $663 million and Adjusted EBITDA of $82 million, with Adjusted Diluted EPS at $0.36.
- Siding sales increased by 5% in Q3 2025, while the OSB segment recorded net sales of $179 million and an Adjusted EBITDA of $(27) million.
- For the full year 2025, the company projects Total LP Adjusted EBITDA of ~$420 million and Total Capital Expenditures of ~$315 million.
- As of September 30, 2025, LP Building Solutions had 70 million shares outstanding and $1.1 billion in total liquidity.
- Louisiana-Pacific Corporation reported consolidated net sales decreased by $59 million to $663 million and net income was $9 million, a decrease of $82 million, for the third quarter of 2025 compared to the prior-year period.
- In Q3 2025, Siding net sales increased by 5% to $443 million, while Oriented Strand Board (OSB) net sales decreased by $74 million to $179 million.
- For the first nine months of 2025, consolidated net sales decreased by $119 million to $2.1 billion, and net income was $154 million, a decrease of $204 million year-over-year.
- The company reaffirmed its full-year 2025 Siding Adjusted EBITDA guidance of ~$430 million and provided a Consolidated Adjusted EBITDA guidance of ~$420 million.
- During the third quarter of 2025, LP invested $84 million in capital expenditures and paid $19 million in cash dividends, with total liquidity at $1.1 billion as of September 30, 2025.
- LP Building Solutions reported Q3 2025 consolidated net sales of $663 million, a decrease of $59 million compared to the prior-year period, with net income at $9 million and Adjusted EBITDA at $82 million.
- In Q3 2025, Siding net sales increased by $22 million (5%) to $443 million, primarily due to higher selling prices, while Oriented Strand Board (OSB) net sales decreased by $74 million to $179 million, driven by lower prices.
- For the full year 2025, the company reaffirms guidance for Siding Adjusted EBITDA of approximately $430 million and projects consolidated Adjusted EBITDA of approximately $420 million.
- The company generated $89 million in cash provided by operating activities and invested $84 million in capital expenditures during Q3 2025, maintaining total liquidity of $1.1 billion as of September 30, 2025.
- Consolidated net sales of $724M remained flat, with net income of $91M and diluted EPS of $1.30 .
- The Siding segment delivered strong performance with $402M in net sales (up by $41M, approx. 11%) and $106M in Adjusted EBITDA, offsetting lower OSB prices .
- The OSB segment underperformed with $267M in net sales (down by $46M, approx. 15%) and recorded Adjusted EBITDA of $54M .
- Q1 EBITDA was impacted by approximately $20M, with tariffs contributing about $2M (potential to hit $12M for the full year) .
- Guidance update: Q2 siding revenue is expected to range between $445M and $455M (yielding $110–$120M EBITDA at a 26% margin) while full-year guidance anticipates siding revenue of about $1.7B and EBITDA between $425–$435M .
- The company maintained strong liquidity with $1B in liquidity (ending the quarter with $256M in cash), supporting $20M in dividends (quarterly dividend of $0.28 per share) and $61M in share repurchases .
- On March 26, 2025, Louisiana-Pacific Corporation entered into a First Amendment to its Second Amended and Restated Credit Agreement, marking a key update to its debt facility structure.
- The amendment increases the senior secured revolving credit facility from $550M to $750M and raises the letters of credit sub-limit from $60M to $75M.
- The changes also include adjustments to the interest rate, an extension of the maturity date to March 26, 2032, and a revision of the capitalization ratio covenant to a maximum of 65%.
Quarterly earnings call transcripts for LOUISIANA-PACIFIC.
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