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Simpson Manufacturing Co. (SSD)

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Earnings summaries and quarterly performance for Simpson Manufacturing Co..

Recent press releases and 8-K filings for SSD.

Simpson Manufacturing Outlines 2026 Financial Strategy and Operational Updates
SSD
Guidance Update
Share Buyback
New Projects/Investments
  • Simpson Manufacturing achieved significant growth from 2020-2024, adding approximately $1 billion in revenue and $180 million in operating income despite a flat U.S. housing market.
  • To reach its goal of 20%+ operating income, the company is implementing $30 million in cost savings for 2026, with most activity occurring in Q4 2025.
  • Capital expenditures are projected to normalize to $75-$80 million annually starting in 2026, down from over $160 million in recent years, and a $150 million share repurchase program has been approved for 2026.
  • The company is opening a new fastener manufacturing facility in Gallatin, Tennessee, to improve efficiency, reduce lead times, and support growth, especially in the mass timber segment.
6 hours ago
Simpson Manufacturing Discusses 2026 Outlook, Strategic Initiatives, and Capital Allocation
SSD
Guidance Update
Share Buyback
New Projects/Investments
  • Simpson Manufacturing (SSD) reported adding approximately $1 billion in revenue and $180 million in operating income from 2020 to 2024, despite a flat U.S. Housing Starts market, driven by net pricing, the Etanco acquisition, and share gains.
  • The company aims for 20%+ operating income and has implemented $30 million in cost savings for 2026 to achieve this target in a potentially flat market.
  • Strategic growth areas include the $1.5 billion truss market, where Simpson holds less than 10% share and is investing significantly in software development, and the new Gallatin, Tennessee facility, which will enable in-house fastener manufacturing and unlock new revenue opportunities.
  • CapEx is projected to normalize to $75-$80 million in 2026, down from over $160 million in prior years, and the company approved a $150 million share repurchase for 2026, marking its highest single-year approval.
6 hours ago
Simpson Manufacturing Discusses 2026 Outlook, Growth Strategies, and Capital Allocation
SSD
Guidance Update
New Projects/Investments
Share Buyback
  • Simpson Manufacturing (SSD) achieved $1 billion in revenue growth and $180 million in operating income growth from 2020 to 2024, despite a flat U.S. housing market.
  • The company is targeting an additional $30 million in cost savings for 2026 to achieve its goal of 20%+ operating income.
  • Key growth drivers include expanding its presence in the $1.5 billion truss market and new product innovation, supported by significant investments in software development and a new fastener manufacturing facility in Gallatin, Tennessee, opening tomorrow (January 15, 2026).
  • Capital allocation priorities for 2026 include a $150 million share repurchase approval (the highest single year in company history) and a reduction in CapEx to a more normalized $75-$80 million range, down from over $160 million in previous years.
6 hours ago
Simpson Strong-Tie Discusses Market Share, Pricing, and Capital Allocation
SSD
Guidance Update
Share Buyback
Demand Weakening
  • Simpson Strong-Tie (SSD) maintains a dominant 75%-80% market share in the $1.5 billion traditional structural connector market, while identifying a significant growth opportunity in the $1.5 billion truss plates market where it currently holds less than 10% share.
  • The company implemented price increases in April (effective June 2) and mid-August (effective mid-October), which are expected to generate approximately $100 million in annualized pricing to largely offset $100 million in tariff-related cost increases.
  • SSD is committed to achieving a 20% EBIT margin and plans to implement at least $30 million of annualized cost reductions in 2026 to support this target, even in a "flattish" market environment.
  • Capital expenditures are projected to normalize from $150-$160 million annually to the $75-$80 million range per year, and the company announced an expected $150 million stock buyback for 2026, aiming to return at least 35% of free cash flow to shareholders.
Nov 18, 2025, 4:00 PM
Simpson Manufacturing Co. Discusses 2026 Outlook, Cost Reductions, and Capital Allocation
SSD
Guidance Update
Share Buyback
New Projects/Investments
  • Simpson Manufacturing Co. (SSD) aims for a 20% EBIT margin in 2026, supported by a commitment to $30 million in annualized cost reductions to navigate a projected "flattish" market.
  • Capital expenditures are expected to normalize from $150-$160 million per year to $75-$80 million per year, which will increase free cash flow.
  • The company plans to return at least 35% of its free cash flow to shareholders, including an anticipated $150 million in share buybacks for 2026.
  • Recent price increases, including an 8% weighted average increase across the U.S. product line effective June 2, were implemented to offset rising costs and approximately $100 million in annualized tariff costs on imported anchor bolts and fasteners.
  • In the $1.5 billion component manufacturing market, where SSD holds less than a 10% share, the company is investing in software solutions, with each percentage point of share gain representing a $15 million opportunity.
Nov 18, 2025, 4:00 PM
Simpson Manufacturing Targets 20%+ EBIT Margin and Details Strategic Growth Drivers
SSD
Guidance Update
New Projects/Investments
Share Buyback
  • Simpson Manufacturing is targeting a 20%+ EBIT margin for 2026, supported by actions taken in late Q3/early Q4 2025 expected to deliver $30 million or more in annualized savings through restructuring and winding down underperforming businesses.
  • The company anticipates a slightly above flat-ish U.S. housing market in 2025, with Zonda forecasting 0.4% growth in housing starts, and expects multi-family construction to ramp up.
  • Simpson has implemented recent price increases totaling approximately $100 million, with $50 million attributed to general inflation (labor, freight, utilities) and the remainder partially offsetting a $100 million annualized cost headwind from tariffs on imported items.
  • The company is investing heavily in digital solutions and component manufacturing software, which has been one of its fastest-growing segments, with new tools like CS Producer launched and Director and a fully integrated design tool planned for release by next year.
  • Simpson plans to reduce capital expenditures to a more normal range of $75-$80 million and has increased share buyback amounts for 2025 and 2026, while also aiming to pay down approximately $350 million in debt from the Ataco acquisition.
Nov 11, 2025, 4:50 PM
Simpson Manufacturing Company Reports Strong Q3 2025 Results, Updates FY 2025 Outlook, and Announces Share Repurchase Program
SSD
Earnings
Guidance Update
Share Buyback
  • Simpson Manufacturing Company reported Q3 2025 net sales of $623.5 million, a 6.2% increase year over year, with net income totaling $107.4 million or $2.58 per fully diluted share. The consolidated operating margin was 22.6%.
  • The company initiated strategic cost savings initiatives, including a workforce reduction, expected to generate at least $30 million in annualized savings in 2026, with one-time charges of approximately $9 million to $12 million in fiscal year 2025.
  • For fiscal year 2025, the operating margin outlook has been updated to a range of 19% to 20%, and U.S. Housing starts are expected to decline mid-single digits compared to 2024 levels.
  • The Board authorized a new share repurchase program for 2026 to repurchase up to $150 million worth of shares.
Oct 27, 2025, 9:00 PM
Simpson Manufacturing Company Reports Q3 2025 Results, Updates 2025 Outlook, and Announces Cost Savings
SSD
Earnings
Guidance Update
Share Buyback
  • Simpson Manufacturing Company reported net sales of $623.5 million for Q3 2025, marking a 6.2% increase year-over-year, primarily driven by a June 2 price increase and positive foreign exchange impact.
  • Net income totaled $107.4 million, or $2.58 per fully diluted share, in Q3 2025, compared to $93.5 million or $2.21 per fully diluted share in the prior year period.
  • The company initiated strategic cost savings initiatives expected to generate annualized savings of at least $30 million in 2026, with one-time charges of approximately $9 million-$12 million in fiscal 2025, of which $3 million was incurred in Q3.
  • Management updated its fiscal 2025 operating margin outlook to 19%-20% and anticipates U.S. housing starts to decline mid-single digits compared to 2024.
  • The Board authorized a new share repurchase program for 2026 to repurchase up to $150 million worth of shares, following the repurchase of 158,865 shares for $30 million in Q3 2025.
Oct 27, 2025, 9:00 PM
Simpson Manufacturing Co., Inc. Reports Q3 2025 Results and Updates 2025 Outlook
SSD
Earnings
Guidance Update
Share Buyback
  • Simpson Manufacturing Co., Inc. reported net sales of $623.5 million for Q3 2025, a 6.2% increase year over year, and net income of $107.4 million, or $2.58 per fully diluted share.
  • The company achieved a consolidated operating margin of 22.6% in Q3 2025, which included a $12.9 million gain from the sale of a facility. Strategic cost savings initiatives are expected to yield at least $30 million in annualized savings for 2026, with $9 million to $12 million in one-time charges anticipated for fiscal 2025.
  • For the full year 2025, the operating margin guidance was updated to a range of 19% to 20%. The Board also authorized a new share repurchase program for 2026, allowing for repurchases of up to $150 million worth of shares.
Oct 27, 2025, 9:00 PM
Simpson Manufacturing Co., Inc. Announces Q3 2025 Results
SSD
Earnings
Guidance Update
Share Buyback
  • Simpson Manufacturing Co., Inc. reported net sales of $623.5 million in Q3 2025, a 6.2% increase year-over-year, and achieved an operating income margin of 22.6%, which included a $12.9 million gain from a facility sale and approximately $3 million in restructuring costs. Net income totaled $107.4 million, or $2.58 per fully diluted share.
  • The company initiated strategic cost savings initiatives, expecting to generate annualized savings of at least $30 million in 2026, with one-time charges of approximately $9 million to $12 million in fiscal 2025. These actions are in response to a continued soft housing market, with U.S. housing starts expected to decline mid single digits in 2025 compared to 2024.
  • For fiscal year 2025, the operating margin guidance was updated to a range of 19% to 20%.
  • The Board authorized a new share repurchase program for 2026 to repurchase up to $150 million worth of shares, demonstrating a commitment to returning capital to shareholders.
Oct 27, 2025, 9:00 PM