Simpson Manufacturing Co. (SSD) Company Report

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.

3 days ago

Transcript

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.

3 days ago

Transcript

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

Transcript

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

Transcript

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

Transcript

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

Transcript

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

Transcript

Simpson Manufacturing Co., Inc. Announces Q3 2025 Financial Results and Updates Guidance

SSD

Earnings

Share Buyback

Guidance Update

Simpson Manufacturing Co., Inc. reported net sales of $623.5 million for the third quarter of 2025, an increase of 6.2% year-over-year, and net income per diluted share of $2.58, up 16.7% year-over-year.
The company repurchased $30.0 million of common stock during Q3 2025, increased its 2025 share repurchase authorization to $120.0 million, and announced a $150.0 million share repurchase program for 2026.
A quarterly cash dividend of $0.29 per share was declared, payable on January 22, 2026.
The 2025 financial outlook was updated, with consolidated operating margin estimated to be in the range of 19.0% to 20.0% and capital expenditures between $150.0 million and $160.0 million.
Strategic cost savings initiatives implemented in Q3 2025 are expected to generate at least $30 million in annualized savings, with one-time charges of $9.0 to $12.0 million in fiscal year 2025.

Oct 27, 2025, 8:22 PM

8-K

Simpson Manufacturing Co. Announces Q3 2025 Financial Results and Updates 2025 Guidance

SSD

Earnings

Share Buyback

Guidance Update

Simpson Manufacturing Co. reported net sales of $623.5 million for the third quarter of 2025, marking a 6.2% increase year-over-year, and net income per diluted share of $2.58, up 16.7% from the prior year.
The company repurchased $30.0 million of common stock during Q3 2025, increased its 2025 share repurchase authorization to $120.0 million, and authorized up to $150.0 million for 2026. A quarterly cash dividend of $0.29 per share was also declared.
Strategic cost savings initiatives were implemented in Q3 2025, projected to generate at least $30 million in annualized savings.
For the full fiscal year 2025, the consolidated operating margin is estimated to be in the range of 19.0% to 20.0%, with capital expenditures projected between $150.0 million and $160.0 million.

Oct 27, 2025, 8:15 PM

Press Release

Simpson Manufacturing Reports Strong Q2 2025 Results and Reaffirms Full-Year Guidance

SSD

Earnings

Guidance Update

Share Buyback

Simpson Manufacturing reported Q2 2025 net sales of $631.1 million, a 5.7% increase year-over-year, with net income of $103.5 million or $2.47 per fully diluted share. Consolidated gross margin remained 46.7%, consistent with the prior year, and operating margin was 22.2%.
The company reaffirmed its full-year 2025 operating margin guidance in the range of 18.5% to 20.5% , despite expecting U.S. housing starts to be down in the low single digits compared to 2024.
Simpson Manufacturing generated $124.7 million in cash flow from operations in Q2 2025. The company repurchased 216,645 shares for $35 million and has $40 million remaining for repurchases under its current authorization through year-end 2025. It remains committed to returning at least 35% of free cash flow to stockholders.

Jul 28, 2025, 11:05 PM

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