Louisiana-pacific Corp key statistics and ratios
In fiscal 2025, Louisiana-pacific Corp had return on equity of 8.6% and a net margin of 5.4%. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.
Financial ratios
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net margin | −11.4% | −2.8% | −13.6% | 1.7% | 8.5% | −3.9% | −4.7% | 6.7% | 14.3% | 14.0% | −0.2% | 20.8% | 35.2% | 28.2% | 6.9% | 14.3% | 5.4% | 2.2% |
| Return on equity | — | −3.2% | −16.3% | 2.8% | 15.7% | −6.4% | −8.3% | 13.5% | 27.9% | 23.9% | −0.4% | 44.9% | 111.5% | 81.4% | 11.9% | 26.0% | 8.6% | 3.1% |
| Return on assets | — | −1.6% | −8.0% | 1.3% | 7.3% | −3.1% | −3.9% | 7.1% | 17.4% | 15.9% | −0.2% | 25.5% | 64.3% | 47.8% | 7.4% | 16.8% | 5.6% | 2.1% |
| Effective tax rate | — | — | — | 19.2% | 18.8% | — | — | 11.6% | 23.3% | 23.4% | — | 20.0% | 23.6% | 23.6% | 29.4% | 25.0% | 25.5% | 28.6% |
| SG&A as % of revenue | 10.9% | 8.6% | 8.3% | 7.6% | 7.2% | 7.7% | 8.1% | 8.3% | 7.0% | 7.4% | 10.0% | 8.1% | 5.7% | 6.8% | 10.0% | 9.9% | 12.1% | 13.5% |
| Dividends ÷ net income | — | — | — | — | — | — | — | 0.0% | 0.0% | 18.7% | — | 13.0% | 4.8% | 6.4% | 38.8% | 17.6% | 53.4% | — |
Financial health
- Short-term assets cover short-term liabilities $773m of assets due within a year against $240m of liabilities due within a year.
- Short-term assets cover long-term liabilities $773m short-term assets against $623m of longer-dated liabilities.
- More cash than debt $228m of cash against $348m of debt.
- Debt below 40% of shareholders' equity Debt is 20% of equity.
- Debt burden no higher than five years ago Debt to equity moved from 28% to 20% over five years.
- A year's operating cash flow covers at least 20% of debt $258m of operating cash flow against $348m of debt.
- Operating profit covers interest at least five times over Operating income of $74m against $18m of interest.
Moat
Moderate moat
How hard Louisiana-pacific's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
- Returns on capital 20 / 20
Cash operating profit has been a median 21.7% of total assets over 9 years.
- Pricing power 2 / 20
Gross margin has been a median 25.4%, moving by 11.9 percentage points (standard deviation) across 9 years.
- Durability 5 / 20
Operating margin has been a median 13.9%; its worst year was 1.4%.
- Cash conversion 13 / 20
Free cash flow was positive in 8 of 10 years, at a median 10.5% of revenue.
- Discipline 20 / 20
The diluted share count fell 35.0% over five years; stock-based pay has been a median 0.5% of revenue.
AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (60 before it).
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