undamentalytics Newsletter

Simpson Manufacturing Co., Inc. (SSD) stock

Add holding +

NYSE: SSD NYSE Building Products Next results ~February 8, 2027

B Fundamentals grade

Simpson Manufacturing Co., Inc. is a US-listed company in the building products industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Fair value per share

~$120

Cash-flow model

Base case. Range ~$89–$160 across our lower- and higher-growth cases (0.2%–10.2% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 41% below it.

Price used: $200.54, November 2, 2026

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 3 selling0 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds219 adding, 222 cuttingOf 63 active managers that changed their stake, 33 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Simpson Manufacturing files

Where Simpson Manufacturing Co. stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $2.42bn, up 6.5% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin rose to 19.3% from 4.3% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 6 of our 6 financial-health checks. Our cash-flow model value is $123 a share, against a share price of $179.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 8, 2027 (estimated)

Simpson Manufacturing Co., Inc.'s trailing-twelve-month revenue grew 6.5% year on year, with a free-cash-flow margin of 19.3%. Where it stands out: free-cash-flow margin of 19.3% ranks 2 of 46 building products companies we cover.

Our discounted-cash-flow model values the business at ~$120 per share in the base case (~$89–$160 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 374.7% while net income grew 14.7%: a 360pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Shrinking share count. Diluted shares fell 1.4% in a year, so each share owns more of the business.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Priced above our value. The share price of $200.54 is 41% above our value per share of $120.
  • Below peers: days sales outstanding. Days sales outstanding of 66 days ranks 26 of 34 building products companies we cover (median 53 days).

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
$2.68 against an average estimate of $2.40: beat by 11.7%
Revenue
$671m, up 6.3% on a year earlier
Share reaction
+4.0% in the first session after the results on October 26, 2026, against +1.3% for the S&P 500
Guidance given
consolidated operating margin 19.7% to 20.5% (full fiscal year ending December 31, 2026); projected gain on sale of vacant land (included in operating margin outlook) $10m to $12m (full fiscal year ending December 31, 2026)
Next report
October 26, 2026; average EPS estimate $1.39

Simpson Manufacturing's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.7%
  • 1 week+10.2%
  • 1 month+15.5%
  • This year+25.0%
  • 1 year+14.4%
  • 5 years+82.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2.4B
Operating margin
20.6%
Net margin
15.6%
EPS (TTM, diluted)
$9.13

Growth

Revenue growth
+6.5%
Change in growth rate
+0.2 pts
Share count change
−1.4%

Cash

Free cash flow (TTM)
$468M
FCF margin
19.3%
Stock pay % of revenue
0.9%

Earnings

Last results
October 26, 2026
Next results (est.)
February 8, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Our research
  2. Buyback
  3. Results
  4. Dividend
  5. Results
  6. Announcement
  7. Results
  8. Guidance
  9. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

What the price is pricing in

The share price implies about 14.3% a year of cash-flow growth for five years.That is faster than the 9.0% a year revenue growth Simpson Manufacturing has delivered.

Read with care: free cash flow has swung sharply in the past year (often a one-off tax, legal or working-capital item), so the cash-flow base behind this reading may be unusually low or high.

  • Priced in14.3%
  • Last 12 months6.5%
  • 3 years a year3.9%
  • 5 years a year9.0%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($201.00, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$120
Price used
$201.00close November 3, 2026
Implied change
▼ 41%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Simpson Manufacturing Co., Inc.'s free cash flow after stock-based pay with after-tax interest added back ($246M, FY2026 Q2 TTM), growing 3% and 4.6% in the next two years (forecasts, guidance and its record), then back to 5.2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$89–~$160 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Simpson Manufacturing Co., Inc.'s free cash flow after stock-based pay ( $246M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Simpson Manufacturing Co., Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.96 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$120 ~$89–$160 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$150 ~$140–$200 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$190 ~$140–$270 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$150 ~$130–$180 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$150 ~$120–$190 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Simpson Manufacturing Co., Inc. with Building Products in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −25%
  • Revenue growth 5 points higher ▲ +32%
  • Free-cash-flow margin 1 point lower ▼ −5%
  • Last year's free-cash-flow margin change, if it persists ▲ more than doubles
  • Discount rate 1 point higher ▼ −15%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $89$120$160$214$284$375
8.5% $69$91$120$159$209$273
10% $56$74$96$126$164$213

Valuation multiples over time Market data may be delayed

Simpson Manufacturing Co., Inc.: market value and multiples by fiscal year
At fiscal year end 2015201620172018201920202021202320242025Now
Share price$30.19$39.37$52.57$50.26$75.81$89.09$133.81$194.14$163.58$160.39$200.54
Market value$1.5bn$1.9bn$2.5bn$2.3bn$3.4bn$3.9bn$5.8bn$8.3bn$6.9bn$6.7bn$8.3bn
+ Net debt (− = net cash)−$259m−$227m−$165m−$157m−$230m−$275m−$301m$51m$149m−$14m−$117m
Enterprise value$1.2bn$1.7bn$2.3bn$2.2bn$3.2bn$3.6bn$5.5bn$8.4bn$7.1bn$6.7bn$8.2bn
Multiples
Price / sales 1.9x2.2x2.6x2.2x3.0x3.1x3.7x3.8x3.1x2.9x3.4x
Price / earnings 21.9x21.2x27.1x18.5x25.4x20.9x21.9x23.5x21.5x19.5x22.0x
Price / free cash flow 17.7x33.4x41.2x17.9x19.7x22.3x54.2x24.6x43.9x22.6x17.8x
EV / EBITDA 9.0x9.9x13.6x10.3x14.5x12.5x13.5x15.2x13.7x12.2x13.7x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

81 /100

Strong moat

How hard Simpson Manufacturing'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 19.2% of total assets over 10 years.

  • Pricing power 16 / 20

    Gross margin has been a median 45.8%, moving by 1.0 percentage points (standard deviation) across 10 years.

  • Durability 16 / 20

    Operating margin has been a median 19.7%; its worst year was 14.9%.

  • Cash conversion 16 / 20

    Free cash flow was positive in 10 of 10 years, at a median 11.8% of revenue.

  • Discipline 19 / 20

    The diluted share count fell 6.4% over five years; stock-based pay has been a median 0.9% 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 (86 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Simpson Manufacturing Co., Inc.: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $9.26 +16% $2.4bn +4%
Next $9.71 +5% $2.5bn +3%

Next year's EPS estimate has moved −0.1% in 90 days, across 4 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +2.3% on 90 days ago. In the last 30 days, 1 analyst raised Simpson Manufacturing Co., Inc.'s forecast and 1 cut it.

Consensus EPS forecast Simpson Manufacturing Co., Inc., last 90 days
$9.00 $9.20 $9.40 $9.60 $9.80 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $9.06 Current fiscal year, 60 days ago: $9.06 Current fiscal year, 30 days ago: $9.12 Current fiscal year, 7 days ago: $9.12 Current fiscal year, Now: $9.26 $9.26 Next fiscal year, 90 days ago: $9.71 Next fiscal year, 60 days ago: $9.71 Next fiscal year, 30 days ago: $9.71 Next fiscal year, 7 days ago: $9.71 Next fiscal year, Now: $9.71 $9.71

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $9.06$9.71
60 days ago $9.06$9.71
30 days ago $9.12$9.71
7 days ago $9.12$9.71
Now $9.26$9.71

Earnings against estimates

Simpson Manufacturing Co., Inc.: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Sept 2026 $2.40 $2.68 +11.7%
Jun 2026 $2.69 $3.00 +11.2%
Mar 2026 $1.84 $2.14 +16.3%
Dec 2025 $1.26 $1.33 +5.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 27, 2026
  • Consolidated operating margin full fiscal year ending December 31, 2026 19.7% to 20.5%
    “Consolidated operating margin is estimated to be in the range of 19.7% to 20.5%.” source
  • Projected gain on sale of vacant land (included in operating margin outlook) full fiscal year ending December 31, 2026 $10m to $12m
    “The operating margin range includes a projected gain of $10.0 million to $12.0 million on the sale of vacant land.” source
  • Effective tax rate full fiscal year ending December 31, 2026 25% to 26%
    “The effective tax rate is estimated to be in the range of 25.0% to 26.0%, including both federal and state income tax rates as well as international income tax rates, and assuming no tax law changes are enacted.” source
  • Capital expenditures full fiscal year ending December 31, 2026 $80m to $90m
    “Capital expenditures are estimated to be in the range of $80.0 million to $90.0 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Simpson Manufacturing Co., Inc.'s revenue by +3.0% next year and +4.6% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+1.6%, weight 60%) and the company's own record (+5.2%, weight 40%) . How the weights are set.

Analyst recommendations

5 analysts, Oct 2026
Buy360%
Hold240%
Sell00%

Monthly trend

  1. Oct 20261225
  2. Sep 20261225
  3. Aug 20261225
  4. Jul 20261225

Counts of recommendations published by analysts covering Simpson Manufacturing Co., Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.1%
of tradable shares
Days to cover
4.79
at average volume
Short interest, 1 month
+39%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.3%
of shares
Employees
5,545
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +14.4%

$175.32 on October 31, 2025 to $200.54

Simpson Manufacturing Co., Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $2.3bn $2.4bn +6.5%
Net margin 14.5% 15.6% +7.7%
P/E multiple 22.3x 22.0x −1.6%
Share count 42m 42m +1.4%

Biggest factor: net margin.

Last 3 years +42.6%

$140.66 on November 3, 2023 to $200.54

Simpson Manufacturing Co., Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $2.2bn $2.4bn +12.1%
Net margin 15.8% 15.6% −0.8%
P/E multiple 17.7x 22.0x +24.0%
Share count 43m 42m +3.5%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Simpson Manufacturing Co., Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
SSD+50%−36%+125%−16%−2%+25%
Industry peers (median)+22%−24%+44%+12%−12%+4%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
SSD58%42%75%42%42%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
SSD−12%−45%−23%−25%−21%−20%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 45% from December 31, 2021 to October 20, 2022. Getting back needed a 80% gain, reached on June 29, 2023, 252 days after the low.

Price behaviour

52-week range
$156.94 – $209.38
From 52-week high
−4.2%
vs 50-day average
+12.6%
vs 200-day average
+8.4%
Volatility (1 year)
29%
Beta vs S&P 500
0.84

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±4.8%
After a week
8 up, 4 down
typical move ±4.4%
After a month
3 up, 8 down
typical move ±6.5%
Simpson Manufacturing Co., Inc.: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
October 26, 2026 +4.0% +1.3% +8.8% —
July 27, 2026 +2.3% +0.3% −0.9% −3.8%
April 27, 2026 +5.2% −0.3% +2.8% +5.1%
February 9, 2026 +5.9% +0.2% +6.0% −7.0%
October 27, 2025 +6.3% +1.4% −0.9% −5.2%
July 28, 2025 +10.8% −0.3% +9.0% +17.4%
April 28, 2025 +0.4% +0.7% +0.7% −0.4%
February 10, 2025 +2.4% +0.8% +6.7% −5.0%
October 21, 2024 −7.4% −0.2% −2.4% −5.9%
July 22, 2024 −1.2% +0.9% +5.4% −2.5%
April 22, 2024 −8.2% +2.1% −4.7% −6.3%
February 5, 2024 −3.5% −0.1% +4.1% +13.4%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Simpson Manufacturing Co., Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Simpson Manufacturing Co., Inc. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Simpson Manufacturing Co., Inc.
$2.1B $2.2B $2.3B $2.4B $2.5B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $2.2B Revenue (TTM), FY23 Q4: $2.2B Revenue (TTM), FY24 Q1: $2.2B Revenue (TTM), FY24 Q2: $2.2B Revenue (TTM), FY24 Q3: $2.2B Revenue (TTM), FY24 Q4: $2.2B Revenue (TTM), FY25 Q1: $2.2B Revenue (TTM), FY25 Q2: $2.3B Revenue (TTM), FY25 Q3: $2.3B Revenue (TTM), FY25 Q4: $2.3B Revenue (TTM), FY26 Q1: $2.4B Revenue (TTM), FY26 Q2: $2.4B $2.4B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $2.2B
FY23 Q4 $2.2B
FY24 Q1 $2.2B
FY24 Q2 $2.2B
FY24 Q3 $2.2B
FY24 Q4 $2.2B
FY25 Q1 $2.2B
FY25 Q2 $2.3B
FY25 Q3 $2.3B
FY25 Q4 $2.3B
FY26 Q1 $2.4B
FY26 Q2 $2.4B
Revenue growth, TTM YoY Simpson Manufacturing Co., Inc.
0% 2% 4% 6% 8% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 6.3% Revenue growth, TTM YoY, FY23 Q4: 4.6% Revenue growth, TTM YoY, FY24 Q1: 2.5% Revenue growth, TTM YoY, FY24 Q2: 2.2% Revenue growth, TTM YoY, FY24 Q3: 1.3% Revenue growth, TTM YoY, FY24 Q4: 0.8% Revenue growth, TTM YoY, FY25 Q1: 1.4% Revenue growth, TTM YoY, FY25 Q2: 3.0% Revenue growth, TTM YoY, FY25 Q3: 4.3% Revenue growth, TTM YoY, FY25 Q4: 4.5% Revenue growth, TTM YoY, FY26 Q1: 6.3% Revenue growth, TTM YoY, FY26 Q2: 6.5% 6.5%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 6.3%
FY23 Q4 4.6%
FY24 Q1 2.5%
FY24 Q2 2.2%
FY24 Q3 1.3%
FY24 Q4 0.8%
FY25 Q1 1.4%
FY25 Q2 3.0%
FY25 Q3 4.3%
FY25 Q4 4.5%
FY26 Q1 6.3%
FY26 Q2 6.5%
Operating margin (TTM) Simpson Manufacturing Co., Inc.
19% 20% 21% 22% 23% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 22.0% Operating margin (TTM), FY23 Q4: 21.5% Operating margin (TTM), FY24 Q1: 20.5% Operating margin (TTM), FY24 Q2: 19.9% Operating margin (TTM), FY24 Q3: 19.2% Operating margin (TTM), FY24 Q4: 19.3% Operating margin (TTM), FY25 Q1: 19.5% Operating margin (TTM), FY25 Q2: 19.5% Operating margin (TTM), FY25 Q3: 19.9% Operating margin (TTM), FY25 Q4: 19.6% Operating margin (TTM), FY26 Q1: 19.7% Operating margin (TTM), FY26 Q2: 20.6% 20.6%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 22.0%
FY23 Q4 21.5%
FY24 Q1 20.5%
FY24 Q2 19.9%
FY24 Q3 19.2%
FY24 Q4 19.3%
FY25 Q1 19.5%
FY25 Q2 19.5%
FY25 Q3 19.9%
FY25 Q4 19.6%
FY26 Q1 19.7%
FY26 Q2 20.6%
FCF margin (TTM) Simpson Manufacturing Co., Inc.
0% 10% 20% 30% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 20.9% FCF margin (TTM), FY23 Q4: 15.3% FCF margin (TTM), FY24 Q1: 14.6% FCF margin (TTM), FY24 Q2: 9.1% FCF margin (TTM), FY24 Q3: 0.7% FCF margin (TTM), FY24 Q4: 3.5% FCF margin (TTM), FY25 Q1: 3.0% FCF margin (TTM), FY25 Q2: 4.3% FCF margin (TTM), FY25 Q3: 10.2% FCF margin (TTM), FY25 Q4: 12.6% FCF margin (TTM), FY26 Q1: 14.9% FCF margin (TTM), FY26 Q2: 19.3% 19.3%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 20.9%
FY23 Q4 15.3%
FY24 Q1 14.6%
FY24 Q2 9.1%
FY24 Q3 0.7%
FY24 Q4 3.5%
FY25 Q1 3.0%
FY25 Q2 4.3%
FY25 Q3 10.2%
FY25 Q4 12.6%
FY26 Q1 14.9%
FY26 Q2 19.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Simpson Manufacturing took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $2.3B
  2. Cost of revenue $1.3B · 54.1%
  3. Gross profit $1.1B · 45.9%
  4. Selling, general and admin $544M · 23.3%
  5. Other operating costs $55.5M · 2.4%
  6. Operating income $458M · 19.6%
  7. Income tax $117M · 5.0%
  8. Net income $345M · 14.8%
Where Simpson Manufacturing's revenue went, FY2025
Revenue $2.3B
Cost of revenue $1.3B 54.1% of revenue
Gross profit $1.1B 45.9% of revenue
Selling, general and admin $544M 23.3% of revenue
Other operating costs $55.5M 2.4% of revenue
Operating income $458M 19.6% of revenue
Income tax $117M 5.0% of revenue
Net income $345M 14.8% of revenue

Shares of revenue. Source: Simpson Manufacturing's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Simpson Manufacturing Co., Inc.: annual financial statements
Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 527 555 603 656 705 752 794 861 977 1,079 1,137 1,268 1,573 2,116 2,214 2,232 2,333 2,422
Gross profit 185 244 271 282 314 342 359 410 443 480 492 576 755 941 1,042 1,024 1,070 1,107
EBITDA 61 101 95 89 109 127 136 169 172 212 220 291 410 520 550 515 548 599
Operating income 31 78 74 62 81 99 109 141 138 173 181 252 368 459 475 430 458 499
Net income 12 29 51 42 51 64 68 90 93 127 134 187 266 334 354 322 345 379
Diluted EPS $0.25 $0.58 $1.04 $0.87 $1.05 $1.29 $1.38 $1.86 $1.94 $2.72 $2.98 $4.27 $6.12 $7.76 $8.26 $7.60 $8.24 $9.13
Growth (year on year)
Revenue −22.2% +5.5% +8.6% +8.7% +7.5% +6.6% +5.6% +8.4% +13.5% +10.4% +5.4% +11.6% +24.1% +34.5% +4.6% +0.8% +4.5% +6.5%
EBITDA −49.0% +66.4% −6.4% −6.6% +23.1% +16.7% +6.8% +24.5% +1.7% +23.3% +3.6% +32.5% +40.9% +26.7% +5.8% −6.3% +6.3% +13.0%
Operating income −64.7% +149.0% −5.6% −16.7% +32.0% +21.8% +9.8% +29.5% −2.1% +24.8% +5.0% +39.2% +45.7% +24.8% +3.5% −9.5% +6.5% +12.4%
Net income −77.3% +134.0% +78.1% −17.6% +21.6% +24.6% +6.9% +32.2% +3.2% +36.7% +5.8% +39.6% +42.5% +25.4% +6.0% −9.0% +7.1% +14.7%
Diluted EPS −77.3% +132.0% +79.3% −16.3% +20.7% +22.9% +7.0% +34.8% +4.3% +40.2% +9.6% +43.3% +43.3% +26.8% +6.4% −8.0% +8.4% +16.3%
Margins
Gross margin 35.1% 44.0% 44.9% 43.0% 44.5% 45.5% 45.2% 47.6% 45.4% 44.5% 43.3% 45.5% 48.0% 44.5% 47.1% 45.9% 45.9% 45.7%
EBITDA margin 11.6% 18.2% 15.7% 13.5% 15.5% 16.9% 17.1% 19.7% 17.6% 19.7% 19.3% 23.0% 26.1% 24.6% 24.8% 23.1% 23.5% 24.7%
Operating margin 6.0% 14.1% 12.3% 9.4% 11.6% 13.2% 13.7% 16.4% 14.2% 16.0% 15.9% 19.9% 23.4% 21.7% 21.5% 19.3% 19.6% 20.6%
Net margin 2.3% 5.1% 8.4% 6.4% 7.2% 8.4% 8.5% 10.4% 9.5% 11.7% 11.8% 14.7% 16.9% 15.8% 16.0% 14.4% 14.8% 15.6%
Free-cash-flow margin 21.1% 8.8% 1.5% 7.0% 12.7% 5.8% 10.5% 6.6% 6.2% 12.1% 15.2% 13.8% 6.8% 15.9% 15.3% 7.1% 12.8% 19.3%
Cash flow
Cash from operations 126 77 35 68 107 67 118 99 119 160 206 208 151 400 427 338 459 574
Capital spending 15 28 26 22 17 24 34 42 58 29 33 33 44 62 89 180 161 106
Free cash flow 111 49 9 46 90 44 84 57 61 131 173 175 108 337 338 158 298 468
Stock-based pay 2 4 7 11 13 13 12 14 14 11 10 14 18 15 24 19 23 23
Free cash flow after stock pay 109 45 2 35 77 30 72 43 47 120 163 161 90 322 314 139 275 446
Balance sheet
Cash 250 335 176 176 251 260 259 227 169 160 230 275 301 301 430 239 384 451
Total debt 0 0 0 — 0 0 0 0 4 3 0 0 0 577 481 388 371 333
Net debt (negative = net cash) −250 −335 −176 −176 −251 −260 −259 −227 −165 −157 −230 −275 −301 276 51 149 −14 −117
Diluted shares 49m 50m 49m 48m 49m 49m 49m 48m 48m 47m 45m 44m 44m — 43m 42m 42m 42m
Returned to shareholders
Dividends 20 20 23 30 18 26 29 33 37 40 40 40 42 44 45 47 48 48
Buybacks — — 53 0 10 3 47 54 70 111 61 76 24 79 50 100 120 159
Total returned 20 20 77 30 28 29 76 86 107 150 101 117 66 123 95 147 168 207

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

6 of 6 checks passed · June 30, 2026
What it owns · $3.1bn
Short-term assets $1.5bnLonger-term assets $1.7bn
What it owes, and who funded it · $3.1bn
Short-term liabilities $447mLonger-term liabilities $566mShareholders' equity $2.1bn
  • Short-term assets cover short-term liabilities $1.5bn of assets due within a year against $447m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.5bn short-term assets against $566m of longer-dated liabilities.
  • More cash than debt $451m of cash against $308m of debt.
  • Debt below 40% of shareholders' equity Debt is 15% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $574m of operating cash flow against $308m of debt.
  • Operating profit covers interest at least five times over No material interest expense reported.

From Simpson Manufacturing Co., Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$159M
Dividends (TTM)
$48M
Returned to shareholders
44%
of free cash flow
Buybacks, last 3 fiscal years
$270M
Diluted share count
−1.4%
year over year
Total shareholder yield
2.5%
dividends 0.6% + buybacks 1.9% of market value
Dividend payout ratio
13%
of net income paid out
Days sales outstanding
66 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in building products
Growth, margins and cash generation against peers
Last 12 months unless stated SSD SPXC WTS MBC AAON NX Median
Revenue, last 12 months $2.4bn $2.6bn $2.7bn $2.8bn $1.9bn $1.9bn $1.8bn
Revenue growth, last 12 months 6.5% 20.2% 17.1% −0.0% 53.5% 1.3% 3.7%
Revenue growth, 3-year average 3.9% 15.2% 10.3% −2.7% 22.7% 17.7% 3.6%
Revenue growth, latest quarter 6.3% 20.5% 18.6% 11.5% 101.2% 1.3% 8.0%
Gross margin 45.7% 39.9% 48.9% 26.9% 25.6% 26.6% 32.0%
Operating margin 20.6% 16.1% 19.1% −1.1% 11.0% 6.0% 7.0%
Operating margin, 3-year average 20.0% 15.5% 17.9% 5.7% 14.5% 0.6% 10.7%
Net margin 15.6% 11.5% 14.3% −3.5% 8.2% 2.4% 5.1%
Cash from operations / revenue 23.7% 14.4% 14.9% 5.3% 4.5% 7.8% 12.4%
Free-cash-flow margin 19.3% 8.7% 13.1% 2.7% −0.4% 4.9% 8.9%
Free-cash-flow margin, 3-year average 10.9% 10.7% 13.6% 5.8% 3.0% 4.9% 8.5%
Stock pay / revenue 0.9% 0.7% 0.9% 0.8% 1.0% 0.2% 0.7%
Change in share count −1.4% 6.2% 0.0% 3.0% 0.0% −2.4% −0.6%

Median of all 46 companies we cover in building products. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

46 building products companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 6.5% 4.0% 20 of 46
Change in growth rate Growth +0.2pp +0.8pp 26 of 46
Gross margin Profitability 45.7% 32.1% 6 of 43
Operating margin Profitability 20.6% 7.2% 6 of 45
Net margin Profitability 15.6% 5.6% 4 of 46
Free-cash-flow margin Cash generation 19.3% 9.1% 2 of 46
Stock pay as % of revenue Cash generation 0.9% 0.7% 25 of 41
Long-term debt as % of assets Balance sheet 9.3% 25.7% 6 of 37
Change in share count Balance sheet -1.4% -0.6% 19 of 44
Days sales outstanding Balance sheet 66 days 53 days 26 of 34

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Wood Construction $2B 84.4% ▲ 3.6%
Concrete Construction $361M 15.5% ▲ 9.1%
Other Products $4.5M 0.2% ▲ 116.4%
Geography
Region Revenue YoY
North America $1.8B ▲ 4.5%
United States $1.7B ▲ 4.5%
Europe $500M ▲ 4.3%
France $186M ▼ 17.5%
Canada $95.5M ▲ 5.8%
BE $65.8M ▲ 274.8%
PL $53.4M ▲ 17.4%
IT $52.5M ▼ 6.3%
Germany $50.8M ▲ 5.5%
Other Countries $31.4M ▼ 2.2%
United Kingdom $26M ▼ 11.2%
Asia Pacific $19.4M ▲ 12.7%
DK $19.3M ▲ 51.7%
SE $17.1M ▲ 22.8%
Australia $12.8M ▲ 5.1%
NO $8.5M ▲ 0.9%

These categories overlap or exclude eliminations, so shares aren't shown.

From Simpson Manufacturing Co., Inc.'s 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$8.6B
Institutions reporting
483
Shares held vs prior quarter
▲ 0.4%
Positions opened / closed
66 / 44

Top buyers and sellers, Q2 2026: 219 institutions bought and 222 sold ; the biggest buyer was FMR LLC (+1.0M shares) and the biggest seller Valueact Holdings, L.P (−567K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $862M 4.1M 10.0% ▲ 2.1%
FMR LLC $768M 3.7M 8.9% ▲ 38.7%
Kayne Anderson Rudnick Investment Management LLC $747M 3.6M 8.7% ▼ 8.2%
Vanguard Portfolio Management LLC $403M 1.9M 4.7% ▼ 0.2%
Vanguard Capital Management LLC $388M 1.9M 4.5% ▼ 0.5%
State Street Corp $274M 1.3M 3.2% ▲ 2.9%
Morgan Stanley $251M 1.2M 2.9% ▼ 7.4%
Baker Avenue Asset Management, LP $191M 915K 2.2% 0.0%
Dimensional Fund Advisors LP $186M 888K 2.2% ▲ 2.0%
Quantinno Capital Management LP $180M 862K 2.1% ▲ 0.5%
Valueact Holdings, L.P. $174M 831K 2.0% ▼ 40.6%
Geode Capital Management, LLC $164M 783K 1.9% ▼ 0.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Simpson Manufacturing Co., Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Olosky Michael President and CEO September 10, 2026 Sell 3,502 $172.84 $605,286
Andrasick James S Director August 4, 2026 Sell 800 $195.62 $156,496
Donaldson Philip E Director December 12, 2025 Sell 2,375 $168.16 $399,380
Andrasick James S Director November 11, 2025 Sell 600 $170.00 $102,000

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around February 8, 2027 estimated from the company's past filing pattern, not announced

  • October 26, 2026
  • July 27, 2026
  • April 27, 2026
  • February 9, 2026
  • October 27, 2025
  • July 28, 2025

Recent SEC filings

Data status

When each part of this page on Simpson Manufacturing Co., Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Simpson Manufacturing Co., Inc. in brief

What does Simpson Manufacturing Co., Inc. do?
Simpson Manufacturing Co., Inc. is a US-listed company in the building products industry. Its financial year ends in December.
What is Simpson Manufacturing Co., Inc.'s stock ticker?
Simpson Manufacturing Co., Inc. trades under the ticker SSD on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Simpson Manufacturing Co., Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Simpson Manufacturing Co., Inc. reported revenue of $2.4B, 6.5% higher than a year earlier, according to its SEC filings.
What is Simpson Manufacturing Co., Inc.'s free cash flow?
Simpson Manufacturing Co., Inc.'s free-cash-flow margin is 19.3% of revenue over the trailing twelve months, ranking 2 of the 46 building products companies we cover.
What is Simpson Manufacturing Co., Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Simpson Manufacturing Co., Inc.'s free cash flow after stock-based pay gives ~$120 per share in the base case, and ~$89–$160 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Simpson Manufacturing Co., Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., FMR LLC and Kayne Anderson Rudnick Investment Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Simpson Manufacturing Co., Inc. buying back stock, and does it pay a dividend?
Simpson Manufacturing Co., Inc. spent $159M on share repurchases over the trailing twelve months, and its diluted share count fell 1.4% over the year.
What is Simpson Manufacturing Co., Inc.'s market cap?
On November 2, 2026, Simpson Manufacturing Co., Inc.'s market capitalisation was about $8.3B, with a price-to-earnings ratio of 22.0 and net debt of -$117M. Market figures come from third-party market data and may be delayed.
Does Simpson Manufacturing Co., Inc. pay a dividend?
Yes: Simpson Manufacturing Co., Inc. paid $48M in dividends over the trailing twelve months, a dividend yield of 0.58% and a payout ratio of 12.7%.
How much debt does Simpson Manufacturing Co., Inc. have?
Simpson Manufacturing Co., Inc.'s debt-to-equity ratio is 14.5%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Simpson Manufacturing Co., Inc.'s competitors?
In our Building Products peer group, the companies closest to Simpson Manufacturing Co., Inc. are SPX Technologies, Inc., Watts Water Technologies Inc, Masterbrand, Inc., AAON, Inc. and Quanex Building Products Corp. The side-by-side comparison below sets their revenue, margins and growth against Simpson Manufacturing Co., Inc.'s.
Are insiders buying or selling Simpson Manufacturing Co., Inc. stock?
Over the last 12 months, Simpson Manufacturing Co., Inc.'s directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Simpson Manufacturing Co., Inc.'s next earnings date?
Around February 8, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Simpson Manufacturing Co., Inc. announces its own schedule.