Louisiana-Pacific (LPX) FY2024 results: revenue $2.9 billion, up 13.9% on the year
Louisiana-Pacific Corp. (LPX) reported revenue of $2.9 billion for fiscal 2024, the year ended 31 December 2024, up 13.9% on the year before. Net income was $420 million, up 136.0%, and diluted earnings per share $5.89. The figures are the company's own, from the 10-K it filed with the SEC on 19 February 2025.
Revenue
$2.9 billion
+13.9% on the year
FY2017FY2024
Operating margin
18.0%
11.1% a year earlier
FY2017FY2024
Net income
$420 million
+136.0% on the year
FY2017FY2024
Diluted EPS
$5.89
+139.4% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
605
316
1,144
+91.5%
Capital expenditure
183
300
414
-39.0%
Free cash flow
422
16.0
730
+2,537.5%
Free cash flow margin
14.3%
0.6%
18.9%
Cash from investing
-183
-376
-146
Cash from financing
-292
-77.0
-982
Depreciation and amortisation
123
119
129
+3.4%
Share-based compensation
20.0
13.0
n/a
+53.8%
Buybacks
212
0.0
900
Dividends paid
74.0
69.0
69.0
+7.2%
Dividend per share
$0.26
$0.24
$0.22
+8.3%
Diluted shares, weighted
71m
72m
78m
-1.4%
Shares outstanding at period end
70m
72m
72m
-3.0%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
1,671
1,557
1,433
+7.3%
Redeemable equity
n/a
n/a
0.0
Debt
348
347
346
+0.3%
Operating lease liabilities
24.0
25.0
41.0
-4.0%
Other liabilities
513
508
530
+1.0%
Total liabilities and equity
2,556
2,437
2,350
+4.9%
Fixed assets
1,579
1,540
1,326
+2.5%
Goodwill
19.0
19.0
19.0
0.0%
Intangible assets
30.0
32.0
45.0
-6.2%
Cash and equivalents
340
222
369
+53.2%
Receivables
131
155
127
-15.5%
Inventory
357
378
337
-5.6%
Other assets
100
91.0
127
+9.9%
Total assets
2,556
2,437
2,350
+4.9%
10-K for the year ended 31 December 2024, filed 19 February 2025: the filing.