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LPX

Louisiana-Pacific Corporation

LPX · NYSEMaterials
The economic chain
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Raw inputs
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Raw inputsore, oil, gas, air & landMining &extractiondigging it upChemicals,metals & gasesrefining & reactingFinishedmaterialspaints, packaging, aggreg…Distribution &logisticshow it gets thereCustomers &end marketswho paysT&WFTimber & wood fibreR&WResins & waxC&ICapital & investorsLOGLoggers & landownersWYWeyerhaeuserLPXLouisiana-PacificWFGWest FraserLSSLP SmartSide sidingOSPOSB structural panelsLSSLP Structural SolutionsBOXHome-center retailPLDPro lumber dealersDISTBuilding-products distributorsR&RRepair & remodelBLDHomebuildersOB&SOutdoor buildings & sheds
Company details
Market cap
$5.1B
P/E ratio
34×
Div yield
1.7%
EPS (TTM)
$2.08
Profit margin
5%
Rev. growth
-8%
Revenue
$2.7B
Free cash flow
$0.3B
In plain English
LP Building Solutions turns fast-growing aspen and pine strands into two very different businesses: LP SmartSide engineered-wood siding — a branded, high-margin growth franchise with real pricing power — and commodity OSB structural panels, whose prices swing violently with US housing starts. It sources ~68% of its fibre within 100 miles of its mills and sells to homebuilders and the repair-and-remodel market.
In simple terms
What Louisiana-Pacific Corporation really sells
LP Building Solutions turns fast-growing aspen and pine strands into two very different businesses: LP SmartSide engineered-wood siding — a branded, high-margin growth franchise with real pricing power — and commodity OSB structural panels, whose prices swing violently with US housing starts. It sources ~68% of its fibre within 100 miles of its mills and sells to homebuilders and the repair-and-remodel market.
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Risk read
Cyclical
SteadierMore speculative
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