Louisiana-Pacific Corporation (LPX) Balance Sheet

NYSE: LPXAssets, liabilities, debt and equity over 10 years.

LPX balance sheet, 2025

December 31, 2025 · U.S. dollars

$2.63B assets = $895.0M liabilities + $1.73B equity

Both columns are drawn to the same scale: what LPX owns equals what it owes plus shareholders’ equity. Hover a block for its value.

LPX financial health

Current ratio2.78

Comfortable · current assets cover current liabilities 2.78×

Debt / equity0.23

Low leverage · $0.23 of debt for each $1 of equity

Equity / assets65.9%

Equity-funded · of assets funded by shareholders

Cash / debt72.8%

Partial cover · cash & short-term investments vs total debt

Goodwill & intangibles1.3%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

LPX balance sheet trends, 2016–2025

Louisiana-Pacific Corporation balance sheet trends
Metric	Then	Latest	Change
Total assets	$2.03B2016	$2.63B2025	+2.9%/yr
Total liabilities	$835.5M2016	$895.0M2025	+0.8%/yr
Shareholders’ equity	$1.20B2016	$1.73B2025	+4.2%/yr
Cash & short-term investments	$659.3M2016	$292.0M2025	−8.7%/yr
Total debt	$377.0M2016	$401.0M2025	+0.7%/yr
Net cash (debt)	$282.3M2016	−$109.0M2025	−$391.3M
Working capital	$787.7M2016	$519.0M2025	−$268.7M
Book value per share	$8.232016	$24.732025	+13.0%/yr
Current ratio	4.442016	2.782025	−1.66
Debt / equity	0.322016	0.232025	−0.08
Shares outstanding	145.3M2016	70.0M2025	−7.8%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

LPX assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

LPX liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

LPX debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

LPX balance sheet

Louisiana-Pacific Corporation annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	$292.0M	$340.0M	$222.0M	$369.0M	$358.0M	$535.0M	$181.0M	$878.4M	$928.0M	$659.3M
Cash & equivalents	$292.0M	$340.0M	$222.0M	$369.0M	$358.0M	$535.0M	$181.0M	$878.4M	$928.0M	$659.3M
Short-term investments	—	—	—	—	—	$11.0M	—	—	$0	$0
Receivables	$127.0M	$132.0M	$155.0M	$128.0M	$169.0M	$184.0M	$164.0M	$127.6M	$142.5M	$108.3M
Inventory	$363.0M	$358.0M	$378.0M	$336.0M	$277.0M	$259.0M	$265.0M	$273.0M	$259.1M	$234.6M
Other current assets	$28.0M	$25.0M	$23.0M	$21.0M	$86.0M	$15.0M	$9.0M	$8.2M	$30.0M	$14.3M
Total current assets	$810.0M	$855.0M	$778.0M	$854.0M	$890.0M	$993.0M	$619.0M	$1.29B	$1.36B	$1.02B
Property, plant & equipment (net)	$1.73B	$1.62B	$1.56B	$1.37B	$1.09B	$958.0M	$1.01B	$1.01B	$926.1M	$891.4M
Goodwill & intangible assets	$35.0M	$49.0M	$51.0M	$64.0M	$68.0M	$81.0M	$80.0M	$26.0M	$26.7M	$63.2M
Long-term investments	$17.0M	$17.0M	$5.0M	$6.0M	$21.0M	$11.0M	$10.0M	$49.4M	$7.8M	$28.4M
Other non-current assets	$33.0M	$31.0M	$38.0M	$56.0M	$125.0M	$43.0M	$117.0M	$141.5M	$128.3M	$31.7M
Total assets	$2.63B	$2.57B	$2.44B	$2.35B	$2.19B	$2.09B	$1.83B	$2.51B	$2.45B	$2.03B
Liabilities
Accounts payable	$129.0M	$139.0M	$141.0M	$178.0M	$180.0M	$125.0M	$127.0M	$116.0M	$88.8M	$89.9M
Short-term debt	$9.0M	$8.0M	$6.0M	$8.0M	$7.0M	$8.0M	$8.0M	$5.0M	$25.1M	$2.6M
Deferred revenue	—	—	−$127.0M	$113.0M	—	—	—	$24.5M	$7.5M	−$66.7M
Total current liabilities	$291.0M	$312.0M	$274.0M	$343.0M	$360.0M	$295.0M	$281.0M	$302.0M	$270.1M	$228.8M
Long-term debt	$348.0M	$348.0M	$347.0M	$346.0M	$346.0M	$348.0M	$348.0M	$346.9M	$350.8M	$374.4M
Lease obligations	$31.0M	$32.0M	$31.0M	$49.0M	$51.0M	$32.0M	$45.0M	—	—	—
Other long-term liabilities	$256.0M	$238.0M	$259.0M	$227.0M	$249.0M	$199.0M	$205.0M	$165.1M	$223.1M	$232.3M
Total liabilities	$895.0M	$898.0M	$880.0M	$916.0M	$955.0M	$842.0M	$834.0M	$813.9M	$844.0M	$835.5M
Shareholders' equity
Common stock & paid-in capital	$85.0M	$86.0M	$88.0M	$88.0M	$102.0M	$124.0M	$130.0M	$153.4M	$153.4M	$153.4M
Retained earnings (deficit)	$1.62B	$1.61B	$1.48B	$1.37B	$1.24B	$1.21B	$966.0M	$1.61B	$1.28B	$890.3M
Treasury stock	—	—	—	−$388.0M	−$390.0M	−$397.0M	−$406.0M	−$377.6M	−$177.5M	−$189.0M
Accumulated other comprehensive income	−$98.0M	−$122.0M	−$89.0M	−$99.0M	−$174.0M	−$151.0M	−$153.0M	−$146.4M	−$122.1M	−$137.2M
Minority interest	—	—	—	$0	—	—	—	—	$0	$0
Total shareholders' equity	$1.73B	$1.67B	$1.56B	$1.43B	$1.24B	$1.23B	$991.0M	$1.70B	$1.60B	$1.20B
Key figures
Total debt	$401.0M	$380.0M	$378.0M	$395.0M	$397.0M	$389.0M	$392.0M	$352.0M	$375.9M	$377.0M
Net cash (debt)	−$109.0M	−$40.0M	−$156.0M	−$26.0M	−$39.0M	$146.0M	−$211.0M	$526.4M	$552.1M	$282.3M
Working capital	$519.0M	$543.0M	$504.0M	$511.0M	$530.0M	$698.0M	$338.0M	$985.2M	$1.09B	$787.7M
Tangible book value	$1.70B	$1.62B	$1.51B	$1.37B	$1.17B	$1.15B	$911.0M	$1.67B	$1.58B	$1.13B
Book value per share	$24.73	$23.54	$21.62	$18.38	$12.60	$11.02	$8.06	$11.77	$10.99	$8.23
Shares outstanding	70.0M	71.0M	72.0M	78.0M	98.0M	112.0M	123.0M	144.4M	146.0M	145.3M
Current ratio	2.78	2.74	2.84	2.49	2.47	3.37	2.20	4.26	5.03	4.44
Quick ratio	1.44	1.51	1.38	1.45	1.46	2.44	1.23	3.33	3.96	3.35
Debt / equity	0.23	0.23	0.24	0.28	0.32	0.32	0.40	0.21	0.23	0.32
Equity / assets	65.9%	65.0%	63.9%	61.0%	56.3%	59.2%	54.0%	67.6%	65.5%	58.9%

Louisiana-Pacific Corporation quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	$228.0M	$164.0M	$292.0M	$316.0M	$333.0M	$256.0M	$340.0M	$346.0M	$317.0M	$244.0M	$222.0M	$160.0M
Cash & equivalents	$228.0M	$164.0M	$292.0M	$316.0M	$333.0M	$256.0M	$340.0M	$346.0M	$317.0M	$244.0M	$222.0M	$160.0M
Receivables	$176.0M	$155.0M	$127.0M	$158.0M	$168.0M	$158.0M	$132.0M	$137.0M	$161.0M	$180.0M	$155.0M	$181.0M
Inventory	$373.0M	$416.0M	$363.0M	$357.0M	$370.0M	$400.0M	$358.0M	$373.0M	$372.0M	$398.0M	$378.0M	$378.0M
Other current assets	$0	$26.0M	$28.0M	$31.0M	$24.0M	$25.0M	$25.0M	$29.0M	$33.0M	$20.0M	$23.0M	$26.0M
Total current assets	$773.0M	$761.0M	$810.0M	$862.0M	$895.0M	$839.0M	$855.0M	$885.0M	$883.0M	$842.0M	$778.0M	$745.0M
Property, plant & equipment (net)	$1.75B	$1.74B	$1.73B	$1.69B	$1.66B	$1.63B	$1.62B	$1.59B	$1.56B	$1.56B	$1.56B	$1.55B
Goodwill & intangible assets	$26.0M	$33.0M	$35.0M	$44.0M	$47.0M	$48.0M	$49.0M	$49.0M	$49.0M	$50.0M	$51.0M	$51.0M
Long-term investments	$18.0M	$18.0M	$17.0M	$17.0M	$18.0M	$18.0M	$17.0M	$18.0M	$1.0M	$6.0M	$5.0M	$6.0M
Other non-current assets	$39.0M	$31.0M	$33.0M	$34.0M	$34.0M	$34.0M	$31.0M	$32.0M	$32.0M	$32.0M	$38.0M	$32.0M
Total assets	$2.61B	$2.58B	$2.63B	$2.65B	$2.66B	$2.57B	$2.57B	$2.58B	$2.53B	$2.49B	$2.44B	$2.38B
Liabilities
Accounts payable	$122.0M	$122.0M	$129.0M	$126.0M	$156.0M	$146.0M	$139.0M	$282.0M	$258.0M	$242.0M	$141.0M	$264.0M
Short-term debt	$9.0M	$9.0M	$9.0M	$8.0M	$8.0M	$8.0M	$8.0M	$0	—	—	$6.0M	$0
Deferred revenue	—	—	—	—	—	—	—	—	—	—	−$127.0M	—
Total current liabilities	$240.0M	$233.0M	$291.0M	$294.0M	$315.0M	$276.0M	$312.0M	$304.0M	$261.0M	$253.0M	$274.0M	$266.0M
Long-term debt	$348.0M	$348.0M	$348.0M	$348.0M	$348.0M	$348.0M	$348.0M	$347.0M	$347.0M	$347.0M	$347.0M	$347.0M
Lease obligations	$29.0M	$30.0M	$31.0M	$30.0M	$30.0M	$31.0M	$32.0M	$25.0M	$23.0M	$24.0M	$31.0M	$35.0M
Other long-term liabilities	$275.0M	$269.0M	$256.0M	$268.0M	$251.0M	$254.0M	$238.0M	$259.0M	$262.0M	$269.0M	$259.0M	$266.0M
Total liabilities	$863.0M	$850.0M	$895.0M	$910.0M	$914.0M	$878.0M	$898.0M	$910.0M	$870.0M	$869.0M	$880.0M	$879.0M
Shareholders' equity
Common stock & paid-in capital	$85.0M	$85.0M	$85.0M	$85.0M	$85.0M	$85.0M	$86.0M	$86.0M	$87.0M	$88.0M	$88.0M	$88.0M
Retained earnings (deficit)	$1.63B	$1.63B	$1.62B	$1.65B	$1.66B	$1.62B	$1.61B	$1.59B	$1.59B	$1.55B	$1.48B	$1.44B
Accumulated other comprehensive income	−$103.0M	−$103.0M	−$98.0M	−$109.0M	−$104.0M	−$110.0M	−$122.0M	−$100.0M	−$109.0M	−$104.0M	−$89.0M	−$98.0M
Total shareholders' equity	$1.74B	$1.73B	$1.73B	$1.74B	$1.74B	$1.69B	$1.67B	$1.67B	$1.66B	$1.62B	$1.56B	$1.50B
Key figures
Total debt	$377.0M	$378.0M	$401.0M	$378.0M	$378.0M	$379.0M	$380.0M	$372.0M	$370.0M	$371.0M	$378.0M	$382.0M
Net cash (debt)	−$149.0M	−$214.0M	−$109.0M	−$62.0M	−$45.0M	−$123.0M	−$40.0M	−$26.0M	−$53.0M	−$127.0M	−$156.0M	−$222.0M
Working capital	$533.0M	$528.0M	$519.0M	$568.0M	$580.0M	$563.0M	$543.0M	$581.0M	$622.0M	$589.0M	$504.0M	$479.0M
Tangible book value	$1.72B	$1.70B	$1.70B	$1.70B	$1.70B	$1.64B	$1.62B	$1.62B	$1.61B	$1.57B	$1.51B	$1.45B
Book value per share	$24.91	$24.71	$24.73	$24.84	$24.89	$24.17	$23.87	$23.46	$23.04	$22.47	$21.62	$20.85
Shares outstanding	70.0M	70.0M	70.0M	70.0M	70.0M	70.0M	70.0M	71.0M	72.0M	72.0M	72.0M	72.0M
Current ratio	3.22	3.27	2.78	2.93	2.84	3.04	2.74	2.91	3.38	3.33	2.84	2.80
Quick ratio	1.68	1.37	1.44	1.61	1.59	1.50	1.51	1.59	1.83	1.68	1.38	1.28
Debt / equity	0.22	0.22	0.23	0.22	0.22	0.22	0.23	0.22	0.22	0.23	0.24	0.25
Equity / assets	66.9%	67.0%	65.9%	65.6%	65.6%	65.8%	65.0%	64.7%	65.6%	65.1%	63.9%	63.1%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 17, 2026); data from EODHD.

LPX financial position

At the end of fiscal 2025 (December 31, 2025), Louisiana-Pacific had total assets of $2.6 billion (up 2.3% from a year earlier), total liabilities of $895.0 million and shareholders' equity of $1.7 billion. It held $292.0 million in cash and short-term investments against $401.0 million of debt, net debt of $109.0 million. Its current ratio was 2.78. In the latest quarter (ended June 30, 2026) total assets were $2.6 billion and equity $1.7 billion.

Related: LPX income statement, LPX cash flow statement, LPX key metrics. See the LPX stock overview for the latest quote and news.

LPX balance sheet FAQ

What are Louisiana-Pacific's total assets?

Louisiana-Pacific reported total assets of $2.6 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.6 billion a year earlier.

How much debt does Louisiana-Pacific have?

Louisiana-Pacific had $401.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.23.

How much cash does Louisiana-Pacific have?

Louisiana-Pacific held $292.0 million in cash and short-term investments at the end of fiscal 2025; with $401.0 million of debt that is net debt of $109.0 million.

What is Louisiana-Pacific's book value?

Louisiana-Pacific's shareholders' equity (book value) was $1.7 billion at the end of fiscal 2025, or $24.73 per share.

What is Louisiana-Pacific's current ratio?

Louisiana-Pacific had current assets of $810.0 million and current liabilities of $291.0 million, a current ratio of 2.78 (it can cover its short-term obligations).

How much goodwill does Louisiana-Pacific have?

Louisiana-Pacific carried $35.0 million of goodwill and intangible assets, 1.3% of total assets, at the end of fiscal 2025.