Louisiana-Pacific Corporation (LPX) Key Metrics

NYSE: LPXValuation, returns, debt and efficiency ratios over 10 years.

LPX valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$4.90B
Enterprise value
$4.75B
P/E (TTM)
91.0
10-yr median 9.8
Forward P/E
19.1
PEG ratio
3.09
Price / sales
2.0
10-yr median 1.7
Price / book
2.6
10-yr median 3.3
EV / EBITDA
19.6
10-yr median 6.7
Dividend yield
1.71%
$1.20 a year
Beta
1.62

LPX key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

LPX valuation Price multiples at each fiscal year-end price.

P/E ratio+121.2%
38.7
2025 · hover or tap a bar for each year
2016: 18.42017: 9.8 (−46.4%)2018: 8.1 (−17.3%)2020: 8.32021: 5.6 (−33.2%)2022: 4.3 (−23.7%)2023: 28.7 (+573.8%)2024: 17.5 (−38.9%)2025: 38.7 (+121.2%)
20162025
Price / sales−16.5%
2.1
2025 · hover or tap a bar for each year
2016: 1.2 (−9.1%)2017: 1.4 (+13.9%)2018: 1.1 (−19.1%)2019: 1.6 (+39.2%)2020: 1.7 (+9.8%)2021: 2.0 (+13.0%)2022: 1.2 (−38.9%)2023: 2.0 (+64.9%)2024: 2.5 (+26.5%)2025: 2.1 (−16.5%)
20162025
Price / book−25.8%
3.3
2025 · hover or tap a bar for each year
2016: 2.3 (−8.8%)2017: 2.4 (+3.9%)2018: 1.9 (−21.0%)2019: 3.7 (+95.1%)2020: 3.4 (−8.4%)2021: 6.2 (+84.3%)2022: 3.2 (−48.2%)2023: 3.3 (+1.7%)2024: 4.4 (+34.3%)2025: 3.3 (−25.8%)
20162025
EV / EBITDA+45.3%
16.3
2025 · hover or tap a bar for each year
2016: 8.0 (−89.5%)2017: 5.0 (−37.2%)2018: 4.1 (−19.1%)2019: 33.0 (+711.7%)2020: 5.3 (−83.9%)2021: 4.1 (−21.9%)2022: 3.4 (−17.7%)2023: 13.8 (+305.7%)2024: 11.2 (−19.0%)2025: 16.3 (+45.3%)
20162025
Price / free cash flow+256.6%
62.1
2025 · hover or tap a bar for each year
2016: 12.62017: 11.8 (−6.7%)2018: 10.8 (−8.2%)2020: 7.22021: 6.2 (−12.7%)2022: 6.3 (+1.3%)2023: 318.7 (+4,938.9%)2024: 17.4 (−94.5%)2025: 62.1 (+256.6%)
20162025
Free cash flow yield−4.1 pts
1.6%
2025 · hover or tap a bar for each year
2016: 7.9% (+11.3 pts)2017: 8.5% (+0.6 pts)2018: 9.2% (+0.8 pts)2019: −0.1% (−9.3 pts)2020: 14.0% (+14.1 pts)2021: 16.0% (+2.0 pts)2022: 15.8% (−0.2 pts)2023: 0.3% (−15.5 pts)2024: 5.7% (+5.4 pts)2025: 1.6% (−4.1 pts)
20162025

LPX valuation history

Fiscal year-endToday10-year median

LPX returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

LPX debt vs cash

Total debtCash & short-term investments

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

LPX cash returned to shareholders

DividendsBuybacksFree cash flow

LPX price vs earnings per share

Share price at year-endEPS (right axis)

LPX key metrics

2016–2025
Louisiana-Pacific Corporation key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$5.65B$7.35B$5.10B$4.62B$7.68B$4.16B$3.65B$3.21B$3.83B$2.75B
Enterprise value$5.76B$7.39B$5.26B$4.64B$7.72B$4.02B$3.86B$2.68B$3.28B$2.47B
P/E ratio38.717.528.74.35.68.3—8.19.818.4
Price / sales2.12.52.01.22.01.71.61.11.41.2
Price / book3.34.43.33.26.23.43.71.92.42.3
Price / free cash flow62.117.4318.76.36.27.2—10.811.812.6
Price / operating cash flow14.812.216.14.05.26.323.06.38.18.0
EV / sales2.12.52.01.22.01.71.70.91.21.1
EV / EBITDA16.311.213.83.44.15.333.04.15.08.0
EV / free cash flow63.317.5328.56.46.36.9—9.110.111.3
Earnings yield2.6%5.7%3.5%23.5%17.9%12.0%−0.1%12.3%10.2%5.4%
Free cash flow yield1.6%5.7%0.3%15.8%16.0%14.0%−0.1%9.2%8.5%7.9%
Dividend yield1.4%1.0%1.4%1.5%0.9%1.6%1.8%2.3%1.9%2.7%
Shareholder yield (dividends + buybacks)2.5%3.9%1.4%21.0%17.8%6.4%19.3%8.9%1.9%2.7%
Share price at fiscal year-end$80.76$103.55$70.83$59.20$78.35$37.17$29.67$22.22$26.26$18.93
Per share
Revenue per share$38.69$41.42$35.85$49.41$39.95$21.42$18.78$19.58$18.73$15.37
Earnings per share$2.09$5.92$2.47$13.92$14.05$4.46−$0.04$2.73$2.67$1.03
Operating cash flow per share$5.46$8.52$4.39$14.67$15.14$5.88$1.29$3.54$3.24$2.36
Free cash flow per share$1.30$5.94$0.22$9.36$12.55$5.20−$0.03$2.05$2.23$1.50
Cash per share$4.17$4.79$3.08$4.73$3.65$4.78$1.47$6.08$6.36$4.54
Book value per share$24.73$23.54$21.62$18.38$12.60$11.02$8.06$11.77$10.99$8.23
Tangible book value per share$24.23$22.85$20.92$17.56$11.91$10.29$7.41$11.59$10.81$7.79
Dividends per share$1.11$1.04$0.96$0.88$0.67$0.58$0.53$0.52$0.51$0.51
Capex per share$4.16$2.58$4.17$5.31$2.59$0.69$1.33$1.48$1.02$0.86
Debt per share$5.73$5.35$5.25$5.06$4.05$3.47$3.19$2.44$2.57$2.59
Shares outstanding70.0M71.0M72.0M78.0M98.0M112.0M123.0M144.4M146.0M145.3M
Change in shares outstanding−1.4%−1.4%−7.7%−20.4%−12.5%−8.9%−14.8%−1.1%+0.5%+2.0%
Returns & profitability
Return on equity (ROE)8.6%26.0%11.9%81.4%111.5%44.9%−0.4%23.9%27.8%13.5%
Return on invested capital (ROIC)10.9%23.2%12.8%69.8%112.2%43.0%−1.3%36.2%40.8%16.0%
Return on assets (ROA)5.6%16.8%7.4%47.8%64.3%25.5%−0.2%15.9%17.4%7.1%
Return on tangible assets5.6%16.7%7.5%47.5%64.8%24.9%−0.3%15.9%16.1%7.6%
Free cash flow margin3.4%14.3%0.6%18.9%31.4%24.3%−0.2%10.5%11.9%9.7%
Income quality (OCF / net income)2.621.441.781.051.081.32—1.291.222.29
Financial health
Total debt$401.0M$380.0M$378.0M$395.0M$397.0M$389.0M$392.0M$352.0M$375.9M$377.0M
Cash & short-term investments$292.0M$340.0M$222.0M$369.0M$358.0M$535.0M$181.0M$878.4M$928.0M$659.3M
Net debt$109.0M$40.0M$156.0M$26.0M$39.0M−$146.0M$211.0M−$526.4M−$552.1M−$282.3M
Debt / equity0.230.230.240.280.320.320.400.210.230.32
Debt / assets0.150.150.160.170.180.190.210.140.150.19
Net debt / EBITDA0.310.060.410.020.02−0.191.80−0.80−0.85−0.92
Current ratio2.782.742.842.492.473.372.204.265.034.44
Quick ratio1.541.591.461.511.702.491.263.364.073.42
Interest coverage18.537.920.5113.6123.932.4-1.233.327.16.4
Working capital$519.0M$543.0M$504.0M$511.0M$530.0M$698.0M$338.0M$985.2M$1.09B$787.7M
Invested capital$1.84B$1.71B$1.71B$1.46B$1.27B$1.09B$1.20B$1.17B$1.05B$913.4M
Tangible asset value$1.70B$1.62B$1.51B$1.37B$1.17B$1.16B$921.0M$1.67B$1.58B$1.13B
Net current asset value−$85.0M−$43.0M−$102.0M−$62.0M−$65.0M$151.0M−$215.0M$473.3M$515.6M$181.0M
Graham number$34.07$55.97$34.68$75.89$63.12$33.23—$26.91$25.69$13.82
Graham net-net per share−$4.66−$3.94−$4.90−$3.63−$3.39−$0.35−$3.23$2.05$2.19$0.15
Capital allocation
Dividends paid$78.0M$74.0M$69.0M$69.0M$66.0M$65.0M$65.0M$74.4M$74.0M$74.0M
Share buybacks (net)$61.0M$212.0M$0$900.0M$1.30B$200.0M$638.0M$212.0M$400,000$100,000
Dividend payout ratio53.4%17.6%38.8%6.4%4.8%13.0%—18.9%19.0%49.4%
Dividends + buybacks / free cash flow152.7%67.8%431.2%132.7%111.1%45.5%—96.7%22.9%34.1%
Capex / revenue10.7%6.2%11.6%10.7%6.5%3.2%7.1%7.6%5.4%5.6%
Capex / operating cash flow76.2%30.2%94.9%36.2%17.1%11.7%102.5%42.0%31.4%36.5%
Capex / depreciation2.011.452.523.142.130.691.331.781.211.11
Stock-based compensation / revenue1.1%0.7%0.5%0.5%0.4%0.7%3.3%0.3%0.4%0.6%
R&D / revenue—0.0%0.3%0.1%0.1%—————
SG&A / revenue12.1%9.9%10.9%6.3%5.7%8.2%10.2%7.5%7.0%8.2%
Efficiency
Days sales outstanding17.517.820.014.116.526.523.017.416.716.7
Days of inventory on hand62.163.765.547.550.161.148.946.647.948.3
Days payables outstanding23.124.229.327.728.529.422.117.917.315.1
Cash conversion cycle (days)56.557.356.333.838.158.249.946.147.349.9
Receivables turnover20.9120.4918.2425.9522.1813.7915.8420.9421.8021.82
Payables turnover15.8115.0712.4613.1612.8012.4316.5220.3521.0624.13
Inventory turnover5.885.735.577.687.285.987.467.837.627.55
Asset turnover1.041.171.081.701.831.221.061.141.221.06
Average receivables$129.5M$143.5M$141.5M$148.5M$176.5M$174.0M$145.8M$135.1M$125.4M$102.3M
Average payables$134.0M$140.0M$159.5M$179.0M$152.5M$126.0M$121.5M$102.4M$89.3M$71.5M
Average inventory$360.5M$368.0M$357.0M$306.5M$268.0M$262.0M$269.0M$266.1M$246.8M$228.3M
Intangibles / total assets1.3%1.9%2.1%2.7%3.1%3.9%4.4%1.0%1.1%3.1%

Computed from LPX's annual financial statements (latest annual report filed February 17, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

LPX valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Louisiana-Pacific traded at 38.7 times earnings, against a 10-year median of 9.8. Based on the latest twelve months, the trailing P/E is 91.0 and the forward P/E is 19.1. Louisiana-Pacific earned a return on equity of 8.6% and a return on invested capital of 10.9% in fiscal 2025. It ended the year with $401.0 million of debt and $292.0 million in cash and short-term investments, net debt of $109.0 million. It returned $139.0 million to shareholders: $78.0 million in dividends and $61.0 million in share buybacks, 153% of free cash flow. The share count fell 51.8% from 145.3M to 70.0M over 9 years.

See the LPX income statement, the LPX chart for price history, or the LPX stock overview for the latest quote and news.

LPX key metrics FAQ

What is Louisiana-Pacific's P/E ratio?

Louisiana-Pacific's trailing P/E ratio is 91.0 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 19.1. At the end of fiscal 2025 it was 38.7, compared with a 10-year median of 9.8.

What is Louisiana-Pacific's EV/EBITDA?

Louisiana-Pacific's enterprise value was 16.3 times EBITDA at the end of fiscal 2025 (enterprise value $5.8 billion, EBITDA $354.0 million); the current EV/EBITDA is 19.6.

What is Louisiana-Pacific's return on equity?

Louisiana-Pacific's return on equity (ROE) was 8.6% in fiscal 2025: net income of $146.0 million on average shareholders' equity of $1.7 billion.

What is Louisiana-Pacific's ROIC?

Louisiana-Pacific's return on invested capital was 10.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Louisiana-Pacific have?

Louisiana-Pacific had total debt of $401.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.23 and $109.0 million of net debt (0.31 times EBITDA).

What is Louisiana-Pacific's dividend yield?

Louisiana-Pacific's forward dividend yield is 1.71%. Louisiana-Pacific paid $78.0 million in dividends in fiscal 2025 ($1.11 per share), a payout ratio of 53.4%.

Does Louisiana-Pacific buy back its shares?

Yes. Louisiana-Pacific spent $61.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −1.4% over the year, to 70.0M..

What is Louisiana-Pacific's free cash flow yield?

Louisiana-Pacific generated $91.0 million of free cash flow in fiscal 2025, a free cash flow yield of 1.6% on its market value at year-end ($5.7 billion).

What is Louisiana-Pacific's current ratio?

Louisiana-Pacific's current ratio was 2.78 at the end of fiscal 2025: current assets were 2.78 times current liabilities.

Building Products & Equipment key metrics