LOUISIANA-PACIFIC CORP
$75.85
+1.05 (+1.40%) · delayed · Nov 13, 2026
Five-year price
52w $62.18 to $100.34
- Market cap
- $5.3B
- Enterprise value
- $5.4B
- P/E
- 36.5×
- 21.8× on 3y avg EPS
- EV / EBIT
- 25.6×
- FCF yield
- 1.7%
- ROIC
- 8.7%
- Debt / equity
- 0.20
- Piotroski F
- 5/9
Value scorecard · FY2025
Does it pass the value tests?
Quality
50
- ●ROIC > 12% (5y avg)5y avg ROIC 44.1%
- ●ROE > 15% (5y avg)5y avg ROE 46.5%
- ○Stable operating marginsMargin volatility 13.7% (σ, 5y)
- ○Earnings convert to cashFCF / net income 66% (5y avg)
- ○Growing revenueRevenue CAGR 5y 2.5%
- ●Shrinking share countDiluted shares -37.5% over 5y
Value
0
- ○P/E below 15P/E 36.5
- ○EV/EBIT below 12EV/EBIT 25.6
- ○FCF yield above 6%FCF yield 1.7%
- ○Price below Graham NumberGraham Number $34.04
- ○P/B below 3P/B 3.1
Safety
80
- ●Debt / equity below 0.5D/E 0.20
- ●Debt payable in < 4 yrs of earningsNet debt $0.1B
- ●Interest coverage > 8xCoverage 12.3x
- ●Current ratio > 1.5Current ratio 2.78
- ○Piotroski F-score ≥ 6F-score 5/9
Graham Defensive
43
- ●Adequate size (revenue > $2B)Revenue $2.7B
- ●Strong condition (current ratio ≥ 2)Current ratio 2.78
- ○Earnings stability (no loss, 10y)10 years of data
- ○Uninterrupted dividendsDividends paid every year on record
- ●Earnings growth ≥ 33% (10y, 3y avgs)EPS growth 62%
- ○Moderate P/E (≤ 15 on 3y avg EPS)P/E (3y avg) 21.8
- ○P/E × P/B ≤ 22.5Product 66.8
Valuation lab
What do you have to believe?
At $75.85, the market is pricing in about 20.0% annual free-cash-flow growth for the next decade (9% discount rate, 2.5% terminal growth).
Starting cash flow
Net debt $56M · 70M shares · 5y revenue CAGR 2.5%
Intrinsic value
$18.96
Price
$75.85
Premium paid
300%
What the price implies
The market is paying for 20.0% annual cash-flow growth for 10 years at a 9.0% discount rate.
Terminal value share
53% of the value sits beyond year 10.
Financial statements
A decade of the record.
USD millions · fiscal years · source: SEC 10-K XBRL
| Line item | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,233 | 2,734 | 2,828 | 2,310 | 2,399 | 3,915 | 3,854 | 2,581 | 2,941 | 2,708 |
| Gross profit | 404 | 736 | 744 | 303 | 833 | 1,963 | 1,498 | 593 | 832 | 589 |
| Operating income | 210 | 533 | 526 | (20) | 615 | 1,734 | 1,250 | 287 | 530 | 209 |
| Operating margin | 9.4% | 19.5% | 18.6% | -0.9% | 25.6% | 44.3% | 32.4% | 11.1% | 18.0% | 7.7% |
| Pre-tax income | 170 | 510 | 521 | (23) | 605 | 1,704 | 1,159 | 252 | 560 | 196 |
| Income tax | 20 | 119 | 122 | (13) | 121 | 402 | 274 | 74 | 140 | 50 |
| Net income | 150 | 390 | 395 | (5) | 499 | 1,377 | 1,086 | 178 | 420 | 146 |
| EPS (diluted) | 1.03 | 2.66 | 2.73 | -0.04 | 4.46 | 14.09 | 13.87 | 2.46 | 5.89 | 2.08 |
| Diluted shares | 145 | 146 | 144 | 123 | 112 | 98 | 78 | 72 | 71 | 70 |
Who owns it
Superinvestors
Filings wire