JELD-WEN HOLDING Reports Q2 2023 Earnings Results
August 13, 2023
🌥️Earnings Overview
JELD-WEN HOLDING ($NYSE:JELD) reported their Q2 2023 earnings results, for the quarter ending June 30 2023. Total revenue was USD 1125.8 million, a 15.4% decrease from the same quarter in the previous year. Net income also decreased 16.4% year over year to USD 38.3 million.
Stock Price
JELD-WEN HOLDING, a leading US-based manufacturer of interior and exterior doors and windows, reported its Q2 2023 financial results on Monday. The company’s stock opened at $18.0 and closed at $18.4, registering a 2.5% increase from its previous closing price of 18.0. These results are a testament to JELD-WEN HOLDING’s strong operational execution, which is helping it remain competitive in the market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Jeld-wen Holding. More…
| Total Revenues | Net Income | Net Margin |
| 5.11k | 53.84 | 1.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Jeld-wen Holding. More…
| Operations | Investing | Financing |
| 349.42 | -87.89 | -271.88 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Jeld-wen Holding. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.55k | 2.76k | 9.2 |
Key Ratios Snapshot
Some of the financial key ratios for Jeld-wen Holding are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.3% | 7.7% | 3.3% |
| FCF Margin | ROE | ROA |
| 4.8% | 13.8% | 3.0% |
Analysis
At GoodWhale, we recently conducted an analysis of JELD-WEN HOLDING‘s wellbeing. After a comprehensive assessment, we have determined that JELD-WEN HOLDING is a medium risk investment in terms of financial and business aspects. We have detected 3 risk warnings in income sheet, balance sheet, cashflow statement. If you’re interested to learn more about these risks, you can register with us and we’ll be able to provide you with more detailed information. More…
Peers
JELD-WEN Holding Inc is one of the world’s largest manufacturers of doors and windows. The company operates in three segments: North America, Europe, and Asia Pacific. JELD-WEN has a diversified product mix that includes wood, steel, aluminum, and vinyl products. The company’s primary competitors are Masonite International Corp, Tyman PLC, and Sanwa Holdings Corp.
– Masonite International Corp ($NYSE:DOOR)
Masonite International Corp is a leading manufacturer and marketer of interior and exterior doors for the residential and commercial construction markets. Its products are sold under the Masonite, Marsh, and Beaver brands. The company has a market cap of 1.57B as of 2022 and a Return on Equity of 24.2%. Masonite International Corp is headquartered in Tampa, Florida.
– Tyman PLC ($LSE:TYMN)
Tyman PLC is a United Kingdom-based company, engaged in the design, manufacture and distribution of door and window products. The Company’s segments include Europe, North America and Asia Pacific. The Company’s brands include AmesburyGroup, Deceuninck, Schuco, KBE, REHAU, Trocal, VEKA, comadur and Roto. The Company offers a range of products, including composite and uPVC doors, aluminium doors, timber doors, security products and glass products.
– Sanwa Holdings Corp ($TSE:5929)
Sanwa Holdings Corp is a Japanese holding company that provides financial services through its subsidiaries. The company’s market cap as of 2022 is 279.49B. Its return on equity is 10.49%. Sanwa Holdings Corp’s subsidiaries include Sanwa Bank, Ltd., a commercial bank; Sanwa Lease Corporation, a leasing company; and Sanwa Factoring Corporation, a factoring company.
Summary
JELD-WEN HOLDING reported second quarter financial results for the fiscal year 2023 ending June 30 2023 with total revenue of USD 1125.8 million, which is a 15.4% decline from the same quarter in the prior year. Net income declined 16.4% year over year to USD 38.3 million. Investors should assess the current earnings report and review company trends to determine whether JELD-WEN HOLDING will continue to be a viable investment.
Factors to consider include trends in revenue, operating costs, margins and cash flow. The overall economic environment should also be taken into account when evaluating the company’s performance and investment prospects.
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