LOUISIANA-PACIFIC CORPORATION Reports 45.9% Decrease in Total Revenue for FY2023 Q2
August 23, 2023
🌥️Earnings Overview
At the end of FY2023 Q2 on June 30th 2023, LOUISIANA-PACIFIC CORPORATION ($NYSE:LPX) reported a total revenue of USD 611.0 million, a drop of 45.9% from the same quarter of FY2022. The corporation reported a net income of USD -20.0 million for this quarter, in comparison to the USD 384.0 million profit reported in Q2 of FY2022.
Analysis
GoodWhale conducted an analysis of LOUISIANA-PACIFIC CORPORATION‘s wellbeing and based on the Star Chart classification, the company was classified as a ‘rhino’, indicating it has achieved moderate revenue or earnings growth. Investors seeking a steady dividend stream may be interested in such a company. LOUISIANA-PACIFIC CORPORATION is strong in dividend, medium in asset, profitability and weak in growth. Despite this, the company has a high health score of 9/10 with regard to its cashflows and debt, indicating it is capable of paying off debt and funding future operations. This makes LOUISIANA-PACIFIC CORPORATION an attractive opportunity for investors looking for long-term stability. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Louisiana-pacific Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 2.75k | 219 | 5.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Louisiana-pacific Corporation. More…
| Operations | Investing | Financing |
| 206 | -282 | -370 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Louisiana-pacific Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.3k | 884 | 19.67 |
Key Ratios Snapshot
Some of the financial key ratios for Louisiana-pacific Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.6% | 28.1% | 6.5% |
| FCF Margin | ROE | ROA |
| -7.3% | 7.8% | 4.9% |
Peers
In the market for wood-based building materials, there is intense competition between Louisiana-Pacific Corp and its competitors: LIXIL Corp, The AZEK Co Inc, and Noda Corp. All four companies are vying for market share in this important industry.
– LIXIL Corp ($TSE:5938)
LIXIL Corp is a leading manufacturer of building materials and housing equipment. The company has a market cap of 620.03B as of 2022 and a return on equity of 6.17%. LIXIL Corp’s products include windows, doors, toilets, showers, and kitchen and bathroom fixtures. The company’s products are sold under the LIXIL, INAX, American Standard, and GROHE brands. LIXIL Corp has a strong presence in Japan, North America, Europe, and Asia.
– The AZEK Co Inc ($NYSE:AZEK)
The AZEK Co Inc is a publicly traded company with a market capitalization of $2.42 billion as of 2022. The company has a return on equity of 7.17%. The AZEK Company is a leading manufacturer of building materials, including decking, railing, and trim products. The company’s products are made from recycled materials and are designed to last longer and require less maintenance than traditional wood products.
– Noda Corp ($TSE:7879)
Noda Corp is a Japanese company that manufactures and sells electronic and electrical products. It has a market cap of 19.66B as of 2022 and a Return on Equity of 17.42%. The company’s products include semiconductors, integrated circuits, transistors, and diodes.
Summary
Louisiana-Pacific Corporation saw a significant decline in both revenue and net income in its second quarter of FY2023. Total revenue dropped 45.9% year-on-year to USD 611.0 million and net income went from a profit of USD 384 million to a loss of USD 20 million. This has been reflected in the stock price, which moved down on the same day. Investors should consider these factors carefully when analyzing LOUISIANA-PACIFIC CORPORATION‘s financial performance, as it indicates a downturn in fortunes for the quarter and could be indicative of future trends.
