Filing Flows › Louisiana-Pacific (LPX) › Q1 2025
Louisiana-Pacific (LPX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
Louisiana-Pacific (LPX) reported revenue of $724M for the first quarter 2025 (Q1 2025), 0% from a year earlier and +6% from the quarter before. Operating margin was 16.6%, net earnings $91.0M (12.6% of revenue).
Louisiana-Pacific, Q1 2025: revenue $724M (0% year over year), operating margin 16.6%, net earnings $91.0M, operating cash flow $64.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $724M | +6% | 0% |
| Gross profit | $197M | +21% | -8% |
| Operating profit | $120M | +60% | -17% |
| Net earnings | $91.0M | +47% | -16% |
| Operating cash flow | $64.0M | -39% | -39% |
| Free cash flow | $0 | -100% | -100% |
What changed
Revenue was $724.0M in Q1 2025, roughly flat year over year and up 6% from the previous quarter. Siding was the largest line at 56% of revenue.
Gross margin was 27.2%, down 2.3 points from a year earlier. Operating profit was $120.0M, a 16.6% margin (down 3.5 points year over year). Operating expenses grew 12% against flat revenue. Net earnings were $91.0M, down 16% year over year. The effective tax rate was 22.2%.
Operating cash flow was $64.0M (down 39% year over year), 70% of net earnings. Non-cash charges added back $35.0M of depreciation and amortization. Working capital and other items used $62.0M. Capital expenditures of $64.0M left free cash flow of $0K.
Questions
What was Louisiana-Pacific's revenue in the first quarter 2025?
Louisiana-Pacific (LPX) reported revenue of $724M for the first quarter 2025 (Q1 2025), 0% from a year earlier and +6% from the quarter before.
Was Louisiana-Pacific profitable in the first quarter 2025?
Operating profit was $120M (16.6% of revenue) and net earnings $91.0M.
Source: Louisiana-Pacific 10-Q on SEC EDGAR.