LP Building Solutions Reports Second Quarter 2025 Results

Louisiana-Pacific Corporation (LP), a leading manufacturer of high-performance building products, has released its financial results for the second quarter of 2025. The report highlights key financial metrics, business performance indicators, and strategic initiatives undertaken by the company.

Financial Highlights

For the second quarter of 2025, LP reported a net income of $54 million, a significant decrease of $106 million compared to the same period in 2024. The net income per diluted share was $0.77, down by $1.46 per diluted share from the previous year. Consolidated net sales also saw a decline, dropping by $60 million to $755 million. Adjusted EBITDA for the quarter was $142 million, reflecting a decrease of $86 million year-over-year.

Business and Operational Highlights

The Siding segment showed robust performance with net sales increasing by $45 million (11%) to $460 million, driven by an 8% increase in volumes and a 2% rise in prices. However, the Oriented Strand Board (OSB) segment faced challenges, with net sales decreasing by $101 million to $250 million due to lower prices. The company's total liquidity stood at $1.1 billion as of June 30, 2025.

Strategic Initiatives and Corporate Developments

LP invested $68 million in capital expenditures during the second quarter of 2025 and paid $19 million in cash dividends. The company also announced a quarterly cash dividend of $0.28 per share, payable on August 29, 2025, to stockholders of record as of August 15, 2025.

Management's Perspective

Brad Southern, LP's Chairperson and CEO, commented on the results, stating, "LP’s Siding segment grew and captured share to set new records for sales volume, sales revenue, and EBITDA in the second quarter. While the OSB market is challenging currently, with commodity prices at multi-year lows, LP will continue to execute its OSB segment strategy safely, with efficiency and discipline."

Future Outlook

Looking ahead, LP has provided financial guidance for the third quarter and full year of 2025. The company expects Siding net sales to grow by approximately 3% year-over-year in the third quarter, reaching around $430 million, and by 9% for the full year, totaling approximately $1.7 billion. Consolidated Adjusted EBITDA is projected to be around $65 million for the third quarter and $405 million for the full year.

SEC Filing: LOUISIANA-PACIFIC CORP [ LPX ] - 8-K - Aug. 05, 2025