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Louisiana-Pacific (LPX) investor relations material
Louisiana-Pacific Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary6 Aug, 2025
Executive summary
Siding segment achieved record sales volume, revenue, and EBITDA in Q2 2025, offsetting a challenging OSB market with multi-year low prices.
Consolidated net sales for Q2 2025 were $755 million, down 7% year-over-year, with Siding up 11% and OSB down 29-30%.
Net income for Q2 2025 was $54 million, a decrease from $160 million in Q2 2024.
Adjusted EBITDA for Q2 2025 was $142 million, down from $229 million in Q2 2024, mainly due to lower OSB prices.
Company recognized for safety and workplace excellence, supporting operational resilience.
Financial highlights
Q2 2025 net sales: $755 million (down $60 million YoY); Siding up $45 million, OSB down $101 million.
Q2 2025 net income: $54 million ($0.77 per diluted share), down from $160 million ($2.23 per share) in Q2 2024.
Adjusted EBITDA: $142 million in Q2 2025, down from $229 million in Q2 2024.
Operating cash flow for Q2 2025 was $162 million; cash and cash equivalents at June 30, 2025: $333 million.
Gross profit for Q2 2025 was $178 million, down from $263 million in Q2 2024.
Outlook and guidance
Full-year 2025 Siding net sales guidance: ~$1.7 billion (~9% growth), Adjusted EBITDA ~$430 million (~25% margin).
Q3 2025 Siding net sales expected at ~$430 million (~3% growth), Adjusted EBITDA ~$110 million (~26% margin).
Full-year 2025 OSB Adjusted EBITDA expected at $(25) million; consolidated Adjusted EBITDA ~$405 million.
Capital expenditures for 2025 projected at ~$350 million, split between growth and maintenance.
Management expects continued volatility in demand due to macroeconomic factors, tariffs, and supply chain disruptions.
What drove ExpertFinish sales growth?
Explain OSB Adjusted EBITDA forecast.
How does LP manage supply chain risks?
Assess OSB cost control measures.
Detail drivers of siding's Q4 growth.
Discuss vinyl conversion opportunities.
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Next Louisiana-Pacific earnings date
Q3 20255 Nov, 2025
Next Louisiana-Pacific earnings date
Q3 20255 Nov, 2025
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Frequently asked questions
Louisiana-Pacific Corporation manufactures building materials for residential, industrial, and light commercial construction. Its product offerings include oriented strand board, engineered wood siding, and specialty panels. The company serves builders, remodelers, and distributors across North America. The company is headquartered in Nashville, Tennessee, and its shares are listed on the NYSE.
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