Louisiana-Pacific Corporation (LPX)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 178,000 | 1,086,000 | 1,377,000 | 499,000 | -5,000 |
| Revenue | US$ in thousands | 2,581,000 | 3,854,000 | 3,915,000 | 2,399,000 | 2,310,000 |
| Net profit margin | 6.90% | 28.18% | 35.17% | 20.80% | -0.22% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $178,000K ÷ $2,581,000K
= 6.90%
Louisiana-Pacific Corp.'s net profit margin has shown fluctuations over the past five years. The company's net profit margin dropped from a negative value in 2019 to 17.93% in 2020, indicating a significant recovery. However, the margin decreased again to 30.24% in 2021 before further dropping to 28.18% in 2022 and finally to 6.90% in 2023.
The decreasing trend in net profit margin from 2021 onwards suggests that Louisiana-Pacific Corp. may be experiencing challenges in managing its costs or generating sufficient revenue to maintain previous levels of profitability. Further analysis of the company's income and expenses is warranted to identify the specific factors contributing to the declining net profit margin in recent years.
Peer comparison
Dec 31, 2023