Louisiana-Pacific Corporation (LPX)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 178,000 | 111,000 | 219,000 | 623,000 | 1,086,000 | 1,288,000 | 1,427,000 | 1,541,000 | 1,377,000 | 1,439,000 | 1,251,000 | 786,000 | 499,000 | 192,000 | 17,000 | 1,000 | -5,000 | 63,000 | 185,000 | 331,000 |
| Revenue (ttm) | US$ in thousands | 2,581,000 | 2,628,000 | 2,752,000 | 3,271,000 | 3,854,000 | 3,984,000 | 4,150,000 | 4,188,000 | 4,038,000 | 3,674,000 | 3,451,000 | 2,831,000 | 2,399,000 | 2,465,000 | 2,273,000 | 2,313,000 | 2,310,000 | 2,362,000 | 2,496,000 | 2,719,000 |
| Net profit margin | 6.90% | 4.22% | 7.96% | 19.05% | 28.18% | 32.33% | 34.39% | 36.80% | 34.10% | 39.17% | 36.25% | 27.76% | 20.80% | 7.79% | 0.75% | 0.04% | -0.22% | 2.67% | 7.41% | 12.17% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $178,000K ÷ $2,581,000K
= 6.90%
Louisiana-Pacific Corp.'s net profit margin has displayed some variability over the past eight quarters. In the most recent quarter, Q4 2023, the net profit margin stood at 6.90%, marking a slight increase from Q3 2023 but lower compared to earlier quarters. The company experienced a significant decline in net profit margin from Q1 2023 to Q2 2023, but the margin rebounded in Q3 and then declined again in Q4.
Looking back at the previous year, the net profit margin was notably higher in Q1 and Q2 of 2022, above 30%, before starting to decrease gradually in the following quarters. This trend continued into 2023 with further decreases in net profit margin.
Overall, the fluctuations in Louisiana-Pacific Corp.'s net profit margin indicate some level of inconsistency in the company's profitability performance over the analyzed period. It would be essential for stakeholders to monitor the company's financial health closely and consider the factors influencing these fluctuations in order to understand and address underlying issues.
Peer comparison
Dec 31, 2023