Louisiana-Pacific Corporation (LPX)

Pretax margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 560,000 542,000 591,000 379,000 252,000 167,000 275,000 774,000 1,360,000 1,624,000 1,830,000 1,972,000 1,780,000 1,823,000 1,584,000 956,000 564,000 224,000 -14,000 -14,000
Revenue (ttm) US$ in thousands 2,940,000 2,918,000 2,924,000 2,721,000 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
Pretax margin 19.05% 18.57% 20.21% 13.93% 9.76% 6.35% 9.99% 23.66% 35.29% 40.76% 44.10% 47.09% 44.08% 49.62% 45.90% 33.77% 23.51% 9.09% -0.62% -0.61%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $560,000K ÷ $2,940,000K
= 19.05%

Louisiana-Pacific Corporation's pretax margin has shown fluctuating trends over the periods provided in the dataset. The margin started with negative values in early 2020, indicating the company was incurring losses before achieving positive pretax margins in the latter half of the year. The trend continued positively into 2021, with substantial improvements in profitability, reaching a peak of 49.62% in September 2021.

However, starting from December 2021, there was a slight decline in the pretax margin, which continued into 2022. The margin dropped to 35.29% by the end of December 2022, representing a significant decrease from previous levels. This downward trend persisted into early 2023, with the pretax margin hitting its lowest point at 6.35% in September 2023.

Subsequently, there was a slight recovery in the pretax margin, showing gradual improvements until the end of 2024, where it stabilized at around 19.05%. Overall, the pretax margin analysis indicates periods of both strong profitability and challenges for Louisiana-Pacific Corporation, highlighting the need for continuous monitoring and strategic management of the company's financial performance.


Peer comparison

Dec 31, 2024

Company name
Symbol
Pretax margin
Louisiana-Pacific Corporation
LPX
19.05%
Koppers Holdings Inc
KOP
5.95%
Trex Company Inc
TREX
26.61%