Louisiana-Pacific Corporation (LPX)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | -18,000 | 49,000 | 216,000 | 416,000 |
| 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 |
| Pretax margin | 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% | -0.78% | 2.07% | 8.65% | 15.30% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $252,000K ÷ $2,581,000K
= 9.76%
Louisiana-Pacific Corp.'s pretax margin has experienced fluctuations over the past eight quarters. The pretax margin steadily declined from 41.17% in Q1 2022 to 9.76% in Q4 2023. This downward trend indicates a decrease in the company's ability to generate profits before taxes relative to its revenue. The significant drop in Q4 2023 may raise concerns about the company's cost management or revenue generation strategies during that period. Further analysis of the company's financial performance and operational efficiency is recommended to understand the factors driving these fluctuations in the pretax margin.
Peer comparison
Dec 31, 2023