LOUISIANA-PACIFIC Corp. (LPX) intrinsic value & 10-year financials
LOUISIANA-PACIFIC Corp. (LPX) has a Graham intrinsic value of $43.97 per share. At $70.05 on Oct 17, 2026, the stock trades 59% above that value. Over the last 10 fiscal years revenue grew 2.2% a year to $2.7B, with an average return on invested capital of 38.3%.
- Graham intrinsic value
- $43.97
- Share price (Oct 17, 2026)
- $70.05
- Price vs Graham value
- 59% above
- Market cap
- $4.9B
- Revenue (FY2025)
- $2.7B
- Revenue growth (10-yr CAGR)
- 2.2%
- ROIC (10-yr avg)
- 38.3%
- Free cash flow (FY2025)
- $91.0M
LPX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.7B | $146.0M | $2.08 | $91.0M | 7.7% | 8.9% |
| FY2024 | $2.9B | $420.0M | $5.89 | $422.0M | 18.0% | 23.3% |
| FY2023 | $2.6B | $178.0M | $2.46 | $16.0M | 11.1% | 12.8% |
| FY2022 | $3.9B | $1.1B | $13.87 | $732.0M | 32.4% | 74.5% |
| FY2021 | $4.6B | $1.4B | $14.09 | $1.2B | 40.1% | 122.4% |
| FY2020 | $2.8B | $499.0M | $4.46 | $582.0M | 22.8% | 45.3% |
| FY2019 | $2.3B | -$5.0M | -$0.04 | -$4.0M | -0.9% | -0.8% |
| FY2018 | $2.8B | $394.6M | $2.73 | $296.3M | 18.6% | 36.1% |
| FY2017 | $2.7B | $389.8M | $2.66 | $325.1M | 19.1% | 40.8% |
| FY2016 | $2.2B | $149.8M | $1.03 | $217.5M | 9.1% | 19.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
LOUISIANA-PACIFIC CORP has demonstrated mature, steady growth, with revenue compounding at 2.2% annually over the past decade.
LOUISIANA-PACIFIC CORP has earned high returns on invested capital, averaging 38.3% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Over the decade, LOUISIANA-PACIFIC CORP shows that management has aggressively returned capital to shareholders by retiring 51.8% of outstanding shares, and that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, LOUISIANA-PACIFIC CORP is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $43.97 per share.