LPX FY 2020 Earnings Report — Louisiana-Pacific Corporation Revenue & Financial Results | Market Cap Arena

Louisiana-Pacific CorporationLPX

FY 2020 Earnings

Reported February 18, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$2.4B	—	—	—	—
Op. Income	$615M	—	—	—	—
Gross Margin	34.7%	—	—	—	—
Net Margin	20.8%	—	—	—	—
EPS (Diluted)	$4.46	—	—	—	—
Free Cash Flow	$582M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$2.4B
Cost of Revenue	$1.6B
GROSS PROFIT	$833M
R&D Expenses	$0
Selling & Marketing	$20M
General & Administrative	$176M
SG&A Expenses	$196M
Other Expenses	$22M
Operating Expenses	$218M
Cost & Expenses	$1.8B
OPERATING INCOME	$615M
Interest Income	$2M
Interest Expense	$19M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$606M
Income Tax Expense	$121M
Net Income from Continuing Ops	$485M
Net Income from Discontinued Ops	$12M
Other Adjustments	$0
NET INCOME	$499M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$487M
D&A	$107M
EBIT	$646M
EBITDA	$753M
EPS	$5
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$2.4B
Cost of Revenue	$1.6B
GROSS PROFIT	$833M
R&D Expenses	$0
Selling & Marketing	$20M
General & Administrative	$176M
SG&A Expenses	$196M
Other Expenses	$22M
Operating Expenses	$218M
Cost & Expenses	$1.8B
OPERATING INCOME	$615M
Interest Income	$2M
Interest Expense	$19M
Other Income/Expenses	-$9M
INCOME BEFORE TAX	$606M
Income Tax Expense	$121M
Net Income from Continuing Ops	$485M
Net Income from Discontinued Ops	$12M
Other Adjustments	$0
NET INCOME	$499M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$487M
D&A	$107M
EBIT	$646M
EBITDA	$753M
EPS	$5
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$497M
Depreciation & Amortization	$111M
Stock-Based Compensation	$0
Deferred Income Tax	$2M
Other Non-Cash Items	$34M
Change in Working Capital	$15M
OPERATING CASH FLOW	$659M
Capital Expenditure	-$77M
Acquisitions (Net)	$15M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$13M
NET CASH FROM INVESTING	-$49M
Net Debt Issuance	$0
Common Stock Repurchased	-$200M
Common Dividends Paid	-$65M
Other Financing Activities	-$7M
NET CASH FROM FINANCING	-$272M
FREE CASH FLOW	$582M
Net Change in Cash	$354M

Balance Sheet

Item	Amount
Cash & Equivalents	$535M
Short-Term Investments	$0
Net Receivables	$184M
Inventory	$259M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$993M
PP&E (Net)	$958M
Goodwill	$25M
Intangible Assets	$56M
Long-Term Investments	$11M
Tax Assets	$3M
Other Non-Current Assets	$42M
TOTAL NON-CURRENT ASSETS	$1.1B
TOTAL ASSETS	$2.1B
Account Payables	$125M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$10M
TOTAL CURRENT LIABILITIES	$295M
Long-Term Debt	$348M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$78M
Other Non-Current Liabilities	$88M
TOTAL NON-CURRENT LIABILITIES	$547M
TOTAL LIABILITIES	$842M
Common Stock	$124M
Additional Paid-In Capital	$452M
Retained Earnings	$1.2B
Treasury Stock	-$397M
Accum. Other Comp. Income	-$151M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.2B
Minority Interest	$10M
TOTAL EQUITY	$1.2B
TOTAL LIABILITIES & EQUITY	$2.1B
Total Debt	$389M
Net Debt	-$146M