CluenexLouisiana-Pacific LPX
Louisiana-Pacific scores weak on business quality (3.5 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Louisiana-Pacific does
Louisiana-Pacific makes building products, primarily engineered wood siding and OSB panels, selling directly to builders and contractors for residential construction.
- What it does best
Louisiana-Pacific dominates the structural wood market through its specialized SmartSide siding line, driving high margins relative to commodity lumber peers despite severe market drops.
- The main risk
Falling demand in residential construction drives down volume, leading to negative free cash flow of $20.0 million and pressuring margins across core product lines.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin compressed to 4.5% and roe slumped to 3.1%, sitting in the bottom quartile of its sector and signaling poor scalability during cyclical downswings.
Proprietary siding technology and brand recognition lock in builders, though a bottom-decile revenue growth rank of 6 shows how cyclical end-markets limit pricing power.
Revenue fell 7.9% to $2.5 billion, extending a multi-year decline from the 2021 peak of $3.9 billion and confirming a severe contraction in its core markets.
Total debt sits at $348.0 million against $292.0 million in cash, leaving net debt at $56.0 million. Free cash flow dropped to -$20.0 million, pointing to a softer financial base.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on LPX
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Louisiana-Pacific scores weak on the Cluenex quality check (3.5 of 10), measured against its own industry. Profitability is weak, moat fair, growth slow and financial health fair.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Nov 3, 2026.
See LPX today
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- Fair value with cautious, base and optimistic cases
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- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Louisiana-Pacific (LPX)”, https://cluenex.com/stocks/lpx/, data as of Oct 10, 2026.