Louisiana-Pacific Q3 siding sales rise 7% to $473m
Key points
- Louisiana-Pacific reported third-quarter siding sales of $473 million, up 7% year over year, while OSB sales increased slightly to $180 million.
- Net income rose to $23 million from $9 million, adjusted EBITDA remained flat at $82 million, and operating cash flow reached $112 million.
- Louisiana-Pacific continues expanding its siding distribution network while investing in production capacity, supported by approximately $1 billion in available liquidity.
Louisiana-Pacific Corporation (NYSE:LPX) reported third-quarter 2026 siding sales of $473 million, up 7% year over year, while oriented strand board sales increased slightly to $180 million.
Net income rose $14 million to $23 million, with diluted earnings per share increasing to $0.32 from $0.12 a year earlier.
Adjusted EBITDA remained unchanged at $82 million, while adjusted diluted earnings increased to $0.39 per share from $0.37 and operating cash flow reached $112 million.
The company invested $56 million in capital expenditures and paid $21 million in dividends during the quarter, maintaining approximately $1 billion in total liquidity as of September 30.
LP said its expanded distribution network supports continued growth for SmartSide Trim & Siding, while investments in manufacturing capacity are intended to strengthen its position in residential construction and remodeling markets.
Headquartered in Nashville, Tennessee, Louisiana-Pacific manufactures engineered wood siding, trim and structural panels, including LP SmartSide and oriented strand board products used in new construction and renovation projects.
