Loading...
•
Sep 27
UFP Industries Q3 2025 Earnings Report
UFP Industries reported its third quarter 2025 financial results, with net sales decreasing by 5% and diluted EPS falling to $1.29 from $1.64 a year ago.
Key Takeaways
UFP Industries experienced a challenging third quarter in 2025, with a 5% decrease in net sales to $1.56 billion, primarily due to a 1% decrease in price and a 4% decline in organic units. Diluted earnings per share dropped to $1.29 from $1.64 in the prior year, and net earnings attributable to controlling interest decreased by 25.7% to $75.3 million. Despite these declines, the company maintained a strong balance sheet with $1.0 billion in cash and cash equivalents and reaffirmed its volume outlook for the remainder of 2025.
Net sales for Q3 2025 were $1.56 billion, a 5% decrease year-over-year, driven by lower prices and organic unit declines.
Diluted EPS for the quarter was $1.29, a significant decrease from $1.64 in Q3 2024.
Adjusted EBITDA was $140.0 million, representing a 9.0% margin, compared to 10.0% in the prior year.
The company maintained a strong liquidity position with $1.0 billion in cash and cash equivalents and reaffirmed its full-year volume outlook.
UFP Industries
UFP Industries
UFP Industries Revenue by Segment
Revenue by Segment
Retail Revenue
CapyFin.comPackaging Revenue
CapyFin.comConstruction Revenue
CapyFin.comAll Other Revenue
CapyFin.com Forward Guidance
UFP Industries anticipates continued softer demand and competitive pricing through the remainder of 2025, expecting low single-digit unit declines across all segments. However, they foresee stabilization in most business units, excluding new residential construction, and expect momentum in Deckorators and Surestone products into 2026.
Positive Outlook
- Reaffirming volume outlook across each business segment for the remainder of 2025.
- Trends across the majority of business units have shown signs of stabilizing.
- Adjusted EBITDA margin is approximately 200 basis points higher than 2019 levels despite challenging market conditions.
- Plans to gain market share, strengthen return on capital, and achieve margin improvements.
- Driving innovation across the product portfolio and making strategic investments to create shareholder value.
- Robust financial position remains a competitive advantage, enabling share repurchases and increased cash dividend.
- Initial stocking orders and expanded manufacturing and distribution capabilities will support momentum in Deckorators and Surestone business through the remainder of the year and into 2026.
Challenges Ahead
- Softer demand and competitive pricing environment expected to remain through the balance of 2025.
- Planning for low single-digit unit declines in each of the segments.
- Anticipate a more significant decline in markets tied to new residential construction.
- Visibility remains limited, particularly in markets tied to residential construction.
- Temporary startup costs associated with the expansion of Surestone product launch and inefficiencies from Edge restructuring efforts impacted Retail segment.
Revenue & Expenses
Visualization of income flow from segment revenue to net income