Simpson Manufacturing Co., Inc. announced its first quarter 2025 financial results, showing modest net sales growth of 1.6% year-over-year to $538.9 million. Income from operations increased by 6.5% to $102.3 million, resulting in an operating income margin of 19.0%. Diluted net income per share rose by 4.5% to $1.85. The company also repurchased $25.0 million in common stock during the quarter.
Net sales increased by 1.6% to $538.9 million compared to the prior year quarter.
Income from operations grew by 6.5% to $102.3 million, with an operating income margin of 19.0%.
Diluted net income per common share was $1.85, a 4.5% increase year-over-year.
The company repurchased $25.0 million of its common stock during the first quarter.
The company reaffirmed its full fiscal year 2025 financial outlook, estimating consolidated operating margin to be between 18.5% and 20.5%. This range is based on potential flat to declining U.S. housing starts compared to the prior year and includes the impact of price increases implemented in 2025. The outlook also anticipates a benefit of $10.0 million to $12.0 million from the sale of the Gallatin property. The effective tax rate is estimated to be between 25.5% and 26.5%, and capital expenditures are projected to be in the range of $150.0 million to $170.0 million.