Jeld-Wen Holding (JELD) financial statements
Jeld-Wen Holding reported revenue of $3.2B in fiscal 2025, down 1.5% a year over 9 years.
Net income was -$621M and the operating margin -13.0%, against 5.7% in 2016.
Free cash flow was -$125M.
The diluted share count rose 374% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Jeld-Wen Holding's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.7B | $3.8B | $4.3B | $4.3B | $4.2B | $4.2B | $4.5B | $4.3B | $3.8B | $3.2B |
| Cost of revenue | $2.9B | $2.9B | $3.4B | $3.4B | $3.3B | $3.4B | $3.8B | $3.5B | $3.1B | $2.7B |
| Gross profit | $775M | $848M | $919M | $873M | $902M | $823M | $786M | $833M | $689M | $514M |
| Selling, general and admin | $553M | $573M | $734M | $661M | $703M | $605M | $654M | $655M | $653M | $551M |
| Operating income | $208M | $261M | $167M | $190M | $189M | $216M | $59M | $142M | -$126M | -$416M |
| Interest expense | $78M | $79M | $71M | $72M | $75M | $77M | $83M | $72M | $67M | $67M |
| Pre-tax income | $129M | $142M | $131M | $120M | $117M | $151M | $30M | $89M | -$171M | -$474M |
| Income tax | -$247M | $138M | -$10M | $57M | $25M | $20M | $18M | $63M | $17M | $148M |
| Net income | $377M | $8M | $142M | $63M | $92M | $169M | $46M | $62M | -$189M | -$621M |
| EPS (diluted) | -$1.08 | -$0.02 | $1.33 | $0.62 | $0.90 | $1.72 | $0.53 | $0.73 | -$2.22 | -$7.29 |
| Diluted shares | 18M | 97M | 106M | 101M | 102M | 98M | 87M | 86M | 85M | 85M |
| Gross margin | 21.1% | 22.5% | 21.1% | 20.3% | 21.3% | 19.7% | 17.3% | 19.3% | 18.2% | 16.0% |
| Operating margin | 5.7% | 6.9% | 3.8% | 4.4% | 4.5% | 5.2% | 1.3% | 3.3% | -3.3% | -13.0% |
| Net margin | 10.3% | 0.2% | 3.3% | 1.5% | 2.2% | 4.0% | 1.0% | 1.5% | -5.0% | -19.3% |
Balance sheet
Fiscal years, from Jeld-Wen Holding's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $103M | $220M | $117M | $226M | $736M | $396M | $164M | $288M | $150M | $136M |
| Receivables | $407M | $453M | $472M | $470M | $477M | $552M | $531M | $517M | $388M | $361M |
| Inventory | $334M | $403M | $508M | $505M | $512M | $616M | $594M | $481M | $460M | $444M |
| Total current assets | $877M | $1.1B | $1.1B | $1.2B | $1.8B | $1.7B | $1.7B | $1.5B | $1.2B | $1.0B |
| Property, plant and equipment | $705M | $757M | $843M | $864M | $873M | $799M | $642M | $644M | $681M | $728M |
| Goodwill | $487M | $549M | $586M | $602M | $640M | $461M | $382M | $390M | $315M | $0 |
| Total assets | $2.5B | $2.9B | $3.0B | $3.4B | $4.0B | $3.2B | $3.5B | $3.0B | $2.6B | $2.1B |
| Total current liabilities | $513M | $577M | $672M | $769M | $868M | $889M | $787M | $679M | $625M | $578M |
| Long-term debt | $1.6B | $1.3B | $1.4B | $1.5B | $1.7B | $1.7B | $1.7B | $1.2B | $1.2B | $1.1B |
| Total liabilities | $2.3B | $2.1B | $2.3B | $2.6B | $3.0B | $2.9B | $2.8B | $2.1B | $2.0B | $2.0B |
| Shareholders' equity | $61M | $789M | $762M | $812M | $1.0B | $842M | $724M | $851M | $620M | $92M |
| Net debt | $1.5B | $1.1B | $1.4B | $1.3B | $966M | $1.3B | $1.5B | $902M | $1.0B | $1.0B |
Cash flow
Fiscal years, from Jeld-Wen Holding's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $202M | $266M | $220M | $303M | $356M | $176M | $30M | $345M | $106M | -$5M |
| Capital spending | $74M | $60M | $97M | $102M | $78M | $84M | $83M | $98M | $162M | $120M |
| Free cash flow | $128M | $206M | $122M | $201M | $278M | $92M | -$53M | $247M | -$56M | -$125M |
| Stock-based compensation | $22M | $20M | $15M | $13M | $16M | $20M | $16M | $18M | $15M | $15M |
| Dividends paid | $404M | $0 | $0 | — | — | — | — | — | — | — |
| Share buybacks (net) | $0 | $0 | -$125M | -$20M | -$5M | -$324M | -$132M | $0 | -$24M | $0 |
| Net borrowing | $357M | -$379M | -$393M | -$344M | $115M | -$118M | -$767M | -$685M | -$51M | -$32M |
| Free cash flow margin | 3.5% | 5.5% | 2.8% | 4.7% | 6.6% | 2.2% | -1.2% | 5.7% | -1.5% | -3.9% |
| Dividends per share | $22.46 | — | — | — | — | — | — | — | — | — |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for JELD.
Open JELD in InvestinglyQuestions
What was Jeld-Wen Holding's revenue in 2025?
$3.2B in fiscal 2025, from its 10-K filing.
How much free cash flow does Jeld-Wen Holding generate?
-$125M in fiscal 2025 (operating cash flow minus capital spending).
From Jeld-Wen Holding's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.