Simpson Manufacturing Company (SSD) financial statements
Simpson Manufacturing Company reported revenue of $2.3B in fiscal 2025, up 11.7% a year over 9 years.
Net income was $345M and the operating margin 19.6%, against 16.4% in 2016.
Free cash flow was $298M, and the company returned $48M in dividends and $120M in net buybacks.
The diluted share count fell 13% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Simpson Manufacturing Company's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $861M | $977M | $1.1B | $1.1B | $1.3B | $1.6B | $2.1B | $2.2B | $2.2B | $2.3B |
| Cost of revenue | $451M | $534M | $599M | $644M | $692M | $818M | $1.2B | $1.2B | $1.2B | $1.3B |
| Gross profit | $410M | $443M | $480M | $492M | $576M | $755M | $941M | $1.0B | $1.0B | $1.1B |
| Research and development | $11M | $11M | $11M | $11M | $10M | $12M | $16M | $25M | $21M | $12M |
| Selling, general and admin | $223M | $258M | $268M | $270M | $274M | $328M | $398M | $476M | $507M | $544M |
| Operating income | $141M | $138M | $173M | $181M | $252M | $368M | $459M | $475M | $430M | $458M |
| Interest expense | $1M | $1M | $1M | $2M | $2M | $850,000 | $8M | $4M | $2M | -$9M |
| Pre-tax income | $139M | $144M | $172M | $178M | $250M | $359M | $448M | $477M | $434M | $462M |
| Income tax | $49M | $52M | $45M | $44M | $63M | $92M | $114M | $123M | $112M | $117M |
| Net income | $90M | $93M | $127M | $134M | $187M | $266M | $334M | $354M | $322M | $345M |
| EPS (diluted) | $1.86 | $1.94 | $2.72 | $2.98 | $4.27 | $6.12 | $7.76 | $8.26 | $7.60 | $8.24 |
| Diluted shares | 48M | 48M | 47M | 45M | 44M | 44M | — | 43M | 42M | 42M |
| Gross margin | 47.6% | 45.4% | 44.5% | 43.3% | 45.5% | 48.0% | 44.5% | 47.1% | 45.9% | 45.9% |
| Operating margin | 16.4% | 14.2% | 16.0% | 15.9% | 19.9% | 23.4% | 21.7% | 21.5% | 19.3% | 19.6% |
| Net margin | 10.4% | 9.5% | 11.7% | 11.8% | 14.7% | 16.9% | 15.8% | 16.0% | 14.4% | 14.8% |
Balance sheet
Fiscal years, from Simpson Manufacturing Company's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $227M | $169M | $160M | $230M | $275M | $301M | $301M | $430M | $239M | $384M |
| Receivables | $112M | $136M | $146M | $139M | $165M | $231M | $269M | $284M | $284M | $303M |
| Inventory | $232M | $253M | $276M | $252M | $284M | $444M | $557M | $552M | $593M | $594M |
| Total current assets | $585M | $584M | $600M | $641M | $753M | $999M | $1.2B | $1.3B | $1.2B | $1.4B |
| Property, plant and equipment | $233M | $273M | $255M | $249M | $255M | $260M | $362M | $419M | $532M | $628M |
| Goodwill | $124M | $137M | $130M | $132M | $136M | $134M | $496M | $503M | $512M | $559M |
| Total assets | $980M | $1.0B | $1.0B | $1.1B | $1.2B | $1.5B | $2.5B | $2.7B | $2.7B | $3.1B |
| Total current liabilities | $109M | $136M | $152M | $159M | $194M | $245M | $349M | $361M | $366M | $382M |
| Long-term debt | $0 | $3M | $2M | — | — | — | — | — | — | — |
| Total liabilities | $114M | $153M | $166M | $203M | $252M | $300M | $1.1B | $1.0B | $923M | $1.0B |
| Shareholders' equity | $866M | $885M | $856M | $892M | $981M | $1.2B | $1.4B | $1.7B | $1.8B | $2.0B |
| Net debt | -$227M | -$166M | -$159M | -$230M | -$275M | -$301M | -$278M | -$407M | -$217M | -$369M |
Cash flow
Fiscal years, from Simpson Manufacturing Company's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $99M | $119M | $160M | $206M | $208M | $151M | $400M | $427M | $338M | $459M |
| Capital spending | $42M | $58M | $29M | $33M | $33M | $44M | $62M | $89M | $180M | $161M |
| Free cash flow | $57M | $61M | $131M | $173M | $175M | $108M | $337M | $338M | $158M | $298M |
| Stock-based compensation | $14M | $14M | $11M | $10M | $14M | $18M | $15M | $24M | $19M | $23M |
| Dividends paid | $33M | $37M | $40M | $40M | $40M | $42M | $44M | $45M | $46M | $48M |
| Share buybacks (net) | -$54M | -$70M | -$111M | -$61M | -$76M | -$24M | -$79M | -$50M | -$100M | -$120M |
| Free cash flow margin | 6.6% | 6.2% | 12.1% | 15.2% | 13.8% | 6.8% | 15.9% | 15.3% | 7.1% | 12.8% |
| Dividends per share | $0.68 | $0.77 | $0.86 | $0.89 | $0.92 | $0.96 | — | $1.06 | $1.10 | $1.14 |
Questions
What was Simpson Manufacturing Company's revenue in 2025?
$2.3B in fiscal 2025, from its 10-K filing.
How much free cash flow does Simpson Manufacturing Company generate?
$298M in fiscal 2025 (operating cash flow minus capital spending).
From Simpson Manufacturing Company's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.