Ufp Industries (UFPI) financial statements
Ufp Industries reported revenue of $6.3B in fiscal 2025, up 7.7% a year over 9 years.
Net income was $295M and the operating margin 5.8%, against 5.1% in 2016.
Free cash flow was $276M, and the company returned $82M in dividends and $433M in net buybacks.
The diluted share count fell 6% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Ufp Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.2B | $3.9B | $4.5B | $4.4B | $5.2B | $8.6B | $9.6B | $7.2B | $6.7B | $6.3B |
| Cost of revenue | $2.8B | $3.4B | $3.9B | $3.7B | $4.4B | $7.2B | $7.8B | $5.8B | $5.4B | $5.3B |
| Gross profit | $475M | $543M | $593M | $686M | $800M | $1.4B | $1.8B | $1.4B | $1.2B | $1.1B |
| Selling, general and admin | $310M | $362M | $392M | $439M | $445M | $682M | $832M | $767M | $735M | $691M |
| Operating income | $164M | $181M | $207M | $245M | $346M | $738M | $950M | $647M | $492M | $364M |
| Interest expense | $5M | $6M | $9M | $9M | $9M | $14M | $14M | $13M | $13M | $11M |
| Pre-tax income | $161M | $176M | $198M | $241M | $341M | $726M | $935M | $671M | $540M | $392M |
| Income tax | $55M | $52M | $45M | $58M | $87M | $174M | $230M | $157M | $121M | $96M |
| Net income | $101M | $120M | $149M | $180M | $247M | $536M | $693M | $514M | $415M | $295M |
| EPS (diluted) | $1.65 | $1.94 | $2.40 | $2.91 | $4.00 | $8.59 | $10.97 | $8.07 | $6.77 | $5.00 |
| Diluted shares | 60M | 60M | 60M | 60M | 60M | 60M | 61M | 61M | 59M | 57M |
| Gross margin | 14.6% | 13.8% | 13.2% | 15.5% | 15.5% | 16.3% | 18.6% | 19.7% | 18.4% | 16.8% |
| Operating margin | 5.1% | 4.6% | 4.6% | 5.5% | 6.7% | 8.5% | 9.9% | 9.0% | 7.4% | 5.8% |
| Net margin | 3.1% | 3.0% | 3.3% | 4.1% | 4.8% | 6.2% | 7.2% | 7.1% | 6.2% | 4.7% |
Balance sheet
Fiscal years, from Ufp Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $44M | $40M | $42M | $187M | $461M | $323M | $595M | $1.2B | $1.2B | $949M |
| Receivables | $282M | $328M | $343M | $364M | $471M | $738M | $618M | $549M | $501M | $476M |
| Inventory | $397M | $460M | $556M | $487M | $567M | $963M | $973M | $728M | $721M | $722M |
| Total current assets | $756M | $863M | $995M | $1.1B | $1.5B | $2.1B | $2.3B | $2.5B | $2.5B | $2.3B |
| Property, plant and equipment | $298M | $329M | $355M | $387M | $417M | $589M | $689M | $777M | $891M | $993M |
| Goodwill | $199M | $213M | $224M | $230M | $252M | $315M | $337M | $336M | $340M | $344M |
| Total assets | $1.3B | $1.5B | $1.6B | $1.9B | $2.4B | $3.2B | $3.7B | $4.0B | $4.2B | $4.0B |
| Total current liabilities | $272M | $303M | $310M | $354M | $464M | $776M | $612M | $568M | $512M | $494M |
| Long-term debt | $109M | $145M | $202M | $161M | $312M | $278M | $275M | $234M | $230M | $229M |
| Total liabilities | $432M | $491M | $559M | $632M | $922M | $1.2B | $1.1B | $968M | $901M | $934M |
| Shareholders' equity | $849M | $959M | $1.1B | $1.2B | $1.5B | $2.0B | $2.6B | $3.0B | $3.2B | $3.1B |
| Net debt | $78M | $118M | $175M | -$5M | -$125M | $34M | -$281M | -$842M | -$938M | -$684M |
Cash flow
Fiscal years, from Ufp Industries's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $173M | $137M | $117M | $349M | $336M | $512M | $832M | $960M | $643M | $546M |
| Capital spending | $54M | $71M | $96M | $85M | $89M | $151M | $174M | $180M | $232M | $269M |
| Free cash flow | $119M | $65M | $21M | $264M | $247M | $361M | $657M | $780M | $410M | $276M |
| Stock-based compensation | $2M | $4M | $4M | $4M | $4M | $11M | $28M | $35M | $38M | $38M |
| Dividends paid | $3M | $4M | $22M | $25M | $31M | $40M | $59M | $68M | $81M | $82M |
| Share buybacks (net) | $0 | -$13M | -$25M | — | -$29M | — | -$96M | -$82M | -$141M | -$433M |
| Net borrowing | — | -$5M | $69M | -$3M | — | — | -$39M | -$29,000 | -$40M | — |
| Free cash flow margin | 3.7% | 1.7% | 0.5% | 6.0% | 4.8% | 4.2% | 6.8% | 10.8% | 6.2% | 4.4% |
| Dividends per share | $0.05 | $0.07 | $0.37 | $0.41 | $0.51 | $0.67 | $0.97 | $1.13 | $1.37 | $1.45 |
Questions
What was Ufp Industries's revenue in 2025?
$6.3B in fiscal 2025, from its 10-K filing.
How much free cash flow does Ufp Industries generate?
$276M in fiscal 2025 (operating cash flow minus capital spending).
From Ufp Industries's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.