Louisiana-Pacific Corporation Earnings Recaps
Q3 2025
Nov 6, 2025
Louisiana-Pacific Corporation reported a challenging third quarter with a significant decline in total sales and EBITDA due to reduced OSB prices, but managed to achieve 5% growth in siding sales revenue driven by favorable pricing and a strong product mix.
Key takeaways
- Siding sales revenue rose 5%, primarily from price increases and a 17% growth in ExpertFinish product sales.
- Total company sales decreased 8% year-over-year, with EBITDA down to $82 million impacted by prolonged low OSB prices.
- OSB operations demonstrated resilience, achieving 80% overall equipment effectiveness, a notable improvement from last year.
- LP was recognized among the 50 Best Manufacturers in the U.S. and as one of America's Most Admired Workplaces.
- CEO Brad Southern announced plans to retire in February 2026 after 25 years, with Jason Ringblom set to succeed him, ensuring continuity in strategic leadership.