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SSDSimpson Manufacturing Co., Inc.
$197.62$8.2B
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  4. Financial Ratios

Simpson Manufacturing Co., Inc. (SSD) Financial Ratios

Latest Ratios: P/E Ratio 24.0x · EV/EBITDA 15.6x · ROE 18.0%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

SSD Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$8.2B$6.8B$7.0B$8.5B$3.8B$6.1B$4.1B$3.6B$2.5B$2.7B$2.1B
Enterprise Value$8.3B$6.9B$7.3B$8.6B$4.2B$5.8B$3.9B$3.4B$2.4B$2.6B$1.9B
P/E Ratio →23.9819.6021.8223.9711.4322.7221.8926.9219.4729.5923.52
P/S Ratio3.512.903.153.831.803.853.233.172.342.812.45
P/B Ratio4.083.333.885.052.705.114.184.042.943.102.44
P/FCF27.6822.8644.5425.0811.3159.5324.1521.4419.2644.9439.91
P/OCF17.9214.8020.7819.869.5540.0119.7417.5215.7423.0422.25

P/E links to full P/E history page with 30-year chart

SSD EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—2.943.263.891.963.693.053.002.192.642.19
EV / EBITDA15.6012.9214.1115.527.5913.8212.9915.9611.3514.9211.26
EV / EBIT18.7214.8416.7017.779.0116.1315.3618.9013.6217.7113.47
EV / FCF—23.2146.0725.4412.3057.0222.8020.2818.0442.2435.63

SSD Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin45.9%45.9%46.0%47.2%44.5%48.0%45.4%43.2%44.5%45.7%47.9%
Operating Margin19.0%19.0%19.3%21.7%22.4%23.4%19.9%15.4%15.6%14.2%16.2%
Net Profit Margin14.8%14.8%14.4%16.0%15.8%16.9%14.7%11.8%11.7%9.5%10.4%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE18.0%18.0%18.5%22.9%25.7%24.6%20.0%15.3%14.6%10.6%10.5%
ROA11.9%11.9%11.8%13.6%16.7%19.6%16.1%12.7%12.3%9.2%9.2%
ROIC15.9%15.9%16.7%20.3%26.6%32.8%26.1%18.9%17.9%15.3%17.0%
ROCE17.5%17.5%18.2%21.3%28.0%32.3%25.5%19.4%19.0%15.7%16.1%

SSD Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.240.240.270.330.450.040.050.04—0.00—
Debt / EBITDA0.920.920.930.991.160.110.160.17—0.02—
Net Debt / Equity—0.050.130.070.24-0.22-0.23-0.22-0.19-0.19-0.26
Net Debt / EBITDA0.190.190.470.220.61-0.61-0.77-0.91-0.77-0.95-1.35
Debt / FCF—0.351.530.360.99-2.51-1.35-1.16-1.22-2.70-4.28
Interest Coverage——8.9065.1236.38422.82110.2788.95162.77123.70122.10

SSD Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio3.543.543.213.633.384.083.884.033.964.265.38
Quick Ratio1.991.991.592.111.792.272.422.452.132.423.24
Cash Ratio1.011.010.651.190.861.231.421.451.061.232.08
Asset Turnover—0.760.820.820.851.061.031.041.060.940.88
Inventory Turnover2.132.132.032.122.111.842.442.562.172.111.93
Days Sales Outstanding—47.3646.5046.8246.4253.6047.5344.7649.4150.7947.68

SSD Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield0.6%0.7%0.7%0.5%1.2%0.7%1.0%1.1%1.6%1.3%1.5%
Payout Ratio13.8%13.8%14.4%12.8%13.1%15.6%21.6%30.0%31.5%39.9%36.5%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield4.2%5.1%4.6%4.2%8.8%4.4%4.6%3.7%5.1%3.4%4.3%
FCF Yield3.6%4.4%2.2%4.0%8.8%1.7%4.1%4.7%5.2%2.2%2.5%
Buyback Yield1.5%1.8%1.4%0.6%2.1%0.4%1.9%1.7%4.4%2.6%2.5%
Total Shareholder Yield2.0%2.5%2.1%1.1%3.2%1.1%2.8%2.8%6.0%3.9%4.1%
Shares Outstanding—$42M$42M$43M$43M$44M$44M$45M$47M$48M$48M

Key Metrics

Growth RegimeAccelerating
ProfitabilityStrong
Balance SheetFortress
Cash FlowRobust
Top Statement Risk

Cyclical housing market exposure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Premium Pricing Reflects Quality Moat

According to current market data, SSD trades at a forward P/E of 23.16, which appears to command a premium relative to broader industrial peers, suggesting that investors are pricing in the company's entrenched specification-led competitive advantage rather than just its cyclical exposure to US housing starts.

The current valuation multiple implies that the market views SSD as a high-quality compounder rather than a volatile construction play. While the PEG ratio of 1.81 suggests the stock is not cheap, the valuation appears justified by the company's ability to maintain high margins through proprietary engineering software integration.

Capital Efficiency Trends Require Monitoring

Based on reported figures, SSD's ROIC has fluctuated between 2.5% and 5.2% over the last ten quarters, a trend that warrants further investigation as it suggests the company's returns on invested capital are currently modest compared to high-performing industrial peers like IBP or Trex.

The relatively low ROIC figures may be partially obscured by the recent integration of large acquisitions, which temporarily inflate the capital base. Investors should monitor whether these returns improve as the company realizes synergies from its expanded international footprint and specialty product lines.

Working Capital Cycles Impact Liquidity

As reported in financial statements, SSD's cash conversion cycle remains elevated, peaking at 211 days in early 2025, which highlights the company's significant inventory dependence and the inherent challenges of managing a complex distribution network across both North American and European markets.

The high days inventory outstanding (DIO) suggests a strategic decision to prioritize product availability for contractors, which is essential for maintaining the 'spec-in' moat. However, this efficiency profile implies that the company must maintain a substantial liquidity buffer to manage the resulting working capital volatility.

Misapplication of Housing Start Metrics

The most commonly misapplied ratio for SSD is the P/S multiple when used as a direct proxy for housing starts, as this obscures the company's 'intensity of use' growth story driven by tightening building codes and the increasing complexity of structural requirements in modern residential construction.

Relying solely on housing starts ignores the company's ability to grow revenue per unit through higher-margin specialty anchors and chemical products. Analysts should instead focus on 'content per start' metrics to better capture the true underlying growth trajectory of the business model.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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SSD — Frequently Asked Questions

Quick answers to the most common questions about buying SSD stock.

What is Simpson Manufacturing Co., Inc.'s P/E ratio?

Simpson Manufacturing Co., Inc.'s current P/E ratio is 24.0x. The historical average is 26.9x. This places it at the 63th percentile of its historical range.

What is Simpson Manufacturing Co., Inc.'s EV/EBITDA?

Simpson Manufacturing Co., Inc.'s current EV/EBITDA is 15.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.0x.

What is Simpson Manufacturing Co., Inc.'s ROE?

Simpson Manufacturing Co., Inc.'s return on equity (ROE) is 18.0%. The historical average is 14.7%.

Is SSD stock overvalued?

Based on historical data, Simpson Manufacturing Co., Inc. is trading at a P/E of 24.0x. This is at the 63th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Simpson Manufacturing Co., Inc.'s dividend yield?

Simpson Manufacturing Co., Inc.'s current dividend yield is 0.58% with a payout ratio of 13.8%.

What are Simpson Manufacturing Co., Inc.'s profit margins?

Simpson Manufacturing Co., Inc. has 45.9% gross margin and 19.0% operating margin. Operating margin between 10-20% is typical for established companies.

How much debt does Simpson Manufacturing Co., Inc. have?

Simpson Manufacturing Co., Inc.'s Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.