UFP Industries, Inc. (UFPI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.46B | 1.33B | 1.56B | 1.84B | 1.6B | 1.46B | 1.65B | 1.9B | 1.64B | 1.52B | 1.83B | 2.04B | 1.82B | 1.91B | 2.32B | 2.9B | 2.49B | 2.02B | 2.09B | 2.7B |
| Revenue Growth % | -8.41% | -9.04% | -5.44% | -3.5% | -2.65% | -4.09% | -9.75% | -6.95% | -10.07% | -20.35% | -21.32% | -29.54% | -26.79% | -5.11% | 10.94% | 7.42% | 36.4% | 44.71% | 40.88% | 117.43% |
| Cost of Goods Sold | 1.23B | 1.11B | 1.3B | 1.52B | 1.33B | 1.22B | 1.35B | 1.54B | 1.31B | 1.23B | 1.46B | 1.64B | 1.46B | 1.56B | 1.87B | 2.4B | 2.01B | 1.65B | 1.77B | 2.28B |
| COGS % of Revenue | 83.86% | 83.72% | 83.16% | 82.96% | 83.19% | 83.62% | 81.91% | 80.93% | 80.1% | 80.57% | 80.06% | 80.43% | 80.34% | 81.32% | 80.62% | 82.64% | 80.78% | 81.58% | 84.36% | 84.4% |
| Gross Profit | 235.89M | 216.54M | 262.68M | 312.73M | 268.2M | 239.51M | 298.41M | 362.74M | 326.08M | 296.14M | 364.4M | 400.07M | 358.33M | 357.47M | 450.18M | 503.45M | 478.36M | 371.56M | 327.56M | 421.29M |
| Gross Margin % | 16.14% | 16.28% | 16.84% | 17.04% | 16.81% | 16.38% | 18.09% | 19.07% | 19.9% | 19.43% | 19.94% | 19.57% | 19.66% | 18.68% | 19.38% | 17.36% | 19.22% | 18.42% | 15.64% | 15.6% |
| Gross Profit Growth % | -12.05% | -9.59% | -11.97% | -13.79% | -17.75% | -19.12% | -18.11% | -9.33% | -9% | -17.16% | -19.05% | -20.54% | -25.09% | -3.79% | 37.44% | 19.5% | 66.94% | 98.64% | 35.87% | 105.58% |
| Operating Expenses | 173.46M | 159.73M | 170.75M | 189.64M | 175.94M | 160.05M | 178.49M | 203.71M | 192.25M | 172.15M | 197.07M | 206.57M | 196.62M | 188.92M | 213.13M | 217.89M | 219.34M | 176.56M | 159.43M | 184.36M |
| OpEx % of Revenue | 11.87% | 12.01% | 10.95% | 10.33% | 11.03% | 10.95% | 10.82% | 10.71% | 11.73% | 11.29% | 10.78% | 10.11% | 10.79% | 9.87% | 9.18% | 7.51% | 8.81% | 8.75% | 7.61% | 6.83% |
| Selling, General & Admin | 172.88M | 159.73M | 170.03M | 185M | 176.25M | 156.49M | 183.34M | 203.16M | 192.06M | 171.6M | 195.65M | 204.7M | 194.68M | 183.06M | 214.33M | 214.54M | 220.15M | 178.15M | 169.47M | 184.54M |
| SG&A % of Revenue | 11.83% | 12.01% | 10.9% | 10.08% | 11.05% | 10.7% | 11.12% | 10.68% | 11.72% | 11.26% | 10.71% | 10.02% | 10.68% | 9.57% | 9.23% | 7.4% | 8.84% | 8.83% | 8.09% | 6.83% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 577K | 0 | 722K | 1000K | -310K | 1000K | -1000K | 554K | 196K | 547K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -812K | -1000K | -1000K | -180K |
| Operating Income | 62.43M | 56.81M | 92.65M | 123.09M | 92.25M | 79.46M | 119.93M | 159.03M | 133.82M | 124M | 167.33M | 193.5M | 161.71M | 168.55M | 237.04M | 285.57M | 259.02M | 195.01M | 168.13M | 236.94M |
| Operating Margin % | 4.27% | 4.27% | 5.94% | 6.71% | 5.78% | 5.43% | 7.27% | 8.36% | 8.17% | 8.13% | 9.16% | 9.47% | 8.87% | 8.81% | 10.2% | 9.84% | 10.41% | 9.67% | 8.03% | 8.77% |
| Operating Income Growth % | -32.33% | -28.5% | -22.74% | -22.6% | -31.06% | -35.92% | -28.33% | -17.81% | -17.24% | -26.43% | -29.41% | -32.24% | -37.57% | -13.57% | 40.99% | 20.52% | 88.4% | 121.01% | 57.71% | 156.54% |
| EBITDA | 102.88M | 98.62M | 133.21M | 163.02M | 131.01M | 117.87M | 157.3M | 195.51M | 169.72M | 160.13M | 199.93M | 225.87M | 192.49M | 199.78M | 266.6M | 311.83M | 285.54M | 222.03M | 193.7M | 259.74M |
| EBITDA Margin % | 7.04% | 7.42% | 8.54% | 8.88% | 8.21% | 8.06% | 9.54% | 10.28% | 10.36% | 10.5% | 10.94% | 11.05% | 10.56% | 10.44% | 11.48% | 10.75% | 11.47% | 11.01% | 9.25% | 9.62% |
| EBITDA Growth % | -21.47% | -16.33% | -15.32% | -16.62% | -22.81% | -26.39% | -21.32% | -13.44% | -11.83% | -19.85% | -25.01% | -27.57% | -32.59% | -10.02% | 37.64% | 20.05% | 78.22% | 105.91% | 54.67% | 137.14% |
| D&A (Non-Cash Add-back) | 40.45M | 41.81M | 40.55M | 39.93M | 38.76M | 38.41M | 37.37M | 36.48M | 35.9M | 36.13M | 32.6M | 32.37M | 30.78M | 31.23M | 29.55M | 26.26M | 26.51M | 27.02M | 25.57M | 22.8M |
| EBIT | 62.43M | 63.26M | 101.89M | 134.66M | 103.35M | 94.47M | 137.07M | 171.61M | 149.72M | 138.91M | 176.71M | 200.8M | 167.67M | 169.83M | 235.84M | 284.55M | 258.51M | 196.4M | 167.18M | 237.79M |
| Net Interest Income | 0 | 1.76M | 9.38M | 8.04M | 8.45M | 10.16M | 14.26M | 10.05M | 13.36M | 13.02M | 6.18M | 4.44M | 3.43M | 3.93M | -5.17M | -7.55M | -4.39M | -447K | -3.8M | -2.21M |
| Interest Income | 0 | 4.53M | 12.14M | 10.76M | 11.12M | 13.61M | 17.22M | 13.21M | 16.49M | 16.26M | 9.39M | 7.72M | 6.55M | 7.63M | 0 | 0 | 0 | 2.88M | -371K | 1.69M |
| Interest Expense | 0 | 2.77M | 2.76M | 2.72M | 2.67M | 3.45M | 2.96M | 3.17M | 3.14M | 3.24M | 3.21M | 3.27M | 3.12M | 3.7M | 5.17M | 7.55M | 4.39M | 3.33M | 3.43M | 3.9M |
| Other Income/Expense | 4.51M | 3.67M | 6.48M | 8.85M | 8.43M | 11.56M | 14.18M | 9.41M | 12.76M | 11.66M | 6.18M | 4.03M | 2.84M | 4.49M | -6.38M | -8.57M | -4.91M | -1.94M | -4.75M | -3.04M |
| Pretax Income | 66.94M | 60.48M | 99.13M | 131.94M | 100.68M | 91.02M | 134.11M | 168.44M | 146.59M | 135.66M | 173.51M | 197.52M | 164.55M | 173.04M | 230.66M | 277M | 254.12M | 193.07M | 163.38M | 233.89M |
| Pretax Margin % | 4.58% | 4.55% | 6.36% | 7.19% | 6.31% | 6.23% | 8.13% | 8.86% | 8.94% | 8.9% | 9.49% | 9.66% | 9.03% | 9.04% | 9.93% | 9.55% | 10.21% | 9.57% | 7.8% | 8.66% |
| Income Tax | 15.85M | 20.32M | 23.59M | 31.07M | 21.26M | 21.24M | 32.49M | 42.21M | 25.49M | 31.75M | 39.33M | 46.73M | 38.97M | 41.16M | 58.56M | 69.15M | 60.98M | 46.06M | 37.63M | 58.53M |
| Effective Tax Rate % | 23.67% | 33.61% | 23.8% | 23.55% | 21.11% | 23.33% | 24.23% | 25.06% | 17.39% | 23.41% | 22.67% | 23.66% | 23.68% | 23.79% | 25.39% | 24.96% | 24% | 23.86% | 23.03% | 25.02% |
| Net Income | 50.77M | 39.96M | 72.52M | 100.73M | 78.75M | 68.04M | 99.8M | 125.93M | 120.79M | 103.45M | 134.03M | 150.76M | 126.07M | 132.59M | 167.24M | 203.12M | 189.7M | 137.91M | 121.04M | 173.38M |
| Net Margin % | 3.47% | 3% | 4.65% | 5.49% | 4.94% | 4.65% | 6.05% | 6.62% | 7.37% | 6.79% | 7.33% | 7.38% | 6.92% | 6.93% | 7.2% | 7% | 7.62% | 6.84% | 5.78% | 6.42% |
| Net Income Growth % | -35.53% | -41.27% | -27.34% | -20.01% | -34.8% | -34.23% | -25.54% | -16.47% | -4.19% | -21.98% | -19.86% | -25.78% | -33.54% | -3.86% | 38.17% | 17.15% | 83.62% | 119.07% | 56.78% | 160.87% |
| Net Income (Continuing) | 51.1M | 40.16M | 75.54M | 100.87M | 79.42M | 69.78M | 101.62M | 126.23M | 121.1M | 103.91M | 134.18M | 150.79M | 125.58M | 131.88M | 172.1M | 207.85M | 193.13M | 147.01M | 125.75M | 175.36M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 27.83M | 28.33M | 26.66M | 25.92M | 24.91M | 39.63M | 47.72M | 50.46M | 36.17M | 38.39M | 36.66M | 39.72M | 39.22M | 44.92M | 40.28M | 37.96M | 26.71M | 23.03M |
| EPS (Diluted) | 0.89 | 0.70 | 1.27 | 1.70 | 1.30 | 1.12 | 1.64 | 2.05 | 1.96 | 1.59 | 2.10 | 2.36 | 1.98 | 2.06 | 2.66 | 3.23 | 3.11 | 2.21 | 1.94 | 2.78 |
| EPS Growth % | -31.54% | -37.5% | -22.56% | -17.07% | -33.67% | -29.56% | -21.9% | -13.14% | -1.01% | -22.82% | -21.05% | -26.93% | -36.33% | -6.79% | 37.11% | 16.19% | 86.23% | 116.67% | 55.2% | 157.41% |
| EPS (Basic) | 0.90 | 0.70 | 1.27 | 1.70 | 1.30 | 1.12 | 1.64 | 2.05 | 1.96 | 1.59 | 2.14 | 2.40 | 2.01 | 2.06 | 2.68 | 3.24 | 3.12 | 2.21 | 1.94 | 2.79 |
| Diluted Shares Outstanding | 57.05M | 57.08M | 57.19M | 57.19M | 60.58M | 60.85M | 60.85M | 59.16M | 59.26M | 61.62M | 60.62M | 60.54M | 60.8M | 61.62M | 60.19M | 60.42M | 60.97M | 62.4M | 60.4M | 60.36M |
| Basic Shares Outstanding | 56.42M | 57.08M | 57.07M | 57.07M | 60.58M | 60.72M | 58.41M | 59.03M | 59.18M | 61.62M | 59.53M | 59.63M | 59.95M | 61.62M | 59.88M | 60.21M | 60.75M | 60.3M | 60.23M | 60.21M |
| Dividend Payout Ratio | 40.29% | 49.7% | 28.29% | 20.51% | 27.07% | 29.48% | 20.1% | 16.08% | 16.9% | 17.9% | 13.86% | 10.29% | 12.41% | 11.64% | 9.21% | 7.62% | 6.61% | 8.98% | 7.67% | 5.35% |