NASDAQ$UFPI

UFP Industries Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

UFP Industries reported record net sales and profits.

UFP Industries announced record net sales and profits for the fourth quarter of 2019. Net sales were $998 million, a 1% increase year-over-year. Earnings from operations were $51.8 million, up 14 percent, and net earnings attributable to controlling interest of $37.7 million were up 24 percent. EBITDA of $70.9 million increased by 12 percent.

  • Earnings from operations of $51.8 million were up 14 percent.
  • Net earnings attributable to controlling interest of $37.7 million were up 24 percent.
  • EBITDA of $70.9 million increased by 12 percent.
  • Net sales of $998 million represent a 1 percent increase.

Headline financials

Total Revenue

$998M

Previous: $988M+1.0%
EPS (adj)

$0.61

Previous: $0.50+22.0%
Adjusted EBITDA

$70.9M

Previous: $63.3M+12.0%
Gross Margin

15.8%

Previous: 13.9%+13.7%
Capital Expenditures

$18.6M

Previous: $21.3M-12.8%
Free Cash Flow

$133M

Previous: $35.3M+276.1%
Net Income

$38.7M

Previous: $30.5M+26.8%
Operating Income

$51.8M

Previous: $45.4M+13.9%
Gross Profit

$157M

Previous: $138M+14.2%
Cash & Equivalents

$168M

Previous: $27.3M+516.3%
Total Assets

$1.89B

Previous: $1.65B+14.7%
Stock-Based Comp

$4M

Previous: $3.6M+11.1%

Revenue & EPS history

UFP Industries · Revenue · Quarterly

$998M

Q4 2019+1%vs Q4 2018
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

UFP Industries · $702M total across 2 segments · Q4 2019

  • Construction
    $379M+0.7%
  • Retail
    $323M+6.9%

Forward guidance

Although our results indicate we are performing well, we believe we can continue to improve and have made changes to do so. Our new structure is intended to bring even greater alignment with our customers and allow for quicker introduction of new, value-added products. It also will help us more effectively allocate capital to grow and improve our business. We are truly excited about the future of UFP Industries.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+1.6%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+1.3%

Avg return

30 days after

55%

36 / 66 earnings

Positive

+18.5%

Q3 2019

Best reaction

-10.5%

Q3 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.1%+0.6%-3.0%
Q4 2025+2.9%-3.2%-14.7%
Q3 2025+2.1%+1.7%+3.3%
Q2 2025+3.6%-1.8%-3.8%
Q1 2025-5.9%-4.3%-7.8%
Q4 2024-1.6%-6.7%-7.3%
Q3 2024-5.5%-5.4%+3.9%
Q2 2024+3.8%-4.0%-5.1%
Q1 2024-2.4%+0.7%+1.9%
Q4 2023-7.2%-5.7%+2.6%
Q3 2023-0.4%+7.7%+14.0%
Q2 2023-1.7%+0.5%+3.8%
Q1 2023+3.7%+2.6%-0.1%
Q4 2022-3.7%-2.1%-11.8%
Q3 2022-4.7%-3.0%+10.3%
Q2 2022+12.0%+15.6%+18.6%
Q1 2022+0.1%+1.3%-3.5%
Q4 2021+7.2%+8.0%+12.3%
Q3 2021+10.3%+13.1%+20.1%
Q2 2021+2.2%+3.1%+3.3%
Q1 2021+1.5%+8.2%+2.1%
Q4 2020-0.2%+4.6%+21.4%
Q3 2020-4.3%-8.4%-5.3%
Q2 2020+6.5%+12.4%+20.8%
Q1 2020+3.9%+13.6%+22.6%
Q4 2019+15.6%+11.6%-37.4%
Q3 2019+18.5%+19.6%+15.2%
Q2 2019+12.5%+16.6%+8.4%
Q1 2019+13.7%+19.6%+10.2%
Q4 2018-0.8%-1.4%-10.8%
Q3 2018-4.4%-11.9%-13.6%
Q2 2018-6.2%-7.0%-3.8%
Q1 2018-3.6%-1.6%+4.3%
Q4 2017-5.3%-5.2%-12.0%
Q3 2017+6.2%+9.5%+13.6%
Q2 2017-1.8%-6.3%-10.4%
Q1 2017-3.8%-2.2%-8.0%
Q4 2016-10.2%-8.9%-9.3%
Q3 2016-5.7%-4.6%+0.5%
Q2 2016-1.3%+4.7%+4.9%
Q1 2016-3.9%
Q4 2015+10.5%
Q3 2015+15.4%
Q2 2015+12.5%
Q1 2015+4.2%
Q4 2014-3.6%
Q3 2014+8.5%
Q2 2014-1.3%
Q1 2014+0.1%
Q4 2013+16.0%
Q3 2013+11.1%
Q2 2013+4.5%
Q1 2013+6.7%
Q4 2012+2.5%
Q3 2012-10.5%
Q2 2012+0.6%
Q1 2012-3.4%
Q1 2011-3.4%
Q4 2009+2.6%
Q4 2011+2.6%
Q3 2010+0.8%
Q3 2011+0.8%
Q2 2010-7.1%
Q4 2010-7.1%
Q2 2011-7.1%
Q1 2010+7.2%

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