UFP INDUSTRIES INCUFPIEarnings & Financial Report
UFP Industries, Inc. is a holding company that serves three markets: retail, industrial and construction. The company is headquartered in Grand Rapids, Michigan, and has been publicly traded since 1993. UFP Industries has 218 affiliated operations, which supply tens of thousands of products to three markets: UFP Retail, UFP Construction, and UFP Packaging.
Revenue
$1.8B
Gross Profit
$312.7M
Operating Profit
$123.1M
Net Profit
$100.7M
Gross Margin
17.0%
Operating Margin
6.7%
Net Margin
5.5%
YoY Growth
-3.5%
EPS
$1.70
UFP INDUSTRIES INC Q2 FY2025 Financial Summary
UFP INDUSTRIES INC reported revenue of $1.8B (down 3.5% YoY) for Q2 FY2025, with a net profit of $100.7M (down 20.0% YoY) (5.5% margin). Cost of goods sold was $1.5B, operating expenses totaled $189.6M.
Key Financial Metrics
| Total Revenue | $1.8B |
|---|---|
| Net Profit | $100.7M |
| Gross Margin | 17.0% |
| Operating Margin | 6.7% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
UFP INDUSTRIES INC Q2 FY2025 revenue of $1.8B breaks down across 10 segments, led by Prowood at $690.2M (37.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Prowood | $690.2M | 37.6% |
| Structural Packaging | $267.3M | 14.6% |
| Factory Built | $229.7M | 12.5% |
| Site Built | $202.4M | 11.0% |
| Palletone Inc | $141.9M | 7.7% |
| Deckorators | $98.0M | 5.3% |
| Commercial | $70.5M | 3.8% |
| Concrete Forming | $49.0M | 2.7% |
| Transferred Over Time | $36.1M | 2.0% |
| Protective Packaging | $19.5M | 1.1% |
UFP INDUSTRIES INC Revenue by Segment — Quarterly Trend
UFP INDUSTRIES INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Prowood and Structural Packaging) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Prowood | — | $512.8M | $690.2M | $540.5M |
| Structural Packaging | $230.2M | $245.9M | $267.3M | $256.0M |
| Factory Built | $189.7M | $201.6M | $229.7M | $217.2M |
| Site Built | $152.7M | $168.1M | $202.4M | $190.6M |
| Palletone Inc | $119.2M | $126.6M | $141.9M | $134.2M |
UFP INDUSTRIES INC Annual Revenue by Year
UFP INDUSTRIES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $6.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $6.3B |
| 2024 | $6.7B |
| 2022 | $9.6B |
UFP INDUSTRIES INC Quarterly Revenue & Net Profit History
UFP INDUSTRIES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.3B | -9.0% | $40.0M | 3.0% |
| Q3 FY2025 | $1.6B | -5.4% | $75.3M | 4.8% |
| Q2 FY2025 | $1.8B | -3.5% | $100.7M | 5.5% |
| Q1 FY2025 | $1.6B | -2.7% | $78.8M | 4.9% |
| Q4 FY2024 | $1.5B | — | $68.0M | 4.7% |
| Q3 FY2024 | $1.6B | -9.8% | $99.8M | 6.1% |
| Q2 FY2024 | $1.9B | +4.4% | $125.9M | 6.6% |
| Q1 FY2024 | $1.6B | — | $120.8M | 7.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.64B | $1.90B | $1.65B | $1.46B | $1.60B | $1.84B | $1.56B | $1.33B |
| YoY Growth | N/A | 4.4% | -9.8% | N/A | -2.7% | -3.5% | -5.4% | -9.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.08B | $4.14B | $4.22B | $4.15B | $4.15B | $4.10B | $4.14B | $4.02B |
| Liabilities | $943.2M | $1.00B | $1.02B | $900.9M | $886.0M | $923.7M | $927.3M | $934.2M |
| Equity | $3.09B | $3.10B | $3.17B | $3.22B | $3.24B | $3.15B | $3.18B | $3.06B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-16.8M | $255.9M | $258.6M | $144.9M | $-108.8M | $221.9M | $286.0M | $146.6M |