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Side-by-side financial comparison of LOUISIANA-PACIFIC CORP (LPX) and PROG Holdings, Inc. (PRG). Click either name above to swap in a different company.

PROG Holdings, Inc. is the larger business by last-quarter revenue ($651.6M vs $566.0M, roughly 1.2× LOUISIANA-PACIFIC CORP). PROG Holdings, Inc. runs the higher net margin — 5.5% vs -1.4%, a 6.9% gap on every dollar of revenue. On growth, LOUISIANA-PACIFIC CORP posted the faster year-over-year revenue change (-16.9% vs -19.6%). Over the past eight quarters, PROG Holdings, Inc.'s revenue compounded faster (4.9% CAGR vs -11.6%).

Louisiana-Pacific Corporation (LP) is an American building materials manufacturer. The company was founded in 1973 and LP pioneered the U.S. production of oriented strand board (OSB) panels. Currently based in Nashville, Tennessee, LP is the world's largest producer of OSB and manufactures engineered wood building products. LP products are sold to builders and homeowners through building materials distributors and dealers and retail home centers.

PROG Holdings, Inc. is a U.S.-based financial technology firm providing flexible lease-to-own and point-of-sale financing solutions to consumers. Operating primarily in the U.S. market, its core segments include retail partner financing, consumer lending, and payment services that help customers access electronics and household goods without traditional credit requirements.

LPX vs PRG — Head-to-Head

Bigger by revenue
PRG
PRG
1.2× larger
PRG
$651.6M
$566.0M
LPX
Growing faster (revenue YoY)
LPX
LPX
+2.7% gap
LPX
-16.9%
-19.6%
PRG
Higher net margin
PRG
PRG
6.9% more per $
PRG
5.5%
-1.4%
LPX
Faster 2-yr revenue CAGR
PRG
PRG
Annualised
PRG
4.9%
-11.6%
LPX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LPX
LPX
PRG
PRG
Revenue
$566.0M
$651.6M
Net Profit
$-8.0M
$36.1M
Gross Margin
15.0%
Operating Margin
-1.6%
10.0%
Net Margin
-1.4%
5.5%
Revenue YoY
-16.9%
-19.6%
Net Profit YoY
-112.9%
3.8%
EPS (diluted)
$-0.12
$3.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LPX
LPX
PRG
PRG
Q1 26
$651.6M
Q4 25
$566.0M
$525.4M
Q3 25
$663.0M
$595.1M
Q2 25
$755.0M
$604.7M
Q1 25
$724.0M
$684.1M
Q4 24
$681.0M
$558.9M
Q3 24
$722.0M
$606.1M
Q2 24
$814.0M
$592.2M
Net Profit
LPX
LPX
PRG
PRG
Q1 26
$36.1M
Q4 25
$-8.0M
$40.5M
Q3 25
$9.0M
$33.1M
Q2 25
$54.0M
$38.5M
Q1 25
$91.0M
$34.7M
Q4 24
$62.0M
$57.5M
Q3 24
$90.0M
$84.0M
Q2 24
$160.0M
$33.8M
Gross Margin
LPX
LPX
PRG
PRG
Q1 26
Q4 25
15.0%
Q3 25
19.5%
Q2 25
23.6%
Q1 25
27.2%
Q4 24
23.8%
Q3 24
26.7%
Q2 24
32.3%
Operating Margin
LPX
LPX
PRG
PRG
Q1 26
10.0%
Q4 25
-1.6%
6.9%
Q3 25
2.7%
9.0%
Q2 25
10.6%
10.0%
Q1 25
16.6%
8.2%
Q4 24
11.0%
8.9%
Q3 24
16.1%
8.1%
Q2 24
23.8%
9.4%
Net Margin
LPX
LPX
PRG
PRG
Q1 26
5.5%
Q4 25
-1.4%
7.7%
Q3 25
1.4%
5.6%
Q2 25
7.2%
6.4%
Q1 25
12.6%
5.1%
Q4 24
9.1%
10.3%
Q3 24
12.5%
13.9%
Q2 24
19.7%
5.7%
EPS (diluted)
LPX
LPX
PRG
PRG
Q1 26
$3.68
Q4 25
$-0.12
$0.99
Q3 25
$0.13
$0.82
Q2 25
$0.77
$0.95
Q1 25
$1.30
$0.83
Q4 24
$0.90
$1.33
Q3 24
$1.28
$1.94
Q2 24
$2.23
$0.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LPX
LPX
PRG
PRG
Cash + ST InvestmentsLiquidity on hand
$292.0M
$69.4M
Total DebtLower is stronger
$348.0M
Stockholders' EquityBook value
$1.7B
$774.4M
Total Assets
$2.6B
$2.0B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPX
LPX
PRG
PRG
Q1 26
$69.4M
Q4 25
$292.0M
$308.8M
Q3 25
$316.0M
$292.6M
Q2 25
$333.0M
$222.0M
Q1 25
$256.0M
$213.3M
Q4 24
$340.0M
$90.9M
Q3 24
$346.0M
$221.7M
Q2 24
$317.0M
$250.1M
Total Debt
LPX
LPX
PRG
PRG
Q1 26
Q4 25
$348.0M
$594.9M
Q3 25
$348.0M
Q2 25
$348.0M
Q1 25
$348.0M
Q4 24
$348.0M
$643.6M
Q3 24
$347.0M
Q2 24
$347.0M
Stockholders' Equity
LPX
LPX
PRG
PRG
Q1 26
$774.4M
Q4 25
$1.7B
$746.4M
Q3 25
$1.7B
$703.6M
Q2 25
$1.7B
$668.7M
Q1 25
$1.7B
$654.4M
Q4 24
$1.7B
$650.3M
Q3 24
$1.7B
$630.8M
Q2 24
$1.7B
$581.9M
Total Assets
LPX
LPX
PRG
PRG
Q1 26
$2.0B
Q4 25
$2.6B
$1.6B
Q3 25
$2.6B
$1.5B
Q2 25
$2.7B
$1.5B
Q1 25
$2.6B
$1.5B
Q4 24
$2.6B
$1.5B
Q3 24
$2.6B
$1.4B
Q2 24
$2.5B
$1.5B
Debt / Equity
LPX
LPX
PRG
PRG
Q1 26
Q4 25
0.20×
0.80×
Q3 25
0.20×
Q2 25
0.20×
Q1 25
0.21×
Q4 24
0.21×
0.99×
Q3 24
0.21×
Q2 24
0.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LPX
LPX
PRG
PRG
Operating Cash FlowLast quarter
$67.0M
Free Cash FlowOCF − Capex
$-8.0M
FCF MarginFCF / Revenue
-1.4%
Capex IntensityCapex / Revenue
13.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$91.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPX
LPX
PRG
PRG
Q1 26
Q4 25
$67.0M
$-54.9M
Q3 25
$89.0M
$110.0M
Q2 25
$162.0M
$69.9M
Q1 25
$64.0M
$209.9M
Q4 24
$105.0M
$-84.5M
Q3 24
$183.0M
$31.9M
Q2 24
$212.0M
$55.4M
Free Cash Flow
LPX
LPX
PRG
PRG
Q1 26
Q4 25
$-8.0M
$-57.5M
Q3 25
$5.0M
$106.5M
Q2 25
$94.0M
$68.0M
Q1 25
$0
$208.0M
Q4 24
$43.0M
$-86.8M
Q3 24
$139.0M
$29.8M
Q2 24
$176.0M
$53.5M
FCF Margin
LPX
LPX
PRG
PRG
Q1 26
Q4 25
-1.4%
-10.9%
Q3 25
0.8%
17.9%
Q2 25
12.5%
11.2%
Q1 25
0.0%
30.4%
Q4 24
6.3%
-15.5%
Q3 24
19.3%
4.9%
Q2 24
21.6%
9.0%
Capex Intensity
LPX
LPX
PRG
PRG
Q1 26
Q4 25
13.3%
0.5%
Q3 25
12.7%
0.6%
Q2 25
9.0%
0.3%
Q1 25
8.8%
0.3%
Q4 24
9.1%
0.4%
Q3 24
6.1%
0.3%
Q2 24
4.4%
0.3%
Cash Conversion
LPX
LPX
PRG
PRG
Q1 26
Q4 25
-1.36×
Q3 25
9.89×
3.32×
Q2 25
3.00×
1.82×
Q1 25
0.70×
6.05×
Q4 24
1.69×
-1.47×
Q3 24
2.03×
0.38×
Q2 24
1.32×
1.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LPX
LPX

OS Bvalueadd$472.0M83%
Other$84.0M15%
Otherproducts$10.0M2%

PRG
PRG

Segment breakdown not available.

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