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Side-by-side financial comparison of LOUISIANA-PACIFIC CORP (LPX) and Transocean Ltd. (RIG). Click either name above to swap in a different company.

Transocean Ltd. is the larger business by last-quarter revenue ($1.0B vs $566.0M, roughly 1.8× LOUISIANA-PACIFIC CORP). Transocean Ltd. runs the higher net margin — 2.4% vs -1.4%, a 3.8% gap on every dollar of revenue. On growth, Transocean Ltd. posted the faster year-over-year revenue change (9.6% vs -16.9%). Transocean Ltd. produced more free cash flow last quarter ($321.0M vs $-8.0M). Over the past eight quarters, Transocean Ltd.'s revenue compounded faster (16.9% 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.

Transocean Ltd. is an American drilling company. It is the world's largest offshore drilling contractor based on revenue and is based in Steinhausen, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.

LPX vs RIG — Head-to-Head

Bigger by revenue
RIG
RIG
1.8× larger
RIG
$1.0B
$566.0M
LPX
Growing faster (revenue YoY)
RIG
RIG
+26.4% gap
RIG
9.6%
-16.9%
LPX
Higher net margin
RIG
RIG
3.8% more per $
RIG
2.4%
-1.4%
LPX
More free cash flow
RIG
RIG
$329.0M more FCF
RIG
$321.0M
$-8.0M
LPX
Faster 2-yr revenue CAGR
RIG
RIG
Annualised
RIG
16.9%
-11.6%
LPX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LPX
LPX
RIG
RIG
Revenue
$566.0M
$1.0B
Net Profit
$-8.0M
$25.0M
Gross Margin
15.0%
42.0%
Operating Margin
-1.6%
23.0%
Net Margin
-1.4%
2.4%
Revenue YoY
-16.9%
9.6%
Net Profit YoY
-112.9%
257.1%
EPS (diluted)
$-0.12
$0.13

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
RIG
RIG
Q4 25
$566.0M
$1.0B
Q3 25
$663.0M
$1.0B
Q2 25
$755.0M
$988.0M
Q1 25
$724.0M
$906.0M
Q4 24
$681.0M
$952.0M
Q3 24
$722.0M
$948.0M
Q2 24
$814.0M
$861.0M
Q1 24
$724.0M
$763.0M
Net Profit
LPX
LPX
RIG
RIG
Q4 25
$-8.0M
$25.0M
Q3 25
$9.0M
$-1.9B
Q2 25
$54.0M
$-938.0M
Q1 25
$91.0M
$-79.0M
Q4 24
$62.0M
$7.0M
Q3 24
$90.0M
$-494.0M
Q2 24
$160.0M
$-123.0M
Q1 24
$108.0M
$98.0M
Gross Margin
LPX
LPX
RIG
RIG
Q4 25
15.0%
42.0%
Q3 25
19.5%
43.2%
Q2 25
23.6%
39.4%
Q1 25
27.2%
31.8%
Q4 24
23.8%
39.2%
Q3 24
26.7%
40.6%
Q2 24
32.3%
38.0%
Q1 24
29.6%
31.5%
Operating Margin
LPX
LPX
RIG
RIG
Q4 25
-1.6%
23.0%
Q3 25
2.7%
-163.1%
Q2 25
10.6%
-97.6%
Q1 25
16.6%
7.1%
Q4 24
11.0%
13.7%
Q3 24
16.1%
-51.2%
Q2 24
23.8%
-6.9%
Q1 24
20.0%
-0.4%
Net Margin
LPX
LPX
RIG
RIG
Q4 25
-1.4%
2.4%
Q3 25
1.4%
-187.1%
Q2 25
7.2%
-94.9%
Q1 25
12.6%
-8.7%
Q4 24
9.1%
0.7%
Q3 24
12.5%
-52.1%
Q2 24
19.7%
-14.3%
Q1 24
14.9%
12.8%
EPS (diluted)
LPX
LPX
RIG
RIG
Q4 25
$-0.12
$0.13
Q3 25
$0.13
$-2.00
Q2 25
$0.77
$-1.06
Q1 25
$1.30
$-0.11
Q4 24
$0.90
$-0.14
Q3 24
$1.28
$-0.58
Q2 24
$2.23
$-0.15
Q1 24
$1.48
$0.11

Balance Sheet & Financial Strength

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

Metric
LPX
LPX
RIG
RIG
Cash + ST InvestmentsLiquidity on hand
$292.0M
$620.0M
Total DebtLower is stronger
$348.0M
$5.2B
Stockholders' EquityBook value
$1.7B
$8.1B
Total Assets
$2.6B
$15.6B
Debt / EquityLower = less leverage
0.20×
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPX
LPX
RIG
RIG
Q4 25
$292.0M
$620.0M
Q3 25
$316.0M
$833.0M
Q2 25
$333.0M
$377.0M
Q1 25
$256.0M
$263.0M
Q4 24
$340.0M
$560.0M
Q3 24
$346.0M
$435.0M
Q2 24
$317.0M
$475.0M
Q1 24
$244.0M
$446.0M
Total Debt
LPX
LPX
RIG
RIG
Q4 25
$348.0M
$5.2B
Q3 25
$348.0M
$4.8B
Q2 25
$348.0M
$5.9B
Q1 25
$348.0M
$5.9B
Q4 24
$348.0M
$6.2B
Q3 24
$347.0M
$6.5B
Q2 24
$347.0M
$6.8B
Q1 24
$347.0M
$6.8B
Stockholders' Equity
LPX
LPX
RIG
RIG
Q4 25
$1.7B
$8.1B
Q3 25
$1.7B
$8.1B
Q2 25
$1.7B
$9.4B
Q1 25
$1.7B
$10.2B
Q4 24
$1.7B
$10.3B
Q3 24
$1.7B
$10.2B
Q2 24
$1.7B
$10.7B
Q1 24
$1.6B
$10.5B
Total Assets
LPX
LPX
RIG
RIG
Q4 25
$2.6B
$15.6B
Q3 25
$2.6B
$16.2B
Q2 25
$2.7B
$17.8B
Q1 25
$2.6B
$19.0B
Q4 24
$2.6B
$19.4B
Q3 24
$2.6B
$19.5B
Q2 24
$2.5B
$20.3B
Q1 24
$2.5B
$19.9B
Debt / Equity
LPX
LPX
RIG
RIG
Q4 25
0.20×
0.64×
Q3 25
0.20×
0.60×
Q2 25
0.20×
0.63×
Q1 25
0.21×
0.58×
Q4 24
0.21×
0.60×
Q3 24
0.21×
0.64×
Q2 24
0.21×
0.63×
Q1 24
0.21×
0.65×

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
RIG
RIG
Operating Cash FlowLast quarter
$67.0M
$349.0M
Free Cash FlowOCF − Capex
$-8.0M
$321.0M
FCF MarginFCF / Revenue
-1.4%
30.8%
Capex IntensityCapex / Revenue
13.3%
2.7%
Cash ConversionOCF / Net Profit
13.96×
TTM Free Cash FlowTrailing 4 quarters
$91.0M
$626.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPX
LPX
RIG
RIG
Q4 25
$67.0M
$349.0M
Q3 25
$89.0M
$246.0M
Q2 25
$162.0M
$128.0M
Q1 25
$64.0M
$26.0M
Q4 24
$105.0M
$206.0M
Q3 24
$183.0M
$194.0M
Q2 24
$212.0M
$133.0M
Q1 24
$105.0M
$-86.0M
Free Cash Flow
LPX
LPX
RIG
RIG
Q4 25
$-8.0M
$321.0M
Q3 25
$5.0M
$235.0M
Q2 25
$94.0M
$104.0M
Q1 25
$0
$-34.0M
Q4 24
$43.0M
$177.0M
Q3 24
$139.0M
$136.0M
Q2 24
$176.0M
$49.0M
Q1 24
$64.0M
$-169.0M
FCF Margin
LPX
LPX
RIG
RIG
Q4 25
-1.4%
30.8%
Q3 25
0.8%
22.9%
Q2 25
12.5%
10.5%
Q1 25
0.0%
-3.8%
Q4 24
6.3%
18.6%
Q3 24
19.3%
14.3%
Q2 24
21.6%
5.7%
Q1 24
8.8%
-22.1%
Capex Intensity
LPX
LPX
RIG
RIG
Q4 25
13.3%
2.7%
Q3 25
12.7%
1.1%
Q2 25
9.0%
2.4%
Q1 25
8.8%
6.6%
Q4 24
9.1%
3.0%
Q3 24
6.1%
6.1%
Q2 24
4.4%
9.8%
Q1 24
5.7%
10.9%
Cash Conversion
LPX
LPX
RIG
RIG
Q4 25
13.96×
Q3 25
9.89×
Q2 25
3.00×
Q1 25
0.70×
Q4 24
1.69×
29.43×
Q3 24
2.03×
Q2 24
1.32×
Q1 24
0.97×
-0.88×

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%

RIG
RIG

Ultra Deepwater Floaters$433.0M42%
BR$236.0M23%
Other Geographical$211.0M20%
Harsh Environment Floaters$163.0M16%

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