UFP Industries Q4 profit falls 34% as net sales drop 4% to $1.46 billion
UFP Industries reported fourth-quarter 2024 net sales of $1.46 billion, down 4 percent, and net earnings attributable to controlling interest of $68.0 million, down 34 percent. Diluted earnings per share were $1.12 versus $1.62 a year earlier, including impairment and severance charges of about $0.11 per share. Management expects softer demand and a competitive pricing environment to continue through the first half of 2025.
Key points
- Q4 2024 net sales of $1.46 billion fell 4 percent, driven by a 4 percent decrease in selling prices.
- Q4 net earnings attributable to controlling interest were $68.0 million, down 34 percent; diluted EPS was $1.12 versus $1.62.
- Fiscal 2024 net sales were $6.7 billion, down 8 percent, with diluted EPS of $6.77 versus $8.07 in fiscal 2023.
- Management expects softer demand and competitive pricing through the first half of 2025; the filing gives no numeric guidance.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 18, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.