Simpson Manufacturing Co Inc

For the period ended Dec 31, 2024. Filed Mar 3, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 3, 2025

SSD$201.43-1.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Operations for the years ended and

	Years Ended December 31,
	2024	2023	2022
Net sales	$2,232,139	$2,213,803	$2,116,087
Cost of sales	1,206,288	1,170,048	1,174,794
Gross profit	1,025,851	1,043,755	941,293
Operating expenses:
Research and development and other engineering	93,576	92,167	68,354
Selling	219,402	203,980	169,378
General and administrative	277,532	268,103	228,468
Total operating expenses	590,510	564,250	466,200
Acquisition and integration related costs	5,813	4,632	17,343
Net gain on disposal of assets	(447)	(276)	(1,317)
Income from operations	$429,975	$475,149	$459,067
Interest income (expense), net and other financing costs	5,277	3,391	(7,594)
Other & foreign exchange loss, net	(1,209)	(1,993)	(3,408)
Income before taxes	434,043	476,547	448,065
Provision for income taxes	111,819	122,560	114,070
Net income	$322,224	$353,987	$333,995
Other comprehensive income
Translation adjustment and other, net of tax	(37,313)	19,690	(20,733)
Unamortized pension adjustments, net of tax	(1,956)	73	2,065
Cash flow hedge adjustment, net of tax	2,486	(25,694)	32,214
Comprehensive income	$285,441	$348,056	$347,541
Net income per common share:
Basic	$7.64	$8.31	$7.78
Diluted	$7.60	$8.26	$7.76
Weighted average number of shares of common stock outstanding
Basic	42,182	42,598	42,925
Diluted	42,383	42,837	43,047

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.