UFP INDUSTRIES INC

For the period ended Dec 28, 2024. Filed Feb 26, 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 Feb 26, 2025

UFPI$82.66+3.4%Stored close · as of Nov 9, 2026

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

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets


(in thousands of United States dollars, except share data) · · · December 28, · · December 30,
· · 2024 · 2023
ASSETS · · · · ·
CURRENT ASSETS: · · · · ·
Cash and cash equivalents	$1,171,828	$1,118,329
Restricted cash	7,766	3,927
Investments	31,087	34,745
Accounts receivable, net	500,920	549,499
Inventories:
Raw materials	388,435	352,785
Finished goods	332,389	375,003
Total inventories	720,824	727,788
Refundable income taxes	20,588	29,327
Other current assets	50,012	38,474
TOTAL CURRENT ASSETS	2,503,025	2,502,089
DEFERRED INCOME TAXES	5,263	4,228
RESTRICTED INVESTMENTS	39,140	24,838
RIGHT OF USE ASSETS	114,721	103,774
OTHER ASSETS	98,409	87,438
GOODWILL	339,839	336,313
INDEFINITE-LIVED INTANGIBLE ASSETS	7,300	7,345
OTHER INTANGIBLE ASSETS, NET	152,498	175,195
PROPERTY, PLANT AND EQUIPMENT:
Property, plant and equipment	1,750,211	1,559,304
Less accumulated depreciation and amortization	(859,468)	(782,727)
PROPERTY, PLANT AND EQUIPMENT, NET	890,743	776,577
TOTAL ASSETS	$4,150,938	$4,017,797
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$224,659	$203,055
Accrued liabilities:
Compensation and benefits	193,438	232,331
Other	62,356	66,713
Current portion of lease liability	27,870	22,977
Current portion of long-term debt	4,125	42,900
TOTAL CURRENT LIABILITIES	512,448	567,976
LONG-TERM DEBT	229,830	233,534
LEASE LIABILITY	95,095	84,885
DEFERRED INCOME TAXES	31,244	45,248
OTHER LIABILITIES	32,330	35,934
TOTAL LIABILITIES	900,947	967,577
TEMPORARY EQUITY:
Redeemable noncontrolling interest	5,366	20,030
SHAREHOLDERS’ EQUITY:
Controlling interest shareholders’ equity:
Preferred stock, no par value; shares authorized 1,000,000; issued and outstanding, none	$—	$—
Common stock, $1 par value; shares authorized 160,000,000; issued and outstanding, 60,724,308 and 61,621,004	60,724	61,621
Additional paid-in capital	403,379	354,702
Retained earnings	2,775,280	2,582,332
Accumulated other comprehensive (loss) income	(15,311)	1,106
Total controlling interest shareholders’ equity	3,224,072	2,999,761
Noncontrolling interest	20,553	30,429
TOTAL SHAREHOLDERS’ EQUITY	3,244,625	3,030,190
TOTAL LIABILITIES, TEMPORARY EQUITY AND SHAREHOLDERS’ EQUITY	$4,150,938	$4,017,797

See notes to consolidated financial statements.

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.