UFP INDUSTRIES INC
For the period ended Dec 28, 2024. Filed Feb 26, 2025.
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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$80.79-2.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Earnings and Comprehensive Income
| | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|
| (in thousands of United States dollars, except per share data) · · · Year Ended | ||||||||||
| · · · December 28, · · December 30, · · December 31, | ||||||||||
| · 2024 · 2023 · 2022 | ||||||||||
| NET SALES | $6,652,309 | $7,218,384 | $9,626,739 | |||||||
| COST OF GOODS SOLD | | 5,425,567 | 5,799,446 | 7,837,278 | ||||||
| GROSS PROFIT | | 1,226,742 | 1,418,938 | 1,789,461 | ||||||
| SELLING, GENERAL AND ADMINISTRATIVE EXPENSES | | 735,046 | 766,633 | 832,079 | ||||||
| NET LOSS (GAIN) ON DISPOSITION AND IMPAIRMENT OF ASSETS | | | | 6,157 | | | (260) | | | 5,546 |
| OTHER (GAINS) LOSSES, NET | | | | (6,703) | | | 6,031 | | | 1,652 |
| EARNINGS FROM OPERATIONS | | 492,242 | 646,534 | 950,184 | ||||||
| INTEREST EXPENSE | | 12,709 | 12,842 | 13,910 | ||||||
| INTEREST AND INVESTMENT INCOME | | (60,533) | (39,916) | (725) | ||||||
| EQUITY IN (EARNINGS) LOSS OF INVESTEE | | | | (89) | | | 2,367 | | | 2,183 |
| INTEREST AND OTHER | | (47,913) | (24,707) | 15,368 | ||||||
| EARNINGS BEFORE INCOME TAXES | | 540,155 | 671,241 | 934,816 | ||||||
| INCOME TAXES | | 121,422 | 156,784 | 229,852 | ||||||
| NET EARNINGS | | 418,733 | 514,457 | 704,964 | ||||||
| NET EARNINGS ATTRIBUTABLE TO NONCONTROLLING INTEREST | | (4,173) | (145) | (12,313) | ||||||
| NET EARNINGS ATTRIBUTABLE TO CONTROLLING INTEREST | | $414,560 | $514,312 | $692,651 | ||||||
| | | | | | | | | | | |
| EARNINGS PER SHARE – BASIC | | $6.78 | $8.21 | $11.05 | ||||||
| EARNINGS PER SHARE – DILUTED | | $6.77 | $8.07 | $10.97 | ||||||
| | | | | | | | | | | |
| OTHER COMPREHENSIVE INCOME: | | | | | | | | | | |
| NET EARNINGS | | 418,733 | 514,457 | 704,964 | ||||||
| OTHER COMPREHENSIVE (LOSS) INCOME | | (19,980) | 14,836 | (2,498) | ||||||
| COMPREHENSIVE INCOME | | 398,753 | 529,293 | 702,466 | ||||||
| COMPREHENSIVE INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST | | (610) | (4,800) | (13,485) | ||||||
| COMPREHENSIVE INCOME ATTRIBUTABLE TO CONTROLLING INTEREST | | $398,143 | $524,493 | $688,981 | ||||||
See notes to consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.