Simpson(US:SSD)2025-04-29 00:23Financial Performance & Growth - Simpson Manufacturing's EPS has grown at a compound annual growth rate (CAGR) of 19% over the last 10 years (as of December 31, 2024)[7] - Since its IPO in 1994, the company has achieved a compound annual growth rate of approximately 14%[9, 12] - Revenue has grown approximately 15 times from $150 million to $2.2 billion between 1994 and 2024[11] - EPS has grown approximately 54 times from $0.14 to $7.60 between 1994 and 2024[13] - The company has returned approximately 52% of free cash flow to stockholders since 2021, exceeding its 35% target[7] Market Position & Strategy - The company holds a leading position in structural solutions for wood connections[7] - Simpson Manufacturing has a significant share in its core addressable markets: 33% in wood connectors, 11% in fastening systems, and 12% in concrete & steel connections[28] - The company is focused on accelerating above-market volume growth in North America[46] - The company aims to maintain an operating income margin of over 20% and EPS growth ahead of net revenue growth[70] Housing Market & Demand - The total projected US housing demand from 2024 to 2034 is 186 million, or 186 million per year[25]