UFP Industries(US:UFPI)2025-10-30 14:00Company Overview - UFP Industries converts 7% of North American softwood lumber, manufacturing value-added products for residential, commercial construction, outdoor living, packaging, and industrial applications[9] - The company's Q3 2025 TTM net sales reached $6.5 billion, with an adjusted EBITDA of $589 million[38] - UFP operates 213 facilities worldwide and employs approximately 14,000 people[38] Financial Performance & Goals - UFP aims for annual unit sales growth of 7-10%, with new product sales accounting for 10% of total net sales[58] - The company targets a 12.5% adjusted EBITDA margin and seeks incremental returns on new investments exceeding a 15% hurdle rate[58, 60] - UFP's Q3 2025 TTM adjusted EBITDA margin was 9.1%, exceeding 2019 levels by approximately 200 bps[126] Business Segments - UFP Retail Solutions had Q3 2025 TTM net sales of $2.514 billion, with new products representing 3.5% of net sales[86] - UFP Packaging's Q3 2025 TTM net sales were $1.6 billion, with new products accounting for 11.2% of net sales[86] - UFP Construction reported Q3 2025 TTM net sales of $2.051 billion, with new products contributing 8.3% of net sales[86] Capital Allocation - The company is committed to maintaining a conservative capital structure, with net debt to adjusted EBITDA below 1.5x[60] - UFP has a CapEx plan of $275 million to $300 million in 2025 and an ongoing share repurchase program[152] - The company is investing $100 million over 5 years through the UFP Venture Fund to spur external growth and innovation[82]