Below are the financial statements of Ufp Industries, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 6,652.31a | 7,218.38a | 9,626.74a |
| Cost of goods sold | -5,425.57a | -5,799.45a | -7,837.28a |
| Gross profit | 1,226.74a | 1,418.94a | 1,789.46a |
| Selling, general and administrative expenses | -735.05a | -766.63a | -832.08a |
| Net loss (gain) on disposition and impairment of assets | 6.16a | -0.26a | 5.55a |
| Other (gains) losses, net | -6.7a | 6.03a | 1.65a |
| Earnings from operations | 492.24a | 646.53a | 950.18a |
| Interest expense | -12.71a | -12.84a | -13.91a |
| Interest and investment income | -60.53a | -39.92a | -0.73a |
| Equity in (earnings) loss of investee | -0.09a | 2.37a | 2.18a |
| Interest and other | -47.91a | -24.71a | 15.37a |
| Earnings before income taxes | 540.16a | 671.24a | 934.82a |
| Income taxes | -121.42a | -156.78a | -229.85a |
| Net earnings | 418.73a | 514.46a | 704.96a |
| Net earnings attributable to noncontrolling interest | -4.17a | -0.15a | -12.31a |
| Net earnings attributable to controlling interest | 414.56a | 514.31a | 692.65a |
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