UFP Industries, Inc. Company profile
About Ufp Industries Inc
UFP Industries, Inc. is a holding company. The Company is engaged in manufacturing and marketing wood and wood-alternative products for national home centers; structural lumber and engineered components for the manufactured housing industry; specialty wood packaging, protective packaging, and components for various industries; and customized interior fixtures used in a variety of retail and commercial structures. The Company's segments include Retail, Industrial, and Construction. The Retail segment includes customers comprising of national home center retailers, retail-oriented regional lumberyards, and contractor-oriented lumberyards. The Industrial segment includes manufacturers and agricultural customers who use pallets, specialty crates, and wooden boxes used for shipping and material handling purposes. The Construction segment includes customers in four markets: factory-built housing, concrete forming, site-built residential construction, and commercial construction.
Financial summary
BRIEF: For the fiscal year ended 25 December 2021, Ufp Industries Inc revenues increased 68% to $8.64B. Net income applicable to common stockholders increased from $239.9M to $518.3M. Revenues reflect Retail segment increase of 58% to $3.42B, Industrial segment increase of 100% to $2.15B, Construction segment increase of 59% to $2.7B, United States segment increase of 67% to $8.4B, Foreign. segment increase of 82% to $240.4M.
Equity composition
Common Stock no Par, 03/11, 40M auth., 19,524,953 issd. Insiders own 9.89%. Initial Public Offering 12/93, 5.275M shares @ $7.00 by Allen & Co. Inc. *FY'00 & 01 is reclassified. FY'01 Qs are reclassified. FY'01 Annual is restated due to adoption of SFAS 142.