Louisiana-Pacific Corp

LPX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$25.00	Hjvm	Xrvwptk

Softening Housing Demand in Q4 Weighs on Louisiana-Pacific's OSB Business but Siding Was Resilient

Spencer Liberman

Feb 21, 2023

Business Strategy and Outlook

Louisiana-Pacific is a manufacturer of oriented strand board, or OSB, and engineered wood siding. The company has over 7 billion square feet of production capacity spread across the United States, Canada, and South America. Homebuilding, repair and remodel, and construction are the main uses of OSB and siding products in North America. Louisiana-Pacific is closely tied to the North American market as it accounts for over 90% of sales (76% in U.S. and 18% in Canada).

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