UFP INDUSTRIES INC (UFPI) Form 10-Q — Aug 5, 2026
UFP Industries reported Q2 2026 net sales of $1.88 billion, up 2.6% year over year on a 1% organic unit increase and 2% from acquisitions, but diluted EPS fell to $1.48 from $1.70 and operating profits dropped 16%, or $20 million. Margin compression was broad-based: gross profit fell $23 million (7%) primarily on higher transportation costs, with Packaging segment operating earnings down 44% and Construction down 27%. First-half sales of $3.34 billion were down 2.5%, and operating cash flow halved to $61 million from $113 million.
Key figures
- Eps
- $1.48 diluted Q2 2026 (vs $1.70 Q2 2025); $2.37 first-half (vs $2.99)
- Revenue
- $1,882,937 thousand Q2 2026; $3,344,204 thousand first six months 2026
- Net Income
- $82,872 thousand Q2 2026 attributable to controlling interest (vs $100,734 thousand)
- Total Debt
- $228,758 thousand long-term debt and finance leases plus $5,493 thousand current portion
- Revenue Yoy
- +2.6% Q2 YoY; -2.5% first-half YoY
- Total Assets
- $4,104,864 thousand
- Cash Position
- $597.3 million at June 27, 2026 (vs $914.2 million at December 27, 2025)
- Shares Outstanding
- 55161491
- Total Liquidity
- ~$1.9 billion
- Capex Target2026
- $175-$200 million
- Site Built Backlog
- $117 million vs $59 million a year ago
- Quarterly Dividend
- $0.36 per share, a 3% increase, declared July 22, 2026
- Gross Profit Q2 Change
- -7% (-$23 million) YoY
- Buyback Authorization
- $300 million authorized May 29, 2026 through April 30, 2027; ~$273 million remaining as of August 4, 2026
- Operating Profit Q2 Change
- -16% (-$20 million) YoY
- Revolving Credit Facility
- $750 million, undrawn, ~$708 million available
- Operating Cash Flow First Half
- $61 million vs $113 million prior year
- Acquisition Spend First Half2026
- $122 million cash for three acquisitions
- Share Repurchases First Half2026
- 1,669,770 shares for $142 million at average $84.95
- Packaging Operating Profit Q2 Change
- -44% (-$12 million) YoY
- Construction Operating Profit Q2 Change
- -27% (-$10 million) YoY
- Acquisition Contribution First Half2026
- $41.0 million net sales and $0.6 million operating loss
Price after filing
Close on the filing date to close N calendar days later (from $92.70). Historical, not a forecast.
AI analysis
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