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UFP Industries UFPI · USD

Industrials · US listing · 🇺🇸 United States

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82.66

+3.43%

Close of 9 Nov 2026, in USD

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About UFP Industries

From its filings with the US Securities and Exchange Commission

SEC filings

UFP Industries is based in Grand Rapids, Michigan and is incorporated in Michigan. Its shares trade on Nasdaq under the ticker UFPI. The SEC classifies its business as sawmills & planting mills, general. In the fiscal year to 27 December 2025, it reported revenue of $6.32bn and net income of $294.8m. At that date it held total assets of $4.02bn and shareholders' equity of $3.06bn.

In its own words

UFP Industries, Inc. (“we,” “our,” “the Company,” or “UFP”) is a holding company with subsidiaries throughout the United States, Mexico, Canada, Spain, India and Australia that design, manufacture and supply products made from wood, wood and non-wood composites, and other materials to three segments: retail, packaging, and construction. We are headquartered in Grand Rapids, Michigan.

For information relating to current developments in our business please see "Management’s Discussion and Analysis of Financial Condition and Results of Operations" in Item 7 below.

ASC 280, Segment Reporting (“ASC 280”) defines operating segments as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”) in deciding how to allocate resources and in assessing performance.

Our business segments consist of UFP Retail Solutions (“Retail”), UFP Packaging (“Packaging”) and UFP Construction (“Construction”), and align with the end markets we serve. Among other advantages, this structure allows for a more specialized and focused sales approach, more efficient use of resources and capital, and quicker introduction of new products and services. We manage the operations of our individual locations primarily through a market-centered reporting structure under which each location is included in a business unit and business units are included in our Retail, Packaging, and Construction segments. In the case of locations that serve multiple segments, results are allocated and accounted for by segment.

Quoted from its 10-K, filed 25 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Building Products
Listed since
10 Nov 1993
Employees
13,800
Website
ufpi.com ↗
Head office
2801 EAST BELTLINE NE, GRAND RAPIDS, MI, 49525
Incorporated in
MI
Classification
Sawmills & Planting Mills, General
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Matthew MissadExecutive Chairman of the Board, since 1987$5.9m
  • Mr. William SchwartzPresident, Chief Executive Officer$2.4m
  • Mr. Michael ColeChief Financial Officer, Treasurer and President - Corporate Services$2.9m
  • Mr. Patrick BentonPresident - UFP Construction, LLC$2.2m
  • Mr. Landon TarvinPresident - UFP Retail Solutions
  • Mr. Scott WorthingtonPresident - UFP Industrial, LLC$1.6m
  • Mr. R. Paul GuerreCorporate Secretary and Director of Corporate Compliance
  • Ms. Joan BuddenIndependent Director$206,000
  • Mr. Benjamin McleanIndependent Director$208,750
  • Mr. Thomas RhodesIndependent Director$239,500
  • Ms. Mary Tuuk KurasIndependent Director$210,000
  • Mr. Brian WalkerIndependent Director$225,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
49
Environment
44
Social
49
Governance
55
Direct emissions (scope 1)
88,209 t
Energy emissions (scope 2)
88,768 t
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Ufp Industries Inc has established itself as a leader in the manufacturing industry, benefiting from its strong brand reputation and extensive experience in the market. The company has a wide range of product offerings, allowing it to cater to diverse customer needs and preferences. Its strong distribution network enables efficient supply chain management and timely delivery of products. Furthermore, Ufp Industries Inc boasts a highly skilled and knowledgeable workforce, contributing to its ability to innovate and deliver high-quality products.

Weaknesses

  • Despite its strengths, Ufp Industries Inc faces certain weaknesses that need to be addressed. The company relies heavily on specific customer segments and industries, exposing it to potential downturns or fluctuations in those markets. Ufp Industries Inc may also have limited global reach, which can restrict its growth opportunities in emerging markets. Additionally, operational inefficiencies and high production costs could present challenges to maintaining competitive pricing and profit margins.

Opportunities

  • Ufp Industries Inc has several opportunities to capitalize on. The growing demand for sustainable and eco-friendly products creates prospects for the company to innovate and expand its offerings in this space. Furthermore, Ufp Industries Inc can explore potential acquisitions or partnerships to expand its market presence and diversify its customer base. The company can also leverage advancements in technology to improve its manufacturing processes, enhance productivity, and gain a competitive advantage.

Threats

  • Ufp Industries Inc needs to be aware of certain threats that may impact its business operations. Intense competition within the manufacturing industry could lead to price wars, reducing profit margins. Economic downturns or changes in government regulations may hinder demand for the company's products. Moreover, fluctuations in raw material prices can affect Ufp Industries Inc's production costs. Additionally, the evolving customer preferences and rapid technological advancements pose a challenge in keeping up with the changing market dynamics.

Sources and methodology

Data on this tab
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