GRAND RAPIDS, Mich. (News release) -- UFP Industries, Inc. reported net sales of $1.33 billion for the Q4 ended December 31, 2025, a 9% decrease from the same period last year, driven by a 2% decrease in price and a 7% decline in organic units amid soft end-market demand.

Net earnings attributable to controlling interests were $40 million, or $0.70 per diluted share, compared to $68 million, or $1.12 per share, a year earlier. Earnings were impacted by a higher estimated tax rate and year-end bonus adjustments.

Adjusted EBITDA for the Q4 2025 was $107.2 million, representing an 8.1% margin, compared to 9.1% in the Q4 2024. For the full year, adjusted EBITDA margin was 8.9%.

New product sales accounted for 7.6% of total net sales in the quarter.

Cash flows from operating activities for the full year 2025 totaled $546 million. Free cash flow of $451 million was used primarily to repurchase nearly $450 million of shares. The company returned a total of $515 million to shareholders during the year and finished 2025 with over $900 million in cash and cash equivalents and total liquidity of $2.2 billion. The company also streamlined its cost structure with $60 million in cost reduction initiatives.

Looking ahead, UFP Industries anticipates the current market environment will continue in 2026, with overall demand expected to be flat to slightly down in each of its segments based on sales mix. Markets tied to new residential construction are expected to remain more challenged, while other end markets are anticipated to see stabilization. The company expects initial stocking orders, upgraded manufacturing capacity, and expanded distribution to support momentum in its Deckorators and Surestone businesses in 2026.

The company's long-term goals remain unchanged and include achieving 7- 10% annual unit sales growth, with at least 10% of all sales coming from new products, and achieving 12.5% adjusted EBITDA margins.

UFP Industries, Inc. is a holding company whose operating subsidiaries - UFP Packaging, UFP Construction and UFP Retail - manufacture, distribute and sell a wide variety of value-added products used in residential and commercial construction, packaging and other industrial applications worldwide.