JELD-WEN Holding, Inc. JELD
We are a leading global designer, manufacturer, and distributor of high-performance interior and exterior doors, windows, and related building products, serving the new construction and R&R sectors.
The JELD-WEN family of brands includes JELD-WEN worldwide; LaCantina and VPI in North America; and Swedoor, DANA, and Kellpex in Europe. Our customers include wholesale distributors and retailers as well as individual contractors and consumers. Our business is highly diversified by distribution channel, geography, and construction application as illustrated below:
(1)The percentage of net revenues by construction application is management's estimate based on the end markets into which our customers sell.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.21B | $3.78B | $4.30B | $4.54B | $4.18B | $4.24B | $4.29B | $4.35B | $3.76B | $3.67B |
| Cost of revenue | $2.70B | $3.09B | $3.47B | $3.76B | $3.36B | $3.33B | $3.42B | $3.43B | $2.92B | $2.89B |
| Gross profit | $514.2M | $689.0M | $832.6M | $785.9M | $822.9M | $901.9M | $872.5M | $918.5M | $847.5M | $776.0M |
| SG&A | $551.1M | $652.5M | $655.3M | $654.1M | $604.5M | $702.7M | $660.6M | $734.2M | $573.0M | $552.9M |
| Operating income | -$416.0M | -$126.4M | $141.6M | $59.3M | $215.8M | $188.7M | $190.4M | $167.0M | $261.5M | $209.3M |
| Interest expense | $67.2M | $67.2M | $72.3M | $82.5M | $76.8M | — | — | — | — | — |
| Pre-tax income | -$474.3M | -$170.8M | $88.6M | $30.3M | $151.0M | $116.7M | $120.0M | $135.6M | $145.8M | $130.3M |
| Income tax | $147.9M | $16.8M | $63.3M | $18.0M | $19.6M | $25.1M | $57.1M | $10.1M | $137.8M | $246.4M |
| Net income | -$621.2M | -$189.0M | $62.4M | $45.7M | $168.8M | $91.6M | $63.0M | $141.9M | $8.1M | $377.2M |
| EPS, basic | -7.29 | -2.22 | 0.73 | 0.53 | 1.75 | 0.91 | 0.63 | 1.36 | -0.02 | -1.08 |
| EPS, diluted | -7.29 | -2.22 | 0.73 | 0.53 | 1.72 | 0.90 | 0.62 | 1.33 | -0.02 | -1.08 |
| Shares, diluted (wtd. avg.) | $85.3M | $85.0M | $85.9M | $87.1M | $98.4M | $101.7M | $101.5M | $106.4M | $97.5M | $18.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $136.1M | $150.3M | $289.1M | $220.9M | $396.9M | $736.6M | $229.9M | $117.6M | $256.2M | $103.5M |
| Receivables | $361.2M | $388.4M | $516.7M | $531.2M | $552.0M | $477.5M | $469.8M | $471.8M | $453.3M | — |
| Inventory | $444.1M | $460.1M | $481.5M | $594.5M | $616.0M | $512.2M | $505.1M | $508.5M | $405.4M | — |
| Total current assets | $1.02B | $1.20B | $1.49B | $1.70B | $1.74B | $1.76B | $1.24B | $1.15B | $1.15B | — |
| Property, plant and equipment | $728.4M | $681.4M | $644.2M | $642.0M | $663.6M | $872.6M | $864.4M | $843.4M | $756.7M | $704.7M |
| Goodwill | $0 | $315.2M | $390.2M | $382.0M | $461.3M | $639.9M | $602.5M | $585.9M | $549.1M | $486.9M |
| Other intangibles | $96.3M | $102.0M | $123.9M | $148.1M | $222.2M | $246.1M | $250.3M | $225.6M | $166.3M | $115.7M |
| Total assets | $2.10B | $2.62B | $2.98B | $3.50B | $3.20B | $3.96B | $3.38B | $3.05B | $2.86B | $2.54B |
| Accounts payable | $237.3M | $264.9M | $269.3M | $287.0M | $418.8M | $269.9M | $295.0M | $250.0M | $259.9M | — |
| Short-term debt | — | — | — | — | — | — | $65.8M | $54.9M | $8.8M | — |
| Total current liabilities | $577.9M | $625.0M | $678.9M | $786.6M | $888.9M | $867.6M | $768.8M | $672.2M | $577.5M | — |
| Long-term debt | — | $0 | $0 | — | — | $0 | $1.45B | $1.42B | $1.26B | — |
| Total liabilities | $2.01B | $2.00B | $2.13B | $2.78B | $2.90B | $2.96B | $2.57B | $2.29B | $2.07B | — |
| Retained earnings | -$641.6M | -$20.4M | $192.9M | $130.5M | $215.6M | $371.5M | $290.6M | $246.8M | $233.7M | — |
| Total equity | $92.2M | $620.1M | $850.6M | $723.5M | $842.2M | $1.00B | $812.1M | $761.6M | $789.1M | $61.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$4.9M | $106.2M | $345.2M | $30.3M | $175.7M | $355.7M | $302.7M | $219.7M | $265.8M | $201.7M |
| Depreciation and amortisation | $112.4M | $125.8M | $140.2M | $131.8M | $137.2M | $134.6M | $134.0M | $125.1M | $111.3M | $108.0M |
| Stock-based compensation | $15.0M | $15.5M | $18.4M | $16.2M | $20.2M | $16.4M | $13.3M | $15.1M | $19.8M | $22.5M |
| Capital expenditure | $119.8M | $161.9M | $98.3M | $83.2M | $83.6M | $77.7M | $101.5M | $97.4M | $59.6M | $74.0M |
| Investing cash flow | $16.3M | -$153.3M | $279.2M | -$67.0M | -$92.4M | -$82.0M | -$184.9M | -$284.1M | -$189.8M | -$156.8M |
| Financing cash flow | -$33.0M | -$80.6M | -$563.2M | -$120.0M | -$401.2M | $207.9M | -$6.4M | -$67.5M | $64.1M | -$52.0M |
| Dividends paid | — | — | — | — | — | — | — | $0 | $0 | $404.2M |
| Buybacks | $0 | $24.3M | $0 | $132.0M | $323.7M | $5.0M | $20.0M | $125.0M | $0 | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001674335-26-000043.
Others in SIC 2430
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| FBIN | Fortune Brands Innovations, Inc. | $5.15B | 17.5x | -3.2% |