SSD Simpson Manufacturing Co., Inc.

Overview and Growth

Simpson Manufacturing Co., Inc. generated $2.33B of revenue in fiscal 2025, with net income of $345.08M and an operating cash inflow of $458.66M. Revenue of $2.33B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 4.5% above fiscal 2024 revenue of $2.23B, marking a year-over-year increase. Diluted earnings per share were $8.24, translating the period’s attributable earnings into the amount reported for each diluted share. Against diluted EPS of $7.60 in fiscal 2024, the current result was 8.4% higher. The revenue-to-assets relationship was 0.76x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

After reported cost of revenue, the company retained $1.07B as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 45.9% of revenue, quantifying the portion retained before operating expenses were recognized. The reported operating result was $458.06M, capturing profitability after direct costs and the operating expenses reflected in the statements. The operating result equaled 19.6% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. The bottom-line result was net income of $345.08M, after the operating, financing, tax, and other items recognized for the period. Net margin was 14.8%, meaning that this portion of revenue remained as net income after all recognized expenses. Pretax income was $462.47M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. The pretax margin was 19.8%, relating income before taxes directly to revenue. Income tax expense totaled $117.39M, providing the reported tax component that separates pretax and after-tax earnings. The effective relationship between income tax and positive pretax income was 25.4%, without assuming a statutory-rate comparison.

Liquidity and Capital Structure

Total assets were $3.07B, supported by $1.04B of liabilities and $2.04B of shareholder equity. Current assets were $1.35B against $381.80M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 3.54x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Reported cash and equivalents were $384.14M, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 100.6% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Total debt was $315.00M, establishing the amount of borrowing carried within the company’s capital structure. Debt equaled 0.15x of book equity, describing the relative scale of borrowing and shareholder capital. The debt-to-assets relationship was 10.2%, comparing borrowing with the total asset balance. The liabilities-to-assets relationship was 33.8%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 12.5%, comparing reported cash and equivalents with the full positive asset balance. The asset base changed 12.3% from $2.74B in fiscal 2024, leaving current total assets higher year over year.

Cash Flow and Earnings Quality

The company reported $458.66M of operating cash flow, a cash inflow that shows the cash generated by operations. Operating cash flow equaled 1.33x of net income, showing how strongly accounting earnings converted into cash from operations. The cash-flow statement records $161.04M of capital expenditures, the investment amount considered after operating cash generation. Relative to operating cash flow, capital expenditures measured 35.1%, connecting investment intensity with the company’s cash-generation base. The combination of operating cash flow and capital spending produced $297.62M of positive free cash flow for the period. The free-cash-flow margin was 12.8%, measuring cash remaining after capital spending against revenue. Free cash flow equaled 9.7% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.