A

UFP Industries, Inc. — Earnings Quality Grade A

UFPI · Basic Materials

Strong financial health

Revenue
$6.3B
2025
Net Income
$295M
2025
Gross Margin
16.8%
Free Cash Flow
$276M
01

Screening Summary

17
Passed
0
Watch
0
Failed
-2.75
M-Score

Management Signals

No recent CEO, CFO, board, or accounting leadership signals found in SEC 8-K filings.
02

Financial Trends

Revenue & Net Income ($B)

Margins (%)

03

18-Point Screening

01

Revenue Quality

A1DSO Change

DSO 27 days, change +0 days YoY

A2AR vs Revenue Growth

AR growth -5.0% vs revenue growth -5.0%

A3Revenue vs CFFO

Revenue -5.0%, CFFO -15.1%. Cash follows revenue

02

Expense Quality

B1Inventory vs COGS

Inventory 0.2% vs COGS -3.0%. Normal

B2CapEx vs Revenue

CapEx growth 16.0% vs revenue -5.0%. Normal

B3SG&A Ratio

SG&A/Gross Profit = 65.2%. Normal

B4Gross Margin

Gross margin 16.8%, change -1.7pp. Stable

03

Cash Flow Quality

C1CFFO vs Net Income

CFFO/NI = 1.85. Profits backed by cash

C2Free Cash Flow

FCF $0.3B, FCF/NI = 0.94

C3Accruals Ratio

Accruals ratio = -6.2%. Low accruals

C4Cash vs Debt

Cash $0.9B covers debt $0.4B

04

Balance Sheet Health

D1Goodwill + Intangibles

Goodwill+Intangibles $0.5B = 16% of equity. Manageable

D2Leverage

Debt/EBITDA = 0.6x. Healthy

D3Soft Asset Growth

Other assets 11.2% vs revenue -5.0%. Normal

D4Asset Impairment

No write-off data

05

Acquisition Risk

E1Serial Acquirer FCF

FCF after acquisitions positive

E2Goodwill Surge

Goodwill+Intangibles change -3% YoY. Normal

06

Manipulation Score

F1Beneish M-Score

M-Score = -2.75 (< -2.22). Unlikely manipulator

04

Beneish M-Score

Manipulation Probability-2.75
-4.0 Clean-2.22 Grey-1.78 Danger0
1
DSRI
AR growing faster than revenue?
1.099
GMI
Gross margin declining?
1.037
AQI
Asset quality deteriorating?
0.95
SGI
Revenue growth rate
1.012
DEPI
Depreciation slowing?
0.989
SGAI
SG&A ratio changing?
-0.0624
TATA
Accruals level
1.005
LVGI
Leverage increasing?
05

Altman Z-Score

9.08
Safe Zone
0 Distress1.102.605.0+ Safe
0.4411
Liquidity
0.6362
Cumulative profit
0.1002
Operating efficiency
3.2781
Leverage

Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25