Company: LPX
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000060519-25-000035
Chunk: 18

Company: LOUISIANA-PACIFIC CORP
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 2
Chunk 18
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       500        —                                          130       532    
  OSB - commodity                 —                                          376      —         376        —                                          —         431    
                                  Nine Months Ended September 30, 2025                                     Nine Months Ended September 30, 2024                        
  Sales Volume                    Siding                                     OSB      LPSA      Total      Siding                                     LPSA      Total  
  Siding Solutions                                                           —        53                                                              29               
  OSB - Structural Solutions      —                                                   400                  —                                          397              
  OSB - commodity                 —                                                   —                    —                                          —                

We measure OEE of each of our mills to track improvements in the utilization and productivity of our manufacturing assets. OEE is a composite metric that considers asset uptime (adjusted for capital project downtime and similar events), production rates, and finished product quality. We believe that when used in conjunction with other metrics, OEE can be a useful measure for evaluating our ability to generate profits, and that providing this measure should allow interested persons to monitor operational improvements. We use a best-in-class target across all LP sites that allows us to optimize capital investments, focus maintenance and reliability improvements, and improve overall equipment efficiency. It should be noted that other companies may present OEE data differently, and therefore, as presented by us, OEE data may not be comparable to similarly titled measures reported by other companies.

OEE for the three and nine months ended September 30, 2025 and 2024, for each of our segments is listed below:

              Three Months Ended September 30,                Nine Months Ended September 30,            
                                          2025      2024                                 2025      2024  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────
  Siding                                    77        77                                   77        78  
  OSB                                       80        78                                   79        78  
  LPSA                                      72        68                                   69        73  

Results of Operations

Our results of operations for each of our segments are discussed below, as are the results of operations for the “ Other” category, which comprises other products that are not individually significant. See “ Note 13. Selected Segment Data” of the Notes to the Condensed Consolidated Financial Statements included in “ Item 1. Financial Statements” of this quarterly report on Form 10-Q for further information regarding our segments.

Siding

The Siding segment serves diverse end