UFP Industries (UFP Industries) Total Assets

: $4,018 Mil (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

UFP Industries's Total Assets for the quarter that ended in Dec. 2023 was $4,018 Mil.

During the past 12 months, UFP Industries's average Total Assets Growth Rate was -6.90% per year. During the past 3 years, the average Total Assets Growth Rate was 13.80% per year. During the past 5 years, the average Total Assets Growth Rate was 15.60% per year. During the past 10 years, the average Total Assets Growth Rate was 13.90% per year.

During the past 13 years, UFP Industries's highest 3-Year average Total Assets Growth Rate was 39.50%. The lowest was -6.60%. And the median was 10.50%.

Total Assets is connected with ROA %. UFP Industries's annualized ROA % for the quarter that ended in Dec. 2023 was 10.32%. Total Assets is also linked to Revenue through Asset Turnover. UFP Industries's Asset Turnover for the quarter that ended in Dec. 2023 was 0.38.

UFP Industries Total Assets Historical Data

The historical data trend for UFP Industries's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

UFP Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

1,889.48

2,404.89

3,245.27

3,672.07

4,017.80

UFP Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets																3,672.07	3,696.79	3,843.94	4,004.08	4,017.80

UFP Industries Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

UFP Industries's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	3050.22	+	967.577
	=	4,018

UFP Industries's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	3050.22	+	967.577
	=	4,018

UFP Industries (NAS:UFPI) Total Assets Explanation

Total Assets is connected with ROA %.

UFP Industries's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	413.788	/	( (4004.084	+	4017.797)	/ 2 )
	=	413.788	/	4010.9405
	=	10.32 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

UFP Industries's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1524.353	/	( (4004.084	+	4017.797)	/ 2 )
=	1524.353	/	4010.9405
=	0.38

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

UFP Industries Total Assets Related Terms

Thank you for viewing the detailed overview of UFP Industries's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

UFP Industries (UFP Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » UFP Industries Inc (NAS:UFPI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

UF3:Germany UF3:Germany

Address

2801 East Beltline Avenue NE, Grand Rapids, MI, USA, 49525

Website

https://www.ufpi.com

UFP Industries Inc is a supplier of lumber to the manufactured housing industry. Today UFP Industries is a multibillion-dollar holding company with subsidiaries around the globe that serve three markets: retail, packaging and construction.

Executives

Patrick M. Benton	officer: XVP UFP Eastern Div - North	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
William G Currie	director	2801 EAST BELTINE N E, GRAND RAPIDS MI 49505
Michael R Cole	officer: Chief Financial Officer	2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Mary E Tuuk	director	625 KENMOOR AVE SE, SUITE 301, GRAND RAPIDS MI 49456
Bruce A Merino	director	3800 WEST CHAPMAN AVE, ORANGE CA 92868
David A. Tutas	officer: Vice President Legal & Secty	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Matthew J Missad	director, officer: Chief Executive Officer	2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Patrick M Webster	officer: Pres. and Chief Operating Off.	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
William Danny Schwartz	officer: Exec. VP, Operations Services	2801 EAST BELTLINE AVE NE, GRAND RAPIDS MI 49525
Allen T Peters	officer: President, UFP Western Div	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Benjamin J. Mclean	director	2801 E BELTLINE AVE NE, GRAND RAPIDS MI 49525
Scott T Bravata	officer: Vice President Administration	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Michael G. Wooldridge	director	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525
Donald L James	officer: XVP National Sales	2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
Scott A Worthington	officer: President, UFP Industrial, LLC	2801 EAST BELTLINE NE, GRAND RAPIDS MI 49525