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Financial statements

JELD-WEN Holding, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data JELD-WEN Holding, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue3,6673,7644,3474,2904,2364,1824,5444,3043,7763,211
Cost of revenue2,8912,9163,4283,4173,3343,3593,7583,4723,0872,697
Gross profit776848919873902823786833689514
Selling, general and administrative553573734661703605654655653551
Operating income20926116719018921659.3142-126-416
Interest expense77.67970.871.874.876.882.572.367.267.2
Other non-operating income-1.41-40.134.91.412.7513.253.425.724.89.14
Pre-tax income13014613612011715130.388.6-171-474
Income tax-246138-10.157.125.119.61863.316.8148
Income from continuing operations-16.14.481416391.613112.225.2-188-622
Net income to minority interests00-0.09
Net income3778.121426391.616945.762.4-189-621
EBITDA317373292324323353191282-0.66-304
EPS, basic-1.08-0.021.360.630.911.750.530.73-2.22-7.29
EPS, diluted-1.08-0.021.330.620.901.720.530.73-2.22-7.29
Shares, basic (weighted)1897.510510110196.686.4858585.3
Shares, diluted (weighted)1897.510610110298.487.185.98585.3

Balance sheet

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents103220117226736396164288150136
Receivables407453472470477552531517388361
Inventory334403508505512616594481460444
Other current assets32.230.348.738.634.455.573.571.573.473.2
Total current assets8771,1421,1471,2431,7611,7401,6961,4941,2001,017
Property, plant and equipment705757843864873664642644681728
Lease right-of-use assets202215202129147126179
Goodwill4875495866036404613823903150
Intangible assets11616622625024622214812410296.3
Other non-current assets63.161.136.93531.626.625.830.152.165.6
Total assets2,5352,8603,0483,3813,9653,1973,5012,9802,6202,103
Accounts payable189260250295270419287269265237
Accrued liabilities174186252299379290248234224223
Deferred revenue11.69.979.97.9913.525.610.17.195.44.95
Short-term debt19.88.7754.965.866.738.634.136.230.923.7
Total current liabilities513577672769868889787679625578
Long-term debt1,6001,2651,4231,4521,7011,6681,7131,1901,1521,150
Lease liabilities164177166105122105159
Other non-current liabilities10.59.449.633.192.591.920.734.225.15.07
Total liabilities2,3242,0712,2862,5692,9602,8962,7782,1292,0002,011
Total debt1,6201,2741,4781,51701,7061,747001,173
Paid-in capital36.4653659672691719735752769783
Retained earnings221230247291371216130193-20.4-642
Other comprehensive income-197-94.5-145-151-58.7-93.7-143-95.3-129-50.4
Shareholders' equity60.57897628121,00484272485162092.2
Minority interests0-0.02
Total equity61.67927628121,00484272485162092.2
Total liabilities and equity2,5352,8603,0483,3813,9653,7393,5012,9802,6202,103
Shares outstanding17.910610110110190.284.385.384.785.5

Cash flow statement

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income3778.121426391.616945.762.4-189-621
Depreciation and amortization108111125134135137132140126112
Stock-based compensation22.519.815.113.316.420.216.218.415.515
Deferred income tax-26696.2-35.821.8-9.06-13.2-3.0323.6-17137
Change in receivables-79.91.316.58.4310.8-91.9-79.710.910246.7
Change in inventory14.7-30.5-33.14.199.85-134-73.61209.4233.5
Change in payables00-12.9-0.76-0.91-0.07-1.28-0.18-0.010
Cash from operations20226622030335617630.3345106-4.86
Capital expenditures-74-59.6-97.4-102-77.7-83.6-83.2-98.3-162-120
Acquisitions-85.9-131-168-57.800
Purchases of investments00-0.83-1.21-3.38-0.92
Sales and maturities of investments000.110.0700
Cash from investing-157-190-284-185-82-92.4-67279-15316.3
Debt issued3741,24038.8124250549003500
Debt repaid-16.8-1,619-432-469-135-667-767-685-401-32.4
Stock issued1.191.030.21.982.9810.22.010.562.880
Share buybacks00-125-20-5-324-1320-24.30
Dividends paid-40400
Cash from financing-5264.1-67.5-6.41208-401-120-563-80.6-33
Exchange rate effect-3.712.7-6.650.925.2-21.8-19.37.07-10.38.83
Net change in cash-10.8153-139112507-340-17668.3-138-12.8
Free cash flow12820612220127892.1-52.9247-55.7-125
Interest paid73.966.168.971.271.77580.674.772.571.6
Income taxes paid26.822.546.326.720.436.544.748.14619.9

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 27, 2026; growth uses fiscal years. Valuation uses the share price of $1.84 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin15.5%Gross profit / revenue.
Operating margin-8.8%Operating income / revenue.
EBITDA margin-5.6%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-11.4%Pre-tax income / revenue.
Net margin-16.4%Net income / revenue.
FCF margin-4.8%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-1.8%Cash from operations / revenue.
Return on assets (ROA)-25.0%Net income / average total assets.
Return on invested capital (ROIC)-18.8%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue17.2%Selling, general and administrative expense / revenue.
Stock-based pay / revenue0.5%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue3.0%Capital expenditures / revenue.
D&A / revenue3.2%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-14.9%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-10.9%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y-5.4%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y-25.4%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-13.2%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y-10.6%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y-104.6%Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-85.1%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-49.7%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y-38.0%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-19.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-15.6%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y-11.9%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y0.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y-0.7%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y-3.5%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.73xCurrent assets / current liabilities.
Quick ratio0.85x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.10x(Cash + short-term investments) / current liabilities.
Debt / assets60.2%Total debt / total assets.
Liabilities / assets101.2%Total liabilities / total assets.
Net debt$1.19BTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-3.89xOperating income / interest expense.
Working capital$427.6MCurrent assets - current liabilities.
Goodwill and intangibles / assets4.1%(Goodwill + intangible assets) / total assets.
Tangible book value-$108.9MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.52xRevenue / average total assets.
Fixed asset turnover4.40xRevenue / average property, plant and equipment.
Inventory turnover6.04xCost of revenue / average inventory.
Days inventory60 days365 x average inventory / cost of revenue.
Receivables turnover7.17xRevenue / average receivables.
Days sales outstanding51 days365 x average receivables / revenue.
Days payables34 days365 x average accounts payable / cost of revenue.
Cash conversion cycle77 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted-$6.00Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$36.48Revenue / diluted weighted shares.
FCF per share-$1.75Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.65Cash from operations / diluted weighted shares.
Book value per share-$0.28Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$1.26Tangible book value / shares outstanding.
Cash per share$0.66(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$159.6MShare price x shares outstanding.
Enterprise value$1.35BMarket cap + total debt - cash - short-term investments.
P/S0.05xMarket cap / revenue.
EV/Sales0.43xEnterprise value / revenue.
FCF yield-94.4%Free cash flow / market cap.
Earnings yield-324.4%Net income / market cap (the inverse of P/E).
What was JELD-WEN Holding, Inc.'s revenue in fiscal 2025?

JELD-WEN Holding, Inc. reported revenue of $3.21B for fiscal 2025, 14.9% lower than the year before.

Was JELD-WEN Holding, Inc. profitable in fiscal 2025?

No. It reported a net loss of $621.2M.

How much free cash flow did JELD-WEN Holding, Inc. generate in fiscal 2025?

Cash from operations of $4.9M minus capital expenditures of $119.8M left free cash flow of -$124.6M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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