SSD
Simpson Manufacturing Co., Inc.
Next earnings Jul 27, 2026 · consensus $2.73 EPS, $663M rev
Last earnings +2.7% on 2026-04-27
$200.72
▼ -4.07%$200.72▲ +28.65%
over 1Y
L $154.23H $210.06
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-4.1%
1W-4.3%
1M+6.9%
3M+20.7%
YTD+22.1%
1Y+28.6%
Buy
Conviction
Horizon
Long (>12mo)
12-mo target
$•••
Street · 9 analysts
Buy
Dominant Strong-Tie connector maker with 46% gross margins and 17% ROE — a durable compounder at a fair 24x.
Gross margin 45.9% · FY2025
The read
The fundamentals carry the rating, but the price is rich (~29% above our fair-value estimate) — a quality-at-a-price call. The case rests on the business, not the entry; patient buyers may wait for a pullback.
Simpson Manufacturing (Strong-Tie) is the category leader in engineered structural connectors, fasteners and anchors for building construction. The franchise economics are excellent: 45.9% gross margin, 19.6% operating margin, and 17.0% ROE, underpinned by deep relationships with builders, engineers and code officials. FY2025 revenue grew 4.5% to $2.33B and net income 7.1% to $345M, with EPS up 8.4% to $8.24 — management explicitly targets 'earnings per share growth ahead of net revenue growth' and an operating margin 'at or above 20%,' and is delivering.
The balance sheet and cash generation are strong. Operating cash flow rose 35.6% to $459M, cash grew 60.5% to $384M, long-term debt was cut 22.7% to $300M, and leverage is conservative at 0.51x liabilities/equity. The company returns capital via $120M of buybacks and a growing dividend, while investing in capacity (the new Gallatin, Tennessee facility onshoring fastener/anchor production). Steel-cost stability noted in the 10-K (prices stabilizing through 2024-2025) supports the margin outlook.
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 21, 2026, 4:50 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $1.57B | $2.12B | $2.21B | $2.23B | $2.33B |
| Gross profit | $755M | $941M | $1.04B | $1.02B | $1.07B |
| Operating income | $368M | $459M | $475M | $430M | $458M |
| Net income | $266M | $334M | $354M | $322M | $345M |
| Diluted EPS | $6.12 | $7.76 | $8.26 | $7.60 | $8.24 |
| Net margin | 16.9% | 15.8% | 16.0% | 14.4% | 14.8% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$8.19B
EV / EBITDA14.9
EV / Sales3.5
EV / FCF27.5
P / FCF27.7
PEG (trailing)3.43
Earnings yield4.2%
FCF yield3.6%
Quality & risk
ROIC (est.)15.4%
Free cash flow$298M
Total debt$315M
Net cash$69.1M
Altman Z-Score7.24 safe
Piotroski F-Score6/9
Capital returns
Buyback yield1.5%
Dividend yield (est.)0.6%
Shareholder yield2.0%
Shares Δ YoY-1.4%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRoutine disclosure cadence — no material red flags in recent filings.
Recent filings
all on EDGAR ↗11-K/APeriod ending 2025-12-312026-07-02open ↗11-KPeriod ending 2025-12-312026-06-18open ↗SDFiling2026-06-18open ↗8-KPeriod ending 2026-05-062026-05-18open ↗4Period ending 2026-05-062026-05-08open ↗4Period ending 2026-05-062026-05-08open ↗4Period ending 2026-05-062026-05-08open ↗4Period ending 2026-05-062026-05-08open ↗4Period ending 2026-05-062026-05-08open ↗4Period ending 2026-05-062026-05-08open ↗4Period ending 2026-05-062026-05-08open ↗10-QPeriod ending 2026-03-312026-05-07open ↗
Frequently asked
- Is Simpson Manufacturing Co., Inc. (SSD) a buy?
- SSD currently carries a Buy rating with 3/5 conviction, derived from its latest SEC filings. Dominant Strong-Tie connector maker with 46% gross margins and 17% ROE — a durable compounder at a fair 24x.
- What is SSD's fair value?
- A Modified-Graham model based on SSD's SEC fundamentals estimates a fair value of about $141.75. It is an estimate from reported earnings, not a price target.
- Is SSD overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, SSD currently appears overvalued relative to its SEC-grounded earnings power.
- What is Simpson Manufacturing Co., Inc.'s quality score?
- SSD scores 74.5100172595213/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000920371, latest 10-Q filed 2026-05-07) · EODHD · Proprietary analysis · as of 6/21/2026, 8:50:40 PM.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.