Simpson Manufacturing Company, Inc. · NYSE:SSD
Simpson Manufacturing — Q4 2025 Earnings Presentation
39 slides from Simpson Manufacturing's earnings presentation, Feb 9, 2026
Slide 1: Strong Foundation. Stronger Future.
Strong Foundation. Stronger Future. Simpson Manufacturing Co., Inc. Investor Presentation February 2026
Slide 2: Safe Harbor
Safe Harbor Note: The financial results in this presentation as of and for the fiscal year ended December 31, 2025 are unaudited. This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 193
Slide 3: Investment Highlights
Investment Highlights Leader in structural solutions Customer-centric business Diversified product for wood connections with model, above market volume offerings serving customers significant opportunities in growth(1), high brand across five end-use market all addressable markets recognition and tr
Slide 4: 30+ Years as a Public Company
30+ Years as a Public Company Performance Since IPO Compound annual growth $250.00 rate of ~14%(1) since 1994 Revenue Growth (1994 – 2025) IPO $150 M $2.3 B $200.00 ~15x $161.47 $150.00 Operating Income (1994 – 2025) $100.00 $50.00 $14 M ~33x $458 M $0.00 EPS Growth (1994 – 2025) $0.14 ~59x $8.24 (1
Slide 5: Simpson's Purpose and Unique Culture
Simpson’s Purpose and Unique Culture OUR MISSION OUR COMPANY VALUES 1. Relentless Customer Focus 2. Long-Range View 3. High-Quality Products To deliver innovative 4. Be The Leader solutions that help people 5. Everybody Matters design and build safer, 6. Enable Growth stronger structures. 7. Risk-Ta
Slide 6: Our Strong Business Model
Our Strong Business Model Data as of February 2026. Innovation leader Broad portfolio of solutions Pioneer of construction solutions 15K standard & custom wood products 8 R&D testing labs 3K standard & custom concrete products ~100 code evaluation reports 50+ software and web-app solutions 500+ pate
Slide 7: Simpson's Value Proposition
Simpson’s Value Proposition Our presence at every stage of the construction process — from compliance and specification to procurement and installation — creates an interconnected value chain, setting us apart and ensuring long-term market leadership. Our ▪ Code evaluation reports for products ▪ Eng
Slide 8: Core Addressable Market
Core Addressable Market (1) Wood Connectors, Concrete & Steel Fastening Systems ICS (Truss) & Lateral Systems Connections Addressable Market ~$3.8 B Addressable Market ~$5.2 B Addressable Market ~$2.9 B 11% 12% 33% SSD Share SSD Share SSD Share ~$1.3 B ~$0.6 B ~$0.4 B Many opportunities to grow our
Slide 9: Broad Portfolio of Solutions
Broad Portfolio of Solutions Our broad and deep product offering includes 10,000+ standard and custom products for wood, concrete, and steel connections as well as digital solutions to make it easier to specify and order our products. Wood Connectors Integrated Component Systems Lateral Systems (Fra
Slide 10: 5 Key End-Use Markets in North America
5 Key End-Use Markets in North America See Appendix for additional details. Residential Commercial Component OEM National Retail Construction Construction Manufacturer Our market-focused approach enables us to better serve current customers while identifying opportunities to reach new customers with
Slide 11: Driving Growth with Digital Solutions
Driving Growth with Digital Solutions Key focus areas to make it easier Building out our digital offerings to serve to specify and order our products customers across the building industry Design/visualization, Project management estimating, online and truss design Make it easier to do business with
Slide 12: Europe Strategy
Europe Strategy Building Strong Brands in Our Core Business Grow with Our Strong Solutions Offer complete Further strengthen Double Build on our product solutions: Targeted expansion our #1 position in structural strong position Connectors in pavement wood connectors fasteners in facade Fasteners re
Slide 13: Strong Business Drives Stockholder Value
Strong Business Drives Stockholder Value Other $4 $8.26 $8.24 EPS $7.76 $7.60 Concrete $6.12 Our 2025 Sales by Construction $361 $4.27 Product… $2.72 $2.98 ($ USD Millions) $1.86 $1.94 Wood $1.29 $1.38 Construction $1,968 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Asia/Pacific $19 D
Slide 14: Historical Market and Financial Performance
Historical Market and Financial Performance Total Company Revenue & Profitability Relative to U.S. Housing Starts $2,400 2.0 $2,300 $2,200 1.8 $2,100 $2,000 $1,900 1.6 $1,800 $1,700 1.4 Housing Starts (M) $1,600 $1,500 $1,400 1.2 $1,300 ($M) $1,200 1.0 $1,100 $1,000 0.8 $900 $800 $700 0.6 $600 $500
Slide 15: Track Record of Above Market Growth
Track Record of Above Market Growth Our global operations continue to outperform U.S. housing, and we are highly focused on continuing above market volume growth while pursuing strong profitability. ~3% pts. on avg. above market $1,600 2.00 $1,400 1.80 1.60 $1,200 Sales Volume ($ M) Housing Starts (
Slide 16: Significant Progress in a Flat Market
Significant Progress in a Flat Market 2025 Other (Primarily FX) ~$20 M Volume 2020 ~$200 M Acquisitions ~$350 M Revenue Pricing $2.33 B ~$510 M Revenue Op. Income $1.25 B $458 M Op. Income $250 M 1.38 M <1.40 M U.S. housing starts < 1.4 million U.S. housing starts in 2020 and 2025 U.S. housing start
Slide 17: Progress Made from 2020 to 2025
Progress Made from 2020 to 2025 Despite market headwinds, we entered 2026 from a position of strength. ✓ ~$1.1 B more revenue ✓ Transitioned to direct sales, away from two-step distribution ✓ ~$200 M more operating profit ✓ Streamlined processes and focused on ✓ Clearer targets and strategies high-i
Slide 18: Q4 2025 Net Revenue Performance Drivers
Q4 2025 Net Revenue Performance Drivers 1.8% (4.0%) 5.6% 0.8% $550.0 $539 • 4Q25 benefits from full $517 realization of price increases $500.0 4.2% implemented in 2Q & 4Q 2025 • FX primarily driven by $450.0 EUR:USD exchange rate • Volume adversely impacted by contracting U.S. housing market $400.0
Slide 19: FY 2025 Net Revenue Performance Drivers
FY 2025 Net Revenue Performance Drivers • Price increases implemented 0.8% (0.9%) 0.9% $2,333 in 2Q & 4Q 2025 $2,350.0 1.0% 2.7% • Monet DeSauw contributes 4.5% $2,300.0 ~75% of acquisition net sales $2,232 $2,250.0 • FX primarily driven by $2,200.0 EUR:USD exchange rate • Volume adversely impacted
Slide 20: Operating Income Margin Outperformance
Operating Income Margin Outperformance Simpson Historical Operating Income Margin Versus Proxy Peer Average(1) 25.0% 23.4% 21.7% Operating 21.5% 2006 - 2020- 2022- 19.6% Income Margin 19.9% 19.9% 2019 2021 2025 20.0% 19.3% Average 19.5% - Proxy Peer 16.5% 20.5%(2) 8.6% 15.4% 16.3% 16.0% 15.9% Averag
Slide 21: Well-Positioned to Drive Growth
Well-Positioned to Drive Growth We are well-positioned to execute our growth strategy given our demonstrated commitment to disciplined capital allocation. $995 $79 $44 Dollar amounts shown in Millions $811 $459 $400 $427 $408 $340 $332 $100 $207 $47 $208 $120 $79 $158 $151 $48 $50 $2 $116 $45 $76 $2
Slide 22: Capital Return History
Capital Return History $1.24 Billion 2021 – 2025(1) Cumulative Free Cash Flow defined as: Cash flow from operations ($1.78 B) less Capital expenditures ($0.54 B) Repurchases of Quarterly Cash Common Stock Dividends 30.1% 18.2% (1) Note: Financials results as of and for the fiscal year ended December
Slide 23: Use of Cash Priorities
Use of Cash Priorities Cash Flow From Operations Past and Potential Future Uses of Cash Flows ▪ Prioritizing facility expansions (capacity, service, efficiencies and safety) Organic Growth ▪ Investing in growth initiatives (engineering, marketing, sales personnel, testing capabilities, etc.) ▪ Selec
Slide 24: Investments to Meet Growing Demand
Investments to Meet Growing Demand Expansion of North American manufacturing operations to better serve our customers. Expansion of Columbus, OH Facility Greenfield Gallatin, TN Facility ▪ Future capacity to support growth ▪ Support fastener sales growth ▪ Maintain safety standards ▪ Reduce dependen
Slide 25: Acquisition Strategy
Acquisition Strategy Accelerate our strategic growth priorities through M&A opportunities, maximizing long-term value. Strengthen our business Improve our manufacturing Build a robust M&A model by expanding our capabilities and supply pipeline; most actionable product lines to develop chain efficien
Slide 26: Company Ambitions
Company Ambitions (1) Volume represents underlying organic revenue growth, calculated by adjusting total revenue to exclude pricing, acquisitions (first-year), and other non-volume impacts such as foreign exchange. Continue above market volume(1) growth 1 Strengthen our values-based culture 4 relati
Slide 27: Appendix
Appendix
Slide 28: Innovation Leader
Innovation Leader Simpson is a pioneer of construction solutions and the industry standard for structural connectors. FIRST EXPANSION INTO OPENED STEEL SHEAR WALLS HOLDOWN FIRST TYE GILB TEST LAB EXPANSION INTO EXPANSION INTO CONNECTOR STAINLESS STEEL TRUSS SOFTWARE FASTENERS EXPANSION INTO FASTENER
Slide 29: Innovation Leader (continued)
Innovation Leader (continued) Over the years, Simpson has remained an innovation leader in connectors, fasteners, lateral systems, anchors and construction software. EXPANSION INTO EXPANSION INTO EUROPEAN COMMERCIAL EXPANSION INTO BUILDER FURTHER EXPANSION INTO ENGINEERED BUILDING MARKET & LBM SOFTW
Slide 30: Innovation Leader (continued)
Innovation Leader (continued) (1) Data as of February 2026. A dedication to innovation through extensive research and development, academic partnerships and state-of-the-art structural testing. Innovation by the numbers(1) Testing is in our DNA ~300 8 ~100 Engineers R&D Code Test Labs Reports ~500 ~
Slide 31: Residential End-Use Market
Residential End-Use Market Key Market Focus Areas Strategy ▪ Single family construction ▪ Build and maintain strong relationships with Builders and ▪ Multifamily construction pro-dealers ▪ Outdoor living (e.g., decks, pergolas, fences) ▪ Specify and create demand through national builders ▪ Repair,
Slide 32: Commercial End-Use Market
Commercial End-Use Market Key Market Focus Areas Strategy ▪ Retail and office buildings ▪ Call on and educate engineers and designers to drive ▪ Data center construction specifications ▪ Institutional (education, healthcare) ▪ Provide training and support to contractors and distributors ▪ Manufactur
Slide 33: OEM End-Use Market
OEM End-Use Market Key Market Focus Areas Strategy ▪ Off-site construction (manufactured housing, modular ▪ Aligned with our business model; identify opportunity for construction, post-frame construction, prefab sheds) existing connectors, fasteners, anchors and truss plates products ▪ Mass timber c
Slide 34: National Retail End-Use Market
National Retail End-Use Market Key Market Focus Areas Strategy ▪ Large home centers ▪ Improve retail execution through merchandising, product ▪ Co-ops / retail chains development, and marketing ▪ Farm & hardware supply retailers ▪ Continue expanding availability of all product lines, and increase in
Slide 35: Component Manufacturer End-Use Market
Component Manufacturer End-Use Market Key Market Focus Areas Strategy ▪ Component manufactures who build roof and floor trusses, ▪ Continue to develop functional, stable, open software offer EWP solutions and/or wall panel solutions ▪ Continue to increase truss plate manufacturing capacity to ▪ Equi
Slide 36: Digital Solutions
Digital Solutions Building out our digital offerings to serve customers across the building industry. Project management and truss design Design/visualization, estimating, online ordering Free design software and plans Option management, Specification tools (apps/selectors) estimating 36
Slide 37: Corporate Social Responsibility
Corporate Social Responsibility Environmental: Committed to continuously improving the efficiency of our resource use to lessen our impact, and designing and manufacturing products with environmental conservation in mind Manufacturing Facilities Energy Conservation ▪ GOAL: Minimize amount of total w
Slide 38: Corporate Social Responsibility
Corporate Social Responsibility Social Responsibility: Dedicated to ensuring everyone at our Company feels included, valued, empowered, and equipped with the tools and confidence to improve, learn and thrive personally and professionally Inclusion and Belonging Leadership and Development ▪ GOAL: Fos
Slide 39: Strong Foundation. Stronger Future.
Strong Foundation. Stronger Future.
Simpson Manufacturing Company — Q4 2025 Earnings Presentation on 6ix