FBIN vs. LPX
FBIN (Fortune Brands Innovations Inc.) and LPX (Louisiana-Pacific Corporation) are both stocks. Both operate in the Building Products & Equipment industry within the Industrials sector. Over the past 10 years, FBIN returned -0.64%/yr vs 16.31%/yr for LPX. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
FBIN vs. LPX - Performance Comparison
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Returns By Period
In the year-to-date period, FBIN achieves a -20.14% return, which is significantly lower than LPX's -12.58% return. Over the past 10 years, FBIN has underperformed LPX with an annualized return of -0.64%, while LPX has yielded a comparatively higher 16.31% annualized return.
FBIN
- 1D
- 1.05%
- 1M
- 4.67%
- YTD
- -20.14%
- 6M
- -19.43%
- 1Y
- -21.18%
- 3Y*
- -14.22%
- 5Y*
- -13.00%
- 10Y*
- -0.64%
LPX
- 1D
- -0.78%
- 1M
- -6.39%
- YTD
- -12.58%
- 6M
- -16.54%
- 1Y
- -22.51%
- 3Y*
- 4.62%
- 5Y*
- 3.37%
- 10Y*
- 16.31%
FBIN vs. LPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBIN Fortune Brands Innovations Inc. | -20.14% | -25.41% | -9.12% | 35.25% | -36.48% | 26.02% | 32.92% | 74.91% | -43.66% | 29.52% |
LPX Louisiana-Pacific Corporation | -12.58% | -21.05% | 47.93% | 21.55% | -23.38% | 113.30% | 27.96% | 36.40% | -13.75% | 38.72% |
Correlation
The correlation between FBIN and LPX is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2011 | 0.55 |
The correlation between FBIN and LPX has been stable across timeframes, ranging from 0.55 to 0.64 - a consistent structural relationship.
Fundamentals
FBIN:
$2.15
LPX:
$1.17
FBIN:
18.36
LPX:
59.80
FBIN:
1.07
LPX:
1.92
FBIN:
$3.36B
LPX:
$2.56B
FBIN:
$1.53B
LPX:
$507.00M
FBIN:
$484.60M
LPX:
$247.00M
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Return for Risk
FBIN vs. LPX — Risk / Return Rank
FBIN
LPX
FBIN vs. LPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortune Brands Innovations Inc. (FBIN) and Louisiana-Pacific Corporation (LPX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| FBIN | LPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 0.93 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.44 | -0.67 | +0.22 |
| Martin ratioReturn relative to average drawdown | -0.95 | -1.22 | +0.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FBIN | LPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.50 | -0.55 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 0.08 | -0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.02 | 0.40 | -0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.16 | +0.16 |
Drawdowns
FBIN vs. LPX - Drawdown Comparison
The maximum FBIN drawdown since its inception was -62.42%, smaller than the maximum LPX drawdown of -96.41%. Use the drawdown chart below to compare losses from any high point for FBIN and LPX.
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Drawdown Indicators
| FBIN | LPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.42% | -96.41% | +33.99% |
Max Drawdown (1Y)Largest decline over 1 year | -47.93% | -33.83% | -14.10% |
Max Drawdown (3Y)Largest decline over 3 years | -61.90% | -43.14% | -18.76% |
Max Drawdown (5Y)Largest decline over 5 years | -61.90% | -43.14% | -18.76% |
Max Drawdown (10Y)Largest decline over 10 years | -62.42% | -59.45% | -2.97% |
Current DrawdownCurrent decline from peak | -55.26% | -40.57% | -14.69% |
Average DrawdownAverage peak-to-trough decline | -16.69% | -37.86% | +21.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.40% | 18.43% | +3.97% |
Volatility
FBIN vs. LPX - Volatility Comparison
The current volatility for Fortune Brands Innovations Inc. (FBIN) is 11.51%, while Louisiana-Pacific Corporation (LPX) has a volatility of 12.83%. This indicates that FBIN experiences smaller price fluctuations and is considered to be less risky than LPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBIN | LPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.51% | 12.83% | -1.32% |
Volatility (6M)Calculated over the trailing 6-month period | 35.66% | 31.48% | +4.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.72% | 41.38% | +1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.50% | 39.93% | -3.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.05% | 40.85% | -5.80% |
Dividends
FBIN vs. LPX - Dividend Comparison
FBIN's dividend yield for the trailing twelve months is around 2.58%, more than LPX's 1.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBIN Fortune Brands Innovations Inc. | 2.58% | 2.00% | 1.40% | 1.21% | 1.68% | 0.97% | 1.12% | 1.35% | 2.11% | 1.05% | 1.20% | 1.01% |
LPX Louisiana-Pacific Corporation | 1.66% | 1.39% | 1.00% | 1.36% | 1.49% | 0.87% | 1.56% | 1.82% | 2.34% | 0.00% | 0.00% | 0.00% |
Financials
FBIN vs. LPX - Financials Comparison
This section allows you to compare key financial metrics between Fortune Brands Innovations Inc. and Louisiana-Pacific Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
FBIN vs. LPX - Profitability Comparison
FBIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fortune Brands Innovations Inc. reported a gross profit of 0.00 and revenue of -66.20M. Therefore, the gross margin over that period was 0.0%.
LPX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Louisiana-Pacific Corporation reported a gross profit of 115.00M and revenue of 574.00M. Therefore, the gross margin over that period was 20.0%.
FBIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fortune Brands Innovations Inc. reported an operating income of -61.40M and revenue of -66.20M, resulting in an operating margin of 92.8%.
LPX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Louisiana-Pacific Corporation reported an operating income of 34.00M and revenue of 574.00M, resulting in an operating margin of 5.9%.
FBIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fortune Brands Innovations Inc. reported a net income of -52.20M and revenue of -66.20M, resulting in a net margin of 78.9%.
LPX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Louisiana-Pacific Corporation reported a net income of 27.00M and revenue of 574.00M, resulting in a net margin of 4.7%.
Frequently Asked Questions
FBIN and LPX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPX has higher volatility (12.83%) compared to FBIN (11.51%). In terms of maximum drawdown, FBIN dropped -62.42% vs LPX's -96.41%.
FBIN currently has the higher Sharpe Ratio (-0.50 vs -0.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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