olivLaw · US equity research
JELD-WEN Holding, Inc. JELD
Millwood, Veneer, Plywood, & Structural Wood Members · SIC 2430 · Vertical: Lumber and wood products (SIC 24xx)
JELD-WEN designs, manufactures and distributes high-performance interior and exterior doors, windows and related building products for new construction and repair and remodeling, with operations concentrated in North America and Europe. Net revenues reached 3.21 billion USD in 2025, and in the second quarter of 2026 the company reported its first year-over-year rise in Adjusted EBITDA in ten quarters, amid weak demand where cost and volume trends remain decisive.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 05 Nov 2026, JELD-WEN Holding, Inc. (JELD) stock was 1.01 USD (−7.34% on the day), with market capitalisation 87.6 m USD, beta 1.44, 52-week range 0.96–3.18 USD. Latest reported quarter (Q3 2026): revenue of 798.5 m USD (−1.4% YoY), net income of -17.2 m USD, diluted EPS -0.20 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 29.2
- oversold (≤ 30)
- Bollinger (20, 2)
- 1.08 – 1.55
- below the lower band · %B -0.14 · band width 35.7%
- SMA 50 / 200
- 1.72 / 1.72
- mixed trend
- MACD (12, 26, 9)
- -0.15 / -0.14
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −44.5% | −1.1% | −43.4 pp | — |
| 3 months | −42.9% | −0.5% | −42.5 pp | — |
| 6 months | −40.2% | +4.4% | −44.6 pp | — |
| Year to date | −58.9% | +12.3% | −71.3 pp | — |
| 1 year | −63.9% | +13.5% | −77.5 pp | +8.3% |
| 3 years | −91.8% | +76.4% | −168.2 pp | −8.4% |
| 5 years | −96.3% | +63.7% | −160.0 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 26 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 895.7 m | 776.0 m | 823.7 m | 809.5 m | 802.0 m | 722.1 m | 817.8 m | 798.5 m |
| Cost of revenue | 749.3 m | 663.9 m | 680.3 m | 668.6 m | 684.2 m | 629.4 m | 680.5 m | 660.9 m |
| Gross profit | 146.5 m | 112.1 m | 143.4 m | 140.9 m | 117.8 m | 92.7 m | 137.3 m | 137.6 m |
| SG&A | 158.0 m | 144.8 m | 148.5 m | 137.7 m | 120.2 m | 146.0 m | 138.3 m | 116.2 m |
| Operating income | -50.9 m | -185.0 m | -13.9 m | -202.5 m | -14.6 m | -55.2 m | -5.1 m | 8.8 m |
| Depreciation & amortisation | 28.2 m | 27.3 m | 27.4 m ≈ | 28.3 m ≈ | 29.3 m | 29.4 m | 29.0 m ≈ | 28.0 m ≈ |
| Interest expense | 18.7 m | 14.9 m | 16.5 m | 17.4 m | 18.3 m | 17.2 m | 18.4 m | 19.5 m |
| Pre-tax income | -65.0 m | -189.5 m | -25.8 m | -218.9 m | -40.1 m | -73.5 m | -26.9 m | -14.4 m |
| Income tax | 3.4 m | 618.0 k | -3.5 m | 148.7 m | 2.1 m | 3.4 m | 4.6 m | 2.9 m |
| Net income | -68.4 m | -190.1 m | -21.5 m | -367.6 m | -41.9 m | -76.8 m | -31.5 m | -17.2 m |
| Diluted EPS | -0.81 ≈ | -2.24 | -0.25 | -4.30 | -0.49 ≈ | -0.90 | -0.37 | -0.20 |
| Operating cash flow | 28.2 m | -83.5 m | 34.6 m ≈ | 11.2 m ≈ | 32.8 m | -91.2 m | -9.0 m ≈ | 27.4 m ≈ |
| Capex | 52.1 m | 36.8 m | 29.3 m ≈ | 24.3 m ≈ | 29.4 m | 25.1 m | 15.8 m ≈ | 11.6 m ≈ |
| Share repurchases | 0 | 0 | 0 ≈ | 0 ≈ | 0 | — | — | — |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.3 bn | 4.3 bn | 4.2 bn | 4.2 bn | 4.5 bn | 4.3 bn | 3.8 bn | 3.2 bn |
| Revenue YoY | +15.5% | −1.3% | −1.3% | −1.3% | +8.7% | −5.3% | −12.3% | −14.9% |
| Net income | 141.9 m | 63.0 m | 91.6 m | 168.8 m | 45.7 m | 62.4 m | -189.0 m | -621.2 m |
| Net income YoY | +1,647.2% | −55.6% | +45.4% | +84.3% | −72.9% | +36.6% | −402.7% | unavailable |
| Diluted EPS | 1.33 | 0.62 | 0.90 | 1.72 | 0.53 | 0.73 | -2.22 | -7.29 |
| Diluted EPS YoY | unavailable | −53.4% | +45.2% | +91.1% | −69.2% | +37.7% | −404.1% | unavailable |
| net % | 3.3% | 1.5% | 2.2% | 4.0% | 1.0% | 1.5% | -5.0% | -19.3% |
| Free cash flow | 122.3 m | 201.2 m | 278.0 m | 92.1 m | -52.9 m | 246.9 m | -55.7 m | -124.6 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 136.1 m USD
- Financial debt
- 23.7 m USD
- Net debt
- -112.4 m USD
- Equity
- 92.2 m USD
- Total assets
- 2.1 bn USD
- Debt / equity
- 0.26x
- Current ratio
- 1.76x
- ROE
- -174.4%
- ROA
- -26.3%
- FCF margin
- -3.9%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 4.2 bn | 4.2 bn | 4.5 bn | 4.3 bn | 3.8 bn | 3.2 bn | SEC (XBRL)· 23 Feb 2026verified |
| Cost of revenue | 3.3 bn | 3.4 bn | 3.8 bn | 3.5 bn | 3.1 bn | 2.7 bn | SEC (XBRL)· 23 Feb 2026verified |
| Gross profit | 901.9 m | 822.9 m | 785.9 m | 832.6 m | 689.0 m | 514.2 m | SEC (XBRL)· 23 Feb 2026verified |
| SG&A | 702.7 m | 604.5 m | 654.1 m | 655.3 m | 652.5 m | 551.1 m | SEC (XBRL)· 23 Feb 2026verified |
| Operating income | 188.7 m | 215.8 m | 59.3 m | 141.6 m | -126.4 m | -416.0 m | SEC (XBRL)· 23 Feb 2026verified |
| Depreciation & amortisation | 134.6 m | 137.2 m | 131.8 m | 140.2 m | 125.8 m | 112.4 m | SEC (XBRL)· 23 Feb 2026verified |
| EBITDA | 323.3 m ≈ | 353.1 m ≈ | 191.1 m ≈ | 281.8 m ≈ | -660.0 k ≈ | -303.7 m ≈ | SEC (XBRL)· 23 Feb 2026derived |
| Interest expense | 74.8 m | 76.8 m | 82.5 m | 72.3 m | 67.2 m | 67.2 m | SEC (XBRL)· 23 Feb 2026verified |
| Pre-tax income | 116.7 m | 151.0 m | 30.3 m | 88.6 m | -170.8 m | -474.3 m | SEC (XBRL)· 23 Feb 2026verified |
| Income tax | 25.1 m | 19.6 m | 18.0 m | 63.3 m | 16.8 m | 147.9 m | SEC (XBRL)· 23 Feb 2026verified |
| Net income | 91.6 m | 168.8 m | 45.7 m | 62.4 m | -189.0 m | -621.2 m | SEC (XBRL)· 23 Feb 2026verified |
| Diluted EPS | 0.90 | 1.72 | 0.53 | 0.73 | -2.22 | -7.29 | SEC (XBRL)· 23 Feb 2026verified |
| Weighted average diluted shares | 101.7 m | 98.4 m | 87.1 m | 85.9 m | 85.0 m | 85.3 m | SEC (XBRL)· 23 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 735.8 m | 395.6 m | 164.5 m | 288.3 m | 150.3 m | 136.1 m | SEC (XBRL)· 23 Feb 2026verified |
| Receivables | 477.5 m | 552.0 m | 531.2 m | 516.7 m | 388.4 m | 361.2 m | SEC (XBRL)· 23 Feb 2026verified |
| Inventories | 512.2 m | 616.0 m | 594.5 m | 481.5 m | 460.1 m | 444.1 m | SEC (XBRL)· 23 Feb 2026verified |
| Current assets | 1.8 bn | 1.7 bn | 1.7 bn | 1.5 bn | 1.2 bn | 1.0 bn | SEC (XBRL)· 23 Feb 2026verified |
| Property, plant & equipment, net | 872.6 m | 663.6 m | 642.0 m | 644.2 m | 681.4 m | 728.4 m | SEC (XBRL)· 23 Feb 2026verified |
| Goodwill | 639.9 m | 461.3 m | 382.0 m | 390.2 m | 315.2 m | 0 | SEC (XBRL)· 23 Feb 2026verified |
| Intangibles (excl. goodwill) | 246.1 m | 222.2 m | 148.1 m | 123.9 m | 102.0 m | 96.3 m | SEC (XBRL)· 23 Feb 2026verified |
| Total assets | 4.0 bn | 3.2 bn | 3.5 bn | 3.0 bn | 2.6 bn | 2.1 bn | SEC (XBRL)· 23 Feb 2026verified |
| Accounts payable | 269.9 m | 418.8 m | 287.0 m | 269.3 m | 264.9 m | 237.3 m | SEC (XBRL)· 23 Feb 2026verified |
| Short-term debt | 66.7 m | 38.6 m | 34.1 m | 36.2 m | 30.9 m | 23.7 m | SEC (XBRL)· 23 Feb 2026verified |
| Long-term debt | 0 | — | — | 0 | 0 | — | SEC (XBRL)· 20 Feb 2025verified |
| Current liabilities | 867.6 m | 888.9 m | 786.6 m | 678.9 m | 625.0 m | 577.9 m | SEC (XBRL)· 23 Feb 2026verified |
| Total liabilities | 3.0 bn | 2.9 bn | 2.8 bn | 2.1 bn | 2.0 bn | 2.0 bn | SEC (XBRL)· 23 Feb 2026verified |
| Equity | 1.0 bn † | 842.2 m † | 723.5 m † | 850.6 m † | 620.1 m † | 92.2 m † | SEC (XBRL)· 23 Feb 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 355.7 m | 175.7 m | 30.3 m | 345.2 m | 106.2 m | -4.9 m | SEC (XBRL)· 23 Feb 2026verified |
| Capex | 77.7 m | 83.6 m | 83.2 m | 98.3 m | 161.9 m | 119.8 m | SEC (XBRL)· 23 Feb 2026verified |
| Free cash flow | 278.0 m ≈ | 92.1 m ≈ | -52.9 m ≈ | 246.9 m ≈ | -55.7 m ≈ | -124.6 m ≈ | SEC (XBRL)· 23 Feb 2026derived |
| Investing cash flow | -82.0 m | -92.4 m | -67.0 m | 279.2 m | -153.3 m | 16.3 m | SEC (XBRL)· 23 Feb 2026verified |
| Financing cash flow | 207.9 m | -401.2 m | -120.0 m | -563.2 m | -80.6 m | -33.0 m | SEC (XBRL)· 23 Feb 2026verified |
| Share repurchases | 5.0 m | 323.7 m | 132.0 m | 0 | 24.3 m | 0 | SEC (XBRL)· 23 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 87.6 m USD
Key indicators
Coverage and freshness
Score by group
60% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · the base of the ratio is not positive
- Peers: EV/EBITDAunavailable · not enough peers
- Peers: P/Eunavailable · the base of the ratio is not positive
- Dividend discount (DDM)unavailable · input data missing
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | -5.3% | 20 (vs peers) | 10% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | -10.9% | 0 (on a fixed band) | 14% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | -1.5x | 100 (on a fixed band) | 17% |
| Interest coverage · Balance sheet | -0.9x | 0 (on a fixed band) | 10% |
| Current ratio · Balance sheet | 1.8x | 85 (on a fixed band) | 7% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | 0.3x | 100 (on a fixed band) | 17% |
| FCF yield · Valuation | -139.0% | 0 (on a fixed band) | 14% |
| Shareholder yield (distributions) · Returns | 0.0% | 0 (on a fixed band) | 10% |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet67/100 · 3/3 factors with a value
- Growth· partial0/100 · 1/2 factors with a value
- Quality· partial20/100 · 1/3 factors with a value
- Returns· partial0/100 · 1/2 factors with a value
- Valuation56/100 · 2/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
JELD-WEN Holding, Inc. (JELD). Latest full fiscal year: 2025; data up to 2026-09-26.
Figures computed from the financial statements: revenue 3.2 bn USD in 2025; YoY growth -14.9%; net margin -5.3%; ROE -454.4%; net debt/EBITDA -1.5x.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Net debt / EBITDA: -1.5x
- Current ratio: 1.8x
- EV/EBITDA: 0.3x
What contradicts it
- Net margin: -5.3%
- Revenue CAGR 3Y: -10.9%
- Interest coverage: -0.9x
- FCF yield: -139.0%
- Shareholder yield (distributions): 0.0%
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, EPS CAGR 3Y, P/E (TTM), Payout ratio (FCF).
Versus the vertical median
Lumber and wood products (SIC 24xx) · same major group (2-digit SIC) · compared with 10 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| TREXTrex Company, Inc. | 5.6 bn | 32.5 | 17.3% | 13.9% | +2.0% | +60% / −20% |
| FBINFortune Brands Innovations, Inc. | 5.6 bn | 44.2 | 5.5% | 2.9% | −3.2% | −9% / −31% |
| LPXLouisiana-Pacific Corporation | 5.4 bn | 78.9 | 3.9% | 2.7% | −7.9% | −6% / +26% |
| SKYChampion Homes, Inc. | 5.0 bn | 27.7 | 11.8% | 6.8% | +7.3% | +9% / +55% |
| CVCOCavco Industries, Inc. | 4.9 bn | 27.3 | 16.6% | 7.7% | +11.4% | +8% / +128% |
| UFPIUfp Industries, Inc. | 4.5 bn | 20.1 | 7.5% | 3.6% | −5.0% | −11% / −24% |
| KOPKoppers Holdings Inc. | 749.7 m | — | -19.0% | -4.6% | −10.2% | +34% / −12% |
| LEGHLegacy Housing Corporation | 716.1 m | 11.3 | 11.4% | 30.1% | −10.7% | +51% / +34% |
| JELDJELD-WEN Holding, Inc. | 87.6 m | — | -454.4% | -5.3% | −14.9% | −64% / −92% |
| NWGLCL Workshop Group Ltd | 4.4 m | — | -64.0% | -40.5% | −15.4% | −98% / −100% |
| WFGWest Fraser Timber Co. Ltd. | — | — | -14.6% | -17.2% | −11.5% | +13% / −5% |
1- and 3-year price returns: for JELD from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 04 Aug 2026; since then the company filed 10-Q (04 Nov 2026), 8-K (03 Nov 2026 · results).
In brief
JELD-WEN designs, manufactures and distributes high-performance interior and exterior doors, windows and related building products for new construction and repair and remodeling, with operations concentrated in North America and Europe. Net revenues reached 3.21 billion USD in 2025 1, and in the second quarter of 2026 the company reported its first year-over-year rise in Adjusted EBITDA in ten quarters 3, amid weak demand where cost and volume trends remain decisive.
SWOT
Strengths
- A broad range of doors and windows, vertical integration and a presence in many European and North American countries are strengths described in the company's filings 1.
- The company states it is the only manufacturer offering a full line of interior and exterior doors and windows to North American customers 1.
- Productivity programs contributed to the improvement in Adjusted EBITDA in the second quarter of 2026 3.
Weaknesses
- Dependence on a few large customers, such as The Home Depot and Lowe's, gives them bargaining power over prices 1.
- The company reported a net loss from continuing operations and negative free cash flow in the first half of 2026 3.
- Gross margin declined in the second quarter of 2026 because of weaker price/cost and volume/mix 2.
Opportunities
Risks
- Dependence on large customershigh
Losing a major customer or seeing orders reduced could sharply affect sales, since the company generally has no long-term contracts with them 1.
- Construction and renovation demandhigh
Activity in construction is sensitive to interest rates, credit and inflation, and demand declined in the second quarter of 2026 12.
- Production costsmedium
Rising costs for raw materials, energy and transport could reduce margins if they cannot be fully passed on to customers 1.
- Execution of cost reduction programsmedium
If plant closures and footprint programs do not deliver the expected results, the company could incur additional restructuring costs 1.
- Cash flowmedium
Operating cash flow was negative in the first half of 2026, and debt and interest costs could limit financial flexibility 3.
Investment thesis
What would need to be true (bull case)
- If productivity and cost control continue, the Adjusted EBITDA margin could keep improving even in a weak market, as seen in the second quarter of 2026 3.
- The raised midpoint of Adjusted EBITDA guidance suggests management is confident in execution, and Europe showed revenue growth 3.
- A full North American product range and a European platform could support customer wins and share gains if demand recovers 1.
What would break the thesis
What to watch
- Core Revenue and volume trends in North AmericaQ3 2026
- Delivery against the revised Adjusted EBITDA and revenue guidance2026
- Operating cash flow in the second half of the year2026
- Gross margin and raw material cost trends in Europenext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 04 Aug 2026; since then the company filed 10-Q (04 Nov 2026), 8-K (03 Nov 2026 · results).
The business
JELD-WEN is a global designer, manufacturer and distributor of interior and exterior doors, windows and related building products, with brands including LaCantina, VPI, Swedoor, DANA and Kellpex 1. Doors accounted for 68% of 2025 net revenues and windows for 19%, with the remainder from ancillary products and services 1. The company operates 76 manufacturing and distribution facilities in 14 countries 1 and employed approximately 13,900 people at December 31, 2025 1.
The operating model relies on vertical integration across many product lines, which supports quality control and yields supply chain, transport and working capital savings 1. Strategy covers pricing discipline, cost reduction, footprint rationalization and automation, aiming at better margins 1.
Sales run through large wholesale distributors and home centers such as The Home Depot and Lowe's in North America and B&Q and Howdens in Europe 1. The concentration on large customers is a defining feature, and The Home Depot represented 17% of consolidated net revenues in 2025 1.
Market context
Demand for doors and windows depends on new construction and renovation activity, which is sensitive to elevated interest rates, credit availability and inflation 1. For North America the company expects continued headwinds in 2026, and for Europe broadly flat markets with growth in the Nordics, the UK and France and softness in the DACH region until late 2026 1. Core Revenues declined 2% in the second quarter of 2026 2.
Seasonality shapes results, with peak activity in the second and third calendar quarters and working capital building ahead of the season 1. Adverse weather can delay construction projects and affect volumes 1.
Trends
- Interest rates and mortgage creditheadwind
Elevated rates and harder access to financing for consumers weigh on discretionary renovation and new construction, which can be deferred 1. If rates ease, demand could gradually recover.
- Raw material and freight costsheadwind
Rising prices for wood, steel, glass and aluminum, along with freight and tariff costs, pressure margins, and the company tries to pass these costs on to customers without certainty of success 12.
- Productivity and cost reductiontailwind
Productivity programs, plant closures and headcount reductions supported Adjusted EBITDA in the second quarter of 2026 3, although full realization of savings depends on execution.
- European renovation and government incentivestailwind
In some European regions renovation could outpace new builds because of government incentives, which could support the European segment 1.
Competitive position
The door and window industry is highly competitive with regional and international players, and competition rests on quality, service, distribution and price 1. In North America the main rivals include units of larger groups such as Masonite (Owens Corning) and Therma-Tru (Fortune Brands), while the window market is fragmented 1. In Europe competitors include regional makers such as Huga, Prüm/Garant and Hörmann 1. Some rivals have greater financial resources, which can pressure prices 1.
The company argues that its brands, broad product lines and distribution capabilities position it well in the industry 1. If aggressive rivals cut prices, JELD-WEN could lose customers or market share 1.
- Masonite
A division of Owens Corning and a major rival for interior and exterior doors in North America and Europe, according to the filing 1.
- Therma-Tru
A division of Fortune Brands and a competitor for exterior doors in North America 1.
- Andersen
A private window maker cited as a sizable competitor in a fragmented North American window market 1.
- Pella
A window maker cited as a competitor in North America 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Quarterly report04 Nov 2026
- Current report03 Nov 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report29 Oct 2026Regulation FD disclosure · Financial statements and exhibits
- Current report19 Oct 2026Departure or appointment of officers · Regulation FD disclosure · Financial statements and exhibits
- Current report29 Sept 2026Material agreement · Regulation FD disclosure · Financial statements and exhibits
- Quarterly report04 Aug 2026
- Current report03 Aug 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Quarterly report05 May 2026
- Current report04 May 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report24 Apr 2026Departure or appointment of officers · Shareholder vote · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / JELD-WEN Holding, Inc. · 23 Feb 2026
- [2] Form 10-Q, quarter ended 2026-06-27 · SEC / JELD-WEN Holding, Inc. · 04 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / JELD-WEN Holding, Inc. · 03 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.