Simpson Manufacturing Co.

SSD

Construction · Industrials

Price

$189.20

-4.60 (-2.37%)

Market Cap

$7.78B

Winston Score

Winston is curious

Mixed quality — meaningful strengths and weaknesses.

Share count falling — buybacks

−3.8% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 43.5M (2021) → 41.9M (2025)

Simpson Manufacturing makes the metal connectors, brackets, and fasteners that hold wood-framed buildings together. Its products — like joist hangers, anchor bolts, and structural screws — are used by homebuilders, contractors, and engineers across residential and commercial construction. The company is one of the largest makers of structural connectors in North America and owns the Simpson Strong-Tie brand, which is widely recognized in the building trades.

Simpson earns most of its revenue by selling hardware products directly to distributors, dealers, and home improvement retailers like Home Depot. It operates mainly in the United States but also has a presence in Europe and other international markets, generating roughly $2 billion in annual revenue. Its moat comes from deep relationships with engineers and code bodies — its products are often written into building specifications by name, making it hard for competitors to displace them. The biggest risk is a slowdown in housing construction, which directly reduces demand for its products.

Winston Score History

Politician Trades

2 trades / 12mo

0 Congressional buys and 2 sells on SSD in the last 12 months.

Unlock the full Smart Money Map — every trade plotted on the price chart with politicians, amounts and returns since each trade. Founder's Deal is $57/mo locked for life.

Unlock politician trades

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+9.1% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

+15.1% YoY

YoY Growth Rate

Steady EPS growth

R&D Spend

$82M/ year

↓ Declining (-12% vs prior year)

3.5% of revenue

In line with sector average (4%)

R&D spend declining — could signal cost-cutting or efficiency

Insider Activity

0.4%ownership

→ Flat

Insiders holding steady — not selling despite ability to

Cash Position

Cash flow positive

$341M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

Simpson Manufacturing Co. is growing revenue at 9% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

45.2%

Healthy — 45.2% gross margin

Operating Margin

19.5%

Healthy — 19.5% operating margin

ROCE

4.7%

Weak — 4.7% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

+6.3%

Slow sales growth (6.3% YoY)

EPS YoY

+11.0%

Earnings growing (11.0% YoY)

Healthy double-digit earnings growth — what compounders look like.

EPS Consistency

8/8 quarters

Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

136%

Turns 136% of profit into real cash

FCF Margin

15.0%

Converts sales into free cash efficiently (15.0%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

0.19

Conservative — low debt load (0.19)

Interest Cover

100.00x

Comfortably covers interest (100.0x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

22.1x

Growth-priced — P/E 22.1

P/E above the market average. People are paying up for expected growth.

P/E vs Forward

-0.1

SLOWING

Earnings expected to fall — forward P/E higher than today

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend Yield

0.58%

Small dividend — 0.58% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend Growth

+3.5%

Dividend growing modestly (3.5% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial