# JELD-WEN Holding, Inc. (JELD)

> Source: Nexqual · https://nexqual.com/JELD · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, JELD-WEN Holding, Inc. (JELD), nexqual.com/JELD" · informational, not investment advice.

**Price:** USD 1.42 (+10.94% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 1.28 · day 1.26–1.47 · 52w 0.93–4.92 · market cap $123M · NYQ

## Key facts
- Last four reported quarters (through Jun 27, 2026): revenue $3.15B, net income -$518M (-16.4% margin), free cash flow -$151M (SEC filings).
- 1 of 80 tracked superinvestors hold JELD (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 3 Form 4 filings, $38K; 3 not under a Rule 10b5-1 plan ($38K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 3.00 on a 1–5 scale) (3 analysts), mean target USD 1.93 (range 1.8–2).
- Total return with dividends: 1Y -70.2% vs S&P 500 +14.9%; 5Y -94.7% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD 0.05, revenue estimate $806M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $4.18B | $4.54B | $4.30B | $3.78B | $3.21B | $3.15B |
| Gross profit | $823M | $786M | $833M | $689M | $514M | — |
| Operating income | $216M | $59.3M | $142M | -$126M | -$416M | -$277M |
| Net income | $169M | $45.7M | $62.4M | -$189M | -$621M | -$518M |
| EPS (diluted) | $1.72 | $0.53 | $0.73 | -$2.22 | -$7.29 | — |
| Free cash flow | $92.1M | -$52.9M | $247M | -$55.7M | -$125M | -$151M |
| Gross margin | 19.7% | 17.3% | 19.3% | 18.2% | 16.0% | — |
| Operating margin | 5.2% | 1.3% | 3.3% | -3.3% | -13.0% | -8.8% |
| Net margin | 4.0% | 1.0% | 1.5% | -5.0% | -19.3% | -16.4% |
| Revenue growth | -1.3% | +8.7% | -5.3% | -12.3% | -14.9% | — |
| Cash + short-term investments | $396M | $164M | $288M | $150M | $136M | — |
| Total debt | $1.72B | $1.76B | $0K | $0K | $1.18B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 27, 2026)
P/S 0.0x · EV/Sales 0.4x · FCF yield -122.37% · Earnings yield -420.38% · Net debt $1.19B · EV $1.32B
P/E at fiscal year-ends: Dec 2023 26.0x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold JELD. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Bill Miller | Miller Value Partners | 2.53% | $10.7M | Added +7.8% |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-07-02 | Stoddard Samantha | EVP & CFO | 1,208 | $2K | 0.5% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-26 | Livingston Wendy A. | EVP & CHRO | 2,435 | $4K | 1.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-11 | Taten Bruce M. | Director | 19,483 | $32K | 18.1% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Hold (mean 3.00 on a 1–5 scale), 3 analysts; mean target USD 1.93 (low 1.8, high 2).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-05 | UBS | Target raised | Neutral | $1.6 → $1.8 |
| 2026-08-05 | Barclays | Target raised | Equal-Weight | $1.5 → $2 |
| 2026-07-14 | Barclays | Target lowered | Equal-Weight | $2.5 → $1.5 |
| 2026-07-10 | Goldman Sachs | Target lowered | Neutral | $1.75 → $1.5 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -70.2% | -94.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -70.3% | -44.4% |
| Volatility (annualized) | 107.0% | 73.7% |
| Max drawdown | -80.3% (Oct 2025→Apr 2026) | -96.2% (Oct 2021→Apr 2026) |

## Peers (Building Products & Equipment)
LMB (Limbach Holdings, Inc.) USD 47.55 -1.63% · JBI (Janus International Group, Inc.) USD 4.52 +5.85% · SWIM (Latham Group, Inc.) USD 6.54 +3.65% · NPKI (NPK International Inc.) USD 10.76 -2.98% · APOG (Apogee Enterprises, Inc.) USD 44.29 +1.40% · NX (Quanex Building Products Corpor) USD 20.65 +3.56%

## More
Full page: https://nexqual.com/JELD · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in JELD's own 10-K filed 2026-02-23 (https://www.sec.gov/Archives/edgar/data/1674335/000167433526000043/jeld-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Home Depot (HD) | "Our home center customers include, among others, The Home Depot and Lowe's Companies in North America, and B&Q, Howdens, and Bauhaus in Europe." |
| Customer | Lowe's (LOW) | "Our home center customers include, among others, The Home Depot and Lowe's Companies in North America, and B&Q, Howdens, and Bauhaus in Europe." |
| Customer | Salesforce (CRM) | "For example, we are continuing to invest in and utilize Salesforce in North America and Europe to enhance our customer relationships and support." |
| Competitor | Corning (GLW) | "For North American interior doors, our major competitors include Masonite (a division of Owens Corning), Steves & Sons, Inc. and several smaller independent door manufacturers." |

## Revenue by business segment (quarter ended 2026-06-27)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| North America | $528.5M | 64.6% | -4.9% |
| Europe | $289.3M | 35.4% | +7.9% |
| Total revenue | $817.8M | 100% | — |

## Revenue by region (fiscal year ended 2025-12-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| United States | $1.95B | 60.8% | -21.1% |
| Europe | $1.05B | 32.8% | -1.0% |
| Canada | $188.8M | 5.9% | -13.2% |
| South America | $12.5M | 0.4% | -25.5% |
| Africa | $2.1M | 0.1% | +7.6% |
| Total revenue | $3.21B | 100% | — |

## Customer concentration

Period ended 2025-12-31: 17%, 13% of revenue from unnamed direct customers (10-K, filed 2026-02-23).

## Company outlook (8-K filed 2026-08-03)

- "We are raising the mid-point of our full-year Adjusted EBITDA guidance and remain focused on executing consistently to further strengthen performance and generate cash in the second half." Second Quarter 2026 Results Net revenues decreased ($5.9) million, or (0.7%), to $817.8 million in the three months ended June 27, 2026, from $823.7 million in the three months ended June 28, 2025."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.05 | $0.01 | +445.4% | $806.4M | 4 |
| Next quarter (ends 2026-12-31) | $-0.15 | $-0.13 | +18.6% | $800.0M | 4 |
| Current fiscal year (ends 2026-12-31) | $-0.72 | $-0.69 | +4.0% | $3.15B | 4 |
| Next fiscal year (ends 2027-12-31) | $-0.26 | $-0.27 | -3.2% | $3.22B | 4 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-03): ±24.0%; last 8 reports averaged ±24.8%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 304.4% | ±24.0% |
| 2026-12-18 | 56 | 147.8% | ±38.7% |
| 2027-01-15 | 84 | 182.9% | ±83.9% |
| 2027-04-16 | 175 | 102.5% | ±36.0% |