JELD | Market Cap: $100.8M (07/13/26)
Industry:
Capital Goods

DESCRIPTION

JELD-WEN designs, manufactures, and distributes interior and exterior doors and windows for residential construction and renovation across North America and Europe. Doors are the core product at roughly 68% of revenue, led by molded interior doors — composite-skin products that are the standard for residential interiors in North America, France, and the UK — as well as fiberglass and steel exterior doors and high-performance commercial doors in Europe. Windows account for roughly 19% of revenue, spanning wood and vinyl residential products across price points, plus specialty offerings like hurricane-impact windows and folding patio door systems. The remaining revenue comes from ancillary products including glass, hardware, and molded door skins sold to third parties. JELD-WEN sells through wholesale distributors, retail home centers, dealers, and directly to contractors; Home Depot and Lowe's together represent roughly 30% of consolidated revenue. The company operates two segments: North America (~65% of revenue) and Europe (~35%), where JELD-WEN is currently conducting a strategic review that could result in a divestiture. Profitability is driven primarily by volume, which is highly cyclical and tied to housing starts and renovation activity, and is heavily exposed to operating leverage given significant fixed manufacturing costs. JELD-WEN is executing a multi-year turnaround focused on rebuilding customer service after operational disruptions, consolidating an oversized manufacturing footprint across its 76 facilities, and investing in automation to reduce labor costs.

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