---
schema_version: "secwatch.filing_event.v1"
accession: "0001674335-23-000031"
form_type: "8-K"
ticker: "JELD"
cik: "0001674335"
company_name: "JELD-WEN Holding, Inc."
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T07:04:52.063617+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# JELD-WEN Q4 net income $33.6M; full-year adj. EBITDA $422.2M; 2023 guidance $360-400M

## Summary
- Q4 net revenue $1,331.4M (+3.5% YoY); core revenue +9% on +12% price, -3% volume/mix.
- Q4 net income $33.6M ($0.40 EPS) vs $42.1M ($0.45 EPS) prior year; adjusted EPS $0.47 vs $0.53.
- Q4 adjusted EBITDA $99.6M (7.5% margin) vs $120.1M (9.3% margin) prior year, down 180 bps.
- Full year 2022 net revenue $5,129.2M (+7.5%); net income $45.7M includes $100.8M goodwill impairment and other charges.
- 2023 guidance: net revenue $4.5B-$4.9B; adjusted EBITDA $360M-$400M, implying decline from $422.2M in 2022.

## SEC filing metadata
- accession: 0001674335-23-000031
- form_type: 8-K
- ticker: JELD
- cik: 0001674335
- company_name: JELD-WEN Holding, Inc.
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674335/000167433523000031/0001674335-23-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674335/000167433523000031/jeld-20230221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001674335-23-000031
- JSON: https://secwatch.observer/filing/0001674335-23-000031.json
- Plain text: https://secwatch.observer/filing/0001674335-23-000031.txt

## Key facts
- Earnings Releases
  JELD-WEN Holding, Inc. reported 2023 results: revenue $4.5 billion to $4.9 billion. Guidance initiated.
  - Period: 2023
  - Revenue: $4.5 billion to $4.9 billion
  - Guidance: initiated
  - Result: guidance update
  source text: 2023 Full-Year Guidance • Net revenue of $4.5 billion to $4.9 billion • Adjusted EBITDA in a range of $360 million to $400 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674335/000167433523000031/0001674335-23-000031-index.htm
- Earnings Releases
  JELD-WEN Holding, Inc. reported the full year ended December 31, 2022 results: revenue $5,129.2 million, net income $45.7 million or $0.53 per share, EPS $0.53 per share.
  - Period: the full year ended December 31, 2022
  - Revenue: $5,129.2 million
  - Net income: $45.7 million or $0.53 per share
  - EPS: $0.53 per share
  - Result: reported results
  source text: to $120.1 million during the same quarter a year ago. Adjusted EBITDA margins contracted by 180 basis points year-over-year to 7.5%. Full Year Highlights • Net revenue of $5,129.2 million increased 7.5% driven by 12% Core Revenue growth. Core Revenue growth included (+13%) price realization mostly related to significant cost inflation, slightly offset by a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674335/000167433523000031/0001674335-23-000031-index.htm
- Earnings Releases
  JELD-WEN Holding, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $1,331.4 million, net income $33.6 million or $0.40 per share, EPS $0.40 per share.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $1,331.4 million
  - Net income: $33.6 million or $0.40 per share
  - EPS: $0.40 per share
  - Result: reported results
  source text: for the quarter and year ended December 31, 2022. Comparability is to the same period in the prior year, unless otherwise noted. Fourth Quarter Highlights • Net revenue of $1,331.4 million increased 3.5% in the fourth quarter driven by 9% Core Revenue growth. Core Revenue growth included (+12%) price realization driven by continuing cost inflation and (-3%) lower
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674335/000167433523000031/0001674335-23-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.