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Line chart of LBM dealers agreeing inventory turns are decreasing, Q1 to Q3 2025: one-step distributors fell from 41% to 16% while lumberyards held 34% to 38%.

LBM Dealer Sentiment: Shifts in Inventory Turns from Q1 to Q3 2025

Principia’s ongoing monthly survey has been monitoring how lumberyards and traditional one-step distributors perceive changes in their inventory turns throughout 2025. Respondents were asked to indicate their level of agreement with the statement: inventory turns, on the whole, are decreasing.