West Fraser Timber Co. Ltd.

WFG Basic Materials Lumber & Wood Production

West Fraser Timber Co. Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, down 11.5% from fiscal 2024.

Revenue
+4.28%
EPS
+60.6%
Free cash flow
+157.6%
Total debt
+66.7%

Quarter to September 2026, against a year earlier

69.13 0.61 −0.87%
Market cap
$5.4B
P/E
0.0×
Fwd P/E
−12.9×
Dividend yield
1.85%
F-score
4/9
Altman Z
2.62
Beneish M
−2.74
Dividend safety
12/100

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 35.28%

Capital & Financial Ratios $m

Size
Market Cap 5,420.00
Revenue ttm 5,295.00
Net income ttm (1,080.00)
Free cash flow ttm (408.00)
Net debt Q 297.00
Valuation
P/E 0.00
Forward P/E (12.90) (negative: loss-making)
Price / sales 1.02
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.99
Financial health
Current ratio Q 2.29 (at or above 1.5: strong)
Debt / equity Q 0.09 (at or below 0.5: strong)
Interest coverage Q (10.00)
Growth
Revenue growth Q +4.28% (above 0%: growing)
Operating income growth Q +67.27% (above 0%: growing)
EPS, this year +58.13% (at or above 15%: strong)
EPS, next year A +86.92% (at or above 15%: strong)
Revenue, next year A −28.45% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +154.01% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 68.56%
10-year low 10-year high
P/B against its own 10 years 55.60%
10-year low 10-year high
EV/Sales against its own 10 years 85.13%
10-year low 10-year high

Dividends

Yield
1.85%
Annual rate
1.28
Payout ratio
—
Growth, 2018–26
+3.50%/yr
  1. 0.73 ’18
  2. 0.76 ’19 +4
  3. 0.60 ’20 −20
  4. 1.12 ’21 +85
  5. 1.15 ’22 +3
  6. 1.20 ’23 +4
  7. 1.26 ’24 +5
  8. 1.28 ’25 +2
  9. 0.96 ’26 −25
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 900 641 202 203
Receivables 404 316 323 434
Inventory 851 844 828 780
Other — — — —
2,377 1,837 1,387 1,463
2023 2024 2025 Q'26
Payables 620 604 584 583
ST’ Debt 300 200 — —
Other 60 55 52 50
1,050 934 651 639

Compound Annual Growth %

10y 5y 3y
Sales — 4.55% (17.43%)
Cash Flow — (37.01%) (64.83%)
Earnings — 0.00% 0.00%
Book Value — 18.74% (8.44%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (2.40) (0.78) (1.02) — —
’25 0.46 (0.30) (2.63) (9.63) (12.08)
’24 0.42 1.20 (1.03) (0.80) (0.07)
’23 (0.52) (1.57) 1.81 (1.87) (2.01)
’22 10.25 7.59 2.50 (1.13) 20.86
’21 6.96 12.32 4.20 3.13 27.03
’20 0.13 0.51 3.80 4.10 8.44
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 1,334 1,434 1,363 — —
’25 1,459 1,532 1,307 1,164 5,462
’24 1,627 1,705 1,437 1,405 6,174
’23 1,627 1,608 1,705 1,514 6,454
’22 3,110 2,887 2,088 1,616 9,701
’21 2,343 3,779 2,358 2,038 10,518
’20 890 921 1,268 1,296 4,373
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (170) 192 72 — —
’25 (75) 285 58 (172) 96
’24 (41) 379 150 173 661
’23 (198) 271 356 96 525
’22 563 1,064 433 147 2,207
’21 462 1,886 914 290 3,552
’20 (91) 318 465 275 968
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (264) 147 19 — —
’25 (179) 207 (33) (310) (315)
’24 (163) 277 43 17 174
’23 (297) 165 241 (61) 48
’22 470 976 286 (2) 1,730
’21 400 1,820 808 (111) 2,917
’20 (136) 279 423 231 788
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 3,296 4,107 4,499 3,752 4,373 10,518 9,701 6,454 6,174 5,462 5,295 +5.8% 3,908 4,237 4,559 (5.8%)
Gross margin, % 14.29 22.34 24.80 5.29 29.38 47.79 37.07 13.56 16.62 9.37 9.65 (4.9) pt
EBT 329 677 788 (168) 790 3,898 2,593 (228) 38 (1,171) (1,358) n/m
EBT margin, % 9.98 16.48 17.52 (4.49) 18.07 37.06 26.73 (3.53) 0.62 (21.44) (25.65) (31.4) pt
Net income 241 0 0 0 588 2,947 1,975 (167) (5) (937) (1,080) n/m
Per share, $
Per share, $ Revenue 41.20 52.66 60.79 54.37 63.68 96.48 103.47 77.57 76.36 69.16 67.62 +5.9%
Earnings 3.01 6.10 8.00 (1.68) 8.44 27.03 21.06 (2.01) (0.06) (11.87) (13.79) n/m
Cash flow 6.17 9.02 8.71 0.80 14.10 32.58 23.54 6.31 8.17 1.22 (1.00) (16.5%)
Capex 0.00 0.00 0.00 0.00 (2.62) (5.82) (5.09) (5.73) (6.02) (5.20) (4.21) n/m
Free cash flow 6.17 9.02 8.71 0.80 11.47 26.76 18.45 0.58 2.15 (3.99) (5.21) n/m
Book value 20.75 27.96 28.78 27.58 36.08 70.23 81.26 86.82 86.00 74.06 69.86 +15.2%
Shares, m 80 78 74 69 69 109 94 83 81 79 78 (0.1%)
Valuation, ×
Valuation, × P/E 11.81 6.85 2.87 0.00 7.51 3.58 3.79 0.00 0.00 0.00 0.00 3.6
P/S 0.00 0.00 0.00 0.00 1.01 0.99 0.71 1.09 1.13 0.88 1.02 0.6
P/B 0.00 0.00 0.00 0.00 1.78 1.36 0.91 0.97 1.01 0.83 0.99 0.7
EV/Sales 0.00 0.00 0.00 0.00 1.02 0.92 0.68 1.03 1.09 0.94 1.09 0.6
EV/FCF 0.00 0.00 0.00 0.00 5.59 3.33 3.82 138.18 38.84 (16.27) (14.13) 17.3
Cash, $m
Cash, $m Operating cash flow 493 703 645 55 968 3,552 2,207 525 661 96 (78) (16.6%)
Capex (202) (269) (272) (315) (180) (635) (477) (477) (487) (411) (330) +8.2%
Free cash flow 493 703 645 55 788 2,917 1,730 48 174 (315) (408) n/m
Balance, $m
Balance, $m Working capital 355 566 551 238 808 2,011 1,957 1,327 903 736 824 +8.4%
Net debt 269 302 436 792 46 (1,058) (652) (401) (441) 98 297 (10.6%)
Shareholders’ equity 1,660 2,181 2,129 1,903 2,478 7,656 7,619 7,223 6,954 5,849 5,470 +15.0%
Returns, %
Returns, % ROA 7.69 35.76 0.00 0.00 17.18 40.34 19.36 (1.72) (0.06) (11.44) (13.46) (19.1) pt
ROIC 0.00 0.00 0.00 0.00 20.58 37.37 22.96 (2.61) 0.07 (12.47) (14.15) (12.5) pt
ROE 12.57 24.83 27.64 (5.72) 26.84 58.16 25.86 (2.25) (0.07) (14.64) (17.86) (27.2) pt
People
People Employees — — 8,570 8,200 8,115 11,000 11,000 10,800 9,700 9,600 — +1.6%
Revenue/emp, $m 0.00 0.00 0.52 0.46 0.54 0.96 0.88 0.60 0.64 0.57 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

West Fraser Timber Co. Ltd. vs peers in Lumber & Wood Production (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SSD Simpson Manufacturing Company, Inc. $8.2B 21.5× 20.7× +2.34% (above 0%: growing) +3.75% (above 0%: growing) +132.21% (above 0%: growing) 45.69% 22.10% Compare
WFG West Fraser Timber Co. Ltd. $5.4B — (loss-making) — (loss-making) +4.28% (above 0%: growing) n/m +157.58% (above 0%: growing) 11.23% (6.60%)
UFPI UFP Industries, Inc. $4.6B 20.0× 19.5× +11.11% (above 0%: growing) −17.67% (below 0%: shrinking) −35.13% (below 0%: shrinking) 14.13% 4.05% Compare
BCC Boise Cascade, L.L.C. $2.6B 21.7× 20.5× +8.06% (above 0%: growing) +79.45% (above 0%: growing) +45.57% (above 0%: growing) 16.40% 3.10% Compare
JCTC Jewett-Cameron Trading Company $10.1M — (loss-making) 19.3× −21.84% (below 0%: shrinking) n/m +309.53% (above 0%: growing) 18.01% (7.80%) Compare
NWGL Nature Wood Group Limited Sponsored ADR $1.5M — — — n/m — 20.56% 0.00% Compare
Median of peers $2.6B 21.5× 20.0× +5.20% +3.75% +88.89% 18.01% 3.10%

All 6 Lumber & Wood Production stocks →

West Fraser Timber Co. Ltd. (WFG) Latest News

31 Oct

Impact 3 · · MarketBeat transcript

1 Aug

Impact 3 · · MarketBeat

6 Jun

2 May

Impact 4 · · MarketBeat

29 Apr

Impact 4 · · CNW Group
Impact 3 · · PR Newswire

27 Feb

13 Feb

Impact 3 · · MarketBeat transcript

11 Feb

Impact 3 · · CNW GroupInsider MonkeyInsider MonkeySimply Wall St.Insider MonkeyZacks

WFG metrics, ten years each

stockrow.com/WFG · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com