Saturday 17 October 2026 Export WFG’s income statement to Excel — free account

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. In the quarter to June 2026, revenue fell 6.40%, EPS fell 160.0%, free cash flow fell 29.0% and total debt rose 18.3%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

65.62 0.09 +0.14%

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Market cap: $5.1B
P/E: 0.0×
Fwd P/E: −19.6×
Dividend yield: 1.95%
F-score: 4/9
Altman Z: 2.62
Beneish M: −2.74
Dividend safety: 12/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 35.30%

Capital & Financial Ratios $m

Market Cap 5,130.00

Revenue 5,239.00

Net Income (1,204.00)

Free Cash Flow (460.00)

Net Debt 281.00

Current Ratio 2.06

Debt/Equity 0.06

P/E ratio 0.00

Fwd P/E (19.60)

P/S ratio 0.98

P/B ratio 0.92

Past 5Y EPS Growth —

This Y EPS Growth 65.74%

Next Y EPS Growth 120.54%

Next Y revenue growth (28.56%)

Next 5Y EPS Growth 154.01%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 50.49%

10-year low 10-year high

P/B against its own 10 years 41.07%

10-year low 10-year high

EV/Sales against its own 10 years 74.72%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 1.28

Annual Dividend Yield 1.95%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.96	0.32 0.32 0.32
2025	0.93	0.32 0.32 0.32 0.32
2024	1.26	0.30 0.32 0.32 0.32
2023	1.20	0.30 0.30 0.30 0.30
2022	1.15	0.25 0.30 0.30 0.30
2021	1.12	0.32 0.20 0.20 0.20 0.20
2020	0.60	0.15 0.15 0.15 0.16
2019	0.76	0.15 0.15 0.15 0.15 0.15
2018	0.73	0.11 0.11 0.15 0.15 0.20
2017	0.28	0.05 0.05 0.09 0.09
2016	0.21	0.05 0.05 0.05 0.05

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	900	641	202	74
Receivables	404	316	323	412
Inventory	851	844	828	793
Other	—	—	—	—
	2,377	1,837	1,387	1,330

	2023	2024	2025	Q'26
Payables	620	604	584	530
ST’ Debt	300	200	—	55
Other	60	55	52	52
	1,050	934	651	646

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%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,334	1,434	—	—	—
’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	—	—	—
’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	—	—	—
’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.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(2.40)	(0.78)	—	—	—
’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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	27.22	33.00	46.87	33.28	15.00	58.99	68.75	64.11	73.91	57.34	Analyst estimates 2026–2028 Powerpack
	High	41.35	65.40	75.05	60.77	67.34	97.59	102.96	91.44	102.40	93.03
People
People	Employees	—	—	8,570	8,200	8,115	11,000	11,000	10,800	9,700	9,600
	Revenue/emp, $m	0.00	0.00	0.52	0.46	0.54	0.96	0.88	0.60	0.64	0.57
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
	Gross margin, %	14.29	22.34	24.80	5.29	29.38	47.79	37.07	13.56	16.62	9.37
	EBT	329	677	788	(168)	790	3,898	2,593	(228)	38	(1,171)
	EBT margin, %	9.98	16.48	17.52	(4.49)	18.07	37.06	26.73	(3.53)	0.62	(21.44)
	Net income	241	0	0	0	588	2,947	1,975	(167)	(5)	(937)
	Depreciation	146	168	189	199	203	584	589	541	549	544
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
	Earnings	3.01	6.10	8.00	(1.68)	8.44	27.03	21.06	(2.01)	(0.06)	(11.87)
	Cash flow	6.17	9.02	8.71	0.80	14.10	32.58	23.54	6.31	8.17	1.22
	Capex	0.00	0.00	0.00	0.00	(2.62)	(5.82)	(5.09)	(5.73)	(6.02)	(5.20)
	Free cash flow	6.17	9.02	8.71	0.80	11.47	26.76	18.45	0.58	2.15	(3.99)
	Book value	20.75	27.96	28.78	27.58	36.08	70.23	81.26	86.82	86.00	74.06
	Shares, m	80	78	74	69	69	109	94	83	81	79
Valuation, ×
Valuation, ×	P/E	11.81	6.85	2.87	0.00	7.51	3.58	3.79	0.00	0.00	0.00
	P/S	0.00	0.00	0.00	0.00	1.01	0.99	0.71	1.09	1.13	0.88
	P/B	0.00	0.00	0.00	0.00	1.78	1.36	0.91	0.97	1.01	0.83
	EV/Sales	0.00	0.00	0.00	0.00	1.02	0.92	0.68	1.03	1.09	0.94
	EV/FCF	0.00	0.00	0.00	0.00	5.59	3.33	3.82	138.18	38.84	(16.27)
Cash, $m
Cash, $m	Operating cash flow	493	703	645	55	968	3,552	2,207	525	661	96
	Capex	(202)	(269)	(272)	(315)	(180)	(635)	(477)	(477)	(487)	(411)
	Free cash flow	493	703	645	55	788	2,917	1,730	48	174	(315)
Balance, $m
Balance, $m	Working capital	355	566	551	238	808	2,011	1,957	1,327	903	736
	Total debt	306	509	554	804	507	510	510	499	200	300
	Net debt	269	302	436	792	46	(1,058)	(652)	(401)	(441)	98
	Shareholders’ equity	1,660	2,181	2,129	1,903	2,478	7,656	7,619	7,223	6,954	5,849
Returns, %
Returns, %	ROA	7.69	35.76	0.00	0.00	17.18	40.34	19.36	(1.72)	(0.06)	(11.44)
	ROIC	0.00	0.00	0.00	0.00	20.58	37.37	22.96	(2.61)	0.07	(12.47)
	ROE	12.57	24.83	27.64	(5.72)	26.84	58.16	25.86	(2.25)	(0.07)	(14.64)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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.	$7.2B	19.2×	20.4×	+6.34% (above 0%: growing)	+25.00% (above 0%: growing)	+132.21% (above 0%: growing)	47.42%	25.20%	Compare
WFG West Fraser Timber Co. Ltd.	$5.1B	— (loss-making)	— (loss-making)	−6.40% (below 0%: shrinking)	n/m	−28.99% (below 0%: shrinking)	11.58%	(5.16%)
UFPI UFP Industries, Inc.	$4.3B	17.9×	17.6×	+2.59% (above 0%: growing)	−12.94% (below 0%: shrinking)	−18.99% (below 0%: shrinking)	15.41%	5.49%	Compare
BCC Boise Cascade, L.L.C.	$2.6B	25.8×	18.9×	+5.24% (above 0%: growing)	−0.61% (below 0%: shrinking)	+151.57% (above 0%: growing)	17.90%	4.59%	Compare
JCTC Jewett-Cameron Trading Company	$10.3M	— (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	$3.8M	—	—	—	n/m	—	20.56%	0.00%	Compare
Median of peers	$2.6B	19.2×	19.1×	+3.92%	−0.61%	+141.89%	18.01%	4.59%

All 6 Lumber & Wood Production stocks →

West Fraser Timber Co. Ltd. (WFG) key facts

Concern: West Fraser Timber Co. Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, down 11.5% from fiscal 2024.
West Fraser Timber Co. Ltd. (WFG) is a Lumber & Wood Production company in the Basic Materials sector, listed on the New York Stock Exchange.
As of October 16, 2026, WFG traded at $65.62, a market capitalization of $5.1 billion.
West Fraser Timber Co. Ltd. pays an annual dividend of $1.28 per share, a yield of 1.95%.
Return on equity was −14.6% and debt-to-equity 0.06.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 2.62 (grey zone) for fiscal 2025.