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West Fraser Timber (WFG) Financials

West Fraser Timber logo
$74.57 -0.82 (-1.09%)
As of 04/14/2025 03:58 PM Eastern
Annual Income Statements for West Fraser Timber

Annual Income Statements for West Fraser Timber

This table shows West Fraser Timber's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
227 3,939 3,016 -167 -4.00
Consolidated Net Income / (Loss)
588 2,947 1,975 -167 -5.00
Net Income / (Loss) Continuing Operations
227 3,939 3,016 -167 -4.00
Total Pre-Tax Income
790 3,898 2,593 -228 39
Total Operating Income
831 4,937 3,600 -284 39
Total Gross Profit
831 5,873 4,559 893 974
Total Revenue
4,373 10,518 9,701 6,497 6,136
Operating Revenue
4,373 10,518 9,701 6,497 6,136
Total Cost of Revenue
2,559 4,645 5,142 5,604 5,162
Operating Cost of Revenue
3,542 - - 5,604 5,162
Total Operating Expenses
388 936 959 1,122 935
Selling, General & Admin Expense
185 312 365 307 282
Amortization Expense
203 584 589 541 549
Other Operating Expenses / (Income)
- 40 5.00 -5.00 2.00
Impairment Charge
- - - 279 102
Total Other Income / (Expense), net
-27 -47 34 0.00 0.00
Income Tax Expense
202 951 618 -61 43

Quarterly Income Statements for West Fraser Timber

No quarterly income statements for West Fraser Timber are available.


Annual Cash Flow Statements for West Fraser Timber

This table details how cash moves in and out of West Fraser Timber's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
449 2,799 -378 -213 65
Net Cash From Operating Activities
968 5,164 2,207 131 320
Net Cash From Continuing Operating Activities
923 5,164 1,739 131 320
Net Income / (Loss) Continuing Operations
588 2,947 1,975 -167 -5.00
Consolidated Net Income / (Loss)
588 2,947 1,975 -167 -5.00
Amortization Expense
27 584 3.00 541 549
Non-Cash Adjustments To Reconcile Net Income
206 526 -403 115 -32
Changes in Operating Assets and Liabilities, net
102 1,107 164 -358 -192
Net Cash From Investing Activities
-166 -302 -459 -100 0.00
Net Cash From Continuing Investing Activities
-166 -302 -459 -100 0.00
Acquisitions
0.00 -302 - -100 0.00
Net Cash From Financing Activities
-353 -2,063 -2,126 -244 -255
Net Cash From Continuing Financing Activities
-353 -2,063 -2,126 -244 -255
Repayment of Debt
-280 -676 -14 -15 -15
Repurchase of Common Equity
0.00 -1,319 -1,990 -129 -140
Payment of Dividends
-41 -75 -99 -100 -101
Issuance of Common Equity
0.00 7.00 - 0.00 1.00

Quarterly Cash Flow Statements for West Fraser Timber

No quarterly cash flow statements for West Fraser Timber are available.


Annual Balance Sheets for West Fraser Timber

This table presents West Fraser Timber's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Total Assets
3,594 4,178 10,433 9,973 9,415 8,760
Total Current Assets
883 1,336 3,217 2,749 2,195 1,837
Cash & Equivalents
12 461 1,568 1,162 900 641
Accounts Receivable
199 277 508 350 311 294
Inventories, net
561 578 1,061 1,032 851 844
Prepaid Expenses
7.00 12 38 60 40 36
Current Deferred & Refundable Income Taxes
104 8.00 42 145 93 22
Plant, Property, & Equipment, net
0.00 1,657 4,100 3,982 0.00 3,842
Total Noncurrent Assets
2,699 44 66 179 7,220 136
Noncurrent Deferred & Refundable Income Taxes
8.00 9.00 8.00 4.00 6.00 7.00
Other Noncurrent Operating Assets
2,097 35 58 175 4,725 129
Total Liabilities & Shareholders' Equity
3,594 4,178 10,433 9,973 9,415 8,760
Total Liabilities
1,689 1,700 2,777 2,354 2,193 1,807
Total Current Liabilities
644 528 1,206 792 1,050 934
Short-Term Debt
288 7.00 0.00 0.00 - 200
Accounts Payable
- 389 848 722 - 604
Current Deferred & Payable Income Tax Liabilities
0.00 98 312 12 7.00 75
Total Noncurrent Liabilities
1,084 1,172 1,571 1,562 1,565 873
Long-Term Debt
507 500 499 499 499 0.00
Noncurrent Deferred & Payable Income Tax Liabilities
195 264 712 795 683 609
Other Noncurrent Operating Liabilities
350 408 360 268 260 264
Total Equity & Noncontrolling Interests
1,905 2,478 7,656 7,619 7,223 6,954
Total Preferred & Common Equity
1,905 2,478 7,656 7,619 7,223 6,954
Total Common Equity
1,905 2,478 7,656 7,619 7,223 6,954
Common Stock
480 481 3,402 2,667 2,607 2,549
Retained Earnings
1,697 2,237 4,503 5,284 4,913 4,726
Accumulated Other Comprehensive Income / (Loss)
-272 -240 -249 -332 -297 -321

Quarterly Balance Sheets for West Fraser Timber

No quarterly balance sheets for West Fraser Timber are available.


Annual Metrics and Ratios for West Fraser Timber

This table displays calculated financial ratios and metrics derived from West Fraser Timber's official financial filings.

Metric 2020 2021 2022 2023 2024
Growth Metrics
- - - - -
Revenue Growth
0.00% 140.52% -7.77% -33.03% -5.56%
EBITDA Growth
0.00% 553.91% -34.05% -92.94% 128.79%
EBIT Growth
0.00% 504.04% -26.30% -107.81% 113.73%
NOPAT Growth
0.00% 503.46% -26.54% -107.25% 97.99%
Net Income Growth
0.00% 401.19% -32.98% -108.46% 97.01%
EPS Growth
0.00% 215.77% -22.83% -109.64% 0.00%
Operating Cash Flow Growth
0.00% 433.47% -57.26% -94.06% 144.27%
Free Cash Flow Firm Growth
0.00% 0.00% 51.55% -224.30% 204.28%
Invested Capital Growth
0.00% 152.86% 10.27% 69.65% -45.96%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - -
Gross Margin
19.00% 55.84% 47.00% 13.74% 15.87%
EBITDA Margin
19.30% 52.47% 37.52% 3.96% 9.58%
Operating Margin
19.00% 46.94% 37.11% -4.37% 0.64%
EBIT Margin
18.68% 46.92% 37.49% -4.37% 0.64%
Profit (Net Income) Margin
13.45% 28.02% 20.36% -2.57% -0.08%
Tax Burden Percent
74.43% 75.60% 76.17% 73.25% -12.82%
Interest Burden Percent
96.70% 78.99% 71.30% 80.28% 100.00%
Effective Tax Rate
25.57% 24.40% 23.83% 0.00% 110.26%
Return on Invested Capital (ROIC)
43.65% 149.30% 72.79% -3.73% -0.08%
ROIC Less NNEP Spread (ROIC-NNEP)
46.53% 179.90% 92.61% -5.25% -0.03%
Return on Net Nonoperating Assets (RNNOA)
-19.92% -91.14% -46.93% 1.48% 0.01%
Return on Equity (ROE)
23.73% 58.16% 25.86% -2.25% -0.07%
Cash Return on Invested Capital (CROIC)
0.00% 62.66% 63.02% -55.39% 59.60%
Operating Return on Assets (OROA)
21.02% 67.55% 35.65% -2.93% 0.43%
Return on Assets (ROA)
15.13% 40.34% 19.36% -1.72% -0.06%
Return on Common Equity (ROCE)
23.73% 58.16% 25.86% -2.25% -0.07%
Return on Equity Simple (ROE_SIMPLE)
23.73% 38.49% 25.92% -2.31% -0.07%
Net Operating Profit after Tax (NOPAT)
619 3,733 2,742 -199 -4.00
NOPAT Margin
14.14% 35.49% 28.27% -3.06% -0.07%
Net Nonoperating Expense Percent (NNEP)
-2.88% -30.60% -19.82% 1.52% -0.05%
Return On Investment Capital (ROIC_SIMPLE)
- - - -2.57% -0.06%
Cost of Revenue to Revenue
58.52% 44.16% 53.00% 86.26% 84.13%
SG&A Expenses to Revenue
4.23% 2.97% 3.76% 4.73% 4.60%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
8.87% 8.90% 9.89% 17.27% 15.24%
Earnings before Interest and Taxes (EBIT)
817 4,935 3,637 -284 39
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
844 5,519 3,640 257 588
Valuation Ratios
- - - - -
Price to Book Value (P/BV)
1.67 1.28 0.78 0.98 1.04
Price to Tangible Book Value (P/TBV)
1.67 1.28 0.78 1.43 1.04
Price to Revenue (P/Rev)
0.94 0.93 0.61 1.08 1.18
Price to Earnings (P/E)
18.18 2.49 1.97 0.00 0.00
Dividend Yield
0.00% 0.76% 1.62% 1.42% 1.46%
Earnings Yield
5.50% 40.19% 50.72% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
2.94 2.44 1.34 0.99 1.87
Enterprise Value to Revenue (EV/Rev)
0.95 0.83 0.54 1.02 1.11
Enterprise Value to EBITDA (EV/EBITDA)
4.94 1.58 1.45 25.85 11.55
Enterprise Value to EBIT (EV/EBIT)
5.11 1.77 1.45 0.00 174.12
Enterprise Value to NOPAT (EV/NOPAT)
6.75 2.34 1.93 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
4.31 1.69 2.39 50.72 21.22
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 5.57 2.23 0.00 2.21
Leverage & Solvency
- - - - -
Debt to Equity
0.20 0.07 0.07 0.07 0.03
Long-Term Debt to Equity
0.20 0.07 0.07 0.07 0.00
Financial Leverage
-0.43 -0.51 -0.51 -0.28 -0.27
Leverage Ratio
1.77 1.44 1.34 1.31 1.28
Compound Leverage Factor
1.71 1.14 0.95 1.05 1.28
Debt to Total Capital
16.98% 6.12% 6.15% 6.46% 2.80%
Short-Term Debt to Total Capital
0.23% 0.00% 0.00% 0.00% 2.80%
Long-Term Debt to Total Capital
16.75% 6.12% 6.15% 6.46% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
83.02% 93.88% 93.85% 93.54% 97.20%
Debt to EBITDA
0.60 0.09 0.14 1.94 0.34
Net Debt to EBITDA
0.05 -0.19 -0.18 -1.56 -0.75
Long-Term Debt to EBITDA
0.59 0.09 0.14 1.94 0.00
Debt to NOPAT
0.82 0.13 0.18 -2.51 -50.00
Net Debt to NOPAT
0.07 -0.29 -0.24 2.02 110.25
Long-Term Debt to NOPAT
0.81 0.13 0.18 -2.51 0.00
Altman Z-Score
4.13 5.52 4.67 3.39 4.00
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - -
Current Ratio
2.53 2.67 3.47 2.09 1.97
Quick Ratio
1.40 1.72 1.91 1.15 1.00
Cash Flow Metrics
- - - - -
Free Cash Flow to Firm (FCFF)
0.00 1,567 2,374 -2,951 3,077
Operating Cash Flow to CapEx
537.78% 0.00% 462.68% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense
0.00 34.81 791.33 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 114.76 735.67 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 114.76 576.67 0.00 0.00
Efficiency Ratios
- - - - -
Asset Turnover
1.13 1.44 0.95 0.67 0.68
Accounts Receivable Turnover
18.37 26.80 22.61 19.66 20.28
Inventory Turnover
4.49 5.67 4.91 5.95 6.09
Fixed Asset Turnover
0.00 3.65 2.40 0.00 0.00
Accounts Payable Turnover
0.00 7.51 6.55 0.00 0.00
Days Sales Outstanding (DSO)
19.87 13.62 16.14 18.57 17.99
Days Inventory Outstanding (DIO)
81.23 64.40 74.28 61.32 59.93
Days Payable Outstanding (DPO)
0.00 48.60 55.72 0.00 0.00
Cash Conversion Cycle (CCC)
101.10 29.42 34.70 79.89 77.92
Capital & Investment Metrics
- - - - -
Invested Capital
1,417 3,583 3,951 6,703 3,622
Invested Capital Turnover
3.09 4.21 2.58 1.22 1.19
Increase / (Decrease) in Invested Capital
0.00 2,166 368 2,752 -3,081
Enterprise Value (EV)
4,172 8,731 5,283 6,645 6,791
Market Capitalization
4,126 9,800 5,946 7,046 7,232
Book Value per Share
$0.00 $0.00 $0.00 $0.00 $0.00
Tangible Book Value per Share
$0.00 $0.00 $0.00 $0.00 $0.00
Total Capital
2,985 8,155 8,118 7,722 7,154
Total Debt
507 499 499 499 200
Total Long-Term Debt
500 499 499 499 0.00
Net Debt
46 -1,069 -663 -401 -441
Capital Expenditures (CapEx)
180 0.00 477 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)
354 443 795 245 462
Debt-free Net Working Capital (DFNWC)
815 2,011 1,957 1,145 1,103
Net Working Capital (NWC)
808 2,011 1,957 1,145 903
Net Nonoperating Expense (NNE)
31 786 767 -32 1.00
Net Nonoperating Obligations (NNO)
-1,061 -4,073 -3,668 -520 -3,332
Total Depreciation and Amortization (D&A)
27 584 3.00 541 549
Debt-free, Cash-free Net Working Capital to Revenue
8.10% 4.21% 8.20% 3.77% 7.53%
Debt-free Net Working Capital to Revenue
18.64% 19.12% 20.17% 17.62% 17.98%
Net Working Capital to Revenue
18.48% 19.12% 20.17% 17.62% 14.72%
Earnings Adjustments
- - - - -
Adjusted Basic Earnings per Share
$0.00 $27.03 $21.06 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 0.00 0.00 0.00
Adjusted Diluted Earnings per Share
$0.00 $27.03 $20.86 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 0.00 0.00 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 0.00 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)
619 3,733 2,742 -3.50 99
Normalized NOPAT Margin
14.14% 35.49% 28.27% -0.05% 1.61%
Pre Tax Income Margin
18.07% 37.06% 26.73% -3.51% 0.64%
Debt Service Ratios
- - - - -
EBIT to Interest Expense
0.00 109.67 1,212.33 0.00 0.00
NOPAT to Interest Expense
0.00 82.94 914.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 109.67 1,053.33 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 82.94 755.00 0.00 0.00
Payout Ratios
- - - - -
Dividend Payout Ratio
6.97% 2.55% 5.01% -59.88% -2,020.00%
Augmented Payout Ratio
6.97% 47.30% 105.77% -137.13% -4,820.00%

Quarterly Metrics and Ratios for West Fraser Timber

No quarterly metrics and ratios for West Fraser Timber are available.


Frequently Asked Questions About West Fraser Timber's Financials

When does West Fraser Timber's financial year end?

According to the most recent income statement we have on file, West Fraser Timber's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has West Fraser Timber's net income changed over the last 4 years?

West Fraser Timber's net income appears to be on a downward trend, with a most recent value of -$5 million in 2024, falling from $588 million in 2020. The previous period was -$167 million in 2023.

What is West Fraser Timber's operating income?
West Fraser Timber's total operating income in 2024 was $39 million, based on the following breakdown:
  • Total Gross Profit: $974 million
  • Total Operating Expenses: $935 million
How has West Fraser Timber revenue changed over the last 4 years?

Over the last 4 years, West Fraser Timber's total revenue changed from $4.37 billion in 2020 to $6.14 billion in 2024, a change of 40.3%.

How much debt does West Fraser Timber have?

West Fraser Timber's total liabilities were at $1.81 billion at the end of 2024, a 17.6% decrease from 2023, and a 7.0% increase since 2019.

How much cash does West Fraser Timber have?

In the past 5 years, West Fraser Timber's cash and equivalents has ranged from $12 million in 2019 to $1.57 billion in 2021, and is currently $641 million as of their latest financial filing in 2024.

How has West Fraser Timber's book value per share changed over the last 4 years?

Over the last 4 years, West Fraser Timber's book value per share changed from 0.00 in 2020 to 0.00 in 2024, a change of 0.0%.

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This page (NYSE:WFG) was last updated on 4/15/2025 by MarketBeat.com Staff
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