Financials · WFG

West Fraser Timber Co. Ltd (WFG) financials

For fiscal 2025 (ended Dec 31, 2025), West Fraser Timber Co. Ltd reported $5.46B of revenue and -$937.00M of net income.

Revenue, FY2025
$5.46B
Revenue growth, YoY
-11.5%
Net income, FY2025
-$937.00M
Net margin
-17.2%
Free cash flow, FY2025
-$315.00M
EPS, diluted, FY2025
-$12.08
Cash
$202.00M
Total debt
$300.00M
P/S
0.97
Market cap
$5.31B
Annual revenue$5.46B
FY2020FY2025
Annual net income-$937.00M
FY2020FY2025
Annual free cash flow-$315.00M
FY2020FY2025

WFG revenue and earnings growth

WFG revenueFY2025$5.46B

FY YoY
-11.5%
5Y CAGR
+4.5%

WFG revenue was $5.46B for fiscal 2025 (ended Dec 31, 2025), down 11.5% from fiscal 2024. Compound annual growth was +4.5% over 5 years. It rose in 1 of the last 5 fiscal years.

WFG net incomeFY2025-$937.00M

WFG net income was -$937.00M for fiscal 2025 (ended Dec 31, 2025), compared with -$5.00M in fiscal 2024.

WFG EPSFY2025-$12.08

WFG diluted EPS was -$12.08 for fiscal 2025 (ended Dec 31, 2025), compared with -$0.07 in fiscal 2024.

WFG free cash flowFY2025-$315.00M

WFG free cash flow was -$315.00M for fiscal 2025 (ended Dec 31, 2025), compared with $174.00M in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue$5.46B$6.17B$6.45B$9.70B$10.52B$4.37B
Cost of revenue$4.18B$4.33B$4.68B$5.14B$4.64B$2.56B
Gross profit$1.28B$1.84B$1.77B$4.56B$5.87B$1.81B
Selling, general and admin$280.00M$282.00M$307.00M$365.00M$312.00M$185.00M
Operating income-$1.19B$7.00M-$284.00M$2.56B$3.94B$831.00M
Interest expense$19.00M$26.00M$24.00M$24.00M$48.00M$32.00M
Pre-tax income-$1.17B$38.00M-$228.00M$2.59B$3.90B$790.00M
Income tax-$233.00M$43.00M-$61.00M$618.00M$951.00M$202.00M
Net income-$937.00M-$5.00M-$167.00M$1.98B$2.95B$588.00M
EPS, basic-$11.87-$0.06-$2.01$21.06$27.03$8.56
EPS, diluted-$12.08-$0.07-$2.01$20.86$27.03$8.56
Diluted shares79.2M81.1M83.2M94.2M109.0M68.9M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Cash and equivalents$202.00M$641.00M$900.00M$1.16B$1.57B$461.00M
Receivables$244.00M$294.00M$311.00M$350.00M$508.00M$277.00M
Inventory$828.00M$844.00M$851.00M$1.03B$1.06B$578.00M
Current assets$1.39B$1.84B$2.38B$2.75B$3.22B$1.34B
Goodwill$1.47B$1.88B$1.95B$1.94B$1.98B$559.00M
Total assets$7.62B$8.76B$9.41B$9.97B$10.43B$4.18B
Current liabilities$651.00M$934.00M$1.05B$792.00M$1.21B$528.00M
Long-term debt$300.00M$0$199.00M$499.00M$499.00M$500.00M
Total debt$300.00M$0$199.00M$499.00M$499.00M$500.00M
Total liabilities$1.77B$1.81B$2.19B$2.35B$2.78B$1.70B
Shareholders' equity$5.85B$6.95B$7.22B$7.62B$7.66B$2.48B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Operating cash flow$96.00M$661.00M$525.00M$2.21B$3.55B$968.00M
Capital expenditures$411.00M$487.00M$477.00M$477.00M$635.00M$180.00M
Free cash flow-$315.00M$174.00M$48.00M$1.73B$2.92B$788.00M
Investing cash flow-$380.00M-$318.00M-$530.00M-$459.00M-$286.00M-$166.00M
Financing cash flow-$167.00M-$582.00M-$268.00M-$2.13B-$2.16B-$353.00M
Dividends paid$101.00M$101.00M$100.00M$99.00M$75.00M$41.00M
Share repurchases$129.00M$140.00M$129.00M$1.99B$1.32B$0

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue growth, YoY-11.5%-4.3%-33.5%-7.8%140.5%-
Net income growth, YoY----33.0%401.2%-
EPS growth, YoY----22.8%--
Gross margin23.4%29.8%27.4%47.0%55.8%41.5%
Operating margin-21.7%0.1%-4.4%26.4%37.5%19.0%
Net margin-17.2%-0.1%-2.6%20.4%28.0%13.4%
Free cash flow margin-5.8%2.8%0.7%17.8%27.7%18.0%
Return on equity-16.0%-0.1%-2.3%25.9%38.5%23.7%
Return on assets-12.3%-0.1%-1.8%19.8%28.2%14.1%
Current ratio2.131.972.263.472.672.53
Debt to equity0.050.000.030.070.070.20

Source: XBRL data West Fraser Timber Co. Ltd files with the SEC, latest filing dated Feb 11, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

WFG peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
WFG$5.46B-11.5%-$937.00M-17.2%$5.31B
FBIN$4.36B-3.0%$128.00M2.9%$5.70B
TREX$1.28B+8.6%$178.07M13.9%$5.47B
LPX$2.50B-11.6%$68.00M2.7%$5.27B
UFPI$6.41B-0.7%$231.57M3.6%$4.36B
KOP$1.91B-0.9%-$96.00M-5.0%$566.8M
NWGL$14.58M-10.7%-$5.86M-40.2%$130.5M
JELD$3.14B-5.0%-$167.54M-5.3%$89.0M

WFG FAQ

9 questions
  • What is WFG revenue?
    West Fraser Timber Co. Ltd (WFG) reported $5.46B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 11.5% from the year before.
  • Is WFG profitable?
    No. West Fraser Timber Co. Ltd reported a net loss of $937.00M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does WFG have?
    West Fraser Timber Co. Ltd reported $202.00M in cash and cash equivalents and $300.00M of debt on its most recent balance sheet in SEC filings.
  • How fast is WFG revenue growing?
    West Fraser Timber Co. Ltd's revenue changed -11.5% in fiscal 2025, to $5.46B. Its compound annual growth rate was +4.5% over 5 years.
  • What is WFG gross margin?
    West Fraser Timber Co. Ltd's gross profit was $1.28B on $5.46B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 23.4%.
  • What is WFG free cash flow?
    West Fraser Timber Co. Ltd generated -$315.00M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $96.00M less capital expenditures.
  • What is WFG earnings per share?
    Diluted earnings per share were -$12.08 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did WFG last report financial results?
    The latest statements here come from West Fraser Timber Co. Ltd's 40-F filed on Feb 11, 2026, covering the period ended Dec 31, 2025.
  • Where does this WFG financial data come from?
    Quantisnow builds these statements from the structured XBRL data West Fraser Timber Co. Ltd files with the SEC. It is provided for information only and is not investment advice.