West Fraser Timber Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,462	6,174	6,454	9,701	10,518
Revenue Growth (YoY)	-11.53%	-4.34%	-33.47%	-7.77%	128.88%
Cost of Revenue	4,950	5,148	5,579	6,105	5,491
Gross Profit	512	1,026	875	3,596	5,027
Selling, General & Admin	266	296	332	370	352
Depreciation & Amortization Expenses	544	549	541	589	584
Other Operating Expenses	889	174	287	78	146
Total Operating Expenses	1,699	1,019	1,160	1,037	1,082
Operating Income	-1,187	7	-285	2,559	3,945
Interest Income	1	34	51	-3	-
Interest Expense	-	-	-	-	-45
Other Non-Operating Income (Expense)	15	-2	5	37	-2
Total Non-Operating Income (Expense)	16	32	56	34	-47
Pretax Income	-1,171	38	-228	2,593	3,898
Provision for Income Taxes	-233	43	-61	618	951
Net Income	-938	-5	-167	1,975	2,947
Net Income to Common	-938	-5	-167	1,975	2,947
Net Income Growth	-	-	-	-32.98%	383.45%
Shares Outstanding (Basic)	79	81	83	94	109
Shares Outstanding (Diluted)	79	81	83	94	109
Shares Change (YoY)	-2.43%	-2.49%	-11.65%	-13.62%	58.32%
EPS (Basic)	-11.87	-0.06	-2.01	21.06	27.03
EPS (Diluted)	-12.08	-0.07	-2.01	20.86	27.03
EPS Growth	-	-	-	-22.83%	302.23%
Shares Outstanding	78.3	79.93	81.72	83.56	105.93
Free Cash Flow	-315	174	48	1,730	2,917
Free Cash Flow Growth	-	262.50%	-97.22%	-40.69%	270.18%
Free Cash Flow Per Share	-3.98	2.14	0.58	18.37	26.76
Dividends Per Share	1.280	1.260	1.200	1.150	0.632
Dividend Growth	1.59%	5.00%	4.35%	81.91%	0.69%
Gross Margin	9.37%	16.62%	13.56%	37.07%	47.79%
Operating Margin	-21.73%	0.11%	-4.42%	26.38%	37.51%
Profit Margin	-17.17%	-0.08%	-2.59%	20.36%	28.02%
FCF Margin	-5.77%	2.82%	0.74%	17.83%	27.73%
EBITDA	-643	556	256	3,148	4,529
EBITDA Margin	-11.77%	9.01%	3.97%	32.45%	43.06%
EBIT	-1,187	7	-285	2,559	3,945
EBIT Margin	-21.73%	0.11%	-4.42%	26.38%	37.51%
Effective Tax Rate	19.90%	113.16%	26.75%	23.83%	24.40%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.