West Fraser Timber Co. Ltd. (WFG)

West Fraser Timber Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 28, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	6,006	6,174	6,454	9,701	10,518	4,373
Revenue Growth (YoY)	-6.94%	-4.34%	-33.47%	-7.77%	140.52%	16.30%
Cost of Revenue	4,196	4,333	4,685	5,142	4,645	2,559
Gross Profit	1,810	1,841	1,769	4,559	5,873	1,814
Selling, General & Admin	1,065	1,100	1,200	1,334	1,166	723
Other Operating Expenses	81	72	8	18	146	57
Operating Expenses	1,698	1,735	1,774	1,946	1,936	992
Operating Income	112	106	-5	2,613	3,937	822
Interest Expense	-27	-30	-30	-11	-42	-36
Interest & Investment Income	56	63	74	27	11	14
Currency Exchange Gain (Loss)	3	7	-7	28	-5	-4
Other Non Operating Income (Expenses)	5	-5	13	1	9	-6
EBT Excluding Unusual Items	149	141	45	2,658	3,910	790
Merger & Restructuring Charges	-92	-102	-279	-60	-	-
Other Unusual Items	-2	-1	6	-5	-12	-
Pretax Income	55	38	-228	2,593	3,898	790
Income Tax Expense	53	43	-61	618	951	202
Net Income	2	-5	-167	1,975	2,947	588
Net Income to Common	2	-5	-167	1,975	2,947	588
Net Income Growth	-	-	-	-32.98%	401.19%	-
Shares Outstanding (Basic)	80	81	83	94	109	69
Shares Outstanding (Diluted)	81	81	83	94	109	69
Shares Change (YoY)	-2.49%	-2.49%	-11.65%	-13.62%	58.76%	-0.72%
EPS (Basic)	0.02	-0.06	-2.01	21.06	27.03	8.56
EPS (Diluted)	-0.04	-0.07	-2.01	20.87	27.03	8.56
EPS Growth	-	-	-	-22.80%	215.77%	-
Free Cash Flow	158	174	48	1,730	2,917	788
Free Cash Flow Per Share	1.96	2.15	0.58	18.37	26.76	11.47
Dividend Per Share	1.280	1.260	1.200	1.150	0.632	0.628
Dividend Growth	6.67%	5.00%	4.35%	81.91%	0.69%	1.79%
Gross Margin	30.14%	29.82%	27.41%	46.99%	55.84%	41.48%
Operating Margin	1.86%	1.72%	-0.08%	26.93%	37.43%	18.80%
Profit Margin	0.03%	-0.08%	-2.59%	20.36%	28.02%	13.45%
Free Cash Flow Margin	2.63%	2.82%	0.74%	17.83%	27.73%	18.02%
EBITDA	657	655	536	3,202	4,521	1,025
EBITDA Margin	10.94%	10.61%	8.30%	33.01%	42.98%	23.44%
D&A For EBITDA	545	549	541	589	584	203
EBIT	112	106	-5	2,613	3,937	822
EBIT Margin	1.86%	1.72%	-0.08%	26.93%	37.43%	18.80%
Effective Tax Rate	96.36%	113.16%	-	23.83%	24.40%	25.57%

Updated Apr 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q