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	Sep 26, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,702	6,174	6,454	9,701	10,518	4,373
Revenue Growth (YoY)	-9.25%	-4.34%	-33.47%	-7.77%	140.52%	16.30%
Cost of Revenue	4,245	4,333	4,685	5,142	4,645	2,559
Gross Profit	1,457	1,841	1,769	4,559	5,873	1,814
Selling, General & Admin	1,050	1,100	1,200	1,334	1,166	723
Amortization of Goodwill & Intangibles	538	549	541	589	584	203
Other Operating Expenses	139	72	8	18	146	57
Operating Expenses	1,716	1,735	1,774	1,946	1,936	992
Operating Income	-259	106	-5	2,613	3,937	822
Interest Expense	-20	-30	-30	-11	-42	-36
Interest & Investment Income	32	63	74	27	11	14
Currency Exchange Gain (Loss)	2	7	-7	28	-5	-4
Other Non Operating Income (Expenses)	21	-5	13	1	9	-6
EBT Excluding Unusual Items	-224	141	45	2,658	3,910	790
Merger & Restructuring Charges	-68	-102	-279	-60	-	-
Other Unusual Items	-3	-1	6	-5	-12	-
Pretax Income	-295	38	-228	2,593	3,898	790
Income Tax Expense	-47	43	-61	618	951	202
Net Income	-248	-5	-167	1,975	2,947	588
Net Income to Common	-248	-5	-167	1,975	2,947	588
Net Income Growth	-	-	-	-32.98%	401.19%	-
Shares Outstanding (Basic)	79	81	83	94	109	69
Shares Outstanding (Diluted)	79	81	83	94	109	69
Shares Change (YoY)	-2.35%	-2.49%	-11.65%	-13.62%	58.76%	-0.72%
EPS (Basic)	-3.12	-0.06	-2.01	21.06	27.03	8.56
EPS (Diluted)	-3.32	-0.07	-2.01	20.87	27.03	8.56
EPS Growth	-	-	-	-22.80%	215.77%	-
Free Cash Flow	12	174	48	1,730	2,917	788
Free Cash Flow Per Share	0.15	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	3.23%	5.00%	4.35%	81.91%	0.69%	1.79%
Gross Margin	25.55%	29.82%	27.41%	46.99%	55.84%	41.48%
Operating Margin	-4.54%	1.72%	-0.08%	26.93%	37.43%	18.80%
Profit Margin	-4.35%	-0.08%	-2.59%	20.36%	28.02%	13.45%
Free Cash Flow Margin	0.21%	2.82%	0.74%	17.83%	27.73%	18.02%
EBITDA	279	655	536	3,202	4,521	1,025
EBITDA Margin	4.89%	10.61%	8.30%	33.01%	42.98%	23.44%
D&A For EBITDA	538	549	541	589	584	203
EBIT	-259	106	-5	2,613	3,937	822
EBIT Margin	-4.54%	1.72%	-0.08%	26.93%	37.43%	18.80%
Effective Tax Rate	-	113.16%	-	23.83%	24.40%	25.57%

Updated Sep 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q