West Fraser Timber Co Ltd's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), West Fraser Timber Co Ltd reported revenue of $5.5B (-11.5% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Sales | $5.5B | $6.2B | $6.5B | $9.7B |
| Cost of products sold | $4.2B | $4.3B | $4.7B | $5.1B |
| Freight and other distribution costs | $766.0M | $815.0M | $894.0M | $963.0M |
| Export duties, net, and tariffs | $177.0M | $72.0M | $8.0M | $18.0M |
| Amortization | $544.0M | $549.0M | $541.0M | $589.0M |
| Selling, general and administration | $280.0M | $282.0M | $307.0M | $365.0M |
| Equity-based compensation | ($14.0M) | $14.0M | $25.0M | $5.0M |
| Restructuring and impairment charges | $712.0M | $102.0M | $279.0M | $60.0M |
| Operating expense | $6.6B | $6.2B | $6.7B | $7.1B |
| Profit (loss) from operating activities | ($1.2B) | $7.0M | ($284.0M) | $2.6B |
| Finance income, net | $1.0M | $34.0M | $51.0M | ($3.0M) |
| Other income (expense) | $15.0M | ($2.0M) | — | — |
| Earnings (loss) before tax | ($1.2B) | $38.0M | ($228.0M) | $2.6B |
| Tax recovery (provision) | $233.0M | ($43.0M) | $61.0M | ($618.0M) |
| Loss | ($937.0M) | ($5.0M) | ($167.0M) | $2.0B |
| Basic (in usd per share) | -$11.87 | -$0.06 | -$2.01 | $21.06 |
| Diluted (in usd per share) | -$12.08 | -$0.07 | -$2.01 | $20.86 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $202.0M | $641.0M | $900.0M | $1.2B |
| Receivables | $244.0M | $294.0M | $311.0M | $350.0M |
| Income taxes receivable | $79.0M | $22.0M | $93.0M | $145.0M |
| Inventories | $828.0M | $844.0M | $851.0M | $1.0B |
| Prepaid expenses | $34.0M | $36.0M | $40.0M | $60.0M |
| Current assets | $1.4B | $1.8B | $2.4B | $2.7B |
| Property, plant and equipment | $3.6B | $3.8B | $3.8B | $4.0B |
| Timber licences | $335.0M | $358.0M | $376.0M | $351.0M |
| Goodwill and other intangible assets | $1.7B | $2.2B | $2.3B | $2.4B |
| Export duty deposits | $474.0M | $408.0M | $377.0M | $354.0M |
| Other assets | $99.0M | $129.0M | $137.0M | $175.0M |
| Deferred income tax assets | $6.0M | $7.0M | $6.0M | $4.0M |
| Assets | $7.6B | $8.8B | $9.4B | $10.0B |
| Payables and accrued liabilities | $584.0M | $604.0M | $620.0M | $722.0M |
| Current portion of long-term debt | $0 | $200.0M | $300.0M | $0 |
| Current portion of reforestation and decommissioning obligations | $52.0M | $55.0M | $60.0M | $58.0M |
| Income taxes payable | $14.0M | $75.0M | $7.0M | $12.0M |
| Current liabilities | $651.0M | $934.0M | $1.1B | $792.0M |
| Long-term debt | $300.0M | $0 | $199.0M | $499.0M |
| Other liabilities | $423.0M | $264.0M | $260.0M | $268.0M |
| Deferred income tax liabilities | $397.0M | $609.0M | $683.0M | $795.0M |
| Liabilities | $1.8B | $1.8B | $2.2B | $2.4B |
| Share capital | $2.5B | $2.5B | $2.6B | $2.7B |
| Retained earnings | $3.6B | $4.7B | $4.9B | $5.3B |
| Accumulated other comprehensive loss | ($277.0M) | ($321.0M) | ($297.0M) | ($332.0M) |
| Shareholders’ equity | $5.8B | $7.0B | $7.2B | $7.6B |
| Liabilities and shareholders' equity | $7.6B | $8.8B | $9.4B | $10.0B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Profit (loss) | ($937.0M) | ($5.0M) | ($167.0M) | $2.0B |
| Amortization | $544.0M | $549.0M | $541.0M | $589.0M |
| Restructuring and impairment charges | $712.0M | $102.0M | $279.0M | $60.0M |
| Finance income, net | ($1.0M) | ($34.0M) | ($51.0M) | $3.0M |
| Foreign exchange loss (gain) | $5.0M | ($7.0M) | $7.0M | ($28.0M) |
| Export duty | $59.0M | $10.0M | ($45.0M) | ($99.0M) |
| Retirement benefit expense | $70.0M | $77.0M | $77.0M | $103.0M |
| Net contributions to retirement benefit plans | ($40.0M) | ($55.0M) | ($37.0M) | ($76.0M) |
| Tax provision (recovery) | ($233.0M) | $43.0M | ($61.0M) | $618.0M |
| Income taxes received (paid) | ($46.0M) | $3.0M | ($24.0M) | ($982.0M) |
| Unrealized loss (gain) on electricity swaps | ($18.0M) | $8.0M | — | — |
| Other | ($18.0M) | ($15.0M) | ($4.0M) | ($11.0M) |
| Receivables | $59.0M | $5.0M | $6.0M | $140.0M |
| Inventories | ($1.0M) | $11.0M | $132.0M | $20.0M |
| Prepaid expenses | $1.0M | $4.0M | $4.0M | ($6.0M) |
| Payables and accrued liabilities | ($61.0M) | ($35.0M) | ($131.0M) | ($99.0M) |
| Cash flows from operating activities | $96.0M | $661.0M | $525.0M | $2.2B |
| Proceeds from amendment of long-term debt | $0 | ($300.0M) | — | — |
| Proceeds from borrowings | $100.0M | — | — | — |
| Repayment of lease obligations | ($15.0M) | ($15.0M) | ($15.0M) | ($14.0M) |
| Finance expense paid | ($21.0M) | ($27.0M) | ($24.0M) | ($23.0M) |
| Repurchase of Common shares for cancellation | -129.0M | -140.0M | -129.0M | -2.0B |
| Proceeds from issuing shares | 0 | 1.0M | — | 0 |
| Dividends paid | ($101.0M) | ($101.0M) | ($100.0M) | ($99.0M) |
| Cash flows used in financing activities | ($167.0M) | ($582.0M) | ($268.0M) | ($2.1B) |
| Proceeds from sale of pulp mills | $0 | $124.0M | — | — |
| Additions to capital assets | ($411.0M) | ($487.0M) | ($477.0M) | ($477.0M) |
| Interest received | $24.0M | $43.0M | $47.0M | $17.0M |
| Other | $7.0M | $2.0M | $0 | $1.0M |
| Cash flows used in investing activities | ($380.0M) | ($318.0M) | ($530.0M) | ($459.0M) |
| Change in cash and cash equivalents | ($451.0M) | ($238.0M) | ($273.0M) | ($378.0M) |
| Foreign exchange effect on cash and cash equivalents | $11.0M | ($21.0M) | $10.0M | ($28.0M) |
| Cash and cash equivalents at beginning of period | $641.0M | $900.0M | $1.2B | $1.6B |
| Cash and cash equivalents at end of period | $202.0M | $641.0M | $900.0M | — |
West Fraser Timber Co Ltd score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.