West Fraser Timber Co. Ltd (WFG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 40-F for FY2025, filed Feb 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WFG SEC filings page.
West Fraser Timber Co. Ltd (WFG) reported $5.5B in revenue for fiscal year 2025, down 11.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
West Fraser has shifted from high-profit, cash-generative operations toward losses and reinvestment pressure, despite low financial leverage.
FY2025 pairs a -17.2% net margin with just$96M of operating cash flow, so the reported loss is not translating into an equally sized cash shortfall; the cash statement still shows a weakened operating engine. Because capital expenditures reached$411M , free cash flow turned-$315M , meaning positive operating cash no longer funded the asset reinvestment program.
Revenue fell from
FY2025 liabilities of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of West Fraser Timber Co. Ltd's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for West Fraser Timber Co. Ltd, and counted as zero in the overall score.
West Fraser Timber Co. Ltd's revenue declined 11.5% year-over-year, from $6.2B to $5.5B. This contraction results in a growth score of 11/100.
West Fraser Timber Co. Ltd carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 88/100, indicating a strong balance sheet with room for future borrowing.
West Fraser Timber Co. Ltd's current ratio of 2.13 indicates adequate short-term liquidity, earning a score of 62/100. The company can meet its near-term obligations, though with limited headroom.
While West Fraser Timber Co. Ltd generated $96.0M in operating cash flow, capex of $411.0M consumed most of it, leaving -$315.0M in free cash flow. This results in a low score of 21/100, reflecting heavy capital investment rather than weak cash generation.
Not available for West Fraser Timber Co. Ltd, and counted as zero in the overall score.
West Fraser Timber Co. Ltd passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
West Fraser Timber Co. Ltd reported a net loss of $937.0M while generating $96.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
West Fraser Timber Co. Ltd held $202.0M in cash against $24.0M in long-term debt as of Q4 2025, with $651.0M of liabilities due within a year.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
WFG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
WFG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2540-F | Q4'2440-F | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q4'2010-K | Q4'1910-K |
|---|---|---|---|---|---|---|---|
| Total Assets | $7.6B-13.0% | $8.8B-7.0% | $9.4B-5.6% | $10.0B-4.4% | $10.4B+149.7% | $4.2B+16.2% | $3.6B |
| Current Assets | $1.4B-24.5% | $1.8B-22.7% | $2.4B-13.5% | $2.7B-14.5% | $3.2B+140.8% | $1.3B+51.3% | $883.0M |
| Cash & Equivalents | $202.0M-68.5% | $641.0M-28.8% | $900.0M-22.5% | $1.2B-25.9% | $1.6B+240.1% | $461.0M+3741.7% | $12.0M |
| Inventory | $828.0M-1.9% | $844.0M-0.8% | $851.0M-17.5% | $1.0B-2.7% | $1.1B+83.6% | $578.0M+3.0% | $561.0M |
| Accounts Receivable | $244.0M-17.0% | $294.0M-5.5% | $311.0M-11.1% | $350.0M-31.1% | $508.0M+83.4% | $277.0M+39.2% | $199.0M |
| Goodwill | $1.5B-21.7% | $1.9B-3.6% | $1.9B+0.3% | $1.9B-1.6% | $2.0B+253.3% | $559.0M+0.9% | $554.0M |
| Total Liabilities | $1.8B-2.0% | $1.8B-17.6% | $2.2B-6.8% | $2.4B-15.2% | $2.8B+63.4% | $1.7B+0.7% | $1.7B |
| Current Liabilities | $651.0M-30.3% | $934.0M-11.0% | $1.1B+32.6% | $792.0M-34.3% | $1.2B+128.4% | $528.0M-18.0% | $644.0M |
| Non-Current Liabilities | $1.1B+28.3% | $873.0M-23.6% | $1.1B-26.8% | $1.6B-0.6% | $1.6B+34.0% | $1.2B+12.2% | $1.0B |
| Long-Term Debt | $24.0M+26.3% | $19.0M-26.9% | $26.0M0.0% | $26.0M+44.4% | $18.0M-96.8% | $571.0M-33.4% | $857.0M |
| Total Equity | $5.8B-15.9% | $7.0B-3.7% | $7.2B-5.2% | $7.6B-0.5% | $7.7B+209.0% | $2.5B+30.1% | $1.9B |
| Retained Earnings | $3.6B-23.2% | $4.7B-3.8% | $4.9B-7.0% | $5.3B+17.3% | $4.5B+101.3% | $2.2B+31.8% | $1.7B |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
WFG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
WFG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| West Fraser Timber Co. Ltd WFG | FY2025 | $5.5B | -$937.0M | -17.2% | $5.4B | 30/100 |
| UFP Industries, Inc. UFPI | FY2025 | $6.3B | $294.8M | 4.7% | $4.4B | 64/100 |
| Simpson Manufacturing Co., Inc. SSD | FY2025 | $2.3B | $345.1M | 14.8% | $7.1B | 76/100 |
| Boise Cascade Company BCC | FY2025 | $6.4B | $132.8M | 2.1% | $2.6B | 59/100 |
| IAMGold Corporation IAG | FY2025 | $2.9B | $732.3M | 25.7% | $11.6B | 43/100 |
Where West Fraser Timber Co. Ltd Ranks
Frequently Asked Questions
What is West Fraser Timber Co. Ltd's annual revenue?
West Fraser Timber Co. Ltd (WFG) reported $5.5B in total revenue for fiscal year 2025. This represents a -11.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is West Fraser Timber Co. Ltd's revenue growing?
West Fraser Timber Co. Ltd (WFG) revenue declined by 11.5% year-over-year, from $6.2B to $5.5B in fiscal year 2025.
Is West Fraser Timber Co. Ltd profitable?
No, West Fraser Timber Co. Ltd (WFG) reported a net income of -$937.0M in fiscal year 2025, with a net profit margin of -17.2%.
How much debt does West Fraser Timber Co. Ltd have?
As of fiscal year 2025, West Fraser Timber Co. Ltd (WFG) had $202.0M in cash and equivalents against $24.0M in long-term debt.
What is West Fraser Timber Co. Ltd's net profit margin?
West Fraser Timber Co. Ltd (WFG) had a net profit margin of -17.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is West Fraser Timber Co. Ltd's return on equity (ROE)?
West Fraser Timber Co. Ltd (WFG) has a return on equity of -16.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is West Fraser Timber Co. Ltd's free cash flow?
West Fraser Timber Co. Ltd (WFG) recorded an outflow of $315.0M in free cash flow during fiscal year 2025. This represents a -281.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is West Fraser Timber Co. Ltd's operating cash flow?
West Fraser Timber Co. Ltd (WFG) generated $96.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are West Fraser Timber Co. Ltd's total assets?
West Fraser Timber Co. Ltd (WFG) had $7.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are West Fraser Timber Co. Ltd's capital expenditures?
West Fraser Timber Co. Ltd (WFG) invested $411.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is West Fraser Timber Co. Ltd's current ratio?
West Fraser Timber Co. Ltd (WFG) had a current ratio of 2.13 as of fiscal year 2025, which is generally considered healthy.
What is West Fraser Timber Co. Ltd's debt-to-equity ratio?
West Fraser Timber Co. Ltd (WFG) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is West Fraser Timber Co. Ltd's return on assets (ROA)?
West Fraser Timber Co. Ltd (WFG) had a return on assets of -12.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is West Fraser Timber Co. Ltd's P/E ratio?
West Fraser Timber Co. Ltd (WFG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $5.4B as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is West Fraser Timber Co. Ltd's price-to-sales ratio?
West Fraser Timber Co. Ltd (WFG) trades at 1.0x sales, its market capitalization divided by revenue of $5.5B revenue, FY2025. The market capitalization is $5.4B as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is West Fraser Timber Co. Ltd's Piotroski F-Score?
West Fraser Timber Co. Ltd (WFG) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are West Fraser Timber Co. Ltd's earnings high quality?
West Fraser Timber Co. Ltd (WFG) reported a net loss of $937.0M while generating $96.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is West Fraser Timber Co. Ltd?
West Fraser Timber Co. Ltd (WFG) scores 30 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.