West Fraser Timber Co. Ltd.(WFG)Earnings, Financials & Key Ratios
WFG•NYSE
$67.64
Price updated Jul 6, 2026
SectorBasic MaterialsIndustryPaper & Forest ProductsSub-IndustryIntegrated forestry and wood processing
AboutWest Fraser Timber Co. Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products. The company also provides northern bleached softwood Kraft pulp and bleached chemical thermo-mechanical pulp used to produce various paper products, including printing and writing papers, specialty grades, and various tissue products. It sells its products to major retail chains, contractor supply yards, and wholesalers, as well as industrial customers for further processing or as components for other products in Canada, the United States, China, Europe, Asia, and other countries. West Fraser Timber Co. Ltd. was founded in 1955 and is based in Vancouver, Canada.Show more
- Revenue$7.63B+23.5%
- EBITDA$96M-82.7%
- Net Income-$1.31B-26063.8%
- EPS (Diluted)-16.56-22278.4%
- Gross Margin-0.59%-102.0%
- EBITDA Margin1.26%-86.0%
- Operating Margin-8.7%-7768.8%
- Net Margin-17.15%-21078.9%
- ROE-17.48%-24699.1%
WFG Price & Volume
West Fraser Timber Co. Ltd. (WFG) stock price & volume — 10-year historical chart
Loading chart...
Cyclical Downturn Pressures West Fraser Operating Margins
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Healthy
Cash Flow:Deteriorating
Primary Risk:Cyclical Commodity Price Volatility
Key Thesis Takeaways
- West Fraser is currently navigating a severe cyclical trough in the North American lumber market, characterized by an 8.6% year-over-year revenue decline in 2026Q1 and significant operating margin compression.
- While the company maintains a conservative capital structure with a 0.09 debt-to-equity ratio, the rapid depletion of cash reserves from $1.0 billion in 2024Q2 to $113.3 million in 2026Q1 raises concerns regarding the sustainability of current dividend distributions.
- Investors should monitor the company's ability to manage its $2.9 billion goodwill balance and high capital intensity, which remains at 9.7% of revenue despite the ongoing negative operating environment.
Verdict Logic
the company is currently burning through liquidity, evidenced by a decline in cash reserves to $113.3 million in 2026Q1 while maintaining an aggressive dividend policy that exceeds internally generated free cash flow.
WFG Growth Metrics
West Fraser Timber Co. Ltd. (WFG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years9.95%
5 Years10.7%
3 Years-7.71%
TTM-3.32%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-73122.13%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years14.94%
5 Years12.36%
3 Years-3.6%
Last Year-7.64%
WFG Recent Earnings
West Fraser Timber Co. Ltd. (WFG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$2.40-95.1%
$1.23
Rev
$1.3B+1.4%
$1.3B
Q1 2026
Feb 11, 2026Metric
Actual
Est
EPS
$2.42-2.0%
$2.37
Rev
$1.2B-2.3%
$1.2B
Q4 2025
Oct 22, 2025Metric
Actual
Est
EPS
$2.63-52.9%
$1.72
Rev
$1.3B+9.8%
$1.2B
Q3 2025
Jul 23, 2025Metric
Actual
Est
EPS
$0.38-205.6%
$0.36
Rev
$1.6B+3.4%
$1.5B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $2.40vs $1.23-95.1% | $1.3Bvs $1.3B+1.4% |
| Q1 2026 | Feb 11, 2026 | $2.42vs $2.37-2.0% | $1.2Bvs $1.2B-2.3% |
| Q4 2025 | Oct 22, 2025 | $2.63vs $1.72-52.9% | $1.3Bvs $1.2B+9.8% |
| Q3 2025 | Jul 23, 2025 | $0.38vs $0.36-205.6% | $1.6Bvs $1.5B+3.4% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for West Fraser Timber Co. Ltd. (WFG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $67.64 | $5.14B | -5.81 | 23.51% | -17.15% | -17.48% | 1.86% | |
| $23.40 | $16.87B | 52.00 | -3.07% | 5.74% | 4.2% | — | |
| $41.73 | $3.23B | 149.04 | 3.71% | 5.76% | 3.26% | — | |
| $21.60 | $3.34B | 49.09 | -61.64% | 68.61% | 15.13% | — | |
| $77.61 | $5.42B | 37.31 | -7.92% | 3.2% | 4.72% | — | |
| $75.28 | $2.65B | 21.39 | -4.75% | 1.73% | 5.26% | — |
Compare WFG vs Peers
West Fraser Timber Co. Ltd. (WFG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Get notified when WFG posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
WFG Frequently Asked Questions
West Fraser Timber Co. Ltd. (WFG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is West Fraser Timber Co. Ltd.'s revenue?
West Fraser Timber Co. Ltd. (WFG) reported $5.81B in revenue for fiscal year 2025. This represents a 385% increase from $1.20B in 1996.
How fast is West Fraser Timber Co. Ltd. growing?
West Fraser Timber Co. Ltd. (WFG) grew revenue by 23.5% over the past year. This is strong growth.
Is WFG profitable?
West Fraser Timber Co. Ltd. (WFG) reported a net loss of $1.46B for fiscal year 2025.
Dividend & Returns
Does WFG pay dividends?
Yes, West Fraser Timber Co. Ltd. (WFG) pays a dividend with a yield of 1.86%. This makes it attractive for income-focused investors.
What is WFG's return on equity?
West Fraser Timber Co. Ltd. (WFG) has a return on equity (ROE) of -17.5%. Negative ROE indicates the company is unprofitable.
What is West Fraser Timber Co. Ltd.'s free cash flow?
West Fraser Timber Co. Ltd. (WFG) had negative free cash flow of $631.5M in fiscal year 2025, likely due to heavy capital investments.