Latest Ratios: P/E Ratio 21.4x · EV/EBITDA 8.0x · ROE 6.3%. (2010–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.6B | $2.7B | $4.7B | $5.2B | $2.7B | $2.8B | $1.9B | $1.4B | $939M | $1.6B | $876M |
| Enterprise Value | $2.7B | $2.8B | $4.5B | $4.7B | $2.3B | $2.6B | $2.0B | $1.7B | $1.2B | $1.8B | $1.2B |
| P/E Ratio → | 21.39 | 20.91 | 12.42 | 10.67 | 3.19 | 3.96 | 10.77 | 17.73 | 45.87 | 18.82 | 22.96 |
| P/S Ratio | 0.41 | 0.42 | 0.69 | 0.75 | 0.33 | 0.36 | 0.34 | 0.31 | 0.19 | 0.35 | 0.22 |
| P/B Ratio | 1.34 | 1.31 | 2.17 | 2.35 | 1.33 | 2.09 | 2.22 | 2.04 | 1.40 | 2.31 | 1.51 |
| P/FCF | 208.31 | 213.98 | 22.39 | 10.94 | 2.95 | 5.04 | 8.76 | 8.80 | 11.23 | 20.48 | 12.82 |
| P/OCF | 10.42 | 10.71 | 10.66 | 7.51 | 2.62 | 4.23 | 6.40 | 5.84 | 5.74 | 10.29 | 5.77 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.43 | 0.67 | 0.69 | 0.27 | 0.33 | 0.37 | 0.36 | 0.24 | 0.41 | 0.31 |
| EV / EBITDA | 7.97 | 8.19 | 7.02 | 6.24 | 1.79 | 2.47 | 4.68 | 7.68 | 5.42 | 8.22 | 7.93 |
| EV / EBIT | 14.99 | 14.58 | 8.51 | 7.07 | 1.93 | 2.68 | 6.47 | 12.52 | 24.58 | 12.73 | 17.28 |
| EV / FCF | — | 217.51 | 21.44 | 10.05 | 2.43 | 4.65 | 9.40 | 10.32 | 14.20 | 23.91 | 17.70 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 14.0% | 14.0% | 19.8% | 20.9% | 22.8% | 20.5% | 17.1% | 14.6% | 13.8% | 13.8% | 13.1% |
| Operating Margin | 2.8% | 2.8% | 7.3% | 9.1% | 13.8% | 12.3% | 6.1% | 2.9% | 1.4% | 3.2% | 2.0% |
| Net Profit Margin | 2.1% | 2.1% | 5.6% | 7.1% | 10.2% | 9.0% | 3.2% | 1.7% | 0.4% | 1.9% | 1.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.3% | 6.3% | 17.3% | 22.7% | 50.3% | 64.7% | 22.5% | 11.8% | 3.0% | 13.2% | 6.9% |
| ROA | 4.0% | 4.0% | 11.0% | 14.4% | 29.5% | 31.4% | 9.6% | 4.9% | 1.3% | 5.4% | 2.8% |
| ROIC | 6.6% | 6.6% | 19.7% | 27.9% | 63.9% | 68.6% | 25.9% | 11.0% | 5.8% | 11.4% | 7.4% |
| ROCE | 6.5% | 6.5% | 17.3% | 22.5% | 50.1% | 57.6% | 24.4% | 10.8% | 5.9% | 12.0% | 7.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.25 | 0.25 | 0.24 | 0.24 | 0.25 | 0.39 | 0.64 | 0.76 | 0.65 | 0.65 | 0.75 |
| Debt / EBITDA | 1.55 | 1.55 | 0.81 | 0.70 | 0.41 | 0.50 | 1.26 | 2.43 | 2.01 | 1.98 | 2.87 |
| Net Debt / Equity | — | 0.02 | -0.09 | -0.19 | -0.23 | -0.16 | 0.16 | 0.35 | 0.37 | 0.39 | 0.58 |
| Net Debt / EBITDA | 0.13 | 0.13 | -0.31 | -0.55 | -0.38 | -0.21 | 0.32 | 1.13 | 1.13 | 1.18 | 2.19 |
| Debt / FCF | — | 3.54 | -0.94 | -0.89 | -0.51 | -0.39 | 0.64 | 1.52 | 2.96 | 3.43 | 4.88 |
| Interest Coverage | 19.37 | 19.37 | 21.85 | 26.30 | 46.11 | 39.25 | 11.92 | 5.15 | 1.84 | 5.63 | 2.62 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.36 | 3.36 | 3.34 | 3.46 | 3.78 | 2.94 | 2.50 | 2.66 | 2.67 | 2.44 | 2.43 |
| Quick Ratio | 1.74 | 1.74 | 1.92 | 2.26 | 2.50 | 1.91 | 1.54 | 1.36 | 1.22 | 1.19 | 1.05 |
| Cash Ratio | 0.97 | 0.97 | 1.26 | 1.60 | 1.83 | 1.17 | 0.77 | 0.74 | 0.52 | 0.46 | 0.33 |
| Asset Turnover | — | 1.98 | 2.00 | 1.98 | 2.59 | 3.08 | 2.79 | 2.74 | 3.16 | 2.76 | 2.72 |
| Inventory Turnover | 6.92 | 6.92 | 6.71 | 7.59 | 9.28 | 9.54 | 9.01 | 7.97 | 8.08 | 8.01 | 7.84 |
| Days Sales Outstanding | — | 19.42 | 18.71 | 19.95 | 13.94 | 21.29 | 26.08 | 18.21 | 16.75 | 21.10 | 19.66 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.2% | 1.3% | 4.9% | 6.7% | 5.8% | 7.6% | 4.2% | 3.8% | 5.4% | 0.2% | — |
| Payout Ratio | 26.1% | 26.1% | 60.8% | 71.6% | 18.6% | 30.0% | 45.3% | 66.7% | 247.2% | 3.3% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.7% | 4.8% | 8.1% | 9.4% | 31.4% | 25.2% | 9.3% | 5.6% | 2.2% | 5.3% | 4.4% |
| FCF Yield | 0.5% | 0.5% | 4.5% | 9.1% | 33.9% | 19.9% | 11.4% | 11.4% | 8.9% | 4.9% | 7.8% |
| Buyback Yield | 6.9% | 6.7% | 4.2% | 0.1% | 0.0% | 0.0% | 0.0% | 0.2% | 0.5% | 0.2% | 1.2% |
| Total Shareholder Yield | 8.2% | 8.0% | 9.1% | 6.8% | 5.8% | 7.6% | 4.2% | 4.0% | 5.9% | 0.4% | 1.2% |
| Shares Outstanding | — | $37M | $39M | $40M | $40M | $40M | $39M | $39M | $39M | $39M | $39M |
Cyclical housing demand sensitivity
Based on current market data, BCC trades at a trailing P/E of 23.02, which appears to discount the company's cyclical earnings volatility while failing to fully account for the potential durability of its proprietary Engineered Wood Products segment compared to pure-play commodity lumber peers like Weyerhaeuser.
The current valuation multiples suggest that investors are struggling to normalize earnings during a cyclical trough, leading to a P/S ratio of 0.45 that may undervalue the company's integrated distribution moat. While the forward EV/EBITDA of 3.96 implies an expectation of earnings recovery, the high P/FCF of 224.19 indicates that current cash generation is insufficient to support the current equity valuation without a significant rebound in housing starts.
As reported in recent financial statements, BCC's ROIC has compressed to 1.0% in 2026Q1 from a peak of 5.8% in 2024Q2, illustrating a significant decay in the company's ability to generate returns on its invested capital during the current residential construction slowdown.
The sharp decline in ROIC suggests that the company's fixed-cost manufacturing base is struggling to maintain efficiency as volume throughput drops. This trend warrants further investigation into whether the current capital base is oversized for the prevailing demand environment, potentially limiting the company's ability to compound value until the housing cycle turns.
According to quarterly data, the company's asset turnover has slowed to 0.46 in 2026Q1, reflecting a broader trend of reduced inventory velocity and operational efficiency as the firm navigates the current contraction in the US residential building materials market.
The increase in the cash conversion cycle, coupled with the inability to maintain historical asset turnover levels, suggests that management is facing challenges in balancing inventory availability with softening demand. Investors should monitor whether these efficiency metrics stabilize, as they are critical indicators of the company's ability to manage its distribution network profitably during periods of low volume.
Based on reported figures, BCC maintains a conservative debt-to-equity ratio of 0.27, which remains a standout feature of its financial profile and provides a significant buffer against the inherent volatility of the construction materials sector compared to more leveraged industry peers.
This low leverage position, supported by an interest coverage ratio of 4.62, suggests that the company is well-positioned to weather prolonged cyclical weakness without facing refinancing risks. The balance sheet strength provides management with the optionality to pursue opportunistic M&A or return capital to shareholders, provided they can navigate the current earnings compression.
The most commonly misapplied metric for BCC is the P/E ratio, which obscures the company's true earning power by failing to adjust for the non-cash impacts of LIFO inventory accounting and the cyclical nature of its integrated manufacturing and distribution business model.
Analysts often treat BCC as a simple commodity lumber play, which leads to an over-reliance on P/E multiples that are highly distorted during periods of rapid price changes. A more appropriate approach would involve focusing on EV/EBITDA adjusted for inventory valuation effects, as this better captures the underlying operational cash flow generated by the company's unique EWP-distribution integration.
Includes 30+ ratios · 16 years · Updated daily
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Quick answers to the most common questions about buying BCC stock.
Boise Cascade Company's current P/E ratio is 21.4x. The historical average is 16.5x. This places it at the 85th percentile of its historical range.
Boise Cascade Company's current EV/EBITDA is 8.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.5x.
Boise Cascade Company's return on equity (ROE) is 6.3%. The historical average is 18.0%.
Based on historical data, Boise Cascade Company is trading at a P/E of 21.4x. This is at the 85th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Boise Cascade Company's current dividend yield is 1.24% with a payout ratio of 26.1%.
Boise Cascade Company has 14.0% gross margin and 2.8% operating margin.
Boise Cascade Company's Debt/EBITDA ratio is 1.5x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.