Boise Cascade (BCC) Financials

$70.86 +2.76 (+4.05%)

As of 10:33 AM Eastern

Annual Income Statements for Boise Cascade

This table shows Boise Cascade's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	52	38	83	20	81	175	712	858	484	376	133
Consolidated Net Income / (Loss)	52	38	83	20	81	175	712	858	484	376	133
Net Income / (Loss) Continuing Operations	52	38	83	20	81	175	712	858	484	376	133
Total Pre-Tax Income	81	43	118	22	108	286	949	1,146	645	502	180
Total Operating Income	103	85	141	72	136	335	972	1,158	624	490	183
Total Gross Profit	480	515	612	688	678	939	1,626	1,915	1,429	1,331	1,054
Total Revenue	3,633	3,911	4,432	4,995	4,643	5,475	7,926	8,387	6,838	6,724	6,405
Operating Revenue	3,633	3,911	4,432	4,995	4,643	5,475	7,926	8,387	6,838	6,724	6,405
Total Cost of Revenue	3,154	3,396	3,820	4,308	3,966	4,536	6,300	6,473	5,409	5,394	5,351
Operating Cost of Revenue	3,154	3,396	3,820	4,308	3,966	4,536	6,300	6,473	5,409	5,394	5,351
Total Operating Expenses	377	430	471	616	541	604	654	757	805	841	871
Selling, General & Admin Expense	323	359	390	432	462	507	574	657	674	697	716
Depreciation Expense	56	73	80	147	80	95	81	102	132	144	158
Other Operating Expenses / (Income)	-1.61	-1.03	0.38	-1.44	-0.78	-0.03	-0.77	-1.68	-1.86	-0.71	-3.61
Total Other Income / (Expense), net	-23	-41	-24	-50	-28	-49	-23	-11	21	12	-3.38
Interest Expense	23	41	25	26	26	40	25	25	25	24	22
Interest & Investment Income	0.32	0.39	0.55	1.65	2.81	1.00	0.20	12	48	39	19
Other Income / (Expense), net	-0.30	-0.78	1.00	-25	-4.99	-9.53	1.74	1.68	-1.95	-3.35	-0.30
Income Tax Expense	29	5.05	35	1.63	27	111	236	289	161	125	47
Basic Earnings per Share	$1.33	$0.99	$2.15	$0.53	$2.07	$4.45	$18.07	$21.70	$12.20	$9.63	$3.54
Weighted Average Basic Shares Outstanding	39.24M	38.76M	38.62M	38.93M	39.04M	39.28M	39.42M	39.53M	39.65M	39.09M	37.48M
Diluted Earnings per Share	$1.33	$0.98	$2.12	$0.52	$2.06	$4.44	$17.97	$21.56	$12.12	$9.57	$3.53
Weighted Average Diluted Shares Outstanding	39.36M	38.93M	39.07M	39.39M	39.24M	39.43M	39.65M	39.77M	39.90M	39.32M	37.62M
Weighted Average Basic & Diluted Shares Outstanding	39.20M	38.60M	38.60M	38.60M	38.99M	39.20M	39.33M	39.46M	39.54M	37.93M	35.72M
Cash Dividends to Common per Share	$0.00	$0.00	$0.07	$1.30	$1.37	$2.00	$5.42	$4.01	$8.70	$5.82	$0.86

This table shows Boise Cascade's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	143	98	104	112	91	69	40	62	22	8.73	18
Consolidated Net Income / (Loss)	143	98	104	112	91	69	40	62	22	8.73	18
Net Income / (Loss) Continuing Operations	143	98	104	112	91	69	40	62	22	8.73	18
Total Pre-Tax Income	192	127	137	151	121	93	54	81	31	14	24
Total Operating Income	186	121	133	147	117	93	55	81	32	16	28
Total Gross Profit	392	334	338	357	338	298	260	299	263	231	244
Total Revenue	1,834	1,644	1,645	1,798	1,714	1,567	1,536	1,740	1,668	1,460	1,499
Operating Revenue	1,834	1,644	1,645	1,798	1,714	1,567	1,536	1,740	1,668	1,460	1,499
Total Cost of Revenue	1,442	1,310	1,307	1,441	1,376	1,270	1,276	1,441	1,404	1,229	1,255
Operating Cost of Revenue	1,442	1,310	1,307	1,441	1,376	1,270	1,276	1,441	1,404	1,229	1,255
Total Operating Expenses	207	213	205	210	221	205	206	218	231	215	216
Selling, General & Admin Expense	175	174	169	176	184	169	169	188	191	168	177
Depreciation Expense	31	39	36	34	37	37	37	37	42	41	39
Other Operating Expenses / (Income)	-0.14	-0.10	-0.08	-0.08	0.09	-0.64	0.03	-7.57	-2.05	5.98	-0.04
Total Other Income / (Expense), net	6.44	6.03	3.97	3.81	3.48	0.46	-0.33	0.07	-1.47	-1.65	-3.35
Interest Expense	6.35	6.45	6.07	6.11	6.08	5.81	5.31	5.18	5.33	6.02	6.02
Interest & Investment Income	14	13	11	11	10	7.83	5.51	4.62	4.18	4.45	2.94
Other Income / (Expense), net	-0.97	-0.67	-0.56	-0.63	-0.60	-1.56	-0.52	0.63	-0.33	-0.07	-0.27
Income Tax Expense	49	30	33	38	30	24	14	19	9.09	5.57	6.59
Basic Earnings per Share	$3.61	$2.46	$2.63	$2.85	$2.34	$1.81	$1.06	$1.64	$0.58	$0.26	$0.50
Weighted Average Basic Shares Outstanding	39.68M	39.65M	39.61M	39.41M	38.85M	39.09M	38.02M	37.68M	37.39M	37.48M	35.91M
Diluted Earnings per Share	$3.58	$2.44	$2.61	$2.84	$2.33	$1.79	$1.06	$1.64	$0.58	$0.25	$0.50
Weighted Average Diluted Shares Outstanding	39.98M	39.90M	39.96M	39.61M	39.06M	39.32M	38.22M	37.80M	37.51M	37.62M	36.02M
Weighted Average Basic & Diluted Shares Outstanding	39.59M	39.54M	39.48M	38.92M	38.40M	37.93M	37.63M	37.34M	37.04M	35.72M	35.19M
Cash Dividends to Common per Share	$0.20	$5.20	$0.20	$0.20	$5.21	$0.21	$0.21	$0.21	$0.22	$0.22	$0.22

This table details how cash moves in and out of Boise Cascade's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	21	-81	73	15	94	120	344	249	-49	-236	-236
Net Cash From Operating Activities	80	152	152	164	246	295	667	1,041	687	438	254
Net Cash From Continuing Operating Activities	80	152	152	164	246	295	667	1,041	687	438	254
Net Income / (Loss) Continuing Operations	52	38	83	20	81	175	712	858	484	376	133
Consolidated Net Income / (Loss)	52	38	83	20	81	175	712	858	484	376	133
Depreciation Expense	57	75	82	149	82	97	82	104	135	147	162
Non-Cash Adjustments To Reconcile Net Income	6.81	29	12	70	11	32	8.70	11	14	15	11
Changes in Operating Assets and Liabilities, net	-36	9.51	-25	-76	72	-9.15	-137	69	55	-101	-52
Net Cash From Investing Activities	-84	-299	-73	-89	-94	-79	-106	-625	-376	-238	-263
Net Cash From Continuing Investing Activities	-84	-299	-73	-89	-94	-79	-106	-625	-376	-238	-263
Purchase of Property, Plant & Equipment	-88	-84	-75	-80	-83	-79	-107	-114	-215	-230	-241
Acquisitions	0.00	-216	0.00	-25	-16	0.00	0.00	-515	-163	-10	-33
Sale of Property, Plant & Equipment	3.13	0.64	2.24	1.21	1.84	0.71	0.93	3.90	2.66	1.97	12
Net Cash From Financing Activities	25	66	-5.19	-60	-58	-96	-218	-166	-361	-437	-227
Net Cash From Continuing Financing Activities	25	66	-5.19	-60	-58	-96	-218	-166	-361	-437	-227
Repayment of Debt	-0.70	-761	-410	-7.50	-5.99	-413	-29	-2.83	-1.83	-1.96	-53
Repurchase of Common Equity	-24	-10	0.00	-4.93	-	-	0.00	0.00	-6.43	-195	-183
Payment of Dividends	0.00	0.00	-2.70	-51	-54	-79	-214	-160	-346	-229	-35
Issuance of Debt	50	838	411	8.36	5.50	400	28	-	0.00	0.00	50
Other Financing Activities, net	-0.92	-0.38	-2.90	-5.14	-3.57	-3.31	-2.73	-3.93	-5.93	-11	-5.94

This table details how cash moves in and out of Boise Cascade's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	192	-323	-59	32	-160	-48	-151	-81	31	-35	-139
Net Cash From Operating Activities	231	166	27	142	175	95	-28	33	118	131	-16
Net Cash From Continuing Operating Activities	231	166	27	142	175	95	-28	33	118	131	-16
Net Income / (Loss) Continuing Operations	143	98	104	112	91	69	40	62	22	8.73	18
Consolidated Net Income / (Loss)	143	98	104	112	91	69	40	62	22	8.73	18
Depreciation Expense	32	40	37	35	38	38	38	38	43	42	40
Non-Cash Adjustments To Reconcile Net Income	3.96	3.91	4.20	3.92	3.99	3.16	2.97	-7.08	2.94	12	3.44
Changes in Operating Assets and Liabilities, net	52	25	-117	-9.72	42	-15	-110	-60	50	68	-77
Net Cash From Investing Activities	-30	-279	-37	-40	-63	-98	-52	-70	-54	-87	-39
Net Cash From Continuing Investing Activities	-30	-279	-37	-40	-63	-98	-52	-70	-54	-87	-39
Purchase of Property, Plant & Equipment	-31	-116	-34	-40	-62	-94	-53	-79	-55	-54	-40
Acquisitions	-	-163	-3.39	-	-2.19	-4.64	0.00	-	-	-33	-0.00
Sale of Property, Plant & Equipment	0.53	0.21	0.56	0.26	0.38	0.77	0.98	9.17	0.90	0.50	0.35
Net Cash From Financing Activities	-8.37	-211	-50	-70	-272	-45	-71	-44	-33	-79	-83
Net Cash From Continuing Financing Activities	-8.37	-211	-50	-70	-272	-45	-71	-44	-33	-79	-83
Repayment of Debt	-0.46	-0.47	-0.48	-0.48	-0.50	-0.51	-0.50	-52	-0.24	-0.26	-0.97
Repurchase of Common Equity	-	-4.89	-27	-62	-70	-36	-54	-34	-25	-70	-66
Payment of Dividends	-7.92	-206	-11	-7.86	-201	-8.33	-10	-7.90	-8.20	-8.04	-10
Other Financing Activities, net	-	-	-11	-0.14	-0.02	-	-5.91	-0.03	-	-	-6.24

This table presents Boise Cascade's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	1,249	1,439	1,607	1,581	1,693	1,966	2,573	3,241	3,459	3,369	3,242
Total Current Assets	786	760	933	986	1,023	1,309	1,886	2,064	2,057	1,886	1,654
Cash & Equivalents	184	104	177	192	285	405	749	998	950	713	477
Note & Lease Receivable	11	11	9.38	14	15	15	18	23	21	23	25
Accounts Receivable	188	200	247	215	216	376	445	297	353	322	316
Inventories, net	385	433	477	533	498	503	661	698	712	803	796
Prepaid Expenses	17	12	23	32	8.29	8.86	14	48	21	25	41
Plant, Property, & Equipment, net	403	569	566	487	477	461	495	770	933	1,047	1,157
Total Noncurrent Assets	60	110	109	108	194	195	192	406	469	436	430
Noncurrent Note & Lease Receivables	-	-	-	0.00	22	30	29	27	24	22	12
Goodwill	22	55	55	59	60	60	60	138	170	172	185
Intangible Assets	10	16	15	17	18	17	15	161	191	173	160
Noncurrent Deferred & Refundable Income Taxes	0.91	8.84	9.06	8.21	7.95	7.46	6.59	6.12	4.85	3.71	3.04
Other Noncurrent Operating Assets	12	15	16	11	73	70	71	74	79	65	70
Total Liabilities & Shareholders' Equity	1,249	1,439	1,607	1,581	1,693	1,966	2,573	3,241	3,459	3,369	3,242
Total Liabilities	714	859	933	909	992	1,115	1,220	1,183	1,263	1,218	1,167
Total Current Liabilities	259	313	382	370	385	524	641	546	594	564	493
Accounts Payable	160	196	235	212	225	309	336	271	312	299	256
Current Employee Benefit Liabilities	55	68	84	88	84	118	129	142	150	127	103
Other Current Liabilities	40	42	56	64	70	80	166	123	123	128	124
Other Current Nonoperating Liabilities	3.39	6.86	6.74	6.75	6.72	8.48	9.89	9.96	9.96	9.96	10
Total Noncurrent Liabilities	455	546	551	539	607	591	579	637	669	654	674
Long-Term Debt	345	438	438	439	441	444	445	444	445	446	445
Capital Lease Obligations	-	-	-	0.00	81	56	55	79	85	70	65
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	6.34	16	19	27	18	3.64	63	82	79	106
Noncurrent Employee Benefit Liabilities	93	83	75	41	46	26	28	33	40	42	39
Other Noncurrent Operating Liabilities	17	19	21	39	13	47	47	17	17	17	18
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	535	580	675	673	701	851	1,353	2,058	2,196	2,151	2,075
Total Preferred & Common Equity	535	580	675	673	701	851	1,353	2,058	2,196	2,151	2,075
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	535	580	675	673	701	851	1,353	2,058	2,196	2,151	2,075
Common Stock	509	516	524	529	534	538	544	552	561	565	572
Retained Earnings	243	281	361	330	357	452	949	1,646	1,780	1,928	1,504
Accumulated Other Comprehensive Income / (Loss)	-93	-83	-77	-48	-50	-1.08	-1.05	-0.52	-0.52	-0.46	-0.48

This table presents Boise Cascade's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	3,349	3,362	3,476	3,642	3,614	3,672	3,442	3,482	3,446	3,402	3,342
Total Current Assets	2,181	2,192	2,299	2,466	2,217	2,268	2,012	1,980	1,911	1,853	1,734
Cash & Equivalents	867	1,001	1,081	1,273	890	922	762	562	481	512	339
Note & Lease Receivable	18	14	13	16	13	17	17	23	18	24	29
Accounts Receivable	511	418	479	463	481	460	409	451	463	439	461
Inventories, net	767	739	703	683	815	832	792	921	919	844	878
Prepaid Expenses	18	21	23	31	18	36	32	22	30	34	28
Plant, Property, & Equipment, net	745	773	785	790	934	949	986	1,075	1,116	1,130	1,156
Total Noncurrent Assets	423	398	393	387	463	455	444	427	418	420	451
Noncurrent Note & Lease Receivables	27	26	25	25	24	24	23	22	13	12	42
Goodwill	134	138	138	138	170	170	172	172	172	172	185
Intangible Assets	170	157	153	149	186	181	177	168	163	158	154
Noncurrent Deferred & Refundable Income Taxes	7.85	6.14	5.98	5.83	4.75	4.66	4.61	3.56	3.46	3.28	2.91
Other Noncurrent Operating Assets	74	62	64	70	78	76	67	62	67	74	67
Total Liabilities & Shareholders' Equity	3,349	3,362	3,476	3,642	3,614	3,672	3,442	3,482	3,446	3,402	3,342
Total Liabilities	1,365	1,218	1,308	1,335	1,357	1,369	1,318	1,355	1,293	1,259	1,326
Total Current Liabilities	739	580	667	695	685	692	643	702	645	598	627
Accounts Payable	400	402	417	405	462	440	374	513	417	357	431
Current Employee Benefit Liabilities	148	80	107	148	69	96	122	71	99	105	93
Other Current Liabilities	174	94	133	136	127	145	142	108	119	132	97
Other Current Nonoperating Liabilities	5.08	5.09	9.96	5.07	5.08	9.96	5.09	5.07	10	5.30	5.29
Total Noncurrent Liabilities	626	638	641	640	673	677	675	652	648	661	699
Long-Term Debt	444	445	445	445	446	446	446	446	445	445	448
Capital Lease Obligations	52	46	47	73	83	81	71	41	63	67	91
Noncurrent Deferred & Payable Income Tax Liabilities	51	67	66	68	87	93	97	79	81	90	105
Noncurrent Employee Benefit Liabilities	31	33	36	36	39	40	43	39	38	39	35
Other Noncurrent Operating Liabilities	48	47	47	18	18	18	18	46	21	20	19
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,983	2,145	2,169	2,308	2,257	2,303	2,123	2,127	2,152	2,143	2,016
Total Preferred & Common Equity	1,983	2,145	2,169	2,308	2,257	2,303	2,123	2,127	2,152	2,143	2,016
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,983	2,145	2,169	2,308	2,257	2,303	2,123	2,127	2,152	2,143	2,016
Common Stock	548	549	553	557	554	558	562	563	567	570	569
Retained Earnings	1,574	1,736	1,756	1,891	1,876	1,980	1,867	1,961	2,015	1,574	1,448
Accumulated Other Comprehensive Income / (Loss)	-0.90	-0.51	-0.51	-0.50	-0.51	-0.50	-0.50	-0.45	-0.45	-0.44	-0.47

This table displays calculated financial ratios and metrics derived from Boise Cascade's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.67%	7.65%	13.31%	12.71%	-7.04%	17.91%	44.77%	5.82%	-18.47%	-1.67%	-4.75%
EBITDA Growth	-19.22%	-0.78%	41.49%	-12.97%	9.34%	97.63%	149.87%	19.64%	-40.02%	-16.33%	-45.61%
EBIT Growth	-29.10%	-18.45%	69.72%	-67.25%	181.85%	147.59%	199.09%	19.10%	-46.32%	-21.81%	-62.39%
NOPAT Growth	-29.33%	12.11%	33.34%	-33.10%	52.88%	100.68%	256.39%	18.71%	-45.95%	-21.49%	-63.18%
Net Income Growth	-34.78%	-26.69%	116.86%	-75.32%	295.20%	116.22%	307.18%	20.38%	-43.61%	-22.19%	-64.70%
EPS Growth	-34.48%	-26.32%	116.33%	-75.47%	296.15%	115.53%	304.73%	19.98%	-43.78%	-21.04%	-63.11%
Operating Cash Flow Growth	-21.12%	89.10%	-0.22%	7.95%	50.14%	19.89%	126.47%	56.11%	-33.98%	-36.24%	-42.02%
Free Cash Flow Firm Growth	-102.80%	-4,880.65%	151.46%	6.22%	3.53%	132.45%	190.57%	-33.48%	-27.17%	-31.20%	-110.11%
Invested Capital Growth	11.38%	32.73%	2.58%	-1.55%	1.97%	1.01%	17.21%	44.26%	12.13%	9.99%	7.86%
Revenue Q/Q Growth	0.40%	1.11%	4.05%	-0.52%	0.78%	7.26%	4.07%	-1.80%	0.23%	-1.13%	-1.65%
EBITDA Q/Q Growth	-11.07%	-0.17%	11.51%	-22.17%	35.67%	19.15%	14.69%	-4.55%	-3.61%	-4.71%	-17.06%
EBIT Q/Q Growth	-16.94%	-6.37%	17.57%	-70.34%	585.64%	26.70%	16.06%	-5.85%	-5.42%	-5.69%	-29.14%
NOPAT Q/Q Growth	-16.69%	25.69%	8.83%	-55.48%	431.83%	4.80%	23.72%	-6.18%	-4.74%	-6.22%	-30.23%
Net Income Q/Q Growth	-20.45%	4.84%	22.12%	-81.69%	1,455.98%	6.94%	25.13%	-5.69%	-3.94%	-7.07%	-31.17%
EPS Q/Q Growth	-19.88%	3.16%	21.84%	-81.63%	1,571.43%	7.25%	25.14%	-5.85%	-3.96%	-6.36%	-30.37%
Operating Cash Flow Q/Q Growth	-12.37%	31.34%	-2.71%	6.07%	2.98%	-14.55%	26.36%	9.14%	-8.12%	-14.07%	16.74%
Free Cash Flow Firm Q/Q Growth	-105.04%	13.22%	-7.79%	38.56%	-16.00%	-42.20%	44.87%	33.07%	-49.20%	187.62%	73.24%
Invested Capital Q/Q Growth	2.94%	1.36%	2.96%	-7.96%	2.17%	22.30%	14.04%	-0.93%	14.64%	4.26%	-1.43%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	13.21%	13.17%	13.82%	13.77%	14.59%	17.15%	20.51%	22.83%	20.90%	19.79%	16.46%
EBITDA Margin	4.41%	4.06%	5.07%	3.92%	4.61%	7.72%	13.32%	15.06%	11.08%	9.43%	5.38%
Operating Margin	2.84%	2.17%	3.19%	1.44%	2.94%	6.12%	12.26%	13.80%	9.13%	7.29%	2.86%
EBIT Margin	2.83%	2.15%	3.21%	0.93%	2.83%	5.95%	12.28%	13.82%	9.10%	7.24%	2.86%
Profit (Net Income) Margin	1.44%	0.98%	1.87%	0.41%	1.74%	3.20%	8.99%	10.23%	7.07%	5.60%	2.07%
Tax Burden Percent	64.68%	88.34%	70.55%	92.65%	74.77%	61.12%	75.09%	74.81%	74.98%	75.01%	73.82%
Interest Burden Percent	78.42%	51.61%	82.57%	47.38%	82.32%	87.96%	97.46%	98.87%	103.63%	103.10%	98.32%
Effective Tax Rate	35.32%	11.66%	29.45%	7.35%	25.23%	38.89%	24.91%	25.19%	25.02%	24.99%	26.18%
Return on Invested Capital (ROIC)	10.31%	9.42%	10.88%	7.24%	11.05%	21.85%	71.33%	64.24%	27.71%	19.60%	6.63%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.56%	-6.03%	5.08%	-11.40%	2.13%	3.37%	93.22%	66.65%	24.17%	16.66%	10.11%
Return on Net Nonoperating Assets (RNNOA)	-0.15%	-2.56%	2.35%	-4.20%	0.73%	0.70%	-6.66%	-13.95%	-4.97%	-2.29%	-0.34%
Return on Equity (ROE)	10.16%	6.86%	13.22%	3.04%	11.78%	22.55%	64.67%	50.29%	22.74%	17.32%	6.29%
Cash Return on Invested Capital (CROIC)	-0.46%	-18.70%	8.33%	8.81%	9.10%	20.84%	55.49%	28.00%	16.28%	10.09%	-0.94%
Operating Return on Assets (OROA)	8.36%	6.24%	9.35%	2.93%	8.03%	17.79%	42.90%	39.89%	18.58%	14.26%	5.54%
Return on Assets (ROA)	4.24%	2.85%	5.45%	1.28%	4.94%	9.56%	31.40%	29.51%	14.44%	11.02%	4.02%
Return on Common Equity (ROCE)	10.16%	6.86%	13.22%	3.04%	11.78%	22.55%	64.67%	50.29%	22.74%	17.32%	6.29%
Return on Equity Simple (ROE_SIMPLE)	9.76%	6.60%	12.30%	3.04%	11.54%	20.57%	52.67%	41.67%	22.03%	17.49%	0.00%
Net Operating Profit after Tax (NOPAT)	67	75	100	67	102	205	730	866	468	368	135
NOPAT Margin	1.84%	1.91%	2.25%	1.34%	2.20%	3.74%	9.21%	10.33%	6.85%	5.47%	2.11%
Net Nonoperating Expense Percent (NNEP)	10.87%	15.45%	5.80%	18.64%	8.92%	18.47%	-21.89%	-2.40%	3.54%	2.95%	-3.48%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	33.56%	17.18%	13.78%	5.23%
Cost of Revenue to Revenue	86.79%	86.83%	86.18%	86.23%	85.41%	82.85%	79.49%	77.17%	79.10%	80.21%	83.54%
SG&A Expenses to Revenue	8.88%	9.17%	8.81%	8.65%	9.95%	9.26%	7.25%	7.83%	9.86%	10.37%	11.18%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	10.37%	11.01%	10.63%	12.32%	11.65%	11.03%	8.25%	9.02%	11.77%	12.50%	13.59%
Earnings before Interest and Taxes (EBIT)	103	84	142	47	131	326	974	1,160	622	487	183
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	160	159	225	196	214	423	1,056	1,263	758	634	345
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.31	1.06	1.61	1.01	1.54	1.75	1.79	1.15	2.23	2.12	1.31
Price to Tangible Book Value (P/TBV)	1.39	1.21	1.80	1.13	1.73	1.92	1.89	1.34	2.67	2.53	1.57
Price to Revenue (P/Rev)	0.19	0.16	0.25	0.14	0.23	0.27	0.31	0.28	0.72	0.68	0.42
Price to Earnings (P/E)	13.41	16.10	13.12	33.06	13.33	8.50	3.39	2.76	10.14	12.13	20.47
Dividend Yield	0.00%	0.00%	0.25%	7.07%	1.34%	5.27%	3.94%	0.85%	2.87%	4.90%	1.17%
Earnings Yield	7.45%	6.21%	7.62%	3.02%	7.50%	11.77%	29.46%	36.27%	9.86%	8.24%	4.89%
Enterprise Value to Invested Capital (EV/IC)	1.26	1.05	1.45	1.01	1.41	1.68	1.96	1.19	2.51	2.22	1.30
Enterprise Value to Revenue (EV/Rev)	0.24	0.24	0.30	0.19	0.28	0.29	0.27	0.23	0.66	0.65	0.43
Enterprise Value to EBITDA (EV/EBITDA)	5.37	5.98	6.01	4.73	6.15	3.74	2.05	1.50	5.92	6.89	7.98
Enterprise Value to EBIT (EV/EBIT)	8.36	11.32	9.48	19.83	10.01	4.86	2.23	1.63	7.20	8.97	15.04
Enterprise Value to NOPAT (EV/NOPAT)	12.89	12.69	13.53	13.86	12.89	7.72	2.97	2.18	9.58	11.88	20.34
Enterprise Value to Operating Cash Flow (EV/OCF)	10.71	6.25	8.91	5.65	5.36	5.37	3.25	1.81	6.52	9.96	10.83
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	17.66	11.39	15.65	8.09	3.82	5.00	16.30	23.08	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.64	0.75	0.65	0.65	0.74	0.59	0.37	0.25	0.24	0.24	0.25
Long-Term Debt to Equity	0.64	0.75	0.65	0.65	0.74	0.59	0.37	0.25	0.24	0.24	0.25
Financial Leverage	0.26	0.42	0.46	0.37	0.34	0.21	-0.07	-0.21	-0.21	-0.14	-0.03
Leverage Ratio	2.40	2.41	2.43	2.37	2.38	2.36	2.06	1.70	1.57	1.57	1.56
Compound Leverage Factor	1.88	1.24	2.01	1.12	1.96	2.07	2.01	1.69	1.63	1.62	1.54
Debt to Total Capital	39.19%	43.00%	39.39%	39.52%	42.67%	37.01%	26.98%	20.27%	19.44%	19.35%	19.76%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	39.19%	43.00%	39.39%	39.52%	42.67%	37.01%	26.98%	20.27%	19.44%	19.35%	19.76%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	60.81%	57.00%	60.61%	60.48%	57.33%	62.99%	73.02%	79.73%	80.56%	80.65%	80.24%
Debt to EBITDA	2.15	2.76	1.95	2.25	2.44	1.18	0.47	0.41	0.70	0.81	1.48
Net Debt to EBITDA	1.00	2.10	1.16	1.27	1.11	0.22	-0.24	-0.38	-0.55	-0.31	0.10
Long-Term Debt to EBITDA	2.15	2.76	1.95	2.25	2.44	1.18	0.47	0.41	0.70	0.81	1.48
Debt to NOPAT	5.16	5.85	4.39	6.58	5.12	2.44	0.69	0.60	1.13	1.40	3.77
Net Debt to NOPAT	2.40	4.46	2.62	3.71	2.32	0.46	-0.34	-0.55	-0.90	-0.54	0.25
Long-Term Debt to NOPAT	5.16	5.85	4.39	6.58	5.12	2.44	0.69	0.60	1.13	1.40	3.77
Altman Z-Score	4.55	3.99	4.48	4.46	4.40	4.93	6.62	6.24	6.13	5.99	4.64
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.04	2.43	2.44	2.67	2.66	2.50	2.94	3.78	3.46	3.34	3.36
Quick Ratio	1.48	1.01	1.14	1.14	1.34	1.52	1.89	2.42	2.23	1.88	1.66
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2.98	-148	76	81	84	195	568	378	275	189	-19
Operating Cash Flow to CapEx	95.19%	183.16%	207.02%	207.69%	303.71%	374.15%	631.70%	944.68%	323.09%	192.58%	110.56%
Free Cash Flow to Firm to Interest Expense	-0.13	-3.62	3.01	3.10	3.23	4.86	22.81	14.86	10.79	7.86	-0.88
Operating Cash Flow to Interest Expense	3.57	3.71	5.97	6.25	9.43	7.33	26.81	40.97	26.96	18.21	11.63
Operating Cash Flow Less CapEx to Interest Expense	-0.18	1.68	3.09	3.24	6.32	5.37	22.56	36.64	18.62	8.76	1.11
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.95	2.91	2.91	3.13	2.84	2.99	3.49	2.89	2.04	1.97	1.94
Accounts Receivable Turnover	20.11	20.17	19.85	21.64	21.54	18.48	19.32	22.61	21.03	19.93	20.08
Inventory Turnover	8.09	8.30	8.39	8.53	7.70	9.06	10.82	9.53	7.67	7.12	6.69
Fixed Asset Turnover	9.43	8.05	7.81	9.49	9.63	11.67	16.57	13.26	8.03	6.79	5.81
Accounts Payable Turnover	20.16	19.06	17.74	19.30	18.18	17.01	19.53	21.32	18.57	17.66	19.30
Days Sales Outstanding (DSO)	18.15	18.10	18.39	16.86	16.95	19.75	18.89	16.14	17.35	18.32	18.18
Days Inventory Outstanding (DIO)	45.10	43.97	43.49	42.78	47.43	40.28	33.72	38.30	47.57	51.28	54.54
Days Payable Outstanding (DPO)	18.11	19.15	20.58	18.91	20.07	21.46	18.69	17.12	19.65	20.66	18.91
Cash Conversion Cycle (CCC)	45.14	42.92	41.29	40.73	44.30	38.57	33.92	37.31	45.27	48.94	53.81
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	682	906	929	915	933	942	1,104	1,593	1,786	1,964	2,119
Invested Capital Turnover	5.61	4.93	4.83	5.42	5.03	5.84	7.75	6.22	4.05	3.59	3.14
Increase / (Decrease) in Invested Capital	70	223	23	-14	18	9.41	162	489	193	178	154
Enterprise Value (EV)	860	949	1,350	925	1,316	1,581	2,169	1,889	4,483	4,368	2,753
Market Capitalization	700	616	1,089	677	1,079	1,487	2,418	2,364	4,903	4,565	2,719
Book Value per Share	$13.77	$14.97	$17.49	$17.29	$17.99	$21.70	$34.39	$52.17	$55.46	$56.02	$56.01
Tangible Book Value per Share	$12.95	$13.14	$15.67	$15.33	$15.99	$19.74	$32.47	$44.58	$46.34	$47.03	$46.70
Total Capital	879	1,018	1,113	1,112	1,223	1,351	1,853	2,581	2,725	2,667	2,586
Total Debt	345	438	438	439	522	500	500	523	530	516	511
Total Long-Term Debt	345	438	438	439	522	500	500	523	530	516	511
Net Debt	160	334	261	248	237	94	-249	-475	-420	-197	34
Capital Expenditures (CapEx)	84	83	73	79	81	79	106	110	213	228	230
Debt-free, Cash-free Net Working Capital (DFCFNWC)	342	344	374	424	353	379	496	520	513	609	684
Debt-free Net Working Capital (DFNWC)	527	448	551	616	638	785	1,245	1,518	1,463	1,322	1,161
Net Working Capital (NWC)	527	448	551	616	638	785	1,245	1,518	1,463	1,322	1,161
Net Nonoperating Expense (NNE)	15	37	17	46	21	30	17	8.58	-15	-8.79	2.49
Net Nonoperating Obligations (NNO)	148	326	254	242	231	91	-249	-465	-410	-187	44
Total Depreciation and Amortization (D&A)	57	75	82	149	82	97	82	104	135	147	162
Debt-free, Cash-free Net Working Capital to Revenue	9.42%	8.79%	8.44%	8.49%	7.59%	6.93%	6.26%	6.20%	7.50%	9.05%	10.68%
Debt-free Net Working Capital to Revenue	14.50%	11.44%	12.43%	12.33%	13.74%	14.34%	15.71%	18.10%	21.39%	19.66%	18.13%
Net Working Capital to Revenue	14.50%	11.44%	12.43%	12.33%	13.74%	14.34%	15.71%	18.10%	21.39%	19.66%	18.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.33	$0.99	$2.15	$0.53	$2.07	$4.45	$18.07	$21.70	$12.20	$9.63	$3.54
Adjusted Weighted Average Basic Shares Outstanding	39.24M	38.76M	38.62M	38.93M	39.04M	39.28M	39.42M	39.53M	39.65M	39.09M	37.48M
Adjusted Diluted Earnings per Share	$1.33	$0.98	$2.12	$0.52	$2.06	$4.44	$17.97	$21.56	$12.12	$9.57	$3.53
Adjusted Weighted Average Diluted Shares Outstanding	39.36M	38.93M	39.07M	39.39M	39.24M	39.43M	39.65M	39.77M	39.90M	39.32M	37.62M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	38.78M	38.38M	38.59M	38.71M	38.99M	39.20M	39.33M	39.46M	39.54M	37.93M	35.72M
Normalized Net Operating Profit after Tax (NOPAT)	67	75	100	102	102	206	730	866	468	368	135
Normalized NOPAT Margin	1.84%	1.91%	2.25%	2.05%	2.20%	3.76%	9.21%	10.33%	6.85%	5.47%	2.11%
Pre Tax Income Margin	2.22%	1.11%	2.65%	0.44%	2.33%	5.23%	11.97%	13.67%	9.43%	7.46%	2.81%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.57	2.05	5.61	1.78	5.05	8.10	39.13	45.63	24.41	20.22	8.38
NOPAT to Interest Expense	2.96	1.83	3.93	2.55	3.92	5.09	29.33	34.09	18.36	15.27	6.19
EBIT Less CapEx to Interest Expense	0.82	0.02	2.73	-1.23	1.94	6.14	34.88	41.29	16.07	10.77	-2.14
NOPAT Less CapEx to Interest Expense	-0.78	-0.20	1.05	-0.46	0.81	3.14	25.08	29.75	10.02	5.82	-4.33
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	3.26%	247.18%	66.67%	45.26%	29.99%	18.60%	71.64%	60.80%	26.07%
Augmented Payout Ratio	45.44%	26.84%	3.26%	271.26%	66.67%	45.26%	29.99%	18.60%	72.97%	112.59%	163.91%

This table displays calculated financial ratios and metrics derived from Boise Cascade's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	35,722,067.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	35,722,067.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.50
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-14.86%	0.98%	6.55%	-0.97%	-6.58%	-4.67%	-6.62%	-3.20%	-2.68%	-6.85%	-2.47%
EBITDA Growth	-33.83%	-15.05%	6.63%	-18.22%	-28.79%	-19.56%	-45.60%	-34.16%	-51.25%	-54.98%	-26.66%
EBIT Growth	-38.20%	-22.83%	4.53%	-23.21%	-36.78%	-24.36%	-59.23%	-44.55%	-72.59%	-82.58%	-49.04%
NOPAT Growth	-37.82%	-20.06%	6.49%	-22.91%	-36.06%	-26.21%	-59.85%	-43.42%	-74.20%	-85.80%	-50.01%
Net Income Growth	-34.85%	-16.89%	7.64%	-23.26%	-36.37%	-29.36%	-61.25%	-44.80%	-76.09%	-87.32%	-55.78%
EPS Growth	-35.14%	-17.01%	7.41%	-22.62%	-34.92%	-26.64%	-59.39%	-42.25%	-75.11%	-86.03%	-52.83%
Operating Cash Flow Growth	-38.92%	-26.76%	-42.78%	-41.50%	-24.39%	-43.14%	-203.69%	-76.59%	-32.16%	38.54%	43.88%
Free Cash Flow Firm Growth	145.11%	73.08%	46.71%	-10.15%	-226.32%	-9.52%	30.91%	7.52%	-2.07%	-31.81%	-23.43%
Invested Capital Growth	-3.11%	12.13%	16.55%	21.24%	20.94%	9.99%	8.27%	14.16%	14.09%	7.86%	7.98%
Revenue Q/Q Growth	1.06%	-10.37%	0.07%	9.25%	-4.67%	-8.53%	-1.98%	13.25%	-4.16%	-12.45%	2.63%
EBITDA Q/Q Growth	-2.32%	-26.04%	5.39%	7.40%	-14.93%	-16.46%	-28.73%	29.99%	-37.01%	-22.85%	16.08%
EBIT Q/Q Growth	-3.11%	-34.74%	9.89%	10.52%	-20.23%	-21.92%	-40.76%	50.30%	-60.57%	-50.39%	73.28%
NOPAT Q/Q Growth	-2.62%	-32.80%	8.81%	8.26%	-19.22%	-22.45%	-40.80%	52.59%	-63.17%	-57.30%	108.36%
Net Income Q/Q Growth	-2.22%	-31.83%	6.76%	7.84%	-18.93%	-24.32%	-41.44%	53.63%	-64.88%	-59.88%	104.28%
EPS Q/Q Growth	-2.45%	-31.84%	6.97%	8.81%	-17.96%	-23.18%	-40.78%	54.72%	-64.63%	-56.90%	100.00%
Operating Cash Flow Q/Q Growth	-4.67%	-27.97%	-83.49%	416.00%	23.21%	-45.83%	-130.11%	216.48%	257.06%	10.62%	-112.20%
Free Cash Flow Firm Q/Q Growth	191.50%	-153.27%	-68.32%	-34.25%	-4.93%	53.81%	-6.19%	-79.70%	-15.81%	40.36%	0.55%
Invested Capital Q/Q Growth	-1.51%	14.64%	6.43%	0.89%	-1.76%	4.26%	4.77%	6.37%	-1.82%	-1.43%	4.88%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	21.38%	20.32%	20.54%	19.86%	19.72%	18.99%	16.94%	17.16%	15.80%	15.85%	16.25%
EBITDA Margin	11.82%	9.76%	10.27%	10.10%	9.01%	8.23%	5.98%	6.87%	4.51%	3.98%	4.50%
Operating Margin	10.12%	7.37%	8.08%	8.18%	6.85%	5.92%	3.55%	4.63%	1.94%	1.09%	1.85%
EBIT Margin	10.07%	7.33%	8.05%	8.14%	6.81%	5.82%	3.51%	4.66%	1.92%	1.09%	1.84%
Profit (Net Income) Margin	7.80%	5.93%	6.33%	6.25%	5.31%	4.40%	2.63%	3.56%	1.31%	0.60%	1.19%
Tax Burden Percent	74.49%	76.68%	76.03%	74.47%	75.34%	73.95%	74.45%	76.91%	70.55%	61.05%	73.03%
Interest Burden Percent	104.01%	105.56%	103.42%	103.03%	103.50%	102.22%	100.37%	99.31%	96.42%	90.10%	88.80%
Effective Tax Rate	25.51%	23.32%	23.97%	25.53%	24.66%	26.05%	25.55%	23.09%	29.45%	38.95%	26.97%
Return on Invested Capital (ROIC)	32.49%	22.88%	24.15%	24.09%	20.39%	15.69%	8.83%	11.37%	4.42%	2.09%	4.03%
ROIC Less NNEP Spread (ROIC-NNEP)	31.64%	21.82%	23.45%	23.50%	19.86%	15.57%	8.94%	11.34%	5.31%	3.49%	0.45%
Return on Net Nonoperating Assets (RNNOA)	-8.30%	-4.49%	-4.64%	-5.11%	-4.43%	-2.14%	-0.87%	-0.89%	-0.29%	-0.12%	0.02%
Return on Equity (ROE)	24.19%	18.39%	19.51%	18.98%	15.96%	13.55%	7.96%	10.48%	4.13%	1.97%	4.04%
Cash Return on Invested Capital (CROIC)	34.20%	16.28%	11.58%	6.05%	3.82%	10.09%	7.57%	-0.58%	-3.55%	-0.94%	-2.30%
Operating Return on Assets (OROA)	19.65%	14.96%	16.01%	15.77%	13.08%	11.45%	6.55%	8.59%	3.65%	2.11%	3.43%
Return on Assets (ROA)	15.22%	12.11%	12.59%	12.10%	10.20%	8.66%	4.90%	6.56%	2.48%	1.16%	2.22%
Return on Common Equity (ROCE)	24.19%	18.39%	19.51%	18.98%	15.96%	13.55%	7.96%	10.48%	4.13%	1.97%	4.04%
Return on Equity Simple (ROE_SIMPLE)	21.82%	0.00%	21.75%	19.84%	19.07%	0.00%	14.70%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	138	93	101	109	88	69	41	62	23	9.74	20
NOPAT Margin	7.54%	5.65%	6.14%	6.09%	5.16%	4.37%	2.64%	3.56%	1.37%	0.67%	1.35%
Net Nonoperating Expense Percent (NNEP)	0.85%	1.06%	0.69%	0.58%	0.53%	0.11%	-0.11%	0.03%	-0.89%	-1.40%	3.57%
Return On Investment Capital (ROIC_SIMPLE)	-	3.41%	-	-	-	2.57%	1.55%	2.33%	0.86%	0.38%	0.79%
Cost of Revenue to Revenue	78.62%	79.68%	79.46%	80.14%	80.28%	81.01%	83.06%	82.84%	84.20%	84.15%	83.75%
SG&A Expenses to Revenue	9.56%	10.58%	10.28%	9.78%	10.72%	10.76%	10.98%	10.82%	11.44%	11.52%	11.79%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	11.26%	12.96%	12.46%	11.68%	12.88%	13.08%	13.39%	12.54%	13.86%	14.76%	14.40%
Earnings before Interest and Taxes (EBIT)	185	121	132	146	117	91	54	81	32	16	28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	217	160	169	182	154	129	92	120	75	58	67
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.62	2.23	2.69	2.04	2.58	2.12	1.75	1.52	1.35	1.31	1.34
Price to Tangible Book Value (P/TBV)	1.85	2.67	3.19	2.41	3.09	2.53	2.08	1.80	1.59	1.57	1.62
Price to Revenue (P/Rev)	0.55	0.72	0.87	0.68	0.81	0.68	0.56	0.50	0.44	0.42	0.43
Price to Earnings (P/E)	7.41	10.14	12.35	10.30	13.55	12.13	11.90	12.46	14.96	20.47	24.56
Dividend Yield	3.71%	2.87%	2.35%	0.67%	4.12%	4.90%	5.94%	6.73%	1.10%	1.17%	1.15%
Earnings Yield	13.49%	9.86%	8.10%	9.71%	7.38%	8.24%	8.40%	8.03%	6.69%	4.89%	4.07%
Enterprise Value to Invested Capital (EV/IC)	1.91	2.51	3.00	2.25	2.78	2.22	1.77	1.50	1.34	1.30	1.31
Enterprise Value to Revenue (EV/Rev)	0.44	0.66	0.82	0.62	0.77	0.65	0.55	0.50	0.44	0.43	0.46
Enterprise Value to EBITDA (EV/EBITDA)	3.79	5.92	7.42	5.92	7.88	6.89	6.55	6.65	6.94	7.98	9.08
Enterprise Value to EBIT (EV/EBIT)	4.52	7.20	9.08	7.38	10.16	8.97	8.93	9.60	11.18	15.04	18.59
Enterprise Value to NOPAT (EV/NOPAT)	6.06	9.58	12.02	9.76	13.38	11.88	11.88	12.69	14.89	20.34	25.30
Enterprise Value to Operating Cash Flow (EV/OCF)	3.98	6.52	8.55	7.61	10.28	9.96	9.54	12.03	13.26	10.83	10.92
Enterprise Value to Free Cash Flow (EV/FCFF)	5.50	16.30	27.89	40.76	79.69	23.08	24.33	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.22	0.24	0.23	0.23	0.24	0.24	0.23	0.24	0.24	0.25	0.27
Long-Term Debt to Equity	0.22	0.24	0.23	0.23	0.24	0.24	0.23	0.24	0.24	0.25	0.27
Financial Leverage	-0.26	-0.21	-0.20	-0.22	-0.22	-0.14	-0.10	-0.08	-0.05	-0.03	0.03
Leverage Ratio	1.63	1.57	1.59	1.60	1.60	1.57	1.62	1.60	1.60	1.56	1.65
Compound Leverage Factor	1.69	1.66	1.64	1.65	1.65	1.61	1.62	1.59	1.55	1.41	1.46
Debt to Total Capital	18.33%	19.44%	18.98%	18.62%	19.58%	19.35%	18.65%	19.09%	19.30%	19.76%	21.11%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	18.33%	19.44%	18.98%	18.62%	19.58%	19.35%	18.65%	19.09%	19.30%	19.76%	21.11%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	81.67%	80.56%	81.02%	81.38%	80.42%	80.65%	81.35%	80.91%	80.71%	80.24%	78.89%
Debt to EBITDA	0.66	0.70	0.69	0.72	0.78	0.81	0.88	1.03	1.23	1.48	1.68
Net Debt to EBITDA	-0.96	-0.55	-0.47	-0.54	-0.37	-0.31	-0.13	0.05	0.00	0.10	0.63
Long-Term Debt to EBITDA	0.66	0.70	0.69	0.72	0.78	0.81	0.88	1.03	1.23	1.48	1.68
Debt to NOPAT	1.05	1.13	1.11	1.19	1.32	1.40	1.59	1.96	2.64	3.77	4.69
Net Debt to NOPAT	-1.54	-0.90	-0.76	-0.89	-0.62	-0.54	-0.24	0.10	0.00	0.25	1.75
Long-Term Debt to NOPAT	1.05	1.13	1.11	1.19	1.32	1.40	1.59	1.96	2.64	3.77	4.69
Altman Z-Score	5.03	5.65	5.96	5.35	5.82	5.61	4.83	4.76	4.41	4.47	4.16
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.55	3.46	3.24	3.28	3.13	3.34	2.82	2.96	3.10	3.36	2.77
Quick Ratio	2.52	2.23	2.02	2.02	1.85	1.88	1.47	1.49	1.63	1.66	1.32
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	188	-100	-169	-227	-238	-110	-117	-210	-243	-145	-144
Operating Cash Flow to CapEx	758.78%	143.42%	81.32%	358.66%	284.89%	101.65%	-54.53%	47.47%	218.15%	244.96%	-40.49%
Free Cash Flow to Firm to Interest Expense	29.63	-15.56	-27.80	-37.11	-39.09	-18.90	-21.95	-40.42	-45.55	-24.02	-23.91
Operating Cash Flow to Interest Expense	36.36	25.81	4.52	23.21	28.71	16.28	-5.36	6.40	22.23	21.75	-2.66
Operating Cash Flow Less CapEx to Interest Expense	31.57	7.81	-1.04	16.74	18.63	0.26	-15.19	-7.08	12.04	12.87	-9.21
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.95	2.04	1.99	1.94	1.92	1.97	1.86	1.84	1.90	1.94	1.87
Accounts Receivable Turnover	14.00	21.03	15.45	14.75	15.60	19.93	14.20	14.22	15.37	20.08	13.96
Inventory Turnover	7.43	7.67	7.06	7.17	7.36	7.12	6.18	6.13	6.59	6.69	5.92
Fixed Asset Turnover	8.89	8.03	8.13	7.99	7.66	6.79	6.58	6.35	6.16	5.81	5.71
Accounts Payable Turnover	13.38	18.57	12.71	12.83	13.94	17.66	11.01	12.51	14.75	19.30	11.29
Days Sales Outstanding (DSO)	26.07	17.35	23.63	24.75	23.40	18.32	25.70	25.68	23.75	18.18	26.15
Days Inventory Outstanding (DIO)	49.13	47.57	51.67	50.94	49.56	51.28	59.08	59.59	55.40	54.54	61.61
Days Payable Outstanding (DPO)	27.29	19.65	28.72	28.45	26.19	20.66	33.16	29.18	24.74	18.91	32.32
Cash Conversion Cycle (CCC)	47.91	45.27	46.58	47.25	46.78	48.94	51.63	56.09	54.41	53.81	55.44
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,558	1,786	1,901	1,918	1,884	1,964	2,058	2,189	2,149	2,119	2,222
Invested Capital Turnover	4.31	4.05	3.93	3.96	3.95	3.59	3.34	3.19	3.23	3.14	2.98
Increase / (Decrease) in Invested Capital	-50	193	270	336	326	178	157	271	265	154	164
Enterprise Value (EV)	2,977	4,483	5,701	4,311	5,242	4,368	3,647	3,294	2,888	2,753	2,910
Market Capitalization	3,732	4,903	6,063	4,707	5,487	4,565	3,721	3,267	2,887	2,719	2,710
Book Value per Share	$58.29	$55.46	$56.99	$58.33	$54.56	$56.02	$56.07	$57.19	$57.41	$56.01	$56.43
Tangible Book Value per Share	$51.05	$46.34	$48.00	$49.44	$45.59	$47.03	$47.11	$48.29	$48.58	$46.70	$46.92
Total Capital	2,826	2,725	2,786	2,830	2,640	2,667	2,615	2,660	2,656	2,586	2,556
Total Debt	518	530	529	527	517	516	488	508	512	511	540
Total Long-Term Debt	518	530	529	527	517	516	488	508	512	511	540
Net Debt	-755	-420	-362	-395	-245	-197	-74	27	0.67	34	201
Capital Expenditures (CapEx)	30	116	34	40	61	93	52	70	54	53	39
Debt-free, Cash-free Net Working Capital (DFCFNWC)	499	513	642	654	607	609	715	785	743	684	769
Debt-free Net Working Capital (DFNWC)	1,772	1,463	1,532	1,576	1,369	1,322	1,277	1,266	1,255	1,161	1,107
Net Working Capital (NWC)	1,772	1,463	1,532	1,576	1,369	1,322	1,277	1,266	1,255	1,161	1,107
Net Nonoperating Expense (NNE)	-4.80	-4.62	-3.02	-2.84	-2.62	-0.34	0.24	-0.05	1.04	1.00	2.45
Net Nonoperating Obligations (NNO)	-750	-410	-356	-385	-240	-187	-69	37	5.97	44	206
Total Depreciation and Amortization (D&A)	32	40	37	35	38	38	38	38	43	42	40
Debt-free, Cash-free Net Working Capital to Revenue	7.31%	7.50%	9.25%	9.45%	8.93%	9.05%	10.81%	11.97%	11.41%	10.68%	12.07%
Debt-free Net Working Capital to Revenue	25.97%	21.39%	22.08%	22.77%	20.13%	19.66%	19.30%	19.30%	19.27%	18.13%	17.39%
Net Working Capital to Revenue	25.97%	21.39%	22.08%	22.77%	20.13%	19.66%	19.30%	19.30%	19.27%	18.13%	17.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.61	$2.46	$2.63	$2.85	$2.34	$1.81	$1.06	$1.64	$0.58	$0.26	$0.50
Adjusted Weighted Average Basic Shares Outstanding	39.68M	39.65M	39.61M	39.41M	38.85M	39.09M	38.02M	37.68M	37.39M	37.48M	35.91M
Adjusted Diluted Earnings per Share	$3.58	$2.44	$2.61	$2.84	$2.33	$1.79	$1.06	$1.64	$0.58	$0.25	$0.50
Adjusted Weighted Average Diluted Shares Outstanding	39.98M	39.90M	39.96M	39.61M	39.06M	39.32M	38.22M	37.80M	37.51M	37.62M	36.02M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	39.59M	39.54M	39.48M	38.92M	38.40M	37.93M	37.63M	37.34M	37.04M	35.72M	35.19M
Normalized Net Operating Profit after Tax (NOPAT)	138	93	101	109	88	69	41	62	23	9.74	20
Normalized NOPAT Margin	7.54%	5.65%	6.14%	6.09%	5.16%	4.37%	2.64%	3.56%	1.37%	0.67%	1.35%
Pre Tax Income Margin	10.47%	7.74%	8.32%	8.39%	7.05%	5.94%	3.53%	4.63%	1.85%	0.98%	1.63%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	29.08	18.70	21.82	23.97	19.20	15.69	10.16	15.66	6.01	2.64	4.57
NOPAT to Interest Expense	21.77	14.42	16.66	17.93	14.54	11.80	7.64	11.95	4.28	1.62	3.37
EBIT Less CapEx to Interest Expense	24.28	0.70	16.25	17.50	9.12	-0.32	0.33	2.18	-4.18	-6.24	-1.99
NOPAT Less CapEx to Interest Expense	16.98	-3.58	11.09	11.46	4.46	-4.21	-2.19	-1.53	-5.91	-7.26	-3.19
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	37.03%	71.64%	71.16%	50.89%	105.21%	60.80%	72.97%	86.98%	18.09%	26.07%	31.28%
Augmented Payout Ratio	37.33%	72.97%	77.66%	71.41%	145.56%	112.59%	143.94%	160.87%	95.34%	163.91%	207.78%

Financials Breakdown Chart

Key Financial Trends

Here is a concise year-over-year trend snapshot for Boise Cascade (BCC) using the latest four years of quarterly data. The focus is on profitability, cash flow, and balance-sheet strength to help retail investors gauge resilience and capital allocation trends.

Net income remained positive in all four 2025 quarters (Q1: about $40.3M; Q2: about $61.9M; Q3: about $21.8M; Q4: about $8.7M), signaling ongoing profitability despite quarterly swings.
Gross margins stayed around a stable 16% range across 2025, with gross profit roughly $260–$300M on roughly $1.46–$1.67B of revenue, indicating persistent production profitability.
Cash flow from operations turned positive by Q3 2025 and remained strong in Q4 2025 (Q3 CFO roughly $118.4M; Q4 CFO about $131.0M), improving liquidity versus the earlier quarters.
Free cash flow was positive in Q3 and Q4 2025 (approx. $64.1M in Q3 and $44.1M in Q4 after capex), signaling cash generation after capital expenditures.
Dividends per share remained steady around $0.21–$0.22 per quarter, providing consistent income for shareholders (Q1: $0.21; Q2: $0.21; Q3: $0.22; Q4: $0.22).
Balance sheet shows solid liquidity and a strong equity base, with cash around $0.5B and total equity near $2.1B (Q3 2025: cash ~$0.512B; total equity ~$2.143B).
Debt posture remains modest and stable, with long-term debt around $445M and relatively modest interest expense (Q3 2025 interest expense around $6.0M, or similar quarterly level), indicating manageable leverage.
Revenue generally held within a narrow band of roughly $1.46B–$1.67B per quarter in 2025, suggesting steady scale but no clear growth trajectory yet.
Early-2025 cash flow from operations dipped into negative territory (Q1 and Q2 2025 CFO were negative), signaling temporary liquidity pressure during the year’s first half.
Q4 2025 net income declined versus earlier 2025 quarters (Q4 around $8.7M vs higher levels in Q2–Q3), indicating near-term margin pressure despite positive full-year profitability.

05/27/26 07:51 AM ETAI Generated. May Contain Errors.

Boise Cascade Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Boise Cascade's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Boise Cascade's net income appears to be on an upward trend, with a most recent value of $132.84 million in 2025, rising from $52.18 million in 2015. The previous period was $376.35 million in 2024. View Boise Cascade's forecast to see where analysts expect Boise Cascade to go next.

Boise Cascade's total operating income in 2025 was $183.33 million, based on the following breakdown:

Total Gross Profit: $1.05 billion
Total Operating Expenses: $870.56 million

Over the last 10 years, Boise Cascade's total revenue changed from $3.63 billion in 2015 to $6.40 billion in 2025, a change of 76.3%.

Boise Cascade's total liabilities were at $1.17 billion at the end of 2025, a 4.2% decrease from 2024, and a 63.5% increase since 2015.

In the past 10 years, Boise Cascade's cash and equivalents has ranged from $103.98 million in 2016 to $998.34 million in 2022, and is currently $477.22 million as of their latest financial filing in 2025.

Over the last 10 years, Boise Cascade's book value per share changed from 13.77 in 2015 to 56.01 in 2025, a change of 306.7%.

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Financial statements for NYSE:BCC last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Boise Cascade (BCC) Financials

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