Company Analysis

West Fraser Timber Co. Ltd (WFG)

NYSE: WFG · Sawmills & Planting Mills, General · Vancouver, BC · filing with the SEC since 2007
Grade4.3
◀ Past 5.5● Present 4.4▶ Future 3.1
1 est.

The grade of West Fraser Timber Co. Ltd

Nine metrics read from its own filings, by tense
Headline grade
4.3/10
◀ Past5.530% of the headline
● Present4.440% of the headline
▶ Future3.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.5/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.0/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 70th percentile among 10 sector filers · read for itself

From the record

West Fraser Timber Co. Ltd's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.4/10

What has it actually done, year after year?

+4.5% a year over 6 filed years; profitable in 3 of 6.

weight 45% of this tense · 24th percentile among 10 sector filers · read for its customers

From the record

West Fraser Timber Co. Ltd's 6 filed years say what it did: revenue went from $4.4 billion in fiscal 2020 to $5.5 billion in fiscal 2025, up 4.5% a year; it rose in 1 of 5 years; the deepest fall was 48% from fiscal 2021 to fiscal 2025; net income was positive in 3 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span4.5%top 35% of its family
  • the share of years revenue rosebottom 5% of its family
  • the share of filed years with a profitbottom 10% of its family
  • the deepest fall from a revenue peak48.1%bottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
9.5/10

How has it treated the people who own it?

Share count shrank 5.6% a year. 55% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 95th percentile among 9 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, West Fraser Timber Co. Ltd's diluted share count shrank about 5.6% a year, and dividends and buybacks returned about 55% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 6% of its family
  • cash returned against operating cash flowtop 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.4/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.3/10

Is it financially healthy right now?

ROE -16%: lost 16¢ per shareholder dollar. Leverage 23%: owes 23¢ per asset dollar.

weight 45% of this tense · 43rd percentile among 10 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, West Fraser Timber Co. Ltd lost about 16 cents for every dollar of shareholders' money, and gross profitability: its products earned about 17 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 23 cents per dollar of assets, and net share issuance: its share count shrank 2.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 15% of its family
  • return on equitybottom 25% of its family
  • gross profit against assetsbottom 25% of its family
  • the share count against the year beforebottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.2/10

How strong is its position in its industry?

bottom 42% of 10 in its family; net margin -17.2%.

weight 33% of this tense · 42nd percentile among 10 sector filers · read for its customers

From the record

West Fraser Timber Co. Ltd's standing among 10 graded names in its industry family: revenue of $5.5 billion in fiscal 2025 ranks in the top 15% by size; a net margin of -17.2% ranks in the bottom 25%; revenue growth of -17.4% a year over the last 3 filed years ranks in the bottom 15% (its annual reports).

What it rests on

  • revenue against the family$5.46Btop 15% of its family
  • net margin-17.2%bottom 25% of its family
  • three-year revenue growth-17.4%bottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 8 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 8 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
family median, 8 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: West Fraser Timber Co. Ltd's leadership is put at 5.0 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 8 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

3.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.8/10

How much room does it have to grow?

bottom 28% of 10 in its family for room to expand.

weight 45% of this tense · 28th percentile among 10 sector filers · read for itself

From the record

West Fraser Timber Co. Ltd's room to grow, from the newest filed statements (fiscal 2025): cash of $202 million against debt of $371 million leaves -2.2% of its assets as net cash, bottom 45% of its family; cash from operations less capital spending is -5.8% of revenue (bottom 5%); a gross margin of 23.4% (bottom 35%) (its annual report).

What it rests on

  • cash less debt against assets-2.2%bottom 45% of its family
  • cash from operations less capital spending against revenue-5.8%bottom 5% of its family
  • gross margin23.4%bottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.8/10

What could actually drive growth from here?

bottom 28% of 10 in its family for growth drivers.

weight 33% of this tense · 28th percentile among 10 sector filers · read for its customers

From the record

West Fraser Timber Co. Ltd's growth drivers, from the filed years to fiscal 2025: revenue grew -17.4% a year over the last three filed years against 4.5% over all 6, slowing (bottom 5% of its family); the newest year grew -11.5% (bottom 25%); capital spending grew -4.8% a year (top 45%) (its annual reports). West Fraser Timber Co. Ltd tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-22.0 points a yearbottom 5% of its family
  • the newest year's revenue growth-11.5%bottom 25% of its family
  • three-year growth of capital spending-4.8%top 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.8/10

Did its newest year beat what its own record pointed to?

bottom 38% of 10 in its family for expectations against reality.

weight 22% of this tense · 38th percentile among 10 sector filers · read for its shareholders

From the record

West Fraser Timber Co. Ltd's newest year against its own record: revenue of $5.5 billion in fiscal 2025 came in 10.9% above the $4.9 billion its prior three years' pace pointed to (top 25% of its family); net income of $937 million against a prior three-year average of $601 million (bottom 25%); a net margin of -17.2% against 5.9% before (bottom 15%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace10.9%top 25% of its family
  • net income against the prior three years' average-256%bottom 25% of its family
  • net margin against its prior average-23.1 pointsbottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton WFG · research, not advice