Boise Cascade Company engages in the manufacture and sale of engineered wood products and plywood and wholesale distribution of building materials in the United States and Canada. It operates through two segments, Wood Products and Building Materials Distribution. The Wood Products segment manufactures laminated veneer lumber and beams for use in headers and beams; I-joists for residential and commercial flooring and roofing systems and other structural applications; structural, appearance, and industrial grade plywood panels; and ponderosa pine lumber and appearance grade boards. The Building Materials Distribution segment distributes a line of building materials, including oriented strand boards, plywood, and lumber; general line items, such as siding, composite decking, doors and millwork, metal products, insulation, and roofing; and engineered wood products. It markets and sells its products to dealers, home improvement centers, wholesalers, specialty distributors, and industrial converters for use in the construction of new residential housing, repair and remodeling of existing housing, construction of light industrial and commercial buildings, and other industrial applications through warehouse and direct sales. The company was incorporated in 2004 and is headquartered in Boise, Idaho.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $6.4B | $364M | $133M | $13M | 6.4% | -4.8% | -64.7% |
| 2024 | $6.7B | $673M | $376M | $209M | 17.5% | -1.7% | -22.2% |
| 2023 | $6.8B | $806M | $484M | $472M | 22.0% | -18.5% | -43.6% |
| 2022 | $8.4B | $1.3B | $858M | $927M | 41.7% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 8,387.31 | 6,838.24 | 6,724.29 | 6,404.60 |
| Cost Of Revenue | - | 6,472.54 | 5,409.31 | 5,393.61 | 5,350.70 |
| Gross Profit | - | 1,914.77 | 1,428.93 | 1,330.69 | 1,053.89 |
| Operating Expense | - | 757.21 | 804.71 | 840.80 | 870.70 |
| Operating Income | - | 1,157.56 | 624.22 | 489.89 | 183.20 |
| EBITDA | - | 1,275.67 | 805.96 | 673.23 | 363.65 |
| EBIT | - | 1,171.79 | 670.54 | 525.83 | 201.80 |
| Pretax Income | - | 1,146.38 | 645.05 | 501.76 | 179.95 |
| Tax Provision | - | 288.72 | 161.39 | 125.40 | 47.12 |
| Net Income | - | 857.66 | 483.66 | 376.35 | 132.84 |
| Net Income Common Stockholders | - | 857.66 | 483.66 | 376.35 | 132.84 |
| Total Expenses | - | 7,229.75 | 6,214.02 | 6,234.40 | 6,221.40 |
| Interest Expense | - | 25.41 | 25.50 | 24.07 | 21.85 |
| Interest Income | - | 12.26 | 48.11 | 39.14 | 18.77 |
| Selling General And Administration | - | 657.30 | 674.10 | 697.39 | 716.08 |
| Normalized EBITDA | - | 1,273.70 | 807.74 | 676.43 | 363.81 |
| Normalized Income | - | 856.18 | 484.99 | 378.76 | 132.96 |
| Market Cap | 3,017.31 | 3,017.31 | 3,017.31 | 3,017.31 | 3,017.31 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Boise Cascade Companythis co. | BCC | - | 22.71β discount | 1.45 | 6.4% | 8.39 |
| Eastman Chemical Company | EMN | $8.2B | 17.37 | 1.38 | 8.0% | 9.58 |
| The Mosaic Company | MOS | $7.6B | 14.11 | 0.63 | 4.5% | 5.04 |
| Sensient Technologies Corporation | SXT | $5.2B | 38.96 | 4.39 | 11.3% | 22.05 |
| Warrior Met Coal, Inc. | HCC | $4.6B |
| - |
| - |
| - |
| - |
| - |
| 80.28 |
| 2.14 |
| 2.7% |
| 17.99 |
| Materion Corporation | MTRN | $3.9B | 51.68 | 4.10 | 7.9% | 24.19 |
| Hawkins, Inc. | HWKN | $3.6B | 42.30 | 7.75 | 18.3% | 23.30 |
| H.B. Fuller Company | FUL | $3.4B | 22.53 | 1.71 | 7.6% | 10.23 |
| WD-40 Company | WDFC | $3.1B | 33.27 | 11.29 | 33.9% | 27.08 |
| Peer Median | - | 36.11 | 3.12 | 7.9% | 20.02 | |