BCCNYSEWholesale-Lumber & Other Construction MaterialsFiscal year ends December 31
BOISE CASCADE Co
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$75.12−1.01 (-1.33%)
Close on Oct 19, 2026
- Market cap
- $2.65B
- P/E (TTM)
- 25.5
- Dividend yield
- 1.14%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
16.5%−0.7 pts over 5 years
Operating margin
2.9%−3.3 pts over 5 years
Net margin
2.1%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -4.8% | -8.6% | +3.2% | +5.8% | |
| Gross profit | -20.8% | -18.0% | +2.3% | – | |
| Operating income | -62.6% | -45.9% | -11.4% | +5.9% | |
| Net income | -64.7% | -46.3% | – | – | |
| EPS, diluted | -63.1% | -45.3% | -4.5% | +10.3% | |
| Free cash flow | -93.9% | -76.1% | -43.2% | – | |
| Dividend per share | -85.2% | -40.1% | -15.5% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 6.3% | |
| Return on assets | – | – | 4.0% | |
| Current ratio | 2.43 | 2.50 | 3.36 | |
| Debt to equity | 0.75 | 0.52 | 0.21 | |
| Net debt to EBITDA | 2.12× | 0.09× | -0.09× | |
| Interest coverage | 3.2× | 12.8× | 8.4× | |
| Inventory turnover | – | 9.1× | 6.7× | |
| Capex to revenue | 2.1% | 1.5% | 3.8% | |
| Diluted shares | 39M | 39M | 38M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Boise Cascade generated $3.09B from operations and spent $2.27B on capital expenditure, dividends and share buybacks. 40% of that went back into the business.
Generated
$3.09B
Used
$2.27B
Capital expenditure$907.07M40%Dividends$983.18M43%Share buybacks$384.44M17%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.1%
×Asset turnover1.94×
×Equity multiplier1.56×
=Return on equity, FY20256.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.1% | 1.94× | 1.56× | 6.3% |
| FY2024 | 5.6% | 1.97× | 1.57× | 17.3% |
| FY2023 | 7.1% | 2.04× | 1.57× | 22.7% |
| FY2022 | 10.2% | 2.89× | 1.70× | 50.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$132.84M
- Cash generatingOperating cash flow above zero$254.15M
- Return on assets improvedROA up on the prior year10.9% → 3.9%
- Earnings backed by cashOperating cash flow above net income$254.15M vs $132.84M
- Less leverageLong-term debt to assets fell13.2% → 13.7%
- Better liquidityCurrent ratio rose3.34 → 3.36
- No dilutionShare count did not rise39M → 38M
- Gross margin improvedGross margin up on the prior year19.79% → 16.46%
- More efficientAsset turnover rose1.94 → 1.90