WEST FRASER TIMBER CO., LTD (WFG)
West Fraser Timber Co. Ltd. operates as a diverse forest products enterprise, actively involved in the creation, promotion, sale, and distribution of a wide array of wood-based goods. Its offerings encompass various types of lumber, including spruce-pine-fir, southern yellow pine, and treated wood, alongside engineered wood products such as medium density fiberboard (MDF) panels, plywood, oriented strand board (OSB), and laminated veneer lumber (LVL). The company also manufactures northern bleached softwood Kraft (NBSK) and bleached chemical thermo-mechanical pulp (BCTMP, which are integral to the production of diverse paper products like printing, writing, specialty, and tissue papers. Furthermore, West Fraser provides newsprint, wood chips, other residual materials, and renewable energy. Its extensive customer base includes major retail chains, building contractor suppliers, wholesalers, and industrial clients who either process the products further or use them as components in their own manufacturing. With a global reach, the company distributes its offerings across Canada, the United States, China, Europe, Asia, and many other international markets. Established in 1955, West Fraser Timber Co. Ltd. is based in Vancouver, Canada.
Sector: Sawmills & Planting Mills, General
Industry: Paper, Lumber & Forest Products
West Fraser Timber Co. Ltd.
NYSE:WFGBasic Materials · Paper, Lumber & Forest Products
-1.98%$67.86
Prev close$69.23-1.98%Close$67.860.00%AH close$67.86
AH$67.86+0.00%vs close
Mkt Cap$5.31B
Float64.31M
O/S78.3M
Inst Own51.0%
SI4.2%
EarningsFeb 10 · in 3mo
Div Yield1.89%
Dilution
Financials Summary
Revenue$5.55B
Net Income-$952.63M
Total Assets$7.6B
Free Cash Flow-$315M
Debt & Equity
Debt 5%
Equity 95%
Total Debt$332.73M
Total Equity$5.83B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in WFG's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$7.6B
Liabilities$1.77B
Accounts Receivable$322.15M
Accounts Payable$582.46M
Inventory$825.82M
PP&E (Net)$3.58B
Goodwill$1.47B
Intangible Assets$588.45M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
| Revenue | $5.55B | $6.17B | $6.45B | $9.7B | $10.52B | $5.56B | $5.01B | $4.49B | $4.08B | $3.31B | $4.1B | $3.32B | $3.26B | $3.02B | $2.71B | $2.89B | $2.49B | $2.62B | $3.35B | $2.85B | $3.08B | $2B | $1.16B | $1.04B | $981.36M | $1B | $1.52B | $1.21B | $1.31B | $1.2B | $1.09B |
| YoY Growth | -10.1% | -4.3% | -33.5% | -7.8% | 89.0% | 11.1% | 11.5% | 10.0% | 23.3% | -19.2% | 23.4% | 1.8% | 8.2% | 11.5% | -6.2% | 15.7% | -4.8% | -21.8% | 17.3% | -7.3% | 54.3% | 71.7% | 12.2% | 5.6% | -2.2% | -34.1% | 25.7% | -7.3% | 9.1% | 9.5% | - |
| Cost of Revenue | $5.59B | $4.33B | $4.68B | $5.14B | $4.64B | $2.69B | $2.8B | $2.66B | $2.48B | $2.21B | $2.07B | $2.19B | $2.12B | $2.03B | $1.88B | $2.25B | $2.32B | $1.94B | $2.56B | $2.44B | $2.6B | $1.55B | $993.04M | $790.04M | $742.03M | $1.1B | $1.17B | $999.03M | $1.03B | $921.48M | $827.7M |
| Gross Profit | -$32.53M | $1.84B | $1.77B | $4.56B | $5.87B | $1.89B | $937.78M | $1.84B | $1.6B | $1.1B | $883.48M | $1.14B | $1.21B | $985.09M | $828.11M | $637.9M | $176.2M | $678.06M | $792.32M | $416.97M | $483.48M | $447.89M | $169.96M | $246.76M | $239.33M | $444.42M | $355.1M | $212M | $271.98M | $276.56M | $266.08M |
| Gross Margin | -0.6% | 29.8% | 27.4% | 47.0% | 55.8% | 34.1% | 18.7% | 40.9% | 39.2% | 33.2% | 21.5% | 34.2% | 37.2% | 32.7% | 30.6% | 22.1% | 7.1% | 25.9% | 23.7% | 14.6% | 15.7% | 22.4% | 14.6% | 23.8% | 24.4% | 44.3% | 23.3% | 17.5% | 20.8% | 23.1% | 24.3% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.04B | $1.11B | $1.23B | $1.33B | $1.2B | $758.34M | $711.95M | $712.17M | $701.39M | $595.19M | $545.51M | $639.18M | $634.88M | $656.39M | $550.73M | $140.38M | $102.95M | $528.27M | $603.88M | $96.66M | $98.72M | $80.68M | $53.29M | $43.94M | $44.28M | $161.34M | $46.81M | $51.67M | $54.86M | $48.45M | $46.78M |
| Other | -$585.1M | $723M | $827M | $667M | $730M | $275.26M | -$489.03M | $337M | $205.17M | $146.57M | $158.54M | $146.44M | $181.26M | $201.04M | $220.76M | $240.86M | $253.27M | $275.68M | $352.46M | -$16.45M | $219.89M | $127.99M | $109.72M | $70.14M | $77.44M | $97.14M | $93.14M | $95.41M | $96.3M | $85.08M | $73.03M |
| Total Operating Expenses | $450.39M | $1.83B | $2.05B | $2B | $1.93B | $1.03B | $222.92M | $1.05B | $906.56M | $741.76M | $704.05M | $785.62M | $816.14M | $857.43M | $771.5M | $381.24M | $356.22M | $803.94M | $956.35M | $80.21M | $318.61M | $208.67M | $163.01M | $114.08M | $121.72M | $258.48M | $139.95M | $147.07M | $151.15M | $133.54M | $119.8M |
| Operating Income (EBIT) | -$482.92M | $7M | -$284M | $2.56B | $3.94B | $1.06B | $42.12M | $787.06M | $691.85M | $358.6M | $249M | $349.74M | $350.35M | $115.63M | $56.61M | $276.11M | -$188.65M | -$125.88M | -$164.02M | $336.73M | $164.87M | $239.21M | $6.95M | $132.67M | $117.61M | $162.15M | $215.14M | $64.92M | $120.82M | $143.02M | $146.27M |
| Operating Margin | -8.7% | 0.1% | -4.4% | 26.4% | 37.5% | 19.0% | 0.8% | 17.5% | 16.9% | 10.8% | 6.1% | 10.5% | 10.7% | 3.8% | 2.1% | 9.6% | -7.6% | -4.8% | -4.9% | 11.8% | 5.4% | 12.0% | 0.6% | 12.8% | 12.0% | 16.2% | 14.1% | 5.4% | 9.2% | 11.9% | 13.4% |
| Interest Expense | $19.32M | $26M | $24.44M | $23.05M | $47.58M | $33.75M | $33.93M | $24.89M | $24M | $24M | $24M | $24M | $18.82M | $20.09M | $20.86M | $26.6M | $28.92M | $26.15M | $0 | $37.57M | $44.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $24.4M | $59.98M | $75.36M | $25.93M | $10.9M | $13.34M | $3.08M | $5.13M | $0 | $0 | $0 | $0 | $941K | $1M | $0 | $0 | $0 | $0 | $0 | $50M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$707.61M | $31M | $56M | $34M | -$47M | -$52.17M | -$267.09M | -$206.34M | -$19.09M | -$28.27M | -$93M | -$26.7M | -$49.37M | -$12.17M | -$12.73M | -$19.41M | -$184.14M | -$55.22M | $18.19M | $111.35M | -$34.48M | $7.62M | $20.99M | -$15M | -$27.41M | -$20.79M | -$39.36M | -$47.18M | -$39.55M | -$42.1M | -$34.68M |
| Income Before Tax (EBT) | -$1.19B | $38M | -$228M | $2.59B | $3.9B | $1.01B | -$224.97M | $787.06M | $672.76M | $330.33M | $156M | $323.04M | $300.98M | $103.46M | $43.98M | $256.71M | -$372.79M | -$181.1M | -$145.83M | $448.08M | $130.39M | $246.83M | $27.95M | $117.67M | $90.05M | $141.36M | $175.79M | $17.74M | $81.34M | $100.92M | $111.59M |
| Income Tax Expense | -$237.9M | $43M | -$61M | $618M | $951M | $257.03M | -$52.82M | $192.36M | $198.81M | $87.79M | $52M | $99.93M | -$30.05M | $28.15M | $18.06M | $73.9M | -$31.72M | -$68.45M | -$111.18M | $106.26M | $38.76M | $70.5M | -$5.3M | $35.7M | $21.68M | $48.38M | $74.02M | $14.1M | $32.77M | $33.57M | $41.35M |
| Net Income | -$952.63M | -$5M | -$167M | $1.98B | $2.95B | $777.75M | -$114.83M | $594.7M | $473.96M | $242.54M | $74.94M | $223.11M | $327.77M | $77.4M | $71.2M | $186.37M | -$325.47M | -$112.65M | -$34.65M | $341.45M | $92.69M | $176.33M | $33.25M | $87.38M | $79.45M | $87.67M | $101.77M | $3.64M | $48.57M | $67.35M | $70.24M |
| Net Income Margin | -17.2% | -0.1% | -2.6% | 20.4% | 28.0% | 14.0% | -2.3% | 13.2% | 11.6% | 7.3% | 1.8% | 6.7% | 10.0% | 2.6% | 2.6% | 6.5% | -13.0% | -4.3% | -1.0% | 12.0% | 3.0% | 8.8% | 2.9% | 8.4% | 8.1% | 8.7% | 6.7% | 0.3% | 3.7% | 5.6% | 6.4% |
| Supplementary Data | |||||||||||||||||||||||||||||||
| EPS | -12.06 | -0.07 | -2.01 | 21.06 | 27.03 | 8.87 | -2.18 | 10.88 | 7.63 | 3.02 | 1.25 | 3.06 | 4.07 | 1.02 | 0.83 | 2.17 | -3.80 | -1.32 | -0.40 | 3.99 | 1.08 | 2.39 | 0.45 | 1.19 | 1.16 | 1.41 | 1.68 | 0.02 | 0.81 | 1.15 | 1.30 |
| Diluted EPS | -12.06 | -0.07 | -2.01 | 20.86 | 27.03 | 8.87 | -2.41 | 10.63 | 7.63 | 2.90 | 0.64 | 3.24 | 4.24 | 0.90 | 0.73 | 2.43 | -3.80 | -1.32 | -0.40 | 3.96 | 1.07 | 2.23 | 0.45 | 1.18 | 1.16 | 1.38 | 1.64 | 0.02 | 0.80 | 1.13 | 1.29 |
| Weighted Average OS | 78.98M | 80.86M | 83.20M | 93.76M | 109.02M | 68.67M | 68.88M | 74.45M | 78.10M | 80.24M | 83.10M | 84.74M | 85.71M | 85.71M | 85.71M | 85.65M | 85.62M | 85.61M | 85.58M | 85.50M | 85.44M | 73.73M | 73.63M | 73.51M | 60.71M | 60.67M | 60.16M | 52.80M | 58.01M | 56.84M | 53.50M |
| EBITDA | -$627.21M | $614M | $336M | $3.21B | $4.53B | $1.02B | $64.31M | $1B | $859.64M | $647.97M | $380.64M | $534.52M | $517.65M | $275.42M | $229.19M | $467.63M | $45.05M | $100.49M | $103.78M | $552.84M | $384.77M | $367.21M | $116.68M | $218.7M | $204.15M | $250.61M | $308.29M | $160.33M | $217.12M | $228.11M | $219.3M |
| EBITDA Margin | -11.3% | 9.9% | 5.2% | 33.0% | 43.1% | 18.4% | 1.3% | 22.3% | 21.1% | 19.6% | 9.3% | 16.1% | 15.9% | 9.1% | 8.5% | 16.2% | 1.8% | 3.8% | 3.1% | 19.4% | 12.5% | 18.4% | 10.0% | 21.1% | 20.8% | 25.0% | 20.3% | 13.2% | 16.6% | 19.0% | 20.0% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
| Assets | |||||||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $201.47M | $641M | $900M | $1.16B | $2B | $586.59M | $12.34M | $160M | $258M | $50M | $13M | $21M | $162M | $102M | $68M | $0 | -$39.63M | $0 | $17.39M | $519.54M | $53.56M | $290.78M | $205.02M | $122.54M | $169.64M | $0 | $67.32M | $0 | $18.45M | $6.71M | $7.77M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $530K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $201.47M | $641M | $900M | $1.16B | $2B | $586.59M | $12.34M | $160M | $205.17M | $37.2M | $13M | $18.09M | $152.15M | $102.53M | $67.66M | $164M | $12.01M | $17.67M | $17.39M | $519.54M | $53.56M | $290.78M | $205.02M | $122.54M | $169.64M | $0 | $67.32M | $0 | $18.45M | $6.71M | $7.77M |
| Accounts Receivable | $322.15M | $316M | $404M | $495M | $700.02M | $310.47M | $303.07M | $268M | $279.92M | $220.97M | $252M | $235M | $229M | $252.3M | $270.55M | $247.35M | $268.41M | $244.72M | $332.38M | $258.17M | $265.63M | $246.45M | $121.88M | $110.52M | $106.56M | $150.05M | $128.56M | $114.9M | $110.76M | $113.47M | $131.61M |
| Inventory | $825.82M | $844M | $851M | $1.03B | $1.35B | $735.46M | $562.17M | $791M | $532.8M | $432.26M | $631M | $504.8M | $487.43M | $461.39M | $396.99M | $374.45M | $408.02M | $447.47M | $522.48M | $456.31M | $492.51M | $450.16M | $250.03M | $202.91M | $191.93M | $349.1M | $345.29M | $291.41M | $292.73M | $273.79M | $266.66M |
| Other Current Assets | $0 | $0 | $182M | $0 | $0 | $52.17M | $0 | $112M | $0 | $0 | $57M | $13.09M | $33.03M | $0 | $0 | $6.33M | -$32.21M | -$44.51M | $0 | $0 | $26.46M | $0 | $0 | -$5K | $3.76M | $6.13M | $6.7M | $6.11M | $6.5M | $7.22M | $6.38M |
| Total Current Assets | $1.38B | $1.84B | $2.38B | $2.75B | $4.09B | $1.7B | $884.52M | $1.34B | $1.03B | $697.86M | $971M | $781.32M | $911.93M | $827.28M | $743.79M | $799.77M | $672.05M | $690.71M | $885.42M | $1.25B | $850.29M | $1.01B | $584M | $440.42M | $476.77M | $505.28M | $547.87M | $412.43M | $428.44M | $401.2M | $412.42M |
| Long-Term Assets | |||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $3.58B | $3.84B | $3.83B | $3.98B | $5.22B | $2.11B | $1.65B | $1.51B | $1.5B | $1.25B | $1.16B | $1.27B | $1.07B | $963.98M | $916.45M | $1.5B | $1.55B | $1.68B | $2.24B | $1.83B | $1.92B | $1.94B | $959.92M | $836.49M | $810.76M | $1.04B | $976.85M | $891.08M | $989.31M | $1.03B | $969.72M |
| Goodwill | $1.47B | $1.88B | $1.95B | $1.94B | $2.51B | $711.28M | $555.23M | $545.51M | $560.64M | $264.86M | $258.7M | $296.33M | $247.94M | $265.37M | $258.28M | $263.66M | $251.84M | $216.68M | $266.3M | $226.25M | $227.07M | $246.45M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $588.45M | $660M | $735M | $765M | $1.06B | $514.06M | $420.28M | $394.26M | $444.53M | $421.1M | $417.96M | $461.73M | $512.79M | $564.92M | $580.41M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $150.05M | $128.56M | $114.9M | $0 | $113.47M | $131.61M |
| Long-Term Investments | $23.94M | $0 | $31K | $16.25M | $0 | $0 | $0 | $63.88M | $41.35M | $7.44M | $17.29M | $49.96M | $71.38M | $0 | $0 | $0 | $8.41M | $11.01M | $0 | $25.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $5.98M | $7M | $6M | $4M | $10.18M | $0 | $7.71M | $2.2M | $4.77M | $26.04M | $57.65M | $53.41M | $90.16M | $0 | $0 | $0 | $0 | $71.65M | $40.82M | $0 | $23.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $547.55M | $536M | $513.97M | $512.75M | $381.83M | $282.48M | $81.74M | $14.68M | $9.54M | $7.44M | $8.65M | $18.09M | $6.57M | $10.05M | $0 | $249.56M | $203.23M | $136.32M | $171.64M | $119.92M | $107.83M | $86.45M | $66.02M | $66.97M | $190.24M | $78.06M | $27.34M | $55.57M | $42.84M | $25.9M | $27.71M |
| Total Long-Term Assets | $6.22B | $6.92B | $7.04B | $7.22B | $9.18B | $3.62B | $2.72B | $2.53B | $2.57B | $1.98B | $1.92B | $2.14B | $2B | $1.8B | $1.76B | $2.01B | $2.01B | $2.11B | $2.72B | $2.2B | $2.28B | $2.26B | $1.03B | $903.46M | $1B | $1.13B | $1.02B | $958.15M | $1.03B | $1.06B | $998.83M |
| Other Assets | $0 | -$2M | -$1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $7.6B | $8.76B | $9.41B | $9.97B | $13.28B | $5.32B | $3.6B | $3.52B | $3.59B | $2.68B | $2.62B | $2.93B | $2.92B | $2.63B | $2.49B | $2.81B | $2.69B | $2.8B | $3.6B | $3.45B | $3.13B | $3.27B | $1.61B | $1.34B | $1.48B | $1.64B | $1.56B | $1.37B | $1.46B | $1.46B | $1.41B |
| Liabilities | |||||||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||||||
| Accounts Payable | $582.46M | $401M | $417M | $430M | $523.1M | $251.94M | $184.31M | $190.89M | $194.04M | $156.98M | $136.2M | $174.01M | $176.56M | $163.85M | $163.57M | $270.96M | $251.5M | $205.89M | $284.99M | $401.88M | $286.81M | $326.16M | $143.58M | $103.6M | $118.72M | $206.74M | $256.57M | $160.4M | $172.33M | $147.69M | $136.74M |
| Short-Term Debt | $0 | $200M | $300M | $0 | $14M | $8.91M | $298.44M | $61M | $0 | $0 | $178M | $88.73M | $319M | $0 | $294K | $9.1M | $170.95M | $147.9M | $149.11M | $110.06M | $48.91M | $179.89M | $10M | $12.51M | $167.72M | $88.7M | $54.06M | $41.07M | $9.43M | $18.97M | $102.21M |
| Current Income Tax Payable | $0 | $83M | $12M | $35M | $349M | $0 | $0 | $37.44M | $89.07M | $15.62M | $0 | $22.4M | $28.18M | $20.1M | $0 | $58.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $191.63M | $0 | $0 | $151.33M | $236.89M | $28.18M | $0 | $0 | $58.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$31.92M | $160M | $245M | $265M | $294.01M | $226.49M | $94.85M | $83.2M | $628K | $142.85M | -$8.82M | -$425K | $36.99M | $170.88M | $116.45M | -$109.48M | $9.26M | $37.01M | $72.31M | $199.97M | $195.64M | $164.41M | $23.73M | $18.69M | $9.42M | $215K | -$69K | $65K | $0 | $73K | $7.55M |
| Total Current Liabilities | $649.29M | $934M | $1.05B | $792M | $1.53B | $671.84M | $645.46M | $595M | $463.62M | $341.49M | $606M | $530.64M | $725.98M | $387M | $308.72M | $375.34M | $472.64M | $396.06M | $506.41M | $711.9M | $531.36M | $670.45M | $177.31M | $134.81M | $296M | $295.65M | $310.56M | $201.53M | $181.76M | $166.74M | $246.5M |
| Long-Term Liabilities | |||||||||||||||||||||||||||||||
| Long-Term Debt | $299.76M | $0 | $199M | $499M | $635.11M | $643.84M | $501.25M | $508.07M | $505.77M | $307.27M | $304.82M | $304.95M | $8.45M | $301.56M | $299.71M | $299.45M | $301.69M | $382.33M | $550.23M | $428.64M | $537.2M | $611.86M | $221.3M | $214.51M | $226.13M | $380.79M | $407.3M | $466.89M | $532.29M | $562.46M | $534.06M |
| Long-Term Unearned Revenue | $0 | $0 | $211M | $0 | $0 | $0 | $0 | $215.85M | $259.24M | $190.46M | $177.99M | $192.1M | $159.66M | $287.49M | $0 | $0 | $0 | $56.37M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $396.68M | $609M | $683M | $795M | $906.2M | $0 | $195.1M | $214.39M | $178.93M | $159.96M | $136.92M | $132.66M | $167.17M | $128.67M | $140.84M | $214.27M | $207.43M | $219.23M | $296.57M | $277.36M | $325.16M | $340.68M | $146.31M | $128.14M | $133.9M | $165.71M | $96.32M | $92.48M | $98.04M | $93.77M | $82.19M |
| Other Long-Term Liabilities | $398.67M | $244M | $23M | $242M | $436.56M | $842.34M | $343.94M | $16.15M | $16.7M | $11.9M | $15.85M | $18.09M | $25.36M | $41.21M | $283.35M | $225.66M | $159.39M | $81.27M | $138.03M | $108.61M | $128.43M | $157.41M | $45.39M | $45.9M | $65.85M | $42.68M | $41.01M | $26.32M | $24.39M | $24.74M | $17.96M |
| Total Long-Term Liabilities | $1.12B | $872M | $1.14B | $1.56B | $2B | $1.49B | $1.05B | $954.46M | $960.64M | $669.59M | $635.59M | $647.8M | $360.64M | $758.92M | $723.9M | $674.29M | $668.51M | $739.19M | $984.83M | $814.61M | $990.74M | $1.11B | $413M | $388.54M | $425.85M | $588.73M | $544.63M | $585.69M | $654.72M | $680.97M | $634.21M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.77B | $1.81B | $2.19B | $2.35B | $3.53B | $2.16B | $1.69B | $1.39B | $1.42B | $1.01B | $1.07B | $1.18B | $1.09B | $1.13B | $1.03B | $1.05B | $1.14B | $1.14B | $1.49B | $1.53B | $1.52B | $1.78B | $596.55M | $523.35M | $721.85M | $884.38M | $855.19M | $787.22M | $836.48M | $847.71M | $880.71M |
| Stockholders' Equity | |||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32.43M | $34.87M | $36.41M | $36.59M |
| Common Stock | $2.49B | $2.55B | $2.61B | $2.67B | $4.33B | $612.03M | $372.47M | $491M | $436.58M | $408.45M | $417.24M | $505.66M | $565.38M | $605.13M | $0 | $0 | $572.72M | $492.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | $3.62B | $4.73B | $4.91B | $5.28B | $5.73B | $2.85B | $1.43B | $2.23B | $1.65B | $1.15B | $1.01B | $1.19B | $1.25B | $903.67M | $869.34M | $942.75M | $1.03B | $1.17B | $1.6B | $1.41B | $1.09B | $985.83M | $760.91M | $612.48M | $551.9M | $522.07M | $470.54M | $357.64M | $393.22M | $372.3M | $318.28M |
| Comprehensive Income & Other | -$276.27M | -$321M | -$297M | -$332M | -$316.92M | -$305.38M | $101.79M | $170M | $85.88M | $111.6M | $118.18M | $47.38M | $9.39M | -$9.05M | -$5.39M | -$9.6M | -$57.11M | $1.4M | -$94.08M | -$246K | -$382K | -$507K | -$678K | $0 | $0 | $13.46M | $12.91M | $10.2M | $0 | $0 | $0 |
| Other Stockholders' Equity | -$276.27M | -$321M | -$297M | -$332M | -$316.92M | -$305.38M | $101.79M | $170M | $85.88M | $111.6M | $118.18M | $47.38M | $9.39M | -$9.05M | $583.15M | $822.17M | -$57.11M | $1.4M | $511.12M | $512.89M | $514.13M | $496.13M | $252.49M | $208.04M | $204.02M | $229.74M | $238.07M | $225.71M | $230.89M | $240.95M | $212.26M |
| Total Equity | $5.83B | $6.95B | $7.22B | $7.62B | $9.74B | $3.15B | $1.91B | $2.9B | $2.17B | $1.67B | $1.55B | $1.75B | $1.83B | $1.5B | $1.45B | $1.76B | $1.55B | $1.67B | $2.11B | $1.92B | $1.61B | $1.48B | $1.01B | $820.53M | $755.92M | $751.8M | $708.61M | $583.35M | $624.11M | $613.25M | $530.54M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $7.6B | $8.76B | $9.41B | $9.97B | $13.28B | $5.32B | $3.6B | $4.29B | $3.59B | $2.68B | $2.62B | $2.93B | $2.92B | $2.63B | $2.49B | $2.81B | $2.69B | $2.8B | $3.6B | $3.45B | $3.13B | $3.26B | $1.61B | $1.34B | $1.48B | $1.64B | $1.56B | $1.37B | $1.46B | $1.46B | $1.41B |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Total Debt | $332.73M | $229M | $538M | $536M | $670.74M | $660.39M | $805.86M | $552.85M | $505.77M | $307.27M | $433.09M | $393.67M | $308.05M | $301.56M | $300.29M | $308.55M | $512.27M | $530.24M | $699.34M | $538.7M | $683.2M | $791.74M | $231.3M | $227.06M | $393.63M | $469.33M | $461.36M | $507.96M | $541.72M | $581.44M | $636.26M |
| Net Debt | $131.26M | -$412M | -$362M | -$626M | -$1.32B | $73.8M | $793.52M | $392.85M | $247.77M | $257.27M | $420.09M | $372.67M | $146.05M | $199.56M | $232.29M | $308.55M | $551.91M | $530.24M | $681.95M | $19.16M | $629.65M | $500.96M | $26.28M | $104.52M | $223.99M | $469.33M | $394.04M | $507.96M | $523.27M | $574.72M | $628.49M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 | FY 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD | CAD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 | 1995-12-31 |
| Operating Activities | |||||||||||||||||||||||||||||||
| Net Income | -$937M | -$5M | -$167M | $1.98B | $2.95B | $588M | -$114.83M | $594.7M | $473.96M | $242.54M | $74.94M | $223.11M | $327.77M | $77.4M | $26.44M | $181.77M | -$185.66M | -$112.65M | -$34.65M | $341.45M | $92.69M | $176.33M | $33.25M | $87.38M | $68.47M | $81.26M | $101.77M | $3.64M | $48.57M | $67.35M | $70.24M |
| Depreciation & Amortization | $544M | $550M | $540M | $589M | $584M | $203M | $198.27M | $188.69M | $167M | $189.97M | $137.64M | $146.44M | $158.65M | $152.79M | $164.54M | $184.97M | $233.69M | $251.93M | $267.8M | $216.09M | $219.89M | $127.99M | $109.72M | $86.03M | $86.68M | $88.46M | $93.14M | $95.41M | $96.3M | $85.08M | $73.03M |
| Deferred Income Tax | -$174M | $53M | -$106M | $519M | $965M | $202M | -$52.82M | $192.36M | $198.81M | $87.79M | $37.47M | $99.93M | -$30.05M | $25.13M | $0 | -$600K | $66.47M | -$53M | -$61.62M | -$50.65M | -$20.95M | -$21.13M | -$11.75M | -$6.2M | -$20.1M | -$15.8M | -$1.93M | $845K | $8.25M | $12.04M | $513K |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||||||
| Accounts Receivable | $59M | $5M | $6M | $140M | $5M | -$78M | $53.59M | $28.63M | -$27.04M | $2.98M | $721K | $2.58M | -$14.09M | -$22.11M | $7.84M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17.51M | $26.83M |
| Inventory | -$1M | $11M | $132M | $20M | -$139M | -$14M | $39.04M | -$77.09M | -$50.89M | $37.2M | -$11.53M | -$24.12M | -$51.65M | -$58.3M | -$23.51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$8.39M | -$16.64M |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$60M | -$31M | -$127M | -$105M | $65M | $74M | -$42.87M | -$5.87M | $28.63M | $26.78M | -$46.12M | $8.61M | $53.53M | $39.2M | -$2.94M | -$49.49M | $62.55M | $11.5M | -$319.62M | $307.32M | -$203.25M | $96.06M | $24.78M | -$29.95M | $19.47M | -$73.72M | $58.55M | $0 | $0 | $3.28M | -$16.06M |
| Total Working Capital Change | -$2M | -$15M | $11M | $55M | -$69M | -$18M | $49.76M | -$54.33M | -$49.3M | $66.96M | -$56.93M | -$12.92M | -$12.21M | -$41.21M | -$18.61M | -$49.49M | $62.55M | $11.5M | -$319.62M | $307.32M | -$203.25M | $96.06M | $24.78M | -$29.95M | $19.47M | -$73.72M | $58.55M | $0 | $0 | $12.41M | -$5.87M |
| Other Non-Cash Items | $665M | $78M | $247M | -$931M | -$875M | -$7M | $7.66M | -$254.03M | -$73.16M | -$74.65M | $23.78M | -$47.38M | -$50.64M | -$9.05M | -$123.41M | $123.98M | -$75.92M | $49.38M | -$93.18M | -$59.06M | -$62.81M | -$50.57M | -$39.02M | $43.8M | $200.38M | $9.78M | $6.49M | -$8.38M | $9.85M | $8.98M | -$2.13M |
| Net Cash from Operating | $96M | $661M | $525M | $2.21B | $3.55B | $968M | $88.04M | $667.39M | $717.3M | $512.61M | $216.91M | $409.18M | $393.51M | $205.06M | $83.25M | $440.63M | $101.14M | $147.17M | -$241.27M | $755.15M | $25.58M | $328.68M | $116.98M | $181.05M | $354.9M | $89.99M | $258.02M | $91.51M | $162.96M | $185.86M | $135.79M |
| Investing Activities | |||||||||||||||||||||||||||||||
| Capital Expenditures | -$411M | -$487M | -$477M | -$477M | -$635M | -$180M | -$313.87M | -$271.65M | -$267.2M | -$203.11M | -$158.54M | -$353.19M | -$317.44M | -$159.83M | -$208.62M | -$89.09M | -$17M | -$38.46M | -$108.32M | -$196.6M | -$193.22M | -$116.55M | -$61.17M | -$78.2M | -$70.98M | -$42.75M | -$125.04M | -$93.26M | -$109.15M | -$160.39M | -$441.97M |
| Acquisitions | $0 | $124M | -$100M | $0 | $340M | $0 | $0 | $0 | -$418.29M | $0 | -$54.77M | -$179.18M | $0 | -$30.16M | $0 | $0 | $0 | $0 | -$383.87M | $0 | $0 | -$934.89M | $0 | -$193K | -$18.84M | -$74.6M | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $31M | $45M | $47M | $18M | $9M | $14M | $14.55M | $11.75M | $6.36M | $7.44M | $5.76M | $6.89M | $11.27M | $61.32M | $47.99M | $20.5M | $5.73M | $17.01M | $16.71M | $107.91M | $31.75M | $21.44M | $28.74M | $8.33M | -$628K | -$33M | $1.59M | $18.59M | $5.73M | $10.22M | $10.34M |
| Net Cash from Investing | -$380M | -$318M | -$530M | -$459M | -$286M | -$166M | -$299.33M | -$259.91M | -$679.13M | -$195.67M | -$207.54M | -$525.47M | -$306.17M | -$128.67M | -$160.63M | -$68.59M | -$11.27M | -$21.45M | -$475.47M | -$88.69M | -$161.47M | -$1.03B | -$32.43M | -$70.06M | -$90.45M | -$150.35M | -$123.45M | -$74.67M | -$103.42M | -$150.18M | -$431.63M |
| Financing Activities | |||||||||||||||||||||||||||||||
| Debt Repaid | -$85M | $315M | $15M | $14M | $676M | -$15.65M | -$240.38M | -$46.25M | -$198.81M | $134.66M | -$49M | -$91.31M | -$7.51M | - | $14.69M | $164.47M | $93.69M | $100M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $1M | $0 | $0 | $7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.37M | $475K | $454K | $223.53M | $0 | $0 | $0 | $0 | $0 | $1.88M | $140K | $29.63M | $80.8M |
| Common Stock Repurchases | -$129M | -$140M | -$129M | -$1.99B | -$1.32B | $0 | -$62.01M | -$495.58M | -$13.52M | -$141.36M | -$43.24M | -$95.62M | -$2.82M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$101M | -$101M | -$100M | -$99M | -$75M | -$41M | -$42.1M | -$27.17M | -$22.27M | -$16.37M | -$16.57M | -$20.67M | -$22.54M | -$24.12M | -$23.51M | -$7.7M | -$9.36M | -$19.72M | -$24.2M | -$20.55M | -$20.61M | -$17.18M | -$15.92M | -$11.9M | -$10.68M | -$11.33M | -$11.6M | -$11.83M | -$11.88M | -$11.31M | -$8.72M |
| Other Financing Activities | -$22M | -$27M | -$24M | -$23M | -$101M | -$32M | -$36.75M | -$23.49M | -$19.09M | -$15.62M | -$16.57M | -$22.4M | -$18.78M | -$18.09M | -$19.59M | -$29.4M | $287K | $82K | $149K | $134K | $143K | $225K | $602K | $1.61M | -$628K | -$4.03M | -$1.31M | $0 | $0 | -$438K | -$4.11M |
| Net Cash from Financing | -$167M | -$582M | -$268M | -$2.13B | -$2.16B | -$353M | $99.52M | -$499.99M | $143.94M | -$308.01M | -$27.38M | -$47.38M | -$36.63M | -$42.22M | -$57.79M | -$201.57M | -$102.76M | -$119.64M | $101.51M | -$162.62M | -$149.33M | $770.94M | -$28.3M | -$159.99M | -$34.55M | -$40.31M | -$81.82M | -$47.7M | -$39.13M | -$438K | $299.14M |
| Forex Effect | $11M | -$21M | $10M | -$28M | $5M | $12M | -$766K | $11.01M | -$4.77M | $29.02M | $17.29M | $11.2M | $5.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$439M | -$259M | -$262M | -$406M | $1.11B | $461M | -$112.53M | -$81.5M | $177.34M | $37.94M | -$721K | -$152.47M | $56.35M | $34.18M | -$91.09M | $170.47M | -$12.89M | $6.08M | -$615.24M | $503.84M | -$285.23M | $69.63M | $56.25M | -$49M | $229.9M | -$100.68M | $52.75M | -$30.87M | $20.41M | $35.25M | $3.23M |
| Supplementary Data | |||||||||||||||||||||||||||||||
| Operating Cash Flow | $96M | $661M | $525M | $2.21B | $3.55B | $968M | $88.04M | $667.39M | $717.3M | $512.61M | $216.91M | $409.18M | $393.51M | $205.06M | $83.25M | $440.63M | $101.14M | $147.17M | -$241.27M | $755.15M | $25.58M | $328.68M | $116.98M | $181.05M | $354.9M | $89.99M | $258.02M | $91.51M | $162.96M | $185.86M | $135.79M |
| Capital Expenditure | -$411M | -$487M | -$477M | -$477M | -$635M | -$180M | -$313.87M | -$271.65M | -$267.2M | -$203.11M | -$158.54M | -$353.19M | -$317.44M | -$159.83M | -$208.62M | -$89.09M | -$17M | -$38.46M | -$108.32M | -$196.6M | -$193.22M | -$116.55M | -$61.17M | -$78.2M | -$70.98M | -$42.75M | -$125.04M | -$93.26M | -$109.15M | -$160.39M | -$441.97M |
| Free Cash Flow | -$315M | $174M | $48M | $1.73B | $2.92B | $788M | -$225.83M | $395.73M | $450.1M | $309.5M | $58.37M | $55.99M | $76.07M | $45.23M | -$125.37M | $351.54M | $84.14M | $108.71M | -$349.59M | $558.55M | -$167.64M | $212.13M | $55.81M | $102.86M | $283.92M | $47.23M | $132.98M | -$1.75M | $53.81M | $25.47M | -$306.18M |
| Cash at Beginning | $641M | $900M | $1.16B | $1.57B | $461M | $0 | $112.53M | $189.42M | $27.83M | -$11.9M | -$10.81M | $139.55M | $95.8M | $68.35M | $157.69M | -$9.8M | $3.53M | -$3.04M | $611.51M | $15.7M | $300.98M | $221.16M | $148.77M | $171.54M | -$60.3M | $36.9M | -$14.57M | $17.16M | -$1.96M | -$37.29M | -$40.69M |
| Cash at End | $202M | $641M | $900M | $1.16B | $1.57B | $461M | $0 | $107.93M | $205.17M | $26.04M | -$11.53M | -$12.92M | $152.15M | $102.53M | $66.6M | $160.67M | -$9.36M | $3.04M | -$3.74M | $519.54M | $15.76M | $290.78M | $205.02M | $122.54M | $169.6M | -$63.78M | $38.18M | -$13.71M | $18.45M | -$2.04M | -$37.47M |