SSD vs WFG: Simpson Manufacturing Company and West Fraser Timber Co compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Simpson Manufacturing Company is the larger company, worth $7.1B, about 1.4 times West Fraser Timber Co.
- Simpson Manufacturing Company grew revenue faster over the last year (+6.3% vs -11.5%).
- Simpson Manufacturing Company keeps more of each dollar of revenue as operating profit (20.6% vs -21.7%).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | SSD | WFG |
|---|---|---|
| Market cap | $7.1B | $5.1B |
| Share price | $171.12 | $64.25 |
| Revenue (last fiscal year) | $2.3B | $5.5B |
| Free cash flow (last fiscal year) | $298M | -$315M |
| Revenue growth, last year | +6.3% | -11.5% |
| Revenue growth per year, last 5 fiscal years | +10.4% | -15.1% |
| Operating margin | 20.6% | -21.7% |
| Net margin | 15.7% | -17.1% |
| Return on equity | 17.9% | -16.0% |
| P/E (trailing) | 19.4x | — |
| Price / free cash flow | 23.9x | — |
| EV / EBITDA | 11.4x | 21.6x |
| FCF growth the price implies | 7.2% | — |
| Dividend yield | 0.70% | 2.0% |
| Debt / equity | 0.48x | 0.30x |
| Fundamental grade | B | F |
| Superinvestors holding it | 6 | 5 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Simpson Manufacturing Company
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $1.6B | $108M | 23.4% |
| 2022 | $2.1B | $337M | 21.7% |
| 2023 | $2.2B | $338M | 21.5% |
| 2024 | $2.2B | $158M | 19.3% |
| 2025 | $2.3B | $298M | 19.6% |
West Fraser Timber Co
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $10.5B | $2.9B | 37.5% |
| 2022 | $9.7B | $1.7B | 26.4% |
| 2023 | $6.5B | $48M | -4.4% |
| 2024 | $6.2B | $174M | 0.11% |
| 2025 | $5.5B | -$315M | -21.7% |
Where the revenue comes from
Simpson Manufacturing Company · by products, 2025
Wood construction products$2.0B84%
Concrete construction products$361M15%
Other$4M0%
West Fraser Timber Co · by segments, 2025
Lumber$2.6B46%
NA EWP$2.1B39%
Europe EWP$493M9%
Pulp & Paper$325M6%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open SSD in InvestinglyQuestions
Which is bigger, Simpson Manufacturing Company or West Fraser Timber Co?
Simpson Manufacturing Company (SSD), at $7.1B against $5.1B.
Which grows faster, SSD or WFG?
Simpson Manufacturing Company: revenue grew +6.3% over the last year, against -11.5%.
More comparisons
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.