Boise Cascad Llc (BCC) financial statements
Boise Cascad Llc reported revenue of $6.4B in fiscal 2025, up 5.6% a year over 9 years.
Net income was $133M and the operating margin 2.9%, against 2.2% in 2016.
Free cash flow was $13M, and the company returned $35M in dividends and $183M in net buybacks.
The diluted share count fell 3% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Boise Cascad Llc's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.9B | $4.4B | $5.0B | $4.6B | $5.5B | $7.9B | $8.4B | $6.8B | $6.7B | $6.4B |
| Cost of revenue | — | $3.8B | $4.3B | $4.0B | $4.5B | $6.3B | $6.5B | $5.4B | $5.4B | $5.4B |
| Gross profit | — | $612M | $688M | $678M | $939M | $1.6B | $1.9B | $1.4B | $1.3B | $1.1B |
| Selling, general and admin | $359M | $390M | $432M | $462M | $507M | $574M | $657M | $674M | $697M | $716M |
| Operating income | $85M | $141M | $72M | $136M | $335M | $972M | $1.2B | $624M | $490M | $183M |
| Interest expense | $27M | $25M | $26M | $26M | $26M | $25M | $25M | $25M | $24M | $22M |
| Pre-tax income | $43M | $118M | $22M | $108M | $286M | $949M | $1.1B | $645M | $502M | $180M |
| Income tax | $5M | $35M | $2M | $27M | $111M | $236M | $289M | $161M | $125M | $47M |
| Net income | $38M | $83M | $20M | $81M | $175M | $712M | $858M | $484M | $376M | $133M |
| EPS (diluted) | $0.98 | $2.12 | $0.52 | $2.06 | $4.44 | $17.97 | $21.56 | $12.12 | $9.57 | $3.53 |
| Diluted shares | 39M | 39M | 39M | 39M | 39M | 40M | 40M | 40M | 39M | 38M |
| Gross margin | — | 13.8% | 13.8% | 14.6% | 17.1% | 20.5% | 22.8% | 20.9% | 19.8% | 16.5% |
| Operating margin | 2.2% | 3.2% | 1.4% | 2.9% | 6.1% | 12.3% | 13.8% | 9.1% | 7.3% | 2.9% |
| Net margin | 1.0% | 1.9% | 0.4% | 1.7% | 3.2% | 9.0% | 10.2% | 7.1% | 5.6% | 2.1% |
Balance sheet
Fiscal years, from Boise Cascad Llc's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $104M | $177M | $192M | $285M | $405M | $749M | $998M | $950M | $713M | $477M |
| Receivables | $199M | $246M | $214M | $216M | $376M | $444M | $297M | — | — | — |
| Inventory | $433M | $477M | $533M | $498M | $503M | $661M | $698M | $712M | $803M | $796M |
| Total current assets | $760M | $933M | $986M | $1.0B | $1.3B | $1.9B | $2.1B | $2.1B | $1.9B | $1.7B |
| Property, plant and equipment | $569M | $566M | $487M | $477M | $461M | $495M | $770M | $933M | $1.0B | $1.2B |
| Goodwill | $55M | $55M | $59M | $60M | $60M | $60M | $138M | $170M | $172M | $185M |
| Total assets | $1.4B | $1.6B | $1.6B | $1.7B | $2.0B | $2.6B | $3.2B | $3.5B | $3.4B | $3.2B |
| Total current liabilities | $313M | $382M | $370M | $385M | $524M | $641M | $546M | $594M | $564M | $493M |
| Long-term debt | $438M | $438M | $439M | $441M | $444M | $445M | $444M | $445M | $446M | $445M |
| Total liabilities | $859M | $933M | $909M | $992M | $1.1B | $1.2B | $1.2B | $1.3B | $1.2B | $1.2B |
| Shareholders' equity | $580M | $675M | $673M | $701M | $851M | $1.4B | $2.1B | $2.2B | $2.2B | $2.1B |
| Net debt | $334M | $261M | $248M | $155M | $38M | -$304M | -$554M | -$504M | -$267M | -$32M |
Cash flow
Fiscal years, from Boise Cascad Llc's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $152M | $152M | $164M | $246M | $295M | $667M | $1.0B | $687M | $438M | $254M |
| Capital spending | $84M | $75M | $80M | $83M | $79M | $107M | $114M | $215M | $230M | $241M |
| Free cash flow | $68M | $76M | $84M | $163M | $215M | $560M | $927M | $472M | $209M | $13M |
| Stock-based compensation | $8M | $10M | $9M | $8M | $8M | $8M | $12M | $15M | $15M | $12M |
| Dividends paid | $0 | $3M | $51M | $54M | $79M | $214M | $160M | $346M | $229M | $35M |
| Share buybacks (net) | -$10M | $0 | -$5M | $0 | $0 | $0 | $0 | -$6M | -$195M | -$183M |
| Net borrowing | $84M | $0 | $0 | $0 | -$6M | $0 | $0 | $0 | $0 | $0 |
| Free cash flow margin | 1.7% | 1.7% | 1.7% | 3.5% | 3.9% | 7.1% | 11.1% | 6.9% | 3.1% | 0.2% |
| Dividends per share | — | $0.07 | $1.29 | $1.37 | $2.01 | $5.39 | $4.01 | $8.68 | $5.82 | $0.92 |
Questions
What was Boise Cascad Llc's revenue in 2025?
$6.4B in fiscal 2025, from its 10-K filing.
How much free cash flow does Boise Cascad Llc generate?
$13M in fiscal 2025 (operating cash flow minus capital spending).
From Boise Cascad Llc's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.