BCC BOISE CASCADE Co

Overview and Growth

Fiscal 2025 results for BOISE CASCADE Co combined $6.40B of revenue with net income of $132.84M and an operating cash inflow of $254.15M. At $6.40B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $6.72B in fiscal 2024, revenue decreased 4.8%, a top-line contraction that reduced operating scale. On a per-share basis, diluted EPS was $3.53, which connects the reported earnings outcome with the company’s diluted share count. Against diluted EPS of $9.57 in fiscal 2024, the current result was 63.1% lower. Revenue equaled 1.98x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

After reported cost of revenue, the company retained $1.05B as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 16.5% of revenue, quantifying the portion retained before operating expenses were recognized. Operating income was $183.33M, the earnings remaining from reported operations after the company’s recognized operating cost structure. The operating result equaled 2.9% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. Net income came to $132.84M, completing the progression from revenue through gross and operating profitability to the final reported result. The final earnings result represented 2.1% of revenue, connecting the absolute net income figure with the company’s top-line scale. Pretax income was $179.95M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. The pretax margin was 2.8%, relating income before taxes directly to revenue. The company recognized $47.12M of income tax for the period, completing the transition from pretax income to net income. The income-tax provision equaled 26.2% of pretax income, showing the tax burden absorbed by the year’s earnings. The relationship between net income and period-end equity was 6.4%, indicating the profitability achieved on book capital.

Liquidity and Capital Structure

Current assets were $1.65B against $493.08M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 3.36x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. The company held $477.21M in cash and equivalents, a narrower liquidity measure than total current assets. The cash balance equaled 96.8% of current liabilities, showing how much near-term coverage came from cash alone. The company carried $445.40M of total debt at period end, which frames its leverage and debt-service burden. Debt equaled 0.21x of book equity, describing the relative scale of borrowing and shareholder capital. Relative to total assets, debt measured 13.7%, showing how much of the asset base was matched by borrowing. Measured against total assets, cash and equivalents represented 14.7%, a balance-sheet composition measure rather than a liquidity forecast. Compared with $3.37B in fiscal 2024, the current asset base moved 3.8% and finished lower.

Cash Flow and Earnings Quality

The company reported $254.15M of operating cash flow, a cash inflow that shows the cash generated by operations. Against net income, operating cash flow measured 1.91x, showing the relationship between accrual earnings and operating cash. Capital spending was $241.43M, absorbing part of the cash generated from operations before free cash flow. Capital spending absorbed 95.0% of operating cash flow, quantifying the share of cash from operations directed to investment. Free cash flow came to $12.72M, leaving a positive amount after capital expenditures. Free cash flow represented 0.2% of revenue, linking post-investment cash generation with the company’s operating scale. The free-cash-flow-to-assets relationship was 0.4%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.