West Historical Income Statement

WFG Stock  USD 95.51  2.09  2.24%   
Historical analysis of West Fraser income statement accounts such as Depreciation And Amortization of 567 M, Total Revenue of 3.5 B, Gross Profit of 1.2 B or Other Operating Expenses of 7.1 B can show how well West Fraser Timber performed in making a profits. Evaluating West Fraser income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of West Fraser's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining West Fraser Timber latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether West Fraser Timber is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Fraser Timber. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

About West Income Statement Analysis

West Fraser Timber Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to West Fraser shareholders. The income statement also shows West investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

West Fraser Income Statement Chart

At this time, West Fraser's EBITDA is most likely to increase significantly in the upcoming years. The West Fraser's current Total Operating Expenses is estimated to increase to about 2.2 B, while Gross Profit is projected to decrease to roughly 1.2 B.

Total Revenue

Total revenue comprises all receipts West Fraser Timber generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of West Fraser Timber minus its cost of goods sold. It is profit before West Fraser operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of West Fraser Timber. It is also known as West Fraser overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from West Fraser's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into West Fraser Timber current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Fraser Timber. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, West Fraser's EBITDA is most likely to increase significantly in the upcoming years. The West Fraser's current Total Operating Expenses is estimated to increase to about 2.2 B, while Gross Profit is projected to decrease to roughly 1.2 B.
 2021 2022 2023 2024 (projected)
Total Revenue10.5B9.7B6.5B3.5B
Depreciation And Amortization584M228.5K540M567M

West Fraser income statement Correlations

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0.140.850.950.440.990.980.630.391.0-0.221.00.990.590.650.590.99-0.12-0.270.970.61
0.10.870.960.490.990.980.680.440.99-0.150.990.990.550.690.640.98-0.1-0.210.960.65
0.280.90.980.60.980.980.720.560.98-0.090.980.980.620.750.70.950.05-0.090.920.74
0.410.950.830.850.630.680.720.820.650.170.650.630.690.950.950.560.320.330.490.9
0.710.760.650.990.390.440.560.820.420.420.420.40.60.860.870.310.680.670.230.9
0.160.860.960.461.00.990.980.650.42-0.191.00.990.590.670.610.99-0.1-0.240.970.63
0.210.05-0.050.39-0.22-0.15-0.090.170.42-0.19-0.19-0.18-0.340.270.34-0.210.640.78-0.240.33
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0.150.850.950.450.990.990.980.630.40.99-0.180.990.580.650.60.99-0.1-0.250.960.61
0.530.730.70.590.590.550.620.690.60.59-0.340.590.580.630.540.520.02-0.10.450.55
0.480.930.840.880.650.690.750.950.860.670.270.670.650.630.960.570.430.410.510.93
0.470.90.790.90.590.640.70.950.870.610.340.610.60.540.960.510.490.50.450.98
0.080.790.910.350.990.980.950.560.310.99-0.210.990.990.520.570.51-0.16-0.320.990.53
0.750.20.10.64-0.12-0.10.050.320.68-0.10.64-0.1-0.10.020.430.49-0.160.92-0.20.57
0.550.14-0.020.65-0.27-0.21-0.090.330.67-0.240.78-0.24-0.25-0.10.410.5-0.320.92-0.370.53
0.020.740.870.270.970.960.920.490.230.97-0.240.970.960.450.510.450.99-0.2-0.370.48
0.580.880.80.920.610.650.740.90.90.630.330.630.610.550.930.980.530.570.530.48
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West Fraser Account Relationship Matchups

West Fraser income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization198.3M203M584M228.5K540M567M
Total Revenue3.7B4.6B10.5B9.7B6.5B3.5B
Gross Profit937.8M1.9B5.9B4.6B1.8B1.2B
Other Operating Expenses3.8B3.7B6.6B7.1B6.7B7.1B
Operating Income(101.8M)861.1M3.9B2.6B(284M)(269.8M)
Ebit(101.8M)876.1M3.9B3.2B(203M)(192.9M)
Ebitda96.5M1.1B4.5B3.2B337M661.8M
Cost Of Revenue2.8B2.7B4.6B5.1B4.7B2.3B
Total Operating Expenses1.0B1.0B1.9B1.9B2.1B2.2B
Income Before Tax(167.7M)817.2M3.9B2.6B(228M)(216.6M)
Total Other Income Expense Net(65.8M)(41M)(47M)34M56M58.8M
Net Income(114.8M)588M2.9B2.0B(167M)(158.7M)
Income Tax Expense(52.8M)208.6M951M618M(62.1M)(59.0M)
Interest Expense33.7M33.7M48M24M27.6M20.0M
Selling General Administrative166.1M202.3M352M370M332M212.7M
Selling And Marketing Expenses545.8M556.0M846M963M894M635.2M
Tax Provision(69M)266M951M618M(61M)(58.0M)
Interest Income4M17M36M27M74M77.7M
Net Income Applicable To Common Shares(150M)776M2.9B2.0B2.3B1.1B
Net Income From Continuing Ops(150M)776M2.9B2.0B(167M)(158.7M)
Reconciled Depreciation259M272M584M589M540M426.0M

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When determining whether West Fraser Timber is a strong investment it is important to analyze West Fraser's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact West Fraser's future performance. For an informed investment choice regarding West Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in West Fraser Timber. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Paper & Forest Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of West Fraser. If investors know West will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about West Fraser listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.27)
Dividend Share
1.24
Earnings Share
(1.15)
Revenue Per Share
77.23
Quarterly Revenue Growth
(0.16)
The market value of West Fraser Timber is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Fraser's value that differs from its market value or its book value, called intrinsic value, which is West Fraser's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because West Fraser's market value can be influenced by many factors that don't directly affect West Fraser's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between West Fraser's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Fraser is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Fraser's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.