BCCBOISE CASCADE Co
Wholesale-Lumber & Other Construction Materials
- Revenue
- $6.4B
- 4.8% YoY
- Operating margin
- 2.9%
- 61% YoY
- EBITDA
- $342M
- 46% YoY
- Market cap
- $2.9B
- Employees
- 7,660
- $836K revenue each
- Net debt / EBITDA
- 0.2×
- $53M net debt
- AI in 10-K
- 0.7
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo191% of net incomeCash flow under 80% of net income
- Dilutive SBCNo0% of revenueOver 10% of revenue
- Payouts exceed cash flowNo86% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo5% of assetsOver 40% of assets
- Shareholder dissentNo97% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$836K · 42nd pctBottom quartile of its SIC industry
- Quiet on AINo0.7 per 10K words · 27th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo0.2× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$2.9B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$666K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $7.9B | $8.4B | $6.8B | $6.7B | $6.4B | 4.8% |
| Operating income | $972M | $1.2B | $624M | $490M | $183M | 63% |
| Net income | — | $858M | $484M | $376M | $133M | 65% |
| Operating cash flow | $667M | $1.0B | $687M | $438M | $254M | 42% |
| Capex | $107M | $114M | $215M | $230M | $241M | 5.2% |
| Stock-based comp | $8M | $12M | $15M | $15M | $12M | 22% |
| Buybacks | $0 | $0 | $6M | $195M | $183M | 6.1% |
| Dividends | $214M | $160M | $346M | $229M | $35M | 85% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $666K · 3
- Net
- −$666K
Pay vs performance
No pay-versus-performance disclosure yet.