West Fraser Timber (WFG) Change in Taxes (2020 - 2024)
West Fraser Timber's (WFG) quarterly Change in Taxes came in at $10.3 million in Q3 2024, down 19.11% YoY from $12.7 million in Q3 2023, and up 560.71% on a QoQ basis from -$2.2 million in Q1 2024.
West Fraser Timber (WFG) Change in Taxes (2020 - 2024) Analysis & Trends
West Fraser Timber (WFG) has 5 years of Change in Taxes data on file, last reported at $10.3 million in Q3 2024.
- Quarterly Change in Taxes fell 19.11% year-over-year to $10.3 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was -$11.8 million (up 98.37% YoY) and the FY2023 annual result came in at -$17.6 million, up 97.56% from the prior year.
- Change in Taxes rose to $10.3 million in Q3 2024, from -$2.2 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $75.0 million in Q3 2020 to a low of -$723.4 million in Q4 2022.
- A 5-year average of -$122.1 million and a median of -$7.4 million in 2023 frame the typical range for Change in Taxes.
- Annual changes were most pronounced in 2021 — Change in Taxes tumbled 19336.44% — and 2023, when it surged 114.9%.
- Tracing WFG's Change in Taxes over 5 years: stood at $31.4 million in 2020, then tumbled by 799.7% to -$220.1 million in 2021, then tumbled by 228.76% to -$723.4 million in 2022, then soared by 97.26% to -$19.8 million in 2023, then surged by 151.73% to $10.3 million in 2024.
- The last three Change in Taxes figures came in at $10.3 million (Q3 2024), -$2.2 million (Q1 2024), and -$19.8 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Simpson Manufacturing | 7.75 Bn | 7.30 Bn | 318.19 Mn | - |
| 2 | West Fraser Timber | 5.45 Bn | 5.38 Bn | 381.00 Mn | - |
| 3 | Ufp Industries | 4.78 Bn | 4.14 Bn | 290.24 Mn | - |
| 4 | Boise Cascade | 2.90 Bn | 2.60 Bn | 327.87 Mn | 2.09 Mn |
| 5 | Jewett Cameron Trading | 10.26 Mn | 9.20 Mn | 1.77 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 27, 2024 | 10.26 Mn |
| Sep 27, 2024 | 10.26 Mn |
| Mar 29, 2024 | -2.23 Mn |
| Mar 29, 2024 | -2.23 Mn |
| Dec 31, 2023 | -19.83 Mn |
| Dec 31, 2023 | -19.83 Mn |
| Sep 29, 2023 | 12.68 Mn |
| Sep 29, 2023 | 12.68 Mn |
| Jun 30, 2023 | -7.44 Mn |
| Jun 30, 2023 | -7.44 Mn |
| Mar 31, 2023 | -3.70 Mn |
| Mar 31, 2023 | -3.70 Mn |
| Dec 31, 2022 | -723.44 Mn |
| Dec 31, 2022 | -723.44 Mn |
| Sep 30, 2022 | -85.11 Mn |
| Sep 30, 2022 | -85.11 Mn |
| Jun 30, 2022 | -304.32 Mn |
| Jun 30, 2022 | -304.32 Mn |
| Mar 31, 2022 | -456.00 Mn |
| Mar 31, 2022 | -456.00 Mn |