West Fraser Timber (WFG) Deferred Taxes (2020 - 2024)
West Fraser Timber's (WFG) quarterly Deferred Taxes came in at $11.1 million in Q1 2024, down 97.55% on a QoQ basis from $455.3 million in Q4 2022.
West Fraser Timber (WFG) Deferred Taxes (2020 - 2024) Analysis & Trends
West Fraser Timber (WFG) has 4 years of Deferred Taxes data on file, last reported at $11.1 million in Q1 2024.
- Quarterly Deferred Taxes changed N/A year-over-year to $11.1 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $716.0 million (changed N/A YoY) and the FY2021 annual result came in at $754.5 million, up 386.92% from the prior year.
- Deferred Taxes retreated to $11.1 million in Q1 2024, from $455.3 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $478.0 million in Q2 2021 to a low of $11.1 million in Q1 2024.
- A 4-year average of $189.5 million and a median of $154.9 million in 2020 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2021 — Deferred Taxes jumped 3314.29% — and 2022, when it plunged 60.62%.
- Tracing WFG's Deferred Taxes over 4 years: stood at $154.9 million in 2020, then slipped by 15.92% to $130.3 million in 2021, then jumped by 249.46% to $455.3 million in 2022, then sank by 97.55% to $11.1 million in 2024.
- The last three Deferred Taxes figures came in at $11.1 million (Q1 2024), $455.3 million (Q4 2022), and $61.3 million (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Simpson Manufacturing | 7.75 Bn | 7.30 Bn | 318.19 Mn | 772,000.00 |
| 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 | -621,000.00 |
| 4 | Boise Cascade | 2.90 Bn | 2.60 Bn | 327.87 Mn | 1.29 Mn |
| 5 | Jewett Cameron Trading | 10.26 Mn | 9.20 Mn | 1.77 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2024 | 11.13 Mn |
| Dec 31, 2022 | 455.28 Mn |
| Sep 30, 2022 | 61.34 Mn |
| Jun 30, 2022 | 188.24 Mn |
| Mar 31, 2022 | 330.00 Mn |
| Sep 30, 2021 | 130.28 Mn |
| Jun 30, 2021 | 478.00 Mn |
| Mar 31, 2021 | 161.97 Mn |
| Dec 31, 2020 | 154.95 Mn |
| Sep 30, 2020 | 99.00 Mn |
| Jun 30, 2020 | 14.00 Mn |