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West Fraser Timber Co.Ltd (TSX:WFG) Gross Profit : C$2,552 Mil (TTM As of Mar. 2024)


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What is West Fraser Timber Co.Ltd Gross Profit?

West Fraser Timber Co.Ltd's gross profit for the three months ended in Mar. 2024 was C$689 Mil. West Fraser Timber Co.Ltd's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was C$2,552 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. West Fraser Timber Co.Ltd's gross profit for the three months ended in Mar. 2024 was C$689 Mil. West Fraser Timber Co.Ltd's Revenue for the three months ended in Mar. 2024 was C$2,202 Mil. Therefore, West Fraser Timber Co.Ltd's Gross Margin % for the quarter that ended in Mar. 2024 was 31.28%.

West Fraser Timber Co.Ltd had a gross margin of 31.28% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of West Fraser Timber Co.Ltd was 55.84%. The lowest was 25.12%. And the median was 36.67%.


West Fraser Timber Co.Ltd Gross Profit Historical Data

The historical data trend for West Fraser Timber Co.Ltd's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

West Fraser Timber Co.Ltd Gross Profit Chart

West Fraser Timber Co.Ltd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,234.97 2,323.55 7,517.44 6,193.40 2,373.29

West Fraser Timber Co.Ltd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 522.69 550.04 780.74 532.62 688.98

Competitive Comparison of West Fraser Timber Co.Ltd's Gross Profit

For the Lumber & Wood Production subindustry, West Fraser Timber Co.Ltd's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


West Fraser Timber Co.Ltd's Gross Profit Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, West Fraser Timber Co.Ltd's Gross Profit distribution charts can be found below:

* The bar in red indicates where West Fraser Timber Co.Ltd's Gross Profit falls into.



West Fraser Timber Co.Ltd Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

West Fraser Timber Co.Ltd's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=8658.686 - 6285.396
=2,373

West Fraser Timber Co.Ltd's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=2202.307 - 1513.325
=689

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2,552 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

West Fraser Timber Co.Ltd's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=689 / 2202.307
=31.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


West Fraser Timber Co.Ltd  (TSX:WFG) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

West Fraser Timber Co.Ltd had a gross margin of 31.28% for the quarter that ended in Mar. 2024 => Competition eroding margins


West Fraser Timber Co.Ltd Gross Profit Related Terms

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West Fraser Timber Co.Ltd (TSX:WFG) Business Description

Traded in Other Exchanges
Address
c/o West Fraser Group, 858 Beatty Street, Vancouver, BC, CAN, V6B 1C1
West Fraser Timber is a softwood lumber company that also produces wood panels and pulp products. The company produces its wood products globally, with lumber mills in British Columbia, Alberta, Europe, and the southeastern United States. Following its acquisition of Norbord in 2021, West Fraser is now one of the largest oriented strand board, or OSB, producers in the world.
Executives
Christopher Virostek Senior Officer
Eric Butler Director