Boise Cascade (BCC) AI Stock Analysis

• Market Cap: $2.99B
• Dividend Yield: 1.17%
• Average Volume (3M): 303.32K
• Price to Earnings (P/E): 16.0
• Beta (1Y): 1.06
• Revenue Growth: -4.25%
• EPS Growth: -50.60%
• Country: US
• Employees: 7,670
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): 0.58
• Shares Outstanding: 37,043,070
• 10 Day Avg. Volume: 303,815
• 30 Day Avg. Volume: 303,318
• PEG Ratio: -0.59
• Price to Book (P/B): 2.16
• Price to Sales (P/S): 0.69
• P/FCF Ratio: 22.26
• Enterprise Value/Market Cap: 1.00
• Enterprise Value/Revenue: 0.46
• Enterprise Value/Gross Profit: 2.79
• Enterprise Value/Ebitda: 6.88
• 1Y Price Target: $92.00
• Price Target Upside: 13.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: $86.00 ▲(6.42% Upside)

Boise Cascade's overall stock score reflects a challenging financial environment with declining revenue and profitability, despite a strong balance sheet. Technical indicators suggest a bearish trend, while valuation metrics indicate reasonable pricing. The earnings call revealed strategic initiatives but highlighted significant financial declines.

Positive Factors

Balance sheet strength

A conservative leverage profile (D/E ~0.24) and strong equity ratio provide durable financial flexibility, lowering refinancing and interest risks during cyclical downturns. This supports capital spending, M&A optionality, and cushioning against construction-sector volatility over the medium term.

Distribution expansion & partnerships

Strategic growth via a new Hondo distribution center and an expanded James Hardie partnership creates lasting market access gains. Strengthened national distribution and added product channels support steady revenue diversification and market share capture in decking and multifamily over coming quarters.

Capital return discipline

Active buybacks and a maintained dividend signal disciplined capital allocation and management confidence in cash generation. Persistent repurchase authorization and dividend policy can sustainably enhance shareholder returns and EPS over time if cash flow stabilizes.

Negative Factors

Declining revenue and margins

Persistent revenue declines and margin compression indicate structural demand or pricing pressure in end markets. Lower gross and net margins reduce reinvestment capacity and investor cushion, making earnings recovery more challenging amid prolonged housing or commodity headwinds.

Wood Products deterioration

A severe drop in Wood Products volumes, prices, and conversion-cost-driven EBITDA collapse suggests the segment faces competitive and pricing stresses that may persist. This erodes a core earnings engine and increases reliance on distribution, raising business-model concentration risk.

Free cash flow weakness

A steep FCF decline materially limits internal funding for capex, inventory, and strategic initiatives. Even with low leverage, reduced cash conversion impairs flexibility for investments or sustained buybacks, and heightens vulnerability if construction demand or pricing remain weak.

Boise Cascade Business Overview & Revenue Model

Company Description

Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. It operates through two segments, Wood Products and Building Materials Distribution. The Wood Products segment manufactures laminated veneer lumber and laminated beams used in headers and beams; I-joists for residential and commercial flooring and roofing systems, and other structural applications; structural, appearance, and industrial plywood panels; and ponderosa pine lumber products. This segment's products are used in new residential construction, residential repair-and-remodeling markets, light commercial construction, and industrial applications. It sells its products to wholesalers, home improvement centers, retail lumberyards, and industrial converters. The Building Materials Distribution segment distributes a line of building materials, including oriented strand boards, plywood, and lumber; general line items, such as siding, composite decking, doors, metal products, insulation, and roofing; and engineered wood products. This segment sells its products to dealers, home improvement centers, and specialty distributors. The company was founded in 2004 and is headquartered in Boise, Idaho.

How the Company Makes Money

Boise Cascade generates revenue primarily through the sale of its wood products and building materials. The Wood Products segment contributes significantly by manufacturing and selling engineered wood products, such as plywood and laminated veneer lumber, which are essential for construction projects. The Building Materials Distribution segment further enhances revenue through the distribution of a diverse array of building materials, including roofing, insulation, and siding, to contractors and retailers. Key revenue streams include direct sales to contractors and homebuilders, as well as partnerships with retail home improvement stores. Additionally, fluctuations in housing starts and construction activity, along with trends in the residential and commercial building sectors, significantly influence the company's earnings.

Boise Cascade Financial Statement Overview

Summary

Boise Cascade faces a challenging financial environment with declining revenue and profitability. The company maintains a strong balance sheet with low leverage, providing stability. Cash flow challenges are evident, but operational efficiencies and a solid capital structure offer some resilience.

Income Statement

Boise Cascade's income statement shows a decline in revenue and profitability over the TTM period. The gross profit margin decreased from 20.9% in 2023 to 18.2% in TTM 2025, and the net profit margin fell from 7.1% to 4.0%. Revenue growth has been negative, indicating a challenging market environment. However, the company maintains positive EBIT and EBITDA margins, suggesting operational efficiency despite the downturn.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.24 in TTM 2025, indicating conservative leverage. The return on equity has decreased from 22.0% in 2023 to 12.3% in TTM 2025, reflecting reduced profitability. The equity ratio remains strong, suggesting a solid capital structure.

Cash Flow

Cash flow analysis reveals a significant decline in free cash flow growth, down by 76.2% in TTM 2025. The operating cash flow to net income ratio has also decreased, indicating potential cash flow challenges. However, the company still maintains a positive free cash flow to net income ratio, suggesting some resilience in cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.51B	6.72B	6.84B	8.39B	7.93B	5.47B
Gross Profit	1.08B	1.33B	1.43B	1.91B	1.63B	938.79M
EBITDA	437.05M	673.23M	805.96M	1.28B	1.06B	409.67M
Net Income	193.00M	376.35M	483.66M	857.66M	712.49M	174.98M
Balance Sheet
Total Assets	3.40B	3.37B	3.46B	3.24B	2.57B	1.97B
Cash, Cash Equivalents and Short-Term Investments	511.77M	713.26M	949.57M	998.34M	748.91M	405.38M
Total Debt	523.61M	516.22M	529.79M	523.08M	531.79M	542.88M
Total Liabilities	1.26B	1.22B	1.26B	1.18B	1.22B	1.11B
Stockholders Equity	2.14B	2.15B	2.20B	2.06B	1.35B	850.80M
Cash Flow
Free Cash Flow	15.50M	208.75M	472.02M	927.10M	560.47M	215.09M
Operating Cash Flow	217.70M	438.32M	687.46M	1.04B	666.98M	294.52M
Investing Cash Flow	-274.07M	-237.82M	-375.55M	-625.46M	-105.59M	-78.72M
Financing Cash Flow	-193.46M	-436.81M	-360.68M	-166.33M	-217.87M	-95.66M

Boise Cascade Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 80.81
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BCC, the sentiment is Negative. The current price of 80.81 is below the 20-day moving average (MA) of 81.48, above the 50-day MA of 76.95, and below the 200-day MA of 81.87, indicating a neutral trend. The MACD of 1.54 indicates Positive momentum. The RSI at 51.64 is Neutral, neither overbought nor oversold. The STOCH value of 19.47 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BCC.

Boise Cascade Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VMC	77 Outperform	$39.71B	35.72	13.56%	0.67%	6.54%	32.48%
CPAC	74 Outperform	$994.90M	15.48	16.04%	5.46%	9.24%	24.01%
TGLS	74 Outperform	$2.28B	12.72	26.21%	1.12%	15.70%	19.92%
MLM	73 Outperform	$39.32B	34.34	11.63%	0.51%	1.99%	-41.08%
BCC	64 Neutral	$2.99B	15.99	9.05%	1.17%	-4.25%	-50.60%
LOMA	63 Neutral	$1.40B	36.59	5.06%	―	-33.99%	-61.41%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Boise Cascade Corporate Events

Boise Cascade Announces CEO Retirement and Successor

Boise Cascade announced the retirement of its CEO, Nate Jorgensen, effective March 2, 2026, with Jeff Strom set to succeed him as CEO on March 3, 2026. The transition is part of the company’s long-term succession planning, aiming to maintain stability and momentum in its operations, with Strom bringing over 34 years of industry experience to the role.

The most recent analyst rating on (BCC) stock is a Buy with a $95.00 price target. To see the full list of analyst forecasts on Boise Cascade stock, see the BCC Stock Forecast page.