BCC
Boise Cascade Company
BCC's fundamentals are mixed, but it looks expensive: trading at 20x earnings, about twice its usual 11x. Analysts expect earnings to hold roughly steady.
BCC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Strong |
BCC's balance sheet is currently strong, and its revenue, profitability and cash flow are stable.
BCC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 3.8x | $12.96 | -81% |
| Fair | 11x | $36.51 | -46% |
| Expensive | 17x | $57.85 | -15% |
| Current | 20x | $67.92 | — |
| Forward | 23x | $67.92 | — |
Historical ranges are pointers, not guarantees.
BCC's PE is in its expensive range at 20x. On analysts' estimates for next year's earnings, today's price would be 23x.
BCC Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| High |
Analysts expect BCC's earnings, revenue and profitability to hold roughly steady.
BCC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.92 | -15% |
| Q3 2026 | $3.42 | -33% |
| Q2 2026 | $2.96 | -57% |
| Q1 2026 | $2.97 | -63% |
| Q4 2025 | $3.53 | -63% |
| Q3 2025 | $5.07 | -50% |
| Q2 2025 | $6.82 | -41% |
| Q1 2025 | $8.02 | -35% |
| Q4 2024 | $9.57 | -21% |
BCC's earnings per share have fallen from their peak: $3.42 over the past year, against $22.90 in late 2022.
BCC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.8B | +8.1% |
| Q2 2026 | $1.8B | +5.2% |
| Q1 2026 | $1.5B | -2.5% |
| Q4 2025 | $1.5B | -6.8% |
| Q3 2025 | $1.7B | -2.7% |
| Q2 2025 | $1.7B | -3.2% |
| Q1 2025 | $1.5B | -6.6% |
| Q4 2024 | $1.6B | -4.7% |
BCC's revenue is recovering but still below its 2021 peak: $1.8B last quarter, up 8.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.1% | +1.2 points |
| Q2 2026 | 4.6% | 0 points |
| Q1 2026 | 1.9% | -1.7 points |
| Q4 2025 | 1.1% | -4.8 points |
| Q3 2025 | 1.9% | -4.9 points |
| Q2 2025 | 4.6% | -3.5 points |
| Q1 2025 | 3.5% | -4.5 points |
| Q4 2024 | 5.9% | -1.5 points |
BCC's operating margin was 3.1% last quarter, up 1.2 points from the same quarter a year ago.
BCC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $92.9M | +47% |
| Q2 2026 | $18.8M | +$64.7M |
| Q1 2026 | -$55.8M | +$25.9M |
| Q4 2025 | $77M | +10049% |
| Q3 2025 | $63.2M | -44% |
| Q2 2025 | -$45.9M | -145% |
| Q1 2025 | -$81.7M | -$74.8M |
| Q4 2024 | $759K | -98% |
BCC's free cash flow has turned positive again: $133M over the past year, against −$64M the year before.
BCC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -225K shares |
| 1 year | -6.7% | -2.5M shares |
| 3 years | -12% | -5M shares |
| 5 years | -12% | -4.7M shares |
| Available history | -11% | -4.2M shares |
BCC has 35M diluted shares, down 6.7% from a year ago, with $185M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.6M |
| Q2 2026 | $44.5M |
| Q1 2026 | $65.5M |
| Q4 2025 | $70.4M |
| Q3 2025 | $25M |
| Q2 2025 | $33.9M |
| Q1 2025 | $53.9M |
| Q4 2024 | $36.4M |
BCC spent $185M buying back its own shares over the past year, up 24% from the year before.
BCC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.2x | Very low |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 0.4x | Very low |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.2x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
BCC's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago.
BCC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.3 | Neutral |
| Stochastic | 14.4 | Oversold |
BCC's weekly RSI is 39 (neutral) and its Stochastic is 14 (oversold).
BCC PE vs Basic Materials Sector
| Metric | BCC | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 19x | 6.7% above |
| PE % | 88 | 40 | 48 pts above |
BCC is trading at 20x earnings, in line with the Basic Materials sector's median of 19x.
BCC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $74.6 | 8.9% below |
| 20 week MA | $77.1 | 12% below |
| 50 week MA | $76.9 | 12% below |
| 100 week MA | $85.1 | 20% below |
| 200 week MA | $98.9 | 31% below |
BCC is in a downtrend: it's below all five of its weekly moving averages, and 31% below its 200-week average.
BCC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $37.4 | $49.6 | +33% |
| 2021 | $49.6 | $68.4 | +38% |
| 2022 | $68.4 | $70.9 | +3.7% |
| 2023 | $70.9 | $129.4 | +82% |
| 2024 | $129.4 | $120.6 | -6.7% |
| 2025 | $120.6 | $75.1 | -38% |
| 2026 YTD | $75.1 | $67.9 | -9.6% |
BCC has finished higher in four of the last six years. It's down 9.6% so far in 2026.