Short answer
BOISE CASCADE Co (BCC) filed its fiscal 2025 10-K annual report with the SEC on Feb 24, 2026. It reported revenue of $6.4B (−4.8% year over year) and net income of $133M.
- Top risk flagged: Interest rate risk on $50.0M variable-rate debt tied to Daily Simple SOFR at 5.1% average interest
FY2025 key financial metrics · XBRL
- Revenue
- $6.4B
- −4.8% YoY
- Net income
- $133M
- −64.7% YoY
- Operating margin
- 2.9%
- −4.4 pp YoY
- EPS (diluted)
- $3.53
- −63.1% YoY
- ROE
- 6.4%
- −11.1 pp YoY
- Operating cash flow
- $254M
- −42.0% YoY
Source: XBRL data from the BOISE CASCADE Co (BCC) FY2025 10-K on SEC EDGAR. USD.
BOISE CASCADE Co FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: Manufacture and distribute wood products and building materials, tied to residential construction demand
- New emphasis on Oakdale plywood mill modernization causing planned downtime and increased per-unit conversion costs
- Strategic shift: Inventory management leveraging data sets to mitigate risks amid volatile commodity product prices
- Notable metric: Operating income fell to $183.3M in 2025 from $490.0M in 2024, driven by lower margins and COVID-related cost increases
- Unusual fact: 31% decline in OSB prices and 17% composite panel price drop impacting segment income significantly
Management Discussion & Analysis
- No profitability or margin figures disclosed in the section
- No cash flow, buybacks, dividends, or capex details mentioned
- Key risks: product liability claims, supply quality risk, insurance coverage uncertainty, stock price volatility due to multiple operational and market factors
Risk Factors
- Interest rate risk on $50.0M variable-rate debt tied to Daily Simple SOFR at 5.1% average interest
- Foreign currency risk from Canadian sales exposure, though described as not significant
- Expiration of $50.0M interest rate swap in June 2025, previously fixed rate at 0.41% annually
- Long-term fixed-rate Senior Notes $400.0M at 4.875% maturing in 2030 reflects refinancing risk
- Concentration risk in debt structure: $450.0M total with $400.0M fixed senior notes and $50.0M variable revolving credit
Generated from the filing text; verify against the original. How to read a 10-K
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