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BCC on NYSE

BOISE CASCADE Co

BOISE CASCADE Co is a Largest U.S. wholesale distributors.1 Its shares trade on NYSE under the symbol BCC.1

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Last updated Oct 21, 2026.

Overview

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  • TickerBCC on NYSE1
  • IndustryWholesale-Lumber & Other Construction Materials1
  • HeadquartersBoise, Idaho1
  • Incorporated inID2
  • Business address1111 West Jefferson Street, Suite 300, P. O. Box 50, Boise, Id 837022
  • Filer categoryLarge accelerated filer2

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Boise Cascade is one of the largest U.S. wholesale distributors of building materials and a leading manufacturer of engineered wood products (EWP) and plywood in North America. As used in this Form 10-K, the terms "Boise Cascade," "we," and "our" refer to Boise Cascade Company and its consolidated subsidiaries. As a leading distributor and manufacturer of building materials, we bring people, products, and services together to build strong homes, businesses, and communities that stand the test of time.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

2.9%Operating margin5
2.1%Net margin5
-4.8%Revenue growth, 20255
6.4%Return on equity5
0.21×Debt to equity5
$12.7MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs97¢$6.2B
  • Income tax1¢$47.1M
  • Profit2¢$132.8M

Out of $6.4B in revenue.5

Where each dollar of operating cash went, fiscal 2025

  • Capital spending53¢$241.4M
  • Dividends paid8¢$34.6M
  • Share buybacks40¢$183.1M

Out of $254.1M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5

Financial statements

Revenue67895$6.4B in 2025+38% since 2019
0$2.5B$5.0B$7.5B$10.0B2019: $4.6B$4.6B20192020: $5.5B$5.5B2020+18%2021: $7.9B$7.9B2021+45%2022: $8.4B$8.4B2022+6%2023: $6.8B$6.8B2023−18%2024: $6.7B$6.7B2024−2%2025: $6.4B$6.4B2025−5%
Operating income67895$183.3M in 2025+34% since 2019
0$500.0M$1.0B$1.5B2019: $136.5M$136.5M20192020: $335.0M$335.0M2020+146%2021: $971.8M$971.8M2021+190%2022: $1.2B$1.2B2022+19%2023: $624.4M$624.4M2023−46%2024: $490.0M$490.0M2024−22%2025: $183.3M$183.3M2025−63%
Net income67895$132.8M in 2025+64% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $80.9M$80.9M20192020: $175.0M$175.0M2020+116%2021: $712.5M$712.5M2021+307%2022: $857.7M$857.7M2022+20%2023: $483.7M$483.7M2023−44%2024: $376.4M$376.4M2024−22%2025: $132.8M$132.8M2025−65%
Fiscal year2019202020212022202320242025
Revenue$4.6B6$5.5B7$7.9B8$8.4B9$6.8B5$6.7B5$6.4B5
Operating expenses$7.0B8$7.2B9$6.2B5$6.2B5$6.2B5
Operating income$136.5M6$335.0M7$971.8M8$1.2B9$624.4M5$490.0M5$183.3M5
Interest$26.1M6$26.2M7$24.8M8$25.4M8$25.5M8
Income before tax$948.9M8$1.1B9$645.0M5$501.8M5$180.0M5
Income tax$27.3M6$111.3M7$236.4M8$288.7M9$161.4M5$125.4M5$47.1M5
Net income$80.9M6$175.0M7$712.5M8$857.7M9$483.7M5$376.4M5$132.8M5
Earnings per share$2.076$4.457$18.078$21.709$12.205$9.635$3.545
Earnings per share (diluted)$2.066$4.447$17.978$21.569$12.125$9.575$3.535
Shares (weighted, basic)39.4M shares839.5M shares939.6M shares539.1M shares537.5M shares5
Shares (weighted, diluted)39.6M shares839.8M shares939.9M shares539.3M shares537.6M shares5

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Corporate structure

BOISE CASCADE Co sits at the top of its group. 10 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of BOISE CASCADE Co

  • BOISE CASCADE Co Boise, Idaho
    • BMD Delanco Real Estate, L.L.C. Subsidiary · Delaware, United States
    • Boise AllJoist LTD. Subsidiary · Canada
    • Boise Cascade Building Materials Distribution, L.L.C. Subsidiary · Delaware, United States
    • Boise Cascade Wood Products Holdings Corp. Subsidiary · Delaware, United States
    • Boise Cascade Wood Products, L.L.C. Subsidiary · Delaware, United States
    • Brockway-Smith Company Subsidiary · Massachusetts, United States
    • Humphrey Company, LLC Subsidiary · Delaware, United States
    • Louisiana Timber Procurement Company, L.L.C. Subsidiary · Delaware, United States
    • Stack Rock Capital, L.L.C. Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What BOISE CASCADE Co reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$2.2B5 Dec 31, 2025$2.1B5 Dec 31, 2024+4.2%
Accumulated depreciation$1.0B5 Dec 31, 2025$1.0B5 Dec 31, 2024−2.1%
Property and equipment, net$1.2B5 Dec 31, 2025$1.0B5 Dec 31, 2024+10.5%
Finance-lease assets$11.8M5 Dec 31, 2025$22.1M5 Dec 31, 2024−46.6%
Operating-lease assets (leased space)$56.0M5 Dec 31, 2025$49.7M5 Dec 31, 2024+12.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$477.2M5 Dec 31, 2025$713.3M5 Dec 31, 2024−33.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$185.4M5 Dec 31, 2025$171.9M5 Dec 31, 2024+7.8%
Intangible assets, net (excluding goodwill)$159.7M5 Dec 31, 2025$173.0M5 Dec 31, 2024−7.7%
Accumulated amortization$72.0M5 Dec 31, 2025$51.7M5 Dec 31, 2024+39.4%

Inventory

ItemLatestA year beforeChange
Inventory, total$795.7M5 Dec 31, 2025$803.3M5 Dec 31, 2024−0.9%

Properties, in its own words

Our properties are well-maintained and are suitable for the operations for which they are used. Information concerning production capacity and the utilization of our manufacturing facilities is presented in "Item 1. Business" of this Form 10-K.

The following is a list of our facilities by segment as of February 18, 2026. We lease office space for our corporate headquarters in Boise, Idaho.

The rest of Item 2

Our BMD business operates a nationwide network of 40 owned and leased distribution facilities across the U.S., including door and millwork facilities in 15 markets. The total approximate square footage of our warehouse space is 6.7 million, of which 4.1 million square feet are owned. Substantially all of our leases are noncancelable and the majority are accounted for as operating leases. These leases are not subject to early termination except for standard nonperformance clauses. In addition, BMD operates a single component manufacturing plant.

We own all of our Wood Products manufacturing facilities. The following table summarizes our Wood Products facilities as of February 18, 2026:

Facility Type · Number of Facilities · Locations

Plywood and veneer plants · 11 · Alabama, Florida, Louisiana (2), Oregon (5), South Carolina, and Washington

LVL/I-joist/laminated beam plants · 5 · Alabama, Louisiana, Oregon, Idaho, and Canada

Sawmills · 2 · Washington

Item 2 of the 10-K filed Feb 24, 2026.4

Leadership

Who has led BOISE CASCADE Co, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Thomas E. Carlile2013–2015
  2. Thomas Kevin Corrick2015–2020
  3. Nate Jorgensen2021–now

President

  1. Stanley R. Bell2013–2014
  2. Thomas A. Lovlien2013–2014

Chief financial officer

  1. Wayne M. Rancourt2013–2021
  2. Kelly E. Hibbs2021–now

Chief operating officer

  1. Thomas Kevin Corrick2015
  2. Nate Jorgensen2019–2020
  3. Jeffrey Robert Strom2025–now
201520202025
Board members and other officers (29)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • BMD Delanco Real Estate, L.L.C. Delaware3
  • Boise AllJoist LTD. Canada3
  • Boise Cascade Building Materials Distribution, L.L.C. Delaware3
  • Boise Cascade Wood Products Holdings Corp. Delaware3
  • Boise Cascade Wood Products, L.L.C. Delaware3
  • Brockway-Smith Company Massachusetts3
  • Humphrey Company, LLC Delaware3
  • Louisiana Timber Procurement Company, L.L.C. Delaware3
  • Stack Rock Capital, L.L.C. Delaware3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • BOISE CASCADE, L.L.C.Jun 13, 2005 to Feb 1, 20132

Timeline

  1. Aug 3, 20268-K Results of operations; Other events50
  2. Jul 30, 20268-K Regulation FD disclosure51
  3. May 4, 20268-K Results of operations; Shareholder vote52
  4. May 1, 20268-K Regulation FD disclosure53
  5. Feb 23, 20268-K Results of operations54
  6. Feb 6, 20268-K Regulation FD disclosure55
  7. Dec 4, 20258-K Executive or director change56
  8. Nov 3, 20258-K Results of operations57
  9. Oct 30, 20258-K Regulation FD disclosure; Other events58
  10. Sep 15, 20258-K Regulation FD disclosure59
  11. Aug 4, 20258-K Results of operations60
  12. Jul 31, 20258-K Regulation FD disclosure61
  13. Feb 22, 2021New chief executive Nate Jorgensen becomes CEO13
  14. Aug 6, 2015New chief executive Thomas Kevin Corrick becomes CEO14
  15. Feb 5, 2013New chief executive Thomas E. Carlile becomes CEO15

Calendar

Coming up

  1. Nov 2, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.58 a share, on Nov 3, 2025.62

When it reported results

  1. Aug 3, 2026Reported quarterly or annual results50
  2. May 4, 2026Reported quarterly or annual results52
  3. Feb 23, 2026Reported quarterly or annual results54
  4. Nov 3, 2025Reported quarterly or annual results57
  5. Aug 4, 2025Reported quarterly or annual results60
  6. May 5, 2025Reported quarterly or annual results63
  7. Feb 20, 2025Reported quarterly or annual results64
  8. Nov 4, 2024Reported quarterly or annual results65

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

296 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 51 major events, 147 insider forms, 24 large holders, 54 other. The latest 20:

  1. Aug 27, 2026144 EDGAR
  2. Aug 27, 20264 EDGAR
  3. Aug 13, 2026SCHEDULE 13G/A EDGAR
  4. Aug 6, 20264 EDGAR
  5. Aug 5, 2026144 EDGAR
  6. Aug 3, 202610-Q EDGAR
  7. Aug 3, 20268-K EDGAR
  8. Jul 30, 20268-K EDGAR
  9. May 20, 2026SD EDGAR
  10. May 14, 20264 EDGAR
  11. May 13, 2026144 EDGAR
  12. May 4, 202610-Q EDGAR
  13. May 4, 20268-K EDGAR
  14. May 1, 20264 EDGAR
  15. May 1, 20268-K EDGAR
  16. Apr 29, 2026SCHEDULE 13G EDGAR
  17. Apr 29, 2026SCHEDULE 13G EDGAR
  18. Mar 26, 2026SCHEDULE 13G/A EDGAR
  19. Mar 17, 2026ARS EDGAR
  20. Mar 17, 2026DEFA14A EDGAR

The 296 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

38 open-market trades by officers, directors and large owners since October 2021: 0 buys and 38 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 27, 2026Twedt JillSVP General Counsel & Corp SecSale1,250$79.40$99.2KForm 4
Aug 5, 2026MATULA KRISTOPHER JDirectorSale1,930$84.58$163.2KForm 4
May 13, 2026Twedt JillSVP General Counsel & Corp SecSale6,070$66.45$403.4KForm 4
Aug 22, 2025Strom Jeffrey RobertCOOSale1,000$91.06$91.1KForm 4
Aug 7, 2025Little TroyEVP, Wood ProductsSale2,033$83.10$168.9KForm 4
Aug 6, 2025Twedt JillSVP General Counsel & Corp SecSale1,782$83.97$149.6KForm 4
Jun 4, 2025Twedt JillSVP General Counsel & Corp SecSale1,200$88.01$105.6KForm 4
Jun 4, 2025Barney Joanna L.EVP, BMDSale1,000$87.68$87.7KForm 4
Mar 5, 2025Strom Jeffrey RobertCOOSale4,500$100.21$450.9KForm 4
Mar 3, 2025MATULA KRISTOPHER JDirectorSale447$104.17$46.6KForm 4
Feb 25, 2025MATULA KRISTOPHER JDirectorSale553$103.16$57.0KForm 4
Nov 27, 2024CARLILE THOMAS EDirectorSale9,591$146.30$1.4MForm 4
Nov 12, 2024Little TroyEVP, Wood ProductsSale1,192$141.44$168.6KForm 4
Nov 7, 2024MATULA KRISTOPHER JDirectorSale1,500$141.18$211.8KForm 4
Sep 6, 2024Twedt JillSVP General Counsel & Corp SecSale2,000$124.74$249.5KForm 4
May 15, 2024Strom Jeffrey RobertCOOSale3,000$140.00$420.0KForm 4
May 13, 2024Twedt JillSVP General Counsel & Corp SecSale1,852$135.00$250.0KForm 4
May 9, 2024Strom Jeffrey RobertCOOSale2,500$135.00$337.5KForm 4
Apr 5, 2024HOGANS MACK LDirectorSale0$149.15$18Form 4
Mar 4, 2024Brown Dean MichaelEVP, Wood ProductsSale11,117$139.09$1.5MForm 4

All 38 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Nate JorgensenChief Executive Officer & Director$1.1M$7.2M73
2025Jeff StromChief Operating Officer$647.5K$2.6M73
2025Kelly HibbsSVP, Chief Financial Officer, and Treasurer$602.7K$2.0M73
2025Joanna BarneyEVP, Building Materials Distribution$515.3K$1.9M73
2025Troy LittleEVP, Wood Products$564.4K$1.8M73
2024Nate JorgensenChief Executive Officer & Director$1.1M$7.5M73
2024Jeff StromChief Operating Officer$559.9K$2.2M73
2024Kelly HibbsSVP, Chief Financial Officer, and Treasurer$563.7K$2.1M73
2024Troy LittleEVP, Wood Products$513.7K$1.9M73
2023Nate JorgensenChief Executive Officer & Director$1.0M$7.7M73
2023Kelly HibbsSVP, Chief Financial Officer, and Treasurer$523.2K$2.5M73
2023Jeff StromChief Operating Officer$510.1K$2.4M73

SEC filer profile

How BOISE CASCADE Co is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBOISE CASCADE Co1
  • CIK0001328581
  • Employer ID (EIN)20-14962014
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Industry code (SIC)5030 Wholesale-Lumber & Other Construction Materials1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address1111 West Jefferson Street, Suite 300, P. O. Box 50, Boise, ID 837021
  • Phone(208) 384-61611
  • Shares outstanding34,891,351 as of Jul 31, 202611
  • Public float$3.2B as of Jun 30, 20254
  • AuditorKPMG LLP, Boise, ID PCAOB ID 185; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceJun 13, 20051
  • Filings869 in all: 4 (406), 8-K (186), SC 13G/A (43), 10-Q (41), 3 (32), 144 (29), 10-K (14), DEF 14A (13)1
    All 34 form types

    SC 13G (12), DEFA14A (9), 4/A (7), CORRESP (7), SD (7), 5 (6), ARS (6), S-1/A (6), SCHEDULE 13G/A (6), EFFECT (5), UPLOAD (5), 8-K/A (4), S-1 (3), S-4 (3), S-8 (3), 424B3 (2), 424B4 (2), PRE 14A (2), S-4/A (2), SCHEDULE 13G (2), 10-K/A (1), 424B1 (1), 8-A12B (1), CERTNAS (1), CT ORDER (1), FWP (1)

  • Latest filingsAnnual report (10-K) Feb 24, 2026
    Quarterly report (10-Q) Aug 3, 2026
    Proxy statement (DEF 14A) Mar 17, 2026
    Latest 8-K (8-K) Aug 3, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.01 par value per shareBCCNew York Stock Exchange

From the cover page of the 10-K filed Feb 24, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks BOISE CASCADE Co names in Item 1A of its 10-K filed Feb 24, 2026: 29 risks under these headings, as written.4

  • Risks Relating to Our Business
  • Competitive Risks
  • A portion of the products we purchase and resell or manufacture are commodities whose price is determined by the market's supply and demand for such products, and the markets in which we operate are cyclical and competitive.
  • Our industry is highly competitive. If we are unable to compete effectively, our sales, operating results, and growth strategies could be negatively affected.
  • Some of our products are vulnerable to declines in demand due to competing technologies or materials, as well as changes in building code provisions.
  • Operational Risks
  • Cybersecurity risks related to the technology used in our operations and other business processes, as well as security breaches of company, customer, employee, and vendor information, could adversely affect our business.
  • A material disruption at one of our manufacturing facilities could prevent us from meeting customer demand, including the demand from our Building Materials Distribution business, reduce our sales, and/or negatively affect our financial results.
  • Declining demand for residual byproducts could negatively affect our financial results and operations.
  • Labor disruptions, shortages of skilled and technical labor, or increased labor costs could adversely affect our business.
  • Product shortages, loss of key suppliers, and our dependence on third-party suppliers and manufacturers could affect our financial health.
  • We depend on third parties for transportation services and limited availability or increases in costs of transportation could adversely affect our business and operations.
The other 20 risks
  • Our manufacturing operations may have difficulty obtaining wood fiber at favorable prices or at all.
  • We may be unable to attract and retain key management and other key employees.
  • Our strategy includes both organic growth and pursuing acquisitions, which we may be unable to execute efficiently and effectively.
  • We invest resources to update and improve our information technology systems and software platforms. Should our investments not succeed, or if delays or other issues with new or existing technology systems and software platforms disrupt our operations, our business could be harmed.
  • We may be unable to successfully pursue our long-term growth strategy related to innovation and digital technology.
  • Financial Risks
  • A significant portion of our sales are concentrated with a small number of customers.
  • Adverse market conditions may increase the credit risk from our customers.
  • Our long-lived assets, goodwill, and/or intangible assets may become impaired, which may require us to record non-cash impairment charges that could have a material impact on our results of operations.
  • Our operations require substantial capital, and recent significant capital investments and acquisitions have increased fixed costs, which could negatively affect our profitability.
  • Our ability to service our indebtedness or to fund our other liquidity needs is subject to various risks.
  • The terms of our debt agreements restrict, and covenants contained in agreements governing indebtedness in the future may impose significant operating and financial restrictions on our company and our subsidiaries, which may prevent us from capitalizing on business opportunities.
  • Risks Relating to Laws and Regulations
  • Changes in or failure to comply with laws and regulations could adversely impact our business, financial condition and results of operations.
  • Changes in foreign trade policy, including the imposition of tariffs, could impact our product pricing and input costs.
  • Compliance with data privacy and security laws and regulations could adversely affect our business.
  • The impacts of climate change, and related legislative and regulatory responses intended to reduce climate change, may adversely impact our business.
  • We are subject to environmental regulation and environmental compliance expenditures, as well as other potential environmental liabilities.
  • The nature of our business exposes us to product liability, product warranty, casualty, manufacturing and construction defects, and other claims.
  • Risks Relating to Ownership of Our Common Stock
  • The price of our common stock may fluctuate significantly.
  • We may not pay cash dividends in the future.
  • Certain provisions of our organizational documents and other contractual provisions may make it difficult for stockholders to change the composition of our board of directors and may discourage hostile takeover attempts that some of our stockholders may consider to be beneficial.

Legal proceedings

We are a party to legal proceedings that arise in the ordinary course of our business, including commercial liability claims, premises claims, environmental claims, employment-related claims, and governmental investigations and audits, among others. As of the date of this filing, we do not believe that we are party to any legal action that could reasonably be expected to have, individually or in the aggregate, a material adverse effect on our financial position, results of operations, or cash flows. See Note 16, Commitments, Legal Proceedings and Contingencies, and Guarantees, of the Notes to Consolidated Financial Statements in "Item 8. Financial Statements and Supplementary Data" of this Form 10-K for a discussion of material legal proceedings in which we are involved.

SEC regulations require us to disclose certain information about proceedings arising under federal, state or local environmental provisions if we reasonably believe that such proceedings may result in monetary sanctions above a stated threshold. Pursuant to the SEC regulations, we use a threshold of $1 million or more for purposes of determining whether disclosure of any such proceedings is required.

The opening of Item 3, Legal Proceedings.4

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