Income Statement Stella-Jones Inc.

Equities

SJ

CA85853F1053

Forest & Wood Products

Market Closed - Toronto S.E. Other stock markets 04:00:00 2026-04-16 pm EDT			5-day change	1st Jan Change
82.86 ^CAD	-1.40%		-4.91%	-2.67%

Apr. 13	RBC Changes Estimates for Canadian Trucking and Diversified Industrials	MT
Feb. 26	Stella-Jones Inc., Q4 2025 Earnings Call, Feb 26, 2026

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Published financial data: STELLA-JONES INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2.75B	3.06B	3.32B	3.47B	3.49B
Total Revenues	2.75B	3.06B	3.32B	3.47B	3.49B
Cost of Goods Sold, Total	2.29B	2.54B	2.63B	2.74B	2.8B
Gross Profit	456M	524M	688M	724M	695M
Selling General & Admin Expenses, Total	127M	157M	181M	206M	213M
Other Operating Expenses	3M	3M	2M	-	4M
Other Operating Expenses, Total	130M	160M	183M	206M	217M
Operating Income	326M	364M	505M	518M	478M
Interest Expense, Total	-23M	-33M	-68M	-88M	-69M
Net Interest Expenses	-23M	-33M	-68M	-88M	-69M
Currency Exchange Gains (Loss)	-	-	-	-	-
EBT, Excl. Unusual Items	303M	331M	437M	430M	409M
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-5M	-2M	-5M	-
Insurance Settlements	-	-	17M	-	38M
Other Unusual Items	-	-	-21M	-10M	-
EBT, Incl. Unusual Items	303M	326M	431M	415M	447M
Income Tax Expense	76M	85M	105M	96M	110M
Earnings From Continuing Operations	227M	241M	326M	319M	337M
Net Income to Company	227M	241M	326M	319M	337M
Net Income - (IS)	227M	241M	326M	319M	337M
Net Income to Common Incl Extra Items	227M	241M	326M	319M	337M
Net Income to Common Excl. Extra Items	227M	241M	326M	319M	337M
Per Share Items
Net EPS - Basic	3.49	3.93	5.62	5.66	6.09
Basic EPS - Continuing Operations	3.49	3.93	5.62	5.66	6.09
Basic Weighted Average Shares Outstanding	65M	61.4M	57.96M	56.4M	55.32M
Net EPS - Diluted	3.49	3.93	5.62	5.66	6.09
Diluted EPS - Continuing Operations	3.49	3.93	5.62	5.66	6.09
Diluted Weighted Average Shares Outstanding	65M	61.4M	57.97M	56.41M	55.37M
Normalized Basic EPS	2.91	3.37	4.71	4.76	4.62
Normalized Diluted EPS	2.91	3.37	4.71	4.76	4.62
Dividend Per Share	0.72	0.8	0.92	1.12	1.24
Payout Ratio	20.7	20.33	16.26	19.75	20.18
American Depositary Receipts Ratio (ADR)	0.33	0.33	0.33	0.33	0.33
Supplemental Items
EBITDA	359M	407M	555M	575M	546M
EBITA	334M	376M	515M	529M	491M
EBIT	326M	364M	505M	518M	478M
Effective Tax Rate - (Ratio)	25.08	26.07	24.36	23.13	24.61
Total Current Taxes	64M	79M	83M	86M	84M
Total Deferred Taxes	12M	6M	22M	10M	26M
Normalized Net Income	189M	207M	273M	269M	256M
Interest on Long-Term Debt	23M	33M	68M	88M	69M
Non-Cash Pension Expense	1M	1M	0	0	0
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	4M	7M	13M	14M	14M
Total Stock-Based Compensation	4M	7M	13M	14M	14M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	-	-	-	50M	44M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	-	-	-	50M	44M
Accounts Receivable, Total	218M	270M	270M	246M	237M
Other Receivables	21M	17M	49M	42M	44M
Total Receivables	239M	287M	319M	288M	281M
Inventory	1.11B	1.24B	1.58B	1.76B	1.65B
Prepaid Expenses	-	-	-	-	-
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	43M	58M	48M	42M	41M
Total Current Assets	1.39B	1.58B	1.95B	2.14B	2.02B
Gross Property Plant And Equipment	965M	1.14B	1.45B	1.68B	1.76B
Accumulated Depreciation	-198M	-226M	-258M	-317M	-358M
Net Property Plant And Equipment	767M	915M	1.19B	1.36B	1.4B
Long-term Investments	3M	29M	21M	21M	9M
Goodwill	341M	369M	375M	406M	434M
Other Intangibles, Total	158M	171M	169M	170M	243M
Other Long-Term Assets, Total	8M	6M	5M	8M	8M
Total Assets	2.66B	3.07B	3.71B	4.1B	4.12B
Liabilities
Accounts Payable, Total	57M	157M	152M	127M	112M
Accrued Expenses, Total	82M	-	-	-	-
Current Portion of Long-Term Debt	33M	1M	100M	1M	37M
Current Portion of Leases	35M	41M	54M	64M	63M
Current Income Taxes Payable	1M	7M	-	-	-
Unearned Revenue Current, Total	-	-	-	17M	-
Other Current Liabilities	34M	53M	78M	77M	61M
Total Current Liabilities	242M	259M	384M	286M	273M
Long-Term Debt	701M	940M	1.22B	1.38B	1.3B
Long-Term Leases	109M	126M	240M	259M	240M
Pension & Other Post Retirement Benefits	13M	7M	10M	4M	1M
Deferred Tax Liability Non Current	137M	158M	175M	197M	218M
Other Non Current Liabilities	15M	26M	31M	37M	44M
Total Liabilities	1.22B	1.52B	2.06B	2.16B	2.08B
Common Stock, Total	208M	194M	189M	188M	187M
Additional Paid In Capital	-	-	-	-	5M
Retained Earnings	1.16B	1.19B	1.33B	1.5B	1.68B
Comprehensive Income and Other	79M	171M	134M	255M	166M
Total Common Equity	1.45B	1.56B	1.65B	1.94B	2.04B
Total Equity	1.45B	1.56B	1.65B	1.94B	2.04B
Total Liabilities And Equity	2.66B	3.07B	3.71B	4.1B	4.12B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	63M	58.69M	56.76M	55.71M	54.61M
ECS Total Common Shares Outstanding	63.77M	59.12M	56.87M	55.82M	54.7M
Book Value / Share	22.71	26.34	29.05	34.77	37.28
Tangible Book Value	949M	1.02B	1.11B	1.36B	1.36B
Tangible Book Value Per Share	14.88	17.2	19.48	24.45	24.9
Total Debt	878M	1.11B	1.61B	1.7B	1.64B
Net Debt	878M	1.11B	1.61B	1.65B	1.6B
Debt Equivalent of Unfunded Proj. Benefit Obligation	10M	5M	8M	2M	-1M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	692M	770M	988M	1.05B	980M
Inventories - Finished Goods, Total	414M	468M	592M	712M	673M
Land - (BS)	61M	68M	76M	83M	110M
Buildings, Total	147M	179M	202M	265M	307M
Machinery, Total	597M	716M	867M	998M	1.04B
Full Time Employees	2.4K	2.62K	2.9K	3K	3.2K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	1M	1M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	227M	241M	326M	319M	337M
Depreciation & Amortization - CF	63M	73M	93M	112M	123M
Amortization of Goodwill and Intangible Assets - (CF)	8M	12M	10M	11M	13M
Depreciation & Amortization, Total	71M	85M	103M	123M	136M
Amortization of Deferred Charges, Total - (CF)	3M	4M	6M	7M	9M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
Stock-Based Compensation (CF)	-	-	-	-	-
Other Operating Activities, Total	-27M	30M	17M	16M	-20M
Change In Accounts Receivable	-19M	-43M	-7M	56M	34M
Change In Inventories	-21M	-75M	-353M	-82M	85M
Change In Accounts Payable	24M	22M	9M	-40M	-31M
Change In Income Taxes	-	-	-2M	-	-4M
Change in Other Net Operating Assets	-7M	-9M	8M	9M	11M
Cash from Operations	251M	255M	107M	408M	557M
Capital Expenditure	-48M	-97M	-152M	-132M	-103M
Sale of Property, Plant, and Equipment	-	-	-	-	9M
Cash Acquisitions	-129M	-46M	-93M	-4M	-262M
Sale (Purchase) of Real Estate properties	-	-	-3M	-	-
Sale (Purchase) of Intangible assets	-16M	-11M	-10M	-11M	-9M
Other Investing Activities, Total	-	-	-	10M	28M
Cash from Investing	-193M	-154M	-258M	-137M	-337M
Short Term Debt Issued, Total	125M	-	-	-	-
Long-Term Debt Issued, Total	247M	202M	395M	568M	142M
Total Debt Issued	372M	202M	395M	568M	142M
Short Term Debt Repaid, Total	-123M	-	-	-	-
Long-Term Debt Repaid, Total	-153M	-74M	-51M	-636M	-210M
Total Debt Repaid	-276M	-74M	-51M	-636M	-210M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-108M	-180M	-142M	-90M	-90M
Common Dividends Paid	-47M	-49M	-53M	-63M	-68M
Common & Preferred Stock Dividends Paid	-47M	-49M	-53M	-63M	-68M
Other Financing Activities, Total	1M	-	2M	-	-
Cash from Financing	-58M	-101M	151M	-221M	-226M
Net Change in Cash	-	-	-	50M	-6M
Supplemental Items
Cash Interest Paid	23M	32M	68M	85M	69M
Cash Income Tax Paid (Refund)	91M	65M	99M	87M	92M
Levered Free Cash Flow	136M	42.88M	-118M	119M	369M
Unlevered Free Cash Flow	151M	63.5M	-75.38M	174M	412M
Change In Net Working Capital	67M	152M	351M	151M	-66M
Net Debt Issued / Repaid	96M	128M	344M	-68M	-68M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	8	7.93	9.31	8.29	7.27
Return on Total Capital	9.17	9.12	10.65	9.38	8.16
Return On Equity %	16.09	16.04	20.32	17.76	16.93
Return on Common Equity	16.09	16.04	20.32	17.76	16.93
Margin Analysis
Gross Profit Margin %	16.58	17.1	20.73	20.87	19.9
SG&A Margin	4.62	5.12	5.45	5.94	6.1
EBITDA Margin %	13.05	13.28	16.72	16.58	15.64
EBITA Margin %	12.15	12.27	15.52	15.25	14.06
EBIT Margin %	11.85	11.88	15.22	14.93	13.69
Income From Continuing Operations Margin %	8.25	7.86	9.82	9.2	9.65
Net Income Margin %	8.25	7.86	9.82	9.2	9.65
Net Avail. For Common Margin %	8.25	7.86	9.82	9.2	9.65
Normalized Net Income Margin	6.89	6.75	8.23	7.75	7.32
Levered Free Cash Flow Margin	4.96	1.4	-3.55	3.42	10.56
Unlevered Free Cash Flow Margin	5.48	2.07	-2.27	5.01	11.79
Asset Turnover
Asset Turnover	1.08	1.07	0.98	0.89	0.85
Fixed Assets Turnover	3.73	3.64	3.15	2.72	2.53
Receivables Turnover (Average Receivables)	13.38	12.56	12.29	13.45	14.46
Inventory Turnover (Average Inventory)	2.1	2.17	1.87	1.64	1.64
Short Term Liquidity
Current Ratio	5.74	6.11	5.07	7.48	7.4
Quick Ratio	0.99	1.11	0.83	1.18	1.19
Operating Cash Flow to Current Liabilities	1.04	0.98	0.28	1.43	2.04
Days Sales Outstanding (Average Receivables)	27.28	29.06	29.69	27.22	25.24
Days Outstanding Inventory (Average Inventory)	173.51	168.35	195.47	222.6	222.63
Average Days Payable Outstanding	8.79	19.19	18.97	17.46	16.21
Cash Conversion Cycle (Average Days)	191.99	178.22	206.2	232.36	231.66
Long Term Solvency
Total Debt/Equity	60.64	71.16	97.46	87.74	80.53
Total Debt / Total Capital	37.75	41.58	49.36	46.73	44.61
LT Debt/Equity	55.94	68.46	88.14	84.39	75.63
Long-Term Debt / Total Capital	34.82	40	44.64	44.95	41.89
Total Liabilities / Total Assets	45.67	49.33	55.45	52.69	50.47
EBIT / Interest Expense	14.17	11.03	7.43	5.89	6.93
EBITDA / Interest Expense	17.26	13.61	8.94	7.28	8.9
(EBITDA - Capex) / Interest Expense	15.17	10.67	6.71	5.78	7.41
Total Debt / EBITDA	2.21	2.47	2.65	2.66	2.67
Net Debt / EBITDA	2.21	2.47	2.65	2.58	2.6
Total Debt / (EBITDA - Capex)	2.52	3.15	3.53	3.35	3.21
Net Debt / (EBITDA - Capex)	2.52	3.15	3.53	3.25	3.13
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	7.8	11.45	8.29	4.52	0.66
Gross Profit, 1 Yr. Growth %	2.24	14.91	31.3	5.23	-4.01
EBITDA, 1 Yr. Growth %	4.06	13.37	36.36	3.42	-5.04
EBITA, 1 Yr. Growth %	4.7	12.57	36.97	2.52	-7.18
EBIT, 1 Yr. Growth %	5.5	11.66	38.74	2.37	-7.72
Earnings From Cont. Operations, 1 Yr. Growth %	8.1	6.17	35.27	-2.15	5.64
Net Income, 1 Yr. Growth %	8.1	6.17	35.27	-2.15	5.64
Normalized Net Income, 1 Yr. Growth %	6.69	9.24	32.02	-1.83	-4.88
Diluted EPS Before Extra, 1 Yr. Growth %	11.86	12.47	43.23	0.64	7.68
Accounts Receivable, 1 Yr. Growth %	12.95	23.85	0	-8.89	-3.66
Inventory, 1 Yr. Growth %	2.88	11.93	27.63	11.33	-6.03
Net Property, Plant and Equip., 1 Yr. Growth %	8.18	19.3	30.16	14.11	3.31
Total Assets, 1 Yr. Growth %	9.85	15.31	20.66	10.65	0.34
Tangible Book Value, 1 Yr. Growth %	-2.97	7.17	8.95	23.19	-0.22
Common Equity, 1 Yr. Growth %	5.46	7.53	6.1	17.49	5.05
Cash From Operations, 1 Yr. Growth %	41.01	1.59	-58.04	281.31	36.52
Capital Expenditures, 1 Yr. Growth %	14.29	110.87	63.44	-13.16	-21.97
Levered Free Cash Flow, 1 Yr. Growth %	33.05	-69.02	-351.47	-201.28	210.42
Unlevered Free Cash Flow, 1 Yr. Growth %	27.62	-58.43	-211.67	-332.44	136.98
Dividend Per Share, 1 Yr. Growth %	20	11.11	15	21.74	10.71
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	12.08	9.61	9.86	6.39	2.57
Gross Profit, 2 Yr. CAGR %	12.86	8.39	22.83	17.54	0.51
EBITDA, 2 Yr. CAGR %	13.43	8.61	24.34	18.86	-0.9
EBITA, 2 Yr. CAGR %	14.45	8.57	24.17	18.61	-2.45
EBIT, 2 Yr. CAGR %	16.06	8.54	24.46	19.29	-2.81
Earnings From Cont. Operations, 2 Yr. CAGR %	18.01	7.13	19.84	15.05	1.67
Net Income, 2 Yr. CAGR %	18.01	7.13	19.84	15.05	1.67
Normalized Net Income, 2 Yr. CAGR %	17.89	7.96	20.09	13.98	-3.37
Diluted EPS Before Extra, 2 Yr. CAGR %	21.35	12.16	26.9	20.06	4.1
Accounts Receivable, 2 Yr. CAGR %	11.93	18.28	11.29	-4.55	-6.31
Inventory, 2 Yr. CAGR %	6.73	7.31	19.52	19.2	2.28
Net Property, Plant and Equip., 2 Yr. CAGR %	5.89	13.6	24.61	21.87	8.57
Total Assets, 2 Yr. CAGR %	8.09	12.55	17.96	15.55	5.37
Tangible Book Value, 2 Yr. CAGR %	3.38	1.97	8.05	15.85	10.87
Common Equity, 2 Yr. CAGR %	6.03	6.49	6.81	11.65	11.1
Cash From Operations, 2 Yr. CAGR %	67	19.69	-34.71	26.49	128.16
Capital Expenditures, 2 Yr. CAGR %	-14.72	51.97	81.78	19.14	-17.68
Levered Free Cash Flow, 2 Yr. CAGR %	201.72	-35.32	-7.7	59.16	77.31
Unlevered Free Cash Flow, 2 Yr. CAGR %	124.24	-26.68	-29.75	60.44	134.7
Dividend Per Share, 2 Yr. CAGR %	13.39	15.47	13.04	18.32	16.1
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.99	11.87	9.17	8.05	4.44
Gross Profit, 3 Yr. CAGR %	11.61	13.54	15.54	16.66	9.87
EBITDA, 3 Yr. CAGR %	13.7	13.41	17.17	17	10.29
EBITA, 3 Yr. CAGR %	14.38	13.82	17.31	16.57	9.3
EBIT, 3 Yr. CAGR %	16.35	14.58	17.79	16.69	9.51
Earnings From Cont. Operations, 3 Yr. CAGR %	18.16	13.92	15.79	12.01	11.82
Net Income, 3 Yr. CAGR %	18.16	13.92	15.79	12.01	11.82
Normalized Net Income, 3 Yr. CAGR %	17.27	14.94	15.45	12.38	7.31
Diluted EPS Before Extra, 3 Yr. CAGR %	20.8	18.31	21.67	17.46	15.78
Accounts Receivable, 3 Yr. CAGR %	6.17	15.77	11.84	4.11	-4.25
Inventory, 3 Yr. CAGR %	9.67	8.43	13.7	16.73	10.12
Net Property, Plant and Equip., 3 Yr. CAGR %	11.6	10.18	18.87	21.01	15.34
Total Assets, 3 Yr. CAGR %	8.92	10.44	15.19	15.47	10.24
Tangible Book Value, 3 Yr. CAGR %	3.68	4.63	4.25	12.88	10.23
Common Equity, 3 Yr. CAGR %	4.16	6.53	6.36	10.26	9.41
Cash From Operations, 3 Yr. CAGR %	25.15	41.5	-15.6	17.58	29.75
Capital Expenditures, 3 Yr. CAGR %	-2.36	13.7	53.53	42.1	3.46
Levered Free Cash Flow, 3 Yr. CAGR %	60.6	41.98	4.77	-4.97	98.86
Unlevered Free Cash Flow, 3 Yr. CAGR %	92.95	28.42	-13.91	4.39	82.72
Dividend Per Share, 3 Yr. CAGR %	14.47	12.62	15.31	15.87	15.73
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	8.39	10.2	9.34	9.65	6.48
Gross Profit, 5 Yr. CAGR %	6.44	11.81	15.97	15.13	9.28
EBITDA, 5 Yr. CAGR %	6.04	11.16	17.84	15.56	9.62
EBITA, 5 Yr. CAGR %	5.8	11.24	18.2	15.71	9.01
EBIT, 5 Yr. CAGR %	6.66	12.2	19.53	16.44	9.12
Earnings From Cont. Operations, 5 Yr. CAGR %	8.08	7.5	18.83	14.37	9.92
Net Income, 5 Yr. CAGR %	8.08	7.5	18.83	14.37	9.92
Normalized Net Income, 5 Yr. CAGR %	6.78	11.76	18.39	14.55	7.57
Diluted EPS Before Extra, 5 Yr. CAGR %	9.47	10.16	23.2	19	14.31
Accounts Receivable, 5 Yr. CAGR %	8.87	11.18	8.19	7.17	4.19
Inventory, 5 Yr. CAGR %	5.29	11.5	13.51	12.62	8.99
Net Property, Plant and Equip., 5 Yr. CAGR %	10.59	14.44	16.63	14.72	14.64
Total Assets, 5 Yr. CAGR %	6.33	11.46	12.45	12.46	11.16
Tangible Book Value, 5 Yr. CAGR %	9.91	7.3	5.41	8.98	6.85
Common Equity, 5 Yr. CAGR %	7.12	6.9	5.21	8.55	8.23
Cash From Operations, 5 Yr. CAGR %	6.66	-3.27	-3.53	35.3	25.63
Capital Expenditures, 5 Yr. CAGR %	-5.36	13.91	24.13	14.87	19.65
Levered Free Cash Flow, 5 Yr. CAGR %	10.03	-30.12	29.06	51.29	29.17
Unlevered Free Cash Flow, 5 Yr. CAGR %	9.51	-25.09	29.14	42.11	28.37
Dividend Per Share, 5 Yr. CAGR %	12.47	12.7	13.9	14.87	15.63