SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-Q


_X_  Quarterly report under Section 13 or 15(d) of the Securities Exchange Act
     of 1934


FOR THE QUARTERLY PERIOD ENDED   MARCH 31, 2000    or
                               -------------------

___  Transition report pursuant to Section 13 or 15(d) of the Securities
     Exchange Act of 1934

For the transition period from ________________ to ________________

Commission file number 0-19335



                     BUILDING MATERIALS HOLDING CORPORATION
                        (Parent of BMC West Corporation)

Delaware                                          91-1834269
(State of other jurisdiction of                   (IRS Employer
 incorporation or organization)                   Identification No.)




                     Building Materials Holding Corporation
       One Market Plaza, Steuart Tower, Ste 2650, San Francisco, CA 94105
                    Telephone: (208)331-4382 or (415)227-1650



Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding  12 month (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.


Yes _X_ No ___


            CLASS                                        Shares Outstanding as
            -----
                                                         of May 8, 2000:

            Common stock $.001 par value                 12,734,754

<PAGE>


                     BUILDING MATERIALS HOLDING CORPORATION

                                      INDEX
                                      -----

                                                                           Page
                                                                          NUMBER
PART I -- FINANCIAL INFORMATION

           Item 1 - Financial Statements

           Condensed Consolidated Statements of Income for
           the three months ended March 31, 2000 and 1999                      3

           Condensed Consolidated Balance Sheets as of March 31, 2000
           and December 31, 1999                                               4

           Condensed Consolidated Statements of Cash Flows for
           the three months ended March 31, 2000 and 1999                      5

           Notes to Condensed Consolidated Financial Statements                6

           Item 2 - Management's Discussion and Analysis of
           Financial Condition and Results of Operations                       8


PART II - OTHER INFORMATION

           Item 1 - Legal Proceedings                                         11

           Item 4 - Submission of Matters to a Vote of Security Holders       12

           Item 6 - Exhibits and Reports on Form 8-K                          12

SIGNATURES                                                                    13

INDEX TO EXHIBITS                                                             14


EXHIBITS                                                                      15

                                       2
<PAGE>


                     BUILDING MATERIALS HOLDING CORPORATION
                   CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                                   (UNAUDITED)
                  (amounts in thousands, except per share data)


                                                           Three Months Ended
                                                        March 31,      March 31,
                                                          2000           1999
                                                        --------       --------

Net sales                                               $233,467       $215,625

Cost of sales                                            173,466        161,514
                                                        --------       --------
Gross profit                                              60,001         54,111

Selling, general and                                      52,905         47,954
  administrative expense

Other income                                               2,565            487
                                                        --------       --------
Income from operations                                     9,661          6,644

Equity in earnings of unconsolidated
 companies, net of amortization                            1,976             --

Interest expense                                           4,373          2,544
                                                        --------       --------
Income before income taxes                                 7,264          4,100

Income taxes                                               2,797          1,579
                                                        --------       --------

Net Income                                              $  4,467       $  2,521
                                                        ========       ========

Net income per common share:
  Basic:                                                   $0.35          $0.20
                                                           =====          =====

  Diluted:                                                 $0.35          $0.20
                                                           =====          =====

The accompanying notes are an integral part of these condensed consolidated
financial statements.

                                       3
<PAGE>


                     BUILDING MATERIALS HOLDING CORPORATION
                      CONDENSED CONSOLIDATED BALANCE SHEETS
                    (amounts in thousands, except share data)

                                                       (UNAUDITED)
                                                         March 31,  December 31,
                                                           2000         1999
                                                         --------     --------
ASSETS
Current assets
     Cash                                                $  8,391     $  7,452
     Receivables, net                                     114,524      110,123
     Inventories                                           90,814       80,679
     Prepaid expenses and other current assets              5,867       10,433
                                                         --------     --------
         Total current assets                             219,596      208,687

Property, plant and equipment, net                        165,640      153,598
Equity investments in unconsolidated companies             32,738       30,762
Goodwill, net                                              47,143       47,477
Deferred loan costs                                         4,611        4,873
Other                                                       6,199        4,722
                                                         --------     --------
Total assets                                             $475,927     $450,119
                                                         ========     ========

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
   Current portion of long-term debt                     $  3,200     $  3,200
   Accounts payable and accrued expenses                   69,314       66,204
                                                         --------     --------
      Total current liabilities                            72,514       69,404

Long-term debt, net of current portion                    187,636      170,547
Other long-term liabilities                                11,175       10,058

Stockholders' equity
   Common stock, $.001 par value, 20,000,000
   shares authorized; 12,700,686 and
   12,679,686 shares outstanding, respectively
                                                               13           13
Additional paid-in capital                                108,458      108,433
Retained earnings                                          96,131       91,664
                                                         --------     --------
      Total stockholders' equity                          204,602      200,110
                                                         --------     --------
Total liabilities and stockholders' equity               $475,927     $450,119
                                                         ========     ========

The accompanying notes are an integral part of these condensed consolidated
financial statements.

                                       4
<PAGE>


                     BUILDING MATERIALS HOLDING CORPORATION
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)
                             (amounts in thousands)
                                                          Three Months Ended
                                                         March 31,   March 31,
                                                           2000        1999
                                                         --------    --------
CASH FLOWS FROM OPERATING ACTIVITIES
Net income                                               $  4,467    $  2,521
Adjustments to reconcile net income to cash
 used by operating activities:
   Depreciation and amortization                            3,998       3,515
   Net gain on sale of assets                              (2,056)       (102)
   Equity in earnings of unconsolidated
    companies, net of amortization                         (1,976)         --
Changes in assets and liabilities, net of
 effects of acquisitions and location sales
   Receivables, net                                        (4,160)     (9,710)
   Inventories                                            (10,040)     (4,074)
   Prepaid expenses                                         4,566         179
   Accounts payable and accrued expenses                    2,379       5,626
   Other assets and long-term liabilities                     309         368
                                                         --------    --------
Net cash used by operating activities                      (2,513)     (1,677)
                                                         ========    ========

CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment                       (18,610)     (5,206)
Acquisitions, net of cash acquired                           (479)       (304)
Proceeds from disposition of property and equipment         5,478         212
Other, net                                                   (750)         --
                                                         --------    --------
Net cash used in investing activities                     (14,361)     (5,298)
                                                         ========    ========

CASH FLOWS FROM FINANCING ACTIVITIES
Principal payments of other notes payable                      --      (5,023)
Net borrowings under revolving credit agreement            17,089      15,480
Increase(decrease) in book overdrafts                         705      (3,359)
Increase in other assets                                       19          16
                                                         --------    --------
Net cash provided by financing activities                  17,813       7,114
                                                         ========    ========

Net change in cash                                            939         139
Cash, beginning of period                                   7,452       8,264
                                                         --------    --------
Cash, end of period                                      $  8,391    $  8,403
                                                         ========    ========

The accompanying notes are an integral part of these condensed consolidated
financial statements.

                                       5
<PAGE>


                     BUILDING MATERIALS HOLDING CORPORATION
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (UNAUDITED)


1.   BASIS OF PRESENTATION

The  condensed  consolidated  financial  statements  included  herein  have been
prepared  by  Building  Materials  Holding  Corporation  (the  "Company")  on  a
consolidated basis, without audit,  pursuant to the rules and regulations of the
Securities and Exchange Commission. Certain information and footnote disclosures
normally  included  in  the  consolidated   financial   statements  prepared  in
accordance  with Generally  Accepted  Accounting  Principles  ("GAAP") have been
condensed or omitted pursuant to the rules and regulations of the Securities and
Exchange  Commission.  Although the Company  believes that the  disclosures  are
adequate to make the  information  presented not  misleading,  it is recommended
that these condensed  consolidated  financial  statements be read in conjunction
with the Company's audited  consolidated  financial statements and notes thereto
included  in  the  1999  Annual  Report.  In  the  opinion  of  management,  all
adjustments  necessary to present  fairly the results for the periods  presented
have been included. The adjustments made were of a normal, recurring nature.

Due to the seasonal nature of our business,  the condensed  consolidated results
of  operations  and  resulting  cash  flows for the  periods  presented  are not
necessarily  indicative  of the results  that might be  expected  for the fiscal
year.


2.   NET SALES BY PRODUCT (in thousands)

                                              Three Months Ended
                                    March 31                       March 31
                                      2000                           1999
                                ----------------               -----------------

Wood Products                   $ 98,562    42.2%              $ 90,731    42.1%
Value-added                       94,274    40.4                 78,113    36.2
Building Materials                26,196    11.2                 29,185    13.5
Other                             14,435     6.2                 17,596     8.2
                                --------   -----               --------   -----
                                $233,467   100.0%              $215,625   100.0%
                                ========                       ========


                                       6
<PAGE>


3.   NET INCOME PER COMMON SHARE (in thousands)

Net income per common share was determined as follows:

                                                             Three Months Ended
                                                            March 31,  March 31,
                                                              2000        1999
                                                             -------    -------

Net income available to common shareholders                  $ 4,467    $ 2,521
                                                             =======    =======

Weighted average shares outstanding used to determine
   basic net income per common share                          12,689     12,655

Net effect of dilutive stock options                             104        125
                                                             -------    -------

Weighted average shares used to determine diluted net
   income per common share                                    12,793     12,780
                                                             =======    =======


4.   DEBT

Debt consisted of the following (in thousands):

                                                                      MARCH 31,
                                                                        2000
                                                                      ---------
Term note                                                             $ 100,000
Revolving credit facility                                                87,296
Non-interest bearing term note, net of related
  discount of $1,460                                                      3,540
                                                                      ---------
                                                                        190,836
Less current portion                                                     (3,200)
                                                                      ---------
                                                                      $ 187,636
                                                                      =========

5.   SUBSEQUENT EVENT

On May 8, 2000,  we completed the  acquisition  of four  warehouse  distribution
centers  along with  several  sales  offices  doing  business as Marvin  Windows
Planning  Center from  Frontier  Wholesale  Company.  The  headquarters  of this
acquisition  is based in  Dallas,  Texas.  We paid  cash  consideration  of $5.2
million,  which was financed  through  borrowings  under the existing  revolving
credit facility.

                                       7
<PAGE>


                     BUILDING MATERIALS HOLDING CORPORATION

           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                            AND RESULTS OF OPERATIONS

CAUTION
-------

     Certain  statements made in this Form 10-Q may constitute  "forward-looking
statements" within the meaning of the Private  Securities  Litigation Reform Act
of 1995.  Such  forward-looking  statements  involve  known and  unknown  risks,
uncertainties  and other factors that may cause our actual results,  performance
or achievements, or industry results, to be materially different from any future
results,   performance   or   achievements   expressed   or   implied   by  such
forward-looking  statements.  Such  factors are  discussed in detail in Building
Materials Holding Corporation's Form 10-K for the fiscal year ended December 31,
1999.  Given these  uncertainties,  investors  are  cautioned not to place undue
reliance on such  forward-looking  statements.  We disclaim  any  obligation  to
update any such factors or to publicly  announce the results of any revisions to
any of the  forward-looking  statements  contained in the Annual  Report on Form
10-K or this Form 10-Q except as required by law.

The  following  table  sets  forth  for the  periods  indicated  the  percentage
relationship to net sales of certain costs, expenses and income items. The table
and subsequent  discussion  should be read in conjunction  with the consolidated
financial statements and the notes thereto appearing elsewhere herein and in the
Annual Report on Form 10-K for the year ended December 31, 1999.

                                                      For The Three Months Ended
                                                       March 31,       March 31,
                                                         2000            1999
                                                        ------          ------
Net sales                                                100.0%          100.0%
Gross profit                                              25.7            25.1
Selling, general and
 administrative expense                                   22.7            22.2
Income from operations                                     4.1             3.1
Equity in earnings of
 unconsolidated companies                                  0.8              --
Interest expense                                           1.9             1.2
Income taxes                                               1.2             0.7
Net income                                                 1.9             1.2

                                       8
<PAGE>


          FIRST QUARTER OF 2000 COMPARED TO THE FIRST QUARTER OF 1999
          -----------------------------------------------------------

Net sales for the three months ended March 31, 2000 were $233.5 million, up 8.3%
from first quarter 1999 net sales of $215.6 million.  This increase is primarily
due to the result of a $16.8  million,  or 8.2%  increase in sales at facilities
that  operated  for at least two  months in both the first  quarter  of 1999 and
2000.  Same-store sales showed  improvement over all of our 10-state market area
with  double-digit  growth  noted in Montana,  Texas and Utah.  Net sales in the
first quarter of 2000 were also favorably  impacted by recent  acquisitions  and
denovo expansion offset by certain location sales/closures. Value-added products
accounted  for $94.3  million,  or 40.4% of net sales for the first  quarter  of
2000,  an  increase  from  $78.1  million,  or 36.2% of net  sales for the first
quarter of 1999.

Gross profit as a percentage of sales increased to 25.7% in the first quarter of
2000 from 25.1% in the first quarter of 1999,  primarily as a result of improved
margins on the sale of products to new  residential  contractors  and  increased
sales of value-added  products  including  roof and floor trusses,  wall panels,
pre-hung doors and millwork.

Selling,  general and  administrative  (SG&A)  expense was $52.9  million in the
first quarter of 2000 as compared to $48.0 million in the first quarter of 1999.
SG&A expense  increased as a percentage of net sales from 22.2% in 1999 to 22.7%
in 2000.  This  increase  can be  attributed  to higher  costs  associated  with
value-added  products as well as the cost of integrating acquired operations and
start up costs of denovo expansion.

Other  income  increased  primarily  from the gain on the sale of real estate in
Beaverton, Oregon for approximately $2.2 million.

Equity  in  earnings  of  unconsolidated  companies  was  $2.0  million,  net of
amortization  of  goodwill,  after  the  completion  of an  investment  of a 49%
interest  in  Knipp  Brothers  Industries,  LLC,  a  framing  company,  and  KBI
Distribution, LLC, a lumber yard, in the second quarter of 1999.

Interest  expense of $4.4 million in the first  quarter of 2000  increased  from
$2.5  million  in the same  period  of 1999,  primarily  due to an  increase  in
interest rates and average debt outstanding to fund operations and expansion.

                                       9
<PAGE>


Income taxes were provided at estimated  annual effective tax rates of 38.5% for
the quarters ended March 31, 2000 and March 31, 1999.


LIQUIDITY AND CAPITAL RESOURCES
-------------------------------

Our primary  need for  capital  resources  is to fund future  growth and capital
expenditures,  as well as to  finance  working  capital  needs  which  have been
increasing as we have grown in recent years.  Capital  resources  have primarily
consisted of cash flows from operations and debt issuance.

OPERATIONS

In the first three months of 2000,  net cash used in operations was $2.5 million
compared to $1.7 million in the first three months of 1999. The increase in cash
used in operations is due to timing of the collection of receivables,  purchases
of  inventory,  and  payments on payables as net working  capital  increased  to
$147.1 million at March 31, 2000 compared to $128.4 million at March 31, 1999.

CAPITAL INVESTMENT AND ACQUISITIONS

Capital expenditures, exclusive of acquisitions, were $18.6 million in the first
three months of 2000.  Capital  expenditures  included  purchases of  additional
property and expansion and remodeling of existing building materials centers and
value-added facilities.  Proceeds from the disposition of property and equipment
were $5.5 million.

On February 28, 2000, we completed the  acquisition of Alberta Sales, a millwork
facility that was consolidated into our existing Carson Valley location. We paid
cash consideration of $479,000,  which was financed through borrowings under the
existing revolving credit facility.

FINANCING

Net cash provided by financing activities was $17.8 million in the first quarter
of 2000  compared  to $7.1  million  in the same  period  in 1999.  The  Company
utilized  its  available  borrowing  capacity to finance  its growth  during the
quarter.

                                       10
<PAGE>


The Company's  borrowing  capacity  under its new revolving  credit  facility is
currently  $125 million.  Borrowings  under the agreement bear interest at prime
plus 0.50% to 1.50%, or Offshore Rate plus 2.00% to 3.00%. The agreement expires
in 2004.

In the third quarter of 1998, a shelf registration was filed with the Securities
and Exchange  Commission to register  2,000,000  shares of common stock.  We may
issue  these  shares  from  time to  time in  connection  with  future  business
combinations, mergers and/or acquisitions.

Based on the  Company's  ability  to  generate  cash flow from  operations,  its
borrowing  capacity  under the  revolver and its access to equity  markets,  the
Company believes it will have sufficient capital to meet its anticipated needs.

DISCLOSURES OF CERTAIN MARKET RISKS

We experience  changes in interest  expense when market interest rates change or
changes are made to our debt structure.  Previously we have managed our exposure
to market  interest rate changes  through  periodic  refinancing of our variable
rate debt with fixed rate term debt  obligations.  Based on debt  outstanding at
March 31,  2000,  a 25 basis point  increase in interest  rates would  result in
approximately $477,000 of additional annual interest costs.

Commodity wood products,  including lumber and panel products, currently account
for approximately 42% of net sales. Prices of commodity wood products, which are
subject to significant  volatility,  could directly  affect net sales. We do not
utilize any derivative financial instruments.

PART II -- OTHER INFORMATION

ITEM 1.   LEGAL PROCEEDINGS

          We are involved in litigation  and other legal matters  arising in the
          normal course of business. In the opinion of management,  our recovery
          or  liability,  if any,  under  any of these  matters  will not have a
          material  effect on our  financial  position,  liquidity or results of
          operations.

                                       11
<PAGE>


ITEM 4.   Submission of Matters to a Vote of Security Holders
          None


ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K

(a)       Exhibits
          Exhibit 27 - Financial Data Schedule

(b)       Reports on Form 8-K
                None





                                       12
<PAGE>


                                   SIGNATURES
                                   ----------

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                BUILDING MATERIALS HOLDING CORPORATION


Date:  May 8, 2000              /s/ Robert E. Mellor
                                ------------------------------------------------
                                Robert E. Mellor
                                President, Chief Executive Officer
                                and Director (Principal Executive Officer)


Date:  May 8, 2000              /s/ Ellis C. Goebel
                                ------------------------------------------------
                                Ellis C. Goebel
                                Senior Vice President - Finance
                                and Treasurer
                                (Principal Financial Officer)

                                       13
<PAGE>


                                INDEX TO EXHIBITS

                     BUILDING MATERIALS HOLDING CORPORATION

                          Quarterly Report on Form 10-Q
                      For the Quarter Ended March 31, 2000



                                                                           Page
EXHIBIT      DESCRIPTION                                                  NUMBER
-------      -----------                                                  ------


27           Financial Data Schedule



                                       14