NYSE : BLDR
Builders FirstSource, Inc. — Financial statements
Industrials · Building Products & Equipment · United States
Last price 64.91 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 6.98B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Builders FirstSource, Inc. (BLDR) reported revenue of 14.36B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 14.36B | 15.19B | 16.40B | 17.10B | 22.73B | 19.89B |
| Cost of Revenue | 10.27B | 10.57B | 11.02B | 11.08B | 14.98B | 14.04B |
| Gross Profit | 4.09B | 4.62B | 5.38B | 6.01B | 7.74B | 5.85B |
| Selling, General & Admin | 3.47B | 3.52B | 3.48B | 3.50B | 3.67B | 3.45B |
| Amortization of Goodwill & Intangibles | 317.60M | 306.90M | 306.70M | 337.10M | 302.60M | |
| Operating Expenses | 3.78B | 3.83B | 3.79B | 3.84B | 3.97B | 3.45B |
| Operating Income | 305.89M | 786.28M | 1.60B | 2.18B | 3.77B | 2.41B |
| Interest Expense | -290.50M | -273.89M | -207.72M | -192.12M | -170.97M | -128.78M |
| EBT Excluding Unusual Items | 15.40M | 512.38M | 1.39B | 1.98B | 3.60B | 2.28B |
| Merger & Restructuring Charges | -17.60M | |||||
| Other Unusual Items | -27.40M | -7.10M | ||||
| Pretax Income | 15.40M | 512.38M | 1.39B | 1.98B | 3.57B | 2.25B |
| Income Tax Expense | -25.18M | 77.18M | 309.63M | 443.65M | 822.46M | 526.13M |
| Net Income | 40.58M | 435.20M | 1.08B | 1.54B | 2.75B | 1.73B |
| Net Income to Common | 40.58M | 435.20M | 1.08B | 1.54B | 2.75B | 1.73B |
| Shares Outstanding (Basic) | 108.89M | 111.42M | 118.04M | 127.78M | 161.96M | 201.84M |
| Shares Outstanding (Diluted) | 109.06M | 111.82M | 118.98M | 129.00M | 163.48M | 203.47M |
| EPS (Basic) | 0.37 | 3.91 | 9.13 | 12.06 | 16.98 | 8.55 |
| EPS (Diluted) | 0.37 | 3.89 | 9.06 | 11.94 | 16.82 | 8.48 |
| Free Cash Flow | 251.32M | 853.28M | 1.49B | 1.83B | 3.26B | 1.52B |
| Free Cash Flow Per Share | 2.30 | 7.63 | 12.54 | 14.19 | 19.94 | 7.45 |
| Gross Margin | 28.48% | 30.39% | 32.82% | 35.16% | 34.08% | 29.41% |
| Operating Margin | 2.13% | 5.18% | 9.73% | 12.73% | 16.59% | 12.09% |
| Profit Margin | 0.28% | 2.86% | 6.57% | 9.01% | 12.10% | 8.67% |
| Free Cash Flow Margin | 1.75% | 5.62% | 9.10% | 10.71% | 14.34% | 7.62% |
| EBITDA | 893.70M | 1.38B | 2.16B | 2.73B | 4.27B | 2.95B |
| EBITDA Margin | 6.22% | 9.07% | 13.15% | 15.99% | 18.78% | 14.84% |
| D&A For EBITDA | 587.81M | 591.43M | 561.93M | 558.27M | 497.14M | 547.35M |
| EBIT | 305.89M | 786.28M | 1.60B | 2.18B | 3.77B | 2.41B |
| EBIT Margin | 2.13% | 5.18% | 9.73% | 12.73% | 16.59% | 12.09% |
| Effective Tax Rate | 15.06% | 22.31% | 22.36% | 23.03% | 23.37% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 55.01M | 181.75M | 153.62M | 66.16M | 80.44M | 42.60M |
| Cash & Short-Term Investments | 55.01M | 181.75M | 153.62M | 66.16M | 80.44M | 42.60M |
| Accounts Receivable | 1.45B | 1.19B | 1.31B | 1.60B | 1.63B | 1.92B |
| Other Receivables | 342.99M | 330.01M | 344.34M | 290.31M | 234.97M | 255.07M |
| Receivables | 1.79B | 1.52B | 1.66B | 1.89B | 1.87B | 2.17B |
| Inventory | 1.24B | 1.09B | 1.21B | 1.23B | 1.43B | 1.63B |
| Other Current Assets | 137.13M | 126.81M | 116.66M | 113.40M | 124.20M | 127.96M |
| Total Current Assets | 3.23B | 2.93B | 3.14B | 3.30B | 3.50B | 3.97B |
| Property, Plant & Equipment | 2.75B | 2.83B | 2.56B | 2.31B | 2.05B | 1.84B |
| Goodwill | 4.17B | 4.14B | 3.68B | 3.56B | 3.46B | 3.27B |
| Other Intangible Assets | 988.59M | 1.18B | 1.10B | 1.30B | 1.55B | 1.60B |
| Long-Term Deferred Tax Assets | 31.15M | 23.00M | ||||
| Long-Term Deferred Charges | 65.30M | 80.60M | 52.70M | |||
| Other Long-Term Assets | 107.49M | 59.10M | 50.98M | 37.99M | 36.38M | 29.20M |
| Total Assets | 11.33B | 11.24B | 10.58B | 10.50B | 10.60B | 10.71B |
| Accounts Payable | 900.19M | 714.71M | 868.05M | 881.38M | 803.48M | 1.09B |
| Accrued Expenses | 547.61M | 566.33M | 634.04M | 674.40M | 688.86M | 667.36M |
| Current Portion of Long-Term Debt | 4.11M | 13.91M | 3.00M | 2.46M | 4.23M | 2.22M |
| Current Portion of Leases | 114.89M | 111.55M | 103.97M | 99.40M | 102.88M | 98.12M |
| Current Unearned Revenue | 181.88M | 168.44M | 168.21M | 162.66M | 193.18M | 216.10M |
| Other Current Liabilities | 43.13M | 50.15M | 51.55M | |||
| Total Current Liabilities | 1.75B | 1.57B | 1.78B | 1.86B | 1.84B | 2.13B |
| Long-Term Debt | 4.61B | 4.43B | 3.70B | 3.18B | 2.98B | 2.92B |
| Long-Term Leases | 547.12M | 548.51M | 525.82M | 435.19M | 406.45M | 377.64M |
| Long-Term Deferred Tax Liabilities | 186.57M | 177.97M | 148.17M | 167.20M | 269.66M | 362.12M |
| Other Long-Term Liabilities | 156.97M | 157.56M | 135.32M | 124.97M | 137.85M | 119.62M |
| Total Liabilities | 7.25B | 6.89B | 6.29B | 5.77B | 5.63B | 5.91B |
| Common Stock | 1.08M | 1.11M | 1.14M | 1.22M | 1.39M | 1.80M |
| Additional Paid-In Capital | 4.02B | 4.20B | 4.27B | 4.27B | 4.26B | 4.26B |
| Retained Earnings | 56.51M | 153.87M | 24.07M | 460.18M | 703.51M | 540.01M |
| Shareholders' Equity | 4.08B | 4.35B | 4.30B | 4.73B | 4.96B | 4.80B |
| Total Liabilities & Equity | 11.33B | 11.24B | 10.58B | 10.50B | 10.60B | 10.71B |
| Total Debt | 5.28B | 5.10B | 4.33B | 3.71B | 3.49B | 3.40B |
| Net Cash (Debt) | -5.23B | -4.92B | -4.18B | -3.65B | -3.41B | -3.36B |
| Net Cash Per Share | -47.91 | -43.99 | -35.13 | -28.27 | -20.85 | -16.51 |
| Filing Date Shares Outstanding | 107.61M | 110.61M | 113.62M | 121.94M | 138.01M | 176.77M |
| Total Common Shares Outstanding | 107.60M | 110.58M | 113.58M | 121.86M | 138.86M | 179.82M |
| Working Capital | 1.48B | 1.35B | 1.36B | 1.44B | 1.65B | 1.84B |
| Book Value Per Share | 37.93 | 39.36 | 37.83 | 38.84 | 35.74 | 26.71 |
| Tangible Book Value | -1.07B | -968.92M | -485.67M | -122.38M | -45.23M | -71.12M |
| Tangible Book Value Per Share | -9.98 | -8.76 | -4.28 | -1.00 | -0.33 | -0.40 |
| Land | 38.96M | 295.54M | 263.41M | 234.95M | 218.48M | |
| Buildings | 849.97M | 719.75M | 598.80M | 487.60M | 446.31M | |
| Machinery | 1.99B | 1.79B | 1.52B | 1.24B | 1.08B | |
| Construction In Progress | 201.54M | 141.86M | 207.83M | 206.13M | 80.50M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 40.58M | 435.20M | 1.08B | 1.54B | 2.75B | 1.73B |
| Depreciation & Amortization | 587.81M | 591.43M | 561.93M | 558.27M | 497.14M | 547.35M |
| Other Amortization | 10.70M | 4.84M | 3.87M | |||
| Loss (Gain) From Sale of Assets | -1.97M | -32.42M | ||||
| Stock-Based Compensation | 43.20M | 53.51M | 63.11M | 48.52M | 31.34M | 31.49M |
| Provision & Write-off of Bad Debts | 38.92M | 20.45M | ||||
| Other Operating Activities | -397.00K | 9.80M | 3.53M | -104.12M | -65.07M | -31.55M |
| Change in Accounts Receivable | -57.53M | 200.63M | 274.65M | -6.11M | 405.27M | -577.69M |
| Change in Inventory | -27.23M | 198.52M | 51.48M | 231.46M | 271.89M | -282.17M |
| Change in Accounts Payable | -66.38M | -167.18M | -28.60M | 75.75M | -314.00M | 191.88M |
| Change in Unearned Revenue | -3.42M | -7.03M | 4.30M | -33.39M | -33.09M | 90.14M |
| Change in Other Net Operating Assets | -30.50M | -98.99M | -135.61M | -4.07M | 14.60M | 56.77M |
| Operating Cash Flow | 496.82M | 1.22B | 1.87B | 2.31B | 3.60B | 1.74B |
| Capital Expenditures | -245.50M | -362.60M | -380.57M | -476.33M | -340.15M | -227.89M |
| Sale of Property, Plant & Equipment | 8.62M | 20.75M | 13.99M | 46.72M | 10.69M | 13.56M |
| Cash Acquisitions | -335.49M | -1.12B | -336.46M | -238.67M | -628.01M | -1.21B |
| Divestitures | 76.16M | |||||
| Investment in Securities | -28.24M | -1.99M | -7.69M | |||
| Investing Cash Flow | -600.62M | -1.47B | -710.72M | -668.29M | -957.48M | -1.34B |
| Long-Term Debt Issued | 4.81B | 1.95B | 5.13B | 6.88B | 4.12B | |
| Long-Term Debt Repaid | -4.06B | -1.42B | -4.93B | -6.84B | -3.17B | |
| Net Debt Issued (Repaid) | 187.46M | 747.15M | 532.60M | 195.78M | 44.48M | 958.32M |
| Issuance of Common Stock | 726.00K | |||||
| Repurchase of Common Stock | -319.60M | -443.28M | -1.58B | -1.85B | -2.63B | -1.71B |
| Other Financing Activities | -5.22M | -24.45M | -27.19M | -1.90M | -20.67M | -24.40M |
| Financing Cash Flow | -137.36M | 279.42M | -1.07B | -1.65B | -2.60B | -780.11M |
| Net Cash Flow | -241.15M | 28.13M | 87.47M | -14.29M | 37.84M | -381.20M |
| Free Cash Flow | 251.32M | 853.28M | 1.49B | 1.83B | 3.26B | 1.52B |
| Free Cash Flow Margin | 1.75% | 5.62% | 9.10% | 10.71% | 14.34% | 7.62% |
| Free Cash Flow Per Share | 2.30 | 7.63 | 12.54 | 14.19 | 19.94 | 7.45 |
| Levered Free Cash Flow | 140.29M | 623.83M | 1.27B | 1.58B | 2.66B | 694.16M |
| Unlevered Free Cash Flow | 321.85M | 795.02M | 1.40B | 1.70B | 2.76B | 770.77M |
| Cash Interest Paid | 284.75M | 260.51M | 188.45M | 186.50M | 169.39M | 105.57M |
| Cash Income Tax Paid | 1.27M | 67.66M | 373.06M | 578.73M | 936.42M | 633.09M |
| Change in Working Capital | -185.06M | 125.94M | 166.22M | 263.64M | 344.67M | -521.06M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 6.98B | 11.38B | 16.45B | 20.59B | 9.55B | 16.41B |
| Enterprise Value | 12.21B | 16.16B | 20.46B | 24.42B | 13.15B | 19.07B |
| Last Close Price | 64.91 | 102.89 | 142.93 | 166.94 | 64.88 | 85.71 |
| PE Ratio | 177.19 | 26.14 | 15.26 | 13.37 | 3.47 | 9.51 |
| Forward PE | 23.42 | 16.65 | 12.79 | 13.79 | 8.06 | 11.99 |
| PS Ratio | 0.49 | 0.75 | 1.00 | 1.20 | 0.42 | 0.82 |
| PB Ratio | 1.71 | 2.61 | 3.83 | 4.35 | 1.92 | 3.42 |
| P/FCF Ratio | 27.79 | 13.33 | 11.02 | 11.25 | 2.93 | 10.83 |
| P/OCF Ratio | 14.06 | 9.36 | 8.78 | 8.93 | 2.65 | 9.41 |
| PEG Ratio | 2.76 | 82.54 | 0.74 | 0.74 | 0.74 | |
| EV/Sales Ratio | 0.85 | 1.06 | 1.25 | 1.43 | 0.58 | 0.96 |
| EV/EBITDA Ratio | 13.66 | 11.73 | 9.48 | 8.93 | 3.08 | 6.46 |
| EV/EBIT Ratio | 39.92 | 20.56 | 12.82 | 11.22 | 3.49 | 7.93 |
| EV/FCF Ratio | 48.58 | 18.94 | 13.71 | 13.34 | 4.04 | 12.58 |
| Debt / Equity Ratio | 1.29 | 1.17 | 1.01 | 0.79 | 0.70 | 0.71 |
| Debt / EBITDA Ratio | 4.82 | 3.25 | 1.85 | 1.27 | 0.79 | 1.09 |
| Debt / FCF Ratio | 21.01 | 5.98 | 2.90 | 2.03 | 1.07 | 2.24 |
| Net Debt / Equity Ratio | 1.28 | 1.13 | 0.97 | 0.77 | 0.69 | 0.70 |
| Net Debt / EBITDA Ratio | 5.85 | 3.57 | 1.94 | 1.33 | 0.80 | 1.14 |
| Net Debt / FCF Ratio | 20.79 | 5.76 | 2.80 | 1.99 | 1.05 | 2.22 |
| Asset Turnover | 1.26 | 1.39 | 1.56 | 1.62 | 2.13 | 2.67 |
| Inventory Turnover | 8.50 | 9.17 | 9.03 | 8.35 | 9.82 | 11.65 |
| Quick Ratio | 1.06 | 1.08 | 1.02 | 1.05 | 1.06 | 1.04 |
| Current Ratio | 1.84 | 1.86 | 1.77 | 1.77 | 1.90 | 1.86 |
| Return on Equity (ROE) | 0.97% | 10.06% | 23.88% | 31.78% | 56.31% | 57.95% |
| Return on Assets (ROA) | 1.68% | 4.50% | 9.46% | 12.90% | 22.12% | 20.19% |
| Return on Invested Capital (ROIC) | 3.31% | 7.53% | 14.70% | 20.17% | 35.11% | 34.14% |
| Return on Capital Employed (ROCE) | 3.20% | 8.10% | 18.10% | 25.20% | 43.10% | 28.00% |
| Earnings Yield | 0.56% | 3.82% | 6.55% | 7.48% | 28.79% | 10.51% |
| FCF Yield | 3.60% | 7.50% | 9.07% | 8.89% | 34.13% | 9.23% |
| Buyback Yield / Dilution | 3.48% | 6.02% | 7.77% | 21.09% | 19.65% | -72.55% |