
Builders FirstSource, Inc.
NYSE•BLDR
CEO: Mr. Peter M. Jackson CPA
Sector: Industrials
Industry: Construction
Listing Date: 2005-06-28
Builders FirstSource, Inc., together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, floor trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior trims and custom products comprising intricate mouldings, stair parts, and columns under the Synboard brand name. The company also provides specialty building products and services, including vinyl, composite and wood siding, exterior trims, metal studs, cement, roofing, insulation, wallboards, ceilings, cabinets, and hardware products; turn-key framing, shell construction, design assistance, and professional installation services. In addition, it offers software products, such as drafting, estimating, quoting, and virtual home design services, which provide software solutions to retailers, distributors, manufacturers, and homebuilders. The company was formerly known as BSL Holdings, Inc. and changed its name to Builders FirstSource, Inc. in October 1999. Builders FirstSource, Inc. was incorporated in 1998 and is based in Irving, Texas.
Contact Information
Market Cap
$11.57B
P/E (TTM)
19.5
30.7
Dividend Yield
--
52W High
$175.12
52W Low
$94.35
52W Range
Rank50Top 56.1%
3.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$3.94B-6.88%
4-Quarter Trend
EPS
$1.11-54.69%
4-Quarter Trend
FCF
$461.91M-26.73%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Nine Month Sales Decline Nine months net sales totaled $11.83B USD, reflecting a 5.9% decrease compared to the prior period results.
Net Income Significantly Lower Nine months net income dropped sharply to $403.72M USD, down 54.5% from $887.65M USD last year.
Aggressive Acquisition Spending Net cash used in investing was $1.16B USD for nine months, funding $910.8M in acquisitions through September.
Strong Liquidity Position Net excess borrowing availability stood strong at $1.79B USD on the Revolving Facility as of September 30, 2025.
Risk Factors
Gross Margin Percentage Erosion Nine months gross margin percentage fell to 30.5% from 33.0% due to a persistent below-normal housing starts environment.
Housing Market Forecasts Third-party sources forecast 2025 total housing starts down 2.5% amid macroeconomic uncertainty and affordability pressures.
SG&A Leverage Loss SG&A as percentage of sales increased to 24.4% from 22.7% over nine months, primarily due to reduced operating leverage.
Construction Defect Claims Known and threatened construction defect legal claims pose a reasonable possibility of loss not currently estimable.
Outlook
New Debt Issuance Completed Secured $750.0M via 6.75% 2035 Notes in May 2025, using proceeds to repay outstanding indebtedness under Revolving Facility.
Credit Facility Extended Amended Revolving Facility, increasing commitments to $2.2B USD and extending the maturity date to May 20, 2030.
New Share Repurchase Plan Authorized a new share repurchase plan of up to $500.0M in April 2025, replacing the prior authorization.
Subsequent Business Expansion Completed post-period acquisitions of Stately Las Vegas and Rystin Construction, providing turnkey door and trim solutions.
Peer Comparison
Revenue (TTM)
BLDR$15.65B
TXT$14.24B
JBHT$12.05B
Gross Margin (Latest Quarter)
53.2%
ALLE45.8%
WMS40.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| JBHT | $18.82B | 34.0 | 15.2% | 19.8% |
| APG | $16.33B | 62.1 | 8.5% | 35.0% |
| TXT | $15.51B | 18.4 | 12.1% | 21.9% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.0%
Moderate Growth
4Q Net Income CAGR
-13.7%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Feb 19, 2026
EPS:$1.30
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Oct 30, 2025|Revenue: $3.94B-6.9%|EPS: $1.11-54.7%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Jul 31, 2025|Revenue: $4.23B-5.0%|EPS: $1.67-42.2%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 1, 2025|Revenue: $3.66B-6.0%|EPS: $0.85-59.9%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 20, 2025|Revenue: $16.40B-4.1%|EPS: $9.13-24.3%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 5, 2024|Revenue: $4.23B-6.7%|EPS: $2.45-32.3%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 6, 2024|Revenue: $4.46B-1.6%|EPS: $2.89-9.4%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 7, 2024|Revenue: $3.89B+0.2%|EPS: $2.12-13.1%MissForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 22, 2024|Revenue: $17.10B-24.8%|EPS: $12.06-29.0%Beat