BLBDNasdaqTruck & Bus BodiesFiscal year ends October 3
Blue Bird Corp
Financials through Q3 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Aug 5, 2026
$55.72−1.67 (-2.91%)
Close on Oct 19, 2026
- Market cap
- $1.96B
- P/E (TTM)
- 6.8
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2025
Gross margin
20.5%+9.6 pts over 5 years
Operating margin
11.3%+8.8 pts over 5 years
Net margin
8.6%+7.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +9.9% | +22.7% | +11.0% | +4.9% | |
| Gross profit | +18.5% | +102.5% | +25.8% | +9.7% | |
| Operating income | +20.0% | – | +50.0% | +16.7% | |
| Net income | +21.0% | – | +60.0% | +23.9% | |
| EPS, diluted | +22.8% | – | +53.9% | +20.7% | |
| Free cash flow | +60.0% | – | – | +23.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -6.6% | -20.1% | 61.6% | |
| Return on assets | 2.5% | 3.6% | 22.2% | |
| Current ratio | 1.02 | 1.05 | 1.74 | |
| Debt to equity | -1.75 | -3.27 | 0.35 | |
| Net debt to EBITDA | 2.58× | 3.56× | -0.76× | |
| Interest coverage | 1.6× | 1.8× | 23.2× | |
| Inventory turnover | 15.6× | 11.6× | 8.8× | |
| Capex to revenue | 1.0% | 2.2% | 1.5% | |
| Diluted shares | 21M | 27M | 33M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Blue Bird generated $485.93M from operations and spent $78.99M on capital expenditure, dividends and share buybacks. 83% of that went back into the business.
Generated
$485.93M
Used
$78.99M
Capital expenditure$65.32M83%Dividends$00%Share buybacks$13.67M17%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin8.6%
×Asset turnover2.57×
×Equity multiplier2.77×
=Return on equity, FY202561.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 8.6% | 2.57× | 2.77× | 61.6% |
| FY2024 | 7.8% | 2.86× | 4.72× | 105.8% |
| FY2023 | 2.1% | 2.89× | 18.94× | 115.1% |
| FY2022 | -5.7% | 2.22× | -23.09× | 292.6% |
| FY2021 | -0.0% | 2.03× | -7.84× | 0.7% |
| FY2020 | 1.4% | 2.58× | -5.64× | -20.1% |
| FY2019 | 2.4% | 3.03× | -7.00× | -50.5% |
| FY2018 | 3.0% | 3.40× | -6.95× | -71.0% |
| FY2017 | 2.9% | 3.45× | -3.94× | -39.6% |
| FY2016 | 0.7% | 3.42× | -2.62× | -6.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$127.72M
- Cash generatingOperating cash flow above zero$176.21M
- Return on assets improvedROA up on the prior year25.3% → 24.3%
- Earnings backed by cashOperating cash flow above net income$176.21M vs $127.72M
- Less leverageLong-term debt to assets fell17.1% → 13.6%
- Better liquidityCurrent ratio rose1.37 → 1.74
- No dilutionShare count did not rise33M → 33M
- Gross margin improvedGross margin up on the prior year19.01% → 20.51%
- More efficientAsset turnover rose3.22 → 2.82