BLDRNYSERetail-Lumber & Other Building Materials DealersFiscal year ends December 31
Builders FirstSource, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$52.95−1.70 (-3.11%)
Close on Oct 19, 2026
- Market cap
- $5.70B
- P/E (TTM)
- 58.2
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
30.4%+4.4 pts over 5 years
Operating margin
5.2%−1.2 pts over 5 years
Net margin
2.9%−0.8 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 | -7.4% | -12.6% | +12.2% | +15.6% | |
| Gross profit | -14.3% | -15.8% | +15.7% | +17.7% | |
| Operating income | -50.7% | -40.7% | +7.7% | +24.1% | |
| Net income | -59.6% | -45.9% | +6.8% | – | |
| EPS, diluted | -57.1% | -38.6% | +7.9% | – | |
| Free cash flow | -42.8% | -36.0% | +42.0% | +20.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 62.9% | 31.7% | 10.1% | |
| Return on assets | 5.0% | 8.4% | 4.0% | |
| Current ratio | 1.61 | 2.07 | 1.86 | |
| Debt to equity | – | 1.41 | 1.02 | |
| Net debt to EBITDA | – | 1.82× | 3.09× | |
| Interest coverage | 1.1× | – | – | |
| Inventory turnover | 9.0× | 9.4× | 9.2× | |
| Capex to revenue | 0.7% | 1.3% | 2.4% | |
| Diluted shares | 114M | 118M | 112M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Builders FirstSource generated $10.74B from operations and spent $9.84B on capital expenditure, dividends and share buybacks. 18% of that went back into the business.
Generated
$10.74B
Used
$9.84B
Capital expenditure$1.79B18%Dividends$00%Share buybacks$8.05B82%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.9%
×Asset turnover1.39×
×Equity multiplier2.52×
=Return on equity, FY202510.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.9% | 1.39× | 2.52× | 10.1% |
| FY2024 | 6.6% | 1.56× | 2.34× | 23.9% |
| FY2023 | 9.0% | 1.62× | 2.18× | 31.8% |
| FY2022 | 12.1% | 2.13× | 2.18× | 56.3% |
| FY2021 | 8.7% | 2.67× | 2.50× | 57.9% |
| FY2020 | 3.7% | 2.31× | 3.75× | 31.7% |
| FY2019 | 3.0% | 2.36× | 4.35× | 31.2% |
| FY2018 | 2.7% | 2.60× | 6.11× | 42.2% |
| FY2017 | 0.6% | 2.38× | 8.63× | 11.3% |
| FY2016 | 2.3% | 2.20× | 12.62× | 62.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$435.20M
- Cash generatingOperating cash flow above zero$1.22B
- Return on assets improvedROA up on the prior year10.3% → 4.1%
- Earnings backed by cashOperating cash flow above net income$1.22B vs $435.20M
- Less leverageLong-term debt to assets fell35.0% → 39.4%
- Better liquidityCurrent ratio rose1.77 → 1.86
- No dilutionShare count did not rise119M → 112M
- Gross margin improvedGross margin up on the prior year32.82% → 30.39%
- More efficientAsset turnover rose1.56 → 1.44