BLBD · Blue Bird Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.48B | $800.64M | $1.13B | $800.64M | $684.00M | $879.22M |
| Cost of Revenue | $1.18B | $764.09M | $993.94M | $764.09M | $611.85M | $783.02M |
| Gross Profit | $303.51M | $138.85M | $138.85M | $36.55M | $72.14M | $96.20M |
| R&D | $15.20M | $6.60M | $6.60M | $6.10M | $5.20M | $6.40M |
| SG&A | $136.35M | $77.25M | $87.19M | $77.25M | $65.62M | $74.21M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $15.59M | $14.05M | $15.98M | $14.05M | $13.45M | $14.40M |
| Operating Income | $167.17M | $51.66M | $51.66M | ($40.70M) | $6.52M | $21.99M |
| Interest Expense | $7.20M | $18.01M | $18.01M | $14.68M | $9.68M | $12.25M |
| Income Tax | $43.93M | $8.95M | $8.95M | ($11.45M) | ($1.19M) | $1.52M |
| Net Income | $127.72M | $23.81M | $23.81M | ($45.76M) | ($289.0K) | $12.19M |
| EPS - Basic | $4.01 | ($1.48) | $0.74 | ($1.48) | ($0.01) | $0.45 |
| EPS - Diluted | $3.88 | $0.74 | $0.74 | ($1.48) | ($0.01) | $0.45 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $229.31M | $127.69M | $78.99M | $10.48M | $11.71M | $44.51M |
| Accounts Receivable | $20.65M | $59.10M | $12.57M | $12.53M | $9.97M | $7.62M |
| Inventory | $139.47M | $127.80M | $135.29M | $142.98M | $125.21M | $56.52M |
| Accounts Payable | $151.48M | $143.16M | $137.14M | $107.94M | $72.27M | $57.60M |
| Current Assets | $411.63M | $323.38M | $236.06M | $174.48M | $156.07M | $116.90M |
| Total Assets | $625.25M | $524.89M | $417.77M | $366.13M | $356.02M | $317.42M |
| Current Liabilities | $236.80M | $235.97M | $229.62M | $164.77M | $124.78M | $111.65M |
| Long-term Debt | $85.32M | $89.99M | $110.54M | $130.39M | $149.57M | $164.20M |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $255.41M | $159.56M | $40.00M | $1.38M | ($32.66M) | ($53.23M) |
| Retained Earnings | $88.19M | $0 | ($55.70M) | ($79.51M) | ($33.75M) | ($33.46M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $176.21M | ($24.44M) | $119.93M | ($24.44M) | ($54.24M) | $3.46M |
| Investing Cash Flow | ($23.87M) | ($8.52M) | ($8.52M) | ($6.45M) | ($11.31M) | ($18.80M) |
| Financing Cash Flow | ($50.72M) | $29.66M | ($42.90M) | $29.66M | $32.75M | ($11.11M) |
| CapEx | $22.87M | $8.52M | $8.52M | $6.45M | $12.21M | $18.97M |
| Free Cash Flow | $153.34M | ($32.96M) | $111.41M | ($30.89M) | ($66.45M) | ($15.51M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 20.5% | 17.3% | 12.3% | 4.6% | 10.5% | 10.9% |
| Operating margin | 11.3% | 6.5% | 4.6% | -5.1% | 1.0% | 2.5% |
| EBITDA margin | 12.3% | 8.2% | 6.0% | -3.3% | 2.9% | 4.1% |
| Net margin | 8.6% | 3.0% | 2.1% | -5.7% | -0.0% | 1.4% |
| Free cash flow margin | 10.4% | -4.1% | 9.8% | -3.9% | -9.7% | -1.8% |
| FCF / Net income | 1.20 | -1.38 | 4.68 | 0.68 | 229.94 | -1.27 |
| R&D / Revenue | 1.0% | 0.8% | 0.6% | 0.8% | 0.8% | 0.7% |
| SG&A / Revenue | 9.2% | 9.6% | 7.7% | 9.6% | 9.6% | 8.4% |
| Effective tax rate | 25.6% | 27.3% | 27.3% | - | - | 11.1% |
| Return on assets | 20.4% | 4.5% | 5.7% | -12.5% | -0.1% | 3.8% |
| Return on equity | 50.0% | 14.9% | 59.5% | -3311.1% | 0.9% | -22.9% |
| Return on invested capital | 36.5% | 15.0% | 24.9% | -24.4% | 4.4% | 17.6% |
| Liquidity | ||||||
| Current ratio | 1.74 | 1.37 | 1.03 | 1.06 | 1.25 | 1.05 |
| Quick ratio | 1.15 | 0.83 | 0.44 | 0.19 | 0.25 | 0.54 |
| Cash ratio | 0.97 | 0.54 | 0.34 | 0.06 | 0.09 | 0.40 |
| Leverage | ||||||
| Debt / Equity | 0.33 | 0.56 | 2.76 | 94.35 | -4.58 | -3.08 |
| Debt / Assets | 0.14 | 0.17 | 0.26 | 0.36 | 0.42 | 0.52 |
| Debt / EBITDA | 0.47 | 1.37 | 1.63 | - | 7.49 | 4.51 |
| Interest coverage | 23.2x | 2.9x | 2.9x | -2.8x | 0.7x | 1.8x |
| Equity multiplier | 2.45 | 3.29 | 10.44 | 264.92 | -10.90 | -5.96 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 2.37 | 1.53 | 2.71 | 2.19 | 1.92 | 2.77 |
| Inventory turnover | 8.44 | 5.98 | 7.35 | 5.34 | 4.89 | 13.85 |
| Days sales outstanding | 5d | 27d | 4d | 6d | 5d | 3d |
| Days inventory outstanding | 43d | 61d | 50d | 68d | 75d | 26d |
| Days payable outstanding | 47d | 68d | 50d | 52d | 43d | 27d |
| Cash conversion cycle | 1d | 20d | 3d | 22d | 37d | 3d |
| Valuation | ||||||
| P / E | 14.8x | 64.8x | 28.9x | - | - | 26.8x |
| P / B | 7.4x | 9.3x | 17.2x | 187.4x | - | - |
| P / S | 1.3x | 1.9x | 0.6x | 0.3x | 0.8x | 0.4x |
| EV / EBITDA | 9.6x | 22.1x | 10.6x | - | 35.9x | 12.3x |
| Growth | ||||||
| Revenue growth (YoY) | 84.9% | -29.3% | 41.5% | 17.1% | -22.2% | -13.7% |
| Revenue CAGR (3y) | 22.7% | 5.4% | 8.8% | -7.7% | -12.6% | -3.9% |
| Revenue CAGR (5y) | 11.0% | -4.7% | 2.0% | -4.2% | -6.0% | -0.9% |
| Gross profit growth (YoY) | 118.6% | 0.0% | 279.9% | -49.3% | -25.0% | -27.9% |
| Operating income growth (YoY) | 223.6% | 0.0% | - | - | -70.3% | -49.8% |
| Net income growth (YoY) | 436.4% | 0.0% | - | -15733.6% | - | -49.9% |
| EPS growth (YoY) | 424.3% | 0.0% | - | -14700.0% | - | -50.0% |
| EPS CAGR (3y) | - | - | 18.0% | - | - | -15.3% |
| EPS CAGR (5y) | 53.9% | -3.8% | -7.3% | - | - | -5.3% |
| FCF growth (YoY) | - | - | - | 53.5% | -328.5% | - |
| FCF CAGR (5y) | - | - | 47.0% | - | - | - |
| Book value growth (YoY) | 60.1% | 298.9% | 2794.2% | - | 38.7% | 21.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-27.
Business segments
$1.48B totalBus$1.38B · 93.0%
Parts$102.97M · 7.0%
Product / service
$1.48B totalAlternative Fuel Buses$798.41M · 53.9%
Diesel Buses$523.37M · 35.4%
Parts$100.24M · 6.8%
Product And Service Other$58.07M · 3.9%
Geographic
$1.48B totalUS$1.31B · 88.8%
CA$163.66M · 11.1%
Restof World$2.03M · 0.1%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
8/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Truck & Bus Bodies
Comparing Blue Bird Corp against the 5 most active filers in the same SIC group.