BLDR · Builders Firstsource, Inc. - 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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.29B | - | $3.94B | $4.23B | $3.66B | - | $4.23B | $4.46B | $3.89B | - |
| Cost of Revenue | $2.36B | - | $2.74B | $2.94B | $2.54B | - | $2.85B | $2.99B | $2.59B | - |
| Gross Profit | $928.97M | - | $1.20B | $1.30B | $1.12B | - | $1.39B | $1.46B | $1.30B | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $912.45M | - | $970.72M | $987.75M | $930.80M | - | $958.31M | $973.20M | $926.26M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $148.36M | - | - | - | $145.03M | - | - | - | $140.38M | - |
| Operating Income | $16.52M | - | $228.77M | $311.29M | $184.44M | - | $428.02M | $489.48M | $373.60M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($10.46M) | - | $37.13M | $54.27M | $23.25M | - | $88.98M | $93.38M | $66.48M | - |
| Net Income | ($47.41M) | - | $122.38M | $185.03M | $96.30M | - | $284.78M | $344.09M | $258.78M | - |
| EPS - Basic | ($0.43) | - | $1.11 | $1.67 | $0.85 | - | $2.45 | $2.89 | $2.12 | - |
| EPS - Diluted | ($0.43) | - | $1.10 | $1.66 | $0.84 | - | $2.44 | $2.87 | $2.10 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $98.34M | $181.75M | $296.16M | $87.02M | $115.37M | $153.62M | $328.10M | $75.57M | $697.48M | $66.16M |
| Accounts Receivable | $1.16B | $1.06B | $1.25B | $1.33B | $1.25B | $1.16B | $1.37B | $1.48B | $1.39B | $1.44B |
| Inventory | $1.19B | $1.09B | $1.18B | $1.31B | $1.35B | $1.21B | $1.20B | $1.29B | $1.36B | $1.23B |
| Accounts Payable | $924.61M | $714.71M | $960.87M | $1.01B | $1.02B | $868.05M | $1.02B | $1.03B | $1.02B | $881.38M |
| Current Assets | $3.12B | $2.93B | $3.30B | $3.29B | $3.28B | $3.14B | $3.47B | $3.45B | $3.94B | $3.30B |
| Total Assets | $11.30B | $11.24B | $11.43B | $11.46B | $11.45B | $10.58B | $10.89B | $10.72B | $11.17B | $10.50B |
| Current Liabilities | $1.77B | $1.57B | $1.85B | $1.83B | $1.80B | $1.78B | $1.96B | $1.89B | $1.78B | $1.86B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $7.30B | $6.89B | $7.11B | $7.29B | $7.07B | $6.29B | $6.45B | $6.42B | $6.21B | $5.77B |
| Stockholders' Equity | $4.00B | $4.35B | $4.32B | $4.18B | $4.37B | $4.30B | $4.45B | $4.30B | $4.96B | $4.73B |
| Retained Earnings | $0 | $153.87M | $122.38M | - | $107.62M | $24.07M | $178.96M | $53.91M | $699.37M | $460.18M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $87.45M | - | - | - | $132.33M | - | - | - | $317.19M | - |
| Investing Cash Flow | ($57.85M) | - | - | - | ($912.06M) | - | - | - | ($151.04M) | - |
| Financing Cash Flow | ($113.02M) | - | - | - | $741.48M | - | - | - | $465.17M | - |
| CapEx | $46.74M | - | - | - | $99.97M | - | - | - | $93.21M | - |
| Free Cash Flow | $40.71M | - | - | - | $32.35M | - | - | - | $223.97M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 28.3% | - | 30.4% | 30.7% | 30.5% | - | 32.8% | 32.8% | 33.4% | - |
| Operating margin | 0.5% | - | 5.8% | 7.4% | 5.0% | - | 10.1% | 11.0% | 9.6% | - |
| EBITDA margin | 5.0% | - | - | - | 9.0% | - | - | - | 13.2% | - |
| Net margin | -1.4% | - | 3.1% | 4.4% | 2.6% | - | 6.7% | 7.7% | 6.7% | - |
| Free cash flow margin | 1.2% | - | - | - | 0.9% | - | - | - | 5.8% | - |
| FCF / Net income | -0.86 | - | - | - | 0.34 | - | - | - | 0.87 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 27.8% | - | 24.6% | 23.3% | 25.4% | - | 22.6% | 21.8% | 23.8% | - |
| Effective tax rate | - | - | 23.3% | 22.7% | 19.4% | - | 23.8% | 21.3% | 20.4% | - |
| Return on assets | -0.4% | - | 1.1% | 1.6% | 0.8% | - | 2.6% | 3.2% | 2.3% | - |
| Return on equity | -1.2% | - | 2.8% | 4.4% | 2.2% | - | 6.4% | 8.0% | 5.2% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.76 | 1.86 | 1.79 | 1.79 | 1.82 | 1.77 | 1.77 | 1.83 | 2.21 | 1.77 |
| Quick ratio | 1.09 | 1.16 | 1.15 | 1.08 | 1.07 | 1.09 | 1.16 | 1.14 | 1.45 | 1.11 |
| Cash ratio | 0.06 | 0.12 | 0.16 | 0.05 | 0.06 | 0.09 | 0.17 | 0.04 | 0.39 | 0.04 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.82 | 2.58 | 2.65 | 2.74 | 2.62 | 2.46 | 2.45 | 2.49 | 2.25 | 2.22 |
| Liabilities / Assets | 0.65 | 0.61 | 0.62 | 0.64 | 0.62 | 0.59 | 0.59 | 0.60 | 0.56 | 0.55 |
| Efficiency | ||||||||||
| Asset turnover | 0.29 | - | 0.34 | 0.37 | 0.32 | - | 0.39 | 0.42 | 0.35 | - |
| Inventory turnover | 1.98 | - | 2.33 | 2.24 | 1.88 | - | 2.36 | 2.32 | 1.91 | - |
| Days sales outstanding | 129d | - | 116d | 115d | 125d | - | 118d | 121d | 131d | - |
| Days inventory outstanding | 184d | - | 157d | 163d | 194d | - | 154d | 157d | 191d | - |
| Days payable outstanding | 143d | - | 128d | 125d | 147d | - | 131d | 125d | 144d | - |
| Cash conversion cycle | 170d | - | 145d | 152d | 172d | - | 141d | 153d | 178d | - |
| Valuation | ||||||||||
| P / E | - | - | 110.2x | 70.3x | 148.7x | - | 79.5x | 48.2x | 99.3x | - |
| P / B | 2.3x | - | 3.1x | 3.1x | 3.3x | - | 5.1x | 3.9x | 5.2x | - |
| P / S | 2.8x | - | 3.4x | 3.1x | 3.9x | - | 5.4x | 3.7x | 6.6x | - |
| EV / EBITDA | 54.3x | - | - | - | 43.0x | - | - | - | 48.7x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -10.1% | - | -6.9% | -5.0% | -6.0% | - | -6.7% | -1.6% | 0.2% | - |
| Revenue CAGR (3y) | -5.4% | - | -11.9% | -15.1% | -13.7% | - | -8.4% | -7.2% | -2.3% | - |
| Revenue CAGR (5y) | -4.7% | - | 11.4% | 16.8% | 15.4% | - | 16.4% | 18.5% | 19.0% | - |
| Gross profit growth (YoY) | -16.7% | - | -13.5% | -11.2% | -14.2% | - | -12.3% | -8.3% | -5.2% | - |
| Operating income growth (YoY) | -91.0% | - | -46.6% | -36.4% | -50.6% | - | -33.3% | -15.2% | -20.0% | - |
| Net income growth (YoY) | - | - | -57.0% | -46.2% | -62.8% | - | -36.9% | -15.0% | -22.5% | - |
| EPS growth (YoY) | - | - | -54.9% | -42.2% | -60.0% | - | -32.0% | -9.2% | -12.9% | - |
| EPS CAGR (3y) | - | - | -38.5% | -33.9% | -38.2% | - | -6.4% | 6.3% | 36.3% | - |
| EPS CAGR (5y) | - | - | 8.5% | 19.9% | 64.4% | - | 29.5% | 38.2% | 46.6% | - |
| FCF growth (YoY) | 25.8% | - | - | - | -85.6% | - | - | - | -59.2% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -8.5% | 1.3% | -2.9% | -2.9% | -11.8% | -9.2% | -2.9% | -0.9% | 6.4% | -4.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$15.19B totalSpecialty Building Products And Services$4.07B · 26.8%
Lumber And Lumber Sheet Goods$3.88B · 25.5%
Windows Doors And Millwork$3.84B · 25.3%
Manufactured Products$3.41B · 22.5%
Peer comparison
Same SIC group: Retail-Lumber & Other Building Materials Dealers
Comparing Builders FirstSource against the 5 most active filers in the same SIC group.