Builders FirstSource (BLDR) Financials

$74.56 +0.81 (+1.10%)

Closing price 05/5/2026 03:59 PM Eastern

Extended Trading

$78.75 +4.19 (+5.62%)

As of 08:05 AM Eastern

Annual Income Statements for Builders FirstSource

This table shows Builders FirstSource's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-23	144	39	205	222	314	1,725	2,749	1,541	1,078	435
Consolidated Net Income / (Loss)	-23	144	39	205	222	314	1,725	2,749	1,541	1,078	435
Net Income / (Loss) Continuing Operations	-23	144	39	205	222	314	1,725	2,749	1,541	1,078	435
Total Pre-Tax Income	-18	22	92	261	283	408	2,252	3,572	1,984	1,388	512
Total Operating Income	91	236	285	369	392	544	2,387	3,770	2,176	1,595	786
Total Gross Profit	901	1,597	1,727	1,923	1,977	2,223	5,851	7,744	6,012	5,383	4,616
Total Revenue	3,564	6,367	7,034	7,725	7,280	8,559	19,894	22,726	17,097	16,400	15,191
Operating Revenue	3,564	6,367	7,034	7,725	7,280	8,559	19,894	22,726	17,097	16,400	15,191
Total Cost of Revenue	2,663	4,771	5,307	5,802	5,304	6,336	14,043	14,982	11,085	11,017	10,575
Operating Cost of Revenue	2,663	4,771	5,307	5,802	5,304	6,336	14,043	14,982	11,085	11,017	10,575
Total Operating Expenses	811	1,360	1,442	1,554	1,585	1,679	3,464	3,974	3,836	3,788	3,830
Selling, General & Admin Expense	811	1,360	1,442	1,554	1,585	1,679	3,464	3,974	3,836	3,788	3,830
Total Other Income / (Expense), net	-109	-215	-193	-108	-110	-136	-136	-198	-192	-208	-274
Interest & Investment Income	-	-215	-193	-108	-110	-136	-136	-198	-192	-208	-274
Income Tax Expense	4.39	-123	53	56	61	95	526	822	444	310	77
Basic Earnings per Share	($0.22)	$1.30	$0.34	$1.79	$1.92	$2.69	$8.55	$16.98	$12.06	$9.13	$3.91
Weighted Average Basic Shares Outstanding	103.19M	110.75M	112.59M	114.59M	115.71M	116.61M	201.84M	161.96M	127.78M	118.04M	111.42M
Diluted Earnings per Share	($0.22)	$1.27	$0.34	$1.76	$1.90	$2.66	$8.48	$16.82	$11.94	$9.06	$3.89
Weighted Average Diluted Shares Outstanding	103.19M	113.59M	115.60M	116.55M	117.03M	117.92M	203.47M	163.48M	129.00M	118.98M	111.82M
Weighted Average Basic & Diluted Shares Outstanding	103.80M	111M	114.10M	114.60M	116.13M	206.43M	176.77M	138.01M	121.94M	113.62M	110.61M

This table shows Builders FirstSource's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	451	351	259	344	285	190	96	185	122	31	-47
Consolidated Net Income / (Loss)	451	351	259	344	285	190	96	185	122	31	-47
Net Income / (Loss) Continuing Operations	451	351	259	344	285	190	96	185	122	31	-47
Total Pre-Tax Income	591	444	325	437	374	251	120	239	160	-5.98	-58
Total Operating Income	642	490	374	489	428	304	184	311	229	62	17
Total Gross Profit	1,581	1,465	1,300	1,463	1,386	1,234	1,115	1,299	1,199	1,002	929
Total Revenue	4,534	4,151	3,891	4,456	4,232	3,820	3,657	4,234	3,941	3,358	3,287
Operating Revenue	4,534	4,151	3,891	4,456	4,232	3,820	3,657	4,234	3,941	3,358	3,287
Total Cost of Revenue	2,953	2,686	2,591	2,994	2,846	2,586	2,542	2,935	2,742	2,356	2,358
Operating Cost of Revenue	2,953	2,686	2,591	2,994	2,846	2,586	2,542	2,935	2,742	2,356	2,358
Total Operating Expenses	939	974	926	973	958	930	931	988	971	940	912
Selling, General & Admin Expense	939	974	926	973	958	930	931	988	971	940	912
Total Other Income / (Expense), net	-50	-47	-48	-52	-54	-53	-65	-72	-69	-68	-74
Interest & Investment Income	-50	-47	-48	-52	-54	-53	-65	-72	-69	-68	-74
Income Tax Expense	140	93	66	93	89	61	23	54	37	-37	-10
Basic Earnings per Share	$3.62	$2.81	$2.12	$2.89	$2.45	$1.67	$0.85	$1.67	$1.11	$0.28	($0.43)
Weighted Average Basic Shares Outstanding	124.58M	127.78M	121.97M	119.24M	116.18M	118.04M	113.68M	110.92M	110.55M	111.42M	109.87M
Diluted Earnings per Share	$3.59	$2.78	$2.10	$2.87	$2.44	$1.65	$0.84	$1.66	$1.10	$0.29	($0.43)
Weighted Average Diluted Shares Outstanding	125.79M	129.00M	123.37M	120.07M	116.94M	118.98M	114.34M	111.20M	110.93M	111.82M	109.87M
Weighted Average Basic & Diluted Shares Outstanding	123.35M	121.94M	122.06M	116.45M	115.08M	113.62M	110.51M	110.55M	110.58M	110.61M	107.56M

This table details how cash moves in and out of Builders FirstSource's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	47	-51	43	-47	3.97	410	-381	38	-14	87	28
Net Cash From Operating Activities	177	158	179	283	504	260	1,744	3,599	2,307	1,873	1,216
Net Cash From Continuing Operating Activities	177	158	179	283	504	260	1,744	3,599	2,307	1,873	1,216
Net Income / (Loss) Continuing Operations	-23	144	39	205	222	314	1,725	2,749	1,541	1,078	435
Consolidated Net Income / (Loss)	-23	144	39	205	222	314	1,725	2,749	1,541	1,078	435
Depreciation Expense	58	110	93	98	100	117	547	497	558	562	591
Non-Cash Adjustments To Reconcile Net Income	-30	65	77	9.86	20	35	9.35	120	-56	101	68
Changes in Operating Assets and Liabilities, net	153	-168	-36	-35	158	-208	-542	228	264	132	122
Net Cash From Investing Activities	-1,508	-38	-59	-97	-199	-136	-1,345	-957	-668	-711	-1,467
Net Cash From Continuing Investing Activities	-1,508	-38	-59	-97	-199	-136	-1,345	-957	-668	-711	-1,467
Purchase of Property, Plant & Equipment	-44	-43	-62	-101	-113	-112	-228	-340	-476	-381	-363
Acquisitions	-1,469	-3.97	-	0.00	-93	-33	-1,206	-628	-239	-344	-1,125
Sale of Property, Plant & Equipment	4.28	8.31	2.98	4.75	6.55	8.50	14	11	47	14	21
Net Cash From Financing Activities	1,378	-171	-76	-234	-301	286	-780	-2,604	-1,653	-1,075	279
Net Cash From Continuing Financing Activities	1,378	-171	-76	-234	-301	286	-780	-2,604	-1,653	-1,075	279
Repayment of Debt	-353	-1,833	-1,451	-1,898	-1,814	-1,498	-3,191	-6,859	-4,934	-1,434	-4,081
Repurchase of Common Equity	-0.99	-1.09	-2.64	-4.90	-10	-4.15	-1,715	-2,593	-1,812	-1,517	-414
Issuance of Debt	1,614	1,657	1,370	1,666	1,518	1,787	4,125	6,883	5,128	1,954	4,808
Other Financing Activities, net	6.72	6.63	8.06	3.95	4.87	1.42	0.73	-34	-35	-77	-34
Cash Interest Paid	-	-	-	108	100	111	106	169	186	188	261

This table details how cash moves in and out of Builders FirstSource's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-1.22	-22	631	-622	253	-174	-38	-28	209	-114	-83
Net Cash From Operating Activities	649	612	317	452	730	373	132	341	548	195	87
Net Cash From Continuing Operating Activities	649	612	317	452	730	373	132	341	548	195	87
Net Income / (Loss) Continuing Operations	451	351	259	344	285	190	96	185	122	31	-47
Consolidated Net Income / (Loss)	451	351	259	344	285	190	96	185	122	31	-47
Depreciation Expense	141	142	140	143	142	136	145	148	148	151	148
Non-Cash Adjustments To Reconcile Net Income	-1.13	37	19	14	41	36	-3.17	-4.29	51	24	9.67
Changes in Operating Assets and Liabilities, net	59	78	-101	-49	263	4.82	-106	13	226	-12	-23
Net Cash From Investing Activities	-164	-192	-151	-165	-219	-176	-912	-147	-102	-305	-58
Net Cash From Continuing Investing Activities	-164	-192	-151	-165	-219	-176	-912	-147	-102	-305	-58
Purchase of Property, Plant & Equipment	-145	-100	-93	-88	-100	-100	-100	-89	-86	-88	-47
Acquisitions	-52	-96	-61	-79	-124	-80	-825	-61	-20	-219	-13
Sale of Property, Plant & Equipment	34	3.31	3.57	2.73	4.26	3.44	13	2.72	2.98	2.34	1.97
Net Cash From Financing Activities	-486	-441	465	-909	-258	-372	741	-222	-236	-4.00	-113
Net Cash From Continuing Financing Activities	-486	-441	465	-909	-258	-372	742	-220	-238	-4.00	-113
Repayment of Debt	-1,500	-1,322	-899	623	-1,157	-0.78	-368	-3,243	-469	-0.70	-41
Repurchase of Common Equity	-210	-219	-17	-983	-153	-364	-12	-402	-0.00	-	-300
Issuance of Debt	1,224	1,103	1,422	-525	1,057	-	1,142	3,431	235	-	240
Other Financing Activities, net	-0.08	-3.13	-41	-24	-5.11	-7.52	-20	-6.08	-4.11	-3.30	-12
Cash Interest Paid	63	36	52	29	79	28	89	37	81	55	85
Cash Income Taxes Paid	147	135	2.75	199	110	61	1.86	60	11	-	0.73

This table presents Builders FirstSource's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	2,882	2,910	3,006	2,932	3,249	4,174	10,714	10,595	10,499	10,583	11,238
Total Current Assets	1,194	1,216	1,396	1,374	1,307	2,224	3,968	3,498	3,301	3,141	2,927
Cash & Equivalents	65	14	58	10	14	424	43	80	66	154	182
Accounts Receivable	586	625	703	723	692	899	1,964	1,683	1,727	1,507	1,391
Inventories, net	513	542	602	597	561	785	1,626	1,426	1,228	1,212	1,095
Other Current Assets	30	35	34	44	39	116	336	308	279	268	260
Plant, Property, & Equipment, net	734	656	639	670	722	749	1,385	1,568	1,804	1,962	2,204
Total Noncurrent Assets	953	1,038	971	888	1,221	1,201	5,361	5,530	5,395	5,480	6,106
Goodwill	740	740	740	740	769	785	3,270	3,457	3,557	3,679	4,137
Intangible Assets	190	159	133	103	128	120	1,603	1,551	1,298	1,104	1,184
Noncurrent Deferred & Refundable Income Taxes	2.04	115	75	23	8.42	-	-	-	-	0.00	23
Other Noncurrent Operating Assets	22	23	23	22	315	296	487	522	540	698	762
Total Liabilities & Shareholders' Equity	2,882	2,910	3,006	2,932	3,249	4,174	10,714	10,595	10,499	10,583	11,238
Total Liabilities	2,733	2,600	2,630	2,336	2,425	3,021	5,912	5,633	5,767	6,287	6,885
Total Current Liabilities	735	755	798	731	821	1,075	2,129	1,843	1,863	1,777	1,575
Short-Term Debt	-	-	12	16	14	27	3.66	6.36	3.65	3.47	14
Accounts Payable	365	410	514	423	437	600	1,093	803	881	868	715
Accrued Expenses	294	293	272	293	309	327	719	739	718	634	566
Current Deferred Revenue	-	-	-	-	-	58	216	193	163	168	168
Other Current Liabilities	76	52	-	-	62	62	97	101	98	103	111
Total Noncurrent Liabilities	1,998	1,846	1,832	1,605	1,603	1,946	3,783	3,790	3,904	4,509	5,310
Long-Term Debt	-	-	1,772	1,546	1,277	1,597	2,926	2,978	3,177	3,701	4,427
Noncurrent Deferred & Payable Income Tax Liabilities	12	-	-	-	37	49	362	270	167	148	178
Other Noncurrent Operating Liabilities	1,986	1,846	60	59	289	300	495	542	559	661	705
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	149	310	376	596	825	1,153	4,802	4,963	4,732	4,296	4,352
Total Preferred & Common Equity	149	310	376	596	825	1,153	4,802	4,963	4,732	4,296	4,352
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	149	310	376	596	825	1,153	4,802	4,963	4,732	4,296	4,352
Common Stock	513	529	548	561	576	590	4,262	4,259	4,272	4,272	4,198
Retained Earnings	-364	-219	-172	35	249	562	540	704	460	24	154

This table presents Builders FirstSource's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	10,733	10,737	10,499	11,168	10,721	10,894	10,583	11,448	11,465	11,431	11,303
Total Current Assets	3,605	3,574	3,301	3,943	3,455	3,474	3,141	3,280	3,288	3,296	3,116
Cash & Equivalents	89	88	66	697	76	328	154	115	87	296	98
Accounts Receivable	1,865	1,866	1,727	1,595	1,775	1,649	1,507	1,522	1,597	1,554	1,549
Inventories, net	1,362	1,332	1,228	1,357	1,290	1,204	1,212	1,349	1,309	1,176	1,189
Other Current Assets	289	289	279	294	314	294	268	294	295	270	280
Plant, Property, & Equipment, net	1,676	1,763	1,804	1,836	1,896	1,940	1,962	2,171	2,191	2,204	2,155
Total Noncurrent Assets	5,452	5,399	5,395	5,389	5,371	5,480	5,480	5,996	5,986	5,931	6,032
Goodwill	3,500	3,521	3,557	3,583	3,598	3,647	3,679	3,969	3,989	3,996	4,140
Intangible Assets	1,412	1,349	1,298	1,242	1,175	1,143	1,104	1,318	1,262	1,196	1,113
Noncurrent Deferred & Refundable Income Taxes	-	-	-	-	-	-	-	-	-	-	24
Other Noncurrent Operating Assets	539	530	540	564	597	690	698	709	735	739	756
Total Liabilities & Shareholders' Equity	10,733	10,737	10,499	11,168	10,721	10,894	10,583	11,448	11,465	11,431	11,303
Total Liabilities	6,391	6,156	5,767	6,212	6,417	6,447	6,287	7,073	7,286	7,115	7,299
Total Current Liabilities	1,956	2,027	1,863	1,781	1,893	1,959	1,777	1,801	1,835	1,845	1,772
Short-Term Debt	4.31	3.90	3.65	2.80	2.60	3.59	3.47	7.24	7.06	14	24
Accounts Payable	1,062	1,032	881	1,025	1,028	1,022	868	1,022	1,008	961	925
Accrued Expenses	600	712	718	484	577	645	634	483	530	579	531
Current Deferred Revenue	190	181	163	173	187	187	168	185	183	184	181
Other Current Liabilities	100	98	98	97	97	102	103	104	106	107	111
Total Noncurrent Liabilities	4,435	4,129	3,904	4,430	4,524	4,489	4,509	5,272	5,452	5,270	5,527
Long-Term Debt	3,670	3,395	3,177	3,701	3,801	3,700	3,701	4,472	4,670	4,429	4,613
Noncurrent Deferred & Payable Income Tax Liabilities	232	197	167	159	140	121	148	138	116	172	230
Other Noncurrent Operating Liabilities	533	537	559	570	583	667	661	662	666	669	684
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	4,342	4,581	4,732	4,957	4,305	4,447	4,296	4,374	4,178	4,316	4,004
Total Preferred & Common Equity	4,342	4,581	4,732	4,957	4,305	4,447	4,296	4,374	4,178	4,316	4,004
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	4,342	4,581	4,732	4,957	4,305	4,447	4,296	4,374	4,178	4,316	4,004
Common Stock	4,250	4,262	4,272	4,257	4,251	4,268	4,272	4,267	4,178	4,194	4,004
Retained Earnings	92	318	460	699	54	179	24	108	0.00	122	0.00

This table displays calculated financial ratios and metrics derived from Builders FirstSource's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	122.21%	78.63%	10.47%	9.82%	-5.75%	17.56%	132.44%	14.24%	-24.77%	-4.08%	-7.38%
EBITDA Growth	172.84%	110.54%	8.64%	22.73%	5.24%	33.80%	342.62%	45.38%	-35.88%	-21.05%	-36.13%
EBIT Growth	82.94%	160.41%	20.63%	29.42%	6.33%	38.63%	338.98%	57.92%	-42.28%	-26.70%	-50.71%
NOPAT Growth	35.89%	2,378.06%	-92.36%	141.40%	5.99%	35.75%	337.93%	58.62%	-41.78%	-26.66%	-46.11%
Net Income Growth	-225.79%	732.22%	-73.13%	429.10%	8.10%	41.35%	450.31%	59.35%	-43.97%	-30.03%	-59.63%
EPS Growth	-222.22%	677.27%	-73.23%	417.65%	7.95%	40.00%	218.80%	98.35%	-29.01%	-24.12%	-57.06%
Operating Cash Flow Growth	543.92%	-10.62%	12.83%	58.42%	78.22%	-48.40%	570.42%	106.43%	-35.91%	-18.82%	-35.07%
Free Cash Flow Firm Growth	-99.46%	74,659.33%	-223.80%	114.57%	43.58%	-52.80%	-2,203.97%	177.72%	-37.30%	-27.46%	-107.83%
Invested Capital Growth	275.14%	250.84%	612.50%	2.11%	-2.11%	11.94%	226.77%	2.30%	-0.24%	0.00%	9.75%
Revenue Q/Q Growth	42.28%	1.45%	3.41%	0.48%	-0.71%	9.85%	11.83%	-1.21%	-1.19%	-1.98%	-2.95%
EBITDA Q/Q Growth	43.08%	2.85%	3.39%	6.54%	-2.48%	27.52%	21.92%	-2.18%	-1.10%	-7.93%	-14.17%
EBIT Q/Q Growth	37.17%	6.80%	5.13%	7.48%	-3.76%	34.25%	20.61%	-2.48%	-1.61%	-10.46%	-23.56%
NOPAT Q/Q Growth	37.17%	-55.54%	-37.87%	29.40%	-1.87%	29.91%	20.49%	-1.88%	-1.77%	-11.24%	-15.90%
Net Income Q/Q Growth	-132.26%	13.34%	-55.88%	85.75%	-4.58%	45.84%	21.26%	-2.06%	-2.15%	-12.96%	-26.73%
EPS Q/Q Growth	-214.29%	14.41%	-55.26%	83.33%	-4.52%	46.15%	14.75%	3.13%	-0.08%	-11.09%	-25.90%
Operating Cash Flow Q/Q Growth	52.92%	190.07%	15.67%	44.55%	-20.44%	-13.00%	72.95%	3.78%	-13.49%	-11.29%	-12.81%
Free Cash Flow Firm Q/Q Growth	-99.47%	-58.70%	-2,076.71%	114.31%	-36.77%	10.00%	10.84%	15.15%	-20.20%	-15.43%	-163.27%
Invested Capital Q/Q Growth	54.85%	0.24%	422.29%	-8.44%	0.07%	3.64%	-0.42%	-5.37%	-0.56%	0.31%	1.76%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	25.29%	25.08%	24.56%	24.89%	27.15%	25.97%	29.41%	34.08%	35.17%	32.82%	30.39%
EBITDA Margin	4.71%	5.55%	5.46%	6.10%	6.82%	7.76%	14.77%	18.80%	16.02%	13.19%	9.07%
Operating Margin	2.55%	3.71%	4.05%	4.78%	5.39%	6.35%	12.00%	16.59%	12.73%	9.73%	5.18%
EBIT Margin	2.55%	3.71%	4.05%	4.78%	5.39%	6.35%	12.00%	16.59%	12.73%	9.73%	5.18%
Profit (Net Income) Margin	-0.64%	2.27%	0.55%	2.66%	3.05%	3.66%	8.67%	12.10%	9.01%	6.57%	2.86%
Tax Burden Percent	123.79%	666.12%	42.19%	78.69%	78.45%	76.82%	76.63%	76.97%	77.64%	77.68%	84.94%
Interest Burden Percent	-20.32%	9.17%	32.24%	70.67%	72.08%	75.05%	94.31%	94.74%	91.17%	86.98%	65.17%
Effective Tax Rate	0.00%	-566.12%	57.81%	21.31%	21.55%	23.18%	23.37%	23.03%	22.36%	22.32%	15.06%
Return on Invested Capital (ROIC)	119.24%	830.09%	10.03%	13.66%	14.48%	18.75%	36.43%	37.31%	21.51%	15.79%	8.12%
ROIC Less NNEP Spread (ROIC-NNEP)	327.74%	4,426.87%	0.51%	8.47%	8.41%	10.34%	31.34%	32.04%	16.55%	10.95%	2.16%
Return on Net Nonoperating Assets (RNNOA)	-143.35%	-767.17%	1.28%	28.54%	16.73%	12.95%	21.51%	19.00%	10.27%	8.08%	1.95%
Return on Equity (ROE)	-24.11%	62.92%	11.31%	42.20%	31.21%	31.71%	57.95%	56.31%	31.78%	23.88%	10.06%
Cash Return on Invested Capital (CROIC)	3.42%	718.81%	-140.74%	11.57%	16.62%	7.48%	-69.84%	35.04%	21.75%	15.80%	-1.18%
Operating Return on Assets (OROA)	5.25%	8.16%	9.64%	12.43%	12.69%	14.65%	32.07%	35.39%	20.63%	15.13%	7.21%
Return on Assets (ROA)	-1.32%	4.98%	1.31%	6.91%	7.18%	8.45%	23.18%	25.80%	14.61%	10.23%	3.99%
Return on Common Equity (ROCE)	-24.11%	62.92%	11.31%	42.20%	31.21%	31.71%	57.95%	56.31%	31.78%	23.88%	10.06%
Return on Equity Simple (ROE_SIMPLE)	-15.30%	46.62%	10.31%	34.41%	26.89%	27.20%	35.93%	55.40%	32.55%	25.09%	0.00%
Net Operating Profit after Tax (NOPAT)	64	1,574	120	290	308	418	1,830	2,902	1,690	1,239	668
NOPAT Margin	1.78%	24.72%	1.71%	3.76%	4.23%	4.88%	9.20%	12.77%	9.88%	7.56%	4.40%
Net Nonoperating Expense Percent (NNEP)	-208.51%	-3,596.78%	9.52%	5.20%	6.08%	8.41%	5.09%	5.27%	4.96%	4.84%	5.96%
Return On Investment Capital (ROIC_SIMPLE)	42.58%	508.45%	5.57%	13.46%	14.54%	15.04%	23.66%	36.52%	21.35%	15.49%	7.59%
Cost of Revenue to Revenue	74.71%	74.92%	75.44%	75.11%	72.85%	74.03%	70.59%	65.92%	64.83%	67.18%	69.61%
SG&A Expenses to Revenue	22.74%	21.37%	20.50%	20.12%	21.76%	19.61%	17.41%	17.49%	22.44%	23.10%	25.21%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	22.74%	21.37%	20.50%	20.12%	21.76%	19.61%	17.41%	17.49%	22.44%	23.10%	25.21%
Earnings before Interest and Taxes (EBIT)	91	236	285	369	392	544	2,387	3,770	2,176	1,595	786
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	168	354	384	472	496	664	2,939	4,272	2,739	2,163	1,378
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	8.11	3.95	6.54	2.10	3.57	4.14	3.42	1.92	4.35	3.83	2.61
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	19.25	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.34	0.19	0.35	0.16	0.40	0.56	0.83	0.42	1.20	1.00	0.75
Price to Earnings (P/E)	0.00	8.48	63.46	6.10	13.26	15.20	9.51	3.47	13.37	15.26	26.14
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	11.80%	1.58%	16.39%	7.54%	6.58%	10.51%	28.79%	7.48%	6.55%	3.83%
Enterprise Value to Invested Capital (EV/IC)	13.62	4.10	1.99	1.31	2.01	2.54	2.51	1.58	3.02	2.55	1.82
Enterprise Value to Revenue (EV/Rev)	0.32	0.19	0.60	0.36	0.58	0.70	0.97	0.55	1.39	1.22	1.03
Enterprise Value to EBITDA (EV/EBITDA)	6.82	3.42	10.90	5.94	8.50	8.99	6.57	2.91	8.65	9.25	11.35
Enterprise Value to EBIT (EV/EBIT)	12.62	5.12	14.69	7.60	10.76	10.97	8.08	3.30	10.89	12.54	19.89
Enterprise Value to NOPAT (EV/NOPAT)	18.03	0.77	34.82	9.65	13.71	14.28	10.55	4.29	14.03	16.14	23.41
Enterprise Value to Operating Cash Flow (EV/OCF)	6.47	7.64	23.46	9.91	8.37	22.95	11.07	3.46	10.28	10.68	12.86
Enterprise Value to Free Cash Flow (EV/FCFF)	628.25	0.89	0.00	11.40	11.95	35.80	0.00	4.57	13.87	16.13	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	4.74	2.62	1.57	1.41	0.61	0.60	0.67	0.86	1.02
Long-Term Debt to Equity	0.00	0.00	4.71	2.59	1.55	1.39	0.61	0.60	0.67	0.86	1.02
Financial Leverage	-0.44	-0.17	2.50	3.37	1.99	1.25	0.69	0.59	0.62	0.74	0.90
Leverage Ratio	18.25	12.62	8.63	6.11	4.35	3.75	2.50	2.18	2.18	2.34	2.52
Compound Leverage Factor	-3.71	1.16	2.78	4.32	3.13	2.82	2.36	2.07	1.98	2.03	1.64
Debt to Total Capital	0.00%	0.00%	82.59%	72.36%	61.02%	58.49%	37.89%	37.55%	40.20%	46.30%	50.51%
Short-Term Debt to Total Capital	0.00%	0.00%	0.58%	0.72%	0.66%	0.98%	0.05%	0.08%	0.05%	0.04%	0.16%
Long-Term Debt to Total Capital	0.00%	0.00%	82.01%	71.64%	60.36%	57.50%	37.84%	37.47%	40.15%	46.25%	50.34%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	17.41%	27.64%	38.98%	41.51%	62.11%	62.45%	59.80%	53.70%	49.49%
Debt to EBITDA	0.00	0.00	4.64	3.31	2.60	2.45	1.00	0.70	1.16	1.71	3.22
Net Debt to EBITDA	0.00	0.00	4.49	3.29	2.57	1.81	0.98	0.68	1.14	1.64	3.09
Long-Term Debt to EBITDA	0.00	0.00	4.61	3.28	2.57	2.41	1.00	0.70	1.16	1.71	3.21
Debt to NOPAT	0.00	0.00	14.84	5.38	4.20	3.89	1.60	1.03	1.88	2.99	6.65
Net Debt to NOPAT	0.00	0.00	14.36	5.34	4.15	2.87	1.58	1.00	1.84	2.87	6.38
Long-Term Debt to NOPAT	0.00	0.00	14.73	5.32	4.15	3.82	1.60	1.03	1.88	2.99	6.63
Altman Z-Score	1.62	2.82	3.37	3.65	3.65	3.95	4.53	4.62	4.68	3.77	2.74
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.62	1.61	1.75	1.88	1.59	2.07	1.86	1.90	1.77	1.77	1.86
Quick Ratio	0.89	0.85	0.95	1.00	0.86	1.23	0.94	0.96	0.96	0.93	1.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1.82	1,363	-1,688	246	353	167	-3,507	2,725	1,709	1,240	-97
Operating Cash Flow to CapEx	447.78%	460.54%	300.42%	292.61%	474.06%	251.07%	813.48%	1,092.45%	536.96%	510.86%	355.68%
Free Cash Flow to Firm to Interest Expense	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	1.62	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	1.26	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.06	2.20	2.38	2.60	2.36	2.31	2.67	2.13	1.62	1.56	1.39
Accounts Receivable Turnover	9.50	10.51	10.59	10.83	10.29	10.76	13.90	12.46	10.03	10.14	10.48
Inventory Turnover	8.18	9.05	9.28	9.68	9.16	9.42	11.65	9.82	8.35	9.03	9.17
Fixed Asset Turnover	8.80	9.16	10.86	11.80	10.46	11.64	18.64	15.39	10.14	8.71	7.29
Accounts Payable Turnover	12.11	12.31	11.49	12.38	12.33	12.22	16.58	15.80	13.16	12.60	13.36
Days Sales Outstanding (DSO)	38.42	34.72	34.46	33.69	35.48	33.94	26.26	29.29	36.40	36.00	34.82
Days Inventory Outstanding (DIO)	44.63	40.35	39.32	37.70	39.85	38.76	31.33	37.18	43.70	40.43	39.82
Days Payable Outstanding (DPO)	30.14	29.65	31.78	29.49	29.59	29.87	22.01	23.11	27.74	28.98	27.32
Cash Conversion Cycle (CCC)	52.91	45.42	42.00	41.90	45.74	42.83	35.58	43.36	52.37	47.44	47.32
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	84	295	2,103	2,148	2,102	2,353	7,690	7,866	7,847	7,847	8,612
Invested Capital Turnover	66.90	33.57	5.87	3.63	3.43	3.84	3.96	2.92	2.18	2.09	1.85
Increase / (Decrease) in Invested Capital	62	211	1,808	44	-45	251	5,336	177	-19	-0.30	765
Enterprise Value (EV)	1,146	1,209	4,188	2,803	4,219	5,967	19,301	12,453	23,706	20,000	15,637
Market Capitalization	1,211	1,224	2,461	1,252	2,942	4,767	16,414	9,549	20,592	16,449	11,378
Book Value per Share	$1.37	$2.78	$3.33	$5.20	$7.12	$9.87	$25.08	$33.72	$38.37	$37.33	$39.36
Tangible Book Value per Share	($7.14)	($5.29)	($4.40)	($2.16)	($0.63)	$2.12	($0.37)	($0.31)	($0.99)	($4.22)	($8.76)
Total Capital	149	310	2,161	2,158	2,116	2,777	7,732	7,947	7,913	8,001	8,794
Total Debt	0.00	0.00	1,784	1,561	1,291	1,624	2,930	2,984	3,181	3,704	4,441
Total Long-Term Debt	0.00	0.00	1,772	1,546	1,277	1,597	2,926	2,978	3,177	3,701	4,427
Net Debt	-65	-14	1,727	1,551	1,277	1,200	2,887	2,904	3,115	3,550	4,260
Capital Expenditures (CapEx)	40	34	59	97	106	104	214	329	430	367	342
Debt-free, Cash-free Net Working Capital (DFCFNWC)	394	447	552	648	485	752	1,801	1,581	1,375	1,214	1,185
Debt-free Net Working Capital (DFNWC)	459	461	610	658	499	1,176	1,843	1,661	1,441	1,367	1,367
Net Working Capital (NWC)	459	461	598	642	486	1,149	1,840	1,655	1,437	1,364	1,352
Net Nonoperating Expense (NNE)	86	1,430	81	85	86	104	104	153	149	161	233
Net Nonoperating Obligations (NNO)	-65	-14	1,727	1,551	1,277	1,200	2,887	2,904	3,115	3,550	4,260
Total Depreciation and Amortization (D&A)	77	117	99	103	104	120	551	502	563	568	591
Debt-free, Cash-free Net Working Capital to Revenue	11.05%	7.02%	7.85%	8.39%	6.67%	8.79%	9.05%	6.96%	8.04%	7.40%	7.80%
Debt-free Net Working Capital to Revenue	12.88%	7.24%	8.67%	8.52%	6.86%	13.74%	9.27%	7.31%	8.43%	8.34%	9.00%
Net Working Capital to Revenue	12.88%	7.24%	8.49%	8.32%	6.67%	13.42%	9.25%	7.28%	8.41%	8.32%	8.90%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.22)	$1.30	$0.34	$1.79	$1.92	$2.69	$8.55	$16.98	$12.06	$9.13	$3.91
Adjusted Weighted Average Basic Shares Outstanding	103.19M	110.75M	112.59M	114.59M	115.71M	116.61M	201.84M	161.96M	127.78M	118.04M	111.42M
Adjusted Diluted Earnings per Share	($0.22)	$1.27	$0.34	$1.76	$1.90	$2.66	$8.48	$16.82	$11.94	$9.06	$3.89
Adjusted Weighted Average Diluted Shares Outstanding	103.19M	113.59M	115.60M	116.55M	117.03M	117.92M	203.47M	163.48M	129.00M	118.98M	111.82M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	110.07M	112.04M	114.12M	115.36M	116.13M	206.43M	176.77M	138.01M	121.94M	113.62M	110.61M
Normalized Net Operating Profit after Tax (NOPAT)	64	165	200	290	308	418	1,830	2,902	1,690	1,239	668
Normalized NOPAT Margin	1.78%	2.60%	2.84%	3.76%	4.23%	4.88%	9.20%	12.77%	9.88%	7.56%	4.40%
Pre Tax Income Margin	-0.52%	0.34%	1.31%	3.38%	3.88%	4.77%	11.32%	15.72%	11.61%	8.46%	3.37%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.83	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.58	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.47	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.22	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-4.32%	0.76%	6.82%	2.39%	4.69%	1.32%	99.38%	94.33%	117.59%	140.75%	95.12%

This table displays calculated financial ratios and metrics derived from Builders FirstSource's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	110,605,069.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	110,605,069.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-0.43
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-21.30%	-4.74%	0.21%	-1.60%	-6.66%	-7.96%	-6.01%	-4.99%	-6.88%	-12.10%	-10.13%
EBITDA Growth	-31.39%	-5.26%	-14.87%	-11.62%	-27.17%	-30.34%	-35.90%	-27.50%	-33.95%	-51.63%	-49.96%
EBIT Growth	-36.76%	-6.76%	-20.03%	-15.18%	-33.29%	-37.98%	-50.63%	-36.40%	-46.55%	-79.69%	-91.05%
NOPAT Growth	-36.52%	-7.27%	-18.98%	-13.59%	-33.41%	-40.55%	-50.01%	-37.48%	-46.18%	-81.24%	-92.22%
Net Income Growth	-38.83%	-8.80%	-22.47%	-14.96%	-36.92%	-45.75%	-62.79%	-46.23%	-57.03%	-83.45%	-149.23%
EPS Growth	-23.94%	-0.36%	-12.86%	-9.18%	-32.03%	-40.65%	-60.00%	-42.16%	-54.92%	-82.42%	-151.19%
Operating Cash Flow Growth	-56.73%	-37.03%	-51.53%	15.53%	12.39%	-38.95%	-58.28%	-24.56%	-24.97%	-47.84%	-33.91%
Free Cash Flow Firm Growth	403.66%	68.48%	-94.98%	-73.18%	-56.56%	-43.26%	-1,479.12%	-276.80%	-217.57%	-412.69%	132.96%
Invested Capital Growth	-5.07%	-0.24%	3.27%	1.33%	-0.88%	0.00%	9.73%	9.16%	8.19%	9.75%	-2.23%
Revenue Q/Q Growth	0.12%	-8.46%	-6.25%	14.52%	-5.02%	-9.74%	-4.26%	15.76%	-6.92%	-14.80%	-2.11%
EBITDA Q/Q Growth	9.25%	-19.13%	-18.75%	23.13%	-9.97%	-22.66%	-25.23%	39.26%	-17.98%	-43.36%	-22.64%
EBIT Q/Q Growth	11.19%	-23.56%	-23.82%	31.02%	-12.56%	-28.94%	-39.36%	68.77%	-26.51%	-72.99%	-73.27%
NOPAT Q/Q Growth	9.92%	-20.84%	-23.33%	29.53%	-15.29%	-29.32%	-35.54%	62.00%	-27.08%	-75.36%	-73.27%
Net Income Q/Q Growth	11.58%	-22.32%	-26.21%	32.97%	-17.24%	-33.20%	-49.38%	92.13%	-33.86%	-74.28%	-250.62%
EPS Q/Q Growth	13.61%	-22.56%	-24.46%	36.67%	-14.98%	-32.38%	-49.09%	97.62%	-33.73%	-73.64%	-248.28%
Operating Cash Flow Q/Q Growth	65.97%	-5.82%	-48.15%	42.53%	61.47%	-48.84%	-64.57%	157.72%	60.60%	-64.44%	-55.10%
Free Cash Flow Firm Q/Q Growth	-12.72%	-55.34%	-88.84%	516.43%	41.35%	-41.67%	-371.33%	20.97%	6.00%	-55.15%	128.60%
Invested Capital Q/Q Growth	-0.45%	-0.56%	1.48%	0.87%	-2.62%	0.31%	11.36%	0.34%	-3.48%	1.76%	-0.79%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	34.87%	35.29%	33.40%	32.82%	32.75%	32.31%	30.49%	30.68%	30.43%	29.84%	28.26%
EBITDA Margin	17.25%	15.24%	13.21%	14.20%	13.46%	11.53%	9.01%	10.84%	9.55%	6.35%	5.02%
Operating Margin	14.15%	11.82%	9.60%	10.98%	10.11%	7.96%	5.04%	7.35%	5.80%	1.84%	0.50%
EBIT Margin	14.15%	11.82%	9.60%	10.98%	10.11%	7.96%	5.04%	7.35%	5.80%	1.84%	0.50%
Profit (Net Income) Margin	9.96%	8.45%	6.65%	7.72%	6.73%	4.98%	2.63%	4.37%	3.11%	0.94%	-1.44%
Tax Burden Percent	76.33%	79.05%	79.56%	78.66%	76.19%	75.78%	80.56%	77.32%	76.73%	-526.77%	81.92%
Interest Burden Percent	92.18%	90.46%	87.06%	89.37%	87.32%	82.54%	64.82%	76.87%	69.73%	-9.67%	-350.42%
Effective Tax Rate	23.67%	20.95%	20.44%	21.34%	23.81%	24.22%	19.44%	22.68%	23.28%	0.00%	0.00%
Return on Invested Capital (ROIC)	23.07%	20.32%	16.67%	18.44%	16.41%	12.61%	7.86%	10.79%	8.56%	2.38%	0.60%
ROIC Less NNEP Spread (ROIC-NNEP)	21.87%	19.10%	15.40%	17.32%	15.17%	11.40%	6.45%	9.45%	7.15%	2.08%	-0.72%
Return on Net Nonoperating Assets (RNNOA)	14.27%	11.85%	9.71%	14.65%	11.24%	8.42%	5.09%	9.27%	6.14%	1.87%	-0.77%
Return on Equity (ROE)	37.34%	32.18%	26.38%	33.09%	27.65%	21.03%	12.96%	20.06%	14.70%	4.25%	-0.16%
Cash Return on Invested Capital (CROIC)	26.43%	21.75%	17.45%	18.22%	18.65%	15.80%	3.76%	2.48%	1.88%	-1.18%	8.48%
Operating Return on Assets (OROA)	21.99%	19.15%	15.17%	17.44%	15.64%	12.39%	7.21%	10.57%	8.14%	2.56%	0.65%
Return on Assets (ROA)	15.47%	13.70%	10.51%	12.26%	10.41%	7.75%	3.76%	6.28%	4.35%	1.31%	-1.88%
Return on Common Equity (ROCE)	37.34%	32.18%	26.38%	33.09%	27.65%	21.03%	12.96%	20.06%	14.70%	4.25%	-0.16%
Return on Equity Simple (ROE_SIMPLE)	34.37%	0.00%	29.57%	32.64%	27.85%	0.00%	20.93%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	490	388	297	385	326	230	149	241	176	43	12
NOPAT Margin	10.80%	9.34%	7.64%	8.64%	7.71%	6.03%	4.06%	5.68%	4.45%	1.29%	0.35%
Net Nonoperating Expense Percent (NNEP)	1.20%	1.23%	1.27%	1.12%	1.24%	1.21%	1.42%	1.34%	1.41%	0.30%	1.32%
Return On Investment Capital (ROIC_SIMPLE)	6.14%	4.90%	3.43%	4.75%	4.00%	2.88%	1.68%	2.72%	2.00%	0.49%	0.13%
Cost of Revenue to Revenue	65.13%	64.71%	66.60%	67.18%	67.25%	67.69%	69.51%	69.32%	69.57%	70.16%	71.74%
SG&A Expenses to Revenue	20.72%	23.48%	23.80%	21.84%	22.64%	24.34%	25.45%	23.33%	24.63%	28.00%	27.76%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	20.72%	23.48%	23.80%	21.84%	22.64%	24.34%	25.45%	23.33%	24.63%	28.00%	27.76%
Earnings before Interest and Taxes (EBIT)	642	490	374	489	428	304	184	311	229	62	17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	782	633	514	633	570	441	329	459	376	213	165
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.40	4.35	5.19	3.92	5.08	3.83	3.25	3.09	3.11	2.61	2.27
Price to Tangible Book Value (P/TBV)	0.00	0.00	195.66	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.90	1.20	1.50	0.99	1.35	1.00	0.88	0.81	0.86	0.75	0.61
Price to Earnings (P/E)	9.89	13.37	17.55	12.02	18.23	15.26	15.51	17.05	22.57	26.14	31.24
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	10.11%	7.48%	5.70%	8.32%	5.49%	6.55%	6.45%	5.87%	4.43%	3.83%	3.20%
Enterprise Value to Invested Capital (EV/IC)	2.39	3.02	3.61	2.57	3.32	2.55	2.12	1.99	2.07	1.82	1.60
Enterprise Value to Revenue (EV/Rev)	1.09	1.39	1.68	1.21	1.55	1.22	1.15	1.10	1.12	1.03	0.92
Enterprise Value to EBITDA (EV/EBITDA)	6.82	8.65	10.86	8.05	11.05	9.25	9.41	9.72	10.93	11.35	11.25
Enterprise Value to EBIT (EV/EBIT)	8.53	10.89	13.79	10.34	14.57	12.54	13.20	14.24	17.06	19.89	22.07
Enterprise Value to NOPAT (EV/NOPAT)	10.97	14.03	17.74	13.23	18.59	16.14	17.04	18.52	22.10	23.41	25.36
Enterprise Value to Operating Cash Flow (EV/OCF)	7.08	10.28	14.59	10.16	12.29	10.68	11.00	11.09	12.59	12.86	11.65
Enterprise Value to Free Cash Flow (EV/FCFF)	8.82	13.87	21.00	14.18	17.71	16.13	59.04	83.82	114.39	0.00	18.62
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.74	0.67	0.75	0.88	0.83	0.86	1.02	1.12	1.03	1.02	1.16
Long-Term Debt to Equity	0.74	0.67	0.75	0.88	0.83	0.86	1.02	1.12	1.03	1.02	1.15
Financial Leverage	0.65	0.62	0.63	0.85	0.74	0.74	0.79	0.98	0.86	0.90	1.06
Leverage Ratio	2.27	2.18	2.25	2.48	2.40	2.34	2.42	2.62	2.55	2.52	2.72
Compound Leverage Factor	2.09	1.97	1.96	2.22	2.09	1.93	1.57	2.01	1.78	-0.24	-9.52
Debt to Total Capital	42.60%	40.20%	42.77%	46.91%	45.44%	46.30%	50.59%	52.82%	50.72%	50.51%	53.66%
Short-Term Debt to Total Capital	0.05%	0.05%	0.03%	0.03%	0.04%	0.04%	0.08%	0.08%	0.16%	0.16%	0.28%
Long-Term Debt to Total Capital	42.55%	40.15%	42.74%	46.88%	45.40%	46.25%	50.51%	52.74%	50.56%	50.34%	53.38%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	57.40%	59.80%	57.23%	53.09%	54.56%	53.70%	49.41%	47.18%	49.28%	49.49%	46.34%
Debt to EBITDA	1.23	1.16	1.40	1.48	1.58	1.71	2.27	2.60	2.77	3.22	3.82
Net Debt to EBITDA	1.20	1.14	1.14	1.46	1.44	1.64	2.21	2.55	2.58	3.09	3.74
Long-Term Debt to EBITDA	1.23	1.16	1.40	1.48	1.58	1.71	2.27	2.60	2.76	3.21	3.80
Debt to NOPAT	1.98	1.88	2.29	2.44	2.65	2.99	4.11	4.95	5.60	6.65	8.62
Net Debt to NOPAT	1.92	1.84	1.86	2.39	2.42	2.87	4.01	4.86	5.22	6.38	8.44
Long-Term Debt to NOPAT	1.97	1.88	2.29	2.44	2.65	2.99	4.11	4.95	5.58	6.63	8.57
Altman Z-Score	3.54	4.15	4.45	3.50	3.96	3.37	2.84	2.69	2.73	2.53	2.21
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.76	1.77	2.21	1.83	1.77	1.77	1.82	1.79	1.79	1.86	1.76
Quick Ratio	0.96	0.96	1.29	0.98	1.01	0.93	0.91	0.92	1.00	1.00	0.93
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	911	407	45	280	396	231	-626	-495	-465	-722	206
Operating Cash Flow to CapEx	580.20%	634.35%	353.83%	529.52%	765.79%	388.08%	151.65%	396.47%	661.17%	227.22%	195.31%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.55	1.62	1.58	1.59	1.55	1.56	1.43	1.44	1.40	1.39	1.30
Accounts Receivable Turnover	8.53	10.03	10.79	9.36	9.52	10.14	10.37	9.46	9.77	10.48	9.65
Inventory Turnover	7.29	8.35	8.29	8.46	8.77	9.03	8.11	8.40	9.08	9.17	8.19
Fixed Asset Turnover	10.63	10.14	9.94	9.54	9.04	8.71	8.07	7.80	7.56	7.29	6.85
Accounts Payable Turnover	10.63	13.16	11.37	10.74	10.83	12.60	10.72	10.71	10.90	13.36	10.68
Days Sales Outstanding (DSO)	42.81	36.40	33.82	39.00	38.33	36.00	35.19	38.59	37.34	34.82	37.81
Days Inventory Outstanding (DIO)	50.04	43.70	44.02	43.12	41.62	40.43	45.02	43.47	40.20	39.82	44.58
Days Payable Outstanding (DPO)	34.33	27.74	32.10	33.99	33.71	28.98	34.06	34.07	33.48	27.32	34.19
Cash Conversion Cycle (CCC)	58.52	52.37	45.74	48.13	46.24	47.44	46.15	47.99	44.06	47.32	48.20
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,892	7,847	7,964	8,033	7,822	7,847	8,738	8,768	8,463	8,612	8,543
Invested Capital Turnover	2.14	2.18	2.18	2.13	2.13	2.09	1.94	1.90	1.92	1.85	1.72
Increase / (Decrease) in Invested Capital	-421	-19	252	105	-69	-0.30	775	736	641	765	-195
Enterprise Value (EV)	18,877	23,706	28,731	20,622	25,952	20,000	18,560	17,486	17,551	15,637	13,645
Market Capitalization	15,566	20,592	25,724	16,894	22,576	16,449	14,196	12,896	13,404	11,378	9,106
Book Value per Share	$36.63	$38.37	$40.64	$35.27	$38.18	$37.33	$38.50	$37.81	$39.04	$39.36	$36.20
Tangible Book Value per Share	($2.31)	($0.99)	$1.08	($3.84)	($2.95)	($4.22)	($8.04)	($9.71)	($7.93)	($8.76)	($11.29)
Total Capital	7,980	7,913	8,661	8,108	8,150	8,001	8,854	8,855	8,759	8,794	8,642
Total Debt	3,399	3,181	3,704	3,803	3,704	3,704	4,480	4,677	4,443	4,441	4,638
Total Long-Term Debt	3,395	3,177	3,701	3,801	3,700	3,701	4,472	4,670	4,429	4,427	4,613
Net Debt	3,311	3,115	3,007	3,728	3,376	3,550	4,364	4,590	4,147	4,260	4,539
Capital Expenditures (CapEx)	112	96	90	85	95	96	87	86	83	86	45
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,463	1,375	1,467	1,489	1,191	1,214	1,371	1,373	1,169	1,185	1,270
Debt-free Net Working Capital (DFNWC)	1,551	1,441	2,165	1,565	1,519	1,367	1,486	1,460	1,465	1,367	1,369
Net Working Capital (NWC)	1,547	1,437	2,162	1,562	1,516	1,364	1,479	1,453	1,451	1,352	1,344
Net Nonoperating Expense (NNE)	38	37	38	41	41	40	52	56	53	12	59
Net Nonoperating Obligations (NNO)	3,311	3,115	3,007	3,728	3,376	3,550	4,364	4,590	4,147	4,260	4,539
Total Depreciation and Amortization (D&A)	141	142	140	143	142	136	145	148	148	151	148
Debt-free, Cash-free Net Working Capital to Revenue	8.46%	8.04%	8.58%	8.74%	7.12%	7.40%	8.48%	8.61%	7.47%	7.80%	8.57%
Debt-free Net Working Capital to Revenue	8.97%	8.43%	12.65%	9.19%	9.08%	8.34%	9.19%	9.16%	9.36%	9.00%	9.23%
Net Working Capital to Revenue	8.94%	8.41%	12.64%	9.17%	9.06%	8.32%	9.15%	9.11%	9.27%	8.90%	9.07%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.62	$2.81	$2.12	$2.89	$2.45	$1.67	$0.85	$1.67	$1.11	$0.28	($0.43)
Adjusted Weighted Average Basic Shares Outstanding	124.58M	127.78M	121.97M	119.24M	116.18M	118.04M	113.68M	110.92M	110.55M	111.42M	109.87M
Adjusted Diluted Earnings per Share	$3.59	$2.78	$2.10	$2.87	$2.44	$1.65	$0.84	$1.66	$1.10	$0.29	($0.43)
Adjusted Weighted Average Diluted Shares Outstanding	125.79M	129.00M	123.37M	120.07M	116.94M	118.98M	114.34M	111.20M	110.93M	111.82M	109.87M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	123.35M	121.94M	122.06M	116.45M	115.08M	113.62M	110.51M	110.55M	110.58M	110.61M	107.56M
Normalized Net Operating Profit after Tax (NOPAT)	490	388	297	385	326	230	149	241	176	43	12
Normalized NOPAT Margin	10.80%	9.34%	7.64%	8.64%	7.71%	6.03%	4.06%	5.68%	4.45%	1.29%	0.35%
Pre Tax Income Margin	13.04%	10.69%	8.36%	9.82%	8.83%	6.57%	3.27%	5.65%	4.05%	-0.18%	-1.76%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	140.12%	117.59%	83.55%	101.75%	110.84%	140.75%	165.24%	123.09%	130.94%	95.12%	240.73%

Financials Breakdown Chart

Key Financial Trends

Here are the key trends for Builders FirstSource (BLDR) based on its quarterly statements over the last four years (2022–2025). The focus is on revenue, profitability, cash flow, and leverage patterns from income, balance sheet, and cash flow data.

Gross margin has remained around 30% across 2022–2025, indicating a stable ability to convert revenue to gross profit even as quarterly sales fluctuate.
Operating cash flow has been consistently positive in all quarters shown (including 2025), underscoring solid cash generation from core operations.
Liquidity improved meaningfully into 2025, with cash & equivalents rising to about $296 million by Q3 2025 and total equity in the low- to mid-double billions, signaling a strong balance sheet foundation.
Net income has generally remained positive in recent years, with robust quarterly results in 2023–2024 (for example, Q3 2024 net income around $284.8 million and Q2 2024 around $344.1 million).
Revenue has shown a downshift in 2025 after a period of strength in 2022–2024, with quarterly revenue flowing from roughly $4.0–$4.3 billion in mid-2025 to about $3.36 billion in Q4 2025.
Financing activity has been variable, with sizable positive cash from financing in early 2025 followed by net outflows in later quarters, indicating active adjustments to the capital structure.
Investing cash outflows have been meaningful (capex and acquisitions) across 2025 and prior years, contributing to ongoing outflows from investing activities and reducing free cash flow in some periods.
Net income in Q4 2025 dropped to about $31.5 million on $3.36 billion in revenue, signaling margin compression versus earlier quarters.
Long-term debt rose to roughly $4.4–$4.7 billion by 2025, suggesting higher leverage to fund investments and operations, which could weigh on interest costs going forward.
Working-capital dynamics show sizable current liabilities (accounts payable, accrued expenses, and current liabilities) alongside steady positive operating cash flow, implying liquidity depends on continued strong operating performance and working-capital management.

05/06/26 08:07 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Builders FirstSource's Financials

When does Builders FirstSource's fiscal year end?

According to the most recent income statement we have on file, Builders FirstSource's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has Builders FirstSource's net income changed over the last 10 years?

Builders FirstSource's net income appears to be on an upward trend, with a most recent value of $435.20 million in 2025, falling from -$22.83 million in 2015. The previous period was $1.08 billion in 2024. See Builders FirstSource's forecast for analyst expectations on whatâ€™s next for the company.

What is Builders FirstSource's operating income?

Builders FirstSource's total operating income in 2025 was $786.28 million, based on the following breakdown:

Total Gross Profit: $4.62 billion
Total Operating Expenses: $3.83 billion

How has Builders FirstSource's revenue changed over the last 10 years?

Over the last 10 years, Builders FirstSource's total revenue changed from $3.56 billion in 2015 to $15.19 billion in 2025, a change of 326.2%.

How much debt does Builders FirstSource have?

Builders FirstSource's total liabilities were at $6.89 billion at the end of 2025, a 9.5% increase from 2024, and a 151.9% increase since 2015.

How much cash does Builders FirstSource have?

In the past 10 years, Builders FirstSource's cash and equivalents has ranged from $10.13 million in 2018 to $423.81 million in 2020, and is currently $181.75 million as of their latest financial filing in 2025.

How has Builders FirstSource's book value per share changed over the last 10 years?

Over the last 10 years, Builders FirstSource's book value per share changed from 1.37 in 2015 to 39.36 in 2025, a change of 2,782.5%.

Related Companies

Financial statements for NYSE:BLDR last updated on 5/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Builders FirstSource (BLDR) Financials

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About Builders FirstSource's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Builders FirstSource (BLDR) Financials

Annual Income Statements for Builders FirstSource

Quarterly Income Statements for Builders FirstSource

Annual Cash Flow Statements for Builders FirstSource

Quarterly Cash Flow Statements for Builders FirstSource

Annual Balance Sheets for Builders FirstSource

Quarterly Balance Sheets for Builders FirstSource

Annual Metrics And Ratios for Builders FirstSource

Quarterly Metrics And Ratios for Builders FirstSource

Financials Breakdown Chart

Key Financial Trends

Frequently Asked Questions About Builders FirstSource's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools