BLDRBuilders FirstSource, Inc.
Retail-Lumber & Other Building Materials Dealers
- Revenue
- $15.2B
- 7.4% YoY
- Operating margin
- 5.2%
- 47% YoY
- EBITDA
- $1.4B
- 36% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.3×
- $4.6B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear279% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear34% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear37% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $19.9B | $22.7B | $17.1B | $16.4B | $15.2B | 7.4% |
| Operating income | $2.4B | $3.8B | $2.2B | $1.6B | $786M | 51% |
| Net income | $1.7B | $2.7B | $1.5B | $1.1B | $435M | 60% |
| Operating cash flow | $1.7B | $3.6B | $2.3B | $1.9B | $1.2B | 35% |
| Capex | $228M | $340M | $476M | $381M | $363M | 4.7% |
| Stock-based comp | $31M | $31M | $49M | $63M | $54M | 15% |
| Buybacks | $1.7B | $2.6B | $1.8B | $1.5B | $414M | 73% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.