Builders FirstSource Earnings Reports

Builders FirstSource faced a difficult Q1 2025 marked by lower core organic sales, reduced gross margins, and increased interest expenses, partially offset by acquisition growth.

Builders FirstSource reported Q4 2024 revenue of $3.82 billion, an 8.0% decline year-over-year. Net income decreased 45.8% to $190.2 million, while diluted EPS fell to $1.65. Adjusted EPS declined 34.9% to $2.31. The company faced lower gross margins and operating leverage, leading to a drop in Adjusted EBITDA to $493.6 million, a 28.0% decrease.

Builders FirstSource reported a 6.7% decrease in net sales to $4.2 billion and a 36.9% decrease in net income to $284.8 million, or $2.44 per diluted share. Despite a challenging housing market, the company maintained a mid-teens adjusted EBITDA margin of 14.8%.

Builders FirstSource reported a slight decrease in net sales and a decline in gross profit margin, net income, and adjusted EBITDA for Q2 2024. The company's performance was impacted by a decrease in core organic sales, particularly in the Multi-Family segment, but was partially offset by growth from acquisitions and Single Family. Despite these challenges, the company maintained a mid-teens EBITDA margin and generated strong free cash flow.

Builders FirstSource reported a slight increase in net sales for Q1 2024, but experienced declines in gross profit, net income, and adjusted EBITDA. The company reaffirmed its 2024 guidance, expecting net sales between $17.5 billion and $18.5 billion, and adjusted EBITDA between $2.4 billion and $2.8 billion.

Builders FirstSource reported a decrease in net sales by 4.7% to $4.2 billion, driven by a decline in core organic net sales and commodity deflation, partially offset by acquisitions. Net income decreased by 8.8% to $350.7 million. However, the adjusted EBITDA margin increased by 50 basis points to 16.5% due to higher gross margin.

Builders FirstSource reported net sales of $4.5 billion, a decrease of 21.3%, and net income of $451.5 million for Q3 2023. Despite market headwinds, the company focused on customer service, product mix, and digital tools to drive long-term growth.

Builders FirstSource reported a net sales decrease of 34.6% to $4.5 billion, driven by a decline in core organic net sales and commodity deflation. Net income decreased by 59.0% to $404.6 million, with earnings per diluted share at $3.16. Adjusted EBITDA decreased by 49.0% to $768.8 million, with a margin of 17.0%.

Builders FirstSource reported a decrease in net sales by 31.6% to $3.9 billion, driven by declining single-family starts and commodity deflation. Net income also decreased by 47.8% to $333.8 million. However, the gross profit margin percentage increased by 300 basis points to 35.3%.

Builders FirstSource reported a decrease in net sales of 6.0% to $4.4 billion, driven by declining single-family starts, two fewer selling days, and commodity deflation, partially offset by growth from acquisitions. Net income decreased 13.1% to $0.4 billion, and adjusted EBITDA decreased 12.2% to $0.7 billion. The company repurchased $651.4 million of common shares during the quarter.

Builders FirstSource reported a 4.6% increase in net sales to $5.8 billion, driven by core organic growth and acquisitions. Net income increased by 20.4% to $738.0 million, with earnings per diluted share rising to $4.72. Adjusted EBITDA also saw a substantial increase of 20.1% to $1.2 billion.

Builders FirstSource reported a strong second quarter in 2022, marked by a 24.2% increase in net sales to $6.9 billion, driven by core organic growth, acquisitions, and commodity inflation. Net income increased by 98.5% to $987.2 million, and adjusted EBITDA rose by 80.3% to $1.5 billion.

Builders FirstSource reported a strong start to 2022, achieving record net sales of $5.7 billion, a 36.1% increase, and a 15% core organic sales growth. Net income increased by 270.6% to $639.6 million, and adjusted EBITDA rose by 119.8% to $1.0 billion.

Builders FirstSource reported record fourth-quarter results, with net sales of $4.6 billion, an 83.1% increase driven by the merger with BMC, double-digit organic growth, and commodity inflation. Net income grew 216.2% to $442.5 million, or $2.31 per diluted share, while adjusted EBITDA increased 110.0% to $793.4 million. For the full year, net sales reached $19.9 billion, and adjusted EBITDA was $3.1 billion.

Builders FirstSource reported record third-quarter results, driven by the merger with BMC, commodity inflation, and strong organic growth. Net sales increased by 62.7% to $5.5 billion, gross profit increased by 102.9% to $1.7 billion, and adjusted EBITDA increased by 244.4% to $975.9 million. The adjusted EBITDA margin also saw a significant increase of 930 basis points, reaching 17.7%.

Builders FirstSource reported record second-quarter results, driven by the merger with BMC, commodity inflation, and strong organic growth. Net sales reached $5.6 billion, with a core organic sales growth of 35%. The company also achieved record net income, adjusted EBITDA, and adjusted EBITDA margin.

Builders FirstSource reported a significant increase in net sales, gross profit, and adjusted EBITDA compared to the previous year. The company's performance was driven by the merger with BMC, commodity inflation, and strong organic growth, particularly in the single-family residential housing market.

Builders FirstSource reported record fourth-quarter results, with net sales reaching $2.5 billion, a 43.5% increase year-over-year. Core organic sales grew by 15.0%, and adjusted EBITDA more than doubled to $257.1 million. The company also completed its merger with BMC Stock Holdings on January 1, 2021.

Builders FirstSource reported a strong third quarter in 2020, marked by record sales and adjusted EBITDA. Net sales increased by 15.9% year-over-year, driven by core organic sales growth, commodity inflation, and contributions from acquisitions. The company's enhanced focus on cost controls led to a gross margin of 24.9% and effectively flat adjusted EBITDA margin.

Builders FirstSource reported a 2.2% increase in net sales to $1.9 billion, with adjusted EBITDA rising by 11.2% to a record $162 million. Net income was $78.9 million, or $0.67 per diluted share, and the company reduced its net leverage ratio to 2.3x.

Builders FirstSource reported a 9.5% increase in net sales to $1.8 billion for the first quarter of 2020. Core organic growth was 3.9%, and adjusted EBITDA was $97 million, representing 5.4% of net sales. Net income was $8.8 million, or $0.07 per diluted share, while adjusted net income was $40.2 million, or $0.34 per diluted share.

Builders FirstSource reported Q4 2019 results, with net sales of $1.8 billion, a 2.9% decrease. Sales volume grew by 7.7%, while commodity deflation decreased net sales by 10.6%. Adjusted EBITDA was $109.3 million, and net income was $41.4 million, or $0.35 per diluted share. The company acquired Raney Components to enhance value-added product offerings.