BLDRBuilders FirstSource
The business
How BLDR's business earns
Builders FirstSource earns 2.8% on the capital it employs against an estimated 9.0% cost of capital.
Return on invested capital · cost of capital 9.0% · 6.2 points below the estimated cost of capital
- Operating margin
- 2.1%
Operating margin · Building Products & Equipment median 7.4% · 12 months to Sep 30, 2026
- Cash conversion
- 2.06×
Cash conversion · 1.76× a year ago · operating cash flow divided by operating profit after tax
- Share count, year on year
- −3.0%
Share count, year on year · fewer shares than a year ago
| Year | Operating margin |
|---|---|
| FY2020 | 6.3% |
| FY2021 | 12% |
| FY2022 | 17% |
| FY2023 | 13% |
| FY2024 | 9.7% |
| FY2025 | 5.2% |
Details›
- Gross margin12 months to Sep 30, 2026
- 28%
- Operating margin12 months to Sep 30, 2026
- 2.1%
- Net margin12 months to Sep 30, 2026
- 0.28%
- Free cash flow margin
- 1.8%
- Revenue, trailing twelve months
- $14.4B
- Free cash flow, trailing twelve months
- $251M
- Net income, trailing twelve months
- $41M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 2.8%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Customers and suppliers
Who buys from BLDR and who it buys from, as the companies report it.
- Top ten customers14%
Combined share of revenue · FY2025 10-K
None disclosed.
Building Products & Equipment
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