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Builders FirstSource, Inc.'s published Strong Buy conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $5.9B | |
|---|---|---|
| Revenue (ttm) | 14.4B | |
| Net income (ttm) | 102.6M | |
| EPS (ttm) | $0.93 | |
| Shares out | 107.6M | |
| P/E (trailing) | 60.0x | |
| P/E (forward) | 13.9x | |
| Volume | 2,119,037 | |
| Beta | 1.45 |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
| Revenue | $19.89B | $22.73B | $17.10B | $16.40B | $15.19B | -6.5% |
| Gross profit | $5.85B | $7.74B | $6.01B | $5.38B | $4.62B | -5.8% |
| Operating income | $2.39B | $3.77B | $2.18B | $1.60B | $786.3M | -24.2% |
| Net income | $1.73B | $2.75B | $1.54B | $1.08B | $435.2M | -29.1% |
| EPS (diluted) | $8.48 | $16.82 | $11.94 | $9.06 | $3.89 | -17.7% |
| EBITDA | $2.93B | $4.24B | $2.73B | $2.16B | $1.38B | -17.2% |
| R&D | — | — | — | — | — | — |
| SG&A | $3.46B | $3.97B | $3.84B | $3.79B | $3.83B | +2.5% |
Recent company headlines from major financial publishers.
Modal expected path where single-family starts contract mid-single digits through late 2026 before stabilizing in FY2027 and compounding organically at 4.0%-5.5% annually through FY2030. Revenue transitions from $14.35B in FY2026 to $14.87B in FY2027 and reaches $17.14B by FY2030. Operating margin recovers from 5.15% in FY2026 to 6.20% in FY2027 and normalizes at 7.80% in FY2030. Diluted share count decreases by 1.5%-2.5% annually via disciplined cash flow deployment, yielding a fair value midpoint of $73.75.
Rapid normalization of single-family housing starts supported by mortgage rate easing and demographic demand. Penetration of manufactured products accelerates as builders address persistent framer labor shortages. Revenue grows at an above-trend annual pace, operating margins expand toward prior peak levels, and robust annual free cash flow enables full resumption of accretive share repurchases under the existing authorization.
| Ke ↓ / g → | 2.0% | 2.3% | 2.5% | 2.8% | 3.0% |
|---|---|---|---|---|---|
| 9.5% | $81.1 | $84.0 | $87.1 | $90.7 | $94.7 |
| 10.0% | $74.9 | $77.3 | $79.8 | $82.6 | $85.7 |
| 10.5% | $69.7 | $71.7 | $73.8 | $76.0 | $78.5 |
| 11.0% | $65.3 | $66.9 | $68.7 | $70.6 | $72.6 |
| 11.5% | $61.5 | $62.8 | $64.3 | $65.9 | $67.6 |
Upcoming earnings date and setup when available.
The rating each month's published research edition carried. A rating compares the price at analysis with the Fair value; it is not a record of whether the call was right.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
