Builders FirstSource, Inc. (BLDR)

NYSE: BLDR · USD

$55.7

-0.98 (-1.7%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-10-17

Our latest published analysis: BLDR rated Strong Buy

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.

Fair value

$73.8 / share

Potential value

$96.4 / share

Upside to FV

+35.0%

from $55.7

Moat

7.2/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

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

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 14.4B
Net income (ttm): 102.6M
EPS (ttm): $0.93
P/E (trailing): 60.0x
P/E (forward): 13.9x
Market cap: $5.9B

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%

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Base and Bull scenarios

Base50%

Price target

$73.75

+34.9% from spot

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.

Revenue path of $14.35B (FY2026), $14.87B (FY2027), and $17.14B (FY2030)
Operating margin scales from 5.15% in FY2026 to 6.20% in FY2027 and reaches 7.80% by FY2030
Net reinvestment rate normalizes between 18% and 22% of NOPAT
WACC of 8.0210% and terminal multiple of 13.5x

Bull25%

Price target

$96.41

+76.4% from spot

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.

Single-family housing starts rebound at an accelerating annual pace starting in FY2027 as mortgage rates ease
Operating margin expands toward prior peak levels by FY2029 driven by manufactured component mix
Annual free cash flow expands significantly, allowing substantial annual share repurchases
Terminal valuation multiple re-rates upward reflecting prefabrication mix expansion

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($73.75). Each row and column shows what Fair value becomes when one assumption moves.

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

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E14

P25 n/aP50 n/aP75 n/a

Trailing P/E59.4

P25 n/aP50 n/aP75 n/a

ROE2.5

P25 n/aP50 n/aP75 n/a

ROIC3.3

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All BLDR indicators

Market & fundamental data

Available fields

264

Groups with data

Currency

USD

Showing 264 of 264 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001316835
Company name	Builders FirstSource, Inc.
Country	United States
Country code	US
CUSIP number	12008R107
Earnings date	2026-10-29
Earnings time	bmo
Employees	28,000
Employees change	-1,000
Employees growth	-3.45%
Enterprise value	$11.2B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1998
Industry	Building Products & Equipment
IPO date	2005-06-22
Is primary listing	Yes
Is SPAC	No
ISIN number	US12008R1077
Last 10-K release date	2026-02-17
Last earnings date	2026-07-30
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$6B
Market cap category	Mid-Cap
Next earnings date	2026-10-29
Options	Yes
Price	$55.72
Price currency	USD
Sector	Industrials
SIC code	5211
Stock price date	2026-10-28
Symbol	BLDR
U.S. state	Texas
Website	https://www.bldr.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	12.55x
Average P/E ratio (10Y)	16.82x
Average P/E ratio (3Y)	24.37x
Average P/E ratio (5Y)	16.97x
Earnings yield	1.67%
EV/Earnings	108.84x
EV/EBIT	25.63x
EV/EBITDA	10.92x
EV/FCF	17.46x
EV/Sales	0.77x
FCF / EV yield	5.73%
FCF yield	10.67%
Forward EV/Sales	0.78x
Forward P/E	17.95x
Forward P/S	0.42x
Graham number	27.89356
Graham upside	-49.89%
Industry forward P/E	21.51x
Industry P/E	36.63x
Lynch fair value	$4.64
Lynch upside	-91.66%
P/(FCF - SBC) ratio	10.06x
P/(OCF - SBC) ratio	7.01x
P/B ratio	1.52x
P/E ratio	59.98x
P/FCF ratio	9.37x
P/OCF ratio	6.67x
P/S ratio	0.41x
Price/EBITDA ratio	5.86x
Sector forward P/E	25.9x
Sector P/E	39.85x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	3.01%
EBITDA margin	7.08%
Effective tax rate	30.74%
FCF margin	4.42%
Gross margin	29.19%
Operating margin	3.01%
Pretax margin	1.02%
Profit margin	0.71%
Profit per employee	$3,663
Profitable years	10
Revenue per employee	$516,025
ROA	2.39%
ROA (5Y)	13.83%
ROCE	4.58%
ROE	2.51%
ROE (5Y)	36%
ROIC	3.28%
ROIC (5Y)	22.33%
SBC / revenue	0.3%
Tax / revenue	0.31%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-85.96%
EPS growth 3Y	-58.58%
EPS growth 5Y	-29.87%
EPS growth years	0
FCF growth	-46.22%
FCF growth (Q)	-88.12%
FCF growth (QoQ)	-26.36%
FCF growth 3Y	-40.7%
Gross profit growth	-16.24%
Gross profit growth (Q)	-16.34%
Gross profit growth 3Y	-13.28%
Gross profit growth 5Y	1.62%
Net income growth	-86.44%
Net income growth 3Y	-61.95%
Net income growth 5Y	-35.17%
Net income growth years	0
OCF growth	-43.05%
OCF growth (Q)	-80.05%
OCF growth (QoQ)	-22.22%
OCF growth 10Y	21.54%
OCF growth 3Y	-36.56%
Operating income growth	-64.53%
Operating income growth (Q)	-58.72%
Operating income growth 3Y	-44.77%
Operating income growth 5Y	-19.7%
Revenue growth	-9.38%
Revenue growth (Q)	-8.77%
Revenue growth (QoQ)	17.51%
Revenue growth 10Y	9.55%
Revenue growth 3Y	-7.96%
Revenue growth 5Y	-0.18%
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-258.7M
Depreciation and amortization	$586.9M
EBIT	$435.6M
EBITDA	$1B
EPS	$0.93
FCF per share	$5.94
Financing cash flow	$-404.6M
Free cash flow	$639.3M
Free cash flow minus SBC	$595.4M
Gross profit	$4.2B
Income taxes	$45.5M
Investing cash flow	$-514.8M
Net borrowing	$-77.6M
Net cash flow	$-21.4M
Net income	$102.6M
Operating cash flow minus SBC	$854M
Operating income	$435.6M
Revenue	$14.4B
Stock-based compensation	$44M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	2.53
Book value per share	$37.22
Debt / EBITDA	4.29
Debt / equity	1.31
Debt / FCF	8.19
Goodwill	$4.1B
Interest coverage	1.51
Long-term assets	$8.1B
Long-term liabilities	$5.5B
Net cash (debt)	$-5.2B
Net cash / market cap	-86.36%
Net debt / EBITDA	5.06
Net debt / equity	1.29
Net debt / FCF	8.09
Piotroski F-Score	5
Property, plant and equipment	$2.7B
Shareholders' equity	$4B
Tangible book value	$-1.2B
Tangible book value per share	$-11.09
Total assets	$11.3B
Total cash	$65.7M
Total debt	$5.2B
Total liabilities	$7.3B
WACC	8.29%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	1.27
Current assets	$3.2B
Current liabilities	$1.8B
Current ratio	1.79
Inventory turnover	7.93
Net working capital	$1.5B
Quick ratio	1.01
Working capital	$1.4B
Working capital turnover	10.02

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	4.11%
Dividend yield	0%
Shareholder yield	4.11%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	472.46%
10Y return CAGR	19.07%
10Y total return	472.46%
150-day SMA	$71.75
15Y price change	2,960.44%
15Y return CAGR	25.62%
15Y total return	2,960.44%
1D price change	-1.73%
1M price change	-5.86%
1M total return	-5.86%
1W price change	3.3%
1W total return	3.3%
1Y price change	-54.79%
1Y return CAGR	-54.81%
1Y total return	-54.79%
20-day SMA	$54.59
200-day SMA	$80.82
20Y price change	258.89%
20Y return CAGR	7.07%
20Y total return	291.71%
3M price change	-23.4%
3M total return	-23.4%
3Y price change	-47.58%
3Y return CAGR	-19.37%
3Y total return	-47.58%
50-day SMA	$59.56
50-day SMA vs 200-day SMA	50under200
52-week high	$131.50
52-week high date	2026-01-16
52-week low	$49.67
52-week low date	2026-10-14
5Y price change	-2.35%
5Y return CAGR	-0.47%
5Y total return	-2.35%
6M price change	-38.03%
6M total return	-38.03%
All-time high	$214.70
All-time high date	2024-03-21
All-time low	$0.82
All-time low date	2008-11-21
Average true range (ATR)	$2.35
Average volume	2.4M
Beta (1Y)	1.41
Beta (2Y)	1.1
Beta (5Y)	1.45
Change from 52-week high	-57.63%
Change from 52-week low	12.19%
Change from all-time high	-74.06%
Change from all-time low	6,692.68%
Change from open	-1.87%
Day's gap	0.14%
Dollar volume	$118.1M
High price	$57.44
Low price	$55.26
Monthly RSI	34.64
Open price	$56.78
Position in 52-week range	21.1%
Premarket change	0.62%
Premarket close	$56.70
Premarket price	$57.05
Previous close	$56.70
Price vs 150-day SMA	-22.37%
Price vs 20-day SMA	2.04%
Price vs 200-day SMA	-31.08%
Price vs 50-day SMA	-6.48%
Relative volume	0.89
RSI	47.75
Sharpe ratio	-1.41
Sharpe ratio (3Y)	-0.34
Sharpe ratio (5Y)	0.13
Sortino ratio	-1.97
Sortino ratio (3Y)	-0.38
Sortino ratio (5Y)	0.31
Volume	2.1M
Weekly RSI	34.85
YTD price change	-45.86%
YTD total return	-45.86%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	104.5M
Float percentage	97.11%
Shares change (QoQ)	-2.1%
Shares change (YoY)	-4.11%
Shares held by insiders	2.83%
Shares held by institutions	105.94%
Shares outstanding	107.6M
Short % of float	13.51%
Short % of shares	13.12%
Short ratio	2.5 days

Deeper analysis on BLDR

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this BLDR report

What is the latest published BLDR stock rating?

Builders FirstSource, Inc. is shown with Strong Buy in the latest published report, analyzed 2026-10-17. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full BLDR analysis?

The full latest published report, analyzed 2026-10-17, lives at /stocks/BLDR/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for BLDR?

The latest published report analyzed 2026-10-17 gives BLDR a fair value of USD 74 and a potential value of USD 96. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the BLDR page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-10-17). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

Strong BuyBLDR · Fair value $73.8+35.0%

Read full analysis →

Builders FirstSource, Inc. (BLDR)

Our latest published analysis: BLDR rated Strong Buy

Price

Financial snapshot

Fair-value bridge

Latest news · BLDR

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All BLDR indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on BLDR

Frequently asked questions

レーティング履歴

Category	Score	Reading
Valuation	8.5
Management	8.5
Balance Sheet	6.0
Profitability	3.5
Revenue Growth	2.5
Risk Assessment	6.0
Competitive Moat	7.2
Earnings Quality	6.0
Capital Efficiency	2.5