The earnings call reflects a company managing well through a challenging market environment, with strong EBITDA performance, significant investments in growth and digital sales, and successful M&A activity. However, these positives are tempered by declines in net sales, weakness in the multifamily segment, and external challenges such as severe weather and wildfires affecting sales.

Company Guidance

During the Builders FirstSource Fourth Quarter 2024 and Full Year Earnings Conference Call, the company provided guidance for 2025, highlighting several key metrics and strategic initiatives. The company expects net sales to range between $16.5 billion and $17.5 billion, with an adjusted EBITDA between $1.9 billion and $2.3 billion and an adjusted EBITDA margin of 11.5% to 13%. The gross margin for 2025 is projected to be between 30% and 32%. Builders FirstSource plans to achieve $600 million to $1 billion in free cash flow, with a focus on maintaining operational flexibility and managing expenses. The company anticipates a flat single-family market and continued weakness in multifamily, which will present headwinds. Despite these challenges, Builders FirstSource is optimistic about generating $200 million in incremental sales from its digital platform, supporting value-added solutions, and leveraging its strong operational platform. Additionally, the company continues to pursue M&A opportunities, having completed acquisitions with aggregate prior-year sales of roughly $420 million in 2024, and expects to see growth from these acquisitions in the future.

Strong EBITDA and Gross Margin Performance

Achieved a mid-teens adjusted EBITDA margin and nearly 33% gross margin in 2024, demonstrating resilience and operational excellence.

Significant Investment in Growth

Invested over $75 million in value-added facilities in 2024, including opening two new truss manufacturing facilities and upgrading nineteen truss facilities.

Digital Sales Growth

Achieved $134 million in incremental digital sales in 2024, with expectations for an additional $200 million in 2025.

Successful M&A Activity

Completed thirteen acquisitions in 2024 with aggregate prior year sales of $420 million, expanding footprint and enhancing value-added offerings.

Commitment to Shareholder Returns

Executed opportunistic share repurchases of approximately $1.5 billion, removing roughly 7% of shares outstanding in 2024.

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Builders Firstsource (BLDR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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BLDR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 01, 2025	2025 (Q1)	1.63 / -	2.65	―	―	―
Feb 20, 2025	2024 (Q4)	2.11 / 2.31	3.55	-34.93% (-1.24)
Nov 05, 2024	2024 (Q3)	2.96 / 3.07	4.24	-27.59% (-1.17)
Aug 06, 2024	2024 (Q2)	3.02 / 3.50	3.89	-10.03% (-0.39)
May 07, 2024	2024 (Q1)	2.30 / 2.65	2.96	-10.47% (-0.31)
Feb 22, 2024	2023 (Q4)	2.56 / 3.55	3.21	10.59% (+0.34)
Nov 01, 2023	2023 (Q3)	3.88 / 4.24	5.2	-18.46% (-0.96)
Aug 02, 2023	2023 (Q2)	2.56 / 3.89	6.26	-37.86% (-2.37)
May 03, 2023	2023 (Q1)	1.53 / 2.96	3.9	-24.10% (-0.94)
Feb 28, 2023	2022 (Q4)	2.36 / 3.21	2.78	15.47% (+0.43)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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BLDR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 20, 2025	$144.79	$144.39	-0.28%
Nov 05, 2024	$172.43	$180.99	+4.96%
Aug 06, 2024	$149.65	$155.73	+4.06%
May 07, 2024	$200.88	$162.62	-19.05%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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