Record-Breaking Revenue
Total revenues reached a record $260.5 million, up 9.3% year-over-year, driven by strong organic growth in both single-family residential and multifamily commercial businesses.
Strong Backlog Growth
The backlog increased to a record $1.3 billion, up over 20% year-over-year, providing strong visibility through 2026 and 2027.
Shareholder Returns
Repurchased $30 million in shares and paid $7 million in dividends during the quarter, with an expanded share repurchase program authorization to $150 million.
Financial Flexibility
Total liquidity of approximately $550 million, with a net debt to LTM adjusted EBITDA ratio of negative 0.04x, providing financial flexibility for growth.
Geographic and Product Expansion
Geographic expansion and introduction of new product lines, including a new showroom in California and a new light aluminum legacy line, are expected to drive future growth.