Financial Performance - Net sales for Q1 2025 were $3.7 billion, a 6.0% decrease from $3.9 billion in Q1 2024, with core organic sales down 8.1% due to declines in multi-family and single-family segments [75]. - Gross margin decreased to 30.5% in Q1 2025 from 33.4% in Q1 2024, primarily driven by margin normalization in single-family and multi-family segments [78]. - The company reported a net income of 2.7% in Q1 2025, down from 6.7% in Q1 2024 [73]. - Cash provided by operating activities decreased to $132.3 million for Q1 2025, down from $317.2 million in Q1 2024, primarily due to lower net income [88]. Expenses and Costs - Selling, general and administrative expenses increased to 25.4% of net sales in Q1 2025, up from 23.8% in Q1 2024, due to reduced operating leverage [80]. - Interest expense rose to $64.9 million in Q1 2025, an increase of $16.6 million from Q1 2024, attributed to higher average debt balances [80]. - A 1.0% increase in interest rates on the Revolving Facility would result in approximately $7.8 million additional interest expense annually based on $775.0 million in outstanding borrowings as of March 31, 2025 [95]. Acquisitions and Investments - The company completed acquisitions of Alpine Lumber and Cluss Lumber for approximately $828.0 million, expanding its market footprint and value-added product categories [67]. - Cash used in investing activities increased by $761.0 million in Q1 2025, mainly due to an additional $766.1 million spent on acquisitions [89]. Liquidity and Borrowing - As of March 31, 2025, the company had $944.3 million in net excess borrowing availability under its Revolving Facility [84]. - The company’s liquidity at March 31, 2025, was $1.1 billion, consisting of net borrowing availability and cash on hand [85]. - Cash provided by financing activities was $741.5 million in Q1 2025, compared to $465.2 million in Q1 2024, driven by $775.0 million net borrowings on the Revolving Facility [90]. Market Conditions - Actual U.S. total housing starts were 0.3 million in Q1 2025, a decrease of 1.6% compared to Q1 2024, with single-family starts down 5.7% [70]. - The company anticipates a long-term positive outlook for the housing industry despite near-term pressures from macroeconomic uncertainties [71]. - The company may face adverse impacts on operating results due to delays in passing on material price increases to customers, particularly for lumber products [96].

Builders FirstSource, Inc. (BLDR) has reported mixed results for the first quarter of 2025, with earnings surpassing the Zacks Consensus Estimate but net sales missing the same.Both metrics declined year over year, owing to lower core organic sales and commodity deflation, partially offset by growth from acquisitions. Margins also declined due to ongoing Single-Family and Multi-Family margin normalization.Shares of this manufacturer and supplier of building materials moved down 3.9% in today’s pre-market tr ...

Builders FirstSource (BLDR) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $2.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.67%. A quarter ago, it was expected that this construction supply company would post earnings of $2.24 per share when it actually produced earnings of $2.31, delivering a surprise of 3.13%.Over the last four ...

Builders FirstSource (BLDR) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Company Participants Heather Kos - SVP, Investor RelationsPeter Jackson - President & CEOPete Beckmann - CFOMike Dahl - Managing Director - Equity ResearchJohn Lovallo - Managing Director, Corporate Affairs & FinancialKeith Hughes - Managing DirectorTrey Grooms - Managing DirectorPhilip Ng - Managing DirectorCollin Verron - DirectorKetan Mamtora - Director - Building Products Equity ResearchAdam Baumgarten - Managing DirectorJeffrey ...

Builders FirstSource (BLDR) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Speaker0 I'd now like to turn the call over to Heather Kos, Senior Vice President, Investor Relations for Builders FirstSource. Please go ahead. Speaker1 Good morning, and welcome to our first quarter twenty twenty five earnings call. With me on the call are Peter Jackson, our CEO and Pete Beckman, our CFO. The earnings press release and presentation are available on our website at investors.bldr.com. We will refer to the presentatio ...

Q1 2025 Earnings Presentation PETER JACKSON, CEO PETE BECKMANN, CFO MAY 1, 2025 2 Organic Growth with a Focus on Value-Added Products and Services Drive Operational Excellence & Invest in Digital and Innovation Continue to Build Our High- Performing Culture Disciplined Capital Allocation Clear Strategic Pillars Driving Long-Term Profitable Growth Footnote Safe Harbor & Non-GAAP Financial Measures Cautionary Notice Statements in this presentation and the schedules hereto that are not purely historical facts ...

May 1, 2025 (Irving, TX) – Builders FirstSource, Inc. (NYSE: BLDR) today reported its results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights All Year-Over-Year Comparisons Unless Otherwise Noted: "Given the current environment, I'm proud of our resilient results in the first quarter. These results reflect the strength of our differentiated product portfolio and our focus on operational excellence. While macro and industry dynamics continue to be unsettled, we remain confident in o ...

Entering trading on Monday, the S&P 500 has declined around 6% since the start of the year. And that's after recovering recently -- it was down much more than that in early April when global tariffs were first announced. But make no mistake, the risk isn't gone, and while a full-blown crash has taken a pause lately, that doesn't mean more of a sell-off isn't coming.The good news, however, is that if you're a long-term investor, a crash in the markets can open up some great buying opportunities. Three stocks ...

Builders FirstSource, Inc. (BLDR) is slated to report first-quarter 2025 results on May 1, before market open.In the last reported quarter, the company’s adjusted earnings per share (EPS) surpassed the Zacks Consensus Estimate, but net sales missed the same. On a year-over-year basis, both the top and bottom lines tumbled 8% and 34.9%, respectively.BLDR’s earnings topped the consensus mark in three of the trailing four quarters and missed on the remaining occasion, with the average surprise being 5.9%.Trend ...

The latest trading session saw Builders FirstSource (BLDR) ending at $120.90, denoting a +0.8% adjustment from its last day's close. This change lagged the S&P 500's 1.81% gain on the day. Elsewhere, the Dow gained 1.56%, while the tech-heavy Nasdaq added 2.06%.The construction supply company's shares have seen a decrease of 2.33% over the last month, surpassing the Retail-Wholesale sector's loss of 5.27% and the S&P 500's loss of 6.14%.The investment community will be closely monitoring the performance of ...