Builders Firstsource Inc Stock Price, News & Analysis

Eagle Materials Inc. (NYSE: EXP) has appointed David Rush, former CEO of Builders FirstSource (NYSE: BLDR), to its Board of Directors. Rush brings nearly 30 years of experience from Builders FirstSource, where he served in various senior executive roles, including executive vice president of the Strategic Management Office. His expertise spans long-term strategy development, business integration, and operational finance.

Eagle Materials, headquartered in Dallas, Texas, is a leading U.S. manufacturer of heavy construction products and light building materials, primarily Portland Cement and Gypsum Wallboard. The company operates through more than 70 facilities across 21 states, serving the infrastructure and construction sectors.

Builders FirstSource (NYSE: BLDR) has successfully priced an offering of $750 million in unsecured Senior Notes due 2035 with a 6.750% interest rate. This represents a $250 million increase from the previously announced offering size. The notes will be priced at 100.000% of principal amount, with closing expected on May 8, 2025.

The company plans to use the net proceeds to repay outstanding debt under its senior secured ABL facility. The notes will be offered exclusively to qualified institutional buyers and non-U.S. persons outside the United States. Builders FirstSource, headquartered in Irving, Texas, is the largest U.S. supplier of building products for new residential construction and remodeling, operating in 43 states with approximately 595 locations.

Builders FirstSource (NYSE: BLDR), the largest U.S. supplier of building products for residential construction, has announced a $500 million offering of unsecured Senior Notes due 2035. The company plans to use the proceeds to repay existing debt under its ABL Facility. The Notes will be offered exclusively to qualified institutional buyers and non-U.S. persons outside the United States.

Based in Irving, Texas, Builders FirstSource operates in 43 states with approximately 595 locations, serving 92 of the top 100 MSAs. The company provides integrated homebuilding solutions, including manufacturing, supply, delivery, and installation of structural and related building products.

Builders FirstSource, the largest U.S. supplier of building products, has released its 2025 Corporate Social Responsibility report. The company achieved notable milestones in safety with a 1.39 total recordable incident rate, marking a 10% year-over-year reduction. Over 60% of facilities remained accident-free in 2024.

Key highlights include approximately 20 hours of average training per team member and over $5 million in charitable giving. Environmental achievements showcase that 89% of wood sourcing comes from certified sustainable vendors, with over 7.5 million trees saved since 2019 through efficient manufactured products.

Operating in 43 states with 595 locations, Builders FirstSource maintains a strong presence in 48 of the top 50 MSAs. The company provides integrated homebuilding solutions, including manufacturing, supply, delivery, and installation of structural and related building products.

Builders FirstSource (NYSE: BLDR) has announced it will host a conference call and webcast to discuss its first quarter 2025 financial results on Thursday, May 1, 2025. The teleconference will begin at 8:00 a.m. Central Time, led by Peter Jackson, President and CEO, and Pete Beckmann, CFO.

Participants can join via phone at 800-445-7795 (U.S./Canada) or 785-424-1699 (International) using Conference ID: BLDRQ125. A replay will be available from 12:00 p.m. Central Time through May 8, 2025. The webcast can be accessed on the company's investor relations website at investors.bldr.com, where it will remain available for approximately 90 days.

Builders FirstSource (NYSE: BLDR) reported its Q4 and full-year 2024 results, highlighting an 8.0% decrease in Q4 net sales to $3.8 billion, driven by lower core organic sales and commodity deflation. Gross margin dropped 300 basis points to 32.3%, and net income fell to $190.2 million, with diluted EPS of $1.65. Adjusted EBITDA decreased by 28.0% to $493.6 million.

For the full year, net sales were $16.4 billion, a 4.1% decrease. Gross profit was $5.4 billion, down 10.5%, with a gross margin of 32.8%. Net income was $1.1 billion, or $9.06 per diluted share, a 30.0% decrease. Adjusted EBITDA decreased by 19.6% to $2.3 billion.

The company repurchased 8.9 million shares in 2024, reducing outstanding shares by 6.8%. Free cash flow was $1.5 billion, down $0.4 billion. Liquidity stood at $1.8 billion. For 2025, BLDR expects net sales of $16.5-$17.5 billion, a gross margin of 30%-32%, and adjusted EBITDA of $1.9-$2.3 billion.

CEO Peter Jackson emphasized resilience and future growth through value-added solutions and acquisitions. CFO Pete Beckmann highlighted strong free cash flow and balanced capital allocation.

Builders FirstSource (NYSE: BLDR) has appointed two new members to its Board of Directors, effective March 1, 2025. Cheryl Ainoa, Former EVP and CTO for Walmart Global Technology, and Maria Renz, VP and General Manager for Google, will join the board, bringing extensive expertise in e-commerce, technology, and digital innovation.

Ainoa previously served as CTO for Sam's Club and held senior roles at D2L, Intuit, and Yahoo!. She brings experience in software development, engineering, and emerging technologies. Renz, currently at Google, previously led Commerce operations and spent 20 years at Amazon, where she was the first woman Technical Advisor to the CEO.

The appointments align with BLDR's strategy to enhance its digital tools and innovation capabilities. The company operates in 43 states with approximately 590 locations, serving as the largest U.S. supplier of building products to the professional market segment.