Welcome to our dedicated page for Builders Firstsource news (Ticker: BLDR), a resource for investors and traders seeking the latest updates and insights on Builders Firstsource stock.
Builders FirstSource, Inc. (NYSE: BLDR) is a U.S. supplier of building products, prefabricated components, and value-added services for professional residential construction and repair and remodeling. This news page aggregates company announcements, earnings releases, capital markets updates, and strategic transaction news related to BLDR.
Investors and industry followers can use this feed to review Builders FirstSource’s quarterly financial results, including discussions of net sales, gross profit, net income, Adjusted EBITDA, and free cash flow. Management commentary often addresses trends in single-family, multi-family, and repair-and-remodel activity within the company’s geographies, as well as the impact of commodity prices, core organic net sales, and acquisitions.
News items also cover corporate actions such as senior notes offerings, amendments to credit facilities, and share repurchase activity, along with updates on liquidity, leverage, and productivity savings from operational excellence and supply chain initiatives. Strategic developments, including acquisitions in areas like turnkey millwork solutions and the company’s dual listing on NYSE Texas, appear in this stream as well.
In addition, readers can find updates on leadership and organizational changes, such as appointments in technology and digital solutions that relate to the company’s focus on digital products and construction innovations. For anyone tracking the homebuilding supply chain, this page offers a centralized view of Builders FirstSource’s public disclosures and business developments over time.
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.
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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.
Builders FirstSource (NYSE: BLDR) has announced its upcoming fourth quarter and full year 2024 financial results conference call and webcast, scheduled for Thursday, February 20, 2025. The teleconference will begin at 8:00 a.m. Central Time, led by President and CEO Peter Jackson and CFO Pete Beckmann.
Participants can join the call by dialing 800-445-7795 (U.S. and Canada) or 785-424-1699 (international) using Conference ID: BLDRQ424. A replay will be available from 12:00 p.m. Central Time through February 27, 2025, accessible at 800-753-5575 (U.S. and Canada) or 402-220-0683 (international). 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) has announced a definitive agreement to acquire Alpine Lumber Company, a Colorado-based employee-owned business with 21 locations serving Colorado and northern New Mexico. Alpine, founded in 1963, reported trailing twelve-month sales of approximately $500 million as of November 2024.
The acquisition, expected to close in early Q1 2025, will be funded through existing cash and credit facilities. The deal is anticipated to be accretive to BLDR's adjusted earnings per share in 2025. Alpine's CEO Hamid Taha will remain during the transition period to ensure successful business integration.
This strategic acquisition expands BLDR's geographic presence in the West Division and aligns with their capital deployment strategy for high-growth investments.