Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Builders FirstSource

BLDR stock analysis · Industrials · Building Products

FY 2025-12-31ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$89.48HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$9.6B

Price × SEC outstanding shares. Shares measured 2026-06-30. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

$120.45

Equity cash-flow scenario · SEC outstanding shares at 2026-06-30 · 34.6% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

-1.9%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

17.1%

6 industry peers · median 25.9×

How this is calculated ↗
Valuation

Historical multiples

10.5×

4 annual observations · snapshot P/E 22.1× · 109.8% versus history

How this is calculated ↗
Valuation

Free cash flow yield

8.9%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

7.5%

Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation) · short-term borrowing coverage incomplete

How this is calculated ↗
Valuation

Value composite

89/100

Annual basis · read assumptions below

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

6.2%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

Requires reported dividends, repurchases and issuance; missing values are not zero.

Requires reported dividends, repurchases and issuance; missing values are not zero.

How this is calculated ↗
Quality

Accrual quality

-7.2%

Parent-earnings fallback versus consolidated cash flow · scope limitation

How this is calculated ↗
Momentum

Fundamental momentum

-5.1%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 3.6B2020-12-31: cfo $260,067,000.002020-12-31: capex $112,082,000.0020202021-12-31: cfo $1,743,549,000.002021-12-31: capex $227,891,000.0020212022-12-31: cfo $3,599,231,000.002022-12-31: capex $340,152,000.0020222023-12-31: cfo $2,306,872,000.002023-12-31: capex $476,335,000.0020232024-12-31: cfo $1,872,692,000.002024-12-31: capex $380,569,000.0020242025-12-31: cfo $1,215,886,000.002025-12-31: capex $362,602,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$151.08$164.85$179.65
10.0%$110.71$120.45$130.91
12.0%$87.34$94.78$102.75

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-3115.2B435.2M1.2B362.6M11.2B
2024-12-3116.4B1.1B1.9B380.6M10.6B
2023-12-3117.1B1.5B2.3B476.3M10.5B
2022-12-3122.7B2.7B3.6B340.2M10.6B
2021-12-3119.9B1.7B1.7B227.9M10.7B
2020-12-318.6B313.5M260.1M112.1M4.2B
2019-12-317.3B221.8M504M112.9M3.2B
2018-12-317.7B205.2M282.8M101.4M2.9B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue15.2BRevenueFromContractWithCustomerExcludingAssessedTax2026-02-17
netIncome435.2MNetIncomeLoss
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-02-17
Parent/common earnings proxy435.2MNetIncomeLoss2026-02-17
cfo1.2BNetCashProvidedByUsedInOperatingActivities2026-02-17
capex362.6MPaymentsToAcquirePropertyPlantAndEquipment2026-02-17
operatingIncome786.3MOperatingIncomeLoss2026-02-17
assets11.2BAssets2026-02-17
equity4.4BStockholdersEquity
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-02-17
Parent book equity proxy4.4BStockholdersEquity2026-02-17
debt4.5BLongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities2026-02-17
shortDebtNot reported under a supported tag
cash181.8MCashAndCashEquivalentsAtCarryingValue2026-02-17
shares111.8MWeightedAverageNumberOfDilutedSharesOutstanding2026-02-17
dividendsNot reported under a supported tag
buybacks414MPaymentsForRepurchaseOfCommonStock2026-02-17
issuanceNot reported under a supported tag