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BLBDBlue Bird Corporation
$79.60$2.5B
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BLBD logoBlue Bird Corporation(BLBD)Earnings, Financials & Key Ratios

BLBD•NASDAQ
$79.60
20.5× P/E·Price updated Jul 7, 2026
SectorConsumer CyclicalIndustryAuto ManufacturersSub-IndustryCommercial vehicles and buses
AboutBlue Bird Corporation designs, engineers, manufactures, and sells school buses and related parts in the United States, Canada, and internationally. It operates through two segments, Bus and Parts. The company offers Type C, Type D, and specialty buses; and alternative fuel applications through its propane powered, gasoline powered, compressed natural gas powered, and electric powered school buses. Blue Bird Corporation sells its products through a network of dealers, as well as directly to fleet operators, the United States government, and state governments; and maintains a parts distribution center. Blue Bird Corporation was formerly known as Hennessy Capital Acquisition Corp. The company was founded in 1927 and is headquartered in Macon, Georgia.Show more
  • Revenue$1.48B+9.9%
  • EBITDA$183M+18.6%
  • Net Income$128M+21.0%
  • EPS (Diluted)3.88+22.8%
  • Gross Margin20.51%+7.8%
  • EBITDA Margin12.35%+7.9%
  • Operating Margin11.29%+9.2%
  • Net Margin8.63%+10.1%
  • ROE61.55%-41.8%

BLBD Price & Volume

Blue Bird Corporation (BLBD) stock price & volume — 10-year historical chart

Loading chart...

Cyclical Revenue Volatility Masks Structural Deleveraging Gains

Investment Thesis • Updated 2026Q2

VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Federal subsidy funding cliff

Key Thesis Takeaways

  • Blue Bird Corporation has successfully transitioned to a more resilient capital structure, evidenced by a reduction in the debt-to-equity ratio from 1.80 in 2024Q1 to 0.30 in 2026Q2.
  • While the company demonstrates improved operating leverage with operating income scaling to $50.3M in 2025Q4, future performance remains tethered to the sustainability of federal EPA Clean School Bus subsidies.
  • Investors should monitor the potential for a funding cliff, as current revenue growth remains volatile, oscillating between a 34.8% expansion in 2024Q1 and a 1.7% contraction in 2026Q2.

Verdict Logic

while the company has achieved a robust 1.83 current ratio and significantly reduced leverage, the reliance on federal subsidies and the volatility of cash conversion—evidenced by an operating cash flow to net income ratio of 0.01 in 2024Q1—warrants a cautious approach.

BLBD Growth Metrics

Blue Bird Corporation (BLBD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years4.88%
5 Years10.98%
3 Years22.73%
TTM10.09%

Profit CAGR

10 Years23.94%
5 Years59.99%
3 Years-
TTM22.99%

EPS CAGR

10 Years20.73%
5 Years63.71%
3 Years-
TTM26.01%

Return on Capital

10 Years23.44%
5 Years23.69%
3 Years44.76%
Last Year49.36%

BLBD Recent Earnings

Blue Bird Corporation (BLBD) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
May 6, 2026
Metric
Actual
Est
EPS
$1.00+23.5%
$0.81
Rev
$353M+5.3%
$335M
Q1 2026
Feb 4, 2026
Metric
Actual
Est
EPS
$1.00+25.0%
$0.80
Rev
$333M+1.9%
$327M
Q4 2025
Nov 24, 2025
Metric
Actual
Est
EPS
$1.32+25.7%
$1.05
Rev
$409M+7.6%
$380M
Q3 2025
Aug 6, 2025
Metric
Actual
Est
EPS
$1.19+32.2%
$0.90
Rev
$398M+4.6%
$380M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 6, 2026
$1.00vs $0.81+23.5%
$353Mvs $335M+5.3%
Q1 2026Feb 4, 2026
$1.00vs $0.80+25.0%
$333Mvs $327M+1.9%
Q4 2025Nov 24, 2025
$1.32vs $1.05+25.7%
$409Mvs $380M+7.6%
Q3 2025Aug 6, 2025
$1.19vs $0.90+32.2%
$398Mvs $380M+4.6%
Based on last 12 quarters of dataView full earnings history →

Latest BLBD News

Recent stock market news and headlines for Blue Bird Corporation (BLBD)

Zacks Investment Research·6 days ago
Blue Bird (BLBD) Sees a More Significant Dip Than Broader Market: Some Facts to Know

In the closing of the recent trading day, Blue Bird (BLBD) stood at $77.88, denoting a -1.37% move from the preceding trading day.

Zacks Investment Research·Jun 23, 2026
Why Blue Bird (BLBD) Dipped More Than Broader Market Today

Blue Bird (BLBD) closed at $73.72 in the latest trading session, marking a -2.88% move from the prior day.

Zacks Investment Research·Jun 18, 2026
Bear of the Day: Blue Bird (BLBD)

I get it. The new world order is supposed to have electric cars and busses eliminating our dependence on oil, solar and clean nuclear is supposed to dominate, and we are all going to have some sort of energy epiphany. The reality of the situation is that, we are not criminals for following the current protocol and the transition will inevitably take much longer than originally expected.

Zacks Investment Research·Jun 15, 2026
Blue Bird (BLBD) Laps the Stock Market: Here's Why

Blue Bird (BLBD) closed at $72.86 in the latest trading session, marking a +1.85% move from the prior day.

Peers Comparison

Key metrics vs top competitors for Blue Bird Corporation (BLBD)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BLBD logoBLBDBlue Bird CorporationCurrent
$79.60$2.52B20.529.87%8.63%61.55%—
THO logoTHOThor Industries, Inc.
$75.50$3.93B15.60-4.62%2.66%6.06%—
WNC logoWNCWabash National Corporation
$12.29$499.88M2.42-20.75%-4.41%-17.27%—
DORM logoDORMDorman Products, Inc.
$139.64$4.17B21.036.03%8.84%13.06%—
PCAR logoPCARPACCAR Inc
$124.46$65.5B27.60-15.5%9.09%17.2%—
CMI logoCMICummins Inc.
$660.14$91.21B32.20-1.27%7.89%20.27%—

Compare BLBD vs Peers

Blue Bird Corporation (BLBD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs THO

Most directly comparable listed peer for BLBD.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare BLBD against a more recognizable public peer.

Peer Set

Compare Top 5

vs THO, WNC, DORM, PCAR

BLBD SEC Filings & Documents

Blue Bird Corporation (BLBD) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Apr 2, 2026·SEC

Material company update

Mar 11, 2026·SEC

10-K Annual Reports

3
FY 2025

Nov 24, 2025·SEC

FY 2024

Nov 25, 2024·SEC

FY 2023

Dec 11, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2026

Feb 4, 2026·SEC

FY 2025

Aug 6, 2025·SEC

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BLBD Frequently Asked Questions

Blue Bird Corporation (BLBD) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Blue Bird Corporation's revenue?

Blue Bird Corporation (BLBD) reported $1.49B in revenue for fiscal year 2025. This represents a 150% increase from $598.3M in 2012.

How fast is Blue Bird Corporation growing?

Blue Bird Corporation (BLBD) grew revenue by 9.9% over the past year. This is steady growth.

Is BLBD profitable?

Yes, Blue Bird Corporation (BLBD) is profitable, generating $133.0M in net income for fiscal year 2025 (8.6% net margin).

Dividend & Returns
What is BLBD's return on equity?

Blue Bird Corporation (BLBD) has a return on equity (ROE) of 61.6%. This is excellent, indicating efficient use of shareholder capital.

What is Blue Bird Corporation's free cash flow?

Blue Bird Corporation (BLBD) generated $183.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in BLBD back in 2012?

Total return calculator · dividends reinvested · 14+ years of data

See returns →