Latest Ratios: P/E Ratio 20.2x · EV/EBITDA 10.3x · ROE 10.1%. (2001–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $8.7B | $11.5B | $17.0B | $21.5B | $10.6B | $17.4B | $4.8B | $3.0B | $1.3B | $2.5B | $1.2B |
| Enterprise Value | $14.1B | $17.0B | $21.2B | $25.2B | $14.0B | $20.8B | $6.3B | $4.5B | $2.8B | $4.2B | $3.0B |
| P/E Ratio → | 20.16 | 26.45 | 15.78 | 13.98 | 3.86 | 10.11 | 15.34 | 13.37 | 6.20 | 64.09 | 8.64 |
| P/S Ratio | 0.57 | 0.76 | 1.04 | 1.26 | 0.47 | 0.88 | 0.56 | 0.41 | 0.16 | 0.36 | 0.20 |
| P/B Ratio | 2.01 | 2.64 | 3.96 | 4.55 | 2.14 | 3.63 | 4.17 | 3.60 | 2.13 | 6.70 | 4.02 |
| P/FCF | 10.17 | 13.48 | 11.40 | 11.76 | 3.25 | 11.51 | 32.52 | 7.60 | 7.01 | 21.69 | 10.78 |
| P/OCF | 7.13 | 9.46 | 9.08 | 9.34 | 2.95 | 10.00 | 18.50 | 5.90 | 4.50 | 14.11 | 7.87 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.12 | 1.29 | 1.47 | 0.62 | 1.05 | 0.74 | 0.62 | 0.37 | 0.60 | 0.48 |
| EV / EBITDA | 10.26 | 12.32 | 13.28 | 9.21 | 3.28 | 7.09 | 9.53 | 9.24 | 6.05 | 11.23 | 8.76 |
| EV / EBIT | 17.98 | 21.58 | 13.28 | 11.57 | 3.72 | 8.71 | 11.57 | 11.60 | 7.58 | 14.89 | 12.84 |
| EV / FCF | — | 19.89 | 14.20 | 13.76 | 4.30 | 13.72 | 42.53 | 11.63 | 15.56 | 36.56 | 26.25 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.0% | 29.0% | 32.8% | 35.2% | 34.1% | 29.4% | 26.0% | 27.2% | 24.9% | 24.6% | 25.1% |
| Operating Margin | 5.2% | 5.2% | 9.7% | 12.7% | 16.6% | 12.0% | 6.4% | 5.4% | 4.8% | 4.1% | 3.7% |
| Net Profit Margin | 2.9% | 2.9% | 6.6% | 9.0% | 12.1% | 8.7% | 3.7% | 3.0% | 2.7% | 0.6% | 2.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.1% | 10.1% | 23.9% | 31.8% | 56.3% | 57.9% | 31.7% | 31.2% | 42.2% | 11.3% | 62.9% |
| ROA | 4.0% | 4.0% | 10.2% | 14.6% | 25.8% | 23.2% | 8.4% | 7.2% | 6.9% | 1.3% | 5.0% |
| ROIC | 6.4% | 6.4% | 14.2% | 19.5% | 34.2% | 33.2% | 16.2% | 12.9% | 13.0% | 10.2% | 8.6% |
| ROCE | 8.5% | 8.5% | 18.3% | 25.0% | 43.5% | 40.9% | 19.7% | 16.9% | 16.7% | 13.1% | 11.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.30 | 1.30 | 1.01 | 0.78 | 0.70 | 0.71 | 1.65 | 1.93 | 2.62 | 4.74 | 5.82 |
| Debt / EBITDA | 4.10 | 4.10 | 2.72 | 1.36 | 0.82 | 1.16 | 2.88 | 3.23 | 3.34 | 4.72 | 5.21 |
| Net Debt / Equity | — | 1.26 | 0.97 | 0.77 | 0.69 | 0.70 | 1.28 | 1.91 | 2.60 | 4.59 | 5.77 |
| Net Debt / EBITDA | 3.97 | 3.97 | 2.62 | 1.33 | 0.80 | 1.14 | 2.24 | 3.20 | 3.32 | 4.57 | 5.16 |
| Debt / FCF | — | 6.41 | 2.80 | 1.99 | 1.05 | 2.22 | 10.01 | 4.03 | 8.55 | 14.87 | 15.47 |
| Interest Coverage | 2.87 | 2.87 | 7.68 | 11.33 | 22.05 | 18.54 | 4.01 | 3.58 | 3.44 | 1.48 | 1.10 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.86 | 1.86 | 1.77 | 1.77 | 1.90 | 1.86 | 2.07 | 1.59 | 1.88 | 1.75 | 1.61 |
| Quick Ratio | 1.16 | 1.16 | 1.09 | 1.11 | 1.12 | 1.10 | 1.34 | 0.91 | 1.06 | 0.99 | 0.89 |
| Cash Ratio | 0.12 | 0.12 | 0.09 | 0.04 | 0.04 | 0.02 | 0.39 | 0.02 | 0.01 | 0.07 | 0.02 |
| Asset Turnover | — | 1.35 | 1.55 | 1.63 | 2.14 | 1.86 | 2.05 | 2.24 | 2.63 | 2.34 | 2.19 |
| Inventory Turnover | 9.85 | 9.85 | 9.09 | 9.02 | 10.50 | 8.64 | 8.08 | 9.45 | 9.72 | 8.82 | 8.81 |
| Days Sales Outstanding | — | 36.62 | 36.91 | 40.41 | 29.98 | 39.84 | 40.79 | 34.71 | 34.15 | 36.49 | 35.83 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.0% | 3.8% | 6.3% | 7.2% | 25.9% | 9.9% | 6.5% | 7.5% | 16.1% | 1.6% | 11.6% |
| FCF Yield | 9.8% | 7.4% | 8.8% | 8.5% | 30.7% | 8.7% | 3.1% | 13.2% | 14.3% | 4.6% | 9.3% |
| Buyback Yield | 4.8% | 3.6% | 8.9% | 8.6% | 24.8% | 9.8% | 0.1% | 0.3% | 0.4% | 0.1% | 0.1% |
| Total Shareholder Yield | 4.8% | 3.6% | 8.9% | 8.6% | 24.8% | 9.8% | 0.1% | 0.3% | 0.4% | 0.1% | 0.1% |
| Shares Outstanding | — | $112M | $119M | $129M | $163M | $203M | $118M | $117M | $117M | $116M | $114M |
Cyclical housing demand sensitivity
Based on current market data, BLDR trades at a forward P/E of 20.85, which appears to discount a recovery that remains elusive given the company's recent revenue contraction of 7.38% and the broader cooling of single-family housing starts across the United States construction sector.
The current P/S ratio of 0.65 suggests the market is pricing the firm as a low-margin commodity distributor rather than a value-added manufacturer. Investors should monitor whether the forward EV/EBITDA of 7.58 provides a sufficient margin of safety if earnings continue to face downward pressure from fixed-cost deleveraging.
As reported in recent financial statements, the company's ROIC has plummeted from 4.4% in 2023Q4 to a negligible 0.1% in 2026Q1, indicating that the firm is currently failing to generate returns that exceed its cost of capital during this period of cyclical contraction.
The sharp decline in ROIC highlights the difficulty of maintaining operational efficiency when volume-dependent manufacturing facilities are underutilized. This trend warrants investigation into whether the company's aggressive M&A strategy has left it with an asset base that is too heavy for the current demand environment.
According to quarterly filings, the cash conversion cycle has extended to 56 days in 2026Q1, reflecting a deterioration in working capital efficiency as the company struggles to balance inventory levels against a backdrop of softening demand and shifting customer payment dynamics in the construction industry.
The increase in the CCC suggests that inventory is not moving as fluidly as it did during peak periods, which ties up critical liquidity. Investors should monitor the DSO and DIO trends, as any further lengthening of these metrics may indicate a weakening of the company's leverage over its supply chain.
Based on reported figures, the debt-to-equity ratio has climbed to 1.32 in 2026Q1, signaling that the company is increasingly reliant on debt to fund operations while its interest coverage ratio has collapsed to a precarious 0.24, suggesting significant strain on debt service capacity.
The rapid deterioration in interest coverage indicates that the company's ability to manage its debt load is becoming increasingly sensitive to operating income volatility. This trend suggests that the balance sheet is becoming more vulnerable to interest rate shocks or further declines in construction activity.
The P/E ratio is frequently misapplied to BLDR, as it obscures the massive impact of commodity price volatility and non-cash amortization on reported earnings, which often leads investors to misinterpret the company's true cash-generating capacity during different phases of the housing construction cycle.
Instead of relying on P/E, analysts should focus on EV/EBITDA and FCF margins to better capture the underlying operational performance of the manufacturing segments. Using P/E in a cyclical business like this often results in buying at the bottom of the cycle when multiples appear artificially high due to depressed earnings.
Includes 30+ ratios · 24 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying BLDR stock.
Builders FirstSource, Inc.'s current P/E ratio is 20.2x. The historical average is 18.6x. This places it at the 77th percentile of its historical range.
Builders FirstSource, Inc.'s current EV/EBITDA is 10.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.6x.
Builders FirstSource, Inc.'s return on equity (ROE) is 10.1%. The historical average is -1.7%.
Based on historical data, Builders FirstSource, Inc. is trading at a P/E of 20.2x. This is at the 77th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Builders FirstSource, Inc. has 29.0% gross margin and 5.2% operating margin.
Builders FirstSource, Inc.'s Debt/EBITDA ratio is 4.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.