Builders FirstSource, Inc. (BLDR) closed fiscal year 2025 with a gross margin of 30.4 % and a net margin of 2.9 %.
Builders FirstSource, Inc. (BLDR) closed fiscal year 2025 with a gross margin of 30.4 % and a net margin of 2.9 %. The same year shows an EBITDA margin of 9.1 % and an EBIT margin of 5.2 %. The free cash flow margin was 5.6 %. Against the previous year the gross margin moved −2.4 pp and the net margin −3.7 pp. Across the period the gross margin ranges between 18.8 % in 2010 and 35.2 % in 2023. The series covers 17 fiscal years, from 2009 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 21.01 % | 18.81 % | 20.27 % | 20.04 % | 21.47 % | 22.26 % | 25.29 % | 25.08 % | 24.56 % | 24.89 % | 27.15 % | 25.97 % | 29.41 % | 34.08 % | 35.17 % | 32.82 % | 30.39 % |
| EBITDA margin (%) | — | -6.90 % | -3.01 % | 0.22 % | 3.85 % | 3.69 % | 4.18 % | 5.44 % | 5.38 % | 6.04 % | 6.76 % | 7.72 % | 14.75 % | 18.78 % | 15.99 % | 13.15 % | 9.07 % |
| EBIT margin (%) | -8.95 % | -9.10 % | -4.81 % | -0.81 % | 3.22 % | 3.09 % | 2.55 % | 3.71 % | 4.05 % | 4.78 % | 5.39 % | 6.35 % | 12.00 % | 16.59 % | 12.73 % | 9.73 % | 5.18 % |
| Net margin (%) | -9.12 % | -13.64 % | -8.34 % | -5.31 % | -2.87 % | 1.13 % | -0.64 % | 2.27 % | 0.55 % | 2.66 % | 3.05 % | 3.66 % | 8.67 % | 12.10 % | 9.01 % | 6.57 % | 2.86 % |
| FCF margin (%) | -0.72 % | -7.24 % | -9.14 % | -7.21 % | -4.20 % | 0.11 % | 3.74 % | 1.81 % | 1.65 % | 2.35 % | 5.37 % | 1.73 % | 7.62 % | 14.34 % | 10.71 % | 9.10 % | 5.62 % |
