earnings
confidence high
sentiment positive
materiality 0.85
Builders FirstSource Q3 net sales $5.8B (+4.6%); Adj EBITDA record $1.2B (+20.1%)
Builders FirstSource, Inc.
2022-Q3 EPS reported
$13.98
revenue$18,368,853,000
- Net income $738M ($4.72 diluted EPS); adjusted EPS $5.20, up 58% and 53% YoY respectively.
- Repurchased 11.2M shares for $658M in Q3; another 1.8M shares for $112M in October 2022.
- Completed four acquisitions since Jul 2022 including Trussway ($291M sales) and Fulcrum ($140M sales).
- 2022 guidance: net sales $22.5-23.0B, Adj EBITDA $4.2-4.4B, free cash flow $3.1-3.3B.
- Core organic sales grew 6.9%; value-added products up nearly 20%; SG&A increased 14.3%.