earnings
confidence high
sentiment positive
materiality 0.85
Builders FirstSource Q2 net sales $6.9B (+24.2%), net income $987M (+98.5%), record Adj. EBITDA $1.5B
Builders FirstSource, Inc.
2022-Q2 EPS reported
$9.27
revenue$12,607,391,000
- Net sales $6.9B (+24.2% YoY); core organic +12.2%, acquisitions +8.1%, commodity inflation +3.9%.
- Net income $987.2M ($5.75 diluted EPS); adjusted net income $1.1B ($6.26 adjusted EPS), up 86.9%.
- Adjusted EBITDA $1.5B (+80.3%); margin 21.8%, +680 bps YoY; free cash flow $881M in Q2.
- Repurchased 16.9M shares for $990.7M in Q2; cumulative 52.3M shares repurchased since Aug 2021 ($3.3B).
- Acquired HomCo (Jul 1) and Panel Truss/Valley Truss (Apr 1); FY 2022 free cash flow guided $2.5B-$3.0B.