Builders FirstSource (NYSE:BLDR) Posts Quarterly Earnings Results

Posted by Francis Steltz on Oct 30th, 2026

Builders FirstSource (NYSE:BLDR – Get Free Report) announced its quarterly earnings data on Thursday. The company reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.45, Zacks reports. Builders FirstSource had a net margin of 0.71% and a return on equity of 11.73%. The firm had revenue of $3.85 billion during the quarter, compared to analyst estimates of $3.75 billion. During the same period in the previous year, the business posted $1.88 EPS. The business’s quarterly revenue was down 2.2% on a year-over-year basis.

Here are the key takeaways from Builders FirstSource’s conference call:

Housing demand and profitability remain under pressure: Mortgage rates rose above 7%, affordability weakened, and management expects some builders to reduce starts further. Third-quarter sales fell 2%, adjusted EBITDA declined 28%, and adjusted EBITDA margin decreased to 8.1%.
Builders FirstSource maintained its 2026 outlook despite the challenging market, keeping net sales guidance at $14.2 billion–$14.6 billion and adjusted EBITDA guidance at $1.075 billion–$1.125 billion. Free cash flow expectations were narrowed to approximately $400 million–$450 million.
Cost controls and productivity initiatives are offsetting some volume weakness: The company remains on track for $140 million of run-rate cost actions, generated $23 million in quarterly productivity savings, and consolidated 45 facilities during the year while maintaining on-time and in-full delivery above 90%.
The company gained approximately 1–2 percentage points of share in the quarter, with particular momentum in lumber and value-added offerings. Management believes customer service, bundled products, technology, and labor-saving installed solutions can support further share gains without relying solely on price competition.
Leverage and near-term market risks remain important concerns: Net debt to adjusted EBITDA was approximately 4.1 times, above the company’s long-term target, while multifamily activity is expected to remain muted and higher fuel, transportation, OSB, and labor costs continue to pressure margins.

Builders FirstSource Trading Up 1.7%

NYSE BLDR traded up $1.04 during trading on Friday, hitting $64.10. The company had a trading volume of 1,327,064 shares, compared to its average volume of 2,538,146. The company’s fifty day moving average is $59.39 and its 200-day moving average is $81.01. Builders FirstSource has a one year low of $49.67 and a one year high of $131.50. The company has a current ratio of 1.79, a quick ratio of 1.09 and a debt-to-equity ratio of 1.14. The company has a market cap of $6.90 billion, a price-to-earnings ratio of 70.29, a price-to-earnings-growth ratio of 1.91 and a beta of 1.45.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on BLDR. KeyCorp decreased their price objective on shares of Builders FirstSource from $91.00 to $80.00 and set an “overweight” rating on the stock in a research report on Friday. Benchmark cut their target price on Builders FirstSource from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. DA Davidson set a $68.00 price target on Builders FirstSource in a report on Friday, July 31st. Royal Bank Of Canada reduced their price target on Builders FirstSource from $107.00 to $88.00 and set an “outperform” rating on the stock in a report on Friday, July 31st. Finally, Citigroup reaffirmed a “market perform” rating on shares of Builders FirstSource in a research report on Thursday, October 8th. Eight analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $77.10.

Get Our Latest Stock Report on Builders FirstSource

Key Stories Impacting Builders FirstSource

Here are the key news stories impacting Builders FirstSource this week:

Positive Sentiment: BLDR reported adjusted earnings of $1.51 per share, well above analysts’ expectations of approximately $1.06–$1.12, while revenue of $3.85 billion also exceeded consensus estimates. Builders FirstSource Q3 Earnings and Revenues Beat Estimates
Positive Sentiment: Management maintained its 2026 guidance for net sales of $14.2 billion to $14.6 billion and adjusted EBITDA of $1.075 billion to $1.125 billion. Investors viewed the steady outlook as evidence that productivity improvements, market-share gains and stronger multifamily activity are helping offset softer single-family demand. Builders FirstSource jumps on earnings beat and steady 2026 outlook
Neutral Sentiment: KeyCorp lowered its BLDR price target from $91 to $80 but retained an “overweight” rating. The revised target still implies substantial upside from the quoted share price, although the reduction signals more cautious expectations. KeyCorp lowers Builders FirstSource price target
Negative Sentiment: Underlying results remained challenged: revenue declined 2.2% year over year, GAAP net income fell to $60.4 million from $122.4 million, gross profit dropped 10.6%, and gross margin contracted 260 basis points to 27.8%. Adjusted earnings also declined from $1.88 per share a year earlier. Builders FirstSource Q3 net income falls

Builders FirstSource Company Profile

(Get Free Report)

Builders FirstSource, Inc is a supplier of building materials, manufactured components and construction services for professional homebuilders, remodelers and other construction customers in the United States. The company provides products used throughout the residential construction process, from structural framing to interior and exterior finishes.

Its offerings include lumber and engineered wood products, roof and floor trusses, wall panels, prefabricated components, windows, doors, millwork, cabinets, roofing, siding, insulation, gypsum and related hardware.