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Builders FirstSource (Builders FirstSource) EBIT : $2,176 Mil (TTM As of Dec. 2023)


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What is Builders FirstSource EBIT?

Builders FirstSource's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $490 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $2,176 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Builders FirstSource's annualized ROC % for the quarter that ended in Dec. 2023 was 17.31%. Builders FirstSource's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 58.55%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Builders FirstSource's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.20%.


Builders FirstSource EBIT Historical Data

The historical data trend for Builders FirstSource's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Builders FirstSource EBIT Chart

Builders FirstSource Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 392.31 543.85 2,387.42 3,770.21 2,176.32

Builders FirstSource Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 526.01 467.18 577.07 641.63 490.44

Competitive Comparison of Builders FirstSource's EBIT

For the Building Products & Equipment subindustry, Builders FirstSource's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Builders FirstSource's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Builders FirstSource's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Builders FirstSource's EV-to-EBIT falls into.



Builders FirstSource EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,176 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Builders FirstSource  (NYSE:BLDR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Builders FirstSource's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=1961.744 * ( 1 - 20.95% )/( (8992.362 + 8924.371)/ 2 )
=1550.758632/8958.3665
=17.31 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10736.757 - 1656.299 - ( 88.096 - max(0, 2026.682 - 3574.107+88.096))
=8992.362

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10499.452 - 1508.925 - ( 66.156 - max(0, 1863.437 - 3300.728+66.156))
=8924.371

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Builders FirstSource's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1961.744/( ( (2252.615 + max(1126.019, 0)) + (2306.008 + max(1017.014, 0)) )/ 2 )
=1961.744/( ( 3378.634 + 3323.022 )/ 2 )
=1961.744/3350.828
=58.55 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1618.107 + 1331.512 + 100.974) - (1656.299 + 180.576 + 87.699)
=1126.019

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1436.917 + 1228.265 + 113.403) - (1508.925 + 162.659 + 89.987)
=1017.014

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Builders FirstSource's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=2176.319/26536.272
=8.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Builders FirstSource EBIT Related Terms

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Builders FirstSource (Builders FirstSource) Business Description

Traded in Other Exchanges
Address
2001 Bryan Street, Suite 1600, Dallas, TX, USA, 75201
Builders FirstSource Inc is a manufacturer and supplier of building materials. The company offers structural and related building products such as factory-built roof and floor trusses, wall panels and stairs, vinyl windows, custom millwork and trim, and engineered wood. The products can be designed for each home individually and are installed by Builders FirstSource. The company's construction-related services include professional installation, turn-key framing and shell construction. Builders FirstSource's customers range from large production builders to small custom homebuilders.
Executives
Michael Alan Farmer officer: President - Commercial Ops C/O BMC STOCK HOLDINGS, INC., 4800 FALLS OF NEUSE RD, SUITE 400, RALEIGH NC 27609
Michael Hiller officer: President - Central Division 2001 BRYAN ST STE 1600, DALLAS TX 75201
Timothy D Johnson officer: EVP & General Counsel 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Jami Lynn Coulter officer: Principal Accounting Officer 2001 BRYAN ST., SUITE 1600, DALLAS TX 75201
Paul M Mccrobie officer: President - East Division 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Dirkson R Charles director 50 MAIN STREET, 4TH FLOOR, WHITE PLAINS NY 10606
Floyd F Sherman director, officer: President & CEO BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Amy B Messersmith officer: Chief People Officer 2001 BRYAN ST STE 1600, DALLAS TX 75201
James Oleary director
David W Bullock director C/O GRAHAM PACKAGING HOLDINGS COMPANY, 2401 PLEASANT VALLEY ROAD, YORK PA 17402
Mark A Alexander director C/O W. P. CAREY INC., 395 9TH AVENUE, 58TH FLOOR, NEW YORK, NEW YORK NY 10001
David E Flitman director, officer: President C/O NALCO COMPANY, 1601 WEST DIEHL ROAD, NAPERVILLE IL 60563
Boydston Cory Jacobs director C/O BMC STOCK HOLDINGS, INC., 4800 FALLS OF NEUSE RD, SUITE 400, RALEIGH NC 27617
Stephen J Herron officer: President - East Division 2001 BRYAN ST STE 1600, DALLAS TX 75201
David E Rush officer: SVP - COO - East 2001 BRYAN ST., SUITE 1600, DALLAS TX 75201

Builders FirstSource (Builders FirstSource) Headlines