Builders FirstSource Inc (BLDR)

Gross profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Gross profit US$ in thousands 5,383,040 6,012,330 7,744,380 5,850,960 2,222,580
Revenue US$ in thousands 16,400,500 17,097,300 22,726,400 19,893,900 8,558,870
Gross profit margin 32.82% 35.17% 34.08% 29.41% 25.97%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $5,383,040K ÷ $16,400,500K
= 32.82%

The gross profit margin of Builders FirstSource Inc has demonstrated a positive trend over the years, increasing from 25.97% as of December 31, 2020, to 32.82% as of December 31, 2024. This indicates that the company has been able to improve its efficiency in generating profits from its sales after accounting for the cost of goods sold. The gradual upward trajectory in the gross profit margin suggests that the company may have implemented effective cost control measures or achieved better pricing strategies. However, the slight dip in the margin in 2024 compared to the previous year should be further investigated to understand the underlying reasons behind this fluctuation. Overall, the improving trend in the gross profit margin reflects positively on the company's operational performance and profitability.


Peer comparison

Dec 31, 2024

Company name
Symbol
Gross profit margin
Builders FirstSource Inc
BLDR
32.82%
Floor & Decor Holdings Inc
FND
43.28%
Home Depot Inc
HD
33.42%
Lowe's Companies Inc
LOW
33.32%

See also:

Builders FirstSource Inc Gross Profit Margin