BlueLinx Holdings Inc. BXC
BlueLinx is a leading wholesale distributor of residential and commercial building products in the United States. We are a "two-step" distributor. Two-step distributors purchase products from manufacturers and distribute those products to dealers and other suppliers in local markets, who then sell those products to end users. We carry a broad portfolio of both branded and private-label stock keeping units ("SKUs") across two principal product categories: specialty products and structural products. Specialty products include items such as engineered wood products ("EWP"), siding, millwork, outdoor living products, specialty lumber and panels, and industrial products. Structural products include items such as lumber, plywood, oriented strand board, rebar, and remesh. We also provide a wide range of value-added services and solutions aimed at relieving distribution and logistics challenges for our customers and suppliers, while enhancing their marketing and inventory management capabilities.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.95B | $2.95B | $3.14B | $4.45B | $4.28B | $3.10B | $2.64B | $2.86B | $1.82B | $1.88B |
| Cost of revenue | $2.50B | $2.46B | $2.61B | $3.62B | $3.50B | $2.62B | $2.28B | $2.53B | $1.58B | $1.65B |
| Gross profit | $451.6M | $489.1M | $527.0M | $833.0M | $778.4M | $477.7M | $356.9M | $331.9M | $231.0M | $227.4M |
| SG&A | $381.1M | $365.5M | $355.8M | $366.3M | $322.2M | $314.2M | $291.5M | $319.3M | $198.7M | $204.5M |
| Total operating expenses | $419.1M | $401.6M | $388.6M | $393.9M | $340.4M | $335.5M | $321.8M | $345.1M | $201.0M | $185.8M |
| Operating income | $32.5M | $87.6M | $138.4M | $439.1M | $438.1M | $142.2M | $35.2M | -$13.3M | $30.0M | $41.7M |
| Interest expense | — | $47.2M | $44.7M | $45.5M | $45.5M | $47.4M | $54.2M | $47.3M | $21.2M | $24.9M |
| Pre-tax income | $129.0K | $70.7M | $81.9M | $394.8M | $393.9M | $95.1M | -$21.6M | -$60.2M | $9.6M | $17.2M |
| Income tax | $90.0K | $17.6M | $33.4M | $98.6M | $97.7M | $14.2M | $4.0M | $12.2M | $53.4M | $1.1M |
| Net income | $219.0K | $53.1M | $48.5M | $296.2M | $296.1M | $80.9M | -$17.7M | -$17.7M | $63.0M | $16.1M |
| EPS, basic | 0.02 | 6.22 | 5.40 | 31.75 | 30.80 | 8.58 | -1.89 | -5.21 | 6.96 | 1.80 |
| EPS, diluted | 0.02 | 6.19 | 5.39 | 31.51 | 29.99 | 8.55 | -1.89 | -5.21 | 6.81 | 1.77 |
| Shares, diluted (wtd. avg.) | 8.0M | 8.6M | 9.0M | 9.4M | 9.9M | 9.5M | 9.4M | 9.2M | 9.2M | 9.1M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $385.8M | $505.6M | $521.7M | $298.9M | $85.2M | $82.0K | $11.6M | $8.9M | $4.7M | $5.5M |
| Receivables | $218.2M | $225.8M | $228.4M | $251.6M | $339.6M | $293.6M | $192.9M | $208.4M | $134.1M | $125.9M |
| Inventory | $326.0M | $355.9M | $343.6M | $484.3M | $488.5M | $342.1M | $345.8M | $341.9M | $187.5M | $191.3M |
| Total current assets | $984.5M | $1.13B | $1.12B | $1.08B | $945.2M | $668.4M | $578.0M | $599.9M | $343.4M | $345.8M |
| Property, plant and equipment | — | — | — | — | — | — | — | $205.1M | $83.8M | $88.3M |
| Goodwill | $67.2M | $55.4M | $55.4M | $55.4M | $47.8M | $47.8M | $47.8M | $47.8M | $0 | — |
| Other intangibles | $86.7M | $26.9M | $30.8M | $35.0M | $13.6M | $18.9M | $26.4M | $35.2M | $0 | — |
| Total assets | $1.55B | $1.58B | $1.54B | $1.49B | $1.32B | $1.05B | $971.4M | $959.9M | $494.1M | $444.1M |
| Accounts payable | $136.4M | $170.2M | $157.9M | $151.6M | $180.0M | $165.2M | $132.3M | $149.2M | $70.6M | $82.7M |
| Short-term debt | — | — | — | — | $0 | $1.2M | $2.2M | $1.7M | $0 | $29.5M |
| Total current liabilities | $211.3M | $233.7M | $218.6M | $210.7M | $243.8M | $229.0M | $171.1M | $196.8M | $117.6M | $154.3M |
| Long-term debt | $296.7M | $295.1M | $293.7M | $292.4M | $291.3M | $321.3M | $458.4M | $497.9M | $276.7M | $270.8M |
| Total liabilities | $932.0M | $931.3M | $903.3M | $900.0M | $954.2M | $989.0M | $997.5M | $974.6M | $459.1M | $474.0M |
| Retained earnings | $522.5M | $522.3M | $469.1M | $420.6M | $124.4M | -$171.7M | -$252.6M | -$236.2M | -$188.2M | -$251.3M |
| Total equity | $617.3M | $646.4M | $634.3M | $590.0M | $363.2M | $59.1M | -$26.1M | -$14.7M | $35.0M | -$29.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $59.8M | $85.2M | $306.3M | $400.3M | $145.0M | $55.0M | -$10.3M | $41.6M | -$2.5M | $41.4M |
| Depreciation and amortisation | $39.9M | $38.5M | $32.0M | $27.6M | $28.2M | $28.9M | $30.2M | $25.8M | $9.0M | $9.3M |
| Stock-based compensation | $11.3M | $7.7M | $12.1M | $9.6M | $6.6M | $6.0M | $2.6M | $8.5M | $2.5M | $2.3M |
| Capital expenditure | $26.9M | $40.1M | $27.5M | $35.9M | $14.4M | $3.7M | $4.8M | $2.7M | $797.0K | $631.0K |
| Investing cash flow | -$119.5M | -$39.2M | -$26.9M | -$98.7M | -$4.1M | $9.2M | $21.1M | -$242.7M | $26.8M | $36.8M |
| Financing cash flow | -$60.1M | -$62.1M | -$56.6M | -$87.9M | -$55.8M | -$75.7M | -$8.1M | $205.4M | -$25.2M | -$77.5M |
| Buybacks | $38.1M | $45.3M | $42.1M | $66.4M | $0 | $0 | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-024487.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.88B | $1.82B | $2.86B | $2.64B | $3.10B | $4.28B | $4.45B | $3.14B | $2.95B | $2.95B |
| Gross profit | $227.4M | $231.0M | $331.9M | $356.9M | $477.7M | $778.4M | $833.0M | $527.0M | $489.1M | $451.6M |
| Net income | $16.1M | $63.0M | -$17.7M | -$17.7M | $80.9M | $296.1M | $296.2M | $48.5M | $53.1M | $219.0K |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.