Bluelinx Holdings Inc
NYSE:BXC

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Bluelinx Holdings Inc
NYSE:BXC
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Price: 54.905 USD -3.08%
Market Cap: $432.1m

Bluelinx Holdings Inc
Investor Relations

BlueLinx Holdings, Inc. engages in the distribution of building and industrial products. The company is headquartered in Marietta, Georgia and currently employs 2,055 full-time employees. The company went IPO on 2004-12-14. The firm provides both branded and private-label stock keeping units (SKUs) across product categories such as lumber, panels, engineered wood, siding, millwork, metal building products, and other construction materials. The firm distributes its products in two principal categories: specialty products and structural products. Its specialty products include engineered wood products, molding, siding and trim, cedar, metal products (excluding rebar and remesh) and insulation. Structural products include plywood, oriented strand board, rebar and remesh, lumber, spruce and other wood products primarily used for structural support in construction projects. The company also offers a range of value-added services and solutions to its customers and suppliers, including inventory stocking; intermodal distribution services; milling and fabrication services, and backhaul services.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Feb 25, 2026
AI Summary
Q4 2025

Flat Revenue: BlueLinx delivered full-year 2025 net sales of $3 billion, essentially unchanged versus 2024, as higher volumes and the Disdero acquisition offset pricing pressures.

Margins Hold: Specialty and structural product gross margins remained resilient at 18% and 9.2% for the year, despite ongoing price deflation and a tough housing market.

Multifamily Strength: Multifamily channel volumes grew 19% year-over-year, driven by strategic investments and increased demand for affordable housing.

Digital & AI Investments: The company accelerated its digital transformation, favoring AI-driven productivity tools over traditional e-commerce platforms, with Phase 1 completed under budget.

Disdero Acquisition: The Disdero Lumber purchase is performing as expected and strengthens BlueLinx's specialty and West Coast presence.

Solid Liquidity: Year-end liquidity stood at $726 million, including $386 million in cash and $340 million undrawn revolver, supporting ongoing investment and resilience.

Market Outlook: Management sees continued near-term headwinds in housing but remains confident in long-term fundamentals and expects to outperform when recovery begins.

Disciplined Capital Return: $38 million in share repurchases completed in 2025, with $58.7 million remaining on the authorization.

Key Financials
Net Sales
$3 billion
Adjusted EBITDA
$83 million
Adjusted EBITDA Margin
2.8%
Adjusted Net Income
$7.8 million
Adjusted Diluted EPS
$0.97
Net Income
$219,000
Diluted EPS
$0.02
Gross Profit
$452 million
Gross Margin
15.3%
Specialty Product Gross Margin
18%
Structural Product Gross Margin
9.2%
Q4 Net Sales
$716 million
Q4 Gross Profit
$113 million
Q4 Gross Margin
15.7%
Q4 Specialty Product Net Sales
$505 million
Q4 Specialty Product Gross Margin
18.1%
Q4 Structural Product Net Sales
$211 million
Q4 Structural Product Gross Margin
10%
SG&A
$381 million
Liquidity
$726 million
Cash and Cash Equivalents
$386 million
Undrawn Revolver Capacity
$340 million
Total Debt
$381 million
Net Debt
negative $5 million
Net Leverage Ratio
negative 0.1x adjusted EBITDA
Q4 Operating Cash Flow
$62 million
Q4 Free Cash Flow
$56 million
2025 Operating Cash Flow
$60 million
2025 Free Cash Flow
$33 million
Share Repurchases
$38 million
Share Repurchase Authorization Remaining
$58.7 million
Multifamily Volume Growth
19% year-over-year
National Accounts Volume Growth
17% year-over-year
Earnings Call Recording
Other Earnings Calls

Management

Mr. Shyam K. Reddy J.D.
CEO, President & Director
No Bio Available
Mr. R. Andrew Wamser Jr.
Senior VP, CFO & Treasurer
No Bio Available
Ms. Tricia Kinney
General Counsel & Corporate Secretary
No Bio Available
Mr. Mitchell B. Lewis J.D.
Director
No Bio Available
Mr. Chad Lee
Vice President of Distribution & Operations
No Bio Available
Ms. Kimberly A. DeBrock
VP & Chief Accounting Officer
No Bio Available
Mr. Thomas C. Morabito
Investor Relations Officer
No Bio Available
Mr. Sean Dwyer
Chief Strategy & Corporate Development Officer
No Bio Available
Mr. Michael Wilson
Chief Commercial Officer
No Bio Available

Contacts

Address
GEORGIA
Marietta
1950 Spectrum Cir SE
Contacts
+17709537000.0
bluelinxco.com
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