Does Builders FirstSource Stock Lead the Pack?

BLDR: Builders FirstSource logo
BLDR
Builders FirstSource

Builders FirstSource (BLDR) stock has notably underperformed most peers over the past year. A closer look reveals solid profitability, evidenced by its LTM operating margin, and moderate valuation support with a PE ratio of 18.28. However, BLDR faces significant revenue growth headwinds, with a negative LTM revenue growth rate of -6.39%, and limited upside in a stagnant building materials market anticipated for 2026, especially when compared to peers scaling with positive revenue growth.

  • BLDR’s 7.7% operating margin, while modest, exceeds most peers, yet lags WSM’s 18.6% driven by its proprietary, high-end home furnishings.
  • BLDR’s -6.4% revenue decline reflects a soft housing market, lagging peers like CASY and PAG, benefiting from resilient consumer spending.
  • BLDR’s 13.1% stock drop and 18.3 PE reflect housing market headwinds, contrasting with stronger performance from consumer-focused peers.

Here’s how Builders FirstSource stacks up across size, valuation, and profitability versus key peers.

BLDR WSM CASY DKS PAG CAR
Market Cap ($ Bil) 13.8 24.2 22.0 18.4 10.9 4.5
Revenue ($ Bil) 15.9 7.9 17.0 14.9 30.7 11.4
PE Ratio 18.3 21.4 36.3 18.0 11.6 -2.2
LTM Revenue Growth -6.4% 5.1% 13.3% 10.9% 2.2% -3.2%
LTM Operating Margin 7.7% 18.6% 5.3% 10.2% 4.2% -0.0%
LTM FCF Margin 7.5% 14.0% 4.0% 0.6% 2.5% -86.5%
12M Market Return -13.1% 3.8% 52.6% -5.2% 11.9% 49.6%

For more details on Builders FirstSource, read Buy or Sell BLDR Stock. Below we compare BLDR’s growth, margin, and valuation with peers across years

Revenue Growth Comparison

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LTM 2025 2024 2023 2022
BLDR -6.4% -4.1% -24.8% 14.2%
WSM 5.1% -0.5% -10.6% 5.2%
CASY 13.3% 7.3% -1.5% 16.5%
DKS 10.9% 3.5% 5.0% 0.6%
PAG 2.2% 3.1% 6.2% 8.8%
CAR -3.2% -8.2% -2.7% 34.5%

Operating Margin Comparison

LTM 2025 2024 2023 2022
BLDR 7.7% 9.7% 12.7% 16.6%
WSM 18.6% 18.5% 16.1% 17.3%
CASY 5.3% 5.0% 4.8% 4.2%
DKS 10.2% 11.4% 10.4% 12.0%
PAG 4.2% 4.3% 4.7% 5.3%
CAR -0.0% 2.3% 17.6% 30.0%

PE Ratio Comparison

LTM 2025 2024 2023 2022
BLDR 18.3 11.3 11.9 9.8
WSM 21.4 20.0 25.2 12.2
CASY 36.3 37.5 29.3 22.9
DKS 18.0 13.7 18.0 10.9
PAG 11.6 11.5 9.8 8.7
CAR -2.2 -2.5 1.9 3.0

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