BlueLinx Holdings Inc. BXC

IndustrialsHomebuilding & Construction SuppliesUnited States of America

Last close 79.03 USD on Nov 1, 2026, +28.7% year to date

Quant rating

Quant rating B Rank 194 of 486 in Industrials

Growth C 196 of 486
Valuation B 160 of 486
Quality C 265 of 486
Revisions C 314 of 486
Momentum A 71 of 486

Wall Street consensus Buy (2.50)Average target 88.33 USD +11.8%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 621M
Enterprise value: 916M
52-week range: 44.79 – 93.40
3-year range: 44.79 – 131.66
Dividend yield: –
Beta (5 years): 1.49
Shares outstanding: 7.9M
Next earnings: Nov 3, 2026

About the company

BlueLinx Holdings Inc. is a wholesale distributor of residential and commercial building products in the United States. The Company carries a portfolio of both branded and private-label stock keeping units (SKUs) across two principal product categories: specialty products and structural products. Its specialty products include items such as engineered wood, siding, millwork, outdoor living products, specialty lumber and panels, and industrial products. The Company's structural products include items such as lumber, plywood, oriented strand board, rebar, and remesh. The Company also provides a range of value-added services and solutions focused on relieving distribution and logistics challenges for its customers and suppliers. It supplies products to various customers, including national home centers, pro dealers, cooperatives, specialty distributors, regional and local dealers and industrial manufacturers. The Company's geographic coverage includes all 50 states.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	2,954	2,953	3,136	4,450	4,277	–
Revenue growth	0.0%	−5.9%	−29.5%	4.0%	38.1%	−0.9%
EPS (basic, normalized)	0.97	6.44	11.41	31.51	29.99	–
EPS growth	−84.9%	−43.6%	−63.8%	5.1%	–	–
Gross margin	15.3%	16.6%	16.8%	18.7%	18.2%	17.1%
Net margin	0.0%	1.8%	1.5%	6.7%	6.9%	3.4%
ROE	0.0%	8.3%	7.9%	62.1%	140.2%	43.7%

Balance sheet, last quarter
Cash & short-term investments (mil)	318
Current ratio	4.01x
Long-term debt (mil)	591
Net debt (mil)	295
Total equity (mil)	621
Net debt / equity	0.47x
Net debt / EBITDA	3.57x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	2,954	0.0%	0.3x	82.6	−36.5%	11.1x	0.97	−84.9%	81.5x
2026	3,118	+5.6%	0.3x	103	+25.2%	8.9x	1.89	+94.5%	41.9x
2027	3,260	+4.5%	0.3x	110	+6.6%	8.3x	2.85	+51.2%	27.7x
2028	3,378	+3.6%	0.3x	103	−6.1%	8.9x	–	–	–

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	3,118	0.0%	+1.5%	+1.5%	1.89	0.0%	+108.5%	+1,564.8%
2027	3,260	0.0%	+1.0%	+0.9%	2.85	0.0%	+59.4%	+3.9%
2028	3,378	0.0%	–	–	–	–	–	–

Earnings surprises EPS beat in 1 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	726	768	747	711	709	780	749	716	731	814
Sales mean (mil)	702	775	759	701	714	782	757	704	715	794
Surprise	+3.5%	−0.9%	−1.5%	+1.4%	−0.7%	−0.2%	−1.1%	+1.7%	+2.3%	+2.6%
EPS reported	2.14	1.68	1.95	0.61	0.27	0.70	0.45	−0.47	0.21	1.15
EPS mean	1.35	1.75	1.20	0.52	0.27	0.92	0.58	−0.42	−0.72	0.30
Surprise	+58.5%	−3.7%	+63.2%	+17.3%	+1.9%	−23.9%	−22.4%	−11.2%	−129.2%	+287.6%

Peer comparison Homebuilding & Construction Supplies

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
BXC BlueLinx Holdings Inc.	621M	3.57x	0.0%	1.00x	41.9x	27.7x	8.9x	8.3x
QXO QXO, Inc.	11.5B	9.98x	−5.7%	0.65x	47.0x	20.2x	15.0x	8.9x
BLDR Builders FirstSource Inc	7.0B	2.88x	2.9%	1.71x	19.6x	19.6x	10.6x	11.2x
TREX Trex Company, Inc.	5.2B	0.73x	16.2%	5.16x	28.9x	25.3x	15.9x	14.5x
BCC Boise Cascade Co	2.8B	0.55x	2.1%	1.36x	20.5x	15.9x	8.0x	7.0x
RCH Richelieu Hardware Ltd.	1.5B	1.26x	4.4%	2.07x	22.2x	19.6x	10.2x	9.2x
Mean		3.16x	3.3%	1.99x	30.0x	21.4x	11.4x	9.9x
Median		2.07x	2.5%	1.54x	25.5x	19.9x	10.4x	9.1x

Technical analysis

1M+5.5%
3M+32.1%
1Y+11.8%
3Y+14.0%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, BlueLinx Holdings Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	2,954	2,953	3,136	4,450	4,277	3,097
Cost of revenue	2,502	2,463	2,609	3,617	3,499	2,620
Gross profit	452	489	527	833	778	478
Selling, general & administrative expenses	381	366	356	366	322	314
Research & development	–	–	–	–	–	–
Depreciation/amortization	39.9	38.5	32.0	27.6	28.2	28.9
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	−2.7	−6.7	−3.9	−4.1	−12.4	−14.5
Other operating expenses	0.9	1.8	4.6	4.1	2.3	6.9
Operating income	32.5	90.1	138	439	438	142
Net interest income (expense)	−32.4	−19.4	−23.7	−42.3	−45.5	−47.4
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0	0	−32.8	−2.1	1.3	0.3
Net income before taxes	0.1	70.7	81.9	395	394	95.1
Provision for taxes	−0.1	17.6	33.4	98.6	97.7	14.2
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	0.2	53.1	48.5	296	296	80.9
Extraordinary items	–	–	–	–	–	–
Net income	0.2	53.1	48.5	296	296	80.9
EBIT, normalized	29.7	83.4	135	435	426	128
EBITDA, normalized	69.7	122	167	463	454	157
Basic EPS, normalized	0.97	6.44	11.41	31.51	29.99	–

Balance sheet in millions of USD, fiscal years

Balance sheet, BlueLinx Holdings Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	386	506	522	299	85.2	0.1
Receivables	218	226	228	252	340	294
Total inventory	326	356	344	484	488	342
Prepaid expenses	–	–	–	–	–	–
Other current assets	54.5	46.6	26.6	42.1	31.9	32.6
Total current assets	984	1,134	1,120	1,077	945	668
Property, plant & equipment	341	297	263	251	231	230
Goodwill	67.2	55.4	55.4	55.4	47.8	47.8
Intangibles	86.7	26.9	30.8	35.0	13.6	18.9
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	69.5	64.7	67.8	71.4	80.2	83.2
Total assets	1,549	1,578	1,538	1,490	1,317	1,048
Liabilities
Accounts payable	136	170	158	152	180	165
Payable/accrued	–	–	–	–	–	–
Accrued expenses	26.4	25.2	20.6	31.5	27.5	30.8
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	22.3	12.5	11.2	7.1	7.9	6.8
Other current liabilities	26.1	25.8	28.9	20.5	28.4	26.2
Total current liabilities	211	234	219	211	244	229
Long-term debt	596	575	568	558	558	589
Minority interest	–	–	–	–	–	–
Other liabilities	125	122	117	131	152	171
Total liabilities	932	931	903	900	954	989
Shareholders' equity
Preferred stock	0	0	–	–	–	–
Common stock	0.1	0.1	0.1	0.1	0.1	0.1
Additional paid-in capital	94.8	124	165	201	268	267
Retained earnings (accumulated deficit)	522	522	469	421	124	−172
Treasury stock	–	–	–	–	–	–
Other equity	0	0	0	−31.4	−29.4	−36.0
Total equity	617	646	634	590	363	59.1
Total liabilities & shareholders' equity	1,549	1,578	1,538	1,490	1,317	1,048

Cash flow statement in millions of USD, fiscal years

Cash flow statement, BlueLinx Holdings Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	0.2	53.1	48.5	296	296	80.9
Depreciation, depletion & amortization	39.9	38.5	32.0	27.6	28.2	28.9
Deferred taxes	0	2.7	7.8	5.3	0.4	14.2
Non-cash items	6.4	4.9	39.0	6.7	3.0	−3.8
Changes in working capital	13.3	−14.0	179	64.5	−183	−65.2
Cash from operations	59.8	85.2	306	400	145	55.0
Investing activities
Capital expenditures	−26.9	−40.1	−27.5	−35.9	−14.4	−3.7
Other investing cash flows	−92.6	0.9	0.7	−62.8	10.3	12.8
Cash from investing	−119	−39.2	−26.9	−98.7	−4.1	9.2
Financing activities
Financing cash flow items	−3.1	–	0	0	−5.5	−3.4
Cash dividends paid	–	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−57.0	−62.1	−56.6	−87.9	−50.4	−72.4
Cash from financing	−60.1	−62.1	−56.6	−87.9	−55.8	−75.7
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	−120	−16.1	223	214	85.1	−11.6
Free cash flow	32.9	45.1	279	364	131	51.3

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.