HighGravityDataBuilders FirstSource — May 1, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000950170-25-061436
Showing in the filing
Net Sales
“$16.05 billion to $17.05 billion”
Period
FY2025
Measure
GAAP-tied
Source
Prose
All guidance in this release · 17
Share repurchase authorization
“up to $500 million”
Productivity savings for FY2025
“$70 million to $90 million”
Net Sales for FY2025
“$16.05 billion to $17.05 billion”
Gross Profit margin for FY2025
“29.0% to 31.0%”
Adjusted EBITDA for FY2025
“$1.7 billion to $2.1 billion”
Adjusted EBITDA margin for FY2025
“10.6% to 12.3%”
Free cash flow for FY2025
“$800 million to $1.2 billion”
Average commodity prices for FY2025
“$400” – “$440”
Average commodity prices assumption for FY2025
“$400 to $440 per thousand board foot (mbf)”
Acquisitions net sales growth for FY2025
“5.0%” – “5.5%”
Net sales growth from acquisitions completed… for FY2025
“5.0% to 5.5%”
Total capital expenditures for FY2025
“$350 million to $425 million”
Interest expense for FY2025
“$260 million to $280 million”
Effective tax rate for FY2025
“23.0% to 25.0%”
Depreciation and amortization expenses for FY2025
“$550 million to $600 million”
Selling days impact for FY2025
“One fewer selling day is projected to decrease net sales by 0.4% in 2025 versus 2024”
One fewer selling day impact on net sales for FY2025
“decrease net sales by 0.4%”
Exhibit 99.1 · the passage around this item
… earlier in the release
2025 Full Year Total Company Outlook For 2025, the Company expects to achieve the financial performance highlighted below. Projected Net Sales and Adjusted EBITDA include the expected impact of price, commodities, and margins for 2025. • Net Sales to be in a range of $16.05 billion to $17.05 billion. • Gross Profit margin to be in a range of 29.0% to 31.0%. • Adjusted EBITDA to be in a range of $1.7 billion to $2.1 billion. • Adjusted EBITDA margin to be in a range of 10.6% to 12.3%. • Free cash flow in the range of $800 million to $1.2 billion, assuming average commodity prices in the range of $400 to $440 per thousand board foot (mbf). 2025 Full Year Assumptions The Company’s anticipated 2025 performance is based on several assumptions for the full year, including the following: • Within the Company’s geographies, Single-Family starts are projected to be down mid-single digits, Multi-Family starts down mid-teens, and R&R is projected to be flat. • Acquisitions completed within the last twelve months are projected to add net sales growth of 5.0% to 5.5%. • Total capital expenditures in the range of $350 million to $425 million. • Interest expense in the range of $260 million to $280 million. • An effective tax rate of 23.0% to 25.0%. • Depreciation and amortization expenses in the range of $550 million to $600 million. • One fewer selling day is projected to decrease net sales by 0.4% in 2025 versus 2024. Conference Call Builders FirstSource will host a conference call a
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.