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
Gross Profit margin
“29.0% to 31.0%”
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
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 and webcast on Thursday, May 1, 2025, to discuss the Compan
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.