Builders FirstSource — Oct 30, 2025 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 $15.1 billion to $15.4 billion. • Gross Profit margin to be in a range of 30.1% to 30.5%. • Adjusted EBITDA to be in a range of $1.625 billion to $1.675 billion. • Adjusted EBITDA margin to be in a range of 10.6% to 11.1%. • Free cash flow in the range of $0.8 to $1.0 billion, assuming average commodity prices in the range of $370 to $390 per thousand board foot (mbf). 3       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 approximately 9%, 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 approximately 5%. • Total capital expenditures in the range of $300 million to $350 million. • Interest expense in the range of $270 million to $280 million. • An effective tax rate of 20.0% to 22.0%. • 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 conf