Stock Analysis on Net

Builders FirstSource Inc. (NYSE:BLDR)

This company has been moved to the archive! The financial data has not been updated since November 1, 2023.

Analysis of Profitability Ratios 
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Builders FirstSource Inc., profitability ratios (quarterly data)

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Return on Sales
Gross profit margin 34.86% 34.89% 34.80% 34.08% 33.67% 32.71% 30.90% 29.41% 28.30% 26.70% 25.83% 25.97% 26.05% 26.75% 26.90% 27.15% 27.18% 26.43% 25.52% 24.89%
Operating profit margin 12.78% 13.95% 16.12% 16.59% 16.81% 16.21% 14.03% 12.00% 11.13% 8.79% 6.68% 6.35% 5.20% 5.28% 5.13% 5.39% 5.56% 5.35% 5.08% 4.78%
Net profit margin 9.10% 10.04% 11.68% 12.10% 12.20% 11.79% 10.24% 8.67% 8.00% 6.14% 4.36% 3.66% 2.76% 2.77% 2.62% 3.05% 3.17% 3.05% 2.84% 2.66%
Return on Investment
Return on equity (ROE) 34.37% 42.86% 52.47% 55.40% 53.73% 52.22% 42.69% 35.93% 25.76% 16.34% 9.58% 27.20% 21.33% 22.62% 23.38% 26.89% 29.84% 32.33% 34.42% 34.41%
Return on assets (ROA) 14.66% 17.34% 23.32% 25.95% 24.33% 22.19% 18.19% 16.10% 13.16% 8.43% 5.09% 7.51% 5.35% 5.50% 5.47% 6.83% 7.05% 7.01% 6.80% 7.00%

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Builders FirstSource Inc. gross profit margin ratio improved from Q1 2023 to Q2 2023 but then slightly deteriorated from Q2 2023 to Q3 2023.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Builders FirstSource Inc. operating profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Builders FirstSource Inc. net profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Builders FirstSource Inc. ROE deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.
ROA A profitability ratio calculated as net income divided by total assets. Builders FirstSource Inc. ROA deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Gross Profit Margin

Builders FirstSource Inc., gross profit margin calculation (quarterly data)

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Gross margin 1,581,102 1,594,946 1,371,400 1,485,127 2,014,732 2,412,147 1,832,373 1,485,799 1,712,452 1,583,151 1,069,554 669,188 570,651 517,332 465,413 476,556 541,142 517,156 441,975 492,779 522,781 496,328 411,052
Net sales 4,534,264 4,528,890 3,883,314 4,357,565 5,761,463 6,926,259 5,681,131 4,634,809 5,508,590 5,576,682 4,173,775 2,530,760 2,295,450 1,945,643 1,787,021 1,763,573 1,981,035 1,904,523 1,631,300 1,815,980 2,118,467 2,089,888 1,700,436
Profitability Ratio
Gross profit margin1 34.86% 34.89% 34.80% 34.08% 33.67% 32.71% 30.90% 29.41% 28.30% 26.70% 25.83% 25.97% 26.05% 26.75% 26.90% 27.15% 27.18% 26.43% 25.52% 24.89%
Benchmarks
Gross Profit Margin, Competitors2
Boeing Co. 9.09% 6.65% 7.20% 5.26% -1.41% 2.74% 3.20% 4.84% -0.25% -1.35% -7.82% -9.78% -1.31% 1.83% 0.47% 5.83%
Caterpillar Inc. 31.71% 30.44% 28.74% 26.91% 26.14% 25.52% 25.71% 26.30% 27.08% 26.83% 25.98% 25.47% 25.52% 26.43% 27.22% 27.83%
Eaton Corp. plc 35.54% 34.51% 33.64% 33.19% 32.83% 32.55% 32.36% 32.28% 32.14% 32.23% 30.80% 30.52% 30.54% 30.99% 32.61% 32.97%
GE Aerospace 23.26% 23.29% 24.24% 24.55% 24.52% 25.22% 24.26% 24.19% 24.97% 22.43% 18.80% 17.26% 15.53% 16.78% 19.21% 19.96%
Honeywell International Inc. 38.03% 37.79% 37.36% 36.99% 35.56% 34.22% 32.95% 31.98% 32.34% 32.06% 31.52% 32.07% 32.23% 32.87% 33.88% 33.70%
Lockheed Martin Corp. 12.54% 12.70% 12.74% 12.56% 12.99% 13.39% 13.36% 13.52% 13.34% 13.00% 13.26% 13.23% 13.33% 13.49% 13.53% 13.99%
RTX Corp. 17.36% 20.43% 20.53% 20.38% 20.49% 20.17% 19.94% 19.40% 17.59% 15.79% 13.98% 15.08% 18.75% 22.86% 25.86% 25.93%

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q3 2023 Calculation
Gross profit margin = 100 × (Gross marginQ3 2023 + Gross marginQ2 2023 + Gross marginQ1 2023 + Gross marginQ4 2022) ÷ (Net salesQ3 2023 + Net salesQ2 2023 + Net salesQ1 2023 + Net salesQ4 2022)
= 100 × (1,581,102 + 1,594,946 + 1,371,400 + 1,485,127) ÷ (4,534,264 + 4,528,890 + 3,883,314 + 4,357,565) = 34.86%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Builders FirstSource Inc. gross profit margin ratio improved from Q1 2023 to Q2 2023 but then slightly deteriorated from Q2 2023 to Q3 2023.

Operating Profit Margin

Builders FirstSource Inc., operating profit margin calculation (quarterly data)

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Income from operations 641,628 577,072 467,183 526,005 1,014,528 1,365,868 863,805 621,790 837,440 680,238 247,956 213,894 139,758 129,255 60,947 75,138 129,632 115,645 71,891 90,477 121,788 104,559 52,144
Net sales 4,534,264 4,528,890 3,883,314 4,357,565 5,761,463 6,926,259 5,681,131 4,634,809 5,508,590 5,576,682 4,173,775 2,530,760 2,295,450 1,945,643 1,787,021 1,763,573 1,981,035 1,904,523 1,631,300 1,815,980 2,118,467 2,089,888 1,700,436
Profitability Ratio
Operating profit margin1 12.78% 13.95% 16.12% 16.59% 16.81% 16.21% 14.03% 12.00% 11.13% 8.79% 6.68% 6.35% 5.20% 5.28% 5.13% 5.39% 5.56% 5.35% 5.08% 4.78%
Benchmarks
Operating Profit Margin, Competitors2
Boeing Co. -1.86% -4.62% -3.58% -5.33% -11.99% -6.98% -6.53% -4.66% -10.80% -12.18% -20.36% -21.95% -11.39% -7.90% -8.05% -2.58%
Caterpillar Inc. 18.13% 16.97% 14.94% 13.97% 14.56% 13.81% 13.87% 14.27% 14.56% 13.82% 12.32% 11.67% 12.30% 13.90% 15.62% 16.33%
Eaton Corp. plc 16.28% 15.48% 14.85% 14.55% 13.90% 16.33% 15.97% 15.69% 15.50% 12.54% 10.81% 11.45% 11.39% 11.87% 13.86% 13.38%
GE Aerospace 8.08% 6.92% 7.40% 6.05% 7.05% 8.12% 7.31% 8.58% 7.86% 6.82% 4.72% 5.49% 7.26% 9.19% 12.10% 12.85%
Honeywell International Inc. 20.09% 19.73% 19.05% 18.12% 17.55% 17.31% 17.37% 18.03% 18.36% 17.95% 16.90% 17.45% 17.20% 17.83% 19.01% 18.66%
Lockheed Martin Corp. 12.57% 12.80% 12.78% 12.65% 13.15% 13.47% 13.50% 13.61% 13.50% 13.19% 13.19% 13.22% 13.24% 13.45% 13.72% 14.29%
RTX Corp. 4.79% 8.63% 8.73% 8.07% 7.93% 7.81% 7.75% 7.70% 5.93% 4.61% -3.59% -3.34% -0.30% 2.90% 11.73% 11.64%

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q3 2023 Calculation
Operating profit margin = 100 × (Income from operationsQ3 2023 + Income from operationsQ2 2023 + Income from operationsQ1 2023 + Income from operationsQ4 2022) ÷ (Net salesQ3 2023 + Net salesQ2 2023 + Net salesQ1 2023 + Net salesQ4 2022)
= 100 × (641,628 + 577,072 + 467,183 + 526,005) ÷ (4,534,264 + 4,528,890 + 3,883,314 + 4,357,565) = 12.78%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Builders FirstSource Inc. operating profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Net Profit Margin

Builders FirstSource Inc., net profit margin calculation (quarterly data)

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Net income 451,457 404,619 333,786 384,513 738,007 987,209 639,640 442,456 613,145 497,235 172,580 139,914 85,932 78,924 8,767 41,367 78,130 66,604 35,708 52,021 73,328 56,622 23,220
Net sales 4,534,264 4,528,890 3,883,314 4,357,565 5,761,463 6,926,259 5,681,131 4,634,809 5,508,590 5,576,682 4,173,775 2,530,760 2,295,450 1,945,643 1,787,021 1,763,573 1,981,035 1,904,523 1,631,300 1,815,980 2,118,467 2,089,888 1,700,436
Profitability Ratio
Net profit margin1 9.10% 10.04% 11.68% 12.10% 12.20% 11.79% 10.24% 8.67% 8.00% 6.14% 4.36% 3.66% 2.76% 2.77% 2.62% 3.05% 3.17% 3.05% 2.84% 2.66%
Benchmarks
Net Profit Margin, Competitors2
Boeing Co. -3.74% -6.08% -5.86% -7.41% -13.75% -8.69% -8.00% -6.75% -13.50% -14.30% -20.87% -20.42% -7.34% -4.27% -4.84% -0.83%
Caterpillar Inc. 14.35% 13.53% 12.10% 11.85% 13.70% 13.19% 13.02% 13.47% 11.28% 10.17% 8.53% 7.68% 8.12% 9.50% 11.06% 12.00%
Eaton Corp. plc 13.24% 12.30% 12.00% 11.86% 11.36% 11.70% 11.21% 10.92% 10.60% 9.86% 8.05% 7.90% 7.53% 8.03% 10.19% 10.34%
GE Aerospace 15.08% 13.91% 12.35% 0.31% -8.10% -6.18% -6.70% -9.17% -0.06% -3.39% -4.68% 7.81% 4.92% -5.55% -2.75% -5.69%
Honeywell International Inc. 14.87% 15.08% 14.54% 14.00% 15.38% 14.74% 15.30% 16.11% 15.80% 14.65% 14.17% 14.64% 14.99% 16.94% 17.38% 16.73%
Lockheed Martin Corp. 10.29% 10.48% 8.60% 8.69% 9.07% 7.33% 9.45% 9.42% 9.13% 10.69% 10.53% 10.45% 10.18% 10.25% 10.21% 10.42%
RTX Corp. 4.76% 7.88% 8.08% 7.75% 6.76% 6.84% 6.47% 6.00% 5.20% 3.51% -4.44% -6.22% -4.20% -2.52% 5.87% 7.19%

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q3 2023 Calculation
Net profit margin = 100 × (Net incomeQ3 2023 + Net incomeQ2 2023 + Net incomeQ1 2023 + Net incomeQ4 2022) ÷ (Net salesQ3 2023 + Net salesQ2 2023 + Net salesQ1 2023 + Net salesQ4 2022)
= 100 × (451,457 + 404,619 + 333,786 + 384,513) ÷ (4,534,264 + 4,528,890 + 3,883,314 + 4,357,565) = 9.10%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Builders FirstSource Inc. net profit margin ratio deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Return on Equity (ROE)

Builders FirstSource Inc., ROE calculation (quarterly data)

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Net income 451,457 404,619 333,786 384,513 738,007 987,209 639,640 442,456 613,145 497,235 172,580 139,914 85,932 78,924 8,767 41,367 78,130 66,604 35,708 52,021 73,328 56,622 23,220
Stockholders’ equity 4,580,685 4,342,060 4,657,232 4,962,566 5,224,603 5,136,353 5,136,047 4,802,481 5,523,426 5,482,455 4,983,945 1,152,783 1,007,865 915,934 833,538 824,953 779,001 704,131 632,471 596,338 538,315 461,471 400,973
Profitability Ratio
ROE1 34.37% 42.86% 52.47% 55.40% 53.73% 52.22% 42.69% 35.93% 25.76% 16.34% 9.58% 27.20% 21.33% 22.62% 23.38% 26.89% 29.84% 32.33% 34.42% 34.41%
Benchmarks
ROE, Competitors2
Boeing Co.
Caterpillar Inc. 44.48% 45.85% 39.18% 42.25% 47.28% 42.96% 38.07% 39.37% 30.90% 26.09% 20.73% 19.56% 22.18% 30.16% 37.36% 41.77%
Eaton Corp. plc 16.29% 15.10% 14.72% 14.45% 14.26% 14.12% 13.35% 13.06% 12.95% 12.23% 9.54% 9.44% 9.58% 10.87% 14.93% 13.75%
GE Aerospace 35.27% 30.77% 27.72% 0.62% -18.56% -12.75% -12.20% -16.17% -0.11% -7.29% -9.82% 16.04% 11.41% -13.31% -6.71% -17.58%
Honeywell International Inc. 31.42% 31.52% 30.89% 29.74% 30.36% 28.96% 28.58% 29.85% 30.67% 27.73% 25.71% 27.23% 27.56% 32.23% 35.75% 33.22%
Lockheed Martin Corp. 75.11% 76.41% 58.97% 61.86% 49.05% 41.16% 62.10% 57.62% 62.90% 109.51% 110.16% 113.60% 132.02% 171.93% 181.17% 199.23%
RTX Corp. 4.59% 7.67% 7.61% 7.16% 6.36% 6.34% 5.79% 5.29% 4.65% 3.07% -3.74% -4.88% -3.67% -2.42% 10.42% 13.25%

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q3 2023 Calculation
ROE = 100 × (Net incomeQ3 2023 + Net incomeQ2 2023 + Net incomeQ1 2023 + Net incomeQ4 2022) ÷ Stockholders’ equity
= 100 × (451,457 + 404,619 + 333,786 + 384,513) ÷ 4,580,685 = 34.37%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Builders FirstSource Inc. ROE deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.

Return on Assets (ROA)

Builders FirstSource Inc., ROA calculation (quarterly data)

Microsoft Excel
Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Net income 451,457 404,619 333,786 384,513 738,007 987,209 639,640 442,456 613,145 497,235 172,580 139,914 85,932 78,924 8,767 41,367 78,130 66,604 35,708 52,021 73,328 56,622 23,220
Total assets 10,736,757 10,733,112 10,476,916 10,595,160 11,537,698 12,085,902 12,051,185 10,714,343 10,809,148 10,626,094 9,379,506 4,173,671 4,014,934 3,764,678 3,561,358 3,249,490 3,297,759 3,249,971 3,199,465 2,932,309 3,193,585 3,322,852 3,109,689
Profitability Ratio
ROA1 14.66% 17.34% 23.32% 25.95% 24.33% 22.19% 18.19% 16.10% 13.16% 8.43% 5.09% 7.51% 5.35% 5.50% 5.47% 6.83% 7.05% 7.01% 6.80% 7.00%
Benchmarks
ROA, Competitors2
Boeing Co. -2.11% -3.32% -3.03% -3.60% -6.14% -3.90% -3.60% -3.03% -5.77% -5.92% -7.85% -7.80% -2.77% -1.75% -2.39% -0.48%
Caterpillar Inc. 10.50% 9.79% 8.50% 8.18% 9.11% 8.33% 7.90% 7.84% 6.37% 5.37% 4.26% 3.83% 4.32% 5.41% 6.99% 7.77%
Eaton Corp. plc 8.03% 7.37% 7.23% 7.03% 6.67% 6.58% 6.30% 6.30% 6.06% 5.12% 4.20% 4.43% 4.48% 5.08% 6.90% 6.74%
GE Aerospace 6.45% 5.89% 5.33% 0.12% -3.23% -2.38% -2.48% -3.28% -0.02% -1.03% -1.34% 2.25% 1.49% -1.75% -0.90% -1.87%
Honeywell International Inc. 8.83% 8.75% 8.73% 7.97% 8.92% 8.16% 8.29% 8.60% 8.53% 7.78% 7.28% 7.40% 7.85% 9.19% 10.99% 10.47%
Lockheed Martin Corp. 12.29% 12.39% 10.41% 10.84% 11.28% 9.09% 12.06% 12.41% 11.69% 13.71% 13.52% 13.47% 12.88% 13.00% 12.68% 13.11%
RTX Corp. 1.96% 3.43% 3.43% 3.27% 2.82% 2.81% 2.63% 2.39% 2.09% 1.37% -1.67% -2.17% -1.55% -1.01% 2.94% 3.96%

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q3 2023 Calculation
ROA = 100 × (Net incomeQ3 2023 + Net incomeQ2 2023 + Net incomeQ1 2023 + Net incomeQ4 2022) ÷ Total assets
= 100 × (451,457 + 404,619 + 333,786 + 384,513) ÷ 10,736,757 = 14.66%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Builders FirstSource Inc. ROA deteriorated from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.