Bluelinx Holdings Inc. key statistics and ratios

In fiscal 2025, Bluelinx Holdings Inc. had return on equity of 0.0%, an operating margin of 1.1%, debt equal to 96.5% of equity and a current ratio of 4.66. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Bluelinx Holdings Inc.: financial ratios, annual
Fiscal year	2009Jan 2010	2010Jan 2011	2011Dec 2011	2012Dec 2012	2013Jan 2014	2014Jan 2015	2015Jan 2016	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Jan 2021	2021Jan 2022	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Jan 2026	LTMJul 2026
Gross margin	11.7%	11.7%	12.0%	12.1%	10.6%	11.6%	11.6%	12.1%	12.7%	11.6%	13.5%	15.4%	18.2%	18.7%	16.8%	16.6%	15.3%	15.8%
Operating margin	−1.0%	−1.3%	−0.5%	0.3%	−1.0%	0.7%	0.9%	2.2%	1.7%	−0.5%	1.3%	4.6%	10.2%	9.9%	4.4%	3.0%	1.1%	1.2%
Net margin	−3.7%	−3.0%	−2.2%	−1.2%	−1.9%	−0.7%	−0.6%	0.9%	3.5%	−0.6%	−0.7%	2.6%	6.9%	6.7%	1.5%	1.8%	0.0%	−0.1%
Free-cash-flow margin	−1.3%	−1.9%	−3.2%	−4.0%	−2.1%	−0.8%	2.0%	2.2%	−0.2%	1.4%	−0.6%	1.7%	3.1%	8.2%	8.9%	1.5%	1.1%	1.9%
Return on equity	−120.9%	—	—	—	—	—	—	—	—	−173.6%	—	—	140.2%	62.1%	7.9%	8.3%	0.0%	−0.3%
Return on assets	—	−10.1%	−7.5%	−4.4%	−7.6%	−2.6%	−2.2%	3.4%	13.4%	−2.4%	−1.8%	8.0%	25.0%	21.1%	3.2%	3.4%	0.0%	−0.1%
Asset turnover	—	3.44	3.41	3.64	4.01	3.72	3.65	3.93	3.87	3.94	2.73	3.07	3.62	3.17	2.07	1.90	1.89	1.91
Current ratio	—	3.18	2.90	2.95	3.76	3.54	3.09	2.24	2.92	3.05	3.38	2.92	3.88	5.11	5.13	4.85	4.66	4.01
Debt to equity	0.0%	0.0%	>999%	—	—	—	—	—	790.5%	—	—	>999%	155.8%	95.8%	91.3%	90.9%	96.5%	95.1%
Interest cover (operating income ÷ interest)	n/m	n/m	n/m	0.2x	n/m	0.5x	0.6x	1.7x	1.4x	n/m	0.6x	3.0x	9.6x	10.4x	5.8x	1.9x	0.7x	0.7x
Effective tax rate	—	—	—	—	—	—	—	6.5%	—	—	—	14.9%	24.8%	25.0%	40.7%	24.9%	—	—
SG&A as % of revenue	12.8%	12.3%	11.8%	11.3%	11.4%	10.7%	10.2%	10.9%	10.9%	11.2%	11.1%	10.1%	7.5%	8.2%	11.3%	12.4%	12.9%	13.1%
Capital spending as % of revenue	0.1%	0.2%	0.4%	0.1%	0.2%	0.2%	0.1%	0.0%	0.0%	0.1%	0.2%	0.1%	0.3%	0.8%	0.9%	1.4%	0.9%	0.5%
Free cash flow ÷ net income	—	—	—	—	—	—	—	253.4%	−5.2%	—	—	63.5%	44.1%	123.0%	574.3%	84.9%	>999%	—
Dividends and buybacks ÷ free cash flow	—	—	—	—	—	—	—	—	—	—	—	0.0%	0.0%	18.2%	15.1%	100.5%	116.1%	13.9%

US$ thousands unless shown otherwise. Fiscal quarters.

Bluelinx Holdings Inc.: financial ratios, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Jan 2026	2026 Q1Apr 2026	2026 Q2Jul 2026
Gross margin	16.8%	15.9%	15.7%	15.3%	14.4%	15.7%	15.9%	17.2%
Operating margin	3.2%	1.7%	1.5%	1.9%	1.3%	−0.5%	1.0%	2.5%
Net margin	2.1%	0.7%	0.4%	0.6%	0.2%	−1.2%	−0.2%	0.8%
Free-cash-flow margin	7.2%	−0.2%	−5.6%	−4.7%	7.0%	7.9%	−8.2%	1.1%
Current ratio	4.58	4.85	4.16	4.55	4.60	4.66	3.90	4.01
Debt to equity	45.0%	45.6%	46.4%	47.6%	47.6%	48.1%	48.2%	47.8%
SG&A as % of revenue	12.3%	13.0%	13.3%	12.2%	11.9%	14.3%	13.2%	13.2%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

5 of 7 checks passed · July 4, 2026

What it owns · $1.6bn

Short-term assets $1.1bnLonger-term assets $542m

What it owes, and who funded it · $1.6bn

Short-term liabilities $265mLonger-term liabilities $717mShareholders' equity $621m

Short-term assets cover short-term liabilities $1.1bn of assets due within a year against $265m of liabilities due within a year.
Short-term assets cover long-term liabilities $1.1bn short-term assets against $717m of longer-dated liabilities.
More cash than debt $318m of cash against $297m of debt.
Debt below 40% of shareholders' equity Debt is 48% of equity.
Debt burden no higher than five years ago Debt to equity moved from 80% to 48% over five years.
A year's operating cash flow covers at least 20% of debt $74m of operating cash flow against $297m of debt.
Operating profit covers interest at least five times over Operating income of $35m against $49m of interest.

From Bluelinx Holdings Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

48 /100

Moderate moat

How hard Bluelinx's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

Returns on capital 13 / 20

Cash operating profit has been a median 10.7% of total assets over 10 years.
Pricing power 8 / 20

Gross margin has been a median 15.9%, moving by 2.3 percentage points (standard deviation) across 10 years.
Durability 3 / 20

Operating margin has been a median 2.5%; its worst year was 0.5%.
Cash conversion 9 / 20

Free cash flow was positive in 8 of 10 years, at a median 1.9% of revenue.
Discipline 20 / 20

The diluted share count fell 18.2% over five years; stock-based pay has been a median 0.3% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (53 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Bluelinx Holdings Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Bluelinx Holdings Inc.