📊 BLBD Key Takeaways
Investment Thesis
Blue Bird Corp demonstrates solid fundamental strength with double-digit profitability, excellent cash generation, and a fortress balance sheet featuring $241.7M in cash against only $84.2M in debt. Despite flat revenue growth, the company achieved 21% net income growth through operational efficiency, indicating pricing power and cost control in the bus manufacturing sector.
BLBD Strengths
- Exceptional liquidity position with $241.7M cash and 1.81x current ratio provides financial flexibility and stability
- Strong profitability with 9.2% net margin and 21% YoY net income growth despite zero revenue growth demonstrates operational leverage and margin expansion
- Robust free cash flow generation of $31.1M (9.3% FCF margin) with capital intensity of only 1.7% supports dividends and debt reduction
- Conservative leverage at 0.31x debt-to-equity with exceptional 24.1x interest coverage ratio indicates minimal financial risk
- Solid ROE of 11.3% and ROA of 4.8% show efficient capital deployment in the capital-intensive bus manufacturing industry
BLBD Risks
- Zero revenue growth indicates market stagnation or competitive pressure in the school bus/transit bus market requiring investigation
- Heavy dependence on a cyclical industry (bus manufacturing) with limited diversification exposes company to economic downturns and fleet replacement cycles
- Low gross margin of 21.4% provides limited buffer against input cost inflation or commodity price spikes
- Modest insider activity (2 Form 4 filings in 90 days) suggests limited insider confidence or trading activity
- Operating margin of 11.3% is respectable but limits room for error if operational efficiencies cannot be sustained
Key Metrics to Watch
- Revenue growth trajectory and order book health to assess market demand recovery
- Gross margin sustainability amid supply chain and input cost pressures
- Free cash flow consistency and cash conversion rate relative to net income
- Debt reduction progress given strong cash position
- Capital expenditure trends and capacity utilization rates
BLBD Financial Metrics
💡 AI Analyst Insight
Blue Bird Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
BLBD Profitability Ratios
BLBD vs Default Sector
How Blue Bird Corp compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BLBD Balance Sheet & Liquidity
BLBD 5-Year Financial Trend
5-Year Trend Summary: Blue Bird Corp's revenue has grown significantly by 45% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.74 reflects profitable operations.
BLBD Growth Metrics (YoY)
BLBD Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $313.9M | $28.7M | $0.86 |
| Q3 2025 | $333.4M | $28.7M | $0.85 |
| Q2 2025 | $345.9M | $26.0M | $0.79 |
| Q1 2025 | $313.9M | $26.2M | $0.81 |
| Q3 2024 | $294.3M | $5.2M | $0.16 |
| Q2 2024 | $299.8M | -$4.2M | $-0.13 |
| Q1 2024 | $235.7M | -$11.3M | $-0.35 |
| Q3 2023 | $206.1M | $5.2M | $0.16 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BLBD Capital Allocation
BLBD SEC Filings
Access official SEC EDGAR filings for Blue Bird Corp (CIK: 0001589526)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BLBD
What is the AI rating for BLBD?
Blue Bird Corp (BLBD) has an AI rating of BUY with 75% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BLBD's key strengths?
Exceptional liquidity position with $241.7M cash and 1.81x current ratio provides financial flexibility and stability. Strong profitability with 9.2% net margin and 21% YoY net income growth despite zero revenue growth demonstrates operational leverage and margin expansion.
What are the risks of investing in BLBD?
Zero revenue growth indicates market stagnation or competitive pressure in the school bus/transit bus market requiring investigation. Heavy dependence on a cyclical industry (bus manufacturing) with limited diversification exposes company to economic downturns and fleet replacement cycles.
What is BLBD's revenue and growth?
Blue Bird Corp reported revenue of $333.1M.
Does BLBD pay dividends?
Blue Bird Corp does not currently pay dividends.
Where can I find BLBD SEC filings?
Official SEC filings for Blue Bird Corp (CIK: 0001589526) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BLBD's EPS?
Blue Bird Corp has a diluted EPS of $0.94.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.