📊 BXC Key Takeaways
Investment Thesis
BlueLinx faces severe profitability deterioration with net income collapsing 99.6% YoY despite stable revenue, indicating margin compression and operational challenges in the lumber wholesale sector. The company maintains adequate liquidity but concerning interest coverage of 0.7x signals debt service stress, and the near-zero net margin (0.0%) reflects a business barely profitable at the operating level.
BXC Strengths
- Strong liquidity position with 4.66x current ratio and $385.8M cash providing operational flexibility
- Moderate leverage at 0.48x debt-to-equity with manageable capital structure
- Positive free cash flow of $32.9M demonstrates underlying cash generation despite earnings collapse
BXC Risks
- Catastrophic profitability decline with net income down 99.6% YoY and net margin at 0.0%, indicating fundamental operational distress
- Critically weak interest coverage ratio of 0.7x below 1.0x threshold signals inability to consistently cover debt obligations from operating income
- Operating margin compression to 1.1% in a wholesale distribution business with flat revenue growth suggests structural margin pressure and potential pricing power loss
Key Metrics to Watch
- Operating margin recovery and gross margin sustainability amid revenue stagnation
- Interest coverage ratio improvement to above 1.5x to demonstrate debt servicing capability
- Net income trend reversal and return to positive operating leverage with stable revenues
BXC Financial Metrics
💡 AI Analyst Insight
The relatively thin 1.1% FCF margin may limit capital allocation flexibility. Strong liquidity with a 4.66x current ratio provides a solid financial cushion.
BXC Profitability Ratios
BXC vs Default Sector
How BlueLinx Holdings Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BXC Balance Sheet & Liquidity
BXC 5-Year Financial Trend
5-Year Trend Summary: BlueLinx Holdings Inc.'s revenue has declined by 27% over the 5-year period, indicating business contraction. The most recent EPS of $5.39 reflects profitable operations.
BXC Growth Metrics (YoY)
BXC Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $747.3M | $1.7M | $0.20 |
| Q2 2025 | $768.4M | $2.8M | $0.54 |
| Q1 2025 | $709.2M | $2.8M | $0.33 |
| Q3 2024 | $747.3M | $14.3M | $1.87 |
| Q2 2024 | $768.4M | $14.3M | $1.65 |
| Q1 2024 | $726.2M | $17.5M | $1.94 |
| Q3 2023 | $810.0M | $17.8M | $2.71 |
| Q2 2023 | $816.0M | $17.8M | $2.70 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BXC Capital Allocation
BXC SEC Filings
Access official SEC EDGAR filings for BlueLinx Holdings Inc. (CIK: 0001301787)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BXC
What is the AI rating for BXC?
BlueLinx Holdings Inc. (BXC) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BXC's key strengths?
Strong liquidity position with 4.66x current ratio and $385.8M cash providing operational flexibility. Moderate leverage at 0.48x debt-to-equity with manageable capital structure.
What are the risks of investing in BXC?
Catastrophic profitability decline with net income down 99.6% YoY and net margin at 0.0%, indicating fundamental operational distress. Critically weak interest coverage ratio of 0.7x below 1.0x threshold signals inability to consistently cover debt obligations from operating income.
What is BXC's revenue and growth?
BlueLinx Holdings Inc. reported revenue of $3.0B.
Does BXC pay dividends?
BlueLinx Holdings Inc. does not currently pay dividends.
Where can I find BXC SEC filings?
Official SEC filings for BlueLinx Holdings Inc. (CIK: 0001301787) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BXC's EPS?
BlueLinx Holdings Inc. has a diluted EPS of $0.02.
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.