Page 1

EX - 99.1 2 d212538dex991.htm EX - 99.1 For Immediate Release Builders FirstSource Reports Record Second Quarter 2021 Results Record Net Sales of $ 5.6 Billion with Core Organic Sales Growth of 35 % Record Net Income , Adjusted EBITDA & Adjusted EBITDA Margin BMC Integration and Cost Savings Ahead of Plan Increased Full Year 2021 Adjusted EBITDA Outlook Second Quarter 2021 BFS Highlights ( includes BMC in Q2 2021 and not in Q2 2020 ) All Year - Over - Year Comparisons Unless Otherwise Noted : August 5th , 2021 ( Dallas , TX ) – Builders FirstSource , Inc. ( NYSE : BLDR ) today reported its results for the second quarter and six months ended June 30 , 2021 . ● Year to Date June 2021 BFS Highlights ( includes BMC in Year to Date June , 2021 and not Year to Date June , 2020 ) . All Year - Over - Year Comparisons Unless Otherwise Noted : ● Exhibit 99.1 Net sales of $ 5.6 billion for the quarter increased 186.6 % driven by the merger with BMC , commodity inflation , and strong organic growth Gross profit of $ 1.6 billion increased 206.0 % driven by the merger with BMC , commodity inflation , and double - digit organic growth Net income of $ 497.2 million , or $ 2.39 per diluted share , and adjusted net income of $ 574.0 million , or $ 2.76 per diluted share Builders FirstSource Second Quarter 2021 Highlights Compared to Combined Non - GAAP Pro Forma Second Quarter 2020 Net sales of $ 9.8 billion for the period increased 161.2 % driven by the merger with BMC , commodity inflation , and strong organic growth Gross profit of $ 2.7 billion increased 169.9 % driven by the merger with BMC , commodity inflation , and strong organic growth Net income of $ 669.8 million , or $ 3.21 per diluted share , and adjusted net income of $ 870.3 million , or $ 4.17 per diluted share Net sales of $ 5.6 billion for the period increased 90.6 % compared to the combined pro forma prior year period Commodity inflation increased net sales 51.8 % Core organic sales increased 35.3 % , excluding commodity and acquisition impacts Acquisitions , excluding the BMC merger , contributed net sales growth of 3.5 % Gross profit of $ 1.6 billion increased 105.4 % compared to the combined pro forma prior year period 1