Blue Bird Corp - Understand $blbd stock

$BLBD Market Cap: $1.331 Billion

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Financial Snapshot

Revenue

$996.9M

TTM

Gross Margin

19.74%

TTM

Net Earnings

$80.88M

TTM

Current Assets

$323.4M

Q3 2024

Current Liabilities

$236.0M

Q3 2024

Current Ratio

137.04%

Q3 2024

Total Assets

$524.9M

Q3 2024

Total Liabilities

$365.3M

Q3 2024

Book Value

$159.6M

Q3 2024

Cash

$127.7M

Q3 2024

P/E

16.46

Nov 29, 2024 EST

Free Cash Flow

$45.62M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$1.347B	$1.133B	$800.6M	$684.0M	$879.2M	$1.019B	$1.025B	$990.6M	$932.0M	$919.1M	$855.7M	$776.6M
YoY Change	18.92%	41.49%	17.05%	-22.2%	-13.71%	-0.6%	3.47%	6.29%	1.4%	7.41%	10.2%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$1.347B	$1.133B	$800.6M	$684.0M	$879.2M	$1.019B	$1.025B	$990.6M	$932.0M	$919.1M	$855.7M	$776.6M
Cost Of Revenue	$1.091B	$993.9M	$764.1M	$611.9M	$783.0M	$885.4M	$903.0M	$863.2M	$802.7M	$798.7M	$746.4M	$684.1M
Gross Profit	$256.2M	$138.9M	$36.55M	$72.14M	$96.20M	$133.5M	$122.0M	$127.4M	$129.4M	$120.4M	$109.4M	$92.45M
Gross Profit Margin	19.01%	12.26%	4.56%	10.55%	10.94%	13.1%	11.9%	12.86%	13.88%	13.1%	12.78%	11.9%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Selling, General & Admin	$116.8M	$87.19M	$77.25M	$65.62M	$74.21M	$89.64M	$86.91M	$67.84M	$102.7M	$84.56M	$91.45M	$65.33M
YoY Change	33.98%	12.88%	17.72%	-11.57%	-17.22%	3.14%	28.12%	-33.95%	21.46%	-7.53%	39.97%
% of Gross Profit	45.61%	62.8%	211.37%	90.96%	77.14%	67.16%	71.25%	53.26%	79.4%	70.24%	83.61%	70.67%
Research & Development	$9.400M	$6.600M	$6.100M	$5.200M	$6.400M	$11.50M	$8.500M	$7.400M	$5.400M	$5.200M	$3.700M	$3.600M
YoY Change	42.42%	8.2%	17.31%	-18.75%	-44.35%	35.29%	14.86%	37.04%	3.85%	40.54%	2.78%
% of Gross Profit	3.67%	4.75%	16.69%	7.21%	6.65%	8.62%	6.97%	5.81%	4.17%	4.32%	3.38%	3.89%
Depreciation & Amortization	$14.82M	$15.98M	$14.05M	$13.45M	$14.40M	$10.38M	$9.042M	$8.180M	$8.046M	$8.790M	$9.898M	$11.81M
YoY Change	-7.25%	13.72%	4.49%	-6.63%	38.69%	14.83%	10.54%	1.67%	-8.46%	-11.19%	-16.18%
% of Gross Profit	5.79%	11.51%	38.44%	18.64%	14.97%	7.78%	7.41%	6.42%	6.22%	7.3%	9.05%	12.77%
Operating Expenses	$126.2M	$93.79M	$83.35M	$70.82M	$80.61M	$101.1M	$95.41M	$75.24M	$108.1M	$89.76M	$95.15M	$68.93M
YoY Change	34.58%	12.53%	17.69%	-12.14%	-20.3%	6.01%	26.82%	-30.41%	20.44%	-5.66%	38.03%
Operating Profit	$139.3M	$51.66M	-$40.70M	$6.522M	$21.99M	$43.83M	$35.08M	$59.53M	$26.65M	$35.83M	$17.93M	$27.12M
YoY Change	169.72%	-226.92%	-724.04%	-70.35%	-49.82%	24.96%	-41.08%	123.43%	-25.64%	99.88%	-33.89%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Interest Expense	$10.58M	$18.01M	$14.68M	$9.682M	$12.25M	$12.88M	$6.661M	$7.251M	$16.41M	$19.08M	$6.156M	$2.371M
YoY Change	-41.27%	22.74%	51.57%	-20.98%	-4.87%	93.35%	-8.14%	-55.82%	-13.97%	209.91%	159.64%
% of Operating Profit	7.59%	34.87%		148.45%	55.71%	29.38%	18.99%	12.18%	61.6%	53.24%	34.34%	8.74%
Other Income/Expense, Net	-$4.394M	-$8.307M	$2.947M	$1.776M	$738.0K	-$1.331M	-$1.613M	-$4.929M	-$539.0K	$0.00	$72.00K	$96.00K
YoY Change	-47.1%	-381.88%	65.93%	140.65%	-155.45%	-17.48%	-67.28%	814.47%		-100.0%	-25.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Pretax Income	$126.9M	$25.81M	-$53.05M	-$1.978M	$10.49M	$29.63M	$26.87M	$37.35M	$9.827M	$16.87M	$11.95M	$25.06M
YoY Change	391.9%	-148.64%	2582.05%	-118.85%	-64.59%	10.26%	-28.05%	280.08%	-41.75%	41.21%	-52.32%
Income Tax	$33.23M	$8.953M	-$11.45M	-$1.191M	$1.519M	$7.573M	-$2.620M	$11.86M	$5.804M	$4.442M	$10.44M	-$27.54M
% Of Pretax Income	26.18%	34.69%			14.48%	25.56%	-9.75%	31.74%	59.06%	26.33%	87.4%	-109.93%
Net Earnings	$105.5M	$23.81M	-$45.76M	-$289.0K	$12.19M	$24.30M	$30.82M	$28.80M	$6.900M	$14.93M	$2.757M	$54.21M
YoY Change	343.25%	-152.04%	15733.56%	-102.37%	-49.86%	-21.16%	7.01%	317.41%	-53.79%	441.6%	-94.91%
Net Earnings / Revenue	7.83%	2.1%	-5.72%	-0.04%	1.39%	2.38%	3.01%	2.91%	0.74%	1.62%	0.32%	6.98%
Basic Earnings Per Share	$3.27	$0.74	-$1.48	-$0.01	$0.45	$0.92	$1.15	$0.79	$0.14	$0.59	$0.13	$2.46
Diluted Earnings Per Share	$3.16	$0.74	-$1.48	-$0.01	$0.45	$0.90	$1.08	$0.74	$0.14	$0.59	$0.13	$2.46

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Cash & Short-Term Investments	$78.99M	$10.48M	$11.71M	$44.50M	$71.00M	$60.30M	$62.60M	$52.30M	$52.90M	$100.0K	$0.00
YoY Change	653.77%	-10.5%	-73.69%	-37.32%	17.74%	-3.67%	19.69%	-1.13%	52800.0%
Cash & Equivalents	$78.99M	$10.48M	$11.71M	$44.50M	$71.00M	$60.30M	$62.60M	$52.30M	$52.90M
Short-Term Investments
Other Short-Term Assets	$9.215M	$8.486M	$9.191M	$8.200M	$11.80M	$8.200M	$11.50M	$6.100M	$13.10M	$0.00
YoY Change	8.59%	-7.67%	12.09%	-30.51%	43.9%	-28.7%	88.52%	-53.44%
Inventory	$135.3M	$143.0M	$125.2M	$56.50M	$78.80M	$57.30M	$76.20M	$53.80M	$49.20M
Prepaid Expenses
Receivables	$12.57M	$12.53M	$9.967M	$7.600M	$10.50M	$24.10M	$10.10M	$20.30M	$13.70M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$236.1M	$174.5M	$156.1M	$116.9M	$172.1M	$149.8M	$160.4M	$132.5M	$128.9M	$100.0K	$0.00
YoY Change	35.3%	11.79%	33.51%	-32.07%	14.89%	-6.61%	21.06%	2.79%	128800.0%
Property, Plant & Equipment	$96.14M	$102.3M	$111.0M	$110.4M	$104.7M	$66.10M	$34.70M	$33.50M	$28.90M
YoY Change	-6.07%	-7.77%	0.51%	5.44%	58.4%	90.49%	3.58%	15.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$17.62M	$10.66M	$14.82M	$14.30M	$11.10M	$11.10M	$11.60M	$12.90M	$12.50M	$115.0M
YoY Change	65.3%	-28.06%	3.62%	28.83%	0.0%	-4.31%	-10.08%	3.2%	-89.13%
Other Assets	$3.700M	$12.39M	$5.894M	$5.400M	$4.000M	$6.100M	$12.70M	$20.60M	$18.40M	$0.00	$300.0K
YoY Change	-70.13%	110.2%	9.15%	35.0%	-34.43%	-51.97%	-38.35%	11.96%		-100.0%
Total Long-Term Assets	$181.7M	$191.7M	$199.9M	$200.5M	$193.3M	$157.6M	$135.4M	$145.4M	$139.0M	$115.1M	$300.0K
YoY Change	-5.19%	-4.15%	-0.28%	3.72%	22.65%	16.4%	-6.88%	4.6%	20.76%	38266.67%
Total Assets	$417.8M	$366.1M	$356.0M	$317.4M	$365.4M	$307.4M	$295.8M	$277.9M	$267.9M	$115.2M	$300.0K
YoY Change
Accounts Payable	$137.1M	$107.9M	$72.27M	$57.60M	$102.3M	$95.80M	$87.30M	$80.60M	$79.30M	$1.400M
YoY Change	27.06%	49.35%	25.47%	-43.7%	6.78%	9.74%	8.31%	1.64%	5564.29%
Accrued Expenses	$41.20M	$25.22M	$20.81M	$25.20M	$39.00M	$31.10M	$26.80M	$28.40M	$30.40M	$3.300M	$200.0K
YoY Change	63.35%	21.2%	-17.42%	-35.38%	25.4%	16.04%	-5.63%	-6.58%	821.21%	1550.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$100.0K
YoY Change										-100.0%
Long-Term Debt Due	$20.38M	$20.37M	$16.18M	$11.20M	$10.60M	$10.10M	$8.000M	$11.80M	$11.80M
YoY Change	0.08%	25.89%	44.44%	5.66%	4.95%	26.25%	-32.2%	0.0%
Total Short-Term Liabilities	$229.6M	$164.8M	$124.8M	$111.6M	$169.7M	$148.9M	$138.8M	$130.5M	$133.4M	$4.700M	$300.0K
YoY Change	39.35%	32.05%	11.81%	-34.24%	13.97%	7.28%	6.36%	-2.17%	2738.3%	1466.67%
Long-Term Debt	$111.5M	$152.0M	$199.1M	$170.1M	$177.1M	$132.3M	$143.2M	$140.4M	$176.6M	$0.00	$0.00
YoY Change	-26.61%	-23.68%	17.06%	-3.95%	33.86%	-7.61%	1.99%	-20.5%
Other Long-Term Liabilities	$34.10M	$48.01M	$61.11M	$88.70M	$86.20M	$54.40M	$72.30M	$94.00M	$79.10M	$3.700M
YoY Change	-28.96%	-21.44%	-31.1%	2.9%	58.46%	-24.76%	-23.09%	18.84%	2037.84%
Total Long-Term Liabilities	$145.6M	$200.0M	$260.2M	$258.8M	$263.3M	$186.7M	$215.5M	$234.4M	$255.7M	$3.700M	$0.00
YoY Change	-27.17%	-23.15%	0.55%	-1.71%	41.03%	-13.36%	-8.06%	-8.33%	6810.81%
Total Liabilities	$377.8M	$364.7M	$388.7M	$370.6M	$433.2M	$335.8M	$354.3M	$364.8M	$389.1M	$8.400M	$300.0K
YoY Change	3.57%	-6.16%	4.88%	-14.45%	29.01%	-5.22%	-2.88%	-6.25%	4532.14%	2700.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Basic Shares Outstanding	32.27M shares	32.07M shares	31.02M shares	27.14M shares	26.85M shares	26.46M shares	25.26M shares	23.34M shares	21.25M shares	21.18M shares	22.00M shares	22.00M shares
Diluted Shares Outstanding	33.35M shares	32.26M shares	31.02M shares	27.14M shares	27.09M shares	27.04M shares	28.62M shares	24.88M shares	21.32M shares	25.50M shares	22.00M shares	22.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.3311 Billion

About Blue Bird Corp

Blue Bird Corp. engages in the design and manufacture of school buses. The company is headquartered in Macon, Georgia and currently employs 1,829 full-time employees. The company went IPO on 2014-01-17. The firm is focused on designing, engineering and manufacturing electric and low-emission school buses with more than 20,000 propane, natural gas, and electric-powered buses in operation. The firm operates through two segments: Bus segment and Parts segment. The Bus segment includes the manufacturing and assembly of buses to be sold to a variety of customers across the United States, Canada and in certain limited international markets. The Parts segment consists of the purchase of parts from third parties to be sold to dealers within the Company’s network and certain large fleet customers. The company also provides alternative powered product offerings with its propane-powered, gasoline-powered, compressed natural gas (CNG)-powered, and all-electric-powered school buses. The company sells its buses and parts through a network of United States and Canadian dealers.

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