GMS - GMS Inc.
Price:
--
--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$101.42
DETAILS
HIGH:
$275.00
LOW:
$61.00
MEDIAN:
$82.50
CONSENSUS:
$101.42
DOWNSIDE:
7.77%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Revenue | 5,513.7 | 5,501.9 | 5,329.3 | 4,634.9 | 3,298.8 | 3,241.3 | 3,116.0 | 2,511.5 | 2,319.1 | 1,858.2 | 1,570.1 | 1,353.3 | 1,161.6 |
| Cost of Revenue | 3,791.7 | 3,726.8 | 3,603.3 | 3,146.6 | 2,236.1 | 2,178.1 | 2,111.9 | 1,692.9 | 1,560.6 | 1,265.0 | 1,091.1 | 942.7 | 824.3 |
| Gross Profit | 1,722.0 | 1,775.1 | 1,725.9 | 1,488.3 | 1,062.7 | 1,063.2 | 1,004.1 | 818.6 | 758.6 | 593.2 | 479.0 | 410.7 | 337.3 |
| Operating Expenses | |||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 1,265.3 | 1,198.9 | 1,093.8 | 950.1 | 763.6 | 784.1 | 739.5 | 633.9 | 585.1 | 470.0 | 396.2 | 330.2 | 295.3 |
| Other Expenses | 199.2 | 133.4 | 126.9 | 119.2 | 108.1 | 116.5 | 2.9 | 2.3 | 4.1 | 3.7 | 1.9 | 0 | (197.0) |
| Operating Expenses | 1,464.5 | 1,332.3 | 1,220.7 | 1,069.4 | 871.8 | 900.6 | 856.9 | 699.4 | 654.3 | 534.2 | 460.3 | 623.5 | 306.9 |
| Operating Income | |||||||||||||
| Operating Income | 257.6 | 442.8 | 505.2 | 418.9 | 190.9 | 164.4 | 147.2 | 119.2 | 104.3 | 58.9 | 18.7 | 61.9 | 30.4 |
| Interest Expense | 89.1 | 75.5 | 65.8 | 58.1 | 53.8 | 67.7 | 73.7 | 31.4 | 29.4 | 37.4 | 36.4 | 0 | 4.4 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.2 | 0 |
| Profitability | |||||||||||||
| EBITDA | 427.5 | 583.0 | 640.3 | 542.1 | 299.9 | 281.9 | 273.8 | 185.0 | 174.4 | 124.1 | 88.9 | 80.5 | (155.0) |
| EBIT | 263.4 | 449.6 | 513.3 | 422.9 | 190.9 | 114.0 | 156.4 | 119.5 | 105.2 | 59.9 | 24.8 | 39.6 | (166.7) |
| Income Before Tax | 174.3 | 374.2 | 447.5 | 364.8 | 137.1 | 46.3 | 70.0 | 83.9 | 71.5 | 25.1 | (18.3) | (220.1) | (171.1) |
| Income Tax Expense | 58.8 | 98.1 | 114.5 | 91.4 | 31.5 | 22.9 | 14.0 | 20.9 | 22.7 | 12.6 | (4.5) | (0.2) | 11.5 |
| Net Income | 115.5 | 276.1 | 333.0 | 273.4 | 105.6 | 23.4 | 56.0 | 63.0 | 48.9 | 12.6 | (13.8) | (19.0) | (182.6) |
| Per Share Data | |||||||||||||
| EPS (Basic) | 2.97 | 6.86 | 7.95 | 6.35 | 2.47 | 0.56 | 1.37 | 1.54 | 1.21 | 0.38 | -0.35 | -0.59 | -4.63 |
| EPS (Diluted) | 2.92 | 6.75 | 7.82 | 6.23 | 2.44 | 0.55 | 1.35 | 1.49 | 1.19 | 0.38 | -0.35 | -0.59 | -4.63 |
| Shares Outstanding | 38.9 | 40.2 | 41.9 | 43.1 | 42.8 | 41.9 | 40.9 | 41.0 | 40.3 | 32.8 | 39.8 | 32.1 | 39.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 55.6 | 166.1 | 164.7 | 101.9 | 167.0 | 210.9 | 47.3 | 36.4 | 14.6 | 19.1 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 835.9 | 850.0 | 792.2 | 750.0 | 558.7 | 440.9 | 445.8 | 346.4 | 329.0 | 274.2 |
| Inventory | 586.2 | 580.8 | 575.5 | 551.0 | 357.1 | 299.8 | 290.8 | 239.2 | 200.2 | 165.8 |
| Other Current Assets | 42.4 | 42.4 | 17.1 | 20.2 | 19.5 | 15.0 | 18.4 | 11.7 | 0 | 14.8 |
| Total Current Assets | 1,520.1 | 1,639.3 | 1,549.5 | 1,423.1 | 1,102.3 | 931.0 | 802.3 | 633.8 | 555.2 | 482.7 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 850.0 | 723.5 | 585.8 | 503.9 | 429.7 | 420.7 | 282.3 | 163.6 | 154.5 | 153.3 |
| Goodwill | 881.3 | 853.8 | 700.8 | 695.9 | 576.3 | 553.1 | 617.3 | 427.6 | 423.6 | 386.3 |
| Intangible Assets | 536.7 | 502.7 | 399.7 | 454.7 | 350.9 | 361.9 | 429.3 | 222.7 | 252.3 | 221.8 |
| Long-Term Investments | 5.5 | 7.6 | 0 | 0 | 0 | 0 | 0 | (10.7) | (26.8) | (11.0) |
| Other Non-Current Assets | 13.0 | 11.1 | 11.4 | 8.8 | 9.0 | 13.2 | 13.6 | 6.8 | 7.7 | 7.8 |
| Total Non-Current Assets | 2,311.2 | 2,120.5 | 1,717.5 | 1,681.3 | 1,381.6 | 1,357.8 | 1,347.2 | 820.7 | 838.1 | 769.2 |
| Total Assets | 3,831.3 | 3,759.8 | 3,267.0 | 3,104.4 | 2,483.9 | 2,288.8 | 2,149.6 | 1,454.5 | 1,393.3 | 1,251.9 |
| Current Liabilities | ||||||||||
| Account Payables | 431.5 | 420.2 | 377.0 | 367.3 | 323.0 | 248.9 | 173.8 | 116.2 | 102.7 | 91.5 |
| Short-Term Debt | 8.6 | 6.6 | 101.7 | 86.0 | 79.5 | 83.2 | 42.1 | 16.3 | 11.5 | 35.6 |
| Deferred Revenue | 0 | 0 | 182.5 | 0 | 109.1 | 96.4 | 102.0 | 1.4 | 0.6 | 0.6 |
| Other Current Liabilities | 202.6 | 185.5 | 170.3 | 188.5 | 125.7 | 109.9 | 45.3 | 33.9 | 28.2 | 26.4 |
| Total Current Liabilities | 797.6 | 757.0 | 706.3 | 689.2 | 562.5 | 427.9 | 358.6 | 233.9 | 210.5 | 220.6 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 1,062.1 | 1,105.3 | 907.3 | 1,016.4 | 851.1 | 950.7 | 1,099.1 | 579.6 | 583.4 | 609.0 |
| Deferred Tax Liabilities | 76.5 | 62.7 | 51.2 | 46.8 | 12.7 | 12.0 | 10.2 | 10.7 | 26.8 | 52.2 |
| Other Non-Current Liabilities | 51.2 | 45.0 | 185.6 | 175.3 | 144.8 | 163.1 | (28.9) | 61.5 | 84.8 | 58.8 |
| Total Non-Current Liabilities | 1,613.5 | 1,542.3 | 1,286.0 | 1,350.7 | 1,098.9 | 1,226.9 | 1,161.8 | 641.1 | 668.2 | 720.1 |
| Total Liabilities | 2,411.1 | 2,299.3 | 1,992.3 | 2,039.9 | 1,661.4 | 1,654.8 | 1,520.4 | 875.1 | 878.7 | 940.7 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 |
| Retained Earnings | 1,272.5 | 1,157.0 | 881.0 | 548.0 | 274.5 | 169.0 | 145.6 | 89.6 | 26.6 | (22.3) |
| Accumulated Other Comprehensive Income | (41.9) | (31.5) | (35.1) | (6.0) | 4.8 | (65.1) | 3.1 | 0.4 | (0.9) | (1.1) |
| Total Stockholders' Equity | 1,420.2 | 1,460.5 | 1,274.8 | 1,064.5 | 822.5 | 634.0 | 629.2 | 579.5 | 514.6 | 311.2 |
| Total Liabilities & Equity | 3,831.3 | 3,759.8 | 3,267.0 | 3,104.4 | 2,483.9 | 2,288.8 | 2,149.6 | 1,454.5 | 1,393.3 | 1,251.9 |
| Debt Metrics | ||||||||||
| Total Debt | 1,598.0 | 1,534.6 | 1,288.1 | 1,253.0 | 1,102.2 | 1,220.1 | 1,141.2 | 595.9 | 594.9 | 644.6 |
| Net Debt | 1,542.4 | 1,368.4 | 1,123.4 | 1,151.1 | 935.2 | 1,009.2 | 1,093.9 | 559.4 | 580.4 | 625.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 115.5 | 276.1 | 333.0 | 273.4 | 105.6 | 23.4 | 56.0 | 63.0 | 48.9 | 12.6 |
| Depreciation & Amortization | 164.1 | 133.4 | 126.9 | 119.2 | 108.1 | 116.5 | 117.5 | 65.5 | 69.2 | 64.2 |
| Stock-Based Compensation | 19.2 | 22.4 | 22.1 | 17.4 | 12.9 | 9.0 | 7.6 | 5.7 | 3.1 | 4.7 |
| Change in Working Capital | 44.2 | (15.1) | (53.8) | (237.6) | (71.0) | 81.8 | (8.1) | (53.8) | (36.8) | (27.0) |
| Other Non-Cash Items | 49.2 | 12.7 | 13.3 | 7.5 | 8.1 | 71.5 | 38.1 | 24.4 | 2.3 | 13.7 |
| Operating Cash Flow | 383.6 | 433.2 | 441.7 | 179.6 | 153.3 | 303.1 | 193.6 | 88.6 | 66.7 | 47.7 |
| Investing Activities | ||||||||||
| Capital Expenditure | (47.5) | (57.2) | (52.7) | (41.1) | (29.9) | (25.2) | (18.8) | (23.7) | (11.1) | (7.7) |
| Acquisitions | (186.8) | (376.2) | (61.7) | (348.1) | (36.0) | (24.1) | (583.1) | (28.3) | (150.4) | (113.6) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (5.2) | 2.7 | 2.9 | 1.9 | 2.3 | 2.2 | 1.2 | 2.9 | 4.0 | 9.8 |
| Investing Cash Flow | (239.5) | (430.8) | (111.5) | (387.2) | (63.6) | (47.1) | (600.7) | (49.2) | (157.5) | (111.4) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (94.2) | 116.2 | (145.2) | 174.8 | (135.0) | (92.0) | 439.5 | (15.3) | (68.4) | 76.8 |
| Stock Repurchased | (165.5) | (116.4) | (110.8) | (35.5) | (4.2) | (0.5) | (16.5) | (1.4) | 0 | (5.8) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 4.5 | (0.2) | (5.6) | 6.8 | 3.3 | 0.6 | (4.0) | (4.9) | 153.4 | 6.1 |
| Financing Cash Flow | (255.2) | (0.4) | (265.6) | 143.3 | (136.6) | (91.3) | 419.0 | (20.2) | 86.3 | 70.5 |
| Cash Position | ||||||||||
| Net Change in Cash | (110.5) | 1.4 | 62.8 | (65.1) | (43.9) | 163.6 | 10.9 | 21.9 | (4.5) | 6.8 |
| Cash at Beginning | 166.1 | 164.7 | 101.9 | 167.0 | 210.9 | 47.3 | 36.4 | 14.6 | 19.1 | 12.3 |
| Cash at End | 55.6 | 166.1 | 164.7 | 101.9 | 167.0 | 210.9 | 47.3 | 36.4 | 14.6 | 19.1 |
| Free Cash Flow | 336.1 | 376.0 | 389.1 | 138.5 | 123.4 | 277.9 | 174.8 | 64.9 | 55.6 | 40.1 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 5,513.7 | 5,501.9 | 5,329.3 | 4,634.9 | 3,298.8 | 3,241.3 | 3,116.0 | 2,511.5 | 2,319.1 | 1,858.2 | 1,570.1 | 1,353.3 | 1,161.6 |
| Gross Profit | 1,722.0 | 1,775.1 | 1,725.9 | 1,488.3 | 1,062.7 | 1,063.2 | 1,004.1 | 818.6 | 758.6 | 593.2 | 479.0 | 410.7 | 337.3 |
| Operating Income | 257.6 | 442.8 | 505.2 | 418.9 | 190.9 | 164.4 | 147.2 | 119.2 | 104.3 | 58.9 | 18.7 | 61.9 | 30.4 |
| Net Income | 115.5 | 276.1 | 333.0 | 273.4 | 105.6 | 23.4 | 56.0 | 63.0 | 48.9 | 12.6 | (13.8) | (19.0) | (182.6) |
| EPS (Diluted) | 2.92 | 6.75 | 7.82 | 6.23 | 2.44 | 0.55 | 1.35 | 1.49 | 1.19 | 0.38 | -0.35 | -0.59 | -4.63 |
| Balance Sheet | |||||||||||||
| Cash & Equivalents | 55.6 | 166.1 | 164.7 | 101.9 | 167.0 | 210.9 | 47.3 | 36.4 | 14.6 | 19.1 | |||
| Total Assets | 3,831.3 | 3,759.8 | 3,267.0 | 3,104.4 | 2,483.9 | 2,288.8 | 2,149.6 | 1,454.5 | 1,393.3 | 1,251.9 | |||
| Total Debt | 1,598.0 | 1,534.6 | 1,288.1 | 1,253.0 | 1,102.2 | 1,220.1 | 1,141.2 | 595.9 | 594.9 | 644.6 | |||
| Stockholders' Equity | 1,420.2 | 1,460.5 | 1,274.8 | 1,064.5 | 822.5 | 634.0 | 629.2 | 579.5 | 514.6 | 311.2 | |||
| Cash Flow | |||||||||||||
| Operating Cash Flow | 383.6 | 433.2 | 441.7 | 179.6 | 153.3 | 303.1 | 193.6 | 88.6 | 66.7 | 47.7 | |||
| Capital Expenditure | (47.5) | (57.2) | (52.7) | (41.1) | (29.9) | (25.2) | (18.8) | (23.7) | (11.1) | (7.7) | |||
| Free Cash Flow | 336.1 | 376.0 | 389.1 | 138.5 | 123.4 | 277.9 | 174.8 | 64.9 | 55.6 | 40.1 | |||