15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 11.0% per year over the past 5 years.
Net income has grown faster than revenue (60.0% vs 11.0% per year).
Operating margin has expanded, at 11.3% in the latest year.
Financial health
The company holds more cash ($229M) than total debt ($90M).
Total debt has grown slower than revenue (-12.3% vs 11.0% per year).
Operating income covered interest expense 23× in the latest year, up from 1.8× 5 years ago.
Total debt is 0.5× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1.5B
$128M
20.5%
11.3%
$153M
$90M
$229M
2024
$1.3B
$106M
19.0%
10.3%
$96M
$95M
$128M
2023
$1.1B
$24M
12.3%
4.6%
$111M
$130M
$79M
2022
$801M
-$46M
4.6%
-5.1%
-$31M
$150M
$10M
2022
$801M
-$46M
4.6%
-5.1%
-$31M
—
—
2021
$684M
-$289000
10.5%
1.0%
-$66M
$164M
$12M
2020
$879M
$12M
10.9%
2.5%
-$16M
$174M
$45M
2019
$1.0B
$24M
13.1%
4.3%
$20M
$183M
$71M
2018
$1.0B
$31M
11.9%
3.4%
$16M
$142M
$60M
2017
$991M
$29M
12.9%
6.0%
$38M
$151M
$63M
2016
—
$7M
—
—
$16M
$152M
$63M
2015
—
$15M
—
—
$18M
$187M
$53M
2014
—
-$6M
—
—
—
—
$119000
2014
—
-$4M
—
—
—
—
$477000
2014
—
$3M
—
—
$31M
$223M
$52M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$353M
$29M
20.0%
11.1%
$40M
$88M
$276M
Dec '25
$333M
$31M
21.4%
11.3%
$31M
$89M
$242M
Sep '25
$409M
$36M
21.1%
12.3%
$60M
$90M
$229M
Jun '25
$398M
$36M
21.6%
12.6%
$52M
$91M
$173M
Mar '25
$359M
$26M
19.7%
9.4%
$19M
$93M
$131M
Dec '24
$314M
$29M
19.2%
10.5%
$22M
$94M
$136M
Sep '24
$350M
$25M
17.0%
7.3%
$50M
$95M
$128M
Jun '24
$333M
$29M
20.8%
11.9%
-$4M
$96M
$88M
Mar '24
$346M
$26M
18.4%
10.4%
$52M
$97M
$93M
Dec '23
$318M
$26M
20.0%
11.9%
-$3M
$98M
$77M
Sep '23
$303M
$19M
16.5%
9.6%
$34M
$130M
$79M
Jul '23
$294M
$9M
15.5%
6.6%
$37M
$135M
$50M
Apr '23
$300M
$7M
11.9%
4.2%
$22M
$140M
$18M
Dec '22
$236M
-$11M
3.2%
-4.0%
$19M
$144M
$6M
Oct '22
$258M
-$23M
-1.7%
-8.9%
$28M
$150M
$10M
Jul '22
$206M
-$6M
10.5%
0.5%
-$44M
$154M
$27M
Apr '22
$208M
-$12M
1.5%
-8.0%
$20M
$157M
$15M
Jan '22
$129M
-$4M
12.5%
-1.6%
-$35M
$160M
$4M
Oct '21
$192M
-$2M
6.8%
-1.3%
-$42M
$164M
$12M
Jul '21
$197M
$4M
13.3%
4.1%
-$6M
$167M
$11M
Valuation over time
How the market has priced BLBD against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 24.2× (Oct '23) to 19.6× (Jun '26).
The price-to-sales ratio has risen from 0.8× (Mar '23) to 1.7× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is BLBD growing its revenue and profit?
Over the past 5 years, Blue Bird Corp's revenue has grown 11.0% per year, and net income grown 60.0% per year. These are computed facts, not advice.
How much debt does BLBD have?
As of FY2025, Blue Bird Corp reported $90M of total debt against $229M of cash; operating income covered interest expense 23×.
What is BLBD's profit margin?
In FY2025, gross margin was 20.5%, operating margin 11.3%, and net margin 8.6%.
What is BLBD's P/E ratio?
As of Jun '26, Blue Bird Corp traded at a price-to-earnings ratio of about 19.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.