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Blue Bird Corporation

BLBD Industrials Farm & Heavy Construction Machinery

Blue Bird Corporation’s revenue for fiscal 2025 (year ended September 2025) was $1.5 billion, up 9.87% from fiscal 2024. In the quarter to June 2026, revenue grew 29.9%, EPS grew 366.4%, free cash flow fell 58.6% and total debt rose 25.4%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.

56.29 0.10 +0.18%
Market cap
$1.8B
P/E
6.7×
Fwd P/E
14.9×
Dividend yield
—
F-score
7/9
Altman Z
6.76
Beneish M
−3.43
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.06
Total sells 2.33
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — 1 — — — — 1 — — 1 — —
Sell — 3 — 1 1 — — — — — 1 —
Insider Ownership 9.75%

Capital & Financial Ratios $m

Market Cap 1,760.00
Revenue 1,612.24
Net Income 281.81
Free Cash Flow 153.14
Net Debt (2.05)
Current Ratio 1.64 (at or above 1.5: strong)
Debt/Equity 0.18 (at or below 0.5: strong)
P/E ratio 6.65
Fwd P/E 14.90
P/S ratio 1.20
P/B ratio 2.94
Past 5Y EPS Growth 53.86% (at or above 15%: strong)
This Y EPS Growth 9.80%
Next Y EPS Growth (7.66%) (below 0%: weak)
Next Y revenue growth 18.37% (at or above 10%: strong)
Next 5Y EPS Growth 8.62%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 0.29%
10-year low 10-year high
P/S against its own 10 years 90.07%
10-year low 10-year high
P/B against its own 10 years 0.56%
10-year low 10-year high
EV/Sales against its own 10 years 90.84%
10-year low 10-year high
EV/FCF against its own 10 years 36.76%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 79 128 229 117
Receivables 13 59 21 53
Inventory 135 128 139 302
Other 9 9 22 41
236 323 412 514
2023 2024 2025 Q'26
Payables 137 143 151 175
ST’ Debt 20 5 5 5
Other 24 14 6 42
230 236 237 313

Compound Annual Growth %

10y 5y 3y
Sales 4.88% 10.98% 22.73%
Cash Flow 22.39% 119.49% 0.00%
Earnings 26.17% 59.99% 0.00%
Book Value 0.00% 0.00% 469.61%

Revenue $m

Dec Mar Jun Sep Year
’26 333 353 517 — —
’25 314 359 398 409 1,480
’24 318 346 333 350 1,347
’23 236 300 294 303 1,133
’22 129 208 206 258 801
’21 130 165 197 192 684
’20 153 255 189 281 879
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Dec Mar Jun Sep Year
’26 37 48 31 — —
’25 26 28 57 65 176
’24 0 55 1 55 111
’23 20 25 39 36 120
’22 (33) 22 (43) 30 (24)
’21 (11) 0 (3) (40) (54)
’20 (86) 38 (30) 82 3
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Dec Mar Jun Sep Year
’26 31 40 22 — —
’25 22 19 52 60 153
’24 (3) 52 (4) 50 96
’23 19 22 37 34 111
’22 (35) 20 (44) 28 (31)
’21 (15) (3) (5) (42) (66)
’20 (95) 33 (33) 80 (15)
Fiscal quarters ending in the months shown.

EPS $

Dec Mar Jun Sep Year
’26 0.94 0.90 5.27 — —
’25 0.86 0.79 1.12 1.11 3.88
’24 0.81 0.79 0.85 0.73 3.16
’23 (0.35) 0.22 0.29 0.58 0.74
’22 (0.15) (0.38) (0.20) (0.72) (1.48)
’21 (0.06) (0.02) 0.16 (0.09) (0.01)
’20 (0.02) (0.02) 0.05 0.44 0.45
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 7.61 15.35 15.67 16.37 8.40 14.31 7.14 10.84 24.09 30.04

Analyst estimates 2026–2028

Powerpack
High 18.05 21.90 26.95 23.29 23.99 28.90 22.10 28.80 59.40 61.95
People
People Employees 2,160 2,311 2,237 2,300 1,736 1,790 1,596 1,830 1,948 2,012
Revenue/emp, $m 0.43 0.43 0.46 0.44 0.51 0.38 0.50 0.62 0.69 0.74
Income, $m
Income, $m Revenue 932 991 1,025 1,019 879 684 801 1,133 1,347 1,480
Gross margin, % 13.88 12.86 11.90 13.10 10.94 10.55 4.56 12.26 19.01 20.51
EBT 10 37 27 30 10 (2) (53) 26 127 170
EBT margin, % 1.05 3.77 2.62 2.91 1.19 (0.29) (6.63) 2.28 9.42 11.46
Net income 7 29 31 24 12 0 (46) 24 106 128
Depreciation 16 14 13 13 16 15 18 17 16 16
Per share, $
Per share, $ Revenue 43.85 42.44 40.58 38.51 32.74 25.20 25.81 35.32 41.75 46.45
Earnings 0.14 0.79 1.15 0.92 0.45 (0.01) (1.48) 0.74 3.27 4.01
Cash flow 1.18 2.04 1.91 2.11 0.13 (2.00) (0.79) 3.74 3.44 5.53
Capex (0.45) (0.39) (1.27) (1.34) (0.70) (0.42) (0.21) (0.27) (0.47) (0.72)
Free cash flow 0.73 1.65 0.64 0.77 (0.57) (2.42) (1.00) 3.47 2.97 4.81
Book value (4.09) (2.51) (1.12) (2.56) (1.98) (1.20) 0.04 1.25 4.94 8.02
Shares, m 21 23 25 26 27 27 31 32 32 32
Valuation, ×
Valuation, × P/E 81.17 27.01 22.88 20.92 26.74 0.00 0.00 28.49 14.67 14.32
P/S 0.33 0.49 0.60 0.49 0.37 0.83 0.32 0.60 1.15 1.24
P/B 0.00 0.00 0.00 0.00 0.00 0.00 187.42 16.90 9.70 7.18
EV/Sales 0.44 0.58 0.68 0.61 0.53 1.12 0.53 0.64 1.12 1.14
EV/FCF 26.43 14.94 42.74 30.62 (30.11) (11.72) (13.61) 6.54 15.81 11.05
Cash, $m
Cash, $m Operating cash flow 25 48 48 56 3 (54) (24) 120 111 176
Capex (10) (9) (32) (35) (19) (11) (6) (9) (15) (23)
Free cash flow 16 38 16 20 (15) (66) (31) 111 96 153
Balance, $m
Balance, $m Working capital 2 22 1 2 5 31 10 6 87 175
Total debt 152 151 142 187 180 214 172 131 95 90
Net debt 100 89 82 116 135 202 161 52 (33) (139)
Shareholders’ equity (87) (59) (28) (68) (53) (33) 1 40 160 255
Returns, %
Returns, % ROA 1.11 6.43 9.59 7.22 3.57 (0.09) (12.67) 6.08 22.39 22.21
ROIC 129.77 123.62 40.94 56.75 16.71 2.40 (15.64) 34.96 68.63 89.74
ROE (1.96) (15.67) (42.49) (46.09) (20.13) 0.67 292.63 115.09 105.78 61.55
Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

Blue Bird Corporation vs peers in Farm & Heavy Construction Machinery (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TEX Terex Corporation $6.0B 25.5× 17.6× +50.50% (above 0%: growing) −11.82% (below 0%: shrinking) +21.79% (above 0%: growing) 19.84% 8.36% Compare
ALG Alamo Group, Inc. $1.9B 18.2× 14.3× +7.55% (above 0%: growing) −0.77% (below 0%: shrinking) +147.74% (above 0%: growing) 24.59% 10.15% Compare
BLBD Blue Bird Corporation $1.8B 6.7× 14.9× +29.94% (above 0%: growing) +366.38% (above 0%: growing) −58.60% (below 0%: shrinking) 19.99% 12.12%
LNN Lindsay Corporation $1.2B 21.4× 22.2× −5.13% (below 0%: shrinking) −14.44% (below 0%: shrinking) −105.43% (below 0%: shrinking) 29.75% 11.52% Compare
ASTE Astec Industries, Inc. $892.9M 45.0× 21.3× +23.55% (above 0%: growing) −36.99% (below 0%: shrinking) −44.57% (below 0%: shrinking) 26.17% 5.00% Compare
AEBI Aebi Schmidt Holding AG $856.0M 34.9× 16.6× +78.73% (above 0%: growing) n/m +19.42% (above 0%: growing) 19.60% 5.45% Compare
MTW The Manitowoc Company, Inc. $783.3M 38.7× 31.2× +10.27% (above 0%: growing) +875.00% (above 0%: growing) +94.02% (above 0%: growing) 20.69% 5.23% Compare
HY Hyster-Yale, Inc. $582.6M — (loss-making) — (loss-making) −15.02% (below 0%: shrinking) n/m −84.57% (below 0%: shrinking) 15.70% (2.26%) Compare
WNC Wabash National Corporation $546.3M — (loss-making) — (loss-making) −9.06% (below 0%: shrinking) n/m +174.99% (above 0%: growing) 3.67% (6.06%) Compare
Median of peers $874.4M 30.2× 19.5× +8.91% −11.82% +20.61% 20.27% 5.34%

All 27 Farm & Heavy Construction Machinery stocks →

Blue Bird Corporation (BLBD) key facts

  • Strength: Blue Bird Corporation’s revenue for fiscal 2025 (year ended September 2025) was $1.5 billion, up 9.87% from fiscal 2024.
  • Blue Bird Corporation (BLBD) is a Farm & Heavy Construction Machinery company in the Industrials sector, listed on Nasdaq.
  • As of October 9, 2026, BLBD traded at $56.29, a market capitalization of $1.8 billion.
  • Return on equity was 61.6% and debt-to-equity 0.18.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 6.76 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Blue Bird Corporation (BLBD) Latest News

27 Jul

stockrow.com/BLBD · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com