Beacon Roofing Supply (BECN)

Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of roofing materials and complementary building products in North America, operating over 400 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon serves an extensive base of over 90,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT, and has a proprietary digital account management suite, Beacon PRO+, which allows customers to manage their businesses online.

Company profile

Ticker

BECN

Exchange

NASDAQ

Website

www.beaconroofingsupply.com

CEO

Julian Francis

Incorporated

Delaware

Location

Virginia

Fiscal year end

Dec 31

Sector

Wholesale Trade > Roofing, Siding, and Insulation Material Merchant Wholesalers

Industry (SIC)

Wholesale - Lumber & Other Construction Materials

Foundation Building Materials • GMS • Huttig Building Products • Aspen Aerogels • Boise Cascade • SG Blocks • Caduceus Software Systems ...

SEC CIK

0001124941

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Beacon Sales Acquisition, Inc. • Beacon Roofing Supply Canada Company ...

BECN stock data

1M 1Y 5Y

News

From Benzinga Pro

Where Beacon Roofing Supply Stands With Analysts

9 May 22

Beacon Roofing Supply (NASDAQ:BECN) has observed the following analyst ratings within the last quarter:

Raymond James Maintains Outperform on Beacon Roofing Supply, Raises Price Target to $75

9 May 22

Raymond James analyst Sam Darkatsh maintains Beacon Roofing Supply (NASDAQ:BECN) with a Outperform and raises the price target from $62 to $75.

Beacon Roofing Supply: Q2 Earnings Insights

5 May 22

Beacon Roofing Supply (NASDAQ:BECN) reported its Q2 earnings results on Thursday, May 5, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Beacon Roofing Supply Q2 EPS $0.61 Beats $0.51 Estimate, Sales $1.69B Beat $1.46B Estimate

5 May 22

Earnings Scheduled For May 5, 2022

5 May 22

Press releases

From Benzinga Pro

Beacon Reports First Quarter 2022 Results

5 May 22

Record first quarter performance including net sales, net income, and Adjusted EBITDA Strong net sales growth across all three lines of business driven by focused execution and strong end-market demand Productivity

Beacon Announces Digital Integration With AccuLynx

2 May 22

Customers benefit from a single platform to manage jobs and place material orders Beacon (NASDAQ:BECN) (the "Company") announced today that its digital integration with AccuLynx is live and immediately available to

Beacon Announces Acquisition of Wichita Falls Builders Wholesale

29 Apr 22

Expands Market Presence and Customer Service in North Texas Beacon (NASDAQ:BECN) (the "Company") announced today that it has acquired Wichita Falls Builders Wholesale, Inc. ("Builders Wholesale"), a distributor of

Beacon to Announce First Quarter 2022 Earnings on May 5, 2022

21 Apr 22

Beacon Expands Presence and Customer Service in California & Wisconsin

9 Mar 22

Analyst ratings and price targets

Last 3 months

Average target

$69.33

Low target

$66.00

High target

$75.00

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

6 May 22

24 May 22

31 Dec 22

Financial summary

Financial statements Chart BECN financial data

Quarter (USD)	Mar 22	Sep 21	Jun 21	Mar 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Sep 21	Sep 20	Sep 19	Sep 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	52.4M	52.4M	52.4M	52.4M	52.4M	52.4M
Cash burn (monthly)	69.2M	34.08M	(no burn)	(no burn)	54M	3.74M
Cash used (since last report)	122.87M	60.52M	n/a	n/a	95.88M	6.64M
Cash remaining	-70.47M	-8.12M	n/a	n/a	-43.48M	45.76M
Runway (months of cash)	-1.0	-0.2	n/a	n/a	-0.8	12.2

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

BECN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 May 22	James J Gosa	Common Stock, $0.01 par value	Sell	Dispose S	No	No	62.34	2,300	143.38K	4,901
19 May 22	James J Gosa	Common Stock, $0.01 par value	Sell	Dispose S	No	No	62.6	2,232	139.72K	7,201
19 May 22	James J Gosa	Common Stock, $0.01 par value	Option exercise	Acquire M	No	No	36.19	2,232	80.78K	9,433
19 May 22	James J Gosa	Stock Option Common Stock, $0.01 par value	Option exercise	Dispose M	No	No	36.19	2,232	80.78K	0
29 Apr 22	CD&R Investment Associates IX	Common Stock	Buy	Acquire P	Yes	No	58.697	102,219	6M	14,755,648
20 Apr 22	Lonegro Frank A	Common Stock, $0.01 par value	Payment of exercise	Dispose F	No	No	61.29	3,797	232.72K	25,043
20 Apr 22	Lonegro Frank A	Common Stock, $0.01 par value	Option exercise	Acquire M	No	No	0	14,991	0	28,840
20 Apr 22	Lonegro Frank A	RSU Common Stock, $0.01 par value	Option exercise	Dispose M	No	No	0	14,991	0	0
16 Mar 22	Clement Munroe Best III	Common Stock, $0.01 par value	Sell	Dispose S	No	Yes	63	4,000	252K	50,903
10 Mar 22	Berquist Carl T	RSU Common Stock, $0.01 par value	Grant	Acquire A	No	No	0	2,204	0	2,204

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

BECN institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	199	214	-7.0%
Opened positions	22	32	-31.3%
Closed positions	37	16	+131.3%
Increased positions	68	65	+4.6%
Reduced positions	82	78	+5.1%

13F shares	Current	Prev Q	Change
Total value	4.58B	4.46B	+2.8%
Total shares	103.46M	103.45M	+0.0%
Total puts	64.5K	204.7K	-68.5%
Total calls	114.8K	57.6K	+99.3%
Total put/call ratio	0.6	3.6	-84.2%

Largest owners	Shares	Value	Change
CD&R Boulder	24.35M	$0	+1.4%
Clayton, Dubilier & Rice	14.67M	$869.75M	+0.8%
FMR	10.15M	$601.75M	+17.0%
Vanguard	5.4M	$319.89M	-1.1%
Dimensional Fund Advisors	4.33M	$256.66M	-2.8%
Frontier Capital Management	3.79M	$120.16M	0.0%
BLK Blackrock	3.71M	$220.17M	-2.3%
American Century Companies	3.62M	$214.76M	+8.6%
American Century Investment Management	3.59M	$206.13M	0.0%
TROW T. Rowe Price	2.7M	$160.02M	+0.3%

Largest transactions	Shares	Bought/sold	Change
FMR	10.15M	+1.48M	+17.0%
Norges Bank	0	-522.79K	EXIT
Nuveen Asset Management	182.06K	-502.28K	-73.4%
CD&R Boulder	24.35M	+332.46K	+1.4%
Fiduciary Management	1.45M	+317.8K	+28.0%
American Century Companies	3.62M	+285.69K	+8.6%
Zweig-DiMenna Associates	0	-243.61K	EXIT
NMR Nomura	0	-179.6K	EXIT
Foundry Partners	80.66K	-172.97K	-68.2%
Fuller & Thaler Asset Management	1.99M	-169.67K	-7.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

GMS

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

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From filing 10-Q 2022 Q1

Financial reports

View all

Quarterly report for transitional period

4 Feb 22

10-K