Blue Bird Corporation (BLBD) Key Metrics

NASDAQ: BLBDValuation, returns, debt and efficiency ratios over 10 years.

BLBD valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$1.95B
Enterprise value
$1.84B
P/E (TTM)
6.8
10-yr median 22.0
Forward P/E
12.5
PEG ratio
1.13
Price / sales
1.2
10-yr median 0.6
Price / book
2.8
10-yr median 13.6
EV / EBITDA
5.3
10-yr median 12.0
Dividend yield
—
Beta
1.36

BLBD key metrics, FY2016–FY2025

Fiscal year ended September 30, 2025 · U.S. dollars

BLBD valuation Price multiples at each fiscal year-end price.

P/E ratio−2.2%
14.8
FY2025 · hover or tap a bar for each year
FY2016: 45.1 (+165.4%)FY2017: 17.8 (−60.6%)FY2018: 22.7 (+27.8%)FY2019: 21.2 (−6.9%)FY2020: 27.0 (+27.6%)FY2023: 28.9FY2024: 15.2 (−47.6%)FY2025: 14.8 (−2.2%)
FY2016FY2025
Price / sales+7.7%
1.3
FY2025 · hover or tap a bar for each year
FY2016: 0.3 (+20.9%)FY2017: 0.5 (+54.8%)FY2018: 0.7 (+32.2%)FY2019: 0.5 (−26.1%)FY2020: 0.4 (−25.9%)FY2021: 0.8 (+120.9%)FY2022: 0.3 (−60.9%)FY2023: 0.6 (+87.9%)FY2024: 1.2 (+95.3%)FY2025: 1.3 (+7.7%)
FY2016FY2025
Price / book−26.1%
7.4
FY2025 · hover or tap a bar for each year
FY2022: 187.4FY2023: 17.2 (−90.8%)FY2024: 10.0 (−41.8%)FY2025: 7.4 (−26.1%)
FY2016FY2025
EV / EBITDA−11.4%
9.1
FY2025 · hover or tap a bar for each year
FY2016: 12.0 (+37.8%)FY2017: 11.4 (−5.1%)FY2018: 18.4 (+61.5%)FY2019: 12.0 (−34.9%)FY2020: 12.6 (+5.1%)FY2021: 36.7 (+191.4%)FY2023: 12.4FY2024: 10.3 (−17.0%)FY2025: 9.1 (−11.4%)
FY2016FY2025
Price / free cash flow−26.0%
12.3
FY2025 · hover or tap a bar for each year
FY2016: 20.1 (+43.6%)FY2017: 13.3 (−33.5%)FY2018: 43.2 (+223.5%)FY2019: 25.5 (−41.0%)FY2023: 6.2FY2024: 16.7 (+169.9%)FY2025: 12.3 (−26.0%)
FY2016FY2025
Free cash flow yield+2.1 pts
8.1%
FY2025 · hover or tap a bar for each year
FY2016: 5.0% (−2.2 pts)FY2017: 7.5% (+2.5 pts)FY2018: 2.3% (−5.2 pts)FY2019: 3.9% (+1.6 pts)FY2020: −4.7% (−8.6 pts)FY2021: −11.7% (−7.0 pts)FY2022: −11.9% (−0.2 pts)FY2023: 16.2% (+28.1 pts)FY2024: 6.0% (−10.2 pts)FY2025: 8.1% (+2.1 pts)
FY2016FY2025

BLBD valuation history

Fiscal year-endToday10-year median

BLBD returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

BLBD debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

BLBD cash returned to shareholders

DividendsBuybacksFree cash flow

BLBD price vs earnings per share

Share price at year-endEPS (right axis)

BLBD key metrics

FY2016–FY2025
Blue Bird Corporation key metrics by fiscal year
FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Valuation
Market capitalization$1.89B$1.60B$688.7M$259.0M$566.1M$329.4M$514.8M$701.1M$512.5M$311.4M
Enterprise value$1.75B$1.57B$741.6M$423.0M$775.2M$467.2M$632.8M$783.0M$601.1M$411.2M
P/E ratio14.815.228.9——27.021.222.717.845.1
Price / sales1.31.20.60.30.80.40.50.70.50.3
Price / book7.410.017.2187.4——————
Price / free cash flow12.316.76.2———25.543.213.320.1
Price / operating cash flow10.714.45.7——95.29.214.510.812.4
EV / sales1.21.20.70.51.10.50.60.80.60.4
EV / EBITDA9.110.312.4—36.712.612.018.411.412.0
EV / free cash flow11.416.46.7———31.348.215.726.5
Earnings yield6.7%6.6%3.5%−17.7%−0.1%3.7%4.7%4.4%5.6%2.2%
Free cash flow yield8.1%6.0%16.2%−11.9%−11.7%−4.7%3.9%2.3%7.5%5.0%
Dividend yield——0.2%——0.2%0.3%0.3%0.8%0.9%
Shareholder yield (dividends + buybacks)2.6%0.7%0.2%0.7%0.1%1.3%10.1%4.1%7.5%2.2%
Share price at fiscal year-end$57.55$47.96$21.35$8.35$20.86$12.16$19.04$24.50$20.60$14.61
Per share
Revenue per share$45.01$40.40$35.12$25.81$25.20$32.46$37.67$35.82$39.82$43.72
Earnings per share$3.88$3.16$0.74−$1.48−$0.01$0.45$0.90$1.08$1.16$0.32
Operating cash flow per share$5.36$3.33$3.72−$0.79−$2.00$0.13$2.06$1.69$1.92$1.18
Free cash flow per share$4.66$2.87$3.45−$1.00−$2.45−$0.57$0.75$0.57$1.54$0.73
Cash per share$6.97$3.83$2.45$0.34$0.43$1.64$2.62$2.11$2.52$2.45
Book value per share$7.77$4.78$1.24$0.04−$1.20−$1.97−$2.51−$0.99−$2.35−$4.08
Tangible book value per share$5.93$2.91−$0.75−$2.09−$3.72−$4.57−$5.23−$3.59−$5.42−$7.75
Dividends per share——$0.03——$0.02$0.06$0.07$0.17$0.14
Capex per share$0.70$0.46$0.26$0.21$0.45$0.70$1.31$1.12$0.37$0.45
Debt per share$2.75$2.88$4.09$5.62$8.14$6.73$6.99$4.97$6.08$7.14
Shares outstanding32.9M33.3M32.3M31.0M27.1M27.1M27.0M28.6M24.9M21.3M
Change in shares outstanding−1.4%+3.4%+4.0%+14.3%+0.2%+0.2%−5.5%+15.0%+16.7%−16.4%
Returns & profitability
Return on equity (ROE)61.6%105.8%115.1%———————
Return on invested capital (ROIC)101.8%96.0%29.1%−18.8%3.9%29.0%64.4%83.9%196.5%106.9%
Return on assets (ROA)22.2%22.4%6.1%−12.7%−0.1%3.6%7.2%10.2%10.0%2.5%
Return on tangible assets22.6%22.8%6.7%−15.3%−0.1%4.9%8.3%13.2%13.1%3.5%
Free cash flow margin10.4%7.1%9.8%−3.9%−9.7%−1.8%2.0%1.6%3.9%1.7%
Income quality (OCF / net income)1.381.055.04——0.282.291.571.653.64
Financial health
Total debt$90.3M$96.0M$131.9M$174.5M$220.8M$182.3M$188.9M$142.1M$151.2M$152.1M
Cash & short-term investments$229.3M$127.7M$79.0M$10.5M$11.7M$44.5M$71.0M$60.3M$62.6M$52.3M
Net debt−$139.0M−$31.7M$52.9M$164.0M$209.1M$137.8M$118.0M$81.9M$88.6M$99.8M
Debt / equity0.350.603.30126.25——————
Debt / assets0.140.180.320.480.620.570.520.460.510.55
Net debt / EBITDA−0.72−0.210.89—9.893.712.231.921.682.91
Current ratio1.741.371.031.061.251.051.011.011.161.07
Quick ratio1.150.830.440.190.250.540.550.620.610.66
Interest coverage23.213.22.9-2.80.71.83.45.38.21.6
Working capital$174.8M$87.4M$6.4M$9.7M$31.3M$5.2M$2.4M$986,000$21.7M$9.6M
Invested capital$116.4M$127.9M$92.9M$165.4M$176.5M$84.6M$50.2M$53.5M$30.1M$12.8M
Tangible asset value$194.9M$97.2M−$24.3M−$64.9M−$100.9M−$123.7M−$141.4M−$102.6M−$134.8M−$165.3M
Net current asset value$41.8M−$42.0M−$141.7M−$190.3M−$232.6M−$253.7M−$261.1M−$185.9M−$193.9M−$224.7M
Graham number$26.05$18.46$4.54———————
Graham net-net per share−$1.68−$3.88−$6.87−$8.81−$11.31−$10.79−$11.65−$7.99−$9.89−$12.69
Capital allocation
Dividends paid——$1.1M——$672,000$1.5M$1.9M$4.3M$2.9M
Share buybacks (net)$49.4M$11.1M$376,000$1.7M$517,000$3.6M$50.4M$26.6M$34.3M$3.9M
Dividend payout ratio——4.7%——5.5%6.2%6.2%14.8%41.8%
Dividends + buybacks / free cash flow32.2%11.6%1.3%———256.9%175.4%100.5%43.6%
Capex / revenue1.5%1.1%0.8%0.8%1.8%2.2%3.5%3.1%0.9%1.0%
Capex / operating cash flow13.0%13.7%7.1%——548.4%63.8%66.4%19.4%38.2%
Capex / depreciation1.471.030.530.460.911.323.423.551.131.19
Stock-based compensation / revenue1.0%0.6%0.4%0.5%0.9%0.5%0.4%0.3%0.1%1.4%
R&D / revenue1.0%—0.6%0.8%0.8%0.7%1.1%0.8%0.7%0.6%
SG&A / revenue9.2%8.7%7.7%9.6%9.6%8.4%7.7%7.7%7.4%10.4%
Efficiency
Days sales outstanding9.89.74.05.14.73.86.26.15.66.7
Days of inventory on hand41.544.051.164.154.231.528.127.027.523.4
Days payables outstanding45.746.945.043.038.737.340.837.035.536.4
Cash conversion cycle (days)5.66.810.126.120.2-1.9-6.6-3.9-2.4-6.3
Receivables turnover37.1237.5990.2371.1677.7796.8358.8959.9165.0454.73
Payables turnover7.997.788.118.489.429.808.949.8610.2810.03
Inventory turnover8.808.297.145.706.7311.5713.0113.5313.2815.59
Asset turnover2.572.862.892.222.032.583.033.403.453.42
Average receivables$39.9M$35.8M$12.6M$11.3M$8.8M$9.1M$17.3M$17.1M$15.2M$17.0M
Average payables$147.3M$140.1M$122.5M$90.1M$64.9M$79.9M$99.0M$91.6M$84.0M$80.0M
Average inventory$133.6M$131.5M$139.1M$134.1M$90.9M$67.7M$68.1M$66.7M$65.0M$51.5M
Intangibles / total assets9.7%11.9%15.4%18.1%19.2%22.2%20.1%24.2%25.8%28.2%

Computed from BLBD's annual financial statements (latest annual report filed November 24, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

BLBD valuation and financial ratios

At the end of fiscal 2025 (September 30, 2025), Blue Bird traded at 14.8 times earnings, against a 10-year median of 22.0. Based on the latest twelve months, the trailing P/E is 6.8 and the forward P/E is 12.5. Blue Bird earned a return on equity of 61.6% and a return on invested capital of 101.8% in fiscal 2025. It ended the year with $90.3 million of debt and $229.3 million in cash and short-term investments, a net cash position of $139.0 million. It returned $49.4 million to shareholders: $0 in dividends and $49.4 million in share buybacks, 32% of free cash flow. The share count rose 54.3% from 21.3M to 32.9M over 9 years.

See the BLBD income statement, the BLBD chart for price history, or the BLBD stock overview for the latest quote and news.

BLBD key metrics FAQ

What is Blue Bird's P/E ratio?

Blue Bird's trailing P/E ratio is 6.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 12.5. At the end of fiscal 2025 it was 14.8, compared with a 10-year median of 22.0.

What is Blue Bird's EV/EBITDA?

Blue Bird's enterprise value was 9.1 times EBITDA at the end of fiscal 2025 (enterprise value $1.8 billion, EBITDA $192.4 million); the current EV/EBITDA is 5.3.

What is Blue Bird's return on equity?

Blue Bird's return on equity (ROE) was 61.6% in fiscal 2025: net income of $127.7 million on average shareholders' equity of $207.5 million.

What is Blue Bird's ROIC?

Blue Bird's return on invested capital was 101.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Blue Bird have?

Blue Bird had total debt of $90.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.35 and more cash than debt.

Does Blue Bird buy back its shares?

Yes. Blue Bird spent $49.4 million on net share repurchases in fiscal 2025 Shares outstanding changed −1.4% over the year, to 32.9M..

What is Blue Bird's free cash flow yield?

Blue Bird generated $153.3 million of free cash flow in fiscal 2025, a free cash flow yield of 8.1% on its market value at year-end ($1.9 billion).

What is Blue Bird's current ratio?

Blue Bird's current ratio was 1.74 at the end of fiscal 2025: current assets were 1.74 times current liabilities.

Farm & Heavy Construction Machinery key metrics