Gms Inc (GMS) Financials
Newest figures come from the 10-Q for Q1 FY2026, filed Aug 28, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GMS SEC filings page.
Gms Inc (GMS) reported $5.5B in revenue over the twelve months to Jul 31, 2025, down 1.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Stable sales are encountering margin compression and rising overhead, converting a flat top line into sharply weaker earnings and returns.
FY2025’s gross profit slipped to$1.72B while SG&A climbed to$1.27B . The combination pushed operating margin to4.7% from8.1% in FY2024, indicating the profit hit came from both weaker gross economics and reduced cost absorption.
Operating cash flow of
The balance sheet’s long-term leverage was broadly steady: debt-to-equity was 0.8x in both FY2024 and FY2025. Meanwhile, the current ratio narrowed from 2.2x to 1.9x, indicating a smaller short-term cushion rather than a leverage surge; equity also declined alongside
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Gms Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Gms Inc has an operating margin of 4.7%, meaning the company retains $5 of operating profit per $100 of revenue. This results in a moderate score of 61/100, indicating healthy but not exceptional operating efficiency. This is down from 8.1% the prior year.
Gms Inc's revenue grew a modest 0.2% year-over-year to $5.5B. This slow but positive growth earns a score of 37/100.
Gms Inc has elevated debt relative to equity (D/E of 0.85), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 24/100, reflecting increased financial risk.
Gms Inc's current ratio of 1.91 indicates adequate short-term liquidity, earning a score of 56/100. The company can meet its near-term obligations, though with limited headroom.
Gms Inc has a free cash flow margin of 6.1%, earning a moderate score of 52/100. The company generates positive cash flow after capital investments, but with room for improvement.
Gms Inc earns a strong 8.1% return on equity (ROE), meaning it generates $8 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 74/100. This is down from 18.9% the prior year.
Gms Inc scores 3.40, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Gms Inc passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Gms Inc generates $3.32 in operating cash flow ($383.6M OCF vs $115.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Gms Inc earns $2.89 in operating income for every $1 of interest expense ($257.6M vs $89.1M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Gms Inc generated $1.4B in revenue in Q1 2026. This represents a decrease of 2.4% from the same quarter a year earlier. Against the prior quarter it is up 6.0%.
Gms Inc's EBITDA was $122.1M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 10.5% from the same quarter a year earlier.
Gms Inc reported $43.6M in net income in Q1 2026. This represents a decrease of 23.9% from the same quarter a year earlier. Against the prior quarter it is up 66.9%.
Gms Inc earned $1.13 per diluted share (EPS) in Q1 2026. This represents a decrease of 20.4% from the same quarter a year earlier. Against the prior quarter it is up 68.7%.
Cash & Balance Sheet
Gms Inc recorded an outflow of $39.4M in free cash flow in Q1 2026, representing a cash shortfall after capex. This represents a decrease of 23.4% from the same quarter a year earlier. Against the prior quarter it is down 121.5%.
Gms Inc held $39.9M in cash against $1.3B in long-term debt as of Q1 2026.
Not reported for Q1 2026.
Margins & Returns
Gms Inc's gross margin was 30.9% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is down 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.4 percentage points.
Gms Inc's operating margin was 5.7% in Q1 2026, reflecting core business profitability. This is down 1.1 percentage points from the same quarter a year earlier.
Gms Inc's net profit margin was 3.1% in Q1 2026, showing the share of revenue converted to profit. This is down 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.
Gms Inc's ROE was 3.0% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.2 percentage points.
Capital Allocation
Gms Inc spent $12.9M on share buybacks in Q1 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 72.4% from the same quarter a year earlier. Against the prior quarter it is down 51.7%.
Gms Inc invested $8.4M in capex in Q1 2026, funding long-term assets and infrastructure. This represents a decrease of 5.9% from the same quarter a year earlier. Against the prior quarter it is down 37.0%.
Not reported for Q1 2026.
GMS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-K | Q1'2510-Q | Q4'2410-K | Q3'2410-K | Q2'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B-2.4% | $1.3B-5.6% | $1.3B+0.2% | $1.5B+3.5% | $1.4B+2.8% | $1.4B+8.4% | $1.3B+1.9% | $1.4B-0.7% |
| Cost of Revenue | $977.8M-1.9% | N/A | $867.6M+2.8% | $1.0B+4.9% | $996.9M+3.9% | N/A | $843.6M+1.4% | $962.3M-0.4% |
| Gross Profit | $436.5M-3.3% | $416.2M-7.7% | $393.1M-5.2% | $461.1M+0.5% | $451.6M+0.2% | $451.2M+6.3% | $414.7M+3.1% | $458.6M-1.3% |
| SG&A Expenses | $314.4M-0.2% | N/A | $310.8M+5.1% | $324.2M+7.8% | $315.2M+9.9% | N/A | $295.7M+10.6% | $300.9M+7.8% |
| Operating Income | $81.2M-17.4% | N/A | $4.8M-94.5% | $94.8M-24.0% | $98.4M-25.3% | N/A | $86.2M-16.6% | $124.8M-18.6% |
| EBITDA | $122.1M-10.5% | N/A | $47.2M-60.3% | $136.9M-13.2% | $136.4M-16.7% | N/A | $119.0M-11.7% | $157.7M-15.0% |
| Interest Expense | $21.1M-5.2% | N/A | $23.1M+22.8% | $23.7M+26.4% | $22.2M+17.4% | N/A | $18.8M+10.9% | $18.7M+16.7% |
| Income Tax | $17.5M-16.4% | N/A | $4.2M-76.1% | $18.9M-30.6% | $20.9M-21.7% | N/A | $17.5M-26.3% | $27.2M-24.4% |
| Net Income | $43.6M-23.9% | $26.1M-53.7% | -$21.4M-141.2% | $53.5M-33.9% | $57.2M-34.1% | $56.4M-25.4% | $51.9M-19.9% | $81.0M-21.5% |
| EPS (Basic) | $1.14-21.4% | $0.68-52.1% | -$0.55-142.3% | $1.37-31.5% | $1.45-31.9% | $1.42-22.4% | $1.30-16.7% | $2.00-18.0% |
| EPS (Diluted) | $1.13-20.4% | $0.67-51.8% | -$0.55-143.0% | $1.35-31.5% | $1.42-32.1% | $1.39-22.8% | $1.28-16.3% | $1.97-18.3% |
| Diluted Shares (Avg) | 39M-4.0% | 39M-4.3% | 39M-4.5% | 40M-3.4% | 40M-3.0% | 41M-3.3% | 41M-4.1% | 41M-4.2% |
Not reported in any period shown, so not listed: R&D Expenses.
GMS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-K | Q1'2510-Q | Q4'2410-K | Q3'2410-K | Q2'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.8B-1.2% | $3.8B+1.9% | $3.8B+15.9% | $4.0B+21.4% | $3.9B+18.0% | $3.8B+15.1% | $3.3B+1.2% | $3.3B+2.1% |
| Current Assets | $1.5B-5.8% | $1.5B-7.3% | $1.5B-0.6% | $1.7B+7.9% | $1.6B+6.4% | $1.6B+5.8% | $1.5B-4.3% | $1.5B-3.1% |
| Cash & Equivalents | $39.9M-24.9% | $55.6M-66.5% | $59.0M-33.2% | $83.9M+9.7% | $53.2M-34.7% | $166.1M+0.9% | $88.3M-52.7% | $76.5M-38.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $583.8M-3.9% | $586.2M+0.9% | $599.3M+2.9% | $594.3M+6.2% | $607.4M+4.2% | $580.8M+0.9% | $582.6M-0.7% | $559.4M-2.9% |
| Accounts Receivable | $733.3M-5.5% | $706.9M-3.0% | $639.2M-2.5% | $759.3M+4.4% | $776.2M+8.0% | $729.0M+4.2% | $655.7M+1.0% | $727.0M-0.8% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $882.5M-0.9% | $881.3M+3.2% | $870.0M+20.3% | $936.5M+30.0% | $890.7M+23.7% | $853.8M+21.8% | $723.0M+4.2% | $720.3M+4.3% |
| Total Liabilities | $2.4B-1.2% | $2.4B+4.9% | $2.4B+29.5% | $2.6B+31.7% | $2.4B+24.5% | $2.3B+15.4% | $1.9B-7.5% | $1.9B-6.0% |
| Current Liabilities | $728.5M+2.9% | $797.6M+5.4% | $648.2M+3.8% | $748.7M+12.4% | $708.2M+9.3% | $757.0M+7.2% | $624.4M+0.8% | $666.3M-2.1% |
| Non-Current Liabilities | $1.7B-2.9% | $1.6B+4.6% | $1.8B+42.6% | $1.8B+41.9% | $1.7B+32.2% | $1.5B+19.9% | $1.2B-11.2% | $1.3B-7.9% |
| Long-Term Debt | $1.3B-5.3% | $1.2B-1.9% | $1.4B+37.7% | $1.4B+38.7% | $1.3B+26.6% | $1.2B+17.7% | $982.7M-16.0% | $1.0B-11.9% |
| Total Equity | $1.5B-1.3% | $1.4B-2.8% | $1.4B-1.8% | $1.5B+6.8% | $1.5B+8.5% | $1.5B+14.6% | $1.4B+15.3% | $1.4B+16.2% |
| Retained Earnings | $1.3B+8.4% | $1.3B+10.0% | $1.2B+13.2% | $1.3B+20.9% | $1.2B+25.5% | $1.2B+31.3% | $1.1B+36.7% | $1.0B+41.6% |
GMS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-K | Q1'2510-Q | Q4'2410-K | Q3'2410-K | Q2'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$30.9M-34.9% | $196.8M-3.7% | $94.1M-9.7% | $115.6M-2.1% | -$22.9M-445.1% | $204.2M-0.3% | $104.3M-22.2% | $118.1M+10.1% |
| Depreciation & Amortization | $40.9M+7.6% | $41.6M+16.9% | $42.4M+29.3% | $42.1M+27.8% | $38.0M+18.8% | $35.6M+15.5% | $32.8M+4.4% | $32.9M+2.2% |
| Stock-Based Compensation | $4.7M+8.2% | N/A | $3.4M-3.8% | $4.9M-3.6% | $4.3M-13.2% | N/A | $3.6M+8.3% | $5.1M+35.2% |
| Capital Expenditures | $8.4M-5.9% | $13.4M-23.5% | $11.0M+8.4% | $14.1M-12.1% | $9.0M-33.7% | $17.5M-9.8% | $10.2M-12.1% | $16.0M+49.2% |
| Free Cash Flow | -$39.4M-23.4% | $183.4M-1.8% | $83.1M-11.7% | $101.5M-0.6% | -$31.9M-363.1% | $186.7M+0.7% | $94.1M-23.2% | $102.1M+5.8% |
| Investing Cash Flow | -$8.6M+93.2% | -$11.8M+96.5% | $5.5M+158.2% | -$107.0M-231.4% | -$126.2M-144.9% | -$337.6M-467.7% | -$9.4M+67.2% | -$32.3M-219.0% |
| Financing Cash Flow | $23.9M-32.3% | -$189.3M-189.2% | -$123.6M-47.4% | $22.4M+125.0% | $35.3M+190.2% | $212.2M+227.3% | -$83.9M-91.6% | -$89.7M-15.9% |
| Share Buybacks | $12.9M-72.4% | $26.6M+64.7% | $39.7M+59.0% | $52.6M+18.1% | $46.6M+51.4% | $16.1M-42.4% | $24.9M-24.9% | $44.6M+72.9% |
Not reported in any period shown, so not listed: Dividends Paid.
GMS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-K | Q1'2510-Q | Q4'2410-K | Q3'2410-K | Q2'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.9%-0.3pp | 31.2%-0.7pp | 31.2%-1.8pp | 31.4%-0.9pp | 31.2%-0.8pp | 31.9%-0.6pp | 33.0%+0.4pp | 32.3%-0.2pp |
| Operating Margin | 5.7%-1.1pp | N/A | 0.4%-6.5pp | 6.5%-2.3pp | 6.8%-2.6pp | N/A | 6.9%-1.5pp | 8.8%-1.9pp |
| Net Margin | 3.1%-0.9pp | 2.0%-2.0pp | -1.7%-5.8pp | 3.6%-2.1pp | 4.0%-2.2pp | 4.0%-1.8pp | 4.1%-1.1pp | 5.7%-1.5pp |
| Return on Equity | 3.0%-0.9pp | 1.8%-2.0pp | -1.5%-5.2pp | 3.6%-2.2pp | 3.9%-2.5pp | 3.9%-2.1pp | 3.7%-1.6pp | 5.9%-2.8pp |
| Return on Assets | 1.1%-0.3pp | 0.7%-0.8pp | -0.6%-2.2pp | 1.3%-1.1pp | 1.5%-1.2pp | 1.5%-0.8pp | 1.6%-0.4pp | 2.4%-0.7pp |
| Current Ratio | 2.11-0.2x | 1.91-0.3x | 2.30-0.1x | 2.23-0.1x | 2.31-0.1x | 2.170.0x | 2.40-0.1x | 2.320.0x |
| Debt-to-Equity | 0.870.0x | 0.850.0x | 0.97+0.3x | 0.97+0.2x | 0.90+0.1x | 0.840.0x | 0.69-0.3x | 0.75-0.2x |
| Asset Turnover | 0.370.0x | 0.350.0x | 0.33-0.1x | 0.37-0.1x | 0.37-0.1x | 0.380.0x | 0.380.0x | 0.430.0x |
| FCF Margin | -2.8%-0.6pp | 13.8%+0.5pp | 6.6%-0.9pp | 6.9%-0.3pp | -2.2%-1.7pp | 13.2%-1.0pp | 7.5%-2.4pp | 7.2%+0.4pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Gms Inc GMS | FY2025 | $5.5B | $115.5M | 2.1% | $4.2B | 51/100 |
| Griffon Corp GFF | FY2025 | $2.5B | $51.1M | 2.0% | $4.5B | 50/100 |
| Louisiana Pacif LPX | FY2025 | $2.7B | $146.0M | 5.4% | $4.8B | 62/100 |
| Fortune Brands Innovations Inc FBIN | FY2025 | $4.5B | $298.8M | 6.7% | $5.1B | 53/100 |
| Aaon Inc AAON | FY2025 | $1.4B | $107.6M | 7.5% | $6.5B | 58/100 |
| Trex Co TREX | FY2025 | $1.2B | $190.4M | 16.2% | $4.6B | 63/100 |
Where Gms Inc Ranks
Frequently Asked Questions
What is Gms Inc's annual revenue?
Gms Inc (GMS) reported $5.5B in total revenue for fiscal year 2025. This represents a 0.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Gms Inc's revenue growing?
Gms Inc (GMS) revenue grew by 0.2% year-over-year, from $5.5B to $5.5B in fiscal year 2025.
Is Gms Inc profitable?
Yes, Gms Inc (GMS) reported a net income of $115.5M in fiscal year 2025, with a net profit margin of 2.1%.
What is Gms Inc's EBITDA?
Gms Inc (GMS) had EBITDA of $421.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Gms Inc have?
As of fiscal year 2025, Gms Inc (GMS) had $55.6M in cash and equivalents against $1.2B in long-term debt.
What is Gms Inc's gross margin?
Gms Inc (GMS) had a gross margin of 31.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Gms Inc's operating margin?
Gms Inc (GMS) had an operating margin of 4.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Gms Inc's net profit margin?
Gms Inc (GMS) had a net profit margin of 2.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Gms Inc's return on equity (ROE)?
Gms Inc (GMS) has a return on equity of 8.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Gms Inc's free cash flow?
Gms Inc (GMS) generated $336.1M in free cash flow during fiscal year 2025. This represents a -10.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Gms Inc's operating cash flow?
Gms Inc (GMS) generated $383.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Gms Inc's total assets?
Gms Inc (GMS) had $3.8B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Gms Inc's capital expenditures?
Gms Inc (GMS) invested $47.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Gms Inc's current ratio?
Gms Inc (GMS) had a current ratio of 1.91 as of fiscal year 2025, which is generally considered healthy.
What is Gms Inc's debt-to-equity ratio?
Gms Inc (GMS) had a debt-to-equity ratio of 0.85 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Gms Inc's return on assets (ROA)?
Gms Inc (GMS) had a return on assets of 3.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Gms Inc's Altman Z-Score?
Gms Inc (GMS) has an Altman Z-Score of 3.40, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Gms Inc's Piotroski F-Score?
Gms Inc (GMS) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Gms Inc's earnings high quality?
Gms Inc (GMS) has an earnings quality ratio of 3.32x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Gms Inc cover its interest payments?
Gms Inc (GMS) has an interest coverage ratio of 2.89x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Gms Inc?
Gms Inc (GMS) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.