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
Website
CEO
Julian Francis
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Beacon Sales Acquisition, Inc. • Beacon Roofing Supply Canada Company • SCE Waterproofing Holdings, Inc. ...
BECN stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-K
2022 FY
Annual report
24 Feb 23
8-K
Beacon Reports Fourth Quarter and Full Year 2022 Results
23 Feb 23
8-K
Beacon Appoints Racquel Harris Mason to Its Board of Directors
21 Feb 23
8-K
Departure of Directors or Certain Officers
17 Feb 23
10-Q
2022 Q3
Quarterly report
4 Nov 22
8-K
Beacon Reports Third Quarter 2022 Results
3 Nov 22
8-K
Beacon Appoints Melanie M. Hart to Its Board of Directors
20 Sep 22
10-Q
2022 Q2
Quarterly report
5 Aug 22
8-K
Beacon Reports Second Quarter 2022 Results
4 Aug 22
10-Q
2022 Q1
Quarterly report
6 May 22
Transcripts
BECN
Earnings call transcript
2022 Q4
23 Feb 23
BECN
Earnings call transcript
2022 Q3
3 Nov 22
BECN
Earnings call transcript
2022 Q2
6 Aug 22
BECN
Earnings call transcript
2022 Q1
7 May 22
BECN
Earnings call transcript
2021 Q4
4 Feb 22
BECN
Earnings call transcript
2021 Q4
19 Nov 21
BECN
Earnings call transcript
2021 Q3
8 Aug 21
BECN
Earnings call transcript
2021 Q2
9 May 21
BECN
Earnings call transcript
2021 Q1
9 Feb 21
BECN
Earnings call transcript
2020 Q4
19 Nov 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Sep 21 | Sep 20 | Sep 19 | |
|---|---|---|---|---|---|
| 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) | 67.70 mm | 67.70 mm | 67.70 mm | 67.70 mm | 67.70 mm | 67.70 mm |
| Cash burn (monthly) | 5.73 mm | 16.03 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 17.31 mm | 48.38 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 50.39 mm | 19.32 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 8.8 | 1.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 234 |
| Opened positions | 47 |
| Closed positions | 35 |
| Increased positions | 71 |
| Reduced positions | 81 |
| 13F shares | Current |
|---|---|
| Total value | 3.34 tn |
| Total shares | 96.34 mm |
| Total puts | 71.60 k |
| Total calls | 27.70 k |
| Total put/call ratio | 2.6 |
| Largest owners | Shares | Value |
|---|---|---|
| CD&R Boulder | 24.66 mm | $1.39 bn |
| Clayton, Dubilier & Rice | 14.98 mm | $790.97 bn |
| FMR | 6.46 mm | $340.92 bn |
| Vanguard | 4.77 mm | $251.76 bn |
| Dimensional Fund Advisors | 4.01 mm | $211.34 bn |
| American Century Investment Management | 3.99 mm | $0.00 |
| American Century Companies | 3.65 mm | $192.43 bn |
| BLK Blackrock | 3.54 mm | $187.14 bn |
| T. Rowe Price Investment Management | 3.49 mm | $184.11 bn |
| Fiduciary Management | 1.76 mm | $92.70 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 10 Mar 23 | Robert M Mclaughlin | Common Stock, $0.01 par value | Option exercise | Acquire M | No | No | 0 | 2,204 | 0.00 | 25,456 |
| 10 Mar 23 | Robert M Mclaughlin | RSU Common Stock, $0.01 par value | Option exercise | Dispose M | No | No | 0 | 2,204 | 0.00 | 0 |
| 10 Mar 23 | Alan Gershenhorn | Common Stock, $0.01 par value | Option exercise | Acquire M | No | No | 0 | 2,204 | 0.00 | 4,957 |
| 10 Mar 23 | Alan Gershenhorn | RSU Common Stock, $0.01 par value | Option exercise | Dispose M | No | No | 0 | 2,204 | 0.00 | 0 |
| 10 Mar 23 | Randle Stuart A | Common Stock, $0.01 par value | Option exercise | Acquire M | No | No | 0 | 2,204 | 0.00 | 41,716 |
| 10 Mar 23 | Randle Stuart A | RSU Common Stock, $0.01 par value | Option exercise | Dispose M | No | No | 0 | 2,204 | 0.00 | 0 |
| 10 Mar 23 | Neil S Novich | Common Stock, $0.01 par value | Option exercise | Acquire M | No | No | 0 | 2,204 | 0.00 | 25,592 |
| 10 Mar 23 | Neil S Novich | RSU Common Stock, $0.01 par value | Option exercise | Dispose M | No | No | 0 | 2,204 | 0.00 | 0 |
News
Benzinga's Top Ratings Upgrades, Downgrades For March 10, 2023
10 Mar 23
Zelman & Assoc Downgrades Beacon Roofing Supply to Sell
10 Mar 23
Analyst Ratings for Beacon Roofing Supply
27 Feb 23
Deutsche Bank Maintains Buy on Beacon Roofing Supply, Raises Price Target to $85
27 Feb 23
Baird Maintains Neutral on Beacon Roofing Supply, Raises Price Target to $76
27 Feb 23
Press releases
Beacon Reports Fourth Quarter and Full Year 2022 Results
23 Feb 23
Beacon Appoints Racquel Harris Mason to Its Board of Directors
21 Feb 23
Beacon Appoints Dan Worley as Vice President, Environment, Health & Safety
23 Jan 23
Beacon Poised to Serve More Contractors in Georgia
9 Jan 23
Beacon Announces Acquisition of Whitney Building Products
3 Jan 23