BLBD - NASDAQ

Blue Bird Corporation

BLBD·NASDAQ

$72.43

+4.5%

Consumer CyclicalAuto - Manufacturers

Blue Bird Corporation designs, engineers, manufactures, and sells school buses and related parts in the United States, Canada, and internationally. It operates through two segments, Bus and Parts. The company offers Type C, Type D, and specialty buses; and alternative fuel applications through its propane powered, gasoline powered, compressed natural gas powered, and electric powered school buses. Blue Bird Corporation sells its products through a network of dealers, as well as directly to fleet operators, the United States government, and state governments; and maintains a parts distribution center. Blue Bird Corporation was formerly known as Hennessy Capital Acquisition Corp. The company was founded in 1927 and is headquartered in Macon, Georgia.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$2.29B

EPS4.0100

P/E Ratio18.06

Earnings Date08/05/2026

625.25M

Assets

19%

3Y+71.0%

5Y+97.0%

10Y+125.0%

369.84M

Total Liabilities

3Y+1.0%

5Y-

10Y+1.0%

255.41M

Total Equity

60%

3Y+18382.0%

5Y-580.0%

10Y-394.0%

Blue Bird Corporation Funding & Solvency Profile

BLBD · NASDAQ

Current Assets

Cash & Cash Equivalents229.31M

Net Receivables20.65M

Inventory139.47M

Other Current Assets22.20M

Total Current Assets412 M

Non-Current Assets

Property, Plant & Equipment108.54M

Goodwill & Intangible Assets60.51M

Long-Term Investments35.20M

Other Non-Current Assets6.68M

Total Non-Current Assets150 M

Total Assets

625.25M

Financial Health Analysis

Current Ratio

1.74x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

1.45x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

175 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

66% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Blue Bird Corporation Balance Sheet

BLBD • NASDAQ

Blue Bird Corporation Balance Sheet	Sep 2025	Sep 2024	Sep 2023	Oct 2022	Oct 2021	Oct 2020	Sep 2019	Sep 2018	Sep 2017	Oct 2016	Oct 2015	Dec 2014	Sep 2013	Sep 2012
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	229.3M	127.7M	79M	10.5M	11.7M	44.5M	71M	60.3M	62.6M	52.3M	52.9M	2K	46.6M	39.2M
Cash & Short-Term Investments	229.3M	127.7M	79M	10.5M	11.7M	44.5M	71M	60.3M	62.6M	52.3M	52.9M	2K	46.6M	39.2M
Net Receivables	20.7M	59.1M	12.6M	12.5M	10M	7.6M	10.5M	24.1M	10.1M	20.3M	13.7M	0.0	13.5M	9.3M
Accounts Receivables	20.7M	59.1M	12.6M	12.5M	10M	7.6M	10.5M	24.1M	10.1M	20.3M	13.7M	21.2M	13.5M	0.0
Inventory	139.5M	127.8M	135.3M	143M	125.2M	56.5M	78.8M	57.3M	76.2M	53.8M	49.2M	71.3M	62.6M	55.4M
Prepaids	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	18K	0.0	0.0
Other Current Assets	22.2M	8.8M	9.2M	8.5M	9.2M	8.2M	11.8M	8.2M	11.5M	13.7M	13.1M	0.0	6.2M	5M
Total Current Assets	411.6M	323.4M	236.1M	174.5M	156.1M	116.9M	172.1M	149.8M	160.4M	140.1M	128.9M	348K	128.8M	108.9M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	108.5M	97.7M	96.1M	102.3M	111M	110.4M	104.7M	66.1M	34.7M	33.5M	28.9M	29.9M	31.9M	34.6M
Goodwill	18.8M	18.8M	18.8M	18.8M	18.8M	18.8M	18.8M	18.8M	18.8M	18.8M	18.8M	18.8M	18.8M	18.8M
Intangible Assets	41.7M	43.6M	45.4M	47.4M	49.4M	51.6M	54.7M	55.5M	57.5M	59.5M	60.4M	62.2M	64.1M	67.7M
Goodwill & Intangible Assets	60.5M	62.4M	64.2M	66.3M	68.3M	70.5M	73.5M	74.3M	76.3M	78.3M	79.2M	81.1M	82.9M	86.5M
Long-Term Investments	35.2M	32.1M	17.6M	10.7M	14.8M	14.3M	11.1M	11.1M	11.6M	12.9M	12.5M	9.9M	8.7M	6.9M
Tax Assets	2.7M	2.4M	2.2M	10.9M	4.4M	4.4M	3.6M	4.4M	11.8M	11.5M	15.5M	-120.9M	0.0	0.0
Other Non-Current Assets	6.7M	7M	1.5M	1.5M	1.5M	1M	375K	1.7M	975K	1.5M	2.9M	115M	10.6M	-128M
Total Non-Current Assets	213.6M	201.5M	181.7M	191.7M	199.9M	200.5M	193.3M	157.6M	135.4M	137.7M	139M	115M	134.1M	128M
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-115M	0.0	3.2M
Total Assets	625.3M	524.9M	417.8M	366.1M	356M	317.4M	365.4M	307.4M	295.8M	277.9M	267.9M	348K	263M	240.1M
LIABILITIES
CURRENT LIABILITIES
Total Payables	151.5M	143.2M	137.1M	107.9M	72.3M	57.6M	102.3M	95.8M	87.3M	80.6M	79.3M	1.4M	73M	65.5M
Accounts Payable	151.5M	143.2M	137.1M	107.9M	72.3M	57.6M	102.3M	95.8M	87.3M	80.6M	79.3M	1.4M	73M	65.5M
Other Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-65.5M
Accrued Expenses	55.2M	55.8M	4.5M	4M	2.8M	3M	7.7M	5.7M	3.2M	20.5M	23M	3.3M	25.1M	0.0
Short Term Debt	5M	5M	19.8M	19.8M	14.9M	9.9M	9.9M	9.9M	8M	11.8M	11.8M	0.0	3M	0.0
Capital Lease Obligations (Current)	0.0	975K	583K	2.7M	1.3M	2.3M	1.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	11.3M	9.4M	8.1M	7.2M	7.8M	8.5M	8.6M	8.2M	6.8M	5.7M	4.9M	-1.4M	0.0	0.0
Other Current Liabilities	13.8M	21.6M	59.5M	23.1M	25.7M	30.3M	39.2M	29.3M	33.5M	12M	14.5M	0.0	12.7M	35.7M
Total Current Liabilities	236.8M	236M	229.6M	164.8M	124.8M	111.6M	169.7M	148.9M	138.8M	130.5M	133.4M	323K	113.8M	101.2M
NON-CURRENT LIABILITIES
Long Term Debt	85.3M	90M	110.5M	150.4M	194.6M	164.2M	173.2M	132.2M	143.2M	140.4M	175.4M	0.0	10.1M	41.3M
Deferred Revenue (Non-Current)	22.4M	18.5M	15M	11.6M	12.3M	14M	15.4M	15M	12.5M	10.5M	9.3M	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	5.4M	2.8M	2.5M	22M	3.7M	254K	168K	197K	44.8M	11.5M	15.5M	0.0	0.0	0.0
Other Non-Current Liabilities	19.9M	18M	19.1M	14.4M	43.3M	74.6M	70.8M	39.4M	59.8M	83.4M	69.8M	3.7M	59.7M	-41.3M
Total Non-Current Liabilities	133M	129.4M	148.1M	200M	263.9M	259M	263.5M	186.9M	215.6M	234.3M	255.7M	121K	69.8M	41.3M
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-121K	0.0	82.6M
Capital Lease Obligations	0.0	981K	1.6M	4.3M	11.4M	7.2M	4.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	369.8M	365.3M	377.8M	364.7M	388.7M	370.6M	433.2M	335.8M	354.3M	364.8M	389.1M	323K	183.6M	225.1M
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	-50.3M	-50.3M	-50.3M	-50.3M	-50.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	9.3M	40M	50M	50M	0.0	0.0	0.0
Common Stock	3K	3K	3K	3K	3K	3K	3K	3K	2K	2K	2K	101.8M	1K	1K
Additional Paid-In Capital	195.5M	186M	177.9M	173.1M	96.2M	88.9M	84.3M	70M	45.4M	50.8M	15.9M	10.7M	95M	0.0
Retained Earnings	88.2M	0.0	-55.7M	-79.5M	-33.8M	-33.5M	-45.6M	-69.2M	-100.1M	-128.9M	-135.3M	-5.7M	26.8M	-27.4M
Accumulated Other Comprehensive Income/Loss	-28.2M	-26.4M	-31.9M	-41.9M	-44.8M	-58.4M	-56.2M	-38.4M	-43.9M	-58.9M	-51.8M	-46.6M	-42.4M	0.0
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-106.7M	0.0	42.4M
Total Stockholders' Equity	255.4M	159.6M	40M	1.4M	-32.7M	-53.2M	-67.8M	-28.3M	-58.5M	-87M	-121.2M	25K	79.4M	15M
Total Equity	255.4M	159.6M	40M	1.4M	-32.7M	-53.2M	-67.8M	-28.3M	-58.5M	-87M	-121.2M	25K	79.4M	15M
SUMMARY
Total Liabilities & Equity	625.3M	524.9M	417.8M	366.1M	356M	317.4M	365.4M	307.4M	295.8M	277.9M	267.9M	348K	263M	0.0
Total Investments	35.2M	32.1M	17.6M	10.7M	14.8M	14.3M	11.1M	11.1M	11.6M	12.9M	12.5M	9.9M	8.7M	6.9M
Total Debt	90.3M	96M	131.9M	174.5M	220.8M	182.3M	189M	142.1M	151.2M	152.1M	188.3M	121K	13.1M	0.0
Net Debt	-139M	-31.7M	52.9M	164M	209.1M	137.8M	118M	81.9M	88.6M	99.8M	135.5M	119K	-33.5M	-39.2M
Shares Outstanding	31,707,943	31,707,943	31,707,943	31,707,943	31,707,943	31,707,943	31,707,943	31,707,943	31,707,943	31,707,943	31,707,943	31,707,943	31,707,943	31,707,943

SEC Filings

BLBD - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 18, 2026	May 12, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 06, 2026	March 28, 2026	2026	View Filing
8-K/A 8-K/A 2026 (Amended) N/A	May 04, 2026	April 01, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 02, 2026	April 01, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 11, 2026	March 11, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 17, 2026	February 15, 2026	2026	View Filing
10-Q 10-Q 2025 Q4 Q4	February 04, 2026	December 27, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 04, 2026	February 04, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	January 26, 2026	March 11, 2026	2026	View Filing

Showing 1 to 10 of 239 filings

Related Guides

Blog Categories

Continue your BLBD research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.