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Blue Bird Corp (BLBD) Fundamental Analysis & AI Grade 2026

BLBD Nasdaq Truck & Bus Bodies CIK: 0001589526
Update Pending • Analysis: May 8, 2026 • SEC Data: 2026-03-28
Combined AI Grade
A
81% Confidence
STRONG AGREEMENT
A
80% Conf
A
82% Conf

📊 BLBD Key Takeaways

Revenue: $685.7M
Net Margin: 8.8%
Free Cash Flow: $71.0M
Current Ratio: 1.83x
Debt/Equity: 0.28x
EPS: $1.84
AI Grade: A with 80% confidence
Blue Bird Corp (BLBD) receives a A fundamental grade with 81% confidence from our AI analysis based on SEC 10-K filings. With revenue of $685.7M, net profit margin of 8.8%, and return on equity (ROE) of 20.2%, Blue Bird Corp demonstrates strong fundamentals in the Automotive sector. Below is our complete BLBD stock analysis for 2026.

Is Blue Bird Corp (BLBD) a Good Investment?

Claude

Blue Bird Corp demonstrates fortress-like financial health with minimal debt (0.28x D/E), exceptional cash generation ($71M FCF), and strong profitability returns (20.2% ROE). Net income grew 21% YoY and EPS 22.8% despite flat revenue, indicating operational efficiency gains. Primary concern is revenue stagnation at 0% YoY, limiting growth trajectory.

ChatGPT

Blue Bird shows strong underlying fundamentals with solid double-digit earnings growth despite flat revenue, indicating improving mix, pricing, or operating efficiency. Profitability is healthy for a manufacturer, free cash flow generation is strong, and the balance sheet appears conservatively leveraged with substantial cash support. The main limitation is that growth quality depends more on margin execution than top-line expansion at this stage.

Blue Bird Corp Key Strengths (BLBD)

Claude
  • + Fortress balance sheet with only $83M debt versus $297.9M equity and $275.9M cash
  • + Exceptional profitability improvement: 21% net income growth and 22.8% EPS growth despite flat revenue signals strong operational leverage
  • + Excellent returns on capital: 20.2% ROE and 8.7% ROA indicate efficient capital deployment
  • + Strong cash generation: $71M free cash flow with 10.4% FCF margin and low capital intensity
  • + Superior liquidity with 1.83x current ratio and 24.7x interest coverage provides significant financial flexibility
ChatGPT
  • + Net income and diluted EPS are growing faster than revenue, showing strong operating leverage and earnings quality
  • + Margins are healthy across gross, operating, and net levels, with operating margin above 11% and FCF margin above 9%
  • + Liquidity and leverage are favorable, supported by a strong cash position, solid current ratio, low debt-to-equity, and high interest coverage

BLBD Stock Risks: Blue Bird Corp Investment Risks

Claude
  • ! Revenue stagnation at 0% YoY growth indicates lack of top-line momentum and potential market saturation
  • ! Cyclical exposure to fleet purchases in truck and bus bodies sector creates demand volatility risk
  • ! High cash balance relative to size suggests limited organic growth opportunities or management uncertainty on deployment
  • ! Sector headwinds from electric vehicle transition and potential fleet consolidation trends
ChatGPT
  • ! Revenue was flat year over year, which raises questions about the durability of earnings growth if volume demand weakens
  • ! As a truck and bus manufacturer, results are likely exposed to cyclical fleet spending, school bus replacement timing, and input cost swings
  • ! Current profitability may face pressure if pricing, product mix, or manufacturing efficiency normalizes from recent strong levels

Key Metrics to Watch

Claude
  • * Revenue growth trajectory - inflection point critical for sustained value creation
  • * Operating margin sustainability - verify efficiency gains are structural, not temporary
  • * Cash deployment strategy - assess capital allocation decisions and shareholder returns
  • * Industry order backlog and fleet replacement cycle indicators
ChatGPT
  • * Revenue growth and order-driven backlog conversion
  • * Operating margin and free cash flow consistency

Blue Bird Corp (BLBD) Financial Metrics & Key Ratios

Revenue
$685.7M
Net Income
$60.1M
EPS (Diluted)
$1.84
Free Cash Flow
$71.0M
Total Assets
$689.4M
Cash Position
$275.9M

💡 AI Analyst Insight

Blue Bird Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

BLBD Profit Margin, ROE & Profitability Analysis

Gross Margin 20.7%
Operating Margin 11.2%
Net Margin 8.8%
ROE 20.2%
ROA 8.7%
FCF Margin 10.4%

BLBD vs Automotive Sector: How Blue Bird Corp Compares

How Blue Bird Corp compares to Automotive sector averages

Net Margin
BLBD 8.8%
vs
Sector Avg 6.0%
BLBD Sector
ROE
BLBD 20.2%
vs
Sector Avg 12.0%
BLBD Sector
Current Ratio
BLBD 1.8x
vs
Sector Avg 1.2x
BLBD Sector
Debt/Equity
BLBD 0.3x
vs
Sector Avg 1.0x
BLBD Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Blue Bird Corp Stock Overvalued? BLBD Valuation Analysis 2026

Based on fundamental analysis, Blue Bird Corp appears fundamentally strong relative to the Automotive sector in 2026.

Return on Equity
20.2%
Sector avg: 12%
Net Profit Margin
8.8%
Sector avg: 6%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.28x
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Blue Bird Corp Balance Sheet: BLBD Debt, Cash & Liquidity

Current Ratio
1.83x
Quick Ratio
1.27x
Debt/Equity
0.28x
Debt/Assets
1.2%
Interest Coverage
24.68x
Long-term Debt
$83.0M

BLBD Revenue & Earnings Growth: 5-Year Financial Trend

BLBD 5-year financial data: Year 2021: Revenue $1.0B, Net Income $24.3M, EPS $0.90. Year 2022: Revenue $879.2M, Net Income $12.2M, EPS $0.45. Year 2023: Revenue $1.1B, Net Income -$289.0K, EPS $-0.01. Year 2024: Revenue $1.3B, Net Income -$45.8M, EPS $-1.48. Year 2025: Revenue $1.5B, Net Income $23.8M, EPS $0.74.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Blue Bird Corp's revenue has grown significantly by 45% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.74 reflects profitable operations.

BLBD Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
10.4%
Free cash flow / Revenue

BLBD Quarterly Earnings & Performance

Quarterly financial performance data for Blue Bird Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2026 $352.6M $26.0M $0.79
Q1 2026 $313.9M $28.7M $0.86
Q3 2025 $333.4M $28.7M $0.85
Q2 2025 $345.9M $26.0M $0.79
Q1 2025 $313.9M $26.2M $0.81
Q3 2024 $294.3M $5.2M $0.16
Q2 2024 $299.8M -$4.2M $-0.13
Q1 2024 $235.7M -$11.3M $-0.35

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Blue Bird Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$84.3M
Cash generated from operations
Stock Buybacks
$2.6M
Shares repurchased (TTM)
Capital Expenditures
$13.3M
Investment in assets
Dividends
None
No dividend program

BLBD SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Blue Bird Corp (CIK: 0001589526)

📋 Recent SEC Filings

Date Form Document Action
May 20, 2026 4 xslF345X06/wk-form4_1779295603.xml View →
May 18, 2026 8-K blbd-20260512.htm View →
May 6, 2026 10-Q blbd-20260328.htm View →
May 6, 2026 8-K blbd-20260506.htm View →
Apr 9, 2026 4 xslF345X06/wk-form4_1775767314.xml View →

Frequently Asked Questions about BLBD

What is the AI rating for BLBD?

Blue Bird Corp (BLBD) has a Combined AI Grade of A from Claude (A) and ChatGPT (A) with 81% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BLBD's key strengths?

Claude: Fortress balance sheet with only $83M debt versus $297.9M equity and $275.9M cash. Exceptional profitability improvement: 21% net income growth and 22.8% EPS growth despite flat revenue signals strong operational leverage. ChatGPT: Net income and diluted EPS are growing faster than revenue, showing strong operating leverage and earnings quality. Margins are healthy across gross, operating, and net levels, with operating margin above 11% and FCF margin above 9%.

What are the risks of investing in BLBD?

Claude: Revenue stagnation at 0% YoY growth indicates lack of top-line momentum and potential market saturation. Cyclical exposure to fleet purchases in truck and bus bodies sector creates demand volatility risk. ChatGPT: Revenue was flat year over year, which raises questions about the durability of earnings growth if volume demand weakens. As a truck and bus manufacturer, results are likely exposed to cyclical fleet spending, school bus replacement timing, and input cost swings.

What is BLBD's revenue and growth?

Blue Bird Corp reported revenue of $685.7M.

Does BLBD pay dividends?

Blue Bird Corp does not currently pay dividends.

Where can I find BLBD SEC filings?

Official SEC filings for Blue Bird Corp (CIK: 0001589526) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BLBD's EPS?

Blue Bird Corp has a diluted EPS of $1.84.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is BLBD's fundamental grade?

Based on our AI fundamental analysis in June 2026, Blue Bird Corp has a A grade with 81% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is BLBD stock overvalued or undervalued?

Valuation metrics for BLBD: ROE of 20.2% (sector avg: 12%), net margin of 8.8% (sector avg: 6%). Higher ROE suggests strong returns relative to peers.

What is BLBD's AI grade for 2026?

Our dual AI analysis gives Blue Bird Corp a combined A grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is BLBD's free cash flow?

Blue Bird Corp's operating cash flow is $84.3M, with capital expenditures of $13.3M. FCF margin is 10.4%.

How does BLBD compare to other Automotive stocks?

Vs Automotive sector averages: Net margin 8.8% (avg: 6%), ROE 20.2% (avg: 12%), current ratio 1.83 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-28 | Powered by Claude AI