Blue Bird Corp (BLBD) - Net Assets
Based on the latest financial reports, Blue Bird Corp (BLBD) has net assets worth $271.37 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($642.34 Million) and total liabilities ($370.97 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BLBD asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $271.37 Million |
| % of Total Assets | 42.25% |
| Annual Growth Rate | 24.36% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 181018.44 |
Blue Bird Corp - Net Assets Trend (2012–2025)
This chart illustrates how Blue Bird Corp's net assets have evolved over time, based on quarterly financial data. Also explore Blue Bird Corp (BLBD) total assets for the complete picture of this company's asset base.
Annual Net Assets for Blue Bird Corp (2012–2025)
The table below shows the annual net assets of Blue Bird Corp from 2012 to 2025. For live valuation and market cap data, see market value of Blue Bird Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $255.41 Million | +60.07% |
| 2024-09-30 | $159.56 Million | +298.93% |
| 2023-09-30 | $40.00 Million | +2794.21% |
| 2022-09-30 | $1.38 Million | +104.23% |
| 2021-09-30 | $-32.66 Million | +38.65% |
| 2020-09-30 | $-53.23 Million | +21.50% |
| 2019-09-30 | $-67.81 Million | -139.31% |
| 2018-09-30 | $-28.34 Million | +51.57% |
| 2017-09-30 | $-58.51 Million | +32.73% |
| 2016-09-30 | $-86.97 Million | +28.26% |
| 2015-09-30 | $-121.23 Million | -485020.00% |
| 2014-09-30 | $25.00K | -99.97% |
| 2013-09-30 | $79.42 Million | +428.96% |
| 2012-09-30 | $15.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blue Bird Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 11556500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $88.19 Million | 34.53% |
| Common Stock | $3.00K | 0.00% |
| Other Comprehensive Income | $-28.25 Million | -11.06% |
| Other Components | $195.47 Million | 76.53% |
| Total Equity | $255.41 Million | 100.00% |
Blue Bird Corp Competitors by Market Cap
The table below lists competitors of Blue Bird Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Park Hotels & Resorts Inc
NYSE:PK
|
$2.16 Billion |
|
EIH Limited
NSE:EIHOTEL
|
$2.16 Billion |
|
Embotelladora Andina S.A
F:AKOB
|
$2.16 Billion |
|
AQ Group AB
ST:AQ
|
$2.16 Billion |
|
Banque Cantonale du Valais
SW:WKBN
|
$2.16 Billion |
|
Mineralys Therapeutics, Inc. Common Stock
NASDAQ:MLYS
|
$2.16 Billion |
|
Sichuan Tuopai Shede Wine Co Ltd
SHG:600702
|
$2.15 Billion |
|
Beijing Toread Outdoor Product
SHE:300005
|
$2.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blue Bird Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 159,564,000 to 255,415,000, a change of 95,851,000 (60.1%).
- Net income of 127,720,000 contributed positively to equity growth.
- Share repurchases of 49,416,000 reduced equity.
- Other comprehensive income decreased equity by 1,831,000.
- Other factors increased equity by 19,378,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $127.72 Million | +50.0% |
| Share Repurchases | $49.42 Million | -19.35% |
| Other Comprehensive Income | $-1.83 Million | -0.72% |
| Other Changes | $19.38 Million | +7.59% |
| Total Change | $- | 60.07% |
Book Value vs Market Value Analysis
This analysis compares Blue Bird Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.09x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 12.04x to 8.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-09-30 | $5.22 | $62.87 | x |
| 2013-09-30 | $27.62 | $62.87 | x |
| 2014-09-30 | $0.01 | $62.87 | x |
| 2015-09-30 | $-4.75 | $62.87 | x |
| 2016-09-30 | $-4.08 | $62.87 | x |
| 2017-09-30 | $-2.35 | $62.87 | x |
| 2018-09-30 | $-0.99 | $62.87 | x |
| 2019-09-30 | $-2.51 | $62.87 | x |
| 2020-09-30 | $-1.97 | $62.87 | x |
| 2021-09-30 | $-1.20 | $62.87 | x |
| 2022-09-30 | $0.04 | $62.87 | x |
| 2023-09-30 | $1.24 | $62.87 | x |
| 2024-09-30 | $4.78 | $62.87 | x |
| 2025-09-30 | $7.77 | $62.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blue Bird Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 50.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.63%
- • Asset Turnover: 2.37x
- • Equity Multiplier: 2.45x
- Recent ROE (50.00%) is above the historical average (-1322.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -17.78% | -0.45% | 2.49x | 15.99x | $-4.17 Million |
| 2013 | 68.46% | 7.00% | 2.95x | 3.31x | $46.43 Million |
| 2014 | -15428.00% | -0.45% | 2459.01x | 13.92x | $-3.86 Million |
| 2015 | 0.00% | 1.62% | 3.43x | 0.00x | $27.05 Million |
| 2016 | 0.00% | 0.74% | 3.35x | 0.00x | $15.60 Million |
| 2017 | 0.00% | 2.91% | 3.35x | 0.00x | $34.65 Million |
| 2018 | 0.00% | 3.01% | 3.33x | 0.00x | $33.65 Million |
| 2019 | 0.00% | 2.38% | 2.79x | 0.00x | $31.08 Million |
| 2020 | 0.00% | 1.39% | 2.77x | 0.00x | $17.51 Million |
| 2021 | 0.00% | -0.04% | 1.92x | 0.00x | $2.98 Million |
| 2022 | -3311.07% | -5.72% | 2.19x | 264.92x | $-45.90 Million |
| 2023 | 59.53% | 2.10% | 2.71x | 10.44x | $19.81 Million |
| 2024 | 66.15% | 7.83% | 2.57x | 3.29x | $89.59 Million |
| 2025 | 50.00% | 8.63% | 2.37x | 2.45x | $102.18 Million |
Industry Comparison
This section compares Blue Bird Corp's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $2,000,925,380
- Average return on equity (ROE) among peers: 3.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Blue Bird Corp (BLBD) | $271.37 Million | -17.78% | 1.37x | $2.16 Billion |
| Aebi Schmidt Holding AG - Common Stock (AEBI) | $814.95 Million | 1.20% | 1.46x | $833.98 Million |
| AGCO Corporation (AGCO) | $991.60 Million | 17.01% | 1.64x | $8.84 Billion |
| Agrify Corp (AGFY) | $-14.71 Million | 0.00% | 0.00x | $89.44 Million |
| Alamo Group Inc (ALG) | $163.48 Million | 6.91% | 0.51x | $2.08 Billion |
| Arts-Way Manufacturing Co Inc (ARTW) | $6.20 Million | 20.97% | 1.15x | $12.01 Million |
| Astec Industries Inc (ASTE) | $654.80 Million | 2.41% | 0.39x | $1.35 Billion |
| CEA Industries Inc. (BNC) | $-883.75K | 0.00% | 0.00x | $114.12 Million |
| Caterpillar Inc (CAT) | $15.38 Billion | 19.50% | 4.09x | $362.70 Billion |
| CEA Industries Inc (CEAD) | $14.90 Million | -40.10% | 0.41x | $6.66 Million |
About Blue Bird Corp
Blue Bird Corporation, together with its subsidiaries, designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally. The company operates through two segments, Bus and Parts. It offers Type C, Type D, and specialty buses; and alternative power options through its propane powered, gasoline powered, compressed natural gas powered, and electric powered s… Read more