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Blue Bird Corp (BLBD) Stock Fundamental Analysis & AI Rating 2026

BLBD Nasdaq Truck & Bus Bodies CIK: 0001589526
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2025-12-27
Combined AI Rating
BUY
78% Confidence
STRONG AGREEMENT
BUY
75% Conf
BUY
82% Conf

📊 BLBD Key Takeaways

Revenue: $333.1M
Net Margin: 9.2%
Free Cash Flow: $31.1M
Current Ratio: 1.81x
Debt/Equity: 0.31x
EPS: $0.94
AI Rating: BUY with 75% confidence
Blue Bird Corp (BLBD) receives a BUY rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $333.1M, net profit margin of 9.2%, and return on equity (ROE) of 11.3%, 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 solid fundamental strength with double-digit profitability, excellent cash generation, and a fortress balance sheet featuring $241.7M in cash against only $84.2M in debt. Despite flat revenue growth, the company achieved 21% net income growth through operational efficiency, indicating pricing power and cost control in the bus manufacturing sector.

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.

Why Buy Blue Bird Corp Stock? BLBD Key Strengths

Claude
  • + Exceptional liquidity position with $241.7M cash and 1.81x current ratio provides financial flexibility and stability
  • + Strong profitability with 9.2% net margin and 21% YoY net income growth despite zero revenue growth demonstrates operational leverage and margin expansion
  • + Robust free cash flow generation of $31.1M (9.3% FCF margin) with capital intensity of only 1.7% supports dividends and debt reduction
  • + Conservative leverage at 0.31x debt-to-equity with exceptional 24.1x interest coverage ratio indicates minimal financial risk
  • + Solid ROE of 11.3% and ROA of 4.8% show efficient capital deployment in the capital-intensive bus manufacturing industry
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
  • ! Zero revenue growth indicates market stagnation or competitive pressure in the school bus/transit bus market requiring investigation
  • ! Heavy dependence on a cyclical industry (bus manufacturing) with limited diversification exposes company to economic downturns and fleet replacement cycles
  • ! Low gross margin of 21.4% provides limited buffer against input cost inflation or commodity price spikes
  • ! Modest insider activity (2 Form 4 filings in 90 days) suggests limited insider confidence or trading activity
  • ! Operating margin of 11.3% is respectable but limits room for error if operational efficiencies cannot be sustained
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 and order book health to assess market demand recovery
  • * Gross margin sustainability amid supply chain and input cost pressures
  • * Free cash flow consistency and cash conversion rate relative to net income
  • * Debt reduction progress given strong cash position
  • * Capital expenditure trends and capacity utilization rates
ChatGPT
  • * Revenue growth and order-driven backlog conversion
  • * Operating margin and free cash flow consistency

Blue Bird Corp (BLBD) Financial Metrics & Key Ratios

Revenue
$333.1M
Net Income
$30.8M
EPS (Diluted)
$0.94
Free Cash Flow
$31.1M
Total Assets
$642.3M
Cash Position
$241.7M

💡 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 21.4%
Operating Margin 11.3%
Net Margin 9.2%
ROE 11.3%
ROA 4.8%
FCF Margin 9.3%

BLBD vs Automotive Sector: How Blue Bird Corp Compares

How Blue Bird Corp compares to Automotive sector averages

Net Margin
BLBD 9.2%
vs
Sector Avg 6.0%
BLBD Sector
ROE
BLBD 11.3%
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 has mixed fundamental signals relative to the Automotive sector in 2026.

Return on Equity
11.3%
Sector avg: 12%
Net Profit Margin
9.2%
Sector avg: 6%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.31x
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
1.81x
Quick Ratio
1.21x
Debt/Equity
0.31x
Debt/Assets
1.3%
Interest Coverage
24.06x
Long-term Debt
$84.2M

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
9.3%
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
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
Q3 2023 $206.1M $5.2M $0.16

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
$36.6M
Cash generated from operations
Stock Buybacks
$2.4M
Shares repurchased (TTM)
Capital Expenditures
$5.5M
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
Apr 9, 2026 4 xslF345X06/wk-form4_1775767314.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775181372.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775156951.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775156705.xml View →
Apr 2, 2026 4 xslF345X06/wk-form4_1775156642.xml View →

Frequently Asked Questions about BLBD

What is the AI rating for BLBD?

Blue Bird Corp (BLBD) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BLBD's key strengths?

Claude: Exceptional liquidity position with $241.7M cash and 1.81x current ratio provides financial flexibility and stability. Strong profitability with 9.2% net margin and 21% YoY net income growth despite zero revenue growth demonstrates operational leverage and margin expansion. 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: Zero revenue growth indicates market stagnation or competitive pressure in the school bus/transit bus market requiring investigation. Heavy dependence on a cyclical industry (bus manufacturing) with limited diversification exposes company to economic downturns and fleet replacement cycles. 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 $333.1M.

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 $0.94.

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 rating reflects both perspectives for balanced insights.

Is BLBD a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Blue Bird Corp has a BUY rating with 78% 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 11.3% (sector avg: 12%), net margin of 9.2% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.

Should I buy BLBD stock in 2026?

Our dual AI analysis gives Blue Bird Corp a combined BUY rating 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 $36.6M, with capital expenditures of $5.5M. FCF margin is 9.3%.

How does BLBD compare to other Automotive stocks?

Vs Automotive sector averages: Net margin 9.2% (avg: 6%), ROE 11.3% (avg: 12%), current ratio 1.81 (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: Mar 21, 2026 | Data as of: 2025-12-27 | Powered by Claude AI