UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from ________ to ________ Commission File Number 000-50924 BEACON ROOFING SUPPLY, INC. (Exact name of registrant as specified in its charter) Delaware 36-4173371 State or other juris ...

财务数据和关键指标变化 - 2023年第四季度销售额达23亿美元,同比增长近17%,创历史新高 [7] - 毛利率为25.7%,高于公司提供的25.5%的指引 [27] - 调整后EBITDA达2.17亿美元,创历史新高 [7] - 第四季度创纪录的现金流达2.62亿美元,现金流转换率超过120% [29][30] - 2023年全年创纪录的788亿美元经营现金流,现金流转换率超过84% [30] 各条业务线数据和关键指标变化 - 住宅屋面销售同比增长超过20%,受益于维修翻新需求和暴风活动 [24] - 非住宅销售同比增长超过11%,得益于维修翻新活动 [25] - 配套产品销售同比增长16%,新的防水平台持续增长 [25] 各个市场数据和关键指标变化 - 佛罗里达州在遭受伊恩飓风后需求大幅下降 [64] - 西部地区暴风活动带动了强劲的住宅需求 [64] - 商业市场需求反弹,主要是由于去年同期经销商去库存的影响 [66][67] 公司战略和发展方向及行业竞争 - 公司继续执行"2025雄心"战略计划,在多个方面取得进展 [7-19] - 通过开设新分支机构和收购扩大客户覆盖范围 [13-15] - 加强数字销售渠道,数字销售占比达22% [16] - 持续优化门店运营,底部五分之一门店贡献2300万美元EBITDA [17] - 通过股票回购和赎回优先股等方式为股东创造价值 [18][31-34] 管理层对经营环境和未来前景的评论 - 预计2024年住宅维修翻新需求将有所下降,但非住宅维修翻新需求将有所增加 [44][45] - 预计2024年全年销售增长中个位数,毛利率维持在中25%区间 [49][50] - 预计2024年调整后EBITDA在9.2亿美元至9.8亿美元之间 [51] - 公司将继续投资于提升客户体验、定价和日常运营效率的举措 [52] 问答环节重要的提问和回答 问题1 **Ryan Merkel 提问** 询问2024年一季度毛利率下降的原因以及全年毛利率改善的原因 [56] **Julian Francis 回答** 解释新开分支机构和并购带来的短期毛利率压力,以及随着这些新业务的整合和季节性因素,全年毛利率有望改善 [57-60] 问题2 **Doug Wardlaw 提问** 询问公司在第四季度看到的市场趋势以及对2024年市场的预期 [63] **Julian Francis 回答** 详细分析了住宅和商业市场在第四季度的表现,以及对2024年的预期 [64-68] 问题3 **Sid Ramesh 提问** 询问公司2024年各季度销售费用的预期走势 [74] **Julian Francis 和 Carmelo Carrubba 回答** 解释了一季度销售费用较高的原因,以及后续季度随着销售规模扩大而带来的费用杠杆效应 [75-77]

For the quarter ended December 2023, Beacon Roofing Supply (BECN) reported revenue of $2.3 billion, up 16.8% over the same period last year. EPS came in at $1.72, compared to $1.22 in the year-ago quarter. The reported revenue represents a surprise of +0.99% over the Zacks Consensus Estimate of $2.28 billion. With the consensus EPS estimate being $1.69, the EPS surprise was +1.78%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to de ...

业绩总结 - 公司2023年第四季度净销售额为23亿美元，同比增长16.8%[10] - 公司2023年第四季度净利润为1.11亿美元，调整后的EBITDA为2.17亿美元[7] - 公司2023年第四季度营业现金流为3.2亿美元，超过调整后的EBITDA的120%[13] - 公司2023年全年净销售额达到91亿美元，创下历史纪录[15] - 公司2023年全年净利润为4.35亿美元，调整后的EBITDA为9.2亿美元[15] 未来展望 - 2024年市场展望：预计住宅发货量将因预期较低的风暴需求而下降，部分抵消了更高的非风暴维修和重铺屋面需求[16] - 预计2024年第一季度净销售额将同比增长高一位数百分比，毛利率预计在约24.5%的范围内[16] - 2024全年预计净销售额同比增长中一位数百分比，调整后的EBITDA为9.2亿至9.8亿美元[16]

Exhibit 99.1 BEACON REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS • Record fourth quarter and full year net sales, strong net income, and highest Adjusted EBITDA in history • Ambition 2025 execution continued to generate growth with significant contributions from enhanced sales capabilities, greenfield investments, and M&A • Strong net income margin and double-digit Adjusted EBITDA margin for the third consecutive full year driven by diligent pricing execution, productivity, and improvements from the bo ...

Beacon Roofing Supply, Inc. (BECN) is slated to report fourth-quarter 2023 results on Feb 27, after the closing bell. In the last reported quarter, the company’s adjusted earnings topped the Zacks Consensus Estimate by 12.2% but net sales missed the mark by 0.2%. Both earnings and net sales grew 26.7% and 7%, respectively, from the year-ago quarter’s level. The company’s earnings have topped the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 11.1%. Trend in Estimate R ...

预期盈利 - Beacon Roofing Supply (BECN) 预计在即将发布的季度报告中每股盈利为1.69美元，同比增长38.5% [1] 预期收入 - 预计收入为28亿美元，同比增长15.6% [1] Residential roofing products - 分析师们一致认为'Net sales- Residential roofing products'将达到11.6亿美元，同比增长20% [7] - 预计'Revenue Growth Rate (YoY change) - Residential roofing products'将达到19.5% [10] Complementary building products - 'Net sales- Complementary building products'的一致估计为4.9753亿美元，同比增长13.2% [8] - 预计'Revenue Growth Rate (YoY change) - Complementary building products'将达到10.6% [11] Non-residential roofing products - 'Net sales- Non-residential roofing products'的一致估计为5.811亿美元，同比增长3.3% [9] - 预计'Revenue Growth Rate (YoY change) - Non-residential roofing products'将达到2.5% [12]

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Mark Hochleitner/iStock via Getty Images Synopsis Beacon Roofing Supply (NASDAQ:BECN) is a company that sells roofing and building products. BECN’s past three years’ financials have shown strong revenue growth. On top of that, its margins have been gradually expanding as well. In its preliminary FY2023 results, BECN said revenue is expected to continue growing and reach ~$9.1 billion. In terms of margins, it is expected to remain robust year-over-year. Looking ahead, demand for roofing is expected to remain ...