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Beacon Roofing Supply(BECN) - 2024 Q4 - Earnings Call Presentation

Financial Performance - Net sales for Q4 2024 reached $2404 million, a 2.8% increase year-over-year[7, 17] - Adjusted EBITDA for Q4 2024 was a record[11] - Net income for Q4 2024 was $104 million[7] - Full year 2024 net sales grew by 7.1% to a record $9800 million[34] - Full year 2024 Adjusted EBITDA was $930 million[34] Sales and Mix - Residential net sales decreased by 0.8% year-over-year in Q4 2024[19, 20] - Non-residential net sales increased by 3.8% year-over-year in Q4 2024[19, 20] - Complementary net sales increased by 9.9% year-over-year in Q4 2024[19, 20] Capital Allocation and Balance Sheet - Completed an accelerated share repurchase of $225 million in 2024, retiring 24 million shares[11] - Net debt leverage was 28x at the end of Q4[30, 32] - Liquidity was greater than $1100 million as of December 31[32] Outlook - Expect net sales growth of MSD% YoY in 2025[38] - Adjusted EBITDA is projected to be between $950 million and $1030 million in 2025[38]