Private company
GMS Inc.
American wholesale-lumber and other construction materials company. Summary from the record
Last updated Oct 19, 2026.
Overview
- IndustryWholesale-Lumber & Other Construction Materials2
- HeadquartersTucker, United States2
- Incorporated inDE4
- Business address100 Crescent Centre Parkway, Suite 800, Tucker, Ga 300844
- Filer categoryLarge accelerated filer4
- Legal formCorporation2
- LEI52990057RENOQO4U0D722
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressc/o GLORIA M. SCHNEIDER, 10170 CRESENT HILL LANE, 30076 Roswell, United States2
- Registered withGeorgia Secretary of State Corporations Division, K5053072
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Our fiscal year ends on April 30 of each year. References in this Annual Report on Form 10-K to a fiscal year mean the year in which that fiscal year ends.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin23¢$1.3B
- Other costs74¢$4.1B
- Income tax1¢$58.8M
- Profit2¢$115.5M
Out of $5.5B in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Capital spending12¢$47.5M
- Share buybacks43¢$165.5M
- Kept or used elsewhere44¢$170.6M
Out of $383.6M of cash from operations.3
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5B6 | $3.1B7 | $3.2B8 | $3.3B9 | $4.6B10 | $5.3B3 | $5.5B3 | $5.5B3 |
| Gross profit | $818.6M6 | $1.0B7 | $1.1B8 | $1.1B9 | $1.5B10 | $1.7B3 | $1.8B3 | $1.7B3 |
| Selling, general and admin | $633.9M6 | $739.5M7 | $784.1M8 | $763.6M9 | $950.1M10 | $1.1B3 | $1.2B3 | $1.3B3 |
| Operating expenses | $1.1B10 | $1.2B3 | $1.3B3 | $1.5B3 | ||||
| Operating income | $119.2M6 | $147.2M7 | $99.5M8 | $190.9M9 | $418.9M10 | $505.2M3 | $442.8M3 | $257.6M3 |
| Interest | $31.4M6 | $73.7M7 | $67.7M8 | $53.8M9 | $58.1M10 | $65.8M10 | $75.5M10 | |
| Income before tax | $364.8M10 | $447.5M3 | $374.2M3 | $174.3M3 | ||||
| Income tax | $20.9M6 | $14.0M7 | $22.9M8 | $31.5M9 | $91.4M10 | $114.5M3 | $98.1M3 | $58.8M3 |
| Net income | $63.0M6 | $56.0M7 | $23.4M8 | $105.6M9 | $273.4M10 | $333.0M3 | $276.1M3 | $115.5M3 |
| Earnings per share | $1.546 | $1.337 | $0.568 | $2.479 | $6.3510 | $7.953 | $6.863 | $2.973 |
| Earnings per share (diluted) | $1.496 | $1.317 | $0.558 | $2.449 | $6.2310 | $7.823 | $6.753 | $2.923 |
| Shares (weighted, basic) | 43.1M shares10 | 41.9M shares3 | 40.2M shares3 | 38.9M shares3 | ||||
| Shares (weighted, diluted) | 43.9M shares10 | 42.6M shares3 | 40.9M shares3 | 39.5M shares3 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash | $36.4M13 | $47.3M6 | $210.9M7 | $167.0M8 | $101.9M9 | $164.7M10 | $166.1M3 | $55.6M3 |
| Inventory | $551.0M9 | $575.5M10 | $580.8M3 | $586.2M3 | ||||
| Current assets | $633.8M13 | $802.3M6 | $966.6M7 | $1.1B8 | $1.4B9 | $1.5B10 | $1.6B3 | $1.5B3 |
| Goodwill | $695.9M9 | $700.8M10 | $853.8M3 | $881.3M3 | ||||
| Intangible assets | $454.7M9 | $399.7M10 | $502.7M3 | $536.7M3 | ||||
| Total assets | $1.5B6 | $2.2B7 | $2.3B8 | $2.5B9 | $3.1B10 | $3.3B10 | $3.8B3 | $3.8B3 |
| Accounts payable | $367.3M9 | $377.0M10 | $420.2M3 | $431.5M3 | ||||
| Short-term debt | $47.6M9 | $54.0M9 | ||||||
| Current liabilities | $233.9M13 | $358.6M6 | $475.1M7 | $562.5M8 | $689.2M9 | $706.3M10 | $757.0M3 | $797.6M3 |
| Long-term debt | $1.1B6 | $1.0B7 | $932.4M8 | $1.1B9 | $1.0B9 | |||
| Total liabilities | $875.1M13 | $1.5B6 | $1.7B7 | $1.7B8 | $2.0B9 | $2.0B10 | $2.3B3 | $2.4B3 |
| Retained earnings | $548.0M9 | $881.0M10 | $1.2B3 | $1.3B3 | ||||
| Shareholders’ equity | $579.5M7 | $629.2M8 | $634.0M9 | $822.5M10 | $1.1B3 | $1.3B3 | $1.5B3 | $1.4B3 |
| Shares outstanding | 41.1M shares14 | 40.4M shares13 | 42.6M shares6 | 43.1M shares7 | 42.6M shares8 | 40.8M shares9 | 39.7M shares10 | 38.1M shares15 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $91.3M6 | $193.6M7 | $303.1M8 | $153.3M9 | $179.6M10 | $441.7M3 | $433.2M3 | $383.6M3 |
| Depreciation and amortization | $119.2M10 | $126.9M3 | $133.4M3 | $164.1M3 | ||||
| Stock-based compensation | $17.4M10 | $22.1M3 | $22.4M3 | $19.2M3 | ||||
| Capital spending | $23.7M6 | $18.8M7 | $25.2M8 | $29.9M9 | $41.1M10 | $52.7M3 | $57.2M3 | $47.5M3 |
| Free cash flow | $67.5M | $174.8M | $277.9M | $123.4M | $138.5M | $389.1M | $376.0M | $336.1M |
| Cash from investing | -$387.2M10 | -$111.5M3 | -$430.8M3 | -$239.5M3 | ||||
| Share buybacks | $16.5M7 | $08 | $4.2M9 | $35.5M10 | $110.8M3 | $116.4M3 | $165.5M3 | |
| Cash from financing | $143.3M10 | -$265.6M3 | -$437.0K3 | -$255.2M3 | ||||
| Dividend per share |
Leadership
Who has led GMS Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerJohn C. Turner Jr. Mar 17, 2020 to now16
- PresidentJohn C. Turner Jr. May 3, 2019 to now17
- Chief financial officerScott M. Deakin Oct 23, 2019 to now18
- Chief financial officerHoward D. Goforth May 25, 2016 to Dec 17, 201819
- Chief operating officerGeorge T. Hendren Aug 3, 2022 to now20
Board members and other officers (15)
- Chief Human Resources OfficerLeigh R. Dobbs Sep 7, 2022 to now21
- Chief Accounting OfficerWilliam Forrest Bell Sep 16, 2020 to now22
- VP, GC & Corporate SecretaryCraig D. Apolinsky May 25, 2016 to Feb 3, 202323
- Corporate Controller & CAOLynn Ross Sep 14, 2016 to Dec 13, 201924
- Board memberWilliam Bradley Southern Jan 23, 2024 to now25
- Board memberLisa M. Bachmann Jan 30, 2020 to now26
- Board memberJohn C. Turner Jr. May 5, 2020 to now27
- Board memberRandolph W. Melville Nov 12, 2020 to now28
- Board memberTeri P. McClure Apr 25, 2019 to now29
- Board memberMitchell B. Lewis Aug 5, 2019 to now30
- Board memberBrian R. Hoesterey May 25, 2016 to Sep 10, 201931
- Board memberJ. Louis Sharpe May 25, 2016 to May 25, 201632
- Board memberPeter C. Browning May 25, 2016 to now33
- Board memberTheron I. Gilliam May 25, 2016 to now34
- General counselCraig D. Apolinsky Jun 28, 2023 to now35
Former names
- GYP Holdings I Corp.Feb 26, 2014 to May 18, 20154
Timeline
- Mar 17, 2020New chief executive John C. Turner Jr. becomes CEO16
Filings
272 filings to the SEC since October 2021: 5 annual reports, 12 quarterly reports, 47 major events, 139 insider forms, 26 large holders, 43 other. The latest 20:
- Oct 9, 2025SCHEDULE 13G/A EDGAR
- Sep 15, 202515-12G EDGAR
- Sep 9, 2025EFFECT EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 20254 EDGAR
- Sep 8, 2025SCHEDULE 13G/A EDGAR
- Sep 4, 2025POS AM EDGAR
- Sep 4, 2025S-8 POS EDGAR
The 272 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
67 open-market trades by officers, directors and large owners since October 2021: 12 buys and 55 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jul 16, 2025 | Shackelton Christopher S10% owner | Sale | 54,944 | $110.05 | $6.0M | Form 4 |
| Jul 15, 2025 | Shackelton Christopher S10% owner | Sale | 104,550 | $110.06 | $11.5M | Form 4 |
| Jul 14, 2025 | Shackelton Christopher S10% owner | Sale | 179,133 | $110.05 | $19.7M | Form 4 |
| Jun 30, 2025 | Hendren George TSVP, Chief Operating Officer | Sale | 5,000 | $108.23 | $541.1K | Form 4 |
| Apr 7, 2025 | Turner John C JRPresident and CEO | Buy | 3,650 | $70.00 | $255.5K | Form 4 |
| Apr 1, 2025 | Gilliam Theron IDirector | Sale | 12,474 | $73.46 | $916.3K | Form 4 |
| Nov 11, 2024 | Hendren George TSVP, Chief Operating Officer | Sale | 5,000 | $102.13 | $510.6K | Form 4 |
| Sep 18, 2024 | Turner John C JRPresident and CEO | Sale | 15,000 | $91.76 | $1.4M | Form 4 |
| Jul 16, 2024 | Apolinsky Craig DSVP, General Counsel | Sale | 7,900 | $90.32 | $713.5K | Form 4 |
| Mar 27, 2024 | Apolinsky Craig DSVP, General Counsel | Sale | 20,000 | $96.57 | $1.9M | Form 4 |
| Mar 22, 2024 | Hendren George TSVP, Chief Operating Officer | Sale | 10,554 | $96.49 | $1.0M | Form 4 |
| Mar 21, 2024 | Turner John C JRPresident and CEO | Sale | 6,266 | $97.58 | $611.4K | Form 4 |
| Jan 8, 2024 | Hendren George TSVP, Chief Operating Officer | Sale | 3,404 | $80.00 | $272.3K | Form 4 |
| Jan 8, 2024 | Apolinsky Craig DSVP, General Counsel | Sale | 4,455 | $79.54 | $354.4K | Form 4 |
| Jan 2, 2024 | Turner John C JRPresident and CEO | Sale | 47,480 | $80.31 | $3.8M | Form 4 |
| Jan 2, 2024 | SMITH J DAVIDDirector | Sale | 30,474 | $80.60 | $2.5M | Form 4 |
| Jan 2, 2024 | GAVIN JOHN JDirector | Sale | 22,861 | $80.57 | $1.8M | Form 4 |
| Dec 27, 2023 | DEAKIN SCOTT MSVP, Chief Financial Officer | Sale | 7,238 | $84.02 | $608.1K | Form 4 |
| Dec 27, 2023 | Bell William ForrestVP, Chief Accounting Officer | Sale | 1,976 | $83.80 | $165.6K | Form 4 |
| Dec 13, 2023 | Apolinsky Craig DSVP, General Counsel | Sale | 6,948 | $74.16 | $515.3K | Form 4 |
All 67 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G/A, 5 filings Feb 8, 2022 to Oct 9, 202536
- FMR LLCSCHEDULE 13G/A, 6 filings Feb 9, 2022 to Sep 8, 202537
- Coliseum Capital Management, LLCSCHEDULE 13G/A, 9 filings Mar 24, 2022 to May 15, 202538
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 10, 2022 to Apr 30, 202539
- BlackRockSC 13G/A, 2 filings Oct 18, 2024 to Nov 8, 202440
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARGMS Inc. filings on SEC EDGAR
- 2
- 3SEC EDGARGMS Inc. 10-K for fiscal 2025
- 4SEC EDGARGMS Inc. filings on SEC EDGAR
- 5
- 6SEC EDGARGMS Inc. 10-K for fiscal 2018
- 7SEC EDGARGMS Inc. 10-K for fiscal 2019
- 8SEC EDGARGMS Inc. 10-K for fiscal 2020
- 9SEC EDGARGMS Inc. 10-K for fiscal 2021
- 10SEC EDGARGMS Inc. 10-K for fiscal 2022
- 11SEC EDGARGMS Inc. 10-Q for fiscal 2025
- 12SEC EDGARGMS Inc. 10-Q for fiscal 2025
- 13SEC EDGARGMS Inc. 10-K for fiscal 2018
- 14SEC EDGARGMS Inc. 10-K for fiscal 2018
- 15SEC EDGARGMS Inc. 10-K for fiscal 2025
- 16
- 17SEC EDGARJohn C. Turner Jr., President
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- 26SEC EDGARLisa M. Bachmann, Board member
- 27SEC EDGARJohn C. Turner Jr., Board member
- 28SEC EDGARRandolph W. Melville, Board member
- 29SEC EDGARTeri P. McClure, Board member
- 30SEC EDGARMitchell B. Lewis, Board member
- 31SEC EDGARBrian R. Hoesterey, Board member
- 32SEC EDGARJ. Louis Sharpe, Board member
- 33SEC EDGARPeter C. Browning, Board member
- 34SEC EDGARTheron I. Gilliam, Board member
- 35SEC EDGARCraig D. Apolinsky, General counsel
- 36
- 37SEC EDGARFMR LLC SCHEDULE 13G/A on GMS Inc.
- 38
- 39
- 40SEC EDGARBlackRock SC 13G/A on GMS Inc.