Private company

GMS Inc.

American wholesale-lumber and other construction materials company. Summary from the record

Last updated Oct 19, 2026.

Overview

$5.5BRevenue, fiscal 20253
$115.5MNet income, fiscal 20253
  • 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

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

31.2%Gross margin3
4.7%Operating margin3
2.1%Net margin3
0.2%Revenue growth, 20253
8.1%Return on equity3
$336.1MFree cash flow3

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

Revenue6789103$5.5B in 2025+120% since 2018
0$2.0B$4.0B$6.0B2018: $2.5B$2.5B20182019: $3.1B$3.1B2019+24%2020: $3.2B$3.2B2020+4%2021: $3.3B$3.3B2021+2%2022: $4.6B$4.6B2022+41%2023: $5.3B$5.3B2023+15%2024: $5.5B$5.5B2024+3%2025: $5.5B$5.5B2025+0%
Gross profit6789103$1.7B in 2025+110% since 2018
0$500.0M$1.0B$1.5B$2.0B2018: $818.6M$818.6M20182019: $1.0B$1.0B2019+23%2020: $1.1B$1.1B2020+6%2021: $1.1B$1.1B2021−0%2022: $1.5B$1.5B2022+40%2023: $1.7B$1.7B2023+16%2024: $1.8B$1.8B2024+3%2025: $1.7B$1.7B2025−3%
Operating income6789103$257.6M in 2025+116% since 2018
0$200.0M$400.0M$600.0M2018: $119.2M$119.2M20182019: $147.2M$147.2M2019+24%2020: $99.5M$99.5M2020−32%2021: $190.9M$190.9M2021+92%2022: $418.9M$418.9M2022+119%2023: $505.2M$505.2M2023+21%2024: $442.8M$442.8M2024−12%2025: $257.6M$257.6M2025−42%
Net income6789103$115.5M in 2025+83% since 2018
0$100.0M$200.0M$300.0M$400.0M2018: $63.0M$63.0M20182019: $56.0M$56.0M2019−11%2020: $23.4M$23.4M2020−58%2021: $105.6M$105.6M2021+351%2022: $273.4M$273.4M2022+159%2023: $333.0M$333.0M2023+22%2024: $276.1M$276.1M2024−17%2025: $115.5M$115.5M2025−58%
Fiscal year20182019202020212022202320242025
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 shares1041.9M shares340.2M shares338.9M shares3
Shares (weighted, diluted)43.9M shares1042.6M shares340.9M shares339.5M shares3

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Leadership

Who has led GMS Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (15)

Former names

  • GYP Holdings I Corp.Feb 26, 2014 to May 18, 20154

Timeline

  1. 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:

  1. Oct 9, 2025SCHEDULE 13G/A EDGAR
  2. Sep 15, 202515-12G EDGAR
  3. Sep 9, 2025EFFECT EDGAR
  4. Sep 8, 20254 EDGAR
  5. Sep 8, 20254 EDGAR
  6. Sep 8, 20254 EDGAR
  7. Sep 8, 20254 EDGAR
  8. Sep 8, 20254 EDGAR
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  13. Sep 8, 20254 EDGAR
  14. Sep 8, 20254 EDGAR
  15. Sep 8, 20254 EDGAR
  16. Sep 8, 20254 EDGAR
  17. Sep 8, 20254 EDGAR
  18. Sep 8, 2025SCHEDULE 13G/A EDGAR
  19. Sep 4, 2025POS AM EDGAR
  20. 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.

DateWhoTradeSharesPriceValueFiling
Jul 16, 2025Shackelton Christopher S10% ownerSale54,944$110.05$6.0MForm 4
Jul 15, 2025Shackelton Christopher S10% ownerSale104,550$110.06$11.5MForm 4
Jul 14, 2025Shackelton Christopher S10% ownerSale179,133$110.05$19.7MForm 4
Jun 30, 2025Hendren George TSVP, Chief Operating OfficerSale5,000$108.23$541.1KForm 4
Apr 7, 2025Turner John C JRPresident and CEOBuy3,650$70.00$255.5KForm 4
Apr 1, 2025Gilliam Theron IDirectorSale12,474$73.46$916.3KForm 4
Nov 11, 2024Hendren George TSVP, Chief Operating OfficerSale5,000$102.13$510.6KForm 4
Sep 18, 2024Turner John C JRPresident and CEOSale15,000$91.76$1.4MForm 4
Jul 16, 2024Apolinsky Craig DSVP, General CounselSale7,900$90.32$713.5KForm 4
Mar 27, 2024Apolinsky Craig DSVP, General CounselSale20,000$96.57$1.9MForm 4
Mar 22, 2024Hendren George TSVP, Chief Operating OfficerSale10,554$96.49$1.0MForm 4
Mar 21, 2024Turner John C JRPresident and CEOSale6,266$97.58$611.4KForm 4
Jan 8, 2024Hendren George TSVP, Chief Operating OfficerSale3,404$80.00$272.3KForm 4
Jan 8, 2024Apolinsky Craig DSVP, General CounselSale4,455$79.54$354.4KForm 4
Jan 2, 2024Turner John C JRPresident and CEOSale47,480$80.31$3.8MForm 4
Jan 2, 2024SMITH J DAVIDDirectorSale30,474$80.60$2.5MForm 4
Jan 2, 2024GAVIN JOHN JDirectorSale22,861$80.57$1.8MForm 4
Dec 27, 2023DEAKIN SCOTT MSVP, Chief Financial OfficerSale7,238$84.02$608.1KForm 4
Dec 27, 2023Bell William ForrestVP, Chief Accounting OfficerSale1,976$83.80$165.6KForm 4
Dec 13, 2023Apolinsky Craig DSVP, General CounselSale6,948$74.16$515.3KForm 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.

Sources

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