• Builders FirstSource average debt/equity ratio for 2023 was 0.74, a 15.63% increase from 2022.
• Builders FirstSource average debt/equity ratio for 2022 was 0.64, a 45.45% increase from 2021.
• Builders FirstSource average debt/equity ratio for 2021 was 0.44, a 73.01% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.