TopBuild Corp.
BLD · Price history
Company & revenue
About TopBuild Corp.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building material products to the construction industry. The company operates in two segments, Installation and Specialty Distribution. It provides insulation products and accessories, glass and windows, rain gutters, garage doors, fireplaces, roofing materials, closet shelving, and other products.
How they make money
TopBuild operates through a dual-avenue business model consisting of installation services and specialty distribution. The company leverages a geographically diverse branch network to provide insulation and commercial roofing services to builders and contractors, while simultaneously distributing building products, allowing it to capture value across the construction supply chain through both labor-based installation and product sales.
Products & services
Installation of insulation and commercial roofing, and specialty distribution of insulation and related building products.
Brands & revenue mix
No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer concentration
The company's top customer accounted for approximately 3.1 percent of total revenues for the year ended December 31, 2025, and the top ten customers accounted for approximately 10.6 percent of total sales.
Suppliers, materials & equipment
- Insulation and building product manufacturers — The company maintains relationships with various manufacturers of insulation and building products to procure materials for distribution and installation, without being constrained by exclusivity agreements.Source
Sources
Financial risk observations and what to check
These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-04-18.
Total debt increased 99.6% versus the same quarter last year.
Compare the added borrowing with available cash, cash generation and maturities. A percentage increase from a small starting balance can look large without measuring the full debt burden.
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
39
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
66
Fair
Financial Strength
40
Business Quality / Moat
85
Management
85
Growth Quality
52
Risk / Durability
74
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
28
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
39/100
Building Historical Record
Model Score 39/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
- •Recent buyback activity is present
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for BLD
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can BLD maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •Is BLD's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •Is BLD's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •What future growth or profitability would be needed to justify BLD's current valuation?
- •What does the current fundamental change risk warning mean for the reliability or interpretation of BLD's score?
Essential Investment Snapshot
Wall Street Score
39
Opportunity Score
28
Market Cap
$9.98B
P/E Ratio
19.8
EPS
$17.90
52-Week High
$559.47
52-Week Low
$330.51
Beta
1.83
Intrinsic Value
$245.10
Analyst Target
$438.50
Shares Outstanding
28.1M
Total Revenue
$5.62B
Total Debt
$3.13B
Dividend
No current dividend
Liquidation Value / Share
$85.46
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Notices for BLD
Detected from reported data — verify before acting.Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Community Sentiment
0 active · 0 total callsNo personal call yet on BLD.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Geographically diverse branch network.
- +Variable cost operating model.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Engineering & Construction industry.
- −Cyclical nature of the construction industry.
- −Dependence on housing starts and construction activity.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
5 historical score records availablePrevious Score
39
Sep 9, 2026
Change
Unchanged
Current Score
39
Oct 1, 2026
Category Changes
BLD score was unchanged.
Projected Score
Projected Score
38
Projected Change
-1.2 points
Preliminary comparable-period financial changes suggest decline of approximately 1.2 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
OvervaluedCurrent Price
$354.53
Model Intrinsic Value
$245.10
Difference
+$109.43
+44.6% vs IV
Margin of Safety
-44.6%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.62B | $5.41B | $5.33B | $5.19B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $4.00B | $3.84B | $3.70B | $3.59B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $1.62B | $1.57B | $1.62B | $1.60B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $826.9M | $777.1M | $710.7M | $725.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $826.9M | $777.1M | $738.6M | $725.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $991.0M | $1.08B | $1.05B | $1.03B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $790.9M | $791.9M | $886.3M | $878.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $123.8M | $211.3M | $73.1M | $74.6M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $677.4M | $703.6M | $840.8M | $825.5M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $174.2M | $181.9M | $218.2M | $211.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | $503.2M | $521.7M | $622.6M | $614.3M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $17.90 | $18.39 | $20.41 | $19.44 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 27.98M | 27.93M | 30.50M | 31.58M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 28.13M | 28.14M | 30.68M | 31.58M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$1.45B
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$3.73
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+99.6%
Cash Change
-12.9%
Margin Change
-2.8 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Weakened
- Margins contracted
- Cash position declined
- Debt increased
Potential Score Impact
Positive indicators included revenue growth. Pressure indicators included EPS growth, cash levels, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 17.2%. EPS declined 11.8%. Cash declined 12.9%. Total debt increased 99.6%. Net income margin declined by 2.8 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
5 historical recordsHistorical Score Chart
3 of 5 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
Related Companies
Engineering & ConstructionRumor Mill · BLD
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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