BLD
Topbuild Corp
NYSE: BLD · INDUSTRIALS · ENGINEERING & CONSTRUCTION
$437.87
+0.63% today
Updated 2026-04-29
Market cap
$12.27B
P/E ratio
23.98
P/S ratio
2.27x
EPS (TTM)
$18.26
Dividend yield
—
52W range
$274 – $559
Volume
0.6M
Topbuild Corp (BLD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.21B | $1.41B | $1.51B | $1.62B | $1.74B | $1.91B | $2.38B | $2.62B | $2.72B | $3.49B | $5.01B | $5.19B | $5.33B | $5.41B |
| Revenue growth (YoY) | — | +16.9% | +7.1% | +6.9% | +7.8% | +9.4% | +25.1% | +10.1% | +3.6% | +28.3% | +43.7% | +3.7% | +2.6% | +1.5% |
| Cost of revenue | $974.73M | $1.11B | $1.18B | $1.26B | $1.34B | $1.45B | $1.81B | $1.94B | $1.97B | $2.51B | $3.52B | $3.59B | $3.70B | $3.84B |
| Gross profit | $233.16M | $302.68M | $331.67M | $358.03M | $400.34M | $461.11M | $576.15M | $681.27M | $746.36M | $974.39M | $1.49B | $1.60B | $1.62B | $1.57B |
| Gross margin | 19.3% | 21.4% | 21.9% | 22.1% | 23.0% | 24.2% | 24.2% | 26.0% | 27.5% | 27.9% | 29.7% | 30.9% | 30.5% | 29.0% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $273.09M | $278.57M | $290.95M | $274.50M | $278.74M | $294.25M | $367.20M | $391.74M | $389.92M | $495.67M | $686.65M | $705.79M | $709.17M | $777.06M |
| Operating income | $-115.93M | $24.10M | $40.72M | $83.53M | $121.60M | $136.86M | $208.95M | $289.52M | $355.05M | $476.42M | $797.16M | $878.83M | $886.34M | $791.93M |
| Operating margin | -9.6% | 1.7% | 2.7% | 5.2% | 7.0% | 7.2% | 8.8% | 11.0% | 13.1% | 13.7% | 15.9% | 16.9% | 16.6% | 14.6% |
| EBITDA | $-86.22M | $51.63M | $66.82M | $95.69M | $133.89M | $152.51M | $248.93M | $344.30M | $417.96M | $541.98M | $922.19M | $1.03B | $1.05B | $1.08B |
| EBITDA margin | -7.1% | 3.7% | 4.4% | 5.9% | 7.7% | 8.0% | 10.4% | 13.1% | 15.4% | 15.5% | 18.4% | 19.9% | 19.8% | 20.0% |
| EBIT | $-115.86M | $24.14M | $40.74M | $83.58M | $121.88M | $136.06M | $209.51M | $291.60M | $355.55M | $462.59M | $798.85M | $900.10M | $913.88M | $914.85M |
| Interest expense | $13.88M | $13.37M | $12.40M | $9.46M | $5.61M | $8.02M | $28.69M | $37.82M | $32.46M | $29.14M | $56.72M | $74.61M | $73.09M | $211.27M |
| Income tax | $24.64M | $22.32M | $17.84M | $-5.01M | $43.67M | $-30.09M | $46.07M | $62.78M | $76.07M | $109.43M | $186.15M | $211.23M | $218.19M | — |
| Effective tax rate | -14.7% | 232.9% | 65.5% | -6.8% | 37.6% | -23.5% | 25.5% | 24.7% | 23.5% | 25.2% | 25.1% | 25.6% | 26.0% | 0.0% |
| Net income | $-192.10M | $-12.74M | $9.40M | $78.97M | $72.61M | $158.13M | $134.75M | $191.00M | $247.02M | $324.02M | $555.99M | $614.25M | $622.60M | $521.73M |
| Net income growth (YoY) | — | +93.4% | +173.8% | +740.1% | -8.1% | +117.8% | -14.8% | +41.7% | +29.3% | +31.2% | +71.6% | +10.5% | +1.4% | -16.2% |
| Profit margin | -15.9% | -0.9% | 0.6% | 4.9% | 4.2% | 8.3% | 5.7% | 7.3% | 9.1% | 9.3% | 11.1% | 11.8% | 11.7% | 9.6% |