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Industrials - Engineering & Construction - NYSE - US
$ 301.19
4.2 %
$ 8.61 B
Market Cap
15.27
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one BLD stock under the worst case scenario is HIDDEN Compared to the current market price of 301 USD, TopBuild Corp. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one BLD stock under the base case scenario is HIDDEN Compared to the current market price of 301 USD, TopBuild Corp. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one BLD stock under the best case scenario is HIDDEN Compared to the current market price of 301 USD, TopBuild Corp. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BLD

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$360.0$360.0$350.0$350.0$340.0$340.0$330.0$330.0$320.0$320.0$310.0$310.0$300.0$300.0$290.0$290.0$280.0$280.0$270.0$270.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
5.33 B REVENUE
2.60%
886 M OPERATING INCOME
-0.97%
623 M NET INCOME
1.36%
776 M OPERATING CASH FLOW
-8.64%
-204 M INVESTING CASH FLOW
-2.70%
-1.02 B FINANCING CASH FLOW
-2218.35%
1.23 B REVENUE
-6.01%
177 M OPERATING INCOME
-18.38%
123 M NET INCOME
-18.04%
153 M OPERATING CASH FLOW
-42.68%
-12.9 M INVESTING CASH FLOW
78.79%
-231 M FINANCING CASH FLOW
-294.98%
Balance Sheet TopBuild Corp.
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Current Assets 1.6 B
Cash & Short-Term Investments 400 M
Receivables 752 M
Other Current Assets 447 M
Non-Current Assets 3.14 B
Long-Term Investments 0
PP&E 456 M
Other Non-Current Assets 2.68 B
8.45 %15.87 %9.44 %9.63 %56.60 %Total Assets$4.7b
Current Liabilities 767 M
Accounts Payable 456 M
Short-Term Debt 48.8 M
Other Current Liabilities 262 M
Non-Current Liabilities 1.76 B
Long-Term Debt 1.46 B
Other Non-Current Liabilities 299 M
18.07 %10.37 %57.77 %11.86 %Total Liabilities$2.5b
EFFICIENCY
Earnings Waterfall TopBuild Corp.
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Revenue 5.33 B
Cost Of Revenue 3.7 B
Gross Profit 1.62 B
Operating Expenses 739 M
Operating Income 886 M
Other Expenses 264 M
Net Income 623 M
6b6b5b5b4b4b3b3b2b2b1b1b005b(4b)2b(739m)886m(264m)623mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
30.49% GROSS MARGIN
30.49%
16.63% OPERATING MARGIN
16.63%
11.68% NET MARGIN
11.68%
28.18% ROE
28.18%
13.15% ROA
13.15%
16.34% ROIC
16.34%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis TopBuild Corp.
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800m800m700m700m600m600m500m500m400m400m300m300m200m200m100m100m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 623 M
Depreciation & Amortization 140 M
Capital Expenditures -69.3 M
Stock-Based Compensation 16.6 M
Change in Working Capital -25.1 M
Others 15.9 M
Free Cash Flow 707 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets TopBuild Corp.
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Wall Street analysts predict an average 1-year price target for BLD of $431 , with forecasts ranging from a low of $381 to a high of $515 .
BLD Lowest Price Target Wall Street Target
381 USD 26.50%
BLD Average Price Target Wall Street Target
431 USD 43.10%
BLD Highest Price Target Wall Street Target
515 USD 70.99%
Price
Max Price Target
Min Price Target
Average Price Target
550550500500450450400400350350300300250250Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 11
6. Ownership
Insider Ownership TopBuild Corp.
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Sold
0-3 MONTHS
576 K USD 2
3-6 MONTHS
546 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Why Is TopBuild (BLD) Up 1.4% Since Last Earnings Report? TopBuild (BLD) reported earnings 30 days ago. What's next for the stock? zacks.com - 2 weeks ago
TopBuild Extends and Upsizes Senior Secured Credit Facilities Increases Borrowing Capacity to $2.25 Billion and Extends Maturities to May 2030 Increases Borrowing Capacity to $2.25 Billion and Extends Maturities to May 2030 globenewswire.com - 1 month ago
TopBuild: Insulating Profits With A Valuation You Can Warm Up To TopBuild is a leading installer and distributor in the construction industry, with a diversified business model and strong nationwide presence. Despite short-term residential market headwinds, TopBuild delivered solid Q1'25 results, maintained guidance, and demonstrated resilient profitability and disciplined cost management. The company's robust balance sheet, active M&A pipeline, and ongoing share buybacks support long-term growth and shareholder value creation. seekingalpha.com - 1 month ago
TopBuild: Consolidating The Highly Fragmented Insulation Market TopBuild's revenues declined during Q1 due to lower volumes in both segments, and operating margins contracted by 200 bp. Despite the short-term challenges, the strategic moves in acquisitions and market expansion present potential for long-term growth and value creation. The company has undergone a significant transformation since its 2015 spinoff, including 43 acquisitions and operational improvements. seekingalpha.com - 1 month ago
TopBuild Q1 Earnings Top, Sales Miss Expectations, Both Down Y/Y BLD's first-quarter 2025 results reflect tepid Installation segment performance, with Specialty Distribution showing strength. Dive in for details. zacks.com - 1 month ago
TopBuild Corp. (BLD) Q1 2025 Earnings Call Transcript TopBuild Corp. (NYSE:BLD ) Q1 2025 Results Conference Call May 6, 2025 9:00 AM ET Company Participants P.I. Aquino - Vice President, Investor Relations Robert Buck - Chief Executive Officer & President Robert Kuhns - Chief Financial Officer Conference Call Participants Aatish Shah - Evercore ISI Stephen Kim - Evercore ISI Michael Rehaut - JPMorgan Adam Baumgarten - Zelman & Associates Susan Maklari - Goldman Sachs Phil Ng - Jefferies Trey Grooms - Stephens Keith Hughes - Truist Securities Ken Zener - Seaport Research Partners Jeff Stevenson - Loop Capital Markets Reuben Garner - Benchmark Company Collin Verron - Deutsche Bank Rafe Jadrosich - Bank of America Operator Ladies and gentlemen, thank you for standing by. seekingalpha.com - 1 month ago
Compared to Estimates, TopBuild (BLD) Q1 Earnings: A Look at Key Metrics While the top- and bottom-line numbers for TopBuild (BLD) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 1 month ago
TopBuild (BLD) Q1 Earnings Beat Estimates TopBuild (BLD) came out with quarterly earnings of $4.63 per share, beating the Zacks Consensus Estimate of $4.43 per share. This compares to earnings of $4.81 per share a year ago. zacks.com - 1 month ago
TopBuild Reports First Quarter 2025 Results; Confirms Full Year Outlook First quarter sales declined 3.6% to $1.23 billion Installation sales declined 6.7%, offset in part by Specialty Distribution growth of 2.6% Delivered adjusted gross margin of 29.6% and adjusted EBITDA margin of 19.0% DAYTONA BEACH, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD) a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada today reported results for the first quarter ended March 31, 2025. globenewswire.com - 1 month ago
5 Construction Stocks Investors Can Explore Ahead of Q1 Earnings Earnings season is at its peak! Here are five construction stocks, BLD, KBR, LPX, MEC and GLDD, that are set to report their quarterly earnings tomorrow. zacks.com - 1 month ago
Earnings Preview: TopBuild (BLD) Q1 Earnings Expected to Decline TopBuild (BLD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago
TopBuild Achieves 2025 Great Place to Work Certification for Third Consecutive Year DAYTONA BEACH, Fla., April 25, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada, today announced that it has earned certification by Great Place to Work® for the third consecutive year. Great Place to Work is a global authority on workplace culture, employee experience, and effective leadership, providing independent company assessments based employees' direct feedback about their workplace experience. globenewswire.com - 1 month ago
8. Profile Summary

TopBuild Corp. BLD

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COUNTRY US
INDUSTRY Engineering & Construction
MARKET CAP $ 8.61 B
Dividend Yield 0.00%
Description TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building 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, afterpaint products, fireproofing products, garage doors, fireplaces, closet shelving, roofing materials, and other products; and insulation installation services. The company also offers various services and tools to assist builders in applying the principles of building science to new home construction, which include pre-construction plan reviews, diagnostic testing, and various inspection services; and home energy rating services. In addition, it distributes building and mechanical insulation, insulation accessories, and other building product materials for the residential, commercial, and industrial end markets. The company serves single-family homebuilders, single-family custom builders, multi-family builders, commercial general contractors, remodelers, and individual homeowners, as well as insulation contractors, gutter contractors, weatherization contractors, other contractors, dealers, metal building erectors, and modular home builders. It operates approximately 235 installation branches and 175 distribution centers in the United States and Canada. The company was formerly known as Masco SpinCo Corp. and changed its name to TopBuild Corp. in March 2015. TopBuild Corp. was incorporated in 2015 and is headquartered in Daytona Beach, Florida.
Contact 475 North Williamson Boulevard, Daytona Beach, FL, 32114 https://www.topbuild.com
IPO Date June 17, 2015
Employees 13984
Officers Mr. Steven P. Raia President of Special Operations & Executive Adviser Mr. Robert M. Buck Chief Executive Officer, President & Director Ms. P.I. Aquino Vice President of Investor Relations Mr. Robert M. Kuhns CPA Chief Financial Officer & Vice President Ms. Jennifer J. Shoffner Chief Human Resources Officer Mr. Sridhara Pullareddy Chief Information Officer Mr. Joseph M. Viselli Vice President & Chief Growth Officer Mr. Jeffrey M. Krestancic President of TruTeam Mr. Luis Francisco Machado J.D. Vice President, General Counsel & Corporate Secretary Ms. Madeline Otero Chief Accounting Officer & Vice President