BLD

It has been about a month since the last earnings report for TopBuild (BLD). Shares have lost about 6.9% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is TopBuild due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers. TopBuild delivered a first-quarter 2026 earnings beat as acquisition-led growth more than offset softer residential demand and pricing pressure. Earnings of $3.75 per share beat the Zacks Consensus Estimate of $3.64 by 3% and declined 11.8% year over year.Net sales climbed 17.2% year over year to $1.45 billion and topped the consensus mark of $1.41 billion by 2.5%. A key operating signal this quarter was the sales bridge; acquisitions added 24.3% to growth, while volume and price were down 5.5% and 1.6%, respectively. Management specifically cited the 2025 acquisitions of SPI and Progressive Roofing as the main drivers, helping the company push through a challenging backdrop in residential and light commercial new construction.The revenue mix also tilted toward heavier commercial activity. Sales in Commercial/Industrial markets increased to $736.8 million compared with $463.5 million in the prior-year quarter, while Residential sales fell to $709.1 million from $769.8 million. That shift matters because it underscores how much of the quarter’s growth came from acquisitions and market exposure changes, not organic volume. TopBuild’s gross profit was $400.3 million, up from $351.5 million a year ago, but gross margin contracted 80 basis points to 27.7%. The company attributed the decline primarily to lower sales volume and lower customer pricing.SG&A expenses rose to $225.2 million from $174.0 million, pushing SG&A as a percentage of sales up to 15.6% from 14.1%. The higher cost burden reflected incremental expenses from acquisitions, including intangible amortization, which also weighed on year-over-year profitability. By segment, Installation Services sales increased 4.3% year over year to $777.3 million. The company noted that acquisitions added 16.9% to the segment’s growth, but this was more than offset by a 9.8% decline in volume and a 2.9% impact from lower selling prices.Specialty Distribution was the growt...

Image source: The Motley Fool. Feb. 26, 2026, 9:00 a.m. ET Chairman, President, and CEO — Robert Buck Chief Operating Officer — John Achille Chief Financial Officer — Robert Kuhns Robert Buck: Thanks, and good morning, everyone. We appreciate you being with us. As P.I. mentioned, Rob and I are joined by John Achille, our COO. I've asked John to start joining us so he can share his business insights, including our ongoing efforts to drive operational excellence across the organization. Many of you will remember meeting John at our Investor Day a few months ago. We were really pleased to see many of you at our Investor Day in December, and if you weren't able to attend in person, I hope you've taken the opportunity to watch the replay on our website. I'd like to start my comments today by reiterating a couple of the key themes and messages that we shared in December. First, we have a clear, profitable growth strategy and a proven track record of delivering compounded growth and strong shareholder returns. Second, we have significant growth opportunities across our $95 billion total addressable market, which has increased non-cyclical and non-discretionary revenue drivers. We generate very strong free cash flow and we're disciplined in deploying capital both organically and through M&A. Third, we have a differentiated business model and we will continue to leverage our connected technology platform to continue driving growth and operational excellence to improve the customer experience. Finally, we have a cycle-tested leadership team. We're proud of the people-first culture we've built at TopBuild and we're grateful for the commitment of our nearly 15,000 employees to growing our business and to working safely every day. Let me now transition to discussing the operating environment at a high level. In the fourth quarter, weakness in the residential and light commercial end markets persisted. Consumer confidence remains low, interest rates are still elevated, and affordability continues to be an issue, all drivers of muted demand in the current environment. We continue to believe the underlying fundamentals are strong, supported by household formations and an underbuilt housing market, and this means there is great long-term opportunity for new residential construction. The commercial and industrial end markets remain solid. We continue to see expansion across a...

Building services and installation company TopBuild (NYSE:BLD) will be announcing earnings results this Tuesday before the bell. Here’s what to look for. TopBuild met analysts’ revenue expectations last quarter, reporting revenues of $1.49 billion, up 13.2% year on year. It was a slower quarter for the company, with full-year EBITDA guidance missing analysts’ expectations significantly and full-year revenue guidance slightly missing analysts’ expectations. Is TopBuild a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting TopBuild’s revenue to grow 14.4% year on year, a reversal from the 3.6% decrease it recorded in the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. TopBuild has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at TopBuild’s peers in the home builders segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Taylor Morrison Home’s revenues decreased 26.8% year on year, beating analysts’ expectations by 4.1%, and D.R. Horton reported a revenue decline of 2.3%, falling short of estimates by 0.7%. Taylor Morrison Home traded up 3.9% following the results while D.R. Horton was also up 5.1%. Read our full analysis of Taylor Morrison Home’s results here and D.R. Horton’s results here. There has been positive sentiment among investors in the home builders segment, with share prices up 9.4% on average over the last month. TopBuild is up 21.6% during the same time and is heading into earnings with an average analyst price target of $478.91 (compared to the current share price of $438.74). WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it. This is what the early days of Palantir looked like before it became a $437 billion giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.

DAYTONA BEACH, Fla. (AP) — DAYTONA BEACH, Fla. (AP) — TopBuild Corp. (BLD) on Tuesday reported first-quarter net income of $104.8 million. The Daytona Beach, Florida-based company said it had net income of $3.73 per share. Earnings, adjusted for non-recurring costs, came to $3.75 per share. The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.64 per share. The insulation products company posted revenue of $1.45 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.42 billion. TopBuild shares have risen 3% since the beginning of the year. The stock has climbed 43% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLD at https://www.zacks.com/ap/BLD

TopBuild (BLD) reported Q1 adjusted earnings per diluted share Tuesday of $3.75, compared with $4.63

TopBuild (BLD) reported $1.45 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 17.2%. EPS of $3.75 for the same period compares to $4.63 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.42 billion, representing a surprise of +2.06%. The company delivered an EPS surprise of +2.99%, with the consensus EPS estimate being $3.64. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how TopBuild performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Specialty Distribution: $737.08 million compared to the $696.84 million average estimate based on three analysts. The reported number represents a change of +36.2% year over year. Net Sales- Installation Services: $777.33 million compared to the $771.12 million average estimate based on three analysts. The reported number represents a change of +6.4% year over year. Net Sales- Intercompany eliminations: $-68.55 million versus the two-analyst average estimate of $-82.88 million. The reported number represents a year-over-year change of -4.9%. Operating profit, as reported- General corporate expense, net: $-10.67 million versus $-13.15 million estimated by two analysts on average. View all Key Company Metrics for TopBuild here>>> Shares of TopBuild have returned +19.4% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TopBuild Corp. (BLD) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

First quarter sales grew 17.2% to $1.45 billion driven by acquisitions DAYTONA BEACH, Fla., May 05, 2026 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building products to the construction industry in the United States and Canada, today reported results for the first quarter ended March 31, 2026. “Our first quarter performance was in line with our expectations as we continue our focus on delivering compounding shareholder returns, driving operational excellence, and executing our long-term strategy,” said Robert Buck, CEO of TopBuild. “In the first quarter, sales grew 17.2%, driven by the 2025 acquisitions of SPI and Progressive Roofing, offsetting the macro challenges in residential and light commercial new construction. While the residential market faces ongoing uncertainty, the heavy commercial and industrial end markets are healthy and our results are solid. We are also making excellent progress on the SPI integration and are on track to meet or exceed our original synergy targets,” Mr. Buck continued. “M&A continues to be a priority given our strong free cash flow and robust pipeline of acquisitions across our installation and specialty distribution segments. To date in 2026, we’re pleased to have completed four acquisitions which together add more than $80 million in annual revenue, further diversify our end-market exposure and continue to position us for long-term growth. “We are excited about our future in joining QXO, as was announced on April 19. By combining the TopBuild business with QXO, we are confident in our opportunities to accelerate our cross-selling initiatives, capitalize on procurement opportunities and leverage digital technology in a manner that will benefit our customers, employees and all stakeholders,” Mr. Buck concluded. Financial Highlights (comparisons are to the three months ended March 31, 2025) Sales Drivers (comparisons are to the three months ended March 31, 2025) Segment Profitability (comparisons are to the three months ended March 31, 2025) Capital Allocation 2026 Acquisitions In addition to the acquisitions completed as listed above, TopBuild has signed a definitive agreement to acquire Comfort Pro, an insulation installation company based in Little Suamico, Wisc. with approximately $6 million in annual sales....

TopBuild (BLD) came out with quarterly earnings of $3.75 per share, beating the Zacks Consensus Estimate of $3.64 per share. This compares to earnings of $4.63 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.99%. A quarter ago, it was expected that this insulation products company would post earnings of $4.39 per share when it actually produced earnings of $4.5, delivering a surprise of +2.51%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. TopBuild, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $1.45 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.06%. This compares to year-ago revenues of $1.23 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. TopBuild shares have added about 3.2% since the beginning of the year versus the S&P 500's gain of 5.2%. While TopBuild has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for TopBuild was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (St...

Since October 2025, TopBuild has been in a holding pattern, floating around $446.02. Is now the time to buy TopBuild, or should you be careful about including it in your portfolio? Dive into our full research report to see our analyst team’s opinion, it’s free. We're cautious about TopBuild. Here are three reasons we avoid BLD and a stock we'd rather own. We at StockStory place the most emphasis on long-term growth, but within industrials, a stretched historical view may miss cycles, industry trends, or a company capitalizing on catalysts such as a new contract win or a successful product line. TopBuild’s recent performance shows its demand has slowed significantly as its annualized revenue growth of 2% over the last two years was well below its five-year trend. Cost of sales for an industrials business is usually comprised of the direct labor, raw materials, and supplies needed to offer a product or service. These costs can be impacted by inflation and supply chain dynamics. TopBuild’s gross margin is slightly below the average industrials company, giving it less room to invest in areas such as research and development. As you can see below, it averaged a 29.8% gross margin over the last five years. That means TopBuild paid its suppliers a lot of money ($70.19 for every $100 in revenue) to run its business. While long-term earnings trends give us the big picture, we also track EPS over a shorter period because it can provide insight into an emerging theme or development for the business. TopBuild’s flat EPS over the last two years was worse than its 2% annualized revenue growth. This tells us the company became less profitable on a per-share basis as it expanded. TopBuild isn’t a terrible business, but it doesn’t pass our quality test. That said, the stock currently trades at 24.9× forward P/E (or $446.02 per share). While this valuation is reasonable, we don’t really see a big opportunity at the moment. We're fairly confident there are better stocks to buy right now. We’d recommend looking at an all-weather company that owns household favorite Taco Bell. ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is finally noticing it. These aren't just high-quality businesses. Something is happening with them right now. Elite fundamentals meeting near-term momentum — both boxes checked at the same time. Find out whic...

Conference Call and Webcast at 9:00 A.M. Eastern DAYTONA BEACH, Fla., April 07, 2026 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building material products to the construction industry in the United States and Canada, announced it will release its first quarter 2026 results prior to 7:00 a.m. Eastern time on Tuesday May 5th. The Company will host a conference call at 9:00 a.m. that same day to review its financial results. To participate in the live call, dial 1-877-407-9037 or internationally 1-201-493-6738 approximately ten minutes before the scheduled call time. A live, listen-only webcast can be accessed through the Company’s website at www.topbuild.com/investors. About TopBuild TopBuild Corp., headquartered in Daytona Beach, Florida, is a leading installer of insulation and commercial roofing and is also a specialty distributor of insulation and related building products to the construction industry in the United States and Canada. We provide insulation and commercial roofing installation services nationwide through our Installation Services segment which has over 200 branches located across the United States. We distribute building and mechanical insulation, insulation accessories and other building products for the residential, commercial, and industrial end markets through our Specialty Distribution business. Our Specialty Distribution network encompasses more than 250 branches across the United States and Canada. To learn more about TopBuild please visit our website at www.topbuild.com. This press release was published by a CLEAR® Verified individual. CONTACT: Investor Relations and Media Contact PI Aquino [email protected] 386-763-8801

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at home builders stocks, starting with TopBuild (NYSE:BLD). Traditionally, homebuilders have built competitive advantages with economies of scale that lead to advantaged purchasing and brand recognition among consumers. Aesthetic trends have always been important in the space, but more recently, energy efficiency and conservation are driving innovation. However, these companies are still at the whim of the macro, specifically interest rates that heavily impact new and existing home sales. In fact, homebuilders are one of the most cyclical subsectors within industrials. The 13 home builders stocks we track reported a mixed Q4. As a group, revenues beat analysts’ consensus estimates by 3.6%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 6.8% since the latest earnings results. Established in 2015 following a spinoff from Masco Corporation, TopBuild (NYSE:BLD) is a distributor and installer of insulation and other building products. TopBuild reported revenues of $1.49 billion, up 13.2% year on year. This print was in line with analysts’ expectations, but overall, it was a slower quarter for the company with full-year EBITDA guidance missing analysts’ expectations significantly and full-year revenue guidance slightly missing analysts’ expectations. TopBuild delivered the weakest full-year guidance update of the whole group. Unsurprisingly, the stock is down 20.3% since reporting and currently trades at $386.71. Read our full report on TopBuild here, it’s free. Named “America’s Most Trusted Home Builder” in 2019, Taylor Morrison Home (NYSE:TMHC) builds single family homes and communities across the United States. Taylor Morrison Home reported revenues of $2.1 billion, down 10.9% year on year, outperforming analysts’ expectations by 7.2%. The business had a stunning quarter with an impressive beat of analysts’ EBITDA estimates and a solid beat of analysts’ adjusted operating income estimates. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 7.7% since reporting. It currently trades at $61.27. Is now the time to buy Taylor Morrison Home? Access our full analysis of the earnings results here, it’s...

TopBuild reported Q4 sales of $1.49 billion (up 13.2%) driven largely by acquisitions (23% of growth) even as volume fell 10.5%, with adjusted EBITDA of $265 million (17.9% margin) and adjusted EPS of $4.50. For full-year 2025 the company delivered >$5.4 billion in revenue and $1.04 billion of adjusted EBITDA (19.2% margin), generated $697 million of free cash flow, deployed $1.9 billion of capital to add ~$1.2 billion of revenue, and finished with net debt of $2.7 billion (2.35x leverage). For 2026 TopBuild guided sales of $5.925B–$6.225B and adjusted EBITDA of $1.005B–$1.155B, forecasting low-single-digit volume and price pressure (residential down mid-single digits, commercial/industrial up low single digits) and citing about $55 million of price‑cost headwind and a ~27% EBITDA decremental at the midpoint. Interested in TopBuild Corp.? Here are five stocks we like better. Potential Rate Cuts Could Benefit These Firms TopBuild (NYSE:BLD) reported fourth-quarter and full-year 2025 results while emphasizing a continued focus on acquisitions and operational execution amid ongoing softness in residential and light commercial end markets. Management said consumer confidence remains low, interest rates are elevated, and affordability continues to weigh on demand, but it reiterated confidence in long-term housing fundamentals and pointed to solid bidding activity and backlog in commercial and industrial categories. Fourth-quarter sales increased 13.2% year over year to $1.49 billion, driven primarily by acquisitions completed during 2025, including SPI, which was acquired in the fourth quarter. CFO Robert Kuhns said acquisitions contributed 23% to the quarter’s sales growth, while pricing contributed 0.7%. Volume declined 10.5%, which management attributed to continued weakness in residential and light commercial markets. → SoundHound’s New Sales Assist Agent Put Voice AI Back in the Spotlight Insiders Spent Millions on These 3 Stocks Over the Past 2 Months By segment, Installation Services posted fourth-quarter sales of $798 million, up 1.2% from the prior year. Kuhns said M&A contributed 16.3% but was more than offset by a 14.5% volume decline and a 0.5% pricing decline. Specialty Distribution revenue rose 25.5% to $755 million, with acquisitions adding 28.9% and pricing up 2.2%, partially offset by a 5.5% decline in volume. Adjusted gross profit was $416 milli...