Reported Earnings • May 06
First quarter 2026 earnings released: EPS: US$3.75 (vs US$4.25 in 1Q 2025) First quarter 2026 results: EPS: US$3.75 (down from US$4.25 in 1Q 2025). Revenue: US$1.45b (up 17% from 1Q 2025). Net income: US$104.8m (down 15% from 1Q 2025). Profit margin: 7.2% (down from 10.0% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Durables industry in South America. Board Change • Apr 29
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Independent Director Deirdre Drake was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 21
QXO, Inc. (NYSE:QXO) entered into a definitive agreement to acquire TopBuild Corp. (NYSE:BLD) for $14.3 billion. QXO, Inc. (NYSE:QXO) entered into a definitive agreement to acquire TopBuild Corp. (NYSE:BLD) for $14.3 billion on April 18, 2026. Under the agreement, TopBuild stockholders may elect to receive either $505 in cash or 20.2 shares of QXO common stock per share, subject to proration. Total consideration will be approximately 45% cash and 55% QXO stock, with cash capped at 45%. QXO may increase stock consideration if elections exceed 55% in shares, and its board will expand to include one TopBuild nominee. TopBuild shareholders expected to own approximately 19% of the combined company on a fully diluted basis (assuming 55% stock consideration). The transaction values each TopBuild share at $505, representing a premium of 19.8% to TopBuild’s 60-day volume-weighted average price and 23.1% to TopBuild’s closing price on April 17, 2026. The transaction will be financed through $3 billion senior secured term loan facility, $3 billion of bridge financing and the remaining will be funded from cash on hand. Following the acquisition of TopBuild, QXO will have approximately 28,000 employees, 1,150 locations across all 50 U.S. states and seven Canadian provinces, and a fleet size of more than 10,000 vehicles.
The transaction is subject to customary closing conditions, including approval by the shareholders of QXO, Inc. and TopBuild Corp., listing of new shares on the New York Stock Exchange, the expiration or termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, the effectiveness of a registration statement of QXO relating to the registration under the Securities Act of 1933 and and other regulatory approvals. The transaction is not subject to any financing contingency. The acquisition is expected to close in the third quarter of 2026. The transaction has been unanimously approved by the boards of directors of QXO, Inc. and TopBuild Corp. The transaction is expected to be immediately and substantially accretive to the company’s earnings.
Morgan Stanley & Co. LLC acted as financial advisor for QXO, Inc. Barclays Capital Inc. acted as financial advisor for QXO, Inc. Wells Fargo Securities, LLC acted as financial advisor for QXO, Inc. Scott A. Barshay, Nickolas Bogdanovich and Stan Richards of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for QXO, Inc. Goldman Sachs & Co. LLC acted as financial advisor for TopBuild Corp. RBC Capital Markets, LLC acted as financial advisor for TopBuild Corp. Robert A. Profusek, Benjamin L. Stulberg and Jared P. Hasson of Jones Day acted as legal advisor for TopBuild Corp. Annuncio • Apr 07
TopBuild Corp. to Report Q1, 2026 Results on May 05, 2026 TopBuild Corp. announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on May 05, 2026 Annuncio • Apr 02
TopBuild Corp. Announces Promotion of John Achille to President and Chief Operating Officer, Effective April 2, 2026 TopBuild Corp. announced that John Achille, Chief Operating Officer, has been promoted to President and Chief Operating Officer effective April 2, 2026. As President and COO, Mr. Achille will be responsible for the day-to-day operations of TopBuild’s Installation Services and Specialty Distribution businesses. He will also have responsibility for the Supply Chain organization and all growth initiatives, including Mergers and Acquisitions. Mr. Achille will continue to report to Robert Buck, CEO of TopBuild. Mr. Achille joined TopBuild in 2021 when the Company acquired American Building Systems where he served as Vice President of their Coastal Insulation business. Prior to his current role, he served as Executive Vice President of TruTeam. Prior to that, John held positions of increasing responsibility and leadership with the Company across Distribution International, Service Partners, and TruTeam. John began his career in project engineering and project management for Turner Construction and earned his Bachelor of Science degree in Civil and Environmental Engineering from Rutgers University. Annuncio • Mar 18
TopBuild Corp., Annual General Meeting, Apr 27, 2026 TopBuild Corp., Annual General Meeting, Apr 27, 2026. Annuncio • Feb 26
TopBuild Corp. Provides Earnings Guidance for the Ending December 31, 2026 TopBuild Corp. provided earnings guidance for the ending December 31, 2026. For the year, the company expects sales in the range of $5,925.0 million to $6,225.0 million. Estimated net income of $446.0 million - $507.0 million. Annuncio • Feb 25
TopBuild Corp. (NYSE:BLD) entered into an agreement to acquire Johnson Roofing, Inc. TopBuild Corp. (NYSE:BLD) entered into an agreement to acquire Johnson Roofing, Inc. on February 24, 2026. Annuncio • Jan 27
TopBuild Corp. to Report Q4, 2025 Results on Feb 26, 2026 TopBuild Corp. announced that they will report Q4, 2025 results at 7:00 AM, US Eastern Standard Time on Feb 26, 2026 Board Change • Jan 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Independent Director Deirdre Drake was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: US$5.08 (vs US$5.68 in 3Q 2024) Third quarter 2025 results: EPS: US$5.08 (down from US$5.68 in 3Q 2024). Revenue: US$1.39b (up 1.4% from 3Q 2024). Net income: US$142.2m (down 16% from 3Q 2024). Profit margin: 10% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in South America. Annuncio • Nov 05
TopBuild Corp. Raises Earnings Guidance for the Full Year Ending December 31, 2025 TopBuild Corp. raised earnings guidance for the full year ending December 31, 2025. 2025. For the year, the company expects sales in the range of $5,350 million to $5,450 million and Estimated net income, as reported is expected to be $497.0 million to $542.0 million. Annuncio • Nov 04
TopBuild Corp. (NYSE:BLD) acquired Performance Insulation Fabricators, Inc. TopBuild Corp. (NYSE:BLD) acquired Performance Insulation Fabricators, Inc. on October 31, 2025. PIF generates annual revenue of approximately $8.9 million.
TopBuild Corp. (NYSE:BLD) completed the acquisition of Performance Insulation Fabricators, Inc. on October 31, 2025. Board Change • Oct 24
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Deirdre Drake was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Oct 08
TopBuild Corp. (NYSE:BLD) acquired Specialty Products and Insulation LLC from Incline Management, L.P. for $1 billion. TopBuild Corp. (NYSE:BLD) acquired Specialty Products and Insulation LLC from Incline Management, L.P. for $1 billion on October 7, 2025.The consideration of $1 billion will be paid in cash. The acquisition excludes Specialty Products and Insulation LLC's Metal Building Insulation Business. The transaction will be financed with cash on hand, including proceeds from the September senior notes issuance. The transaction represents approximately 12.4x Specialty Products and Insulation LLC’s earnings before interest, taxes, depreciation and amortization, inclusive of a $70 million tax asset. For the period ending June 30, 2025, Specialty Products and Insulation LLC reported total revenue of $700 million, EBITDA of $75 million and employs approximately 1000 people. Considering synergies of $35 million-$40 million within two years, the transaction multiple is 8.3x EBITDA. The transaction is immediately accretive to earnings per share.
Guggenheim Securities, LLC acted as financial advisor to TopBuild Corp. J.P. Morgan Securities LLC acted as financial advisor to TopBuild Corp. Ben Stulberg and Jared Hasson of Jones Day acted as legal advisor to TopBuild Corp. Piper Sandler & Co. acted as financial advisor to Specialty Products and Insulation LLC. Walter S. Holzer, Melanie B. Harmon, Michael K. Bassi, Roger S. Lucas, Christopher J. Worek, James H. Mutchnik, Molly Kelley and Ian G. John of Kirkland & Ellis LLP acted as legal advisor to Specialty Products and Insulation LLC and Incline Management, L.P.
TopBuild Corp. (NYSE:BLD) completed the acquisition of Specialty Products and Insulation LLC from Incline Management, L.P. on October 7, 2025. Annuncio • Oct 07
TopBuild Corp. to Report Q3, 2025 Results on Nov 04, 2025 TopBuild Corp. announced that they will report Q3, 2025 results at 7:00 AM, US Eastern Standard Time on Nov 04, 2025 Recent Insider Transactions • Aug 28
CFO & VP recently sold Mex$11m worth of stock On the 22nd of August, Robert Kuhns sold around 1k shares on-market at roughly Mex$8,132 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth Mex$57m. Robert has been a net seller over the last 12 months, reducing personal holdings by Mex$39m. Board Change • Aug 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Deirdre Drake was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Aug 09
CEO, President & Director recently sold Mex$57m worth of stock On the 7th of August, Robert Buck sold around 7k shares on-market at roughly Mex$7,768 per share. This transaction amounted to 9.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months. Reported Earnings • Aug 05
Second quarter 2025 earnings released: EPS: US$5.34 (vs US$4.81 in 2Q 2024) Second quarter 2025 results: EPS: US$5.34 (up from US$4.81 in 2Q 2024). Revenue: US$1.30b (down 5.0% from 2Q 2024). Net income: US$151.6m (flat on 2Q 2024). Profit margin: 12% (in line with 2Q 2024). Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Durables industry in South America. Board Change • Aug 05
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Deirdre Drake was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Aug 05
TopBuild Corp. Provides Earnings Guidance for the Full Year 2025 TopBuild Corp. provided earnings guidance for the full year 2025. For the year, the company expects sales in the range of $5,150.0 million to $5,350.0 million. Annuncio • Jul 15
TopBuild Corp. (NYSE:BLD) completed the acquisition of Progressive Services, Inc. from Bow River Asset Management LLC. TopBuild Corp. (NYSE:BLD) entered into a definitive agreement to acquire Progressive Services, Inc. from Bow River Asset Management LLC for $810 million on July 8, 2025. A cash consideration of $810 million will be paid by TopBuild Corp. towards the common equity of Progressive Services, Inc. The transaction will be funded with proceeds from TopBuild’s recently expanded credit facility with net proceeds of $524 million along with delayed draw of $250 million and cash on hand. For the period ending March 31, 2025, Progressive Services, Inc. reported total revenue of $438 million and EBITDA of $89 million. Progressive employs more than 1,700 people across 12 branches.
The transaction is subject to customary closing conditions, including expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and regulatory approvals. The expected completion of the transaction is in the early third quarter of 2025. The transaction is expected to be immediately accretive to adjusted earnings per share.
RBC Capital Markets, LLC acted as financial advisor and Ben Stulberg and Jared Hasson of Jones Day acted as legal advisors for TopBuild Corp. Guggenheim Securities, LLC and Citizens JMP Securities, LLC acted as financial advisor for Bow River Asset Management LLC and Progressive Services, Inc. Brownstein Hyatt Farber Schreck, LLP acted as legal advisor for Bow River Asset Management LLC and Progressive Services, Inc.
TopBuild Corp. (NYSE:BLD) completed the acquisition of Progressive Services, Inc. from Bow River Asset Management LLC on July 15, 2025. Annuncio • Jul 14
TopBuild Corp. to Report Q2, 2025 Results on Aug 05, 2025 TopBuild Corp. announced that they will report Q2, 2025 results at 7:00 AM, US Eastern Standard Time on Aug 05, 2025 Annuncio • Jul 08
TopBuild Corp. (NYSE:BLD) entered into a definitive agreement to acquire Progressive Services, Inc. from Bow River Asset Management LLC for $810 million. TopBuild Corp. (NYSE:BLD) entered into a definitive agreement to acquire Progressive Services, Inc. from Bow River Asset Management LLC for $810 million on July 8, 2025. A cash consideration of $810 million will be paid by TopBuild Corp. towards the common equity of Progressive Services, Inc. The transaction will be funded with proceeds from TopBuild’s recently expanded credit facility with net proceeds of $524 million along with delayed draw of $250 million and cash on hand. For the period ending March 31, 2025, Progressive Services, Inc. reported total revenue of $438 million and EBITDA of $89 million. Progressive employs more than 1,700 people across 12 branches.
The transaction is subject to customary closing conditions, including expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and regulatory approvals. The expected completion of the transaction is in the early third quarter of 2025. The transaction is expected to be immediately accretive to adjusted earnings per share.
RBC Capital Markets, LLC acted as financial advisor and Ben Stulberg and Jared Hasson of Jones Day acted as legal advisors for TopBuild Corp. Guggenheim Securities, LLC and Citizens JMP Securities, LLC acted as financial advisor for Bow River Asset Management LLC and Progressive Services, Inc. Brownstein Hyatt Farber Schreck, LLP acted as legal advisor for Bow River Asset Management LLC and Progressive Services, Inc. Annuncio • May 06
TopBuild Corp. Confirms Earnings Guidance for the Full Ending December 31, 2025 TopBuild Corp. confirmed earnings guidance for the full year Ending December 31, 2025. For the year, company expected sales to be in range of $5,050 Million to $5,350 million. Estimated net income, as reported is expected to be $508.0 million to $630.0 million. Annuncio • Apr 08
TopBuild Corp. to Report Q1, 2025 Results on May 06, 2025 TopBuild Corp. announced that they will report Q1, 2025 results at 7:00 AM, US Eastern Standard Time on May 06, 2025 Annuncio • Mar 17
TopBuild Corp., Annual General Meeting, Apr 28, 2025 TopBuild Corp., Annual General Meeting, Apr 28, 2025. Recent Insider Transactions • Mar 07
Insider recently sold Mex$11m worth of stock On the 3rd of March, Steven Raia sold around 2k shares on-market at roughly Mex$6,274 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$75m more than they bought in the last 12 months. Annuncio • Mar 04
TopBuild Corp. (NYSE:BLD) agreed to acquire Seal-rite Insulation Inc. TopBuild Corp. (NYSE:BLD) agreed to acquire Seal-rite Insulation Inc. on March 4, 2025. The transaction is expected to close in the second quarter. Board Change • Mar 03
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Deirdre Drake was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Feb 28
TopBuild Corp. (NYSE:BLD) announces an Equity Buyback for $1,000 million worth of its shares. TopBuild Corp. (NYSE:BLD) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its shares. The program has no expiration date. Annuncio • Feb 26
TopBuild Corp. Provides Earnings Guidance for the Full Year 2025 TopBuild Corp. provided earnings guidance for the full year 2025. For the period, the company expects Sales to be range of $5,050 million to $5,350 million. Board Change • Feb 08
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Deirdre Drake was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jan 27
TopBuild Corp. to Report Q4, 2024 Results on Feb 25, 2025 TopBuild Corp. announced that they will report Q4, 2024 results at 7:00 AM, US Eastern Standard Time on Feb 25, 2025 Board Change • Nov 25
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Deirdre Drake was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Third quarter 2024 earnings released: EPS: US$5.68 (vs US$5.30 in 3Q 2023) Third quarter 2024 results: EPS: US$5.68 (up from US$5.30 in 3Q 2023). Revenue: US$1.37b (up 3.6% from 3Q 2023). Net income: US$169.0m (flat on 3Q 2023). Profit margin: 12% (in line with 3Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Durables industry in South America. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Board Change • Nov 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Deirdre Drake was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 05
TopBuild Corp. Revises Earnings Guidance for the Full Year Ending December 31, 2024 TopBuild Corp. revised earnings guidance for the full year ending December 31, 2024. For the year, the company narrowed Sales guidance in the range of $5,300 million to $5,350 million and net income guidance in the range of $606.0 million to $634.0 million. The company is narrowing 2024 outlook based on assumptions for a continued uneven housing environment and the ongoing delay of certain commercial/industrial projects. Annuncio • Oct 10
TopBuild Corp. to Report Q3, 2024 Results on Nov 05, 2024 TopBuild Corp. announced that they will report Q3, 2024 results at 7:00 AM, US Eastern Standard Time on Nov 05, 2024 Annuncio • Oct 07
Topbuild Corp. Appoints Joseph M. Viselli as Chief Growth Officer Effective October 1, 2024, Joseph M. Viselli, Chief Operating Officer of TopBuild Corp., transitioned to the role of Chief Growth Officer of the Company to help execute the Company’s growth plans. Mr. Viselli continues to report to Robert M. Buck, President and Chief Executive Officer of the Company. Board Change • Oct 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Deirdre Drake was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Aug 08
TopBuild Corp. (NYSE:BLD) acquired Assets of the residential and light commercial insulation business of Green Space Insulation, Llc from Green Space Insulation, Llc for approximately $4.3 million. TopBuild Corp. (NYSE:BLD) acquired Assets of the residential and light commercial insulation business of Green Space Insulation, Llc from Green Space Insulation, Llc for approximately $4.3 million on April 18, 2024.The purchase price of approximately $4.3 million was funded by cash on hand.
TopBuild Corp. (NYSE:BLD) completed the acquisition of Assets of the residential and light commercial insulation business of Green Space Insulation, Llc from Green Space Insulation, Llc on April 18, 2024. Annuncio • Aug 06
TopBuild Corp. Revises Earnings Guidance for the Full Year Ending December 31, 2024 TopBuild Corp. revised earnings guidance for the full year ending December 31, 2024. For the year, the company expected Sales in the range of $5,300 million to $5,500 million and net income in the range of $603.0 million to $663.0 million. Annuncio • Jul 09
TopBuild Corp. to Report Q2, 2024 Results on Aug 06, 2024 TopBuild Corp. announced that they will report Q2, 2024 results at 7:00 AM, US Eastern Standard Time on Aug 06, 2024 Annuncio • Apr 12
TopBuild Corp. to Report Q1, 2024 Results on May 07, 2024 TopBuild Corp. announced that they will report Q1, 2024 results at 7:00 AM, US Eastern Standard Time on May 07, 2024 Annuncio • Mar 16
TopBuild Corp., Annual General Meeting, Apr 29, 2024 TopBuild Corp., Annual General Meeting, Apr 29, 2024, at 10:00 US Eastern Standard Time. Agenda: To elect each of Alec C. Covington, Ernesto Bautista III, Robert M. Buck, Joseph S. Cantie, Tina M. Donikowski, Deirdre C. Drake, Mark A. Petrarca and Nancy M. Taylor as Directors of the Company for a term of one year or until their respective successors have been duly elected and qualified; to ratify the appointment by the Audit Committee of Board of Directors of PricewaterhouseCoopers LLP as independent registered public accounting firm for the year ending December 31, 2024; to approve, on an advisory basis, the compensation of named executive officers; and to transact such other business as may properly come before the meeting and any adjournments or postponements thereof. Annuncio • Feb 29
TopBuild Corp. Provides Earnings Guidance for the Year Ending December 31, 2024 TopBuild Corp. provided earnings guidance for the year ending December 31, 2024. For the year, the company expects sales to be in the range of $5,360 million to $5,560 million and net income to be in the range of $588.0 million to $667.0 million. Annuncio • Feb 28
TopBuild Corp. entered into an agreement to acquire Morris Black And Sons, Inc. TopBuild Corp. entered into an agreement to acquire Morris Black And Sons, Inc. on February 28, 2024. The transaction is expected to close on March 1, 2024. Annuncio • Jan 26
TopBuild Corp. to Report Q4, 2023 Results on Feb 28, 2024 TopBuild Corp. announced that they will report Q4, 2023 results at 7:00 AM, US Eastern Standard Time on Feb 28, 2024 Annuncio • Jan 13
TopBuild Corp. Announces Executive Changes TopBuild Corp. announced effective immediately, Steven P. Raia, President, TruTeam Operations of TopBuild Corp. will be taking the role of President, TopBuild Special Operations and Executive Adviser for the Company. In this role Mr. Raia will oversee the Company’s Special Operations resources and activities focused on improving business efficiency and operations. Mr. Raia will continue to report to Robert M. Buck, President and Chief Executive Officer of the Company, and will also work closely with the entire Executive Team as an adviser on various business and operational matters. At the same time, Jeffrey M. Krestancic will take on the role of President, TruTeam. Mr. Krestancic has been an employee of the Company for over 18 years in a variety of roles, most recently serving as Senior Vice President, TruTeam Operations. Annuncio • Nov 01
TopBuild Corp. Provides Earnings Guidance for the Year Ending December 31, 2023 TopBuild Corp. provided earnings guidance for the year ending December 31, 2023. for the year, the company expects sales of $5,130 million to $5,210 million and Estimated net income of $597.0 million to $625.0 million. Annuncio • Oct 05
TopBuild Corp. to Report Q3, 2023 Results on Oct 31, 2023 TopBuild Corp. announced that they will report Q3, 2023 results at 7:00 AM, Eastern Standard Time on Oct 31, 2023 Annuncio • Sep 21
TopBuild Corp. Announces Appointment of Madeline Otero as Chief Accounting Officer, Effective Mid-October 2023 On September 19, 2023, TopBuild Corp. announced its intention to appoint Madeline Otero as Vice President and Chief Accounting Officer. Ms. Otero’s appointment is expected to become effective in mid-October 2023. Ms. Otero will lead the Company’s accounting organization as Principal Accounting Officer and will report directly to the Company’s CFO, Robert Kuhns. Ms. Otero, 47, is joining the Company from Tupperware Brands Corporation where she most recently served as Senior Vice President and Chief Accounting Officer since 2021. Ms. Otero has a 23-year history with Tupperware Brands Corporation and subsidiaries, where she has served in numerous accounting and finance leadership roles including Senior Vice President Finance & Accounting from 2020-2021 and Vice President & Controller from 2018-2020. Ms. Otero started her career with Ernst & Young, LLP. Annuncio • Aug 04
TopBuild Corp. Provides Earnings guidance for the Year 2023 TopBuild Corp. provided earnings guidance for the year 2023. For the period, Company expects sales to be in range of $5,025 million to $5,175 million. Annuncio • Jul 28
TopBuild Corp. (NYSE:BLD) entered into a definitive agreement to acquire Specialty Products & Insulation Co. from Incline Management, L.P. in an all-cash transaction valued at $960 million. TopBuild Corp. (NYSE:BLD) entered into a definitive agreement to acquire Specialty Products & Insulation Co. (SPI) from Incline Management, L.P. in an all-cash transaction valued at $960 million on July 27, 2023. For the trailing 12 months ended March 31, 2023, SPI generated pro forma revenue of approximately $703 million and adjusted EBITDA of $77 million. TopBuild plans to fund this $960 million transaction with a new $550 million Term Loan A and cash on hand. The transaction, which has been approved by TopBuild’s Board of Directors, is subject to customary closing conditions, including expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.Guggenheim Securities, LLC and J.P. Morgan Securities LLC are serving as financial advisors to TopBuild, and Jones Day is acting as legal counsel. Piper Sandler is serving as financial advisor to SPI, and Kirkland and Ellis LLP is acting as legal counsel. Annuncio • Jul 12
TopBuild Corp. (NYSE:BLD) entered into an agreement to acquire assets of Best Insulation LLC. TopBuild Corp. (NYSE:BLD) entered into an agreement to acquire assets of Best Insulation LLC on July 11, 2023. Travis Lafayette, the President of Best Insulation, will join TopBuild. The transaction is expected to close within seven business days. Annuncio • Jul 07
TopBuild Corp. to Report Q2, 2023 Results on Aug 03, 2023 TopBuild Corp. announced that they will report Q2, 2023 results at 7:00 AM, US Eastern Standard Time on Aug 03, 2023 Annuncio • May 05
Topbuild Corp. Announces Earnings Guidance for 2023 TopBuild Corp. announced earnings guidance for 2023. For 2023, the company expects the Sales from $4,700 million to $4,900 million. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: US$17.26 (vs US$9.88 in FY 2021) Full year 2022 results: EPS: US$17.26 (up from US$9.88 in FY 2021). Revenue: US$5.01b (up 44% from FY 2021). Net income: US$556.0m (up 72% from FY 2021). Profit margin: 11% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.3% p.a. on average during the next 2 years, while revenues in the Consumer Durables industry in Mexico are expected to grow by 9.7%. Over the last 3 years on average, earnings per share has increased by 37% per year and the company’s share price has also increased by 37% per year. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: US$4.79 (vs US$2.91 in 3Q 2021) Third quarter 2022 results: EPS: US$4.79 (up from US$2.91 in 3Q 2021). Revenue: US$1.30b (up 54% from 3Q 2021). Net income: US$153.7m (up 61% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in South America are expected to grow by 10%. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$4.43 (vs US$2.75 in 2Q 2021) Second quarter 2022 results: EPS: US$4.43 (up from US$2.75 in 2Q 2021). Revenue: US$1.27b (up 53% from 2Q 2021). Net income: US$143.7m (up 59% from 2Q 2021). Profit margin: 11% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 10%, compared to a 13% growth forecast for the industry in Mexico.