TopBuild Balance Sheet Health
Financial Health criteria checks 3/6
TopBuild has a total shareholder equity of $2.2B and total debt of $2.9B, which brings its debt-to-equity ratio to 128.7%. Its total assets and total liabilities are $6.4B and $4.2B respectively. TopBuild's EBIT is $859.9M making its interest coverage ratio 10.4. It has cash and short-term investments of $1.1B.
Key information
128.69%
Debt to equity ratio
US$2.86b
Debt
| Interest coverage ratio | 10.4x |
| Cash | US$1.14b |
| Equity | US$2.22b |
| Total liabilities | US$4.19b |
| Total assets | US$6.41b |
Recent financial health updates
TopBuild (NYSE:BLD) Seems To Use Debt Quite Sensibly
Jan 05
Is TopBuild (NYSE:BLD) Using Too Much Debt?
Jul 02Is TopBuild (NYSE:BLD) A Risky Investment?
Mar 20Recent updates
TopBuild (NYSE:BLD) Seems To Use Debt Quite Sensibly
Jan 05TopBuild: Quite Acquisitive, But Organic Growth Remains Lackluster
Dec 29A Look At The Intrinsic Value Of TopBuild Corp. (NYSE:BLD)
Sep 09TopBuild Corp. (NYSE:BLD) Just Reported And Analysts Have Been Lifting Their Price Targets
Aug 08Should You Think About Buying TopBuild Corp. (NYSE:BLD) Now?
Aug 04Is TopBuild (NYSE:BLD) Using Too Much Debt?
Jul 02Little Excitement Around TopBuild Corp.'s (NYSE:BLD) Earnings
Jun 16What Is TopBuild Corp.'s (NYSE:BLD) Share Price Doing?
May 05TopBuild Corp.'s (NYSE:BLD) Intrinsic Value Is Potentially 29% Above Its Share Price
Apr 04Is TopBuild (NYSE:BLD) A Risky Investment?
Mar 20TopBuild Corp. (NYSE:BLD) Just Released Its Full-Year Earnings: Here's What Analysts Think
Feb 28TopBuild's Pop Doesn't Justify An Upgrade Just Yet
Feb 26Is It Time To Consider Buying TopBuild Corp. (NYSE:BLD)?
Jan 21TopBuild: Warming Up To This Insulator Supplier
Dec 11Unlocking TopBuild's Growth Potential: Margin Expansion And Favorable Market Conditions
Sep 30
Housing Market Boom And Smart Acquisitions Set To Propel Growth Despite Economic Headwinds
Expansion into energy-efficient building products and services could bolster revenue and margins by meeting increasing demand for green codes.TopBuild: Fresh Highs As A Rebound Is Anticipated
Jul 15TopBuild: Strong M&A Expertise And Productivity Initiatives Improving Margins
May 23TopBuild: Insulation Play Has Warmed Up (Rating Downgrade)
Mar 19Financial Position Analysis
Short Term Liabilities: BLD's short term assets ($2.4B) exceed its short term liabilities ($842.7M).
Long Term Liabilities: BLD's short term assets ($2.4B) do not cover its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: BLD's net debt to equity ratio (77.3%) is considered high.
Reducing Debt: BLD's debt to equity ratio has increased from 55.6% to 128.7% over the past 5 years.
Debt Coverage: BLD's debt is well covered by operating cash flow (29.6%).
Interest Coverage: BLD's interest payments on its debt are well covered by EBIT (10.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/05 18:08 |
| End of Day Share Price | 2026/01/02 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
TopBuild Corp. is covered by 18 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Reuben Garner | Benchmark Company |
| Daniel Wang | Berenberg |
| Rafe Jadrosich | BofA Global Research |