TopBuild (BLD) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

TopBuild

NYSE•Industrials•Engineering & Construction

$354.53-5.23(-0.01%)After hours

Market Cap

$9.92B

P/E

19.7x

P/S

1.8x

P/B

4.1x

TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building material 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, garage doors, fireplaces, roofing materials, closet shelving, and other products. The company also offers insulation installation services for fiberglass batts and rolls, blown-in loose fill fiberglass, polyurethane spray foam, and blown-in loose fill cellulose applications; provides roofing installation services, re-roofing and maintenance for the commercial and industrial end markets including single ply roofing, built-up roofing systems, and metal roofing systems. 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 and industrial general contractors, school districts, municipalities, 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 installation branches and 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.

How this company scores

AverageMetricSide Score: 58/100

Strongest: Cash & Earnings Quality (21/25); weakest: Balance Sheet & Red Flags (9/25).

Profitability17/25

Growth11/25

Balance Sheet & Red Flags9/25

Cash & Earnings Quality21/25

Strengths

High ROECash-backed earningsConsistent free cash flowImproving margins

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 11.8% — watch for continued compression, which may signal competitive or cost pressure.

Leverage Risk

Watch

Debt-to-equity has risen 85.7% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $9.92B

Metrics at a Glance

as of March 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $5.62B
Q. Revenue: $1.45B
TTM EBITDA: $979.36M
TTM Op. Income: $789.49M
Q. Op. Income: $175.04M
TTM Net Income: $503.15M
Q. Net Income: $104.81M
EPS: $3.75
Shares Out.: $27.98M

$5.62B in TTM revenue grew 6.4% YoY, reaching $1.45B last quarter. TTM EBITDA of $979.36M and TTM operating income of $789.49M show growth is flowing through to the bottom line. TTM net income of $503.15M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 27.7%
EBITDA Margin: 16.0%
Op. Margin: 12.1%
Net Margin: 7.2%

Op. margin of 12.1% is down 2.3% YoY — costs are rising relative to revenue. Net margin at 7.2% and gross margin of 27.7% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 16% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: N/A
P/B Ratio: N/A

P/S of 0.0x and P/B of 0.0x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $6.71B
Cash: $268.85M
Long-Term Debt: $2.77B
Book Value: $2.40B
D/E Ratio: 1.2
Debt/EBITDA: 12.0

With $6.71B in assets and $2.77B in long-term debt, D/E is 1.2and book value is $2.40B — moderate leverage. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $160.74M
TTM Free Cash Flow: $704.43M
FCF Margin: 12.5%
FCF / Net Income: 1.4

TTM FCF of $704.43M on $160.74M in operating cash flow. The FCF / Net Income ratio of 1.4x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 3% — an improving trend.