TopBuild Q1 sales up 57.4% to $1.17B; raises 2022 outlook, $100M ASR

TopBuild Corp

2022-Q1 EPS reported $3.47 revenue$1,168,918,000

Sales $1.169B (+57.4% YoY); adjusted EPS $3.50 (+73.3% YoY); same-branch revenue +18.7%.
Gross margin expanded 170 bps to 28.3%; same-branch adj. EBITDA margin +310 bps to 18.7%.
2022 sales outlook raised to $4.65-$4.80B; adj. EBITDA outlook raised to $810-$860M.
Announced $100M accelerated share repurchase; Q1 repurchased 238,154 shares at avg. $209.95.
Integration of Distribution International on track to achieve $35-$40M synergies.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.