secwatch.observer — SEC 8-K summary
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Issuer:     TopBuild Corp (BLD)
CIK:        0001633931
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001558370-22-015714
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TopBuild Q3 net sales $1.30B (+53.8%), EPS $4.76, guides FY22 sales $4.95-5.0B
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- Net sales $1.30B (+53.8% YoY); diluted EPS $4.76 (+65.3%); adjusted diluted EPS $4.80 (+62.7%).
- Operating margin expanded 130 bps to 17.1%; same-branch sales up 22.6% with EBITDA margin up 190 bps to 20.6%.
- Installation segment sales +27.8% (volume +12.3%, price +13.8%); Specialty Distribution sales +111.1% (M&A +92.4%).
- FY2022 guidance: sales $4.95B-$5.0B, adjusted EBITDA $915M-$935M.
- Q3 repurchased 269,544 shares at avg $185.50; YTD 5 acquisitions with ~$17.3M annual revenue contribution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633931/000155837022015714/0001558370-22-015714-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633931/000155837022015714/bld-20221101x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-015714

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