---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-001819"
form_type: "8-K"
ticker: "BLD"
cik: "0001633931"
company_name: "TopBuild Corp"
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T02:44:50.712646+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# TopBuild Q4 sales up 18.9% to $1.26B, EPS $4.52; guides 2023 EBITDA $820M-$910M

## Summary
- Q4 net income $143.8M ($4.52 diluted EPS) vs $78.3M ($2.37) a year ago; adjusted EPS $4.40.
- Full-year 2022 sales $5.0B (+43.7%), net income $556M (+71.6%), adjusted EBITDA margin 18.8%.
- 2023 guidance: sales $4.7B-$4.9B, adjusted EBITDA $820M-$910M.
- Acquired SRI Holdings in Jan 2023 for ~$62M annual revenue; repurchased $250M in shares in 2022.
- Installation segment Q4 sales +21.4%, Specialty Distribution +15.9%; both segments expanded margins.

## SEC filing metadata
- accession: 0001558370-23-001819
- form_type: 8-K
- ticker: BLD
- cik: 0001633931
- company_name: TopBuild Corp
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633931/000155837023001819/0001558370-23-001819-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633931/000155837023001819/bld-20230223x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-001819
- JSON: https://secwatch.observer/filing/0001558370-23-001819.json
- Plain text: https://secwatch.observer/filing/0001558370-23-001819.txt

## Key facts
- Earnings Releases
  TopBuild Corp reported year ended December 31, 2022 results: revenue $5.0 billion, net income $556.0 million, EPS $17.14.
  - Period: year ended December 31, 2022
  - Revenue: $5.0 billion
  - Net income: $556.0 million
  - EPS: $17.14
  - Result: reported results
  source text: Full Year Highlights ● Sales increase 43.7% to $5.0 billion, with same branch revenue increasing 18.8% ● Net income increases 71.6% to $556.0 million, or $17.14 per diluted share ● Adjusted EBITDA margin expands 140 basis points to 18.8%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633931/000155837023001819/0001558370-23-001819-index.htm
- Earnings Releases
  TopBuild Corp reported quarter ended December 31, 2022 results: revenue $1.3 billion, net income $143.8 million, EPS $4.52.
  - Period: quarter ended December 31, 2022
  - Revenue: $1.3 billion
  - Net income: $143.8 million
  - EPS: $4.52
  - Result: reported results
  source text: TopBuild Reports Fourth Quarter and Year-End 2022 Financial Results Fourth Quarter Highlights ● Sales increase 18.9% to $1.3 billion, with same branch revenue increasing 14.2% ● Net income increases 83.6% to $143.8 million, or $4.52 per diluted share ● Adjusted EBITDA margin expands 170 basis points to 18.8%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633931/000155837023001819/0001558370-23-001819-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.