secwatch.observer — SEC 8-K summary
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Issuer:     TopBuild Corp (BLD)
CIK:        0001633931
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001558370-23-001819
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633931/000155837023001819/0001558370-23-001819-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633931/000155837023001819/bld-20230223x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-001819

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer