{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-001907","form_type":"8-K","ticker":"BLD","cik":"0001633931","company_name":"TopBuild Corp","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.878059+00:00","generated_at":"2026-06-05T08:56:09.880751+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TopBuild Q4 sales up 1.7% to $1.29B; adjusted EPS $4.69; guides 2024 sales $5.36-$5.56B","bullets":["Q4 revenue $1.286B (+1.7% YoY); gross margin 30.4% (+70 bps); adjusted EBITDA margin 19.6% (+80 bps).","Full-year revenue $5.195B (+3.7%); gross margin 30.9% (+120 bps); adjusted EBITDA margin 20.2% (+140 bps).","Q4 adjusted diluted EPS $4.69 (+6.6%); FY adjusted diluted EPS $19.73 (+15.3%).","2024 outlook: sales $5.36B-$5.56B; adjusted EBITDA $1.04B-$1.13B; expects mid-single-digit growth in each end market.","Acquired four insulation firms in 2023 (~$173M annual revenue); YTD 2024 added Brabble, Morris Black & Sons, and Pest Control Insulation."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-001907","json":"https://secwatch.observer/filing/0001558370-24-001907.json","markdown":"https://secwatch.observer/filing/0001558370-24-001907.md","text":"https://secwatch.observer/filing/0001558370-24-001907.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1633931/000155837024001907/0001558370-24-001907-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1633931/000155837024001907/bld-20240228x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T08:56:09.880751+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6bdf8f336d7b8acd93f5dfaf47e334d62a3461fe","claim":"TopBuild Corp reported 2024 results: revenue Sales $ 5,360 $ 5,560. Guidance initiated.","evidence_excerpt":"to again demonstrate the unique advantages of our operating model and take advantage of our multiple avenues for growth.” ROBERT BUCK, PRESIDENT & CEO, TOPBUILD Sales $ 5,360 $ 5,560 ​ Adjusted EBITDA* $ 1,040 $ 1,130 ​ ​ *See table for adjusted EBITDA reconciliation. ​ ​ ​ ​ ​ ​ ​ ​ 2024 Assumptions ​ ​ Residential Revenue Mid Single","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633931/000155837024001907/0001558370-24-001907-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2024"},{"label":"Revenue","value":"Sales $ 5,360 $ 5,560"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"e78fe42934fc36c6c0ca6ff3db41dfaf5faafe29","claim":"TopBuild Corp reported the quarter ended December 31, 2023 results: net income Net Income $146,382, EPS Net Income per diluted share $4.60. Guidance initiated.","evidence_excerpt":"On February 28, 2024, TopBuild Corp., a Delaware corporation (the “Company”), issued a press release announcing its financial results for the quarter ended December 31, 2023 (the “Press Release”).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633931/000155837024001907/0001558370-24-001907-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Net income","value":"Net Income $146,382"},{"label":"EPS","value":"Net Income per diluted share $4.60"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f6417852645f5eb4706ea2866d4a4c73eed74664","claim":"TopBuild Corp reported the fiscal year ended December 31, 2023 results: net income Net Income $614,254, EPS Net Income per diluted share $19.33. Guidance initiated.","evidence_excerpt":"On February 28, 2024, TopBuild Corp., a Delaware corporation (the “Company”), issued a press release announcing its financial results for the quarter ended December 31, 2023 (the “Press Release”).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633931/000155837024001907/0001558370-24-001907-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2023"},{"label":"Net income","value":"Net Income $614,254"},{"label":"EPS","value":"Net Income per diluted share $19.33"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}