TopBuild Q2 sales $1.37B (+3.7% YoY), adj. EBITDA $277.7M; revises FY 2024 guidance

TopBuild Corp

2024-Q2 EPS reported $9.56 revenue$2,644,329,000

Net income $150.7M ($4.78 diluted EPS); adjusted net income $170.8M ($5.42 diluted EPS).
Gross margin 31.0% (down from 32.0%); adj. EBITDA margin 20.3% (down from 20.9%).
Installation segment sales +5.2%, Specialty Distribution +3.2%; M&A added 2.9% to total sales growth.
Completed 6 acquisitions YTD expected to generate ~$107M annual revenue; repurchased 1.25M shares for $505.2M.
Revised FY 2024 guidance: sales $5.3-$5.5B; adj. EBITDA $1.055-$1.125B.

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.