---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-001433"
form_type: "8-K"
ticker: "BLD"
cik: "0001633931"
company_name: "TopBuild Corp"
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T04:46:58.176112+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TopBuild Q4 sales up 2% to $1.31B; FY2024 adj EBITDA $1.07B; guides 2025 sales $5.05-5.35B, new $1B buyback

## Summary
- Q4 GAAP EPS $5.11 vs $4.60 YoY; adjusted EPS $5.13 vs $4.69; sales $1.31B (+2.0%).
- Full year 2024 sales $5.33B (+2.6%); adjusted EBITDA $1.07B (20.2% margin); record results.
- 2025 outlook: sales $5.05-5.35B, adj EBITDA $925M-1.075B; expects residential mid-single digit decline.
- Board authorized new $1B share repurchase; total availability $1.2B including remaining prior authorization.
- Completed 8 acquisitions in 2024 adding $153.1M annual sales; repurchased 2.5M shares for $966.4M in 2024.

## SEC filing metadata
- accession: 0001558370-25-001433
- form_type: 8-K
- ticker: BLD
- cik: 0001633931
- company_name: TopBuild Corp
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633931/000155837025001433/0001558370-25-001433-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633931/000155837025001433/bld-20250225x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-001433
- JSON: https://secwatch.observer/filing/0001558370-25-001433.json
- Plain text: https://secwatch.observer/filing/0001558370-25-001433.txt

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