secwatch.observer — SEC 8-K summary
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Issuer:     TopBuild Corp (BLD)
CIK:        0001633931
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001558370-25-001433
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633931/000155837025001433/0001558370-25-001433-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633931/000155837025001433/bld-20250225x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-001433

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