earnings
confidence high
sentiment neutral
materiality 0.70
TopBuild Q1 sales down 3.6% to $1.23B; adj. EBITDA margin 19.0%; confirms FY outlook
TopBuild Corp
2025-Q1 EPS reported
$4.23
revenue$1,233,278,000
- Net income $123.4M ($4.23 diluted EPS); adjusted EPS $4.63 vs $4.81 YoY.
- Installation sales -6.7% on weak new residential; Specialty Distribution +2.6%.
- Adjusted gross margin 29.6% (down from 30.3%); adjusted EBITDA margin 19.0% (down from 19.8%).
- FY 2025 guidance confirmed: sales $5.05-5.35B, adj. EBITDA $925M-1.075B.
- Repurchased 693,881 shares for $215.6M in Q1; $972.4M remaining; closed Seal-Rite acquisition (~$15M rev).