earnings
confidence high
sentiment positive
materiality 0.75
TopBuild reports Q2 sales $1.3B (-5% YoY); closes $810M Progressive Roofing deal
TopBuild Corp
2025-Q2 EPS reported
$9.53
revenue$2,530,681,000
- Q2 adjusted EBITDA margin 20.1%, reported EPS $5.32 vs $4.78 YoY.
- Sales $1.3B down 5.0% YoY; Installation volume -10.5% partly offset by Specialty Distribution +1.1%.
- Closed Progressive Roofing acquisition in July for $810M; adds ~$438M annual revenue.
- 2025 outlook: sales $5.15-$5.35B, adjusted EBITDA $970M-$1,070M, including acquisition.
- Repurchased 454,802 shares for $136M in Q2; YTD $351.6M; $836.4M remaining.
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