Highest-materiality recent filing
Election deadline for TopBuild stockholders: 5:00 p.m. ET on June 29, 2026.
TopBuild Q1 sales up 17.2% to $1.45B; net income down 15% to $104.8M; four acquisitions in 2026
Sales $1.45B (+17.2% YoY); reported gross margin 27.7% vs 28.5%, operating margin 12.1% vs 14.4%.
QXO to acquire TopBuild for $17B; creates 2nd largest public building products distributor
Per-share consideration: $505 cash or 20.20 QXO shares, subject to proration (45% cash/55% stock max).
TopBuild Q4 sales up 13.2% on M&A; adj EBITDA margin 17.9%; guides 2026 sales $5.93B-$6.23B
Q4 sales $1.485B (+13.2% YoY) driven by acquisitions; organic volume down 10.5%
TopBuild Q3 adjusted EPS $5.36; raises 2025 guidance to $5.35-$5.45B revenue
Q3 2025 sales $1.393B, up 1.4% YoY; adjusted EBITDA margin 19.8%.
TopBuild completes $1B all-cash acquisition of Specialty Products & Insulation
Acquired SPI for $1.0B in cash; funded with cash on hand and September senior notes proceeds.
TopBuild prices $750M senior notes offering at 5.625% due 2034
Priced $750M aggregate principal amount of senior unsecured notes bearing 5.625% interest, maturing 2034.
TopBuild reports Q2 sales $1.3B (-5% YoY); closes $810M Progressive Roofing deal
Q2 adjusted EBITDA margin 20.1%, reported EPS $5.32 vs $4.78 YoY.
TopBuild announces $810M all-cash acquisition of Progressive Roofing
TopBuild to acquire Progressive Roofing for $810M cash; 9.1x TTM EBITDA, 8.6x post-synergies.
TopBuild upsizes credit facilities to $2.25B, extends maturity to 2030
Revolving credit facility increased from $500M to $1.0B; new $1.0B term loan and $250M delayed draw term loan added.
TopBuild Q1 sales down 3.6% to $1.23B; adj. EBITDA margin 19.0%; confirms FY outlook
Net income $123.4M ($4.23 diluted EPS); adjusted EPS $4.63 vs $4.81 YoY.
Q4 GAAP EPS $5.11 vs $4.60 YoY; adjusted EPS $5.13 vs $4.69; sales $1.31B (+2.0%).
TopBuild Q3 sales $1.37B record; adjusted EPS $5.68; narrows 2024 guidance
Q3 sales $1.373B (+3.6% YoY); GAAP EPS $5.65, adjusted EPS $5.68 vs $5.43 prior year.
TopBuild Q2 sales $1.37B (+3.7% YoY), adj. EBITDA $277.7M; revises FY 2024 guidance
Net income $150.7M ($4.78 diluted EPS); adjusted net income $170.8M ($5.42 diluted EPS).
TopBuild Q1 sales up 1.1% to $1.3B, net income up 12.2%, raises 2024 outlook, authorizes $1B buyback
Q1 2024 sales $1,278.7M (+1.1% YoY); net income $152.4M (+12.2%); diluted EPS $4.79 (+11.9%).
TopBuild terminates SPI acquisition; pays $23M fee, cites DOJ MBI stance
Mutual termination of deal to acquire Specialty Products and Insulation, effective April 22, 2024.
TopBuild Q4 sales up 1.7% to $1.29B; adjusted EPS $4.69; guides 2024 sales $5.36-$5.56B
Q4 revenue $1.286B (+1.7% YoY); gross margin 30.4% (+70 bps); adjusted EBITDA margin 19.6% (+80 bps).
Effective on May 16, 2025, TopBuild Corp. (the “Company”) appointed John Achille its Vice President and Chief Operating Officer.
On the same day, the Company appointed David Fischer as President of its Specialty Distribution business.
Effective October 1, 2024, Joseph M. Viselli, Chief Operating Officer of TopBuild Corp., a Delaware corporation (the "Company"), transitioned to the role of Chief Growth Officer of the Company
On March 14, 2024, Robert J. Franklin notified TopBuild Corp. (the “Company”) of his intention to retire from the Company as President, Specialty Distribution, effective October 1, 2024.
Max materiality 0.95 · Median 0.65 · Most common event earnings