BLD Stock Recent News

TopBuild (BLD) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

We rate TopBuild as a 'strong buy' with a $433 PT, driven by structural margin resilience, cost discipline, and underappreciated earnings power through cycles. Branch consolidation, digital cost controls, and mix shift to higher-margin verticals underpin sustainable EBITDA margins above consensus, even in a soft housing market. Capital allocation is a key advantage: robust buybacks, disciplined M&A, and ample liquidity support both growth and shareholder returns without balance sheet strain.

TopBuild (BLD) reported earnings 30 days ago. What's next for the stock?

Increases Borrowing Capacity to $2.25 Billion and Extends Maturities to May 2030 Increases Borrowing Capacity to $2.25 Billion and Extends Maturities to May 2030

TopBuild is a leading installer and distributor in the construction industry, with a diversified business model and strong nationwide presence. Despite short-term residential market headwinds, TopBuild delivered solid Q1'25 results, maintained guidance, and demonstrated resilient profitability and disciplined cost management. The company's robust balance sheet, active M&A pipeline, and ongoing share buybacks support long-term growth and shareholder value creation.

TopBuild's revenues declined during Q1 due to lower volumes in both segments, and operating margins contracted by 200 bp. Despite the short-term challenges, the strategic moves in acquisitions and market expansion present potential for long-term growth and value creation. The company has undergone a significant transformation since its 2015 spinoff, including 43 acquisitions and operational improvements.

BLD's first-quarter 2025 results reflect tepid Installation segment performance, with Specialty Distribution showing strength. Dive in for details.

TopBuild Corp. (NYSE:BLD ) Q1 2025 Results Conference Call May 6, 2025 9:00 AM ET Company Participants P.I. Aquino - Vice President, Investor Relations Robert Buck - Chief Executive Officer & President Robert Kuhns - Chief Financial Officer Conference Call Participants Aatish Shah - Evercore ISI Stephen Kim - Evercore ISI Michael Rehaut - JPMorgan Adam Baumgarten - Zelman & Associates Susan Maklari - Goldman Sachs Phil Ng - Jefferies Trey Grooms - Stephens Keith Hughes - Truist Securities Ken Zener - Seaport Research Partners Jeff Stevenson - Loop Capital Markets Reuben Garner - Benchmark Company Collin Verron - Deutsche Bank Rafe Jadrosich - Bank of America Operator Ladies and gentlemen, thank you for standing by.

While the top- and bottom-line numbers for TopBuild (BLD) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

TopBuild (BLD) came out with quarterly earnings of $4.63 per share, beating the Zacks Consensus Estimate of $4.43 per share. This compares to earnings of $4.81 per share a year ago.