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Topbuild Corp - BLD STOCK NEWS

Welcome to our dedicated page for Topbuild news (Ticker: BLD), a resource for investors and traders seeking the latest updates and insights on Topbuild stock.

Overview of TopBuild Corp

TopBuild Corp (BLD) stands as a pivotal player in the United States construction industry, specializing in insulation installation and the distribution of insulation products. The company is recognized for its extensive network of contractor services and distribution capabilities, which cater to a wide range of residential, commercial, and industrial projects. With a strong operational foundation, TopBuild delivers comprehensive insulation solutions and building product services while emphasizing technical expertise through its building science initiatives.

Business Model and Operational Segments

The company’s operations are divided into two primary segments:

  • Installation Segment: This segment provides nationwide insulation installation services. Operating under a contractor services model, the company efficiently manages a wide array of projects through its numerous installation branches. This not only streamlines installation processes but also ensures adherence to industry best practices.
  • Specialty Distribution Segment: Through an expansive network of distribution centers, TopBuild supplies insulation accessories along with a variety of building products. This segment plays a crucial role in supporting contractors and other end market customers with reliable and timely delivery of essential building materials.

Expertise in Building Science

Beyond its core product and service offerings, TopBuild demonstrates significant expertise in building science. The company integrates advanced technical knowledge into its service offerings through its Home Services arm and the environments for living® program. This approach highlights a commitment to quality installation, sustainable building practices, and innovative solutions tailored for diverse construction environments.

Market Position and Competitive Landscape

Operating predominantly in the US, TopBuild has secured a notable position within a competitive market. Its dual-model business structure—merging installation expertise with a robust distribution network—enables it to serve a broad spectrum of clients, primarily contractors. The company’s well-distributed footprint across numerous states supports its resilient market presence. This comprehensive operational setup enables TopBuild to effectively differentiate itself amidst rising competition by offering holistic services that cover both installation and supply chain management for building products.

Comprehensive Service and Product Offerings

TopBuild’s diverse offerings extend to various building product categories. While its primary revenue driver remains the installation of insulation, the company also provides related services and supplies a range of building materials including gutters, after-paint, garage doors, fireplaces, and fireproofing materials. This variety in product and service offerings underscores its ability to address multiple facets of the construction industry through an integrated approach.

Strategic Operational Network

With installation branches spanning numerous states and a solid network of distribution centers, TopBuild exemplifies operational prowess in managing a geographically dispersed business. This network not only ensures quick project turnaround times but also reinforces the company’s capacity to meet varying local market demands efficiently.

Industry Terminology and Target Audience

The company leverages industry-specific terminology such as "contractor services", "specialty distribution", and "building science" to communicate its value proposition clearly. This specialization makes its offerings comprehensible and appealing to industry professionals, contractors, and stakeholders seeking detailed insights into the operational dynamics of major players in the construction sector.

Unbiased Analytical Perspective

In summary, TopBuild Corp embodies an independent, public entity with deep-rooted expertise within its sector. Every aspect of its operations is carefully designed to foster operational excellence and industry-specific technical expertise. By integrating installation services with a comprehensive distribution strategy, the company provides an all-encompassing solution for insulation and building product needs. The thoughtful structure and broad operational scope make it a noteworthy subject for analysis by industry experts, market researchers, and anyone aiming to understand the complexities of the US construction market from a well-informed perspective.

Rhea-AI Summary
TopBuild Corp (NYSE:BLD) CFO to participate in live fireside chat at Stephens Annual Investment Conference on November 15 at 1:00 p.m. Central Time. The 45-minute presentation will be webcast. Replay available on company's website.
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TopBuild Corp. reports solid operating results for Q3 2023 with a 1.9% increase in net sales and strong margins. The non-residential business performs well with mid-single digit volume growth. The company's focus on productivity and operational efficiencies contributes to its success. TopBuild expects to remain active in acquisitions and has completed four acquisitions so far. The company also plans to acquire Specialty Products and Insulation for $960 million. The 2023 outlook shows a projected sales range of $5.13 billion to $5.21 billion.
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TopBuild Corp. will release its Q3 results on October 31 and host a conference call to review its financial results.
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TopBuild Corp. CEO to participate in Jefferies Industrial Conference
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TopBuild Corp (NYSE:BLD) reported a 3.4% increase in sales to $1.3 billion for Q2 2023. Gross margin and adjusted EBITDA margin both expanded by 190 basis points. The company also provided a positive outlook for 2023, with projected sales between $5.025 to $5.175 billion and adjusted EBITDA between $950 to $1,000 million.
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TopBuild Corp. has entered into an agreement to acquire Specialty Products & Insulation in an all-cash transaction valued at $960 million. The acquisition expands TopBuild's specialty distribution footprint and enhances fabrication capabilities. The deal is expected to result in $35-40 million of run-rate cost synergies. Approximately 50% of SPI's revenue is recurring. TopBuild plans to fund the transaction with a new $550 million Term Loan A and cash on hand.
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TopBuild Corp. has entered into an agreement to acquire all of the assets of Best Insulation, a residential insulation installer serving multiple high growth regions. Best Insulation generated approximately $100 million in revenue for the trailing twelve months. The transaction is expected to close within seven business days.
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FAQ

What is the current stock price of Topbuild (BLD)?

The current stock price of Topbuild (BLD) is $288.25 as of April 22, 2025.

What is the market cap of Topbuild (BLD)?

The market cap of Topbuild (BLD) is approximately 8.4B.

What are the primary business segments of TopBuild Corp?

TopBuild Corp operates through two main segments: an Installation segment focused on nationwide insulation installation services and a Specialty Distribution segment that supplies insulation accessories and other building products.

How does TopBuild Corp differentiate itself in the construction industry?

The company combines technical expertise in building science with a robust operational network, offering both contractor services and specialty distribution, which enables it to deliver comprehensive insulation and building product solutions.

Who are the main customers of TopBuild Corp?

TopBuild primarily serves contractors involved in residential, commercial, and industrial projects, providing them with essential insulation installation and building products.

What role does building science play in TopBuild's operations?

TopBuild integrates building science into its service offerings through its Home Services division and environments for living® program, ensuring that its installation and product distribution services adhere to advanced technical standards.

Where does TopBuild Corp primarily operate?

The company operates predominantly in the United States, with a wide network of installation branches and distribution centers strategically positioned across numerous states.

How does TopBuild generate its revenue?

Revenue is mainly generated from the Installation segment, which focuses on insulation installation services, while the Specialty Distribution segment provides additional revenue through the supply of insulation accessories and building products.

What types of products does the Specialty Distribution segment offer?

This segment distributes a variety of building products including insulation accessories, gutters, after-paint, garage doors, and other materials essential for residential, commercial, and industrial construction projects.

How does TopBuild ensure service quality across its operations?

Through its extensive network of installation branches and distribution centers, combined with a focus on industry best practices and building science expertise, TopBuild is able to maintain high-quality service delivery and operational efficiency.
Topbuild Corp

NYSE:BLD

BLD Rankings

BLD Stock Data

8.40B
29.09M
0.47%
100.28%
3.07%
Engineering & Construction
Construction - Special Trade Contractors
Link
United States
DAYTONA BEACH