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TopBuild Corp. (BLD) is the leading installer and distributor of insulation products for the United States construction industry, distinguished by its comprehensive service offerings and national presence. Based on revenue, TopBuild holds a prominent position in the market. The company operates primarily through two business segments: Installation and Specialty Distribution.
Through its TruTeamSM business, TopBuild provides insulation installation services nationwide, supported by over 190 installation branches across 43 states. This segment focuses on serving contractors in residential, commercial, and industrial markets. The Specialty Distribution segment, operating under the Service Partners® brand, distributes insulation and related building products from 72 distribution centers located in 35 states. This distribution network caters to the needs of both small and large-scale contractors.
TopBuild is also recognized as a leader in building science through its subsidiary, TopBuild Home Services, Inc., and its Environments for Living® program, which offer advanced solutions for energy efficiency and sustainability. This commitment to innovation helps TopBuild maintain its competitive edge.
Founded in 2015 as a spin-off from Masco Corporation, TopBuild has grown independently, emphasizing operational efficiency and profitable growth. Recent achievements include mid-single digit volume growth in both the Installation and Specialty Distribution segments, particularly in the non-residential sector. The company’s diverse business model enables it to pursue various growth opportunities across its primary markets.
Financially, TopBuild continues to demonstrate solid performance, attributed to its focus on productivity and operational efficiencies. The company’s strategic approach includes acquisitions to generate shareholder value, most recently targeting the acquisition of SPI. With a robust track record and a clear vision for future growth, TopBuild remains a key player in the construction industry.
TopBuild Corp. (NYSE:BLD) will release its second quarter 2022 financial results on August 2, 2022, prior to 7:00 a.m. Eastern time. A conference call will follow at 9:00 a.m. the same day to discuss these results. This leading installer and distributor of insulation and building materials operates approximately 235 branches across the U.S. and Canada. Interested parties can join the live call by calling (877) 407-9037 or access the webcast on the Company’s website.
TopBuild Corp. (NYSE:BLD) hosted an Investor Day on May 26, 2022, in New York City, where senior management outlined key business drivers and long-term growth strategies. The event introduced ambitious financial objectives for 2025, focusing on innovative products, technology, sustainability, and capital allocation. Both live and webcast attendees had opportunities for interaction during Q&A sessions. With a wide distribution network of approximately 410 branches across the U.S. and Canada, TopBuild is poised for continued growth in the insulation and building materials sector.
TopBuild Corp. (NYSE: BLD) announced that CFO Rob Kuhns will participate in a virtual fireside chat at J.P. Morgan’s Homebuilding and Building Products Conference on May 17, 2022, at 2:00 p.m. ET. The 35-minute presentation will be available via webcast, with access details available on TopBuild’s Investor Relations website.
TopBuild is a leading installer and distributor of insulation and building materials in the U.S. and Canada, with approximately 235 contractor services branches and 175 specialty distribution branches nationwide.
TopBuild Corp. (NYSE:BLD) reported a strong performance for Q1 2022, with sales soaring by 57.4% to $1.2 billion. The company achieved a gross margin of 28.3%, up 170 basis points, while same branch revenue increased 18.7%. Adjusted EBITDA margin expanded by 310 basis points to 18.7%. Following this success, TopBuild raised its revenue and EBITDA outlook for the year. The company also announced a $100 million accelerated share repurchase, reflecting confidence in its business trajectory.
TopBuild Corp. (NYSE:BLD) will release its first quarter 2022 financial results on May 5, 2022, before 7:00 a.m. ET. A conference call will follow at 9:00 a.m. ET to discuss the results. The company specializes in insulation and building material products in North America and operates approximately 235 contractor services branches and 175 specialty distribution branches across the U.S. and Canada. Investors can access a live webcast of the call on the company’s website, where a replay will also be available.
TopBuild Corp. (NYSE:BLD) reported a 47.4% increase in Q4 sales, reaching $1.1 billion, with net income rising 10.7% to $78.4 million. Adjusted earnings per share stood at $3.12, a 45.1% growth. The company forecasts 2022 sales between $4.5 billion and $4.65 billion, with adjusted EBITDA guidance of $770 million to $820 million. The ongoing integration of Distribution International exceeds expectations, with projected synergies of $35 million to $40 million.
TopBuild Corp. (NYSE:BLD) has acquired Billings Insulation, a residential insulation installer operating in Montana and Northern Wyoming. This acquisition adds approximately $6.5 million in annual revenue, reinforcing TopBuild's market position. Billings Insulation has built a solid customer base over 17 years, contributing to TopBuild’s strategy of growth through acquisitions. TopBuild has notably added three residential insulation companies since November, indicating a focus on expanding its service offerings in growing markets.
TopBuild Corp. (NYSE:BLD) will announce its fourth quarter 2021 results on February 22, 2022, at 7:00 a.m. Eastern time. A conference call to discuss these results will occur at 9:00 a.m. the same day. Investors can participate by calling (877) 407-9037 or via a live webcast on the Company’s website. With approximately 235 branches, TopBuild delivers insulation and building material installation services through its TruTeam division while distributing products through Service Partners and Distribution International.
TopBuild Corp. (NYSE:BLD) has acquired Insulating Products, Inc., a Texas-based distributor of insulation, enhancing its specialty distribution sector. Insulating Products, founded in 2003, generated approximately $11 million in revenue for the trailing twelve months ending September 30, 2021. The acquisition strengthens TopBuild's geographic reach in the growing Southwest region and is expected to add value through an established customer base. CEO Robert Buck emphasized the strategic importance of this acquisition for expanding their business operations.
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