NYSE$BLD
TopBuild Corp. · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
TopBuild reported revenue growth and improved margins in Q4 2024.
TopBuild Corp. posted Q4 2024 revenue of $1.31 billion, marking a 2.0% year-over-year increase, driven by a 6.6% rise in Specialty Distribution sales. Operating income grew to $217.45 million, while net income reached $150.54 million. Adjusted EBITDA margin improved slightly to 19.7%.
- Revenue increased by 2.0% year-over-year to $1.31 billion.
- Specialty Distribution sales grew by 6.6%, while Installation remained flat.
- Net income rose to $150.54 million, with diluted EPS at $5.11.
- Adjusted EBITDA margin improved to 19.7%.
Headline financials
Revenue & EPS history
TopBuild · Revenue · Quarterly
$1.31B
Forward guidance
TopBuild expects stable revenue in FY 2025 with ongoing capital investments and a focus on acquisitions.
Tailwinds
- Projected full-year revenue of $5.05 - $5.35 billion.
- Adjusted EBITDA expected between $925 million and $1.075 billion.
- Acquisitions remain a top priority for growth.
- Investments in operational efficiencies and energy reduction initiatives.
- Potential for further margin improvement through pricing strategies.
Headwinds
- Residential sales expected to decline mid-single digits.
- Commercial/Industrial growth projected at low-single digits.
- Higher expected capital expenditures at 1.5 - 2.0% of sales.
- Interest expense forecasted between $49 - $55 million.
- Uncertain market conditions in residential construction.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+1.4%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+2.2%
Avg return
30 days after
63%
31 / 49 earnings
Positive
+14.2%
Q3 2019
Best reaction
-14.1%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | -0.8% | -5.8% | |
| Q4 2025 | -3.7% | -10.8% | -28.2% | |
| Q3 2025 | -1.1% | +0.0% | +4.8% | |
| Q1 2025 | -3.1% | +1.1% | +3.1% | |
| Q4 2024 | +2.7% | +1.4% | +3.0% | |
| Q3 2024 | +2.5% | +1.9% | +3.3% | |
| Q2 2024 | -14.1% | -12.4% | -14.4% | |
| Q1 2024 | -5.0% | -0.8% | -1.8% | |
| Q4 2023 | -2.6% | -2.1% | +6.7% | |
| Q3 2023 | +11.1% | +20.5% | +34.8% | |
| Q2 2023 | +7.5% | +9.2% | +8.3% | |
| Q1 2023 | -3.1% | -5.3% | -1.8% | |
| Q4 2022 | +4.1% | +4.8% | -2.5% | |
| Q3 2022 | -13.1% | -13.9% | -7.1% | |
| Q2 2022 | -6.0% | -9.4% | -16.5% | |
| Q1 2022 | +1.0% | -0.5% | +4.2% | |
| Q4 2021 | -12.7% | -6.1% | -12.4% | |
| Q3 2021 | -1.4% | +0.4% | +5.0% | |
| Q2 2021 | +6.0% | +8.5% | +9.1% | |
| Q1 2021 | -2.7% | -8.5% | -15.0% | |
| Q4 2020 | +1.2% | -5.3% | +0.9% | |
| Q3 2020 | +6.9% | +6.4% | +7.4% | |
| Q2 2020 | +3.6% | +4.4% | +12.6% | |
| Q1 2020 | +8.6% | +11.2% | +36.6% | |
| Q4 2019 | -10.0% | -16.4% | -31.1% | |
| Q3 2019 | +14.2% | +10.5% | +14.3% | |
| Q2 2019 | +10.3% | +8.9% | +14.2% | |
| Q1 2019 | +7.8% | +13.2% | +8.5% | |
| Q4 2018 | +1.7% | +2.3% | +11.0% | |
| Q3 2018 | +7.8% | +3.8% | -2.6% | |
| Q2 2018 | -0.4% | +0.8% | -18.1% | |
| Q1 2018 | +4.2% | +6.2% | +8.5% | |
| Q4 2017 | -5.0% | -1.2% | +4.3% | |
| Q3 2017 | -2.2% | -0.4% | +1.0% | |
| Q2 2017 | +4.6% | +3.7% | +5.5% | |
| Q1 2017 | +2.2% | +1.5% | +3.5% | |
| Q4 2016 | +8.2% | +7.7% | +14.6% | |
| Q3 2016 | +9.9% | +15.4% | +25.5% | |
| Q2 2016 | -7.8% | -7.8% | -8.5% | |
| Q1 2016 | +2.6% | — | — | |
| Q1 2015 | +2.6% | — | — | |
| Q1 2014 | +0.7% | — | — | |
| Q4 2013 | +0.7% | — | — | |
| Q4 2015 | +0.7% | — | — | |
| Q3 2015 | +11.5% | — | — | |
| Q3 2014 | +11.5% | — | — | |
| Q4 2014 | +2.2% | — | — | |
| Q2 2014 | +2.2% | — | — | |
| Q2 2015 | +2.2% | — | — |
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