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Topbuild Corp (BLD)



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Upturn Advisory Summary
08/28/2025: BLD (2-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $446.83
1 Year Target Price $446.83
6 | Strong Buy |
2 | Buy |
4 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 66.56% | Avg. Invested days 45 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Large-Cap Stock | Market Capitalization 11.97B USD | Price to earnings Ratio 21.01 | 1Y Target Price 446.83 |
Price to earnings Ratio 21.01 | 1Y Target Price 446.83 | ||
Volume (30-day avg) 12 | Beta 1.63 | 52 Weeks Range 266.26 - 445.74 | Updated Date 08/29/2025 |
52 Weeks Range 266.26 - 445.74 | Updated Date 08/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 20.25 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-08-05 | When - | Estimate 5.12 | Actual 5.31 |
Profitability
Profit Margin 11.4% | Operating Margin (TTM) 17.13% |
Management Effectiveness
Return on Assets (TTM) 10.93% | Return on Equity (TTM) 26.41% |
Valuation
Trailing PE 21.01 | Forward PE 21.32 | Enterprise Value 13211857037 | Price to Sales(TTM) 2.3 |
Enterprise Value 13211857037 | Price to Sales(TTM) 2.3 | ||
Enterprise Value to Revenue 2.53 | Enterprise Value to EBITDA 13 | Shares Outstanding 28138800 | Shares Floating 27735380 |
Shares Outstanding 28138800 | Shares Floating 27735380 | ||
Percent Insiders 0.46 | Percent Institutions 106 |
Upturn AI SWOT
Topbuild Corp

Company Overview
History and Background
Topbuild Corp. was founded in 1975 as a division of Masco Corporation and was spun off as an independent, publicly traded company in 2015. It is a leading installer and distributor of insulation and building material products in North America.
Core Business Areas
- Installation: This segment installs insulation and other building products, primarily for residential construction projects. They focus on energy-efficient solutions for homeowners and builders.
- Specialty Distribution: This segment distributes insulation, specialty building products, and other related materials to contractors and other building professionals.
Leadership and Structure
Robert Buck is the current President and CEO. The company has a traditional corporate structure with various executive vice presidents overseeing different functional areas.
Top Products and Market Share
Key Offerings
- Insulation Products: Fiberglass, cellulose, spray foam, and radiant barrier insulation products. Market share is significant in North America (approximately 25% overall market share). Competitors include Owens Corning (OC) and Johns Manville.
- Specialty Building Products: Gutters, roofing components, and other related building materials distributed to contractors. Exact market share is difficult to determine due to the breadth of products, but Topbuild is a major player. Competitors include ABC Supply and Beacon Roofing Supply (BECN).
Market Dynamics
Industry Overview
The building materials industry is driven by new residential construction, repair and remodeling activity, and energy efficiency trends. It's a cyclical industry influenced by economic conditions and housing starts.
Positioning
Topbuild is a leading player due to its national footprint, strong relationships with builders, and focus on value-added installation services. This integrated approach provides a competitive advantage.
Total Addressable Market (TAM)
The estimated TAM for insulation and related building products in North America is ~$25 Billion. Topbuild's ~$4.8 Billion in revenue (2023) positions it to still further grow within this market.
Upturn SWOT Analysis
Strengths
- National footprint
- Strong relationships with builders
- Value-added installation services
- Efficient supply chain
- Acquisition strategy
Weaknesses
- Sensitivity to housing market cycles
- Dependence on new construction
- Fluctuations in raw material costs
- Labor shortages
- Integration risks from acquisitions
Opportunities
- Growth in energy-efficient building practices
- Expansion into new geographic markets
- Increased demand for repair and remodeling services
- Product innovation
- Government incentives for energy efficiency
Threats
- Economic downturns
- Rising interest rates
- Increased competition
- Changes in building codes
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- OWC (Owens Corning)
- BECN (Beacon Roofing Supply)
Competitive Landscape
Topbuild's advantages include its integrated installation services and national footprint. Competitors may have strengths in specific product categories or geographic regions.
Major Acquisitions
Specialty Products & Insulation (SPI)
- Year: 2022
- Acquisition Price (USD millions): 196
- Strategic Rationale: Expanded Topbuild's presence in the Southeast U.S. and added complementary product lines.
ESG Insulation
- Year: 2024
- Acquisition Price (USD millions): 73
- Strategic Rationale: Adds complementary services to Topbuild's Installation business.
Growth Trajectory and Initiatives
Historical Growth: Topbuild has achieved significant growth through both organic initiatives and acquisitions over the past decade.
Future Projections: Analysts project continued revenue and earnings growth, driven by favorable industry trends and the company's acquisition strategy.
Recent Initiatives: Recent initiatives include acquisitions of smaller insulation companies, expansion into new product lines, and investments in technology to improve operational efficiency.
Summary
Topbuild Corp is a strong company with a leading position in the insulation and building materials industry. Their acquisition strategy and integrated installation services are working well. They need to monitor housing market cycles and manage raw material costs to maintain profitability. The company is positioned for future growth, but should watch out for increasing competition.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Topbuild Corp. Investor Relations
- SEC Filings
- Analyst Reports
- Industry Associations
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Topbuild Corp
Exchange NYSE | Headquaters Daytona Beach, FL, United States | ||
IPO Launch date 2015-07-01 | CEO, President & Director Mr. Robert M. Buck | ||
Sector Industrials | Industry Engineering & Construction | Full time employees 13984 | Website https://www.topbuild.com |
Full time employees 13984 | Website https://www.topbuild.com |
TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building material products to the construction industry. The company operates in two segments, Installation and Specialty Distribution. It provides insulation products and accessories, glass and windows, rain gutters, garage doors, fireplaces, roofing materials, closet shelving, and other products. The company also offers insulation installation services for fiberglass batts and rolls, blown-in loose fill fiberglass, polyurethane spray foam, and blown-in loose fill cellulose applications. In addition, it distributes building and mechanical insulation, insulation accessories, and other building product materials for the residential, commercial, and industrial end markets. The company serves single-family homebuilders, single-family custom builders, multi-family builders, commercial general contractors, remodelers, and individual homeowners, as well as insulation contractors, gutter contractors, weatherization contractors, other contractors, dealers, metal building erectors, and modular home builders. It operates installation branches and distribution centers in the United States and Canada. The company was formerly known as Masco SpinCo Corp. and changed its name to TopBuild Corp. in March 2015. TopBuild Corp. was incorporated in 2015 and is headquartered in Daytona Beach, Florida.

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