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TopBuild Corp (BLD)
NYSE:BLD
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
4.45Last Year’s EPS
4.81Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: 2.97%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
While TopBuild Corp. has demonstrated strong growth, a robust M&A pipeline, and healthy shareholder returns, it faces challenges such as multifamily declines, economic uncertainty, and margin pressures. The sentiment is balanced due to both significant achievements and notable challenges.Company Guidance
During the call, TopBuild Corp. provided guidance for 2025, projecting sales between $5.05 billion and $5.35 billion and adjusted EBITDA ranging from $925 million to $1.075 billion. The company expects residential volume to be down low single digits, with multifamily sales decreasing approximately 30% and single-family sales remaining flat. Commercial and industrial sales are anticipated to rise by low single digits. Price mix is expected to decline slightly due to ongoing pressures. Adjusted EBITDA margin is forecasted to be between 18.3% and 20.1%, reflecting a 100 basis point decline from the previous year. The guidance assumes interest expenses between $49 million and $55 million, a tax rate of 25% to 27%, and capital expenditures at 1.5% to 2% of sales. Importantly, the guidance does not include potential future mergers and acquisitions, although the company anticipates an active year in acquisitions given a healthy pipeline.Nine Consecutive Years of Growth
2024 marks the ninth consecutive year of growth and profit expansion for TopBuild Corp., celebrating its ten-year anniversary as a public company.
Commercial Industrial Growth
The commercial industrial business saw growth both in the fourth quarter and for the full year, with delayed projects starting to move forward.
Strong Shareholder Returns
In 2024, TopBuild Corp. returned nearly $1 billion to shareholders through its share repurchase program, with a new $1 billion share buyback authorized.
Healthy M&A Pipeline
The M&A pipeline is described as very healthy, with eight acquisitions completed in 2024 and continued focus on acquisition opportunities.
Record Year for TopBuild Corp.
Since its spin nine years ago, TopBuild Corp. has grown sales at a CAGR of 14% and expanded adjusted EBITDA margins from 6.6% to 20.2%.
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BLD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BLD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $302.04 | $310.34 | +2.75% |
| Nov 05, 2024 | $362.13 | $377.71 | +4.30% |
| Aug 06, 2024 | $425.27 | $395.01 | -7.12% |
| May 07, 2024 | $417.57 | $396.60 | -5.02% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does TopBuild Corp (BLD) report earnings?
TopBuild Corp (BLD) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is TopBuild Corp (BLD) earnings time?
TopBuild Corp (BLD) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BLD EPS forecast?
BLD EPS forecast for the fiscal quarter 2025 (Q1) is 4.45.
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