Top Build Corp - Understand $bld stock

$BLD Market Cap: $11.39 Billion

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Financial Snapshot

Revenue

$5.304B

TTM

Gross Margin

30.61%

TTM

Net Earnings

$618.4M

TTM

Current Assets

$1.521B

Q3 2024

Current Liabilities

$756.1M

Q3 2024

Current Ratio

201.17%

Q3 2024

Total Assets

$4.651B

Q3 2024

Total Liabilities

$2.536B

Q3 2024

Book Value

$2.114B

Q3 2024

Cash

$257.3M

Q3 2024

P/E

18.42

Nov 29, 2024 EST

Free Cash Flow

$698.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$5.195B	$5.009B	$3.486B	$2.718B	$2.624B	$2.384B	$1.906B	$1.743B	$1.617B	$1.512B	$1.412B	$1.208B
YoY Change	3.71%	43.67%	28.26%	3.58%	10.06%	25.07%	9.37%	7.81%	6.91%	7.13%	16.86%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$5.195B	$5.009B	$3.486B	$2.718B	$2.624B	$2.384B	$1.906B	$1.743B	$1.617B	$1.512B	$1.412B	$1.208B
Cost Of Revenue	$3.591B	$3.522B	$2.512B	$1.972B	$1.943B	$1.808B	$1.445B	$1.343B	$1.259B	$1.180B	$1.109B	$974.7M
Gross Profit	$1.604B	$1.487B	$974.4M	$746.4M	$681.3M	$576.2M	$461.1M	$400.3M	$358.0M	$331.7M	$302.7M	$233.2M
Gross Profit Margin	30.87%	29.68%	27.95%	27.46%	25.96%	24.16%	24.19%	22.97%	22.15%	21.94%	21.45%	19.31%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$725.0M	$689.6M	$498.0M	$391.3M	$391.7M	$367.2M	$294.2M	$278.7M	$274.5M	$291.0M	$278.6M	$273.1M
YoY Change	5.14%	38.47%	27.26%	-0.11%	6.68%	24.79%	5.58%	1.53%	-5.67%	4.45%	2.01%
% of Gross Profit	45.2%	46.38%	51.11%	52.43%	57.5%	63.73%	63.81%	69.62%	76.68%	87.73%	92.04%	117.11%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$132.9M	$123.3M	$79.39M	$62.41M	$52.70M	$39.42M	$16.45M	$12.00M	$12.10M	$26.10M	$27.50M	$29.60M
YoY Change	7.74%	55.35%	27.21%	18.43%	33.69%	139.59%	37.11%	-0.83%	-53.64%	-5.09%	-7.09%
% of Gross Profit	8.29%	8.3%	8.15%	8.36%	7.74%	6.84%	3.57%	3.0%	3.38%	7.87%	9.08%	12.69%
Operating Expenses	$725.0M	$689.6M	$498.0M	$391.3M	$391.7M	$367.2M	$294.2M	$278.7M	$274.4M	$291.0M	$278.6M	$273.1M
YoY Change	5.14%	38.47%	27.26%	-0.11%	6.68%	24.79%	5.58%	1.57%	-5.7%	4.45%	2.01%
Operating Profit	$878.8M	$797.2M	$476.4M	$355.0M	$289.5M	$209.0M	$136.9M	$121.6M	$83.60M	$40.70M	$24.10M	-$39.90M
YoY Change	10.24%	67.32%	34.19%	22.63%	38.56%	52.67%	12.55%	45.45%	105.41%	68.88%	-160.4%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	$74.61M	$56.72M	$29.14M	$32.46M	$37.82M	$28.69M	$8.019M	-$5.600M	-$9.500M	-$12.40M	-$13.40M	-$13.90M
YoY Change	31.56%	94.61%	-10.21%	-14.19%	31.85%	257.74%	-243.2%	-41.05%	-23.39%	-7.46%	-3.6%
% of Operating Profit	8.49%	7.11%	6.12%	9.14%	13.06%	13.73%	5.86%	-4.61%	-11.36%	-30.47%	-55.6%
Other Income/Expense, Net	-$53.34M	-$55.03M	-$42.98M	-$31.96M	-$35.75M	-$28.13M	-$8.824M	$300.0K	$0.00	$0.00	$0.00	$100.0K
YoY Change	-3.07%	28.05%	34.48%	-10.6%	27.08%	218.78%	-3041.33%				-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$825.5M	$742.1M	$433.4M	$323.1M	$253.8M	$180.8M	$128.0M	$116.3M	$74.10M	$28.30M	$10.80M	-$129.7M
YoY Change	11.23%	71.22%	34.16%	27.31%	40.35%	41.22%	10.09%	56.95%	161.84%	162.04%	-108.33%
Income Tax	$211.2M	$186.1M	$109.4M	$76.07M	$62.78M	$46.07M	-$30.09M	$43.70M	-$5.000M	$17.80M	$22.30M	$24.60M
% Of Pretax Income	25.59%	25.08%	25.25%	23.54%	24.74%	25.48%	-23.5%	37.58%	-6.75%	62.9%	206.48%
Net Earnings	$614.3M	$556.0M	$324.0M	$247.0M	$191.0M	$134.8M	$158.1M	$72.60M	$79.00M	$9.400M	-$12.70M	-$192.1M
YoY Change	10.48%	71.59%	31.17%	29.33%	41.74%	-14.79%	117.81%	-8.1%	740.43%	-174.02%	-93.39%
Net Earnings / Revenue	11.82%	11.1%	9.29%	9.09%	7.28%	5.65%	8.3%	4.17%	4.89%	0.62%	-0.9%	-15.9%
Basic Earnings Per Share	$19.44	$17.26	$9.88	$7.50	$5.65	$3.86	$4.41
Diluted Earnings Per Share	$19.33	$17.14	$9.78	$7.42	$5.56	$3.78	$4.32	$1.916M	$2.090M	$249.3K	-$333.3K	-$5.042M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Cash & Short-Term Investments	$848.6M	$240.1M	$139.8M	$330.0M	$184.8M	$100.9M	$56.50M	$134.4M	$112.8M	$3.000M	$3.000M
YoY Change	253.47%	71.75%	-57.64%	78.57%	83.15%	78.58%	-57.96%	19.15%	3660.0%	0.0%
Cash & Equivalents	$848.6M	$240.1M	$139.8M	$330.0M	$184.8M	$100.9M	$56.50M	$134.4M	$112.8M	$3.000M	$3.000M
Short-Term Investments
Other Short-Term Assets	$36.94M	$34.26M	$26.69M	$17.70M	$17.10M	$27.70M	$15.20M	$23.40M	$13.30M	$5.100M	$5.000M
YoY Change	7.83%	28.34%	50.8%	3.51%	-38.27%	82.24%	-35.04%	75.94%	160.78%	2.0%
Inventory	$364.7M	$438.6M	$352.8M	$161.4M	$149.1M	$169.0M	$131.3M	$116.2M	$118.7M	$107.0M	$98.00M
Prepaid Expenses
Receivables	$799.0M	$836.1M	$668.4M	$427.3M	$428.8M	$407.1M	$308.5M	$252.6M	$235.5M	$220.2M	$204.5M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$2.049B	$1.549B	$1.188B	$936.4M	$779.8M	$704.7M	$511.6M	$526.6M	$480.4M	$335.2M	$310.6M
YoY Change	32.29%	30.42%	26.84%	20.08%	10.66%	37.74%	-2.85%	9.62%	43.32%	7.92%
Property, Plant & Equipment	$469.1M	$459.4M	$421.8M	$263.5M	$265.2M	$168.0M	$107.1M	$92.80M	$93.10M	$93.20M	$106.4M
YoY Change	2.12%	8.92%	60.06%	-0.64%	57.86%	56.86%	15.41%	-0.32%	-0.11%	-12.41%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$10.87M	$16.45M	$15.12M	$14.00M	$9.900M	$18.50M	$20.40M	$23.10M	$22.80M	$1.000M	$1.900M
YoY Change	-33.96%	8.84%	7.97%	41.41%	-46.49%	-9.31%	-11.69%	1.32%	2180.0%	-47.37%
Total Long-Term Assets	$3.114B	$3.058B	$3.071B	$1.879B	$1.824B	$1.750B	$1.238B	$1.164B	$1.162B	$1.141B	$1.156B
YoY Change	1.83%	-0.42%	63.44%	3.0%	4.25%	41.35%	6.39%	0.15%	1.81%	-1.31%
Total Assets	$5.163B	$4.607B	$4.259B	$2.815B	$2.604B	$2.455B	$1.750B	$1.690B	$1.642B	$1.476B	$1.467B
YoY Change
Accounts Payable	$469.6M	$487.1M	$461.9M	$331.7M	$308.0M	$313.2M	$263.8M	$241.5M	$253.3M	$228.7M	$183.8M
YoY Change	-3.6%	5.45%	39.26%	7.69%	-1.66%	18.73%	9.23%	-4.66%	10.76%	24.43%
Accrued Expenses	$253.0M	$238.3M	$216.2M	$134.9M	$118.4M	$84.30M	$75.10M	$64.40M	$58.40M	$72.70M	$72.80M
YoY Change	6.16%	10.24%	60.25%	13.94%	40.45%	12.25%	16.61%	10.27%	-19.67%	-0.14%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$48.96M	$42.28M	$41.03M	$23.30M	$34.30M	$26.90M	$12.50M	$20.00M	$15.00M	$0.00
YoY Change	15.8%	3.04%	76.08%	-32.07%	27.51%	115.2%	-37.5%	33.33%
Total Short-Term Liabilities	$771.5M	$789.6M	$733.4M	$496.5M	$476.8M	$444.3M	$351.4M	$325.9M	$326.7M	$301.5M	$256.6M
YoY Change	-2.29%	7.66%	47.72%	4.13%	7.31%	26.44%	7.82%	-0.24%	8.36%	17.5%
Long-Term Debt	$1.377B	$1.424B	$1.462B	$683.4M	$698.0M	$716.6M	$229.4M	$158.8M	$178.5M	$0.00	$0.00
YoY Change	-3.28%	-2.62%	113.97%	-2.09%	-2.6%	212.38%	44.46%	-11.04%
Other Long-Term Liabilities	$206.6M	$212.1M	$178.2M	$118.0M	$101.1M	$45.30M	$39.40M	$39.10M	$40.10M	$40.40M	$42.30M
YoY Change	-2.61%	19.03%	50.99%	16.72%	123.18%	14.97%	0.77%	-2.49%	-0.74%	-4.49%
Total Long-Term Liabilities	$1.584B	$1.636B	$1.640B	$801.4M	$799.1M	$761.9M	$268.8M	$197.9M	$218.6M	$40.40M	$42.30M
YoY Change	-3.2%	-0.27%	104.7%	0.29%	4.88%	183.44%	35.83%	-9.47%	441.09%	-4.49%
Total Liabilities	$2.599B	$2.677B	$2.622B	$1.467B	$1.451B	$1.382B	$753.0M	$717.6M	$726.5M	$524.1M	$464.3M
YoY Change	-2.91%	2.1%	78.8%	1.06%	4.97%	83.59%	4.93%	-1.23%	38.62%	12.88%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Basic Shares Outstanding	31.60M	32.21M	32.80M	32.92M	33.81M	34.92M	35.90M	37.59M	37.67M
Diluted Shares Outstanding	31.78M	32.44M	33.15M	33.30M	34.38M	35.61M	36.57M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $11.391 Billion

About TopBuild Corp

TopBuild Corp. engages in the installation and distribution of insulation products and other building products to the U.S. and Canadian construction industry. The company is headquartered in Daytona Beach, Florida and currently employs 14,012 full-time employees. The company went IPO on 2015-06-17. The firm operates through two segments: Installation and Specialty Distribution. The Installation segment installs insulation and other building products. The company installs other building products, including glass and windows, rain gutters, garage doors, closet shelving, and fireplaces. Its Installation customer base includes national and regional single-family homebuilders, single-family custom builders, and individual homeowners. This segment operates approximately 240 branches located across the United States. The Specialty Distribution segment distributes building and mechanical insulation, insulation accessories, rain gutters and other building product materials for the residential and commercial/industrial end markets. The Company’s customer base consists of insulation contractors of various sizes.

Industry: Construction - Special Trade Contractors Peers: Meritage Homes CORP HORTON D R INC /DE/ KB HOME LENNAR CORP /NEW/ NVR INC PULTEGROUP INC/MI/ Champion Homes, Inc. Taylor Morrison Home Corp Toll Brothers, Inc.