(BLD) Topbuild - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US89055F1030

Insulation, Glass, Gutters, Garage Doors, Fireplaces

Homebuilding
Market Cap in USD: 13,775m

IPO / Inception: 2015-07-01
12m vs SPY: 21.7%

EPS (Earnings per Share)

EPS CAGR: -43.10%
EPS Trend: -28.8%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 7.47%
Rev. Trend: 64.0%

Last SUE: 0.64
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	40.3%
Value at Risk 5%th	61.5%
Relative Tail Risk	-7.13%

Reward TTM
Sharpe Ratio	1.05
Alpha	34.88
CAGR/Max DD	0.92

Character TTM
Hurst Exponent	0.434
Beta	0.950
Beta Downside	0.564

Drawdowns 3y
Max DD	42.41%
Mean DD	14.29%
Median DD	10.71%

Description: BLD Topbuild January 03, 2026

TopBuild Corp. (NYSE: BLD) operates two core segments-Installation and Specialty Distribution-providing a broad portfolio of insulation, building-material, and related products (e.g., glass, gutters, garage doors, fireplaces, roofing, and closet shelving) to residential, commercial, and industrial customers across the United States and Canada. The Installation segment installs fiberglass batts, blown-in loose-fill fiberglass and cellulose, and polyurethane spray-foam insulation, while the Specialty Distribution segment supplies mechanical insulation, accessories, and other building-product materials to homebuilders, remodelers, contractors, dealers, and modular-home manufacturers.

Key recent data points: FY 2023 revenue was approximately $2.1 billion, with an adjusted EBITDA margin of roughly 10% and a backlog of about $500 million, indicating steady demand despite higher material-cost inflation. The business is sensitive to housing-starts trends-U.S. single-family starts rose 3.5% YoY in Q4 2023-and to federal weatherization incentives, which have boosted demand for energy-efficiency retrofits. Additionally, the company’s geographic expansion in Canada adds a diversification benefit, as Canadian residential construction grew 2.2% YoY in 2023.

For a deeper, data-driven dive into TopBuild’s valuation dynamics, you may find ValueRay’s analytical toolkit useful.

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income (567.8m TTM) > 0 and > 6% of Revenue (6% = 314.2m TTM)

FCFTA 0.12 (>2.0%) and ΔFCFTA -2.67pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 30.64% (prev 14.42%; Δ 16.21pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.13 (>3.0%) and CFO 845.8m > Net Income 567.8m (YES >=105%, WARN >=100%)

Net Debt (1.95b) to EBITDA (995.4m) ratio: 1.96 <= 3.0 (WARN <= 3.5)

Current Ratio 2.90 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (28.2m) change vs 12m ago -5.75% (target <= -2.0% for YES)

Gross Margin 29.73% (prev 30.62%; Δ -0.89pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 94.68% (prev 114.0%; Δ -19.37pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 10.21 (EBITDA TTM 995.4m / Interest Expense TTM 82.8m) >= 6 (WARN >= 3)

Altman Z'' 5.25

(A) 0.25 = (Total Current Assets 2.45b - Total Current Liabilities 842.7m) / Total Assets 6.41b

(B) 0.53 = Retained Earnings (Balance) 3.41b / Total Assets 6.41b

(D) 0.81 = Book Value of Equity 3.39b / Total Liabilities 4.19b

Total Rating: 5.25 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 74.26

1. Piotroski 6.0pt

2. FCF Yield 5.03%

3. FCF Margin 15.11%

4. Debt/Equity 1.39

5. Debt/Ebitda 1.96

6. ROIC - WACC (= 7.79)%

7. RoE 26.12%

8. Rev. Trend 63.96%

9. EPS Trend -28.82%

What is the price of BLD shares?

As of January 15, 2026, the stock is trading at USD 486.10 with a total of 255,682 shares traded.
Over the past week, the price has changed by +15.17%, over one month by +13.42%, over three months by +10.67% and over the past year by +45.99%.

Is BLD a buy, sell or hold?

Topbuild has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy BLD.

Strong Buy: 6
Buy: 2
Hold: 4
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the BLD price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	482.9	-0.7%
Analysts Target Price	482.9	-0.7%
ValueRay Target Price	637.4	31.1%

BLD Fundamental Data Overview January 15, 2026

P/E Trailing = 24.8745
P/E Forward = 23.8095
P/S = 2.6308
P/B = 6.181
Revenue TTM = 5.24b USD
EBIT TTM = 845.6m USD
EBITDA TTM = 995.4m USD
Long Term Debt = 2.80b USD (from longTermDebt, last quarter)
Short Term Debt = 136.0m USD (from shortTermDebt, last quarter)
Debt = 3.09b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.95b USD (from netDebt column, last quarter)
Enterprise Value = 15.72b USD (13.77b + Debt 3.09b - CCE 1.14b)
Interest Coverage Ratio = 10.21 (Ebit TTM 845.6m / Interest Expense TTM 82.8m)
EV/FCF = 19.87x (Enterprise Value 15.72b / FCF TTM 791.2m)
FCF Yield = 5.03% (FCF TTM 791.2m / Enterprise Value 15.72b)
FCF Margin = 15.11% (FCF TTM 791.2m / Revenue TTM 5.24b)
Net Margin = 10.84% (Net Income TTM 567.8m / Revenue TTM 5.24b)
Gross Margin = 29.73% ((Revenue TTM 5.24b - Cost of Revenue TTM 3.68b) / Revenue TTM)
Gross Margin QoQ = 30.07% (prev 30.37%)
Tobins Q-Ratio = 2.45 (Enterprise Value 15.72b / Total Assets 6.41b)
Interest Expense / Debt = 0.92% (Interest Expense 28.4m / Debt 3.09b)
Taxrate = 25.34% (48.3m / 190.5m)
NOPAT = 631.3m (EBIT 845.6m * (1 - 25.34%))
Current Ratio = 2.90 (Total Current Assets 2.45b / Total Current Liabilities 842.7m)
Debt / Equity = 1.39 (Debt 3.09b / totalStockholderEquity, last quarter 2.22b)
Debt / EBITDA = 1.96 (Net Debt 1.95b / EBITDA 995.4m)
Debt / FCF = 2.46 (Net Debt 1.95b / FCF TTM 791.2m)
Total Stockholder Equity = 2.17b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.27% (Net Income 567.8m / Total Assets 6.41b)
RoE = 26.12% (Net Income TTM 567.8m / Total Stockholder Equity 2.17b)
RoCE = 17.01% (EBIT 845.6m / Capital Employed (Equity 2.17b + L.T.Debt 2.80b))
RoIC = 15.61% (NOPAT 631.3m / Invested Capital 4.04b)
WACC = 7.82% (E(13.77b)/V(16.86b) * Re(9.42%) + D(3.09b)/V(16.86b) * Rd(0.92%) * (1-Tc(0.25)))
Discount Rate = 9.42% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.83%
[DCF Debug] Terminal Value 81.36% ; FCFF base≈753.9m ; Y1≈897.1m ; Y5≈1.41b
Fair Price DCF = 814.1 (EV 24.80b - Net Debt 1.95b = Equity 22.85b / Shares 28.1m; r=7.82% [WACC]; 5y FCF grow 20.26% → 2.90% )
EPS Correlation: -28.82 | EPS CAGR: -43.10% | SUE: -4.0 | # QB: 0
Revenue Correlation: 63.96 | Revenue CAGR: 7.47% | SUE: 0.64 | # QB: 0
EPS next Quarter (2026-03-31): EPS=4.41 | Chg30d=-0.098 | Revisions Net=-3 | Analysts=12
EPS next Year (2026-12-31): EPS=20.95 | Chg30d=-0.039 | Revisions Net=+0 | Growth EPS=+5.7% | Growth Revenue=+13.8%

Additional Sources for BLD Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle