TopBuild Corp. Common Stock (BLD)
TopBuild Corp. (BLD) is a leading distributor and installer of insulation and building materials for the residential, commercial, and industrial sectors in the United States. The company provides a range of products, including insulation, roofing, and drywall, primarily serving new construction, renovation, and repair markets. Founded in 2015, TopBuild operates through a network of branch locations and emphasizes providing specialized solutions and value-added services to contractors and builders.
Company News
TopBuild acquired Specialty Products and Insulation (SPI) for $1 billion in cash, expanding its mechanical insulation and specialty distribution presence in North America. The deal is expected to be immediately accretive to earnings and enhance the company's operational capabilities.
TopBuild Corp. announced a $750 million senior notes offering at 5.625% interest, maturing in 2034, with proceeds intended for general corporate purposes including potential acquisitions.
TopBuild reported Q2 2025 earnings of $5.31 per share, beating estimates, with declining residential sales offset by strategic acquisitions and cost management. The company acquired Progressive Roofing for $810 million and continues to focus on diversifying beyond residential construction.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
