TopBuild

BLD

Market cap $12.7B

Macroeconomic headwinds are plaguing the housing sector, but certain pockets continue to thrive. Installers and low-cost providers have been able to dampen the effects of high rates and home prices.

TopBuild Corp. ( BLD ) Q3 2025 Earnings Call November 4, 2025 9:00 AM EST Company Participants P.I. Aquino - Vice President of Investor Relations Robert Buck - CEO, President & Director Robert Kuhns - CFO & VP Conference Call Participants Aatish Shah - Evercore ISI Institutional Equities, Research Division Stephen Kim - Evercore ISI Institutional Equities, Research Division Michael Rehaut - JPMorgan Chase & Co, Research Division Susan Maklari - Goldman Sachs Group, Inc., Research Division Kenneth Zener - Seaport Research Partners Philip Ng - Jefferies LLC, Research Division Jeffrey Stevenson - Loop Capital Markets LLC, Research Division Keith Hughes - Truist Securities, Inc., Research Division Collin Verron - Deutsche Bank AG, Research Division Kurt Yinger - D.A.

The headline numbers for TopBuild (BLD) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

TopBuild (BLD) came out with quarterly earnings of $5.36 per share, beating the Zacks Consensus Estimate of $5.22 per share. This compares to earnings of $5.68 per share a year ago.

Delivers third quarter sales of $1.4 billion and adjusted EBITDA margin of 19.8% Raises 2025 outlook to $5.35 to $5.45 billion in sales and $1.01 to $1.06 billion in adjusted EBITDA, to include contribution from SPI and four recent acquisitions DAYTONA BEACH, Fla., Nov. 04, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building products to the construction industry in the United States and Canada, today reported results for the third quarter ended September 30, 2025.

So far in 2025, the construction sector in the United States has been through a roller coaster ride, with public infrastructure reaching heights and residential construction navigating a choppy environment. The demand for new public infrastructure projects, alongside refurbishments of existing infrastructure, has ramped up most expectedly because of several federal and state funding initiatives, alongside increasing awareness about sustainability.

Completes Acquisitions of Insulation Fabrics, Diamond Door Products and Performance Insulation Fabricators; Enters into Agreement to Acquire L&L Insulation Completes Acquisitions of Insulation Fabrics, Diamond Door Products and Performance Insulation Fabricators; Enters into Agreement to Acquire L&L Insulation

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

TopBuild (BLD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The U.S. housing market is a 'coiled spring' with pent-up demand, poised for explosive growth if mortgage rates and regulations ease. Even small drops in mortgage rates have triggered surges in refinancing and buyer activity, confirming high sensitivity and sidelined demand. Top investment opportunities include housing-related suppliers and distributors like Carlisle, TopBuild, Builders FirstSource, and others.