Welcome to our dedicated page for Topbuild news (Ticker: BLD), a resource for investors and traders seeking the latest updates and insights on Topbuild stock.
TopBuild Corp (BLD) delivers essential insulation installation services and building product distribution across residential and commercial markets. This news hub provides investors and industry professionals with centralized access to official announcements and market developments.
Track earnings reports, strategic acquisitions, and leadership updates alongside analysis of operational milestones. Our curated collection ensures timely access to material events impacting BLD's position in the construction sector.
Key coverage areas include innovations in building science, expansion of distribution networks, and regulatory developments affecting insulation markets. All content is sourced from verified releases and reputable financial publications.
Bookmark this page for efficient monitoring of TopBuild's business trajectory. Combine press releases with third-party analysis to inform your perspective on this NYSE-listed construction leader.
TopBuild (NYSE:BLD) reported Q2 2025 results with sales of $1.3 billion, down 5.0% year-over-year, and achieved an adjusted EBITDA margin of 20.1%. The company's Installation segment saw an 8.3% decrease while Specialty Distribution grew 1.1%.
In a significant move, TopBuild completed the $810 million acquisition of Progressive Roofing in July 2025, expanding into the commercial roofing services sector. The company has updated its 2025 guidance to include Progressive Roofing, projecting sales of $5.15-$5.35 billion and adjusted EBITDA of $970-$1,070 million.
During Q2, TopBuild demonstrated strong shareholder returns by repurchasing 454,802 shares for $136.0 million, with year-to-date buybacks totaling $351.6 million. The company maintains $836.4 million in remaining share repurchase authorization.
TopBuild Corp. (NYSE: BLD) has acquired Progressive Roofing from Bow River Capital in an all-cash transaction valued at $810 million. Progressive Roofing, headquartered in Phoenix, Arizona, is a leading commercial roofing services provider specializing in re-roofing, maintenance, and new construction across various sectors.
Under Bow River Capital's ownership since September 2021, Progressive Roofing has significantly expanded its operations, growing to over 1,700 employees and completing three strategic acquisitions. The company has strengthened its market position through investments in talent, technology, and operational excellence, serving education, technology, industrial, healthcare, and government markets.
TopBuild (NYSE:BLD) has completed the acquisition of Progressive Roofing for $810 million in an all-cash transaction. Progressive Roofing, previously owned by Bow River Capital, is a leading commercial roofing installation services provider with $438 million in revenue and $89 million in EBITDA for the trailing 12 months ended March 31, 2025.
The Phoenix-based company employs over 1,700 people across 12 branches, with 70% of revenue coming from non-discretionary re-roofing and maintenance, and 30% from new construction. This strategic acquisition positions TopBuild in the $75 billion commercial roofing sector, expanding its building envelope solutions and increasing exposure to non-cyclical revenue streams.
TopBuild (NYSE:BLD), a leading installer and specialty distributor of insulation and building materials in the United States and Canada, will release its second quarter 2025 results before 7:00 a.m. Eastern on Tuesday, August 5.
The company will host a conference call at 9:00 a.m. Eastern to discuss the results. Investors can participate by dialing 1-877-407-9037 (US) or 1-201-493-6738 (International). A live webcast will also be available through TopBuild's website.
TopBuild operates through its Installation segment with over 200 branches across the US and its Specialty Distribution network of more than 150 branches in the US and Canada.
TopBuild (NYSE:BLD) has announced the acquisition of Progressive Roofing for $810 million in an all-cash transaction. Progressive Roofing, currently owned by Bow River Capital, generated $438 million in revenue and $89 million in EBITDA for the trailing 12 months ended March 31, 2025.
The acquisition represents a 9.1x EBITDA multiple (8.6x post-synergies) and is expected to be immediately accretive to earnings. Progressive Roofing employs over 1,700 people across 12 branches, with approximately 70% of revenue coming from non-discretionary re-roofing and maintenance services, and 30% from new construction.
The transaction is expected to close in early Q3 2025, funded through TopBuild's expanded credit facility and cash on hand. The pro forma Net Debt to Adjusted EBITDA ratio will be approximately 1.6x.
TopBuild (NYSE: BLD) has successfully extended and upsized its senior secured credit facilities to $2.25 billion, with maturities extended to May 2030. The new facilities include a $1.0 billion term loan, a $1.0 billion revolving credit facility, and a $250.0 million delayed draw term loan. The facilities will bear interest at SOFR plus 1.25% per annum, subject to a leverage-based pricing grid adjustment. CFO Rob Kuhns highlighted that this refinancing demonstrates strong banking partner support and enhances the company's liquidity and financial flexibility to execute its capital allocation strategy.
TopBuild Corp. (NYSE:BLD) reported Q1 2025 results with total sales declining 3.6% to $1.23 billion. The Installation segment saw a 6.7% decline, while Specialty Distribution grew 2.6%. The company maintained strong profitability with an adjusted EBITDA margin of 19.0% and adjusted gross margin of 29.6%.
Key financial metrics include net income of $123.4 million and earnings per diluted share of $4.23. During Q1, TopBuild returned $215.6 million to shareholders through share repurchases, acquiring 693,881 shares. The company also announced the acquisition of Seal-Rite Insulation, a Nebraska-based insulation installer generating approximately $15 million in annual revenue.
TopBuild confirmed its full-year 2025 outlook with expected sales between $5.05-$5.35 billion and adjusted EBITDA of $925-$1,075 million.
TopBuild Corp (NYSE:BLD), a leading installer and specialty distributor of insulation and building material products in the US and Canada, has received the Great Place to Work® Certification for the third consecutive year in 2025. This certification comes from a global authority on workplace culture that bases its assessment on direct employee feedback regarding workplace experience.
President and CEO Robert Buck emphasized the company's commitment to employee development, career opportunities, fair treatment, and workplace values including safety, integrity, focus, innovation, unity, community, and empowerment.
TopBuild (NYSE:BLD), a leading installer and specialty distributor of insulation and building material products in the United States and Canada, has scheduled its first quarter 2025 financial results release for Tuesday, May 6, before 7:00 a.m. ET.
The company will host a conference call at 9:00 a.m. ET on the same day to discuss the results. Investors can participate through:
- Domestic call-in: 1-877-407-9037
- International call-in: 1-201-493-6738
- Live webcast: Available through TopBuild's website
TopBuild Corp. (NYSE:BLD) has announced an agreement to acquire Seal-Rite Insulation, an Omaha-based insulation installer with annual revenue of $15 million. Seal-Rite has been operating in the Omaha and Lincoln areas for over 25 years, specializing in fiberglass and spray foam installation for residential and commercial markets.
The acquisition is expected to close in the second quarter and will strengthen TopBuild's installation presence in Nebraska. Seal-Rite's reputation and proven track record in the area align with TopBuild's strategy to expand its market presence and drive growth in the insulation and building materials sector.
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