Here are the 10-K annual reports from TopBuild Corp. (BLD) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow BLD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BLD filings page.
TopBuild Corp. files its annual report describing a large North American business installing insulation and commercial roofing and distributing building products in the U.S. and Canada. The company trades on the NYSE under “BLD” and is a large accelerated filer.
TopBuild operates two segments: Installation Services, which generates about 59% of sales, and Specialty Distribution, with about 41%. It cites scale, dual channels to builders, diversified end markets, and strong local branches as key advantages, while highlighting intense competition and sensitivity to construction cycles and macroeconomic conditions.
As of December 31, 2025, TopBuild had 14,707 employees and emphasizes safety, training, diversity, and engagement, reporting lower voluntary turnover and injury rates than industry averages. The report details extensive risk factors, including supply chain disruptions, labor availability, regulatory and environmental compliance, cybersecurity threats, acquisition integration, leverage and liquidity risks, and exposure to cyclical housing, commercial, and industrial construction demand.