TopBuild Corp. — Cyborg Score 8/10

Strong
Construction Services & Building Products Distribution

Strategic Profile

The majority of revenue is earned from the installation segment. TopBuild benefits from structural improvements, secular growth exposure, and anticipated housing recovery as interest rates decline. The company maintains competitive advantages through its dual-segment platform, geographic reach, and active acquisition strategy.

Cyborg Score Rationale

TopBuild has a market cap of $12.5B and trailing twelve-month revenue of $5.24B, with recent acquisitions strengthening market position. According to 14 analysts, the average rating for BLD stock is "Strong Buy." Growth trajectory appears solid with exposure to secular housing trends.

Top Insights

  • In 2024, TopBuild's revenue was $5.33 billion, up 2.60% from the previous year, showing consistent growth momentum
  • Recent acquisitions including Applied Coatings and Upstate Spray Foam (Feb 2026, ~$20M revenue) strengthen Northeast presence
  • The U.S. housing market is viewed as a 'coiled spring' with pent-up demand, poised for explosive growth if mortgage rates ease
  • TopBuild has 13,894 total employees supporting operational scale across 450+ combined branches

Named Competitors

  • Installed Building Products — Specialty insulation distributor and installer
  • Builders FirstSource — Building materials and construction products distributor
  • Johns Manville — Insulation and building materials manufacturer
  • Knauf Insulation — Global insulation products manufacturer

Recent Developments

  • (February 2026) Acquired Applied Coatings and Upstate Spray Foam for regional expansion
  • (November 2025) Q3 2025 delivered $1.4B sales with 19.8% adjusted EBITDA margin; raised full-year guidance
  • (October 2025) Completed multiple acquisitions including Diamond Door Products and Performance Insulation Fabricators

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