What are TopBuild Corporation's profit margins?

TopBuild Corporation (BLD) runs a 28.8% gross margin and a 14.0% operating margin, with a 9.0% net margin.

Where do TopBuild Corporation's ratios come from?

Every ratio is computed from TopBuild Corporation's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

TopBuild Corporation BLD Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	28.8%-1.3pp	29%-1.5pp	29.7%-0.9pp	29.9%-1.0pp	30.1%-1.0pp
Operating margin	14%-2.0pp	14.6%-2.0pp	15.8%-0.6pp	16.5%0.0pp	16.1%-1.1pp
Net margin	9%-2.3pp	9.6%-2.0pp	10.8%-0.8pp	11.4%-0.3pp	11.2%-0.9pp
EBITDA margin	17.4%-1.3pp	17.8%-1.5pp	18.7%-0.4pp	19.2%+0.1pp	18.8%-1.0pp
Free cash flow margin	12.5%-0.5pp	12.9%-0.4pp	15.1%+1.9pp	15.2%+2.6pp	13%-2.2pp
Returns
Return on equity	22.3%-2.3pp	23.1%-3.0pp	26.2%-1.2pp	26.4%-0.4pp	24.6%-1.8pp
Return on assets	8.9%-3.1pp	9.2%-3.4pp	10.3%-2.5pp	11.9%-0.8pp	12%-0.6pp
Return on invested capital	13.6%-5.1pp	13.5%-5.9pp	16.2%-2.6pp	18.5%-0.3pp	18.7%-0.9pp
Efficiency
Asset turnover	1×-0.1×	1×-0.1×	0.9×-0.2×	1×0.0×	1.1×0.0×
Inventory turnover	8.7×-0.8×	8.4×-1.2×	9.5×-0.4×	9.4×+0.1×	9.5×+0.5×
Liquidity
Current ratio	2×0.0×	1.9×-0.1×	2.9×+0.9×	2.8×+0.5×	2×-0.8×
Quick ratio	1.4×-0.1×	1.3×-0.2×	2.4×+1.0×	2.3×+0.5×	1.5×-0.9×
Cash ratio	0.3×-0.1×	0.2×-0.3×	1.4×+1.0×	1.2×+0.6×	0.4×-0.8×
Leverage
Debt-to-equity	1.3×+0.6×	1.4×+0.6×	1.4×+0.6×	1×+0.3×	0.7×+0.1×
Debt-to-assets	0.5×+0.1×	0.5×+0.1×	0.5×+0.1×	0.4×+0.1×	0.3×0.0×
Net debt / EBITDA	2.9×+1.7×	3.1×+1.9×	2×+0.7×	1.2×+0.1×	1.3×+0.6×
Interest coverage	6.4×-5.6×	7.6×-4.5×	10×-1.6×	11.8×+0.3×	12×+0.1×
Per Share
Book value per share	$85.47+17.8%	$81.15+12.7%	$78.83+11.6%	$75.19+0.5%	$72.53-14.8%
Valuation
Market capitalization	$9.89B+10.9%	$11.71B+27.5%	$11B-14.6%	$9.34B-23.4%	$8.92B-36.0%
Enterprise value	$12.75B+25.3%	$14.68B+41.6%	$12.94B-8.9%	$10.58B-20.7%	$10.18B-30.3%
Price / earnings	19.7×+4.6×	22.4×+7.7×	19.4×-1.4×	15.7×-4.1×	15×-7.1×
Price / sales	1.8×+0.1×	2.2×+0.4×	2.1×-0.3×	1.8×-0.5×	1.7×-1.0×
Price / book	4.1×-0.1×	5.1×+0.9×	4.9×-1.1×	4.4×-0.8×	4.2×-0.9×
EV / EBITDA	13×+2.7×	15.3×+5.2×	13.2×-0.8×	10.6×-2.7×	10.3×-3.9×
EV / sales	2.3×+0.3×	2.7×+0.8×	2.5×-0.2×	2×-0.5×	1.9×-0.9×
Free cash flow yield	7.1%-0.6pp	6%-1.7pp	7.2%+1.8pp	8.5%+3.1pp	7.7%+2.0pp
Earnings yield	5.1%-1.6pp	4.5%-2.3pp	5.2%+0.4pp	6.4%+1.3pp	6.7%+2.1pp

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Questions, answered.

What are TopBuild Corporation's profit margins?: TopBuild Corporation (BLD) runs a 28.8% gross margin and a 14.0% operating margin, with a 9.0% net margin.
Where do TopBuild Corporation's ratios come from?: Every ratio is computed from TopBuild Corporation's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.