DAYTONA BEACH, Fla., June 03, 2024 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and related building material products to the construction industry in the United States and Canada, announced today that it has acquired Texas Insulation, which generates approximately $39 million in annual revenue. Texas Insulation operates out of three locations in Dallas, Houston, and Austin and serves customers in the residential and light commercial end markets. ...

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TopBuild Corp. (BLD) reported mixed results for first-quarter 2024, wherein its earnings topped the Zacks Consensus Estimate but revenues missed the same. Nonetheless, both earnings and net sales grew on a year-over-year basis. Notably, effective price realization during the quarter, combined with productivity initiatives, resulted in a 100 basis points (bps) expansion of the adjusted EBITDA margin. Also, the company has revised its forecast for 2024 upward, considering the robust profitability observed in ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 For the transition period from to Commission file number: 001-36870 TopBuild Corp. (Exact name of Registrant as Specified in its Charter) Delaware 47-3096382 (State or Other Jurisdi ...

First Quarter 2024 Robert Buck, President & CEO Rob Kuhns, CFO Published May 7, 2024 ...

财务数据和关键指标变化 - 第一季度总收入增长1.1%至12.8亿美元,调整后EBITDA增长6.5%至2.538亿美元 [15] - 毛利率扩大100个基点至30.3%,主要得益于生产效率提升和定价提高 [46] - 调整后EBITDA利润率扩大100个基点至19.8% [47] - 安装业务调整后EBITDA利润率为22.0%,同比提升60个基点 [47] - 专业分销业务调整后EBITDA利润率为16.9%,同比提升110个基点 [47] - 过去12个月自由现金流增长57.2%至7.901亿美元 [50] 各条业务线数据和关键指标变化 - 安装业务收入增长4.1%至7.987亿美元,其中收购和处置贡献2.6%,定价贡献1.2%,销量增长0.3% [43] - 专业分销业务收入下降2.3%至5.458亿美元,销量下降4.2%,定价上涨1.5%,收购贡献0.4% [45] - 安装业务受益于多户型住宅强劲的订单量和单户型住宅逐月改善的销量 [16] - 专业分销业务受到纤维玻璃供应紧张的影响,销量下降 [45] 各个市场数据和关键指标变化 - 单户型住宅市场在2023年3月实现同比增长,这是超过一年以来的首次同比改善 [15][16] - 多户型住宅市场在第一季度同比增长超过20% [16] - 商业和工业市场的投标活动和中标率持续改善,公司的专有线索应用程序推动了这一部分业务的有机增长 [17] - 公司正在执行多个大型商业和机械绝缘项目 [17][31][32][33] 公司战略和发展方向及行业竞争 - 公司将收购作为首要的资本配置优先事项,并在此方面拥有出色的往绩 [19][51] - 公司宣布授权新的高达10亿美元的股票回购计划,显示了公司资产负债表的实力和管理层的信心 [14] - 公司看好未来几年大型项目带来的经常性收入,以及扩大商业覆盖范围的机会 [35][36] - 美国住房短缺为公司带来长期的需求支撑 [35] - 能源法规的变化将为公司的绝缘业务带来持续的需求增长 [36][37] 管理层对经营环境和未来前景的评论 - 管理层对2024年的前景保持信心,预计两个业务部门都将继续交出出色的业绩 [56] - 公司看好未来几年大型项目带来的经常性收入,以及扩大商业覆盖范围的机会 [35][36] - 美国住房短缺为公司带来长期的需求支撑 [35] - 能源法规的变化将为公司的绝缘业务带来持续的需求增长 [36][37] 问答环节重要的提问和回答 问题1 **Stephen Kim提问** 询问公司在机械绝缘领域的并购前景 [62][63][64] **Robert Buck回答** 公司在机械绝缘领域的并购前景良好,该领域存在大量的区域性参与者,为公司提供了丰富的并购机会 [64][65][66] 问题2 **Susan Maklari提问** 询问公司是否会更多关注一些较小的机械绝缘参与者,而不是大型参与者 [80][81] **Robert Buck和Robert Kuhns回答** 公司在并购方面保持开放态度,会关注各种规模的参与者,同时也会平衡并购和回购资本的配置 [82][83][84] 问题3 **Ken Zener提问** 询问公司在材料供应紧张情况下的定价策略 [95][96][99][100] **Robert Buck和Robert Kuhns回答** 公司有能力有效管理原材料价格上涨,预计未来几个季度会继续保持这一能力 [96][99][100]

For the quarter ended March 2024, TopBuild (BLD) reported revenue of $1.28 billion, up 1.1% over the same period last year. EPS came in at $4.81, compared to $4.36 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.31 billion, representing a surprise of -2.08%. The company delivered an EPS surprise of +5.48%, with the consensus EPS estimate being $4.56. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...

TopBuild (BLD) came out with quarterly earnings of $4.81 per share, beating the Zacks Consensus Estimate of $4.56 per share. This compares to earnings of $4.36 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 5.48%. A quarter ago, it was expected that this insulation products company would post earnings of $4.60 per share when it actually produced earnings of $4.69, delivering a surprise of 1.96%. Over the last four quarters, ...

Exhibit 99.1 NYSE:BLD A leading installer and specialty distributor of insulation and related building material products to the construction industry in the United States and Canada TopBuild Reports First Quarter Results, Raises 2024 Outlook and Announces $1B Share Repurchase Authorization First quarter sales grow 1.1% to $1.3 billion Gross margin expands 100 basis points to 30.3% Adjusted EBITDA margin expands 100 basis points to 19.8% First Quarter Financial Highlights (comparisons are to the quarter ende ...

DAYTONA BEACH, Fla., May 06, 2024 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD) a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada, has entered into an agreement to acquire Insulation Works, based in Wickes, Ark. Insulation Works services the residential and light commercial end markets in Arkansas and the surrounding states, and agricultural buildings nationally. Insulation Works has three locations across ...