# TopBuild Corp · Edgar & Edgarette company card

> TopBuild grew revenue 1.5% in FY2025 to $5.4 billion, operating margin 14.6% against a 0.7% median for construction - special trade contractors, equity 35.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1633931 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/1633931) · [JSON](https://www.pops4.com/boards/company/1633931.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $5.4B |
| Revenue growth, 1 year | 1.5% |
| Revenue growth per year | 11.6% |
| Operating margin | 14.6% (prior year 16.6%) |
| Net margin | 9.6% |
| Operating cash flow | $756M |
| Capital spending | $59M |
| Free cash flow | $697M |
| Cash | $185M |
| Long-term debt | $2.8B |
| Total assets | $6.6B |
| Total equity | $2.3B |
| Equity ÷ assets | 35.1% |
| Return on equity | 22.5% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 3.89 (safe zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -2.47 (below the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · slow and jumpy: growing slower than its size class, with revenue that swings more
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $5.4B (FY2025), total debt $2.8B. Experience: revenue up 1.5% on the year, up 11.6% a year over 4 years; operating margin 14.6%, down from 16.6%. Soundness: equity 35.1% of assets, return on equity 22.5%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $4.4B and $6.6B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $3.8B to $7.6B. A statistical range, not company guidance. Against peers (11 filers, $50M+ revenue, construction - special trade contractors): operating margin 14.6% against a 0.7% median; growth 1.5% against 14.4%.

Range logged 2026-10-31, receipt fa42844b354f9c3d, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 1, latest 2026-07-01 ([filing](https://www.sec.gov/Archives/edgar/data/1633931/000110465926079876/0001104659-26-079876-index.htm))
- Item 5.02 Director or officer change: 3, latest 2026-07-01 ([filing](https://www.sec.gov/Archives/edgar/data/1633931/000110465926079876/0001104659-26-079876-index.htm))

## Recent filings

- 8-K · filed 2026-07-01 · 1.01 Entry into a Material Definitive Agreement; 1.02 Termination of a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 2.03 Creation of a Direct Financial Obligation; 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 3.03 Material Modifications to Rights of Security Holders; 5.01 Changes in Control of Registrant; 5.02 Departure or Election of Directors; Appointment of Officers; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1633931/000110465926079876/0001104659-26-079876-index.htm)
- 8-K · filed 2026-06-29 · 5.07 Submission of Matters to a Vote of Security Holders; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1633931/000110465926078885/0001104659-26-078885-index.htm)
- 8-K · filed 2026-06-22 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1633931/000110465926076063/0001104659-26-076063-index.htm)
- 8-K · filed 2026-06-16 · 5.04 Temporary Suspension of Trading Under Benefit Plans; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1633931/000110465926074350/0001104659-26-074350-index.htm)
- 8-K · filed 2026-06-12 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1633931/000110465926073501/0001104659-26-073501-index.htm)
- 8-K · filed 2026-06-04 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1633931/000110465926070561/0001104659-26-070561-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001633931.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1633931

## Cite

POPS4, Edgar & Edgarette: TopBuild Corp company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/1633931. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.