TopBuild Corp. Files Q2 2024 10-Q Report

Ticker: BLD · Form: 10-Q · Filed: 2024-08-06T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, earnings, construction

TL;DR

TopBuild's Q2 10-Q is in - check financials for construction sector insights.

AI Summary

TopBuild Corp. reported its Q2 2024 results, ending June 30, 2024. The company's financial performance for the quarter and year-to-date is detailed in this 10-Q filing. Key financial metrics and operational highlights are presented, reflecting the company's ongoing business activities and strategic positioning within the construction sector.

Why It Matters

This filing provides investors and analysts with the latest financial data for TopBuild Corp., crucial for understanding the company's performance and making informed investment decisions in the construction industry.

Risk Assessment

Risk Level: medium — As a publicly traded company in the construction sector, TopBuild faces inherent risks related to economic cycles, material costs, and labor availability, which are detailed in their SEC filings.

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The Conformed Period of Report is 20240630, indicating the filing covers the period ending June 30, 2024.

When was this 10-Q filing submitted to the SEC?

The filing date is 20240806.

What was TopBuild Corp.'s former company name?

TopBuild Corp.'s former company name was Masco SpinCo Corp.

What is TopBuild Corp.'s fiscal year end?

TopBuild Corp.'s fiscal year ends on 1231.

What is the Standard Industrial Classification for TopBuild Corp.?

The Standard Industrial Classification for TopBuild Corp. is CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700].

From the Filing

0001558370-24-011080.txt : 20240806 0001558370-24-011080.hdr.sgml : 20240806 20240806160554 ACCESSION NUMBER: 0001558370-24-011080 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 74 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240806 DATE AS OF CHANGE: 20240806 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TopBuild Corp CENTRAL INDEX KEY: 0001633931 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 473096382 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36870 FILM NUMBER: 241179142 BUSINESS ADDRESS: STREET 1: 475 N. WILLIAMSON BLVD. CITY: DAYTONA BEACH STATE: FL ZIP: 32114 BUSINESS PHONE: (386) 304-2200 MAIL ADDRESS: STREET 1: 475 N. WILLIAMSON BLVD. CITY: DAYTONA BEACH STATE: FL ZIP: 32114 FORMER COMPANY: FORMER CONFORMED NAME: Masco SpinCo Corp. DATE OF NAME CHANGE: 20150213 10-Q 1 bld-20240630x10q.htm 10-Q 0 0 0001633931 false --12-31 2024 Q2 0001633931 2023-01-01 2023-12-31 0001633931 bld:ShareRepurchaseProgram2022Member 2022-07-25 2024-06-30 0001633931 bld:ShareRepurchaseProgram2024Member 2024-06-30 0001633931 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001633931 us-gaap:CommonStockMember 2024-04-01 2024-06-30 0001633931 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001633931 us-gaap:TreasuryStockCommonMember 2024-06-30 0001633931 us-gaap:RetainedEarningsMember 2024-06-30 0001633931 us-gaap:CommonStockMember 2024-06-30 0001633931 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0001633931 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0001633931 us-gaap:TreasuryStockCommonMember 2024-03-31 0001633931 us-gaap:RetainedEarningsMember 2024-03-31 0001633931 us-gaap:CommonStockMember 2024-03-31 0001633931 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001633931 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001633931 2024-03-31 0001633931 us-gaap:TreasuryStockCommonMember 2023-12-31 0001633931 us-gaap:RetainedEarningsMember 2023-12-31 0001633931 us-gaap:CommonStockMember 2023-12-31 0001633931 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001633931 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001633931 us-gaap:TreasuryStockCommonMember 2023-06-30 0001633931 us-gaap:RetainedEarningsMember 2023-06-30 0001633931 us-gaap:CommonStockMember 2023-06-30 0001633931 us-gaap:AdditionalPaidInCapitalMember 2023-06-30 0001633931 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-06-30 0001633931 us-gaap:TreasuryStockCommonMember 2023-03-31 0001633931 us-gaap:RetainedEarningsMember 2023-03-31 0001633931 us-gaap:CommonStockMember 2023-03-31 0001633931 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001633931 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001633931 2023-03-31 0001633931 us-gaap:TreasuryStockCommonMember 2022-12-31 0001633931 us-gaap:RetainedEarningsMember 2022-12-31 0001633931 us-gaap:CommonStockMember 2022-12-31 0001633931 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001633931 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001633931 us-gaap:EmployeeStockOptionMember 2023-12-31 0001633931 us-gaap:EmployeeStockOptionMember 2024-06-30 0001633931 bld:LongTermIncentivePlanMember 2024-06-30 0001633931 srt:MaximumMember bld:LongTermIncentivePlanMember 2024-06-30 0001633931 us-gaap:RestrictedStockMember 2023-12-31 0001633931 us-gaap:OperatingSegmentsMember bld:ResidentialMember bld:InstallationSegmentMember 2024-04-01 2024-06-30 0001633931 us-gaap:OperatingSegmentsMember bld:ResidentialMember bld:DistributionSegmentMember 2024-04-01 2024-06-30 0001633931 us-gaap:OperatingSegmentsMember bld:RainGuttersMember bld:InstallationSegmentMember 2024-04-01 2024-06-30 0001633931 us-gaap:OperatingSegmentsMember bld:RainGuttersMember bld:DistributionSegmentMember 2024-04-01 2024-06-30 0001633931 us-gaap:OperatingSegmentsMember bld:InsulationAndAccessoriesMember bld:I

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