TopBuild Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,409	5,330	5,195	5,009	3,486
Revenue Growth (YoY)	1.49%	2.60%	3.71%	43.67%	28.26%
Cost of Revenue	3,816	3,705	3,591	3,522	2,512
Gross Profit	1,593	1,625	1,604	1,487	974.39
Selling, General & Admin	745.96	710.68	725	689.56	497.97
Operating Expenses	745.96	710.68	725	689.56	497.97
Operating Income	846.93	914.24	878.83	797.16	476.42
Interest Expense	-103.77	-73.09	-74.61	-56.72	-29.14
Other Non Operating Income (Expenses)	15.42	27.54	21.27	1.69	0
EBT Excluding Unusual Items	758.58	868.69	825.48	742.14	447.28
Merger & Restructuring Charges	-55	-27.9	-	-	-
Other Unusual Items	-	-	-	-	-13.84
Pretax Income	703.58	840.79	825.48	742.14	433.44
Income Tax Expense	181.86	218.19	211.23	186.15	109.43
Earnings From Continuing Operations	521.73	622.6	614.25	555.99	324.02
Net Income	521.73	622.6	614.25	555.99	324.02
Net Income to Common	521.73	622.6	614.25	555.99	324.02
Net Income Growth	-16.20%	1.36%	10.48%	71.59%	31.17%
Shares Outstanding (Basic)	28	31	32	32	33
Shares Outstanding (Diluted)	29	31	32	32	33
Shares Change (YoY)	-6.97%	-3.45%	-2.04%	-2.13%	-0.46%
EPS (Basic)	18.41	20.41	19.44	17.26	9.88
EPS (Diluted)	18.28	20.29	19.33	17.14	9.78
EPS Growth	-9.91%	4.97%	12.78%	75.26%	31.81%
Free Cash Flow	696.89	706.68	785.41	419.42	347.48
Free Cash Flow Per Share	24.42	23.03	24.72	12.93	10.48
Gross Margin	29.45%	30.49%	30.87%	29.68%	27.95%
Operating Margin	15.66%	17.15%	16.92%	15.92%	13.67%
Profit Margin	9.64%	11.68%	11.82%	11.10%	9.29%
Free Cash Flow Margin	12.88%	13.26%	15.12%	8.37%	9.97%
EBITDA	1,016	1,055	1,012	920.5	555.81
EBITDA Margin	18.79%	19.79%	19.48%	18.38%	15.94%
D&A For EBITDA	169.37	140.49	132.88	123.34	79.39
EBIT	846.93	914.24	878.83	797.16	476.42
EBIT Margin	15.66%	17.15%	16.92%	15.92%	13.67%
Effective Tax Rate	25.85%	25.95%	25.59%	25.08%	25.25%
Advertising Expenses	3.4	1.5	3	2.9	2.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.