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TopBuild Corp.: Update to credit analysis

Our credit view of this issuer reflects its strong credit metrics and healthy operating performance, against its competitiveness and cyclicality of end markets and its large debt.

 PRESS RELEASE

TopBuild Acquires Applied Coatings and Upstate Spray Foam

TopBuild Acquires Applied Coatings and Upstate Spray Foam DAYTONA BEACH, Fla., Feb. 03, 2026 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building products to the construction industry in the United States and Canada, announced it acquired Applied Coatings and Upstate Spray Foam. Based in Winfield, N.Y., Applied Coatings and Upstate Spray Foam together generate approximately $20 million in annual revenue, primarily installing spray foam and fireproofing for the residential and ...

Moody's Ratings affirms TopBuild Corp.'s Ba1 CFR; stable outlook

Moody's Ratings (Moody's) affirmed TopBuild Corp.'s Ba1 corporate family rating (CFR), Ba1-PD probability of default rating (PDR) and Ba2 senior unsecured notes ratings. The SGL-1 Speculative Grade Liquidity Rating remains unchanged. The outlook remains stable. Today's rating action reflects the c...

 PRESS RELEASE

TopBuild to Release Fourth Quarter 2025 Results on Thursday, February ...

TopBuild to Release Fourth Quarter 2025 Results on Thursday, February 26 Conference Call and Webcast at 9:00 A.M. Eastern DAYTONA BEACH, Fla., Jan. 27, 2026 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building material products to the construction industry in the United States and Canada, announced it will release its fourth quarter 2025 results prior to 7:00 a.m. Eastern time on Thursday, February 26. The Company will host a conference call at 9:00 a.m. that same day to rev...

Topbuild Corp: 1 director

A director at Topbuild Corp sold 5,000 shares at 453.390USD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly s...

 PRESS RELEASE

TopBuild Hosting 2025 Investor Day on December 9, Providing Strategic ...

TopBuild Hosting 2025 Investor Day on December 9, Providing Strategic Outlook on Business DAYTONA BEACH, Fla., Dec. 09, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp., (NYSE:BLD) a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building products to the construction industry in the United States and Canada, is hosting its Investor Day in New York City today, December 9, beginning at 8:00 a.m. ET. TopBuild’s President and CEO Robert Buck, CFO Rob Kuhns, and other members of the senior leadership team will present an in-depth overview o...

 PRESS RELEASE

TopBuild Reports Third Quarter 2025 Results; Raises Guidance to Includ...

TopBuild Reports Third Quarter 2025 Results; Raises Guidance to Include Recent Acquisitions Delivers third quarter sales of $1.4 billion and adjusted EBITDA margin of 19.8% Raises 2025 outlook to $5.35 to $5.45 billion in sales and $1.01 to $1.06 billion in adjusted EBITDA, to include contribution from SPI and four recent acquisitions DAYTONA BEACH, Fla., Nov. 04, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building products to the construction industry in the United S...

 PRESS RELEASE

TopBuild Announces Specialty Distribution and Installation Services Ac...

TopBuild Announces Specialty Distribution and Installation Services Acquisitions Completes Acquisitions of Insulation Fabrics, Diamond Door Products and Performance Insulation Fabricators; Enters into Agreement to Acquire L&L Insulation DAYTONA BEACH, Fla., Nov. 03, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building products to the construction industry in the United States and Canada, announced four acquisitions – Insulation Fabrics, Diamond Door Products, Performanc...

TopBuild Corp.: Acquisition of SPI expands branch network and diversif...

The acquisition expands TopBuild's branch network for the distribution and fabrication of mechanical insulation, and diversifies its end markets to industrial and commercial.

 PRESS RELEASE

TopBuild Acquires Specialty Products and Insulation (SPI) in All-Cash ...

TopBuild Acquires Specialty Products and Insulation (SPI) in All-Cash Transaction Valued at $1 Billion Reinforces TopBuild’s Leadership Position in Specialty Distribution, Extends Geographic Footprint and Expands Mechanical Insulation Fabrication Capabilities Further Grows TopBuild’s Presence in Commercial and Industrial End Markets and Strengthens Non-Cyclical Revenue Stream Expects $35 to $40M in Annual Run-Rate Cost Synergies DAYTONA BEACH, Fla., Oct. 08, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer of insulation and commercial roofing and a specialty dist...

 PRESS RELEASE

TopBuild to Release Third Quarter 2025 Results on Tuesday, November 4

TopBuild to Release Third Quarter 2025 Results on Tuesday, November 4 Conference Call and Webcast at 9:00 A.M. Eastern DAYTONA BEACH, Fla., Oct. 07, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building material products to the construction industry in the United States and Canada, announced it will release its third quarter 2025 results prior to 7:00 a.m. Eastern time on Tuesday, November 4. The Company will host a conference call at 9:00 a.m. that same day to review it...

 PRESS RELEASE

TopBuild to Host 2025 Investor Day

TopBuild to Host 2025 Investor Day DAYTONA BEACH, Fla., Sept. 19, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp., (NYSE:BLD) a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building material products to the construction industry in the United States and Canada, will host an Investor Day in New York City on Tuesday, December 9, 2025, beginning at 8:00 a.m. ET. TopBuild President and CEO Robert Buck, CFO Rob Kuhns, and other members of the senior leadership team will present an in-depth overview of the Company, its proven business mod...

 PRESS RELEASE

TopBuild Announces Pricing of its Senior Notes Offering

TopBuild Announces Pricing of its Senior Notes Offering DAYTONA BEACH, Fla., Sept. 15, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD) (“TopBuild” or the “Company”), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building material products to the construction industry in the United States and Canada, today announced the pricing of its previously announced private offering of $750.0 million aggregate principal amount of senior notes due 2034 (the “notes”) to be 5.625%. TopBuild intends to use the net proceeds from the sale ...

Moody's Ratings assigns Ba2 rating to TopBuild's proposed senior unsec...

Moody's Ratings (Moody's) assigned a Ba2 rating to TopBuild Corp.'s (TopBuild) proposed $750 million senior unsecured notes due 2034. TopBuild's Ba1 corporate family rating (CFR) and Ba1-PD probability of default rating (PDR) are not affected. The Ba2 rating on the company's $400 million senior unse...

 PRESS RELEASE

TopBuild Announces Senior Notes Offering

TopBuild Announces Senior Notes Offering DAYTONA BEACH, Fla., Sept. 15, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD) (“TopBuild” or the “Company”), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building material products to the construction industry in the United States and Canada, today announced a private offering of $750.0 million aggregate principal amount of senior notes due 2034 (the “notes”) to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933 (the “Securities Act”) and...

 PRESS RELEASE

TopBuild Reports Second Quarter 2025 Results; Issues Guidance to Inclu...

TopBuild Reports Second Quarter 2025 Results; Issues Guidance to Include Progressive Roofing Acquisition Delivers second quarter sales of $1.3 billion and adjusted EBITDA margin of 20.1% 2025 outlook for $5.150 to $5.350 billion in sales and $970 to $1,070 million in adjusted EBITDA includes contribution from Progressive Roofing acquisition DAYTONA BEACH, Fla., Aug. 05, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer of insulation and commercial roofing and a specialty distributor of insulation and related building material products to the construction industry i...

 PRESS RELEASE

TopBuild Completes Progressive Roofing Acquisition

TopBuild Completes Progressive Roofing Acquisition Aligns with TopBuild’s Core Strengths Expands Building Envelope Offering to General Contractor Customers and Increases Exposure to Non-Cyclical and Non-Discretionary Revenue Drivers Establishes Scalable Platform for Growth in $75 Billion, Highly Fragmented Commercial Roofing Sector DAYTONA BEACH, Fla., July 15, 2025 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD) announced today that it has successfully completed its previously-announced acquisition of Progressive Roofing, a portfolio company of Bow River Capital, in an all-cash transact...

 PRESS RELEASE

TopBuild to Release Second Quarter 2025 Results on Tuesday, August 5

TopBuild to Release Second Quarter 2025 Results on Tuesday, August 5 Conference Call and Webcast at 9:00 A.M. Eastern DAYTONA BEACH, Fla., July 14, 2025 (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 it will release its second quarter 2025 results prior to 7:00 a.m. Eastern time on Tuesday, August 5. The Company will host a conference call at 9:00 a.m. that same day to review its financial results. To participate ...

 PRESS RELEASE

TopBuild to Acquire Progressive Roofing in All-Cash Transaction Valued...

TopBuild to Acquire Progressive Roofing in All-Cash Transaction Valued at $810 Million, Creating a New Growth Platform Aligns with TopBuild’s Core Strengths Expands Building Envelope Installation Solutions to IncludeComprehensive Suite of Commercial Roofing Services Enables Significant Growth Potential in ~$75B Highly Fragmented, Largely Non-Discretionary Commercial Roofing Services Industry DAYTONA BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) --  TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and related building material products to the constru...

 PRESS RELEASE

TopBuild Extends and Upsizes Senior Secured Credit Facilities

TopBuild Extends and Upsizes Senior Secured Credit Facilities Increases Borrowing Capacity to $2.25 Billion and Extends Maturities to May 2030 DAYTONA BEACH, Fla., May 19, 2025 (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, today announced the extension and upsizing of its existing senior secured credit facilities. The new $2.25 billion facilities include a $1.0 billion term loan, a $1.0 billion revolving credit facility and a $250.0 m...

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