TopBuild (BLD) Tops Q4 EPS by 53c; Offers FY23 Revenue Guidance

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TopBuild Reports Fourth Quarter and Year-End 2022 Results

February 23, 2023 6:45 AM EST

Fourth Quarter Highlights

Sales increase 18.9% to $1.3 billion, with same branch revenue increasing 14.2%Net income increases 83.6% to $143.8 million, or $4.52 per diluted shareAdjusted EBITDA margin expands 170 basis points to 18.8%

Full Year Highlights

Sales increase 43.7% to $5.0 billion, with same branch revenue increasing 18.8%Net income increases 71.6% to $556.0 million, or $17.14 per diluted shareAdjusted EBITDA margin expands 140 basis... More