TopBuild (BLD) Tops Q4 EPS by 5c, Beats on Revenue; Offers FY24 Revenue Guidance

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TopBuild Reports Fourth Quarter and Year-End 2023 Financial Results

February 28, 2024 6:45 AM EST

Fourth Quarter Highlights

Sales increase 1.7% to $1.3 billionGross margin expands 70 basis points to 30.4%Adjusted EBITDA margin expands 80 basis points to 19.6%

Full Year Highlights

Sales increase 3.7% to $5.2 billionGross margin expands 120 basis points to 30.9%Adjusted EBITDA margin expands 140 basis points to 20.2%

Provides 2024 Sales and Adjusted EBITDA Outlook

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