TopBuild
TopBuild operates in the insulation and building materials sectors, serving residential, commercial, and industrial markets with over 410 branches nationwide and holding a significant market share in new housing starts.
Services
TopBuild operates in the residential, commercial, and industrial insulation and building materials sectors. The company's diversified business model includes both installation and specialty distribution services. With over 240 installation branches and over 170 specialty distribution branches, TopBuild serves a wide range of end-markets, providing tailored solutions to meet the specific needs of its customers.
Business Model and Market Share
TopBuild has developed a core competency around acquisitions, supported by a dedicated team focused on sourcing and integrating deals. This approach has enabled the company to grow and expand its market presence. The company commands over 40% share of new housing starts and operates in a market valued at $18.25 billion. TopBuild's commitment to a diversified business model underpins its robust market position.
Financial Performance
TopBuild's financial performance indicates growth and profitability. Sales increased by 1.7% to $1.3 billion, and its gross margin expanded by 70 basis points to 30.4%. The adjusted EBITDA margin also saw an increase of 80 basis points, reaching 19.6%. These figures reflect the company's effective operational strategies and market execution.
Environmental Commitment
TopBuild is committed to operating in a manner that conserves national resources for future generations. This involves implementing sustainable practices across its operations to minimize environmental impact and support long-term ecological balance.
Certified Great Place to Work
TopBuild is certified by Great Place to Work, an indicator of the company's commitment to fostering a positive and productive workplace environment. This certification reflects TopBuild's dedication to creating a supportive and engaging work culture for its employees.