TopBuild (BLD) Debt Ratio (2015 - 2026)
TopBuild (BLD) reported Debt Ratio of 0.42 for Q1 2026, up 42.07% on a YoY basis from 0.3 in Q1 2025, and down 2.07% quarter-over-quarter from 0.43 in Q4 2025.
TopBuild (BLD) Debt Ratio (2015 - 2026) Analysis & Trends
TopBuild has reported Debt Ratio for 12 years, with the latest figure at 0.42 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio rose 42.07% year-over-year to 0.42; the trailing twelve-month figure through Mar 2026 stood at 0.42 (up 42.07% YoY), and the FY2025 full-year result was 0.43, up 48.33% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.42, down from 0.43 in the prior quarter.
- The five-year high for Debt Ratio was 0.45 in Q3 2025, with the low at 0.27 in Q1 2024.
- Historically, Debt Ratio has averaged 0.33 across 5 years, with a median of 0.31 in 2023.
- Annual changes were most pronounced in 2024 — Debt Ratio fell 13.9% — and 2025, when it surged 49.7%.
- TopBuild's Debt Ratio stood at 0.32 in 2022, then decreased by 13.05% to 0.28 in 2023, then gained by 5.64% to 0.29 in 2024, then soared by 48.33% to 0.43 in 2025, then dropped by 2.07% to 0.42 in 2026.
- The last three Debt Ratio figures came in at 0.42 (Q1 2026), 0.43 (Q4 2025), and 0.45 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 0.23 |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 0.01 |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | - |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 0.24 |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 0.10 |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 0.31 |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | 0.34 |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 0.02 |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | 0.47 |
| 10 | TopBuild | 11.46 Bn | 11.19 Bn | 400.25 Mn | 0.42 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.42 |
| Dec 31, 2025 | 0.43 |
| Sep 30, 2025 | 0.45 |
| Jun 30, 2025 | 0.37 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.29 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.30 |
| Mar 31, 2023 | 0.31 |
| Dec 31, 2022 | 0.32 |
| Sep 30, 2022 | 0.33 |
| Jun 30, 2022 | 0.33 |
| Mar 31, 2022 | 0.34 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.22 |
| Jun 30, 2021 | 0.23 |