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
DateValue
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