TopBuild (BLD) Debt to Equity (2015 - 2026)
TopBuild (BLD) reported Debt to Equity of $1.18 for Q1 2026, up 82.57% on a YoY basis from $0.65 in Q1 2025, and down 4.15% quarter-over-quarter from $1.23 in Q4 2025.
TopBuild (BLD) Debt to Equity (2015 - 2026) Analysis & Trends
TopBuild has reported Debt to Equity for 12 years, with the latest figure at $1.18 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 82.57% year-over-year to $1.18; the trailing twelve-month figure through Mar 2026 stood at $1.18 (up 82.57% YoY), and the FY2025 full-year result was $1.23, up 97.38% from the prior year.
- Debt to Equity for Q1 2026 stood at $1.18, down from $1.23 in the prior quarter.
- The five-year high for Debt to Equity was $1.29 in Q3 2025, with the low at $0.52 in Q1 2024.
- Historically, Debt to Equity has averaged $0.79 across 5 years, with a median of $0.7 in 2023.
- Annual changes were most pronounced in 2023 — Debt to Equity dropped 26.65% — and 2025, when it surged 97.38%.
- TopBuild's Debt to Equity stood at $0.76 in 2022, then decreased by 26.65% to $0.55 in 2023, then grew by 12.41% to $0.62 in 2024, then surged by 97.38% to $1.23 in 2025, then dropped by 4.15% to $1.18 in 2026.
- The last three Debt to Equity figures came in at $1.18 (Q1 2026), $1.23 (Q4 2025), and $1.29 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 0.65 |
| 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 | 0.77 |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 0.24 |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 0.79 |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | 1.24 |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 0.03 |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | 1.51 |
| 10 | TopBuild | 11.46 Bn | 11.19 Bn | 400.25 Mn | 1.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.18 |
| Dec 31, 2025 | 1.23 |
| Sep 30, 2025 | 1.29 |
| Jun 30, 2025 | 0.88 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.62 |
| Sep 30, 2024 | 0.66 |
| Jun 30, 2024 | 0.59 |
| Mar 31, 2024 | 0.52 |
| Dec 31, 2023 | 0.55 |
| Sep 30, 2023 | 0.59 |
| Jun 30, 2023 | 0.64 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | 0.76 |
| Sep 30, 2022 | 0.80 |
| Jun 30, 2022 | 0.85 |
| Mar 31, 2022 | 0.87 |
| Dec 31, 2021 | 0.91 |
| Sep 30, 2021 | 0.45 |
| Jun 30, 2021 | 0.48 |