TopBuild (BLD) FCF Margin (2014 - 2026)
TopBuild (BLD) reported FCF Margin of 10.15% for Q1 2026, down 219.0% on a YoY basis from 8.53% in Q1 2025, and down 30.86% quarter-over-quarter from 14.68% in Q4 2025.
TopBuild (BLD) FCF Margin (2014 - 2026) Analysis & Trends
TopBuild has reported FCF Margin for 13 years, with the latest figure at 10.15% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 219.0% year-over-year to 10.15%; the trailing twelve-month figure through Mar 2026 stood at 13.34% (up 47.0% YoY), and the FY2025 full-year result was 13.97%, up 71.0% from the prior year.
- FCF Margin for Q1 2026 stood at 10.15%, down from 14.68% in the prior quarter.
- The five-year high for FCF Margin was 19.33% in Q4 2024, with the low at 6.62% in Q2 2024.
- Historically, FCF Margin has averaged 12.52% across 5 years, with a median of 13.04% in 2025.
- Annual changes were most pronounced in 2023 — FCF Margin surged 868 bps — and 2024, when it slumped 1085 bps.
- TopBuild's FCF Margin stood at 6.66% in 2022, then surged by 130 bps to 15.34% in 2023, then rose by 26 bps to 19.33% in 2024, then retreated by 24 bps to 14.68% in 2025, then plunged by 31 bps to 10.15% in 2026.
- The last three FCF Margin figures came in at 10.15% (Q1 2026), 14.68% (Q4 2025), and 15.52% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 2.18% |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 8.42% |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | -0.61% |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 2.06% |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 17.68% |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 3.38% |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | -13.66% |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 7.33% |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | TopBuild | 11.46 Bn | 11.19 Bn | 400.25 Mn | 10.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.15% |
| Dec 31, 2025 | 14.68% |
| Sep 30, 2025 | 15.52% |
| Jun 30, 2025 | 13.04% |
| Mar 31, 2025 | 12.34% |
| Dec 31, 2024 | 19.33% |
| Sep 30, 2024 | 13.41% |
| Jun 30, 2024 | 6.62% |
| Mar 31, 2024 | 13.96% |
| Dec 31, 2023 | 15.34% |
| Sep 30, 2023 | 15.37% |
| Jun 30, 2023 | 17.47% |
| Mar 31, 2023 | 12.19% |
| Dec 31, 2022 | 6.66% |
| Sep 30, 2022 | 9.08% |
| Jun 30, 2022 | 10.03% |
| Mar 31, 2022 | 7.64% |
| Dec 31, 2021 | 7.55% |
| Sep 30, 2021 | 11.06% |
| Jun 30, 2021 | 10.16% |