Growth Metrics

TopBuild (BLD) Gross Margin (2016 - 2025)

TopBuild (BLD) has disclosed Gross Margin for 12 consecutive years, with 27.24% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 264.0% year-over-year to 27.24%, compared with a TTM value of 29.01% through Dec 2025, down 148.0%, and an annual FY2025 reading of 29.01%, down 148.0% over the prior year.
  • Gross Margin was 27.24% for Q4 2025 at TopBuild, down from 30.07% in the prior quarter.
  • Across five years, Gross Margin topped out at 32.02% in Q2 2023 and bottomed at 26.62% in Q1 2021.
  • Average Gross Margin over 5 years is 29.61%, with a median of 29.97% recorded in 2024.
  • The sharpest move saw Gross Margin surged 308bps in 2022, then plummeted -264bps in 2025.
  • Year by year, Gross Margin stood at 26.63% in 2021, then increased by 12bps to 29.71% in 2022, then increased by 2bps to 30.41% in 2023, then decreased by -2bps to 29.88% in 2024, then fell by -9bps to 27.24% in 2025.
  • Business Quant data shows Gross Margin for BLD at 27.24% in Q4 2025, 30.07% in Q3 2025, and 30.37% in Q2 2025.