Growth Metrics

TopBuild (BLD) Gross Margin (2016 - 2025)

TopBuild's Gross Margin history spans 12 years, with the latest figure at 27.24% for Q4 2025.

  • For Q4 2025, Gross Margin fell 264.0% year-over-year to 27.24%; the TTM value through Dec 2025 reached 29.01%, down 148.0%, while the annual FY2025 figure was 29.01%, 148.0% down from the prior year.
  • Gross Margin reached 27.24% in Q4 2025 per BLD's latest filing, down from 30.07% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 32.02% in Q2 2023 to a low of 26.62% in Q1 2021.
  • Average Gross Margin over 5 years is 29.61%, with a median of 29.97% recorded in 2024.
  • Peak YoY movement for Gross Margin: surged 308bps in 2022, then plummeted -264bps in 2025.
  • A 5-year view of Gross Margin shows it 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.
  • Per Business Quant, the three most recent readings for BLD's Gross Margin are 27.24% (Q4 2025), 30.07% (Q3 2025), and 30.37% (Q2 2025).