TopBuild (BLD) Gross Margin (2014 - 2026)

TopBuild (BLD) posted Gross Margin of 27.68% for Q1 2026, up 1.63% quarter-over-quarter from 27.24% in Q4 2025, and down 82.0% year-on-year from 153.79% in Q1 2025.

TopBuild (BLD) Gross Margin (2014 - 2026) Analysis & Trends

TopBuild (BLD) has reported Gross Margin for 13 consecutive years, with 27.68% the latest figure, recorded in Q1 2026.

  • Gross Margin for Q1 2026 came in at 27.68%, down 82.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 28.78% (down 130.0% YoY), and the FY2025 annual result was 29.01%, down 148.0% from the prior year.
  • Gross Margin was 27.68% for Q1 2026 at TopBuild, up from 27.24% in the prior quarter.
  • Over five years, Gross Margin peaked at 32.02% in Q2 2023 and troughed at 27.24% in Q4 2025.
  • Average Gross Margin over 5 years is 29.87%, with a median of 30.14% recorded in 2022.
  • Year-over-year, Gross Margin soared 308 bps in 2022 and plunged 264 bps in 2025.
  • Over 5 years, Gross Margin stood at 29.71% in 2022, then rose by 2 bps to 30.41% in 2023, then slipped by 2 bps to 29.88% in 2024, then retreated by 9 bps to 27.24% in 2025, then rose by 2 bps to 27.68% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 27.68% in Q1 2026, 27.24% in Q4 2025, and 30.07% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 44.21%
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 14.06%
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 12.48%
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 23.53%
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 31.28%
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 21.51%
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 26.15%
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 7.80%
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 12.61%
10 TopBuild 140.75 Mn -128.10 Mn 400.25 Mn 27.68%

Historic Data

Download Data
DateValue
Mar 31, 2026 27.68%
Dec 31, 2025 27.24%
Sep 30, 2025 30.07%
Jun 30, 2025 30.37%
Mar 31, 2025 28.50%
Dec 31, 2024 29.88%
Sep 30, 2024 30.72%
Jun 30, 2024 31.04%
Mar 31, 2024 30.28%
Dec 31, 2023 30.41%
Sep 30, 2023 31.72%
Jun 30, 2023 32.02%
Mar 31, 2023 29.26%
Dec 31, 2022 29.71%
Sep 30, 2022 30.42%
Jun 30, 2022 30.14%
Mar 31, 2022 28.33%
Dec 31, 2021 26.63%
Sep 30, 2021 29.59%
Jun 30, 2021 29.15%