Growth Metrics

TopBuild (BLD) Gross Margin (2016 - 2026)

TopBuild filings provide 13 years of Gross Margin readings, the most recent being 27.68% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 82.0% to 27.68% in Q1 2026 year-over-year; TTM through Mar 2026 was 28.78%, a 130.0% decrease, with the full-year FY2025 number at 29.01%, down 148.0% from a year prior.
  • Gross Margin hit 27.68% in Q1 2026 for TopBuild, up from 27.24% 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 27.24% in Q4 2025.
  • Median Gross Margin over the past 5 years was 30.14% (2022), compared with a mean of 29.87%.
  • Biggest five-year swings in Gross Margin: soared 308bps in 2022 and later tumbled -264bps in 2025.
  • TopBuild's Gross Margin stood at 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, then increased by 2bps to 27.68% in 2026.
  • The last three reported values for Gross Margin were 27.68% (Q1 2026), 27.24% (Q4 2025), and 30.07% (Q3 2025) per Business Quant data.