TopBuild (BLD) Operating Leases (2019 - 2026)
TopBuild (BLD) reported Operating Leases of $190.1 million for Q1 2026, up 47.08% on a YoY basis from $129.2 million in Q1 2025, and down 5.3% quarter-over-quarter from $200.7 million in Q4 2025.
TopBuild (BLD) Operating Leases (2019 - 2026) Analysis & Trends
TopBuild has reported Operating Leases for 8 years, with the latest figure at $190.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 47.08% year-over-year to $190.1 million; the trailing twelve-month figure through Mar 2026 stood at $190.1 million (up 47.08% YoY), and the FY2025 full-year result was $200.7 million, up 55.17% from the prior year.
- Operating Leases for Q1 2026 stood at $190.1 million, down from $200.7 million in the prior quarter.
- The five-year high for Operating Leases was $200.7 million in Q4 2025, with the low at $124.2 million in Q2 2022.
- Historically, Operating Leases has averaged $145.8 million across 5 years, with a median of $142.6 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Leases jumped 112.64% — and 2024, when it retreated 14.26%.
- TopBuild's Operating Leases stood at $149.9 million in 2022, then declined by 2.49% to $146.2 million in 2023, then dropped by 11.53% to $129.4 million in 2024, then jumped by 55.17% to $200.7 million in 2025, then decreased by 5.3% to $190.1 million in 2026.
- The last three Operating Leases figures came in at $190.1 million (Q1 2026), $200.7 million (Q4 2025), and $147.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Quanta Services | 103.91 Bn | 103.65 Bn | 1.11 Bn |
| 2 | Comfort Systems Usa | 65.18 Bn | 64.13 Bn | 754.41 Mn |
| 3 | Emcor | 36.65 Bn | 35.73 Bn | 863.95 Mn |
| 4 | Mastec | 28.10 Bn | 27.94 Bn | 477.90 Mn |
| 5 | Sterling Infrastructure | 27.31 Bn | 26.80 Bn | 194.30 Mn |
| 6 | APi | 18.18 Bn | 17.54 Bn | 620.00 Mn |
| 7 | IES Holdings | 14.63 Bn | 14.37 Bn | 254.79 Mn |
| 8 | Jacobs Solutions | 14.18 Bn | 12.80 Bn | 794.89 Mn |
| 9 | Dycom Industries | 13.76 Bn | 13.05 Bn | - |
| 10 | TopBuild | 11.17 Bn | 10.90 Bn | 400.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 190.09 Mn |
| Dec 31, 2025 | 200.73 Mn |
| Sep 30, 2025 | 147.27 Mn |
| Jun 30, 2025 | 129.17 Mn |
| Mar 31, 2025 | 129.24 Mn |
| Dec 31, 2024 | 129.36 Mn |
| Sep 30, 2024 | 130.30 Mn |
| Jun 30, 2024 | 132.53 Mn |
| Mar 31, 2024 | 142.55 Mn |
| Dec 31, 2023 | 146.21 Mn |
| Sep 30, 2023 | 151.97 Mn |
| Jun 30, 2023 | 148.71 Mn |
| Mar 31, 2023 | 154.84 Mn |
| Dec 31, 2022 | 149.94 Mn |
| Sep 30, 2022 | 138.92 Mn |
| Jun 30, 2022 | 124.19 Mn |
| Mar 31, 2022 | 133.30 Mn |
| Dec 31, 2021 | 125.34 Mn |
| Sep 30, 2021 | 71.29 Mn |
| Jun 30, 2021 | 68.46 Mn |