Last 46 quarters of trend data · Industrials · Engineering & Construction
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
TopBuild Corp.'s quarterly P/E stands at 27.5x, up 52.6% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 30.0% YoY to 15.5x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 22.63 | 27.50 | 28.11 | 19.39 | 15.27 | 18.02 | 15.23 | 18.00 | 20.15 | 23.00 | 20.34 | 11.94 | 12.84 |
| — | +52.6% | +84.6% | +7.7% | -24.2% | -21.6% | -25.1% | +50.8% | +56.9% | +89.2% | +135.0% | +37.9% | +35.5% | |
| P/S Ratio | 2.15 | 2.00 | 1.98 | 1.98 | 1.80 | 1.80 | 1.75 | 2.22 | 2.22 | 2.74 | 2.31 | 1.51 | 1.60 |
| — | +10.7% | +13.0% | -10.7% | -19.0% | -34.3% | -24.4% | +47.0% | +38.8% | +110.4% | +134.9% | +47.5% | +49.8% | |
| P/B Ratio | 5.02 | 4.80 | 5.07 | 4.96 | 4.36 | 4.20 | 4.15 | 5.76 | 5.15 | 5.17 | 4.64 | 3.32 | 3.77 |
| — | +14.2% | +22.0% | -13.9% | -15.4% | -18.8% | -10.5% | +73.3% | +36.6% | +61.9% | +79.8% | +14.6% | +20.6% | |
| P/FCF | 16.70 | 19.66 | 18.41 | 12.75 | 12.82 | 15.98 | 9.05 | 13.84 | 40.89 | 22.08 | 12.15 | 10.79 | 10.50 |
| — | +23.1% | +103.5% | -7.9% | -68.6% | -27.6% | -25.5% | +28.3% | +289.3% | +106.4% | +36.4% | -20.5% | -14.8% | |
| EV / EBITDA | 15.19 | 15.47 | 15.64 | 12.60 | 10.35 | 11.90 | 10.23 | 12.08 | 13.53 | 14.76 | 13.25 | 8.34 | 8.87 |
| — | +30.0% | +52.9% | +4.3% | -23.5% | -19.4% | -22.8% | +44.9% | +52.5% | +72.2% | +92.7% | +24.6% | +20.5% | |
| EV / EBIT | 18.44 | 20.40 | 20.23 | 14.81 | 11.80 | 13.90 | 11.77 | 13.71 | 14.98 | 16.26 | 14.86 | 9.28 | 9.90 |
| — | +46.7% | +71.9% | +8.1% | -21.2% | -14.5% | -20.8% | +47.7% | +51.3% | +65.0% | +89.6% | +20.9% | +17.2% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
TopBuild Corp.'s operating margin was 12.2% in Q1 2026, up 0.1 pp QoQ and down 2.2 pp YoY. The trailing four-quarter average of 14.2% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.0% | 27.7% | 27.2% | 30.1% | 30.4% | 28.5% | 29.9% | 30.7% | 31.0% | 30.3% | 30.4% | 31.7% | 32.0% |
| — | -2.9% | -8.8% | -2.1% | -2.2% | -5.9% | -1.8% | -3.2% | -3.1% | +3.5% | +2.4% | +4.3% | +6.2% | |
| Operating Margin | 14.6% | 12.2% | 12.1% | 15.4% | 16.9% | 14.4% | 16.6% | 17.8% | 15.4% | 16.8% | 15.9% | 17.9% | 18.0% |
| — | -15.2% | -27.0% | -13.1% | +10.0% | -14.2% | +4.1% | -0.8% | -14.4% | +6.4% | -0.9% | +4.5% | +10.7% | |
| Net Margin | 9.6% | 7.2% | 7.0% | 10.2% | 11.7% | 10.0% | 11.5% | 12.3% | 11.0% | 11.9% | 11.4% | 12.6% | 12.5% |
| — | -27.5% | -38.7% | -17.0% | +5.9% | -16.0% | +0.8% | -2.7% | -11.6% | +11.0% | +0.1% | +6.9% | +10.7% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 23.1% | 4.4% | 4.6% | 6.5% | 7.1% | 5.7% | 7.0% | 7.6% | 5.9% | 5.8% | 5.9% | 7.2% | 7.6% |
| — | -22.2% | -33.9% | -13.8% | +19.7% | -1.2% | +18.2% | +4.7% | -22.2% | -15.1% | -22.9% | -16.1% | -8.5% | |
| ROA | 9.1% | 1.6% | 1.6% | 2.5% | 3.1% | 2.6% | 3.2% | 3.5% | 3.0% | 2.9% | 2.9% | 3.4% | 3.4% |
| — | -41.0% | -50.4% | -30.3% | +5.7% | -9.1% | +11.5% | +4.2% | -14.2% | -0.3% | -8.9% | -1.4% | +5.1% | |
| ROIC | 13.7% | 2.5% | 2.9% | 4.3% | 4.9% | 3.9% | 4.8% | 5.3% | 4.6% | 4.8% | 4.5% | 5.2% | 5.3% |
| — | -36.3% | -40.3% | -19.0% | +6.1% | -17.8% | +5.7% | +0.9% | -12.4% | +8.4% | -0.5% | +3.6% | +10.4% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
TopBuild Corp.'s Debt/EBITDA ratio is 13.4x — elevated, raising questions about debt serviceability. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.36 | 1.30 | 1.36 | 1.39 | 0.97 | 0.74 | 0.71 | 0.75 | 0.68 | 0.60 | 0.64 | 0.69 | 0.74 |
| — | +75.7% | +90.5% | +84.8% | +42.9% | +23.6% | +11.8% | +9.3% | -8.2% | -26.1% | -26.5% | -24.5% | -22.5% | |
| Debt / EBITDA | 3.28 | 13.44 | 13.41 | 12.00 | 8.14 | 7.35 | 6.23 | 5.69 | 6.53 | 6.53 | 6.84 | 6.11 | 6.15 |
| — | +82.9% | +115.1% | +111.1% | +24.8% | +12.5% | -8.9% | -6.9% | +6.2% | -9.6% | -4.8% | -6.7% | -12.4% | |
| Current Ratio | 1.94 | 2.00 | 1.94 | 2.90 | 2.83 | 2.02 | 2.08 | 2.01 | 2.34 | 2.81 | 2.66 | 2.50 | 2.37 |
| — | -1.3% | -7.2% | +44.3% | +20.7% | -27.9% | -21.5% | -19.4% | -1.1% | +30.8% | +35.4% | +35.8% | +40.1% | |
| Quick Ratio | 1.34 | 1.41 | 1.34 | 2.45 | 2.29 | 1.47 | 1.55 | 1.49 | 1.82 | 2.33 | 2.18 | 2.02 | 1.86 |
| — | -4.2% | -14.0% | +63.8% | +25.8% | -36.7% | -28.8% | -26.2% | -2.3% | +47.0% | +55.3% | +59.1% | +61.4% | |
| Interest Coverage | 4.33 | 4.82 | 4.76 | 7.70 | 10.91 | 11.00 | 12.73 | 13.35 | 11.94 | 12.01 | 11.13 | 12.93 | 13.02 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 46 years · Updated daily
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Quick answers to the most common questions about buying BLD stock.
TopBuild Corp.'s current P/E is 22.6x. The average P/E over the last 4 quarters is 22.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
TopBuild Corp.'s current operating margin is 14.6%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking TopBuild Corp.'s business trajectory between earnings reports.