TopBuild Corp. (BLD) Financial Statements (2024 and earlier)

Company Profile

Business Address 475 N. WILLIAMSON BLVD.
DAYTONA BEACH, FL 32114
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 17 - Construction Special Trade Contractors (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments24014033018510157
Cash and cash equivalents24014033018510157
Receivables836668427429407309
Inventory, net of allowances, customer advances and progress billings439353161149169131
Inventory439353161149169131
Asset, held-for-sale, not part of disposal group    11 
Other undisclosed current assets342718162715
Total current assets:1,5491,188936780705512
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization 7   
Operating lease, right-of-use asset2061778387
Nontrade receivables     42
Property, plant and equipment 247 180178168107
Intangible assets, net (including goodwill)2,5821,9501,4111,3681,5631,110
Goodwill1,9671,9501,4111,3681,3641,077
Intangible assets, net (excluding goodwill)615   19933
Deferred income tax assets  234
Other noncurrent assets161311652
Other undisclosed noncurrent assets 929191181916
Total noncurrent assets:3,0583,0711,8791,8241,7501,238
TOTAL ASSETS:4,6074,2592,8152,6042,4551,750
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities551514373390397339
Interest and dividends payable9444 
Employee-related liabilities  323425
Accounts payable487462332308313264
Accrued liabilities644437464650
Deferred revenue2214716
Debt424123702713
Contract with customer, liability20
Other undisclosed current liabilities17416494   
Total current liabilities:790733496477444351
Noncurrent Liabilities
Long-term debt and lease obligation1,4241,588737752717229
Long-term debt, excluding current maturities1,4171,454683698717229
Finance lease, liability78  
Liabilities, other than long-term debt4643012332224539
Accounts payable and accrued liabilities605251464336
Deferred income tax liabilities251248169175
Other liabilities2114123
Operating lease, liability1501255454
Other undisclosed noncurrent liabilities     176133
Total noncurrent liabilities:1,8871,889970974938402
Total liabilities:2,6772,6221,4661,4511,382753
Equity
Equity, attributable to parent1,9301,6361,3491,1531,072997
Common stock000000
Treasury stock, value(693)(431)(387)(330)(217)(142)
Additional paid in capital887873858850846831
Accumulated other comprehensive loss(22)(7)    
Retained earnings1,7571,201877633442307
Total equity:1,9301,6361,3491,1531,072997
TOTAL LIABILITIES AND EQUITY:4,6074,2592,8152,6042,4551,750

Income Statement (P&L) ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues5,0093,4862,7182,6242,3841,906
Revenue, net1,906
Cost of revenue(3,522)(2,512)(1,972)(1,943)(1,808)(1,445)
Cost of goods and services sold(3,522)(2,512)(1,972)(1,943)(2)(1,445)
Gross profit:1,487974746681576461
Operating expenses(690)(498)(391)(392)(367)(324)
Operating income:797476355290209137
Nonoperating expense(55)(43)(32)(36)(28)(9)
Other nonoperating income201210
Interest and debt expense(57)(14)(0)(38)(29)(1)
Income from continuing operations before equity method investments, income taxes:685420323216152127
Other undisclosed income from continuing operations before income taxes5714038291
Income from continuing operations before income taxes:742433323254181128
Income tax expense (benefit)(186)(109)(76)(63)(46)30
Income from continuing operations:556324247191135158
Income before gain (loss) on sale of properties:324247191135158
Net income available to common stockholders, diluted:556324247191135158

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:556324247191135158
Other comprehensive income (loss)(15)(7)    
Other undisclosed comprehensive loss      
Comprehensive income:541317247191135158
Other undisclosed comprehensive income, net of tax, attributable to parent      
Comprehensive income, net of tax, attributable to parent:541317247191135158

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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