TopBuild reported a strong fourth quarter and full-year 2024 performance, with Q4 sales increasing 2.0% to $1.31 billion, driven by 6.6% growth in Specialty Distribution. Full-year sales reached a record $5.3 billion, with adjusted EBITDA hitting $1.07 billion. The company completed eight acquisitions totaling $153.1 million in annual sales and returned $966.4 million to shareholders through share repurchases.

Looking ahead to 2025, TopBuild expects sales in the range of $5.05 billion to $5.35 billion and adjusted EBITDA between $925 million and $1.075 billion. The company continues to prioritize acquisitions and announced a new $1 billion share repurchase authorization, bringing total availability to $1.2 billion.

source: TopBuild, February 25, 2025.