Below are the financial statements of TopBuild, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and cash equivalents | 400.32a | 848.57a |
Receivables, net of an allowance for credit losses of $18,541 at december 31, 2024, and $23,948 at december 31, 2023 | 751.61a | 799.01a |
Inventories | 406.66a | 364.73a |
Prepaid expenses and other current assets | 40.38a | 36.94a |
Total current assets | 1,598.97a | 2,049.24a |
Assets | — | — |
Right of use assets | 189.15a | 204.63a |
Property and equipment, net | 266.99a | 264.49a |
Goodwill | 2,112.26a | 2,042.57a |
Other intangible assets, net | 557.69a | 591.06a |
Other assets | 10.37a | 10.87a |
Total assets | 4,735.43a | 5,162.85a |
Current liabilities | — | — |
Accounts payable | 456.45a | 469.59a |
Current portion of long-term debt | 48.75a | 47.04a |
Accrued liabilities | 191.79a | 187.22a |
Short-term operating lease liabilities | 68.71a | 65.78a |
Short-term finance lease liabilities | 1.49a | 1.92a |
Total current liabilities | 767.18a | 771.54a |
Liabilities and equity | — | — |
Long-term debt | 1,327.16a | 1,373.03a |
Deferred tax liabilities, net | 240.34a | 243.93a |
Long-term portion of insurance reserves | 57.7a | 58.78a |
Long-term operating lease liabilities | 129.36a | 146.21a |
Long-term finance lease liabilities | 2.62a | 4.15a |
Other liabilities | 1.45a | 1.55a |
Total liabilities | 2,525.81a | 2,599.2a |
Equity | — | — |
Preferred stock, $0.01 par value: 10,000,000 shares authorized; 0 shares issued and outstanding | 0a | 0a |
Common stock, $0.01 par value: 250,000,000 shares authorized; 39,554,033 shares issued and 29,367,087 outstanding at december 31, 2024, and 39,492,037 shares issued and 31,776,039 outstanding at december 31, 2023 | 0.4a | 0.39a |
Treasury stock, 10,186,946 shares at december 31, 2024, and 7,715,998 shares at december 31, 2023, at cost | -1,681.23a | -699.33a |
Additional paid-in capital | 926.14a | 906.33a |
Retained earnings | 2,993.52a | 2,370.92a |
Accumulated other comprehensive loss | -29.21a | -14.67a |
Total equity | 2,209.62a | 2,563.66a |
Total liabilities and equity | 4,735.43a | 5,162.85a |
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