TopBuild Corp. (BLD) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 160.74M | 176.73M | 233.31M | 193.69M | 152.59M | 266.23M | 240.67M | 90.35M | 178.78M | 260.93M | 202.68M | 216M | 169.8M | 160.17M | 117.93M | 128.21M | 89.48M | 93.52M | 107.3M | 112.78M |
| Operating CF Margin % | 11.12% | 11.9% | 16.75% | 14.93% | 12.37% | 20.29% | 17.53% | 6.62% | 13.98% | 20.29% | 15.28% | 16.4% | 13.42% | 12.67% | 9.06% | 10.06% | 7.66% | 8.79% | 12.69% | 13.52% |
| Operating CF Growth % | 5.34% | -33.62% | -3.06% | 114.38% | -14.65% | 2.03% | 18.74% | -58.17% | 5.29% | 62.91% | 71.86% | 68.47% | 89.76% | 71.27% | 9.91% | 13.68% | 0.07% | -8.46% | 38.35% | 7.17% |
| Net Income | 104.81M | 104.52M | 142.23M | 151.6M | 123.39M | 150.54M | 168.96M | 150.72M | 152.38M | 146.38M | 167.6M | 164.4M | 135.87M | 143.83M | 153.75M | 143.7M | 114.71M | 78.36M | 95.44M | 90.38M |
| Depreciation & Amortization | 56.3M | 55.35M | 42.34M | 35.89M | 35.79M | 35.71M | 35.49M | 35.03M | 34.26M | 34.66M | 33.56M | 32.55M | 32.1M | 30.28M | 32.43M | 30.12M | 30.5M | 28.39M | 17.78M | 17.7M |
| Stock-Based Compensation | 4.63M | 0 | 4.31M | 4.76M | 5.04M | 3.17M | 3.65M | 4.63M | 5.13M | 4.76M | 4.19M | 3.75M | 3.13M | 2.64M | 2.61M | 3.33M | 3.73M | 2.94M | 3M | 2.27M |
| Deferred Taxes | 0 | -12.62M | 2.67M | -846K | -1.82M | 0 | 0 | 168K | -240K | 0 | 0 | 0 | 563K | 0 | 0 | 0 | -81K | -1.16M | -1.46M | -23K |
| Other Non-Cash Items | 7.22M | 7.78M | 6.72M | 3.89M | 17.27M | 692K | 7.18M | 6.9M | 6.74M | -7.48M | 4.09M | 3.71M | 6.12M | 6.57M | 5.84M | 12.59M | 4.39M | 3.17M | 2.46M | 4.53M |
| Working Capital Changes | -12.22M | 21.7M | 35.04M | -1.61M | -27.08M | 76.11M | 25.4M | -107.1M | -19.49M | 82.61M | -6.77M | 11.59M | -7.99M | -23.15M | -76.7M | -61.53M | -63.76M | -18.17M | -9.92M | -2.08M |
| Change in Receivables | -38.54M | 90.42M | -5.66M | -3.87M | -1.12M | 86.31M | 28.12M | -29.93M | -28.49M | 73.29M | -15.23M | -26.4M | -10.85M | -16.75M | -44.84M | -42.71M | -65.03M | -6.79M | -25.98M | -15.45M |
| Change in Inventory | -18.34M | -6.41M | 3.35M | 22.36M | -2.21M | -10.81M | -158K | -18.7M | -12.06M | -8.43M | 28.34M | 34.53M | 20.1M | 7.27M | -18.53M | -44.05M | -38.57M | -16.4M | -22.06M | -5.97M |
| Change in Payables | 31.46M | -50.64M | 24.27M | -6.71M | -32.34M | -12.98M | 39K | -14.82M | -2.66M | 12.49M | -12.55M | 16.67M | -25.48M | -22.5M | 1.54M | 34.88M | 12.66M | 7.05M | 26.13M | 24.03M |
| Cash from Investing | -41.49M | -1.1B | -846.77M | -32.64M | -12.85M | -60.6M | -20.97M | -81.43M | -40.51M | -17.15M | -105.18M | -14.87M | -60.97M | -20.24M | -19.5M | -22.04M | -32.13M | -1.08B | -23.27M | -150.46M |
| Capital Expenditures | -14M | -17.37M | -17.15M | -11.52M | -13.39M | -12.55M | -20.82M | -16.09M | -19.88M | -15.92M | -17.4M | -15.09M | -15.58M | -20.34M | -20.01M | -17.62M | -18.41M | -13.23M | -13.76M | -16.28M |
| CapEx % of Revenue | 0.97% | 1.17% | 1.23% | 0.89% | 1.09% | 0.96% | 1.52% | 1.18% | 1.55% | 1.24% | 1.31% | 1.15% | 1.23% | 1.61% | 1.54% | 1.38% | 1.58% | 1.24% | 1.63% | 1.95% |
| Acquisitions | -27.89M | -1.08B | -829.62M | -21.48M | 294K | -48.31M | -337K | -65.88M | -22.24M | -1.54M | -101.67M | -103K | -45.84M | 0 | -1.75M | -4.78M | -13.97M | -1.06B | -9.62M | -134.32M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 394K | 0 | 0 | 362K | 248K | 257K | 186K | 542K | 1.61M | 308K | 13.89M | 327K | 455K | 98K | 2.26M | 365K | 253K | 117K | 105K | 137K |
| Cash from Financing | -34.38M | -36.64M | 914.32M | 370.44M | -231.34M | -58.57M | -425.75M | -514.85M | -17.1M | -11.96M | -7.89M | -8.92M | -15.06M | -59.69M | -60.8M | -109.08M | -70.51M | 793.56M | -17.86M | -20.2M |
| Debt Issued (Net) | -17.49M | -19.26M | 977.08M | 516.78M | -11.25M | -11.39M | -11.78M | -11.81M | -12.06M | -12.43M | -8.88M | -9.09M | -9.74M | -9.69M | -9.68M | -9.65M | -9.63M | 801.99M | -5.85M | -5.86M |
| Equity Issued (Net) | 1.39M | -17M | -62.76M | -135.99M | -215.63M | -47.17M | -413.94M | -505.24M | 1.02M | 641K | 992K | 468K | 1.03M | -50M | -50M | -100.05M | -50M | - | -11.52M | -14.18M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -17M | -65.53M | -135.99M | -215.63M | -47.17M | -413.94M | -505.24M | 0 | 0 | 0 | 0 | 0 | -50M | -50M | -100.05M | -50M | 0 | -11.52M | -14.18M |
| Other Financing | -18.29M | -385K | 0 | -10.35M | -4.47M | -17K | -29K | 2.2M | -6.06M | -178K | 0 | -300K | -6.35M | 0 | -1.11M | 623K | -10.87M | -8.43M | -498K | -161K |
| Net Change in Cash | 84.11M | -957.66M | 299.91M | 533.68M | -91.51M | 142.98M | -205.88M | -505.59M | 120.24M | 232.95M | 89.28M | 192.55M | 93.71M | 80.69M | 35.52M | -2.68M | -13.23M | -188.13M | 66.17M | -57.88M |
| Free Cash Flow | 146.74M | 159.36M | 216.16M | 182.17M | 139.19M | 253.67M | 219.85M | 74.26M | 158.9M | 245.01M | 185.28M | 200.9M | 154.22M | 139.83M | 97.92M | 110.59M | 71.07M | 80.29M | 93.54M | 96.5M |
| FCF Margin % | 10.15% | 10.73% | 15.52% | 14.04% | 11.29% | 19.33% | 16.01% | 5.44% | 12.43% | 19.05% | 13.97% | 15.25% | 12.19% | 11.06% | 7.53% | 8.68% | 6.08% | 7.55% | 11.06% | 11.57% |
| FCF Growth % | 5.42% | -37.18% | -1.68% | 145.32% | -12.4% | 3.54% | 18.66% | -63.04% | 3.03% | 75.22% | 89.21% | 81.66% | 117% | 74.15% | 4.68% | 14.6% | -7.87% | -9.2% | 31.21% | -3.68% |
| FCF per Share | 5.22 | 5.66 | 7.66 | 6.31 | 4.77 | 8.60 | 7.35 | 2.36 | 4.99 | 7.70 | 5.83 | 6.33 | 4.86 | 4.39 | 3.03 | 3.39 | 2.15 | 2.42 | 2.83 | 2.91 |
| FCF Conversion (FCF/Net Income) | 1.53x | 1.69x | 1.64x | 1.28x | 1.24x | 1.77x | 1.42x | 0.60x | 1.17x | 1.78x | 1.21x | 1.31x | 1.25x | 1.11x | 0.77x | 0.89x | 0.78x | 1.19x | 1.12x | 1.25x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - |