TopBuild(BLD) - 2022 Q4 - Annual Report

The market for the distribution and installation of building product materials is highly fragmented and competitive. Barriers to entry for local competitors are relatively low, increasing the risk that additional competitors will emerge. Our ability to maintain our competitive position depends on a number of factors including our scale, sales channels, diversified product lines, operation capabilities and strong local presence. ● Leverage systems, management, and best practice processes across both our Inst ...