TopBuild Reports Fourth Quarter and Year-End 2024 Results, Provides 2025 Outlook and Announces New $1 Billion Share Repurchase Authorization

Fourth Quarter HighlightsFourth quarter sales grew 2.0% to $1.31 billion, driven by 6.6% improvement in Specialty DistributionDelivered gross margin of 29.9% and adjusted EBITDA margin of 19.7% Full Year HighlightsAchieved record 2024 results: sales of$ 5.3 billion and adjusted EBITDA of $1.07 billionCompleted 8 acquisitions totaling$ 153.1 million in annual salesReturned $966.4 million in capital to stockholders through the repurchase of ~2.5 million shares 2025 OutlookAnticipates full year 2025 sales betw ...