Statements contained herein reflect our views about future periods, including our future plans and performance, constitute "forward- looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "will," "would," "anticipate," "expect," "believe," "designed," "plan," or "intend," the negative of these terms, and similar references to future periods. These views involve risks and uncertainties that are difficult to predict and, accordingly, our actual results may differ materially from the results discussed in our forward-looking statements. We caution you against unduly relying on any of these forward-looking statements. Our future performance may be affected by a number of risks including but not limited to the material risks under the caption entitled "Risk Factors" in our most recent Annual Report, as filed with the SEC, as well as under the caption entitled "Risk Factors" in subsequent reports that we file with the SEC. Our forward-looking statements in this presentation speak only as of the date of this presentation. Factors or events that could cause our actual results to differ may emerge from time to time and it is not possible for us to predict all of them. Unless required by law, we undertake no obligation to update any forward- looking statements as a result of new information, future events, or otherwise. The Company believes that the non-GAAP performance measures and ratios that are contained herein, which management uses to manage our business, provide additional meaningful comparisons between current results and results in our prior periods. Non-GAAP performance measures and ratios should be viewed in addition, and not as an alternative, to the Company's reported results under United States GAAP. Additional information about the Company is contained in the Company's filings with the SEC and is available on TopBuild's website at www.topbuild.com.
2
2021 TEAM GOALS
FOCUSED ON:
Striving for ZERO safety incidents
Successfully integrating acquisitions into our family of companies
Expanding our efforts to think differently in order to:
Simplify processes
Leverage fixed overhead
Manage expenses
Improve productivity
Developing and building the talent and diversity of our team
MAKING PROGRESS AND DELIVERING RESULTS
3
2Q 2021 FINANCIAL HIGHLIGHTS*
29.1% sales increase, 18.3% on a same branch basis
29.2% adjusted gross margin, up 140 bps
15.6% adjusted operating margin, up 270 bps
18.0% adjusted EBITDA margin, up 130 bps
64.3% increase in adjusted EPS to $2.76 per diluted share
STRONG FINANCIAL PERFORMANCE
* See Appendix for Reconciliation
4
BUSINESS UPDATE
RESIDENTIAL
Building cycle elongated
Backlog growing
Material and labor constrained for all industry trades
Fiberglass remains on allocation
Spray foam supply slowly normalizing
TruTeam and Service Partners effectively managing selling prices
SUCCESSFULLY NAVIGATING CURRENT ENVIRONMENT
5
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original document
Permalink
Disclaimer
TopBuild Corp. published this content on 03 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2021 12:52:16 UTC.
TopBuild Corp. is an installer and specialty distributor of insulation and related building material products to the construction industry in the United States and Canada. The Company operates through two segments: Installation and Specialty Distribution. The Installation segment installs insulation and other building products. It installs other building products, including glass and windows, rain gutters, garage doors, closet shelving, and fireplaces. Its Installation customer base includes national and regional single-family homebuilders, single-family custom builders, and individual homeowners. The Specialty Distribution segment distributes building and mechanical insulation, insulation accessories, rain gutters and other building product materials for the residential and commercial/industrial end markets. Its customer base consists of thousands of insulation contractors of various sizes serving a variety of residential and commercial/industrial industries and gutter contractors.
TOPBUILD CORP. 
