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Side-by-side financial comparison of TopBuild Corp (BLD) and CIVITAS RESOURCES, INC. (CIVI). Click either name above to swap in a different company.

TopBuild Corp is the larger business by last-quarter revenue ($1.5B vs $1.2B, roughly 1.3× CIVITAS RESOURCES, INC.). On growth, TopBuild Corp posted the faster year-over-year revenue change (13.2% vs -8.2%). Over the past eight quarters, TopBuild Corp's revenue compounded faster (7.8% CAGR vs 1.8%).

HashiCorp, Inc. is an American software company with a freemium business model based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.

Civitas Resources, Inc. is a U.S.-based sustainable energy enterprise focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It primarily operates across the Denver-Julesburg Basin in Colorado, prioritizing low-emission, responsible energy production to meet diverse North American energy demand.

BLD vs CIVI — Head-to-Head

Bigger by revenue
BLD
BLD
1.3× larger
BLD
$1.5B
$1.2B
CIVI
Growing faster (revenue YoY)
BLD
BLD
+21.4% gap
BLD
13.2%
-8.2%
CIVI
Faster 2-yr revenue CAGR
BLD
BLD
Annualised
BLD
7.8%
1.8%
CIVI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BLD
BLD
CIVI
CIVI
Revenue
$1.5B
$1.2B
Net Profit
$104.5M
Gross Margin
27.2%
Operating Margin
12.1%
20.0%
Net Margin
7.0%
Revenue YoY
13.2%
-8.2%
Net Profit YoY
-30.6%
EPS (diluted)
$3.69
$1.99

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BLD
BLD
CIVI
CIVI
Q4 25
$1.5B
Q3 25
$1.4B
$1.2B
Q2 25
$1.3B
$1.1B
Q1 25
$1.2B
$1.2B
Q4 24
$1.3B
$1.3B
Q3 24
$1.4B
$1.3B
Q2 24
$1.4B
$1.3B
Q1 24
$1.3B
$1.3B
Net Profit
BLD
BLD
CIVI
CIVI
Q4 25
$104.5M
Q3 25
$142.2M
Q2 25
$151.6M
Q1 25
$123.4M
Q4 24
$150.5M
Q3 24
$169.0M
Q2 24
$150.7M
Q1 24
$152.4M
Gross Margin
BLD
BLD
CIVI
CIVI
Q4 25
27.2%
Q3 25
30.1%
Q2 25
30.4%
Q1 25
28.5%
Q4 24
29.9%
Q3 24
30.7%
Q2 24
31.0%
Q1 24
30.3%
Operating Margin
BLD
BLD
CIVI
CIVI
Q4 25
12.1%
Q3 25
15.4%
20.0%
Q2 25
16.9%
15.3%
Q1 25
14.4%
20.7%
Q4 24
16.6%
15.4%
Q3 24
17.8%
30.6%
Q2 24
15.4%
21.6%
Q1 24
16.8%
15.9%
Net Margin
BLD
BLD
CIVI
CIVI
Q4 25
7.0%
Q3 25
10.2%
Q2 25
11.7%
Q1 25
10.0%
Q4 24
11.5%
Q3 24
12.3%
Q2 24
11.0%
Q1 24
11.9%
EPS (diluted)
BLD
BLD
CIVI
CIVI
Q4 25
$3.69
Q3 25
$5.04
$1.99
Q2 25
$5.32
$1.34
Q1 25
$4.23
$1.99
Q4 24
$5.07
$1.56
Q3 24
$5.65
$3.01
Q2 24
$4.78
$2.15
Q1 24
$4.79
$1.74

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BLD
BLD
CIVI
CIVI
Cash + ST InvestmentsLiquidity on hand
$184.7M
$56.0M
Total DebtLower is stronger
$2.8B
$5.1B
Stockholders' EquityBook value
$2.3B
$6.7B
Total Assets
$6.6B
$15.1B
Debt / EquityLower = less leverage
1.23×
0.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLD
BLD
CIVI
CIVI
Q4 25
$184.7M
Q3 25
$1.1B
$56.0M
Q2 25
$842.5M
$69.0M
Q1 25
$308.8M
$20.0M
Q4 24
$400.3M
$76.0M
Q3 24
$257.3M
$47.1M
Q2 24
$463.2M
$91.9M
Q1 24
$968.8M
$52.1M
Total Debt
BLD
BLD
CIVI
CIVI
Q4 25
$2.8B
Q3 25
$2.9B
$5.1B
Q2 25
$1.9B
$5.4B
Q1 25
$1.4B
$5.1B
Q4 24
$1.4B
$4.5B
Q3 24
$1.4B
$4.8B
Q2 24
$1.4B
$4.9B
Q1 24
$1.4B
$4.4B
Stockholders' Equity
BLD
BLD
CIVI
CIVI
Q4 25
$2.3B
Q3 25
$2.2B
$6.7B
Q2 25
$2.1B
$6.8B
Q1 25
$2.1B
$6.7B
Q4 24
$2.2B
$6.6B
Q3 24
$2.1B
$6.7B
Q2 24
$2.4B
$6.6B
Q1 24
$2.7B
$6.6B
Total Assets
BLD
BLD
CIVI
CIVI
Q4 25
$6.6B
Q3 25
$6.4B
$15.1B
Q2 25
$5.1B
$15.4B
Q1 25
$4.6B
$15.3B
Q4 24
$4.7B
$14.9B
Q3 24
$4.7B
$15.0B
Q2 24
$4.9B
$15.0B
Q1 24
$5.3B
$15.1B
Debt / Equity
BLD
BLD
CIVI
CIVI
Q4 25
1.23×
Q3 25
1.29×
0.77×
Q2 25
0.88×
0.79×
Q1 25
0.65×
0.76×
Q4 24
0.62×
0.68×
Q3 24
0.66×
0.73×
Q2 24
0.59×
0.74×
Q1 24
0.52×
0.67×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BLD
BLD
CIVI
CIVI
Operating Cash FlowLast quarter
$176.7M
$860.0M
Free Cash FlowOCF − Capex
$159.4M
FCF MarginFCF / Revenue
10.7%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
1.69×
TTM Free Cash FlowTrailing 4 quarters
$696.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLD
BLD
CIVI
CIVI
Q4 25
$176.7M
Q3 25
$233.3M
$860.0M
Q2 25
$193.7M
$298.0M
Q1 25
$152.6M
$719.0M
Q4 24
$266.2M
$858.2M
Q3 24
$240.7M
$835.0M
Q2 24
$90.4M
$359.0M
Q1 24
$178.8M
$813.0M
Free Cash Flow
BLD
BLD
CIVI
CIVI
Q4 25
$159.4M
Q3 25
$216.2M
Q2 25
$182.2M
Q1 25
$139.2M
Q4 24
$253.7M
Q3 24
$219.8M
Q2 24
$74.3M
Q1 24
$158.9M
FCF Margin
BLD
BLD
CIVI
CIVI
Q4 25
10.7%
Q3 25
15.5%
Q2 25
14.0%
Q1 25
11.3%
Q4 24
19.3%
Q3 24
16.0%
Q2 24
5.4%
Q1 24
12.4%
Capex Intensity
BLD
BLD
CIVI
CIVI
Q4 25
1.2%
Q3 25
1.2%
Q2 25
0.9%
Q1 25
1.1%
Q4 24
1.0%
Q3 24
1.5%
Q2 24
1.2%
Q1 24
1.6%
Cash Conversion
BLD
BLD
CIVI
CIVI
Q4 25
1.69×
Q3 25
1.64×
Q2 25
1.28×
Q1 25
1.24×
Q4 24
1.77×
Q3 24
1.42×
Q2 24
0.60×
Q1 24
1.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BLD
BLD

Distribution Segment$755.4M51%
Residential$557.9M38%
All Other Products$91.9M6%
Glass And Windows$51.5M3%
Rain Gutters$27.1M2%

CIVI
CIVI

Crude Oil Natural Gas And Natural Gas Liquids$1.2B99%
Oil And Gas Operation And Maintenance$8.0M1%
Natural Gas Reserves$2.0M0%

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