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Side-by-side financial comparison of TopBuild Corp (BLD) and Core Natural Resources, Inc. (CNR). Click either name above to swap in a different company.
TopBuild Corp is the larger business by last-quarter revenue ($1.5B vs $1.0B, roughly 1.4× Core Natural Resources, Inc.). TopBuild Corp runs the higher net margin — 7.0% vs -7.6%, a 14.6% gap on every dollar of revenue. On growth, Core Natural Resources, Inc. posted the faster year-over-year revenue change (81.8% vs 13.2%). TopBuild Corp produced more free cash flow last quarter ($159.4M vs $26.0M). Over the past eight quarters, Core Natural Resources, Inc.'s revenue compounded faster (38.1% CAGR vs 7.8%).
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.
Arch Resources, previously known as Arch Coal, was an American coal mining and processing company. The company mined, processed, and marketed bituminous and sub-bituminous coal with low sulfur content in the United States. Arch Resources was the second-largest supplier of coal in the United States, behind Peabody Energy. As of 2011 the company supplied 15% of the domestic market. Demand came mainly from generators of electricity.
BLD vs CNR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $1.0B |
| Net Profit | $104.5M | $-79.0M |
| Gross Margin | 27.2% | — |
| Operating Margin | 12.1% | -9.3% |
| Net Margin | 7.0% | -7.6% |
| Revenue YoY | 13.2% | 81.8% |
| Net Profit YoY | -30.6% | -356.3% |
| EPS (diluted) | $3.69 | $-1.51 |
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.
| Q4 25 | $1.5B | $1.0B | ||
| Q3 25 | $1.4B | $1.0B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.3B | $573.6M | ||
| Q3 24 | $1.4B | $553.4M | ||
| Q2 24 | $1.4B | $490.7M | ||
| Q1 24 | $1.3B | $546.7M |
| Q4 25 | $104.5M | $-79.0M | ||
| Q3 25 | $142.2M | $31.6M | ||
| Q2 25 | $151.6M | $-36.6M | ||
| Q1 25 | $123.4M | $-69.3M | ||
| Q4 24 | $150.5M | $30.8M | ||
| Q3 24 | $169.0M | $95.6M | ||
| Q2 24 | $150.7M | $58.1M | ||
| Q1 24 | $152.4M | $101.9M |
| 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% | — |
| Q4 25 | 12.1% | -9.3% | ||
| Q3 25 | 15.4% | -1.2% | ||
| Q2 25 | 16.9% | -1.7% | ||
| Q1 25 | 14.4% | -5.3% | ||
| Q4 24 | 16.6% | 6.6% | ||
| Q3 24 | 17.8% | 21.2% | ||
| Q2 24 | 15.4% | 14.6% | ||
| Q1 24 | 16.8% | 22.7% |
| Q4 25 | 7.0% | -7.6% | ||
| Q3 25 | 10.2% | 3.2% | ||
| Q2 25 | 11.7% | -3.3% | ||
| Q1 25 | 10.0% | -6.8% | ||
| Q4 24 | 11.5% | 5.4% | ||
| Q3 24 | 12.3% | 17.3% | ||
| Q2 24 | 11.0% | 11.8% | ||
| Q1 24 | 11.9% | 18.6% |
| Q4 25 | $3.69 | $-1.51 | ||
| Q3 25 | $5.04 | $0.61 | ||
| Q2 25 | $5.32 | $-0.70 | ||
| Q1 25 | $4.23 | $-1.38 | ||
| Q4 24 | $5.07 | $1.04 | ||
| Q3 24 | $5.65 | $3.22 | ||
| Q2 24 | $4.78 | $1.96 | ||
| Q1 24 | $4.79 | $3.39 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $184.7M | $432.2M |
| Total DebtLower is stronger | $2.8B | $354.2M |
| Stockholders' EquityBook value | $2.3B | $3.7B |
| Total Assets | $6.6B | $6.1B |
| Debt / EquityLower = less leverage | 1.23× | 0.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $184.7M | $432.2M | ||
| Q3 25 | $1.1B | $444.7M | ||
| Q2 25 | $842.5M | $413.2M | ||
| Q1 25 | $308.8M | $388.5M | ||
| Q4 24 | $400.3M | $460.2M | ||
| Q3 24 | $257.3M | $331.7M | ||
| Q2 24 | $463.2M | $216.1M | ||
| Q1 24 | $968.8M | $172.6M |
| Q4 25 | $2.8B | $354.2M | ||
| Q3 25 | $2.9B | $334.5M | ||
| Q2 25 | $1.9B | $334.0M | ||
| Q1 25 | $1.4B | $329.8M | ||
| Q4 24 | $1.4B | $94.8M | ||
| Q3 24 | $1.4B | $83.7M | ||
| Q2 24 | $1.4B | $184.9M | ||
| Q1 24 | $1.4B | $185.5M |
| Q4 25 | $2.3B | $3.7B | ||
| Q3 25 | $2.2B | $3.8B | ||
| Q2 25 | $2.1B | $3.8B | ||
| Q1 25 | $2.1B | $3.9B | ||
| Q4 24 | $2.2B | $1.6B | ||
| Q3 24 | $2.1B | $1.5B | ||
| Q2 24 | $2.4B | $1.4B | ||
| Q1 24 | $2.7B | $1.4B |
| Q4 25 | $6.6B | $6.1B | ||
| Q3 25 | $6.4B | $6.2B | ||
| Q2 25 | $5.1B | $6.2B | ||
| Q1 25 | $4.6B | $6.3B | ||
| Q4 24 | $4.7B | $2.9B | ||
| Q3 24 | $4.7B | $2.8B | ||
| Q2 24 | $4.9B | $2.7B | ||
| Q1 24 | $5.3B | $2.7B |
| Q4 25 | 1.23× | 0.10× | ||
| Q3 25 | 1.29× | 0.09× | ||
| Q2 25 | 0.88× | 0.09× | ||
| Q1 25 | 0.65× | 0.08× | ||
| Q4 24 | 0.62× | 0.06× | ||
| Q3 24 | 0.66× | 0.05× | ||
| Q2 24 | 0.59× | 0.13× | ||
| Q1 24 | 0.52× | 0.13× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $176.7M | $107.3M |
| Free Cash FlowOCF − Capex | $159.4M | $26.0M |
| FCF MarginFCF / Revenue | 10.7% | 2.5% |
| Capex IntensityCapex / Revenue | 1.2% | 7.8% |
| Cash ConversionOCF / Net Profit | 1.69× | — |
| TTM Free Cash FlowTrailing 4 quarters | $696.9M | $21.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $176.7M | $107.3M | ||
| Q3 25 | $233.3M | $87.9M | ||
| Q2 25 | $193.7M | $220.2M | ||
| Q1 25 | $152.6M | $-109.6M | ||
| Q4 24 | $266.2M | $121.3M | ||
| Q3 24 | $240.7M | $161.3M | ||
| Q2 24 | $90.4M | $116.3M | ||
| Q1 24 | $178.8M | $77.5M |
| Q4 25 | $159.4M | $26.0M | ||
| Q3 25 | $216.2M | $38.6M | ||
| Q2 25 | $182.2M | $131.0M | ||
| Q1 25 | $139.2M | $-174.5M | ||
| Q4 24 | $253.7M | $80.5M | ||
| Q3 24 | $219.8M | $121.9M | ||
| Q2 24 | $74.3M | $60.9M | ||
| Q1 24 | $158.9M | $35.1M |
| Q4 25 | 10.7% | 2.5% | ||
| Q3 25 | 15.5% | 3.9% | ||
| Q2 25 | 14.0% | 11.9% | ||
| Q1 25 | 11.3% | -17.1% | ||
| Q4 24 | 19.3% | 14.0% | ||
| Q3 24 | 16.0% | 22.0% | ||
| Q2 24 | 5.4% | 12.4% | ||
| Q1 24 | 12.4% | 6.4% |
| Q4 25 | 1.2% | 7.8% | ||
| Q3 25 | 1.2% | 4.9% | ||
| Q2 25 | 0.9% | 8.1% | ||
| Q1 25 | 1.1% | 6.4% | ||
| Q4 24 | 1.0% | 7.1% | ||
| Q3 24 | 1.5% | 7.1% | ||
| Q2 24 | 1.2% | 11.3% | ||
| Q1 24 | 1.6% | 7.7% |
| Q4 25 | 1.69× | — | ||
| Q3 25 | 1.64× | 2.78× | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 1.77× | 3.94× | ||
| Q3 24 | 1.42× | 1.69× | ||
| Q2 24 | 0.60× | 2.00× | ||
| Q1 24 | 1.17× | 0.76× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BLD
| Distribution Segment | $755.4M | 51% |
| Residential | $557.9M | 38% |
| All Other Products | $91.9M | 6% |
| Glass And Windows | $51.5M | 3% |
| Rain Gutters | $27.1M | 2% |
CNR
| Other | $397.4M | 38% |
| Power Generation | $376.5M | 36% |
| PRB | $183.0M | 18% |
| Metallurgical | $42.0M | 4% |
| Industrial | $34.1M | 3% |
| Terminal Revenue | $6.4M | 1% |
| Other Revenue | $3.0M | 0% |
