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Side-by-side financial comparison of TopBuild Corp (BLD) and CVR ENERGY INC (CVI). Click either name above to swap in a different company.

CVR ENERGY INC is the larger business by last-quarter revenue ($2.0B vs $1.5B, roughly 1.3× TopBuild Corp). TopBuild Corp runs the higher net margin — 7.0% vs -8.1%, a 15.1% gap on every dollar of revenue. On growth, CVR ENERGY INC posted the faster year-over-year revenue change (20.3% vs 13.2%). TopBuild Corp produced more free cash flow last quarter ($159.4M vs $21.0M). Over the past eight quarters, TopBuild Corp's revenue compounded faster (7.8% CAGR vs 0.3%).

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.

CVR Energy Inc is a United States-based energy holding company operating two core segments: petroleum refining and nitrogen fertilizer manufacturing. It produces a wide range of products including gasoline, diesel, jet fuel, and agricultural fertilizers, primarily serving commercial, industrial and agricultural customers across North America.

BLD vs CVI — Head-to-Head

Bigger by revenue
CVI
CVI
1.3× larger
CVI
$2.0B
$1.5B
BLD
Growing faster (revenue YoY)
CVI
CVI
+7.1% gap
CVI
20.3%
13.2%
BLD
Higher net margin
BLD
BLD
15.1% more per $
BLD
7.0%
-8.1%
CVI
More free cash flow
BLD
BLD
$138.4M more FCF
BLD
$159.4M
$21.0M
CVI
Faster 2-yr revenue CAGR
BLD
BLD
Annualised
BLD
7.8%
0.3%
CVI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BLD
BLD
CVI
CVI
Revenue
$1.5B
$2.0B
Net Profit
$104.5M
$-160.0M
Gross Margin
27.2%
-5.2%
Operating Margin
12.1%
Net Margin
7.0%
-8.1%
Revenue YoY
13.2%
20.3%
Net Profit YoY
-30.6%
-56.1%
EPS (diluted)
$3.69
$-1.91

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
CVI
CVI
Q1 26
$2.0B
Q4 25
$1.5B
$1.8B
Q3 25
$1.4B
$1.9B
Q2 25
$1.3B
$1.8B
Q1 25
$1.2B
$1.6B
Q4 24
$1.3B
$1.9B
Q3 24
$1.4B
$1.8B
Q2 24
$1.4B
$2.0B
Net Profit
BLD
BLD
CVI
CVI
Q1 26
$-160.0M
Q4 25
$104.5M
$-110.0M
Q3 25
$142.2M
$374.0M
Q2 25
$151.6M
$-114.0M
Q1 25
$123.4M
$-123.0M
Q4 24
$150.5M
$28.0M
Q3 24
$169.0M
$-124.0M
Q2 24
$150.7M
$21.0M
Gross Margin
BLD
BLD
CVI
CVI
Q1 26
-5.2%
Q4 25
27.2%
-3.1%
Q3 25
30.1%
28.8%
Q2 25
30.4%
-3.7%
Q1 25
28.5%
-5.5%
Q4 24
29.9%
3.0%
Q3 24
30.7%
-3.9%
Q2 24
31.0%
2.9%
Operating Margin
BLD
BLD
CVI
CVI
Q1 26
Q4 25
12.1%
-5.3%
Q3 25
15.4%
26.3%
Q2 25
16.9%
-5.8%
Q1 25
14.4%
-8.0%
Q4 24
16.6%
1.1%
Q3 24
17.8%
-6.2%
Q2 24
15.4%
1.4%
Net Margin
BLD
BLD
CVI
CVI
Q1 26
-8.1%
Q4 25
7.0%
-6.1%
Q3 25
10.2%
19.2%
Q2 25
11.7%
-6.5%
Q1 25
10.0%
-7.5%
Q4 24
11.5%
1.4%
Q3 24
12.3%
-6.8%
Q2 24
11.0%
1.1%
EPS (diluted)
BLD
BLD
CVI
CVI
Q1 26
$-1.91
Q4 25
$3.69
$-1.09
Q3 25
$5.04
$3.72
Q2 25
$5.32
$-1.14
Q1 25
$4.23
$-1.22
Q4 24
$5.07
$0.28
Q3 24
$5.65
$-1.24
Q2 24
$4.78
$0.21

Balance Sheet & Financial Strength

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

Metric
BLD
BLD
CVI
CVI
Cash + ST InvestmentsLiquidity on hand
$184.7M
$512.0M
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$2.3B
Total Assets
$6.6B
$3.9B
Debt / EquityLower = less leverage
1.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLD
BLD
CVI
CVI
Q1 26
$512.0M
Q4 25
$184.7M
$511.0M
Q3 25
$1.1B
$670.0M
Q2 25
$842.5M
$596.0M
Q1 25
$308.8M
$695.0M
Q4 24
$400.3M
$987.0M
Q3 24
$257.3M
$534.0M
Q2 24
$463.2M
$586.0M
Total Debt
BLD
BLD
CVI
CVI
Q1 26
Q4 25
$2.8B
$1.8B
Q3 25
$2.9B
$1.8B
Q2 25
$1.9B
$1.8B
Q1 25
$1.4B
$1.9B
Q4 24
$1.4B
$1.9B
Q3 24
$1.4B
$1.6B
Q2 24
$1.4B
$1.6B
Stockholders' Equity
BLD
BLD
CVI
CVI
Q1 26
Q4 25
$2.3B
$730.0M
Q3 25
$2.2B
$840.0M
Q2 25
$2.1B
$466.0M
Q1 25
$2.1B
$580.0M
Q4 24
$2.2B
$703.0M
Q3 24
$2.1B
$675.0M
Q2 24
$2.4B
$849.0M
Total Assets
BLD
BLD
CVI
CVI
Q1 26
$3.9B
Q4 25
$6.6B
$3.7B
Q3 25
$6.4B
$4.0B
Q2 25
$5.1B
$4.0B
Q1 25
$4.6B
$4.3B
Q4 24
$4.7B
$4.3B
Q3 24
$4.7B
$3.9B
Q2 24
$4.9B
$4.0B
Debt / Equity
BLD
BLD
CVI
CVI
Q1 26
Q4 25
1.23×
2.40×
Q3 25
1.29×
2.17×
Q2 25
0.88×
3.97×
Q1 25
0.65×
3.29×
Q4 24
0.62×
2.71×
Q3 24
0.66×
2.33×
Q2 24
0.59×
1.86×

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
CVI
CVI
Operating Cash FlowLast quarter
$176.7M
Free Cash FlowOCF − Capex
$159.4M
$21.0M
FCF MarginFCF / Revenue
10.7%
1.1%
Capex IntensityCapex / Revenue
1.2%
1.5%
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
CVI
CVI
Q1 26
Q4 25
$176.7M
$0
Q3 25
$233.3M
$163.0M
Q2 25
$193.7M
$176.0M
Q1 25
$152.6M
$-195.0M
Q4 24
$266.2M
$98.0M
Q3 24
$240.7M
$48.0M
Q2 24
$90.4M
$81.0M
Free Cash Flow
BLD
BLD
CVI
CVI
Q1 26
$21.0M
Q4 25
$159.4M
Q3 25
$216.2M
$125.0M
Q2 25
$182.2M
$135.0M
Q1 25
$139.2M
$-246.0M
Q4 24
$253.7M
$43.0M
Q3 24
$219.8M
$14.0M
Q2 24
$74.3M
$38.0M
FCF Margin
BLD
BLD
CVI
CVI
Q1 26
1.1%
Q4 25
10.7%
Q3 25
15.5%
6.4%
Q2 25
14.0%
7.7%
Q1 25
11.3%
-14.9%
Q4 24
19.3%
2.2%
Q3 24
16.0%
0.8%
Q2 24
5.4%
1.9%
Capex Intensity
BLD
BLD
CVI
CVI
Q1 26
1.5%
Q4 25
1.2%
3.0%
Q3 25
1.2%
2.0%
Q2 25
0.9%
2.3%
Q1 25
1.1%
3.1%
Q4 24
1.0%
2.8%
Q3 24
1.5%
1.9%
Q2 24
1.2%
2.2%
Cash Conversion
BLD
BLD
CVI
CVI
Q1 26
Q4 25
1.69×
Q3 25
1.64×
0.44×
Q2 25
1.28×
Q1 25
1.24×
Q4 24
1.77×
3.50×
Q3 24
1.42×
Q2 24
0.60×
3.86×

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%

CVI
CVI

Segment breakdown not available.

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