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Side-by-side financial comparison of TopBuild Corp (BLD) and Invesco (IVZ). Click either name above to swap in a different company.
Invesco is the larger business by last-quarter revenue ($1.7B vs $1.5B, roughly 1.1× TopBuild Corp). TopBuild Corp runs the higher net margin — 7.0% vs -58.9%, a 65.9% gap on every dollar of revenue. On growth, TopBuild Corp posted the faster year-over-year revenue change (13.2% vs 6.2%). Invesco produced more free cash flow last quarter ($432.2M vs $159.4M). Over the past eight quarters, TopBuild Corp's revenue compounded faster (7.8% CAGR vs 7.1%).
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.
Invesco Ltd. is an American independent investment management company headquartered in Atlanta, Georgia, with branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.
BLD vs IVZ — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $1.7B |
| Net Profit | $104.5M | $-995.9M |
| Gross Margin | 27.2% | — |
| Operating Margin | 12.1% | -86.2% |
| Net Margin | 7.0% | -58.9% |
| Revenue YoY | 13.2% | 6.2% |
| Net Profit YoY | -30.6% | -575.8% |
| EPS (diluted) | $3.69 | $-2.61 |
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 | $1.7B | ||
| Q3 25 | $1.4B | $1.6B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $1.4B | $1.5B | ||
| Q2 24 | $1.4B | $1.5B | ||
| Q1 24 | $1.3B | $1.5B |
| Q4 25 | $104.5M | $-995.9M | ||
| Q3 25 | $142.2M | $356.4M | ||
| Q2 25 | $151.6M | $197.4M | ||
| Q1 25 | $123.4M | $171.1M | ||
| Q4 24 | $150.5M | $209.3M | ||
| Q3 24 | $169.0M | $55.0M | ||
| Q2 24 | $150.7M | $132.2M | ||
| Q1 24 | $152.4M | $141.5M |
| 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% | -86.2% | ||
| Q3 25 | 15.4% | 16.5% | ||
| Q2 25 | 16.9% | 14.1% | ||
| Q1 25 | 14.4% | 18.1% | ||
| Q4 24 | 16.6% | 19.6% | ||
| Q3 24 | 17.8% | 6.6% | ||
| Q2 24 | 15.4% | 13.9% | ||
| Q1 24 | 16.8% | 14.4% |
| Q4 25 | 7.0% | -58.9% | ||
| Q3 25 | 10.2% | 21.7% | ||
| Q2 25 | 11.7% | 13.0% | ||
| Q1 25 | 10.0% | 11.2% | ||
| Q4 24 | 11.5% | 13.1% | ||
| Q3 24 | 12.3% | 3.6% | ||
| Q2 24 | 11.0% | 8.9% | ||
| Q1 24 | 11.9% | 9.6% |
| Q4 25 | $3.69 | $-2.61 | ||
| Q3 25 | $5.04 | $0.66 | ||
| Q2 25 | $5.32 | $-0.03 | ||
| Q1 25 | $4.23 | $0.38 | ||
| Q4 24 | $5.07 | $0.46 | ||
| Q3 24 | $5.65 | $0.12 | ||
| Q2 24 | $4.78 | $0.29 | ||
| Q1 24 | $4.79 | $0.31 |
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 | $1.0B |
| Total DebtLower is stronger | $2.8B | $1.8B |
| Stockholders' EquityBook value | $2.3B | $12.2B |
| Total Assets | $6.6B | $27.1B |
| Debt / EquityLower = less leverage | 1.23× | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $184.7M | $1.0B | ||
| Q3 25 | $1.1B | $973.1M | ||
| Q2 25 | $842.5M | $922.7M | ||
| Q1 25 | $308.8M | $821.7M | ||
| Q4 24 | $400.3M | $986.5M | ||
| Q3 24 | $257.3M | $1.0B | ||
| Q2 24 | $463.2M | $878.5M | ||
| Q1 24 | $968.8M | $895.7M |
| Q4 25 | $2.8B | $1.8B | ||
| Q3 25 | $2.9B | $1.6B | ||
| Q2 25 | $1.9B | $1.9B | ||
| Q1 25 | $1.4B | $964.8M | ||
| Q4 24 | $1.4B | $890.6M | ||
| Q3 24 | $1.4B | $890.3M | ||
| Q2 24 | $1.4B | $890.1M | ||
| Q1 24 | $1.4B | $1.3B |
| Q4 25 | $2.3B | $12.2B | ||
| Q3 25 | $2.2B | $14.0B | ||
| Q2 25 | $2.1B | $13.9B | ||
| Q1 25 | $2.1B | $14.7B | ||
| Q4 24 | $2.2B | $14.6B | ||
| Q3 24 | $2.1B | $14.8B | ||
| Q2 24 | $2.4B | $14.6B | ||
| Q1 24 | $2.7B | $14.6B |
| Q4 25 | $6.6B | $27.1B | ||
| Q3 25 | $6.4B | $28.4B | ||
| Q2 25 | $5.1B | $28.5B | ||
| Q1 25 | $4.6B | $28.1B | ||
| Q4 24 | $4.7B | $27.0B | ||
| Q3 24 | $4.7B | $27.5B | ||
| Q2 24 | $4.9B | $27.2B | ||
| Q1 24 | $5.3B | $28.1B |
| Q4 25 | 1.23× | 0.15× | ||
| Q3 25 | 1.29× | 0.12× | ||
| Q2 25 | 0.88× | 0.14× | ||
| Q1 25 | 0.65× | 0.07× | ||
| Q4 24 | 0.62× | 0.06× | ||
| Q3 24 | 0.66× | 0.06× | ||
| Q2 24 | 0.59× | 0.06× | ||
| Q1 24 | 0.52× | 0.09× |
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 | $455.8M |
| Free Cash FlowOCF − Capex | $159.4M | $432.2M |
| FCF MarginFCF / Revenue | 10.7% | 25.5% |
| Capex IntensityCapex / Revenue | 1.2% | 1.4% |
| Cash ConversionOCF / Net Profit | 1.69× | — |
| TTM Free Cash FlowTrailing 4 quarters | $696.9M | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $176.7M | $455.8M | ||
| Q3 25 | $233.3M | $606.2M | ||
| Q2 25 | $193.7M | $547.9M | ||
| Q1 25 | $152.6M | $-84.6M | ||
| Q4 24 | $266.2M | $316.9M | ||
| Q3 24 | $240.7M | $438.4M | ||
| Q2 24 | $90.4M | $489.1M | ||
| Q1 24 | $178.8M | $-54.4M |
| Q4 25 | $159.4M | $432.2M | ||
| Q3 25 | $216.2M | $586.4M | ||
| Q2 25 | $182.2M | $530.4M | ||
| Q1 25 | $139.2M | $-108.0M | ||
| Q4 24 | $253.7M | $309.9M | ||
| Q3 24 | $219.8M | $410.0M | ||
| Q2 24 | $74.3M | $462.4M | ||
| Q1 24 | $158.9M | $-75.4M |
| Q4 25 | 10.7% | 25.5% | ||
| Q3 25 | 15.5% | 35.7% | ||
| Q2 25 | 14.0% | 35.0% | ||
| Q1 25 | 11.3% | -7.1% | ||
| Q4 24 | 19.3% | 19.5% | ||
| Q3 24 | 16.0% | 27.1% | ||
| Q2 24 | 5.4% | 31.2% | ||
| Q1 24 | 12.4% | -5.1% |
| Q4 25 | 1.2% | 1.4% | ||
| Q3 25 | 1.2% | 1.2% | ||
| Q2 25 | 0.9% | 1.2% | ||
| Q1 25 | 1.1% | 1.5% | ||
| Q4 24 | 1.0% | 0.4% | ||
| Q3 24 | 1.5% | 1.9% | ||
| Q2 24 | 1.2% | 1.8% | ||
| Q1 24 | 1.6% | 1.4% |
| Q4 25 | 1.69× | — | ||
| Q3 25 | 1.64× | 1.70× | ||
| Q2 25 | 1.28× | 2.78× | ||
| Q1 25 | 1.24× | -0.49× | ||
| Q4 24 | 1.77× | 1.51× | ||
| Q3 24 | 1.42× | 7.97× | ||
| Q2 24 | 0.60× | 3.70× | ||
| Q1 24 | 1.17× | -0.38× |
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% |
IVZ
| Investment Advice | $1.2B | 73% |
| Distribution And Shareholder Service | $382.7M | 23% |
| Financial Service Other | $51.0M | 3% |
| Investment Performance | $28.9M | 2% |
