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Side-by-side financial comparison of TopBuild Corp (BLD) and Life Time Group Holdings, Inc. (LTH). Click either name above to swap in a different company.
TopBuild Corp is the larger business by last-quarter revenue ($1.5B vs $745.1M, roughly 2.0× Life Time Group Holdings, Inc.). Life Time Group Holdings, Inc. runs the higher net margin — 16.5% vs 7.0%, a 9.5% gap on every dollar of revenue. On growth, TopBuild Corp posted the faster year-over-year revenue change (13.2% vs 12.3%). TopBuild Corp produced more free cash flow last quarter ($159.4M vs $-64.6M). Over the past eight quarters, Life Time Group Holdings, Inc.'s revenue compounded faster (11.7% 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.
Life Time Group Holdings, Inc. operates a network of premium athletic, fitness and wellness destinations across the United States. It offers diverse services including state-of-the-art gym facilities, group exercise classes, personal training, spa treatments, nutrition coaching, youth programs and co-working spaces for consumers pursuing holistic healthy lifestyles.
BLD vs LTH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.5B | $745.1M |
| Net Profit | $104.5M | $123.0M |
| Gross Margin | 27.2% | 49.1% |
| Operating Margin | 12.1% | 17.4% |
| Net Margin | 7.0% | 16.5% |
| Revenue YoY | 13.2% | 12.3% |
| Net Profit YoY | -30.6% | 231.0% |
| EPS (diluted) | $3.69 | $0.55 |
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 | $745.1M | ||
| Q3 25 | $1.4B | $782.6M | ||
| Q2 25 | $1.3B | $761.5M | ||
| Q1 25 | $1.2B | $706.0M | ||
| Q4 24 | $1.3B | $663.3M | ||
| Q3 24 | $1.4B | $693.2M | ||
| Q2 24 | $1.4B | $667.8M | ||
| Q1 24 | $1.3B | $596.7M |
| Q4 25 | $104.5M | $123.0M | ||
| Q3 25 | $142.2M | $102.4M | ||
| Q2 25 | $151.6M | $72.1M | ||
| Q1 25 | $123.4M | $76.1M | ||
| Q4 24 | $150.5M | $37.2M | ||
| Q3 24 | $169.0M | $41.4M | ||
| Q2 24 | $150.7M | $52.8M | ||
| Q1 24 | $152.4M | $24.9M |
| Q4 25 | 27.2% | 49.1% | ||
| Q3 25 | 30.1% | 47.1% | ||
| Q2 25 | 30.4% | 47.0% | ||
| Q1 25 | 28.5% | 47.5% | ||
| Q4 24 | 29.9% | 48.2% | ||
| Q3 24 | 30.7% | 46.5% | ||
| Q2 24 | 31.0% | 46.8% | ||
| Q1 24 | 30.3% | 46.1% |
| Q4 25 | 12.1% | 17.4% | ||
| Q3 25 | 15.4% | 17.3% | ||
| Q2 25 | 16.9% | 14.2% | ||
| Q1 25 | 14.4% | 15.2% | ||
| Q4 24 | 16.6% | 13.1% | ||
| Q3 24 | 17.8% | 13.5% | ||
| Q2 24 | 15.4% | 15.7% | ||
| Q1 24 | 16.8% | 12.1% |
| Q4 25 | 7.0% | 16.5% | ||
| Q3 25 | 10.2% | 13.1% | ||
| Q2 25 | 11.7% | 9.5% | ||
| Q1 25 | 10.0% | 10.8% | ||
| Q4 24 | 11.5% | 5.6% | ||
| Q3 24 | 12.3% | 6.0% | ||
| Q2 24 | 11.0% | 7.9% | ||
| Q1 24 | 11.9% | 4.2% |
| Q4 25 | $3.69 | $0.55 | ||
| Q3 25 | $5.04 | $0.45 | ||
| Q2 25 | $5.32 | $0.32 | ||
| Q1 25 | $4.23 | $0.34 | ||
| Q4 24 | $5.07 | $0.17 | ||
| Q3 24 | $5.65 | $0.19 | ||
| Q2 24 | $4.78 | $0.26 | ||
| Q1 24 | $4.79 | $0.12 |
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 | $204.8M |
| Total DebtLower is stronger | $2.8B | $1.5B |
| Stockholders' EquityBook value | $2.3B | $3.1B |
| Total Assets | $6.6B | $8.0B |
| Debt / EquityLower = less leverage | 1.23× | 0.48× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $184.7M | $204.8M | ||
| Q3 25 | $1.1B | $218.9M | ||
| Q2 25 | $842.5M | $175.5M | ||
| Q1 25 | $308.8M | $59.0M | ||
| Q4 24 | $400.3M | $10.9M | ||
| Q3 24 | $257.3M | $120.9M | ||
| Q2 24 | $463.2M | $34.5M | ||
| Q1 24 | $968.8M | $18.6M |
| Q4 25 | $2.8B | $1.5B | ||
| Q3 25 | $2.9B | $1.5B | ||
| Q2 25 | $1.9B | $1.5B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.4B | $1.5B | ||
| Q3 24 | $1.4B | $1.7B | ||
| Q2 24 | $1.4B | $1.8B | ||
| Q1 24 | $1.4B | $2.0B |
| Q4 25 | $2.3B | $3.1B | ||
| Q3 25 | $2.2B | $3.0B | ||
| Q2 25 | $2.1B | $2.9B | ||
| Q1 25 | $2.1B | $2.7B | ||
| Q4 24 | $2.2B | $2.6B | ||
| Q3 24 | $2.1B | $2.6B | ||
| Q2 24 | $2.4B | $2.4B | ||
| Q1 24 | $2.7B | $2.3B |
| Q4 25 | $6.6B | $8.0B | ||
| Q3 25 | $6.4B | $7.8B | ||
| Q2 25 | $5.1B | $7.6B | ||
| Q1 25 | $4.6B | $7.3B | ||
| Q4 24 | $4.7B | $7.2B | ||
| Q3 24 | $4.7B | $7.2B | ||
| Q2 24 | $4.9B | $7.1B | ||
| Q1 24 | $5.3B | $7.1B |
| Q4 25 | 1.23× | 0.48× | ||
| Q3 25 | 1.29× | 0.51× | ||
| Q2 25 | 0.88× | 0.53× | ||
| Q1 25 | 0.65× | 0.56× | ||
| Q4 24 | 0.62× | 0.59× | ||
| Q3 24 | 0.66× | 0.64× | ||
| Q2 24 | 0.59× | 0.78× | ||
| Q1 24 | 0.52× | 0.87× |
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 | $239.9M |
| Free Cash FlowOCF − Capex | $159.4M | $-64.6M |
| FCF MarginFCF / Revenue | 10.7% | -8.7% |
| Capex IntensityCapex / Revenue | 1.2% | 40.9% |
| Cash ConversionOCF / Net Profit | 1.69× | 1.95× |
| TTM Free Cash FlowTrailing 4 quarters | $696.9M | $-21.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $176.7M | $239.9M | ||
| Q3 25 | $233.3M | $251.1M | ||
| Q2 25 | $193.7M | $195.7M | ||
| Q1 25 | $152.6M | $183.9M | ||
| Q4 24 | $266.2M | $163.1M | ||
| Q3 24 | $240.7M | $151.1M | ||
| Q2 24 | $90.4M | $170.4M | ||
| Q1 24 | $178.8M | $90.4M |
| Q4 25 | $159.4M | $-64.6M | ||
| Q3 25 | $216.2M | $28.6M | ||
| Q2 25 | $182.2M | $-26.3M | ||
| Q1 25 | $139.2M | $41.4M | ||
| Q4 24 | $253.7M | $26.8M | ||
| Q3 24 | $219.8M | $64.0M | ||
| Q2 24 | $74.3M | $26.1M | ||
| Q1 24 | $158.9M | $-66.4M |
| Q4 25 | 10.7% | -8.7% | ||
| Q3 25 | 15.5% | 3.7% | ||
| Q2 25 | 14.0% | -3.5% | ||
| Q1 25 | 11.3% | 5.9% | ||
| Q4 24 | 19.3% | 4.0% | ||
| Q3 24 | 16.0% | 9.2% | ||
| Q2 24 | 5.4% | 3.9% | ||
| Q1 24 | 12.4% | -11.1% |
| Q4 25 | 1.2% | 40.9% | ||
| Q3 25 | 1.2% | 28.4% | ||
| Q2 25 | 0.9% | 29.2% | ||
| Q1 25 | 1.1% | 20.2% | ||
| Q4 24 | 1.0% | 20.6% | ||
| Q3 24 | 1.5% | 12.6% | ||
| Q2 24 | 1.2% | 21.6% | ||
| Q1 24 | 1.6% | 26.3% |
| Q4 25 | 1.69× | 1.95× | ||
| Q3 25 | 1.64× | 2.45× | ||
| Q2 25 | 1.28× | 2.71× | ||
| Q1 25 | 1.24× | 2.41× | ||
| Q4 24 | 1.77× | 4.39× | ||
| Q3 24 | 1.42× | 3.65× | ||
| Q2 24 | 0.60× | 3.23× | ||
| Q1 24 | 1.17× | 3.63× |
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% |
LTH
| Membership | $535.1M | 72% |
| In Center | $191.2M | 26% |
| Other | $18.8M | 3% |