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Side-by-side financial comparison of TopBuild Corp (BLD) and Sinclair, Inc. (SBGI). Click either name above to swap in a different company.
TopBuild Corp is the larger business by last-quarter revenue ($1.5B vs $836.0M, roughly 1.8× Sinclair, Inc.). Sinclair, Inc. runs the higher net margin — 13.0% vs 7.0%, a 6.0% gap on every dollar of revenue. On growth, TopBuild Corp posted the faster year-over-year revenue change (13.2% vs -16.7%). TopBuild Corp produced more free cash flow last quarter ($159.4M vs $79.0M). Over the past eight quarters, TopBuild Corp's revenue compounded faster (7.8% CAGR vs 2.4%).
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.
Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations after Nexstar Media Group, owning or operating 193 stations across the country in over 100 markets, covering 40% of American ...
BLD vs SBGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.5B | $836.0M |
| Net Profit | $104.5M | $109.0M |
| Gross Margin | 27.2% | — |
| Operating Margin | 12.1% | 9.6% |
| Net Margin | 7.0% | 13.0% |
| Revenue YoY | 13.2% | -16.7% |
| Net Profit YoY | -30.6% | -38.1% |
| EPS (diluted) | $3.69 | $1.62 |
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 | $836.0M | ||
| Q3 25 | $1.4B | $773.0M | ||
| Q2 25 | $1.3B | $784.0M | ||
| Q1 25 | $1.2B | $776.0M | ||
| Q4 24 | $1.3B | $1.0B | ||
| Q3 24 | $1.4B | $917.0M | ||
| Q2 24 | $1.4B | $829.0M | ||
| Q1 24 | $1.3B | $798.0M |
| Q4 25 | $104.5M | $109.0M | ||
| Q3 25 | $142.2M | $-1.0M | ||
| Q2 25 | $151.6M | $-64.0M | ||
| Q1 25 | $123.4M | $-156.0M | ||
| Q4 24 | $150.5M | $176.0M | ||
| Q3 24 | $169.0M | $94.0M | ||
| Q2 24 | $150.7M | $17.0M | ||
| Q1 24 | $152.4M | $23.0M |
| 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% | 9.6% | ||
| Q3 25 | 15.4% | 7.5% | ||
| Q2 25 | 16.9% | 2.7% | ||
| Q1 25 | 14.4% | 1.8% | ||
| Q4 24 | 16.6% | 26.5% | ||
| Q3 24 | 17.8% | 19.5% | ||
| Q2 24 | 15.4% | 7.7% | ||
| Q1 24 | 16.8% | 5.3% |
| Q4 25 | 7.0% | 13.0% | ||
| Q3 25 | 10.2% | -0.1% | ||
| Q2 25 | 11.7% | -8.2% | ||
| Q1 25 | 10.0% | -20.1% | ||
| Q4 24 | 11.5% | 17.5% | ||
| Q3 24 | 12.3% | 10.3% | ||
| Q2 24 | 11.0% | 2.1% | ||
| Q1 24 | 11.9% | 2.9% |
| Q4 25 | $3.69 | $1.62 | ||
| Q3 25 | $5.04 | $-0.02 | ||
| Q2 25 | $5.32 | $-0.91 | ||
| Q1 25 | $4.23 | $-2.30 | ||
| Q4 24 | $5.07 | $2.64 | ||
| Q3 24 | $5.65 | $1.43 | ||
| Q2 24 | $4.78 | $0.27 | ||
| Q1 24 | $4.79 | $0.35 |
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 | $866.0M |
| Total DebtLower is stronger | $2.8B | $4.4B |
| Stockholders' EquityBook value | $2.3B | $443.0M |
| Total Assets | $6.6B | $5.9B |
| Debt / EquityLower = less leverage | 1.23× | 9.84× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $184.7M | $866.0M | ||
| Q3 25 | $1.1B | $526.0M | ||
| Q2 25 | $842.5M | $616.0M | ||
| Q1 25 | $308.8M | $631.0M | ||
| Q4 24 | $400.3M | $697.0M | ||
| Q3 24 | $257.3M | $536.0M | ||
| Q2 24 | $463.2M | $378.0M | ||
| Q1 24 | $968.8M | $655.0M |
| Q4 25 | $2.8B | $4.4B | ||
| Q3 25 | $2.9B | $4.1B | ||
| Q2 25 | $1.9B | $4.1B | ||
| Q1 25 | $1.4B | $4.2B | ||
| Q4 24 | $1.4B | $4.1B | ||
| Q3 24 | $1.4B | $4.1B | ||
| Q2 24 | $1.4B | $4.1B | ||
| Q1 24 | $1.4B | $4.1B |
| Q4 25 | $2.3B | $443.0M | ||
| Q3 25 | $2.2B | $347.0M | ||
| Q2 25 | $2.1B | $361.0M | ||
| Q1 25 | $2.1B | $436.0M | ||
| Q4 24 | $2.2B | $583.0M | ||
| Q3 24 | $2.1B | $415.0M | ||
| Q2 24 | $2.4B | $340.0M | ||
| Q1 24 | $2.7B | $333.0M |
| Q4 25 | $6.6B | $5.9B | ||
| Q3 25 | $6.4B | $5.6B | ||
| Q2 25 | $5.1B | $5.7B | ||
| Q1 25 | $4.6B | $5.8B | ||
| Q4 24 | $4.7B | $5.9B | ||
| Q3 24 | $4.7B | $5.8B | ||
| Q2 24 | $4.9B | $5.7B | ||
| Q1 24 | $5.3B | $6.0B |
| Q4 25 | 1.23× | 9.84× | ||
| Q3 25 | 1.29× | 11.75× | ||
| Q2 25 | 0.88× | 11.30× | ||
| Q1 25 | 0.65× | 9.56× | ||
| Q4 24 | 0.62× | 7.02× | ||
| Q3 24 | 0.66× | 9.86× | ||
| Q2 24 | 0.59× | 12.08× | ||
| Q1 24 | 0.52× | 12.35× |
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 | $98.0M |
| Free Cash FlowOCF − Capex | $159.4M | $79.0M |
| FCF MarginFCF / Revenue | 10.7% | 9.4% |
| Capex IntensityCapex / Revenue | 1.2% | 2.3% |
| Cash ConversionOCF / Net Profit | 1.69× | 0.90× |
| TTM Free Cash FlowTrailing 4 quarters | $696.9M | $115.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $176.7M | $98.0M | ||
| Q3 25 | $233.3M | $-36.0M | ||
| Q2 25 | $193.7M | $122.0M | ||
| Q1 25 | $152.6M | $5.0M | ||
| Q4 24 | $266.2M | $198.0M | ||
| Q3 24 | $240.7M | $210.0M | ||
| Q2 24 | $90.4M | $-306.0M | ||
| Q1 24 | $178.8M | $-4.0M |
| Q4 25 | $159.4M | $79.0M | ||
| Q3 25 | $216.2M | $-58.0M | ||
| Q2 25 | $182.2M | $105.0M | ||
| Q1 25 | $139.2M | $-11.0M | ||
| Q4 24 | $253.7M | $175.0M | ||
| Q3 24 | $219.8M | $193.0M | ||
| Q2 24 | $74.3M | $-329.0M | ||
| Q1 24 | $158.9M | $-25.0M |
| Q4 25 | 10.7% | 9.4% | ||
| Q3 25 | 15.5% | -7.5% | ||
| Q2 25 | 14.0% | 13.4% | ||
| Q1 25 | 11.3% | -1.4% | ||
| Q4 24 | 19.3% | 17.4% | ||
| Q3 24 | 16.0% | 21.0% | ||
| Q2 24 | 5.4% | -39.7% | ||
| Q1 24 | 12.4% | -3.1% |
| Q4 25 | 1.2% | 2.3% | ||
| Q3 25 | 1.2% | 2.8% | ||
| Q2 25 | 0.9% | 2.2% | ||
| Q1 25 | 1.1% | 2.1% | ||
| Q4 24 | 1.0% | 2.3% | ||
| Q3 24 | 1.5% | 1.9% | ||
| Q2 24 | 1.2% | 2.8% | ||
| Q1 24 | 1.6% | 2.6% |
| Q4 25 | 1.69× | 0.90× | ||
| Q3 25 | 1.64× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 1.77× | 1.13× | ||
| Q3 24 | 1.42× | 2.23× | ||
| Q2 24 | 0.60× | -18.00× | ||
| Q1 24 | 1.17× | -0.17× |
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% |
SBGI
| Distribution Revenue | $384.0M | 46% |
| Core Advertising Revenue | $312.0M | 37% |
| Tennis Segment | $62.0M | 7% |
| Other | $40.0M | 5% |
| Other Media Non Media Revenuesand Intercompany Revenues | $24.0M | 3% |
| Political Advertising Revenue | $14.0M | 2% |