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Side-by-side financial comparison of TopBuild Corp (BLD) and SiriusPoint Ltd (SPNT). Click either name above to swap in a different company.

TopBuild Corp is the larger business by last-quarter revenue ($1.5B vs $973.7M, roughly 1.5× SiriusPoint Ltd). SiriusPoint Ltd runs the higher net margin — 25.1% vs 7.0%, a 18.0% gap on every dollar of revenue. On growth, SiriusPoint Ltd posted the faster year-over-year revenue change (58.9% vs 13.2%). Over the past eight quarters, SiriusPoint Ltd's revenue compounded faster (19.2% 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.

SiriusPoint Ltd is a global specialty insurance and reinsurance provider based in Pembroke, Bermuda. It offers property, casualty, specialty line coverages and alternative capital solutions, serving commercial clients and risk carriers across North America, Europe, Asia Pacific and other key markets, focusing on rigorous underwriting and stable risk-adjusted returns.

BLD vs SPNT — Head-to-Head

Bigger by revenue
BLD
BLD
1.5× larger
BLD
$1.5B
$973.7M
SPNT
Growing faster (revenue YoY)
SPNT
SPNT
+45.7% gap
SPNT
58.9%
13.2%
BLD
Higher net margin
SPNT
SPNT
18.0% more per $
SPNT
25.1%
7.0%
BLD
Faster 2-yr revenue CAGR
SPNT
SPNT
Annualised
SPNT
19.2%
7.8%
BLD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BLD
BLD
SPNT
SPNT
Revenue
$1.5B
$973.7M
Net Profit
$104.5M
$244.1M
Gross Margin
27.2%
Operating Margin
12.1%
28.8%
Net Margin
7.0%
25.1%
Revenue YoY
13.2%
58.9%
Net Profit YoY
-30.6%
1535.9%
EPS (diluted)
$3.69
$1.92

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
SPNT
SPNT
Q4 25
$1.5B
$973.7M
Q3 25
$1.4B
$755.9M
Q2 25
$1.3B
$748.2M
Q1 25
$1.2B
$727.3M
Q4 24
$1.3B
$612.8M
Q3 24
$1.4B
$562.2M
Q2 24
$1.4B
$743.3M
Q1 24
$1.3B
$685.5M
Net Profit
BLD
BLD
SPNT
SPNT
Q4 25
$104.5M
$244.1M
Q3 25
$142.2M
$90.8M
Q2 25
$151.6M
$63.2M
Q1 25
$123.4M
$61.6M
Q4 24
$150.5M
$-17.0M
Q3 24
$169.0M
$8.5M
Q2 24
$150.7M
$113.9M
Q1 24
$152.4M
$94.8M
Gross Margin
BLD
BLD
SPNT
SPNT
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%
Operating Margin
BLD
BLD
SPNT
SPNT
Q4 25
12.1%
28.8%
Q3 25
15.4%
14.7%
Q2 25
16.9%
10.0%
Q1 25
14.4%
10.4%
Q4 24
16.6%
-2.1%
Q3 24
17.8%
2.0%
Q2 24
15.4%
17.4%
Q1 24
16.8%
15.4%
Net Margin
BLD
BLD
SPNT
SPNT
Q4 25
7.0%
25.1%
Q3 25
10.2%
12.0%
Q2 25
11.7%
8.4%
Q1 25
10.0%
8.5%
Q4 24
11.5%
-2.8%
Q3 24
12.3%
1.5%
Q2 24
11.0%
15.3%
Q1 24
11.9%
13.8%
EPS (diluted)
BLD
BLD
SPNT
SPNT
Q4 25
$3.69
$1.92
Q3 25
$5.04
$0.73
Q2 25
$5.32
$0.50
Q1 25
$4.23
$0.49
Q4 24
$5.07
$-0.05
Q3 24
$5.65
$0.03
Q2 24
$4.78
$0.57
Q1 24
$4.79
$0.49

Balance Sheet & Financial Strength

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

Metric
BLD
BLD
SPNT
SPNT
Cash + ST InvestmentsLiquidity on hand
$184.7M
$731.2M
Total DebtLower is stronger
$2.8B
$688.6M
Stockholders' EquityBook value
$2.3B
$2.5B
Total Assets
$6.6B
$12.6B
Debt / EquityLower = less leverage
1.23×
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLD
BLD
SPNT
SPNT
Q4 25
$184.7M
$731.2M
Q3 25
$1.1B
$582.4M
Q2 25
$842.5M
$732.4M
Q1 25
$308.8M
$740.3M
Q4 24
$400.3M
$682.0M
Q3 24
$257.3M
$640.7M
Q2 24
$463.2M
$598.1M
Q1 24
$968.8M
$867.5M
Total Debt
BLD
BLD
SPNT
SPNT
Q4 25
$2.8B
$688.6M
Q3 25
$2.9B
$682.5M
Q2 25
$1.9B
$678.4M
Q1 25
$1.4B
$663.5M
Q4 24
$1.4B
$639.1M
Q3 24
$1.4B
$660.5M
Q2 24
$1.4B
$648.6M
Q1 24
$1.4B
$770.6M
Stockholders' Equity
BLD
BLD
SPNT
SPNT
Q4 25
$2.3B
$2.5B
Q3 25
$2.2B
$2.2B
Q2 25
$2.1B
$2.1B
Q1 25
$2.1B
$2.0B
Q4 24
$2.2B
$1.9B
Q3 24
$2.1B
$2.7B
Q2 24
$2.4B
$2.7B
Q1 24
$2.7B
$2.6B
Total Assets
BLD
BLD
SPNT
SPNT
Q4 25
$6.6B
$12.6B
Q3 25
$6.4B
$12.5B
Q2 25
$5.1B
$12.4B
Q1 25
$4.6B
$12.3B
Q4 24
$4.7B
$12.5B
Q3 24
$4.7B
$12.7B
Q2 24
$4.9B
$12.8B
Q1 24
$5.3B
$13.1B
Debt / Equity
BLD
BLD
SPNT
SPNT
Q4 25
1.23×
0.28×
Q3 25
1.29×
0.31×
Q2 25
0.88×
0.32×
Q1 25
0.65×
0.33×
Q4 24
0.62×
0.33×
Q3 24
0.66×
0.25×
Q2 24
0.59×
0.24×
Q1 24
0.52×
0.30×

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
SPNT
SPNT
Operating Cash FlowLast quarter
$176.7M
$-26.4M
Free Cash FlowOCF − Capex
$159.4M
FCF MarginFCF / Revenue
10.7%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
1.69×
-0.11×
TTM Free Cash FlowTrailing 4 quarters
$696.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLD
BLD
SPNT
SPNT
Q4 25
$176.7M
$-26.4M
Q3 25
$233.3M
$155.6M
Q2 25
$193.7M
$62.1M
Q1 25
$152.6M
$-88.9M
Q4 24
$266.2M
$107.7M
Q3 24
$240.7M
$58.1M
Q2 24
$90.4M
$-149.9M
Q1 24
$178.8M
$58.8M
Free Cash Flow
BLD
BLD
SPNT
SPNT
Q4 25
$159.4M
Q3 25
$216.2M
Q2 25
$182.2M
Q1 25
$139.2M
Q4 24
$253.7M
Q3 24
$219.8M
Q2 24
$74.3M
Q1 24
$158.9M
FCF Margin
BLD
BLD
SPNT
SPNT
Q4 25
10.7%
Q3 25
15.5%
Q2 25
14.0%
Q1 25
11.3%
Q4 24
19.3%
Q3 24
16.0%
Q2 24
5.4%
Q1 24
12.4%
Capex Intensity
BLD
BLD
SPNT
SPNT
Q4 25
1.2%
Q3 25
1.2%
Q2 25
0.9%
Q1 25
1.1%
Q4 24
1.0%
Q3 24
1.5%
Q2 24
1.2%
Q1 24
1.6%
Cash Conversion
BLD
BLD
SPNT
SPNT
Q4 25
1.69×
-0.11×
Q3 25
1.64×
1.71×
Q2 25
1.28×
0.98×
Q1 25
1.24×
-1.44×
Q4 24
1.77×
Q3 24
1.42×
6.84×
Q2 24
0.60×
-1.32×
Q1 24
1.17×
0.62×

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%

SPNT
SPNT

Segment breakdown not available.

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