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Side-by-side financial comparison of TopBuild Corp (BLD) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.
TopBuild Corp is the larger business by last-quarter revenue ($1.5B vs $891.0M, roughly 1.7× ZIONS BANCORPORATION, NATIONAL ASSOCIATION). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 7.0%, a 22.5% gap on every dollar of revenue. On growth, TopBuild Corp posted the faster year-over-year revenue change (13.2% vs 8.7%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $159.4M). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% 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.
Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.
BLD vs ZION — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.5B | $891.0M |
| Net Profit | $104.5M | $263.0M |
| Gross Margin | 27.2% | — |
| Operating Margin | 12.1% | — |
| Net Margin | 7.0% | 29.5% |
| Revenue YoY | 13.2% | 8.7% |
| Net Profit YoY | -30.6% | 21.8% |
| EPS (diluted) | $3.69 | $1.77 |
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 | $891.0M | ||
| Q3 25 | $1.4B | $861.0M | ||
| Q2 25 | $1.3B | $838.0M | ||
| Q1 25 | $1.2B | $795.0M | ||
| Q4 24 | $1.3B | $820.0M | ||
| Q3 24 | $1.4B | $792.0M | ||
| Q2 24 | $1.4B | $777.0M | ||
| Q1 24 | $1.3B | $742.0M |
| Q4 25 | $104.5M | $263.0M | ||
| Q3 25 | $142.2M | $222.0M | ||
| Q2 25 | $151.6M | $244.0M | ||
| Q1 25 | $123.4M | $170.0M | ||
| Q4 24 | $150.5M | $216.0M | ||
| Q3 24 | $169.0M | $214.0M | ||
| Q2 24 | $150.7M | $201.0M | ||
| Q1 24 | $152.4M | $153.0M |
| 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% | — | ||
| Q3 25 | 15.4% | — | ||
| Q2 25 | 16.9% | — | ||
| Q1 25 | 14.4% | — | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | 15.4% | — | ||
| Q1 24 | 16.8% | — |
| Q4 25 | 7.0% | 29.5% | ||
| Q3 25 | 10.2% | 25.8% | ||
| Q2 25 | 11.7% | 29.1% | ||
| Q1 25 | 10.0% | 21.4% | ||
| Q4 24 | 11.5% | 26.3% | ||
| Q3 24 | 12.3% | 27.0% | ||
| Q2 24 | 11.0% | 25.9% | ||
| Q1 24 | 11.9% | 20.6% |
| Q4 25 | $3.69 | $1.77 | ||
| Q3 25 | $5.04 | $1.48 | ||
| Q2 25 | $5.32 | $1.63 | ||
| Q1 25 | $4.23 | $1.13 | ||
| Q4 24 | $5.07 | $1.34 | ||
| Q3 24 | $5.65 | $1.37 | ||
| Q2 24 | $4.78 | $1.28 | ||
| Q1 24 | $4.79 | $0.96 |
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 | — |
| Total DebtLower is stronger | $2.8B | $1.5B |
| Stockholders' EquityBook value | $2.3B | $7.2B |
| Total Assets | $6.6B | $89.0B |
| Debt / EquityLower = less leverage | 1.23× | 0.21× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $184.7M | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $842.5M | — | ||
| Q1 25 | $308.8M | — | ||
| Q4 24 | $400.3M | — | ||
| Q3 24 | $257.3M | — | ||
| Q2 24 | $463.2M | — | ||
| Q1 24 | $968.8M | — |
| Q4 25 | $2.8B | $1.5B | ||
| Q3 25 | $2.9B | $1.5B | ||
| Q2 25 | $1.9B | $970.0M | ||
| Q1 25 | $1.4B | $964.0M | ||
| Q4 24 | $1.4B | $950.0M | ||
| Q3 24 | $1.4B | $548.0M | ||
| Q2 24 | $1.4B | $546.0M | ||
| Q1 24 | $1.4B | $544.0M |
| Q4 25 | $2.3B | $7.2B | ||
| Q3 25 | $2.2B | $6.9B | ||
| Q2 25 | $2.1B | $6.6B | ||
| Q1 25 | $2.1B | $6.3B | ||
| Q4 24 | $2.2B | $6.1B | ||
| Q3 24 | $2.1B | $6.4B | ||
| Q2 24 | $2.4B | $6.0B | ||
| Q1 24 | $2.7B | $5.8B |
| Q4 25 | $6.6B | $89.0B | ||
| Q3 25 | $6.4B | $88.5B | ||
| Q2 25 | $5.1B | $88.9B | ||
| Q1 25 | $4.6B | $88.0B | ||
| Q4 24 | $4.7B | $88.8B | ||
| Q3 24 | $4.7B | $87.0B | ||
| Q2 24 | $4.9B | $87.6B | ||
| Q1 24 | $5.3B | $87.1B |
| Q4 25 | 1.23× | 0.21× | ||
| Q3 25 | 1.29× | 0.21× | ||
| Q2 25 | 0.88× | 0.15× | ||
| Q1 25 | 0.65× | 0.15× | ||
| Q4 24 | 0.62× | 0.16× | ||
| Q3 24 | 0.66× | 0.09× | ||
| Q2 24 | 0.59× | 0.09× | ||
| 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 | $1.1B |
| Free Cash FlowOCF − Capex | $159.4M | $952.0M |
| FCF MarginFCF / Revenue | 10.7% | 106.8% |
| Capex IntensityCapex / Revenue | 1.2% | 13.6% |
| Cash ConversionOCF / Net Profit | 1.69× | 4.08× |
| TTM Free Cash FlowTrailing 4 quarters | $696.9M | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $176.7M | $1.1B | ||
| Q3 25 | $233.3M | $438.0M | ||
| Q2 25 | $193.7M | $-62.0M | ||
| Q1 25 | $152.6M | $179.0M | ||
| Q4 24 | $266.2M | $1.1B | ||
| Q3 24 | $240.7M | $119.0M | ||
| Q2 24 | $90.4M | $251.0M | ||
| Q1 24 | $178.8M | $261.0M |
| Q4 25 | $159.4M | $952.0M | ||
| Q3 25 | $216.2M | $413.0M | ||
| Q2 25 | $182.2M | $-93.0M | ||
| Q1 25 | $139.2M | $152.0M | ||
| Q4 24 | $253.7M | $1.1B | ||
| Q3 24 | $219.8M | $97.0M | ||
| Q2 24 | $74.3M | $234.0M | ||
| Q1 24 | $158.9M | $231.0M |
| Q4 25 | 10.7% | 106.8% | ||
| Q3 25 | 15.5% | 48.0% | ||
| Q2 25 | 14.0% | -11.1% | ||
| Q1 25 | 11.3% | 19.1% | ||
| Q4 24 | 19.3% | 128.2% | ||
| Q3 24 | 16.0% | 12.2% | ||
| Q2 24 | 5.4% | 30.1% | ||
| Q1 24 | 12.4% | 31.1% |
| Q4 25 | 1.2% | 13.6% | ||
| Q3 25 | 1.2% | 2.9% | ||
| Q2 25 | 0.9% | 3.7% | ||
| Q1 25 | 1.1% | 3.4% | ||
| Q4 24 | 1.0% | 11.8% | ||
| Q3 24 | 1.5% | 2.8% | ||
| Q2 24 | 1.2% | 2.2% | ||
| Q1 24 | 1.6% | 4.0% |
| Q4 25 | 1.69× | 4.08× | ||
| Q3 25 | 1.64× | 1.97× | ||
| Q2 25 | 1.28× | -0.25× | ||
| Q1 25 | 1.24× | 1.05× | ||
| Q4 24 | 1.77× | 5.31× | ||
| Q3 24 | 1.42× | 0.56× | ||
| Q2 24 | 0.60× | 1.25× | ||
| Q1 24 | 1.17× | 1.71× |
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% |
ZION
Segment breakdown not available.
