TopBuild Corp. BLD

NYSE | Industrials | Insulation and building products

General analysis — not personal advice.

Signal
NEUTRAL
Market sentiment
Negative
Risk assessment
Low

REVIEW: BLD is delisted and no longer an investable public security; any remaining items are settlement/consideration mechanics (cash and/or QXO shares) and then exposure via QXO rather than TopBuild as a standalone stock.

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Updated: 2 Jul 2026
Exchange
NYSE
Type
Industrials
Sector
Insulation and building products

Market sentiment

Sentiment around BLD as a stock is effectively moot post-delisting; attention has shifted to QXO’s integration and leverage risk and delivery of the stated synergy targets.

Why this signal

REVIEW: BLD is delisted and no longer an investable public security; any remaining items are settlement/consideration mechanics (cash and/or QXO shares) and then exposure via QXO rather than TopBuild as a standalone stock.

  • If you still show a BLD-related position/claim: confirm with your broker that the merger consideration (cash and any QXO shares) has been credited correctly and that proration/fractional handling is correct. Ongoing exposure to the business now requires holding QXO, with focus on integration, leverage, and synergies.

We're already tracking TopBuild Corp. — here are the latest events we've registered

Recent News

  • On July 1, 2026, QXO completed its ~$17B acquisition of TopBuild. TopBuild is now a wholly owned subsidiary (QXO Insulation, LLC), BLD has been delisted from the NYSE, and the company will no longer file with the SEC as a standalone issuer. Stockholder elections showed ~91% chose cash consideration (subject to proration between cash/stock), and QXO also executed refinancing with >99% of TopBuild senior notes (2032/2034) tendered for redemption.

Catalysts

First QXO earnings including TopBuild

Dilution Risk

Assessment: Low

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TopBuild Corp. BLD
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Firelda provides general information and analysis, not personal investment advice. Content does not consider your financial situation or goals. Investments can rise and fall in value. Always do your own research.