TopBuild Grows Presence in Texas Through Acquisition of Johnson Roofing

TopBuild Expands with Johnson Roofing Acquisition

TopBuild Corp. (BLD) has taken another step in its growth strategy by reaching an agreement to purchase Johnson Roofing. This move broadens TopBuild’s commercial roofing operations and strengthens its presence in the South-Central United States, particularly in Texas.

Johnson Roofing is a leading provider of commercial roofing installation services in Texas, known for its significant market share throughout the region. By bringing Johnson Roofing into its portfolio, TopBuild not only increases its reach in Central Texas but also enhances its ability to support general contractor clients across a wider area.

Following the announcement, TopBuild’s stock (BLD) saw a 1.1% increase in trading during the previous session.

Strategic Value of the Johnson Roofing Deal

This acquisition is a focused addition to TopBuild’s commercial roofing segment. Johnson Roofing, which generates around $29 million in annual revenue, operates in a highly fragmented Texas market, offering TopBuild greater regional scale and established customer connections. While the purchase price was not made public, the deal fits TopBuild’s strategy of disciplined, targeted acquisitions to expand its commercial roofing reach and boost long-term profitability.

Company leaders emphasized that this transaction not only increases TopBuild’s footprint in Central Texas but also positions the company to benefit from the region’s fragmented commercial roofing market. They also highlighted the strong alignment in company culture, especially in areas like safety, operational excellence, and customer service. TopBuild expects Johnson Roofing’s reputation for quality and field support to flourish within its broader organization.

TopBuild’s Recent Acquisition Activity

TopBuild’s recent moves reflect a consistent approach to growth through acquisitions. In the third quarter of 2025, the company purchased Progressive Roofing, a business with about $440 million in annual revenue, establishing a significant presence in the $75 billion commercial roofing sector. In October 2025, TopBuild completed the acquisition of Specialty Products & Insulation (SPI), merging two leading mechanical insulation and custom fabrication businesses. This deal is expected to generate annual synergies of $35–$40 million.

On February 3, 2026, TopBuild added Applied Coatings and Upstate Spray Foam, both based in Winfield, NY, to its portfolio. These companies focus on spray foam insulation and fireproofing for both residential and commercial clients in New York, Pennsylvania, and Massachusetts, further enhancing TopBuild’s regional strength and service offerings.

With a strong financial position, a healthy pipeline of potential deals, and a track record of successful integrations, TopBuild (BLD) is well-equipped to continue expanding margins and driving company-wide growth.

Stock Performance Overview

Over the past six months, TopBuild’s share price has climbed 19%, outpacing the Building Products - Miscellaneous industry’s 4.6% gain. The company’s strong performance is supported by recent strategic acquisitions and solid results in its Specialty Distribution division, which continues to improve cost efficiency and profitability. However, ongoing economic challenges and a sluggish residential market remain potential obstacles.

TopBuild’s Zacks Ranking and Other Notable Picks

TopBuild currently holds a Zacks Rank #2 (Buy).

Other highly ranked stocks in the Construction sector include:

• Comfort Systems USA, Inc. (FIX): Zacks Rank #1 (Strong Buy). The company has delivered an average earnings surprise of 35.2% over the past four quarters, and its stock has soared 105.5% in the last six months. The Zacks Consensus Estimate projects 20.3% sales growth and 6% EPS growth for fiscal 2026 compared to the prior year.
• Fluor Corporation (FLR): Zacks Rank #1. The company has posted an average earnings surprise of 17.6% over the last four quarters, with shares up 27.8% in six months. The consensus estimate calls for 3.4% sales growth and 23.3% EPS growth in 2026 versus the previous year.
• MasTec, Inc. (MTZ): Zacks Rank #2. MasTec has delivered an average earnings surprise of 18.9% over the past four quarters, and its stock has gained 56% in the last six months. The consensus projects 9.2% sales growth and 28.3% EPS growth for 2026 compared to the prior year.

Featured Semiconductor Stock from Zacks

A lesser-known semiconductor company is making waves in the industry, offering products that giants like NVIDIA do not. Positioned to benefit from the next wave of market growth, this company is just starting to gain attention—an ideal time for investors to take notice.

With robust earnings growth and a rapidly expanding customer base, the company is set to capitalize on the surging demand for Artificial Intelligence, Machine Learning, and the Internet of Things. The global semiconductor market is expected to grow from $452 billion in 2021 to $971 billion by 2028.

Get More Insights from Zacks

Looking for more top stock recommendations? Download Zacks Investment Research’s “7 Best Stocks for the Next 30 Days.”

Free Stock Analysis Reports

• Fluor Corporation (FLR): Free Stock Analysis Report
• Comfort Systems USA, Inc. (FIX): Free Stock Analysis Report
• MasTec, Inc. (MTZ): Free Stock Analysis Report
• TopBuild Corp. (BLD): Free Stock Analysis Report