Alec Covington - Topbuild Corp Independent Chairman of the Board

BLD Stock  USD 406.65  33.60  9.01%   

Chairman

Mr. Alec C. Covington serves as an Independent Chairman of the Board of the Company. Mr. Covington has served as Managing Director of Haynes Park Capital, LLC, a private investment and business consulting firm, since forming the company late in 2013. Mr. Covington served as the President and Chief Executive Officer of NashFinch Company, a food distribution company, from 2006 until the company merged with Spartan Stores, Inc. in 2013. From 2004 to 2006, he served as both President and Chief Executive Officer of Tree of Life, Inc., a specialty food distributor, and as a member of the Executive Board of Tree of Lifes parent corporation, Royal Wessanen NV, a corporation based in the Netherlands. From 2001 to 2004, Mr. Covington was Chief Executive Officer of AmeriCold Logistics, LLC, a company that specializes in temperaturecontrolled warehousing and logistics for the food industry. Prior to that time, Mr. Covington was the President of Richfood Inc. and Executive Vice President of Supervalu Inc since 2015.
Age 64
Tenure 9 years
Address 475 North Williamson Boulevard, Daytona Beach, FL, United States, 32114
Phone386 304 2200
Webhttps://www.topbuild.com
Covington has a strong background in distribution, supply chain operations and logistics. His significant leadership, executive management experience and expertise in the areas of management, operations and business development provide us with a broadbased understanding of areas important to our growth and operations. The Board has affirmatively determined that Mr. Covington is independent.

Topbuild Corp Management Efficiency

The company has Return on Asset of 0.1175 % which means that on every $100 spent on assets, it made $0.1175 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2735 %, implying that it generated $0.2735 on every 100 dollars invested. Topbuild Corp's management efficiency ratios could be used to measure how well Topbuild Corp manages its routine affairs as well as how well it operates its assets and liabilities. At present, Topbuild Corp's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.25, whereas Return On Tangible Assets are forecasted to decline to 0.13. At present, Topbuild Corp's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 620.6 M, whereas Non Current Assets Total are forecasted to decline to about 2.1 B.
Topbuild Corp has 1.57 B in debt with debt to equity (D/E) ratio of 0.96, which is OK given its current industry classification. Topbuild Corp has a current ratio of 1.66, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Topbuild to invest in growth at high rates of return.

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TopBuild Corp., together with its subsidiaries, engages in the installation and distribution of insulation and other building products to the construction industry. TopBuild Corp. was incorporated in 2015 and is headquartered in Daytona Beach, Florida. TopBuild Corp operates under Engineering Construction classification in the United States and is traded on New York Stock Exchange. It employs 13006 people. Topbuild Corp (BLD) is traded on New York Stock Exchange in USA. It is located in 475 North Williamson Boulevard, Daytona Beach, FL, United States, 32114 and employs 14,012 people. Topbuild Corp is listed under Household Durables category by Fama And French industry classification.

Management Performance

Topbuild Corp Leadership Team

Elected by the shareholders, the Topbuild Corp's board of directors comprises two types of representatives: Topbuild Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Topbuild. The board's role is to monitor Topbuild Corp's management team and ensure that shareholders' interests are well served. Topbuild Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Topbuild Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tabitha Zane, Vice President of Investor Relations
Robert CPA, CFO VP
Alec Covington, Independent Chairman of the Board
Luis Machado, Vice President, General Counsel, Corporate Secretary
Sridhar Pullareddy, Chief Officer
P Aquino, Vice Relations
Madeline Otero, Chief VP
Robin Stennet, Chief Officer
David Whan, Chief Human Resource Officer
Ernesto Bautista, Independent Director
Luis JD, General VP
Robert Kuhns, Chief Financial Officer, Vice President
Joseph Cantie, Independent Director
Mark Petrarca, Independent Director
Robert Franklin, President - Service Partners Operations
Jennifer Shoffner, Chief Human Resource Officer
Joseph Viselli, VP Officer
Robert Buck, President, Chief Operating Officer
David Cushen, Senior Vice President Mergers and Acquisitions
Steven Raia, Senior Vice President of Operations
Carl Camden, Independent Director
John Peterson, Chief Financial Officer, Vice President
Tina Donikowski, Independent Director
Rip Hubbard, Senior Chain
Gerald Volas, Chief Executive Officer, Director
Carrie Wood, Chief VP
Nancy Taylor, Independent Director
Jeffrey Krestancic, President Installation

Topbuild Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Topbuild Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Topbuild Corp is a strong investment it is important to analyze Topbuild Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Topbuild Corp's future performance. For an informed investment choice regarding Topbuild Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Topbuild Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade Topbuild Stock refer to our How to Trade Topbuild Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Topbuild Corp. If investors know Topbuild will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Topbuild Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.072
Earnings Share
19.77
Revenue Per Share
170.633
Quarterly Revenue Growth
0.036
Return On Assets
0.1175
The market value of Topbuild Corp is measured differently than its book value, which is the value of Topbuild that is recorded on the company's balance sheet. Investors also form their own opinion of Topbuild Corp's value that differs from its market value or its book value, called intrinsic value, which is Topbuild Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Topbuild Corp's market value can be influenced by many factors that don't directly affect Topbuild Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Topbuild Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Topbuild Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Topbuild Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.