How did Topbuild's revenue and expenses trend in Q4 2024?

Topbuild's revenue and expenses in Q4 2024 showed a significant segment-based distinction within its business operations. Here's a detailed analysis:

1. **Revenue by Business Segment**:
- Installation: $3.29 billion
- Distribution: $2.34 billion
- Total: $5.63 billion (Installation + Distribution)
2. **Net Income**:
- Net income was $150.54 million for the quarter.
3. **Total Expenses**:
- Total expenses were $1.31 billion, which is less than the total revenue from the Installation segment alone.
4. **Intercompany Eliminations and Other Adjustments**:
- There were adjustments of $72.06 million and $227.49 million, which resulted in a net effect of -$305.66 million under this category.

The data indicates that Topbuild's Installation segment generated the highest revenue, followed by the Distribution segment. The company's net income was substantial, indicating profitability. However, the negative figures under Intercompany Eliminations and Other Adjustments suggest some internal adjustments that led to a net loss of $305.66 million for the quarter. This could be due to various factors such as internal transfers, write-offs, or other non-operational expenses. Despite this, the positive net income and revenue figures demonstrate the company's operational strength in Q4 2024.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|BLD|BLD.N|Topbuild|20240101-2024|Intercompany Eliminations and Other Adjustments|-3.05664E8|169|
|BLD|BLD.N|Topbuild|20240101-2024|Intercompany Eliminations and Other Adjustments|-2.27486E8|169|
|BLD|BLD.N|Topbuild|20240101-2024|Intercompany Eliminations and Other Adjustments|-1.44017E8|169|
|BLD|BLD.N|Topbuild|20240101-2024|Intercompany Eliminations and Other Adjustments|-6.582E7|169|
|BLD|BLD.N|Topbuild|20240101-2024|Installation|7.98743E8|169|
|BLD|BLD.N|Topbuild|20240101-2024|Distribution|5.45794E8|169|
|BLD|BLD.N|Topbuild|20240101-2024|Intercompany Eliminations and Other Adjustments|-6.582E7|169|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|BLD|BLD.N|Topbuild|2024 Q1|12.152057113417237|1.52381E8|169|
|BLD|BLD.N|Topbuild|2024 Q2|-8.319343065693431|1.50723E8|169|
|BLD|BLD.N|Topbuild|2024 Q3|0.8102528609443802|1.6896E8|169|
|BLD|BLD.N|Topbuild|2024 Q4|2.8377418297081647|1.50538E8|169|

|code|Ticker|Name|Date|Total Revenue|Total Expenses|market_code|
|---|---|---|---|---|---|---|
|BLD|BLD.N|Topbuild|2024 Q1|1.278717E9||169|
|BLD|BLD.N|Topbuild|2024 Q2|1.365612E9||169|
|BLD|BLD.N|Topbuild|2024 Q3|1.373268E9||169|
|BLD|BLD.N|Topbuild|2024 Q4|1.312206E9||169|