BLD · QXO Insulation, LLC
$354.53
-3.42 (-0.95%)
At close · Jun 30
View the 10-K filed Feb 26, 2026
Customer concentration
— top 10 customers 10.6% of revenue
10 customers — 10.6% of revenue (2025)
“Our top ten customers accounted for approximately 10.6 percent of our total sales in 2025.”
One customer — 3.1% of revenue (the year ended December 31, 2025)
“Our top customer accounted for approximately 3.1 percent of our total revenues for the year ended December 31, 2025.”
Market Cap
$9.98B
Shares
28.14M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Robert M. Buck | Chief Executive Officer | $7,873,810 |
| Robert Buck | CEO | $7,873,810 |
| Robert Kuhns | Vice President and Chief Financial Officer | $2,467,521 |
| Steven P. Raia | President, TopBuild Special Operations and Executive Adviser | $1,852,363 |
| Joseph M. Viselli | Vice President and Chief Growth Officer | $1,741,571 |
| Luis F. Machado | Vice President, General Counsel and Corporate Secretary | $1,553,521 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Robert Buck | CEO | $7,494,364 |
| Robert M. Buck | Chief Executive Officer | $7,494,364 |
| Robert Kuhns | Vice President and Chief Financial Officer | $2,356,123 |
| Joseph M. Viselli | Vice President and Chief Growth Officer | $1,814,478 |
| Steven P. Raia | President, TopBuild Special Operations and Executive Adviser | $1,789,599 |
| Luis F. Machado | Vice President, General Counsel and Corporate Secretary | $1,558,972 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Robert Buck | CEO | $7,777,624 |
| Robert M. Buck | Chief Executive Officer | $7,777,624 |
| Robert Kuhns | Vice President and Chief Financial Officer | $2,377,382 |
| Joseph M. Viselli | Vice President and Chief Growth Officer | $2,029,791 |
| Steven P. Raia | President, TopBuild Special Operations and Executive Adviser | $1,890,901 |
| Luis F. Machado | Vice President, General Counsel and Corporate Secretary | $1,670,387 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Robert Buck | CEO | $6,267,186 |
| Robert M. Buck | Chief Executive Officer | $6,267,186 |
| Steven P. Raia | President, TopBuild Special Operations and Executive Adviser | $2,104,370 |
| Robert Kuhns | Vice President and Chief Financial Officer | $1,865,967 |
| John Peterson | Former Vice President and Chief Financial Officer (retired) The amounts in this column reflect the aggregate grant date fair value of equity awards under the LTIP (which for 2022 include both time-based RSU and performance-based PRSU award opportunities), assuming target performance, representing the probable outcome. The grant date fair values were calculated in accordance with FASB ASC 718, utilizing the assumptions discussed in Note 1 and Note 14 to our consolidated financial statements for the year ended December 31, 2022. Assuming the highest level of achievement on PRSUs as of the grant date, the aggregate grant date fair value of all stock awards granted in fiscal 2022 would have been 5,828,459 for Mr. Buck, 1,501,063 for Mr. Kuhns, 1,085,856 for Mr. Machado, 1,451,449 for Mr. Raia, 1,036,286 for Mr. Franklin, and 1,501,063 for Mr. Peterson. The amounts in this column for 2022 represent the company's 401(k) match, which is available to all employees of the Company, and the incremental Company portion of an executive physical, which is available to all executive officers, and, for Mr. Peterson, the value of a gift for his retirement. Mr. Kuhns served as Vice President, Corporate Controller in 2020 and 2021. Messrs. Raia and Franklin’s annual incentive bonus awards are based on blended results of the Company (25%) and the operating segments they lead (75%). As a result, Mr. Raia’s achievement percentage was 186.2%, and Mr. Franklin’s achievement percentage was 172.1%. | $1,847,265 |
| Robert J. Franklin | President, Specialty Distribution | $1,645,931 |
| Luis F. Machado | Vice President, General Counsel and Corporate Secretary | $1,579,191 |
| Joseph M. Viselli | Vice President and Chief Growth Officer | — |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Robert M. Buck | Chief Executive Officer | $4,729,324 |
| Robert Buck | CEO | $4,729,324 |
| John Peterson | Former Vice President and Chief Financial Officer (retired) The amounts in this column reflect the aggregate grant date fair value of equity awards under the LTIP (which for 2022 include both time-based RSU and performance-based PRSU award opportunities), assuming target performance, representing the probable outcome. The grant date fair values were calculated in accordance with FASB ASC 718, utilizing the assumptions discussed in Note 1 and Note 14 to our consolidated financial statements for the year ended December 31, 2022. Assuming the highest level of achievement on PRSUs as of the grant date, the aggregate grant date fair value of all stock awards granted in fiscal 2022 would have been 5,828,459 for Mr. Buck, 1,501,063 for Mr. Kuhns, 1,085,856 for Mr. Machado, 1,451,449 for Mr. Raia, 1,036,286 for Mr. Franklin, and 1,501,063 for Mr. Peterson. The amounts in this column for 2022 represent the company's 401(k) match, which is available to all employees of the Company, and the incremental Company portion of an executive physical, which is available to all executive officers, and, for Mr. Peterson, the value of a gift for his retirement. Mr. Kuhns served as Vice President, Corporate Controller in 2020 and 2021. Messrs. Raia and Franklin’s annual incentive bonus awards are based on blended results of the Company (25%) and the operating segments they lead (75%). As a result, Mr. Raia’s achievement percentage was 186.2%, and Mr. Franklin’s achievement percentage was 172.1%. | $2,121,643 |
| Steven P. Raia | President, TopBuild Special Operations and Executive Adviser | $1,343,194 |
| Luis F. Machado | Vice President, General Counsel and Corporate Secretary | $1,342,238 |
| Robert J. Franklin | President, Specialty Distribution | $1,113,661 |
| Robert Kuhns | Vice President and Chief Financial Officer | — |
| Joseph M. Viselli | Chief Operating Officer | — |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Robert M. Buck | Chief Executive Officer | $2,309,940 |
| Robert Buck | CEO | $2,309,940 |
| John Peterson | Former Vice President and Chief Financial Officer (retired) The amounts in this column reflect the aggregate grant date fair value of equity awards under the LTIP (which for 2022 include both time-based RSU and performance-based PRSU award opportunities), assuming target performance, representing the probable outcome. The grant date fair values were calculated in accordance with FASB ASC 718, utilizing the assumptions discussed in Note 1 and Note 14 to our consolidated financial statements for the year ended December 31, 2022. Assuming the highest level of achievement on PRSUs as of the grant date, the aggregate grant date fair value of all stock awards granted in fiscal 2022 would have been 5,828,459 for Mr. Buck, 1,501,063 for Mr. Kuhns, 1,085,856 for Mr. Machado, 1,451,449 for Mr. Raia, 1,036,286 for Mr. Franklin, and 1,501,063 for Mr. Peterson. The amounts in this column for 2022 represent the company's 401(k) match, which is available to all employees of the Company, and the incremental Company portion of an executive physical, which is available to all executive officers, and, for Mr. Peterson, the value of a gift for his retirement. Mr. Kuhns served as Vice President, Corporate Controller in 2020 and 2021. Messrs. Raia and Franklin’s annual incentive bonus awards are based on blended results of the Company (25%) and the operating segments they lead (75%). As a result, Mr. Raia’s achievement percentage was 186.2%, and Mr. Franklin’s achievement percentage was 172.1%. | $1,924,167 |
| Steven P. Raia | President-TruTeam Operations | $1,276,009 |
| Robert J. Franklin | President, Specialty Distribution | $1,054,281 |
| Luis F. Machado | Vice President, General Counsel and Corporate Secretary | $1,032,330 |
| Robert Kuhns | Vice President and Chief Financial Officer | — |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Gerald Volas | Chief Executive Officer | $4,816,248 |
| Robert Buck | President and Chief Operating Officer | $2,133,113 |
| Robert M. Buck | Chief Executive Officer | $2,133,113 |
| John Peterson | Vice President and Chief Financial Officer | $1,701,536 |
| Donald E. Walther | Former Vice President, General Counsel and Corporate Secretary | $1,270,149 |
| Steven P. Raia | President-TruTeam Operations | $1,206,174 |
| Robert J. Franklin | President, Service Partners Operations | $886,143 |
| Luis F. Machado | Vice President, General Counsel and Corporate Secretary | — |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Gerald Volas | Chief Executive Officer | $4,156,751 |
| Robert Buck | President and Chief Operating Officer | $1,927,147 |
| John Peterson | Vice President and Chief Financial Officer | $1,458,496 |
| Steven P. Raia | President, TruTeam Operations | $1,350,482 |
Fiscal 2017
| Executive | Role | Total |
|---|---|---|
| Gerald Volas | Chief Executive Officer | $4,011,650 |
| Robert Buck | President and Chief Operating Officer | $1,904,295 |
| John Peterson | Vice President and Chief Financial Officer | $1,419,001 |
| Steven P. Raia | President, TruTeam Operations | $1,255,153 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Joseph M. Viselli | Vice President and Chief Growth Officer | Retired | 2026-04-17 |
| John Achille | President and Chief Operating Officer | Appointed | 2026-04-02 |
| David Fischer | President of its Specialty Distribution business | Appointed | 2025-05-19 |
| John Achille | Vice President and Chief Operating Officer | Appointed | 2025-05-19 |
| Nancy M. Taylor | Director | Appointed | 2025-04-29 |
| Deirdre C. Drake | Director | Appointed | 2025-04-29 |
| Joseph S. Cantie | Director | Appointed | 2025-04-29 |
| Tina M. Donikowski | Director | Appointed | 2025-04-29 |
| Mark A. Petrarca | Director | Appointed | 2025-04-29 |
| Robert M. Buck | Director | Appointed | 2025-04-29 |
| Ernesto Bautista, III | Director | Appointed | 2025-04-29 |
| Alec C. Covington | Director | Appointed | 2025-04-29 |
| Joseph M. Viselli | Chief Growth Officer | Appointed | 2024-10-04 |
| Robert J. Franklin | President, Specialty Distribution | Retired | 2024-03-15 |
| Jeffrey M. Krestancic | President, TruTeam | Appointed | 2024-01-12 |
| Steven P. Raia | President, TopBuild Special Operations and Executive Adviser | Appointed | 2024-01-12 |
| Deirdre Drake | Board of Directors | Appointed | 2022-12-15 |
| Joseph Viselli | Vice President and Chief Operating Officer | Appointed | 2022-10-11 |
Key facts
CIK
1633931
CUSIP
89055F103
13F (30d)
415 filings
409 filers
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