Installed Building Products, Inc. (IBP) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$2.56	$2.91	+13.7%	—	$777.8M	—
Q1 26	$1.96	$1.79	-8.7%	—	$660.5M	—
Q4 25	$2.75	$3.24	+17.8%	—	$747.5M	—
Q3 25	$2.74	$3.18	+16.1%	—	$778.2M	—
Q2 25	$2.4	$2.95	+22.9%	—	$760.3M	—
Q1 25	$2.2	$2.08	-5.5%	—	$684.8M	—
Q4 24	$2.85	$2.88	+1.1%	—	$750.2M	—
Q3 24	$2.98	$2.85	-4.4%	—	$760.6M	—
Q2 24	$2.88	$2.84	-1.4%	—	$737.6M	—
Q1 24	$2.29	$2.47	+7.9%	—	$692.9M	—
Q4 23	$2.41	$2.72	+12.9%	—	$720.7M	—
Q3 23	$2.37	$2.79	+17.7%	—	$706.5M	—
Q2 23	$2.28	$2.62	+14.9%	—	$692.1M	—
Q1 23	$2.04	$2.15	+5.4%	—	$659.3M	—
Q4 22	$2.2	$2.43	+10.5%	—	$686.5M	—
Q3 22	$2.31	$2.51	+8.7%	—	$719.1M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$9.76	—	—	$3B	—
FY24	—	$9.16	—	—	$2.9B	—
FY23	—	$8.65	—	—	$2.8B	—
FY22	—	$7.78	—	—	$2.7B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$863M	$1.1B	$1.3B	$1.5B	$1.7B	$2B	$2.7B	$2.8B	$2.9B	$3B
YoY change	+30.2%	+31.3%	+18%	+13.1%	+9.37%	+19.1%	+35.6%	+4.08%	+5.86%	+1%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	863M	1.1B	1.3B	1.5B	1.7B	2B	2.7B	2.8B	2.9B	3B
Cost of revenue	610.5M	808.9M	964.8M	1.1B	1.1B	1.4B	1.8B	1.8B	1.9B	2B
Gross profit	252.4M	324M	371.6M	434.8M	510M	589.5M	827.8M	930.7M	994.5M	1B
Gross margin	29.3%	28.6%	27.8%	28.8%	30.8%	29.9%	31%	33.5%	33.8%	34%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	175.1M	222.9M	253M	289.1M	319.6M	365.6M	454.7M	517.1M	564.6M	581.8M
Operating expenses	175.1M	222.9M	253M	289.1M	319.6M	365.6M	454.7M	517.1M	564.6M	581.8M
Operating income	66M	74.3M	93.2M	121.2M	161.9M	186.8M	329.3M	369.1M	387.4M	386.4M
Operating margin	7.65%	6.56%	6.98%	8.02%	9.79%	9.49%	12.3%	13.3%	13.2%	13%
Non-operating income, net	-263K	-1.1M	-535K	-451K	-399K	1.5M	15.6M	1M	-4.1M	2.3M
Pretax income	59.6M	55.8M	72.2M	92.6M	131.2M	155.5M	303.3M	333.1M	346.4M	357M
Income tax	21.2M	14.7M	17.4M	24.4M	33.9M	36.7M	79.9M	89.4M	89.8M	91.6M
Net income	38.4M	41.1M	54.7M	68.2M	97.2M	118.8M	223.4M	243.7M	256.6M	265.4M
Net margin	4.45%	3.63%	4.1%	4.51%	5.88%	6.03%	8.37%	8.77%	8.72%	8.93%
EBITDA	100.6M	128.3M	151.4M	199.8M	249.5M	290.2M	446.5M	495.8M	522.7M	533.6M
EPS	1.23	1.3	1.76	2.29	3.3	4.04	7.78	8.65	9.16	9.76
Diluted EPS	1.23	1.3	1.75	2.28	3.27	4.01	7.74	8.61	9.1	9.71

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	706.5M	720.7M	692.9M	737.6M	760.6M	750.2M	684.8M	760.3M	778.2M	747.5M	660.5M	777.8M
Cost of revenue	464.4M	475M	458.4M	486.2M	503.8M	498.4M	461.1M	500.4M	514M	486M	448.2M	518.9M
Gross profit	242.1M	245.7M	234.5M	251.4M	256.8M	251.8M	223.7M	259.9M	264.2M	261.5M	212.3M	258.9M
Gross margin	34.3%	34.1%	33.8%	34.1%	33.8%	33.6%	32.7%	34.2%	34%	35%	32.1%	33.3%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	128.8M	137.3M	135.9M	141.2M	145M	142.5M	143.8M	148.8M	147.3M	141.9M	144.2M	153.8M
Operating expenses	128.8M	137.3M	135.9M	141.2M	145M	142.5M	143.8M	148.8M	147.3M	141.9M	144.2M	153.8M
Operating income	102.3M	97.6M	87.9M	99.7M	101.3M	98.5M	69.8M	101M	106.8M	108.8M	57.6M	94.6M
Operating margin	14.5%	13.5%	12.7%	13.5%	13.3%	13.1%	10.2%	13.3%	13.7%	14.6%	8.72%	12.2%
Non-operating income, net	200K	456K	400K	-4.8M	300K	0	-200K	700K	400K	1.4M	-200K	1M
Pretax income	92.8M	90.3M	76.4M	86.7M	93.9M	89.4M	61.3M	93.4M	100.3M	102M	47.1M	85.1M
Income tax	24.8M	25.4M	20.5M	21.5M	25.3M	22.5M	15.9M	24.4M	25.9M	25.4M	12.3M	20.2M
Net income	68M	64.8M	55.9M	65.2M	68.6M	66.9M	45.4M	69M	74.4M	76.6M	34.8M	64.9M
Net margin	9.62%	9%	8.07%	8.84%	9.02%	8.92%	6.63%	9.08%	9.56%	10.2%	5.27%	8.34%
EBITDA	134.1M	129.6M	120.4M	133.2M	135.3M	133.8M	104.8M	137.3M	143.1M	148.4M	95.1M	134M
EPS	2.41	—	1.98	2.32	2.45	2.41	1.65	2.53	2.75	2.85	1.3	2.44
Diluted EPS	2.4	—	1.97	2.3	2.44	2.39	1.64	2.52	2.74	2.83	1.29	2.43

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	1.3B	2.4B	1B	2B	3B	4.1B	2.5B	5.1B	4.9B	7.1B	5.2B
Enterprise value	1.4B	2.7B	1.4B	2.5B	3.4B	4.7B	3.2B	5.7B	5.6B	7.7B	6.1B
Shares outstanding	31.3M	31.6M	31.1M	29.8M	29.5M	29.4M	28.7M	28.2M	28M	27.2M	27.2M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	33.6	58.4	19.1	30.1	30.9	34.5	11	21.1	19.1	26.6	21.1
P/S	1.5	2.12	0.78	1.36	1.82	2.08	0.92	1.85	1.67	2.38	1.76
P/B	8.4	11.4	5.74	8.2	9.42	9.84	4.98	7.68	6.96	9.94	8.09
EV/EBITDA	14.4	20.8	9.32	12.3	13.6	16.2	7.11	11.5	10.6	14.5	12.7
EV/Sales	1.67	2.36	1.06	1.62	2.06	2.39	1.19	2.06	1.89	2.6	2.06
Earnings yield	2.97%	1.71%	5.22%	3.33%	3.23%	2.9%	9.09%	4.73%	5.22%	3.76%	4.74%
FCF yield	3.58%	1.54%	5.86%	3.56%	4.89%	2.47%	9.45%	5.41%	5.12%	4.26%	5.55%
PEG	—	—	—	—	—	—	—	—	—	—	-5.94

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	29.3%	28.6%	27.8%	28.8%	30.8%	29.9%	31%	33.5%	33.8%	34%	33.3%
Operating margin	7.65%	6.56%	6.98%	8.02%	9.79%	9.49%	12.3%	13.3%	13.2%	13%	12.3%
Net margin	4.45%	3.63%	4.1%	4.51%	5.88%	6.03%	8.37%	8.77%	8.72%	8.93%	8.46%
ROE	25%	19.5%	30%	27.3%	30.5%	28.5%	45.3%	36.4%	36.4%	37.4%	38.5%
ROA	8.32%	5.57%	6.56%	6.2%	8.19%	7.19%	12.6%	12.3%	12.5%	12.8%	10.9%
ROIC	13.9%	11.5%	13%	13.6%	16.9%	14%	20%	21.8%	21.2%	20.8%	19.1%
Return on tangible assets	51.1%	27.1%	29%	17%	23.7%	24.8%	48.1%	37.7%	39.3%	41.2%	32.3%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.48	2.22	2.27	2.72	2.64	2.79	2.7	3.09	2.94	3.03	2.98
Quick ratio	1.17	1.92	1.93	2.37	2.31	2.33	2.16	2.62	2.4	2.44	2.41
Debt / equity	1.08	1.71	2.54	2.48	1.95	2.25	1.92	1.42	1.39	1.4	1.87
Debt / assets	0.36	0.49	0.56	0.56	0.52	0.57	0.53	0.48	0.47	0.48	0.53
Net debt / EBITDA	1.51	2.08	2.4	2.03	1.57	2.08	1.6	1.15	1.24	1.26	1.54
Interest coverage	10.7	4.21	4.52	4.3	5.33	5.74	8.29	10	10.4	12.3	10.3
Effective tax rate	35.5%	26.3%	24.2%	26.4%	25.9%	23.6%	26.3%	26.8%	25.9%	25.7%	25.1%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	27.6	35.8	43	50.8	56	67	93	98.7	104.9	109.2	110.4
EPS (basic)	1.23	1.3	1.76	2.29	3.3	4.04	7.78	8.65	9.16	9.76	9.76
EPS (diluted)	1.23	1.3	1.75	2.28	3.27	4.01	7.74	8.61	9.1	9.71	9.27
Book value per share	4.92	6.65	5.87	8.4	10.8	14.2	17.2	23.8	25.2	26.1	24.2
FCF per share	1.48	1.17	1.97	2.45	4.99	3.45	8.09	9.89	8.97	11.1	10.9
Cash per share	0.46	2.93	3.23	7.25	7.85	11.4	8	13.7	11.7	11.8	14.9
Capex per share	0.84	0.97	1.07	1.66	1.1	1.17	1.52	2.09	3.06	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	3.05%	2.71%	2.49%	3.27%	1.96%	1.74%	1.63%	2.12%	2.91%	—	—
Capex / operating cash flow	37.3%	46.2%	35%	41.6%	18.4%	24.9%	15.8%	17.5%	25.9%	—	—
Payout ratio	—	—	—	0%	0%	29.7%	28.1%	25.9%	33%	33%	35.8%
Dividend yield	—	—	—	0%	0%	0.86%	2.55%	1.23%	1.72%	1.24%	0.8%

Yield

0.8%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.39

ex-dividend Sep 15, 2026

Payout ratio

36%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 15, 2026	$0.39
Jun 15, 2026	$0.39
Mar 13, 2026	$2.19
Dec 15, 2025	$0.37
Sep 15, 2025	$0.37
Jun 13, 2025	$0.37
Mar 14, 2025	$0.37
Dec 13, 2024	$0.35

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$706.5M	$720.7M	$692.9M	$737.6M	$760.6M	$750.2M	$684.8M	$760.3M	$778.2M	$747.5M	$660.5M	$777.8M
YoY change	-1.75%	+4.99%	+5.1%	+6.57%	+7.66%	+4.09%	-1.17%	+3.08%	+2.31%	-0.36%	-3.55%	+2.3%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	14.5M	92.6M	100.5M	215.8M	231.5M	333.5M	229.6M	386.5M	327.6M	321.9M
Receivables	128.5M	180.7M	214.1M	244.5M	266.6M	312.8M	397.2M	423.3M	433.9M	444.1M
Inventory	40.2M	48.3M	61.2M	74.6M	77.2M	143M	176.6M	162.8M	194.6M	203M
Total current assets	192.4M	354.9M	411.5M	581.9M	623.9M	859.3M	884.4M	1.1B	1.1B	1B
Property, plant & equipment	67.6M	80.9M	90.1M	148.2M	153.9M	171.9M	191.1M	211.4M	266.5M	278.1M
Goodwill & intangibles	386.8M	586.9M	645.7M	698.4M	776.5M	1.2B	1.3B	1.3B	1.4B	1.4B
Total assets	462.1M	738.7M	834.7M	1.1B	1.2B	1.7B	1.8B	2B	2.1B	2.1B
Accounts payable	67.9M	87.4M	96.9M	98.9M	101.5M	132.7M	149.2M	158.6M	146.6M	119M
Short-term debt	24.1M	22.3M	27.4M	42.4M	44.2M	55.8M	59.6M	63.2M	69.5M	76.3M
Total current liabilities	130.1M	159.8M	181.7M	214.1M	236.5M	307.6M	328.1M	346.4M	359M	344.2M
Long-term debt	142.6M	337.4M	436M	578.4M	578.8M	881.6M	886.4M	891.6M	908.8M	915.4M
Total liabilities	308.1M	528.2M	652.2M	849.4M	868.5M	1.2B	1.3B	1.3B	1.4B	1.4B
Shareholders' equity	154M	210.5M	182.5M	250M	319.2M	416.8M	493.5M	670.3M	705.3M	709.9M
Total debt	166.7M	359.7M	463.5M	620.8M	623M	937.4M	946M	954.8M	978.3M	991.7M
Net debt	152.2M	297.2M	373M	442.9M	391.5M	603.9M	716.4M	568.3M	650.7M	669.8M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	339.8M	386.5M	399.9M	380.3M	406.2M	327.6M	298.7M	305.2M	333.3M	321.9M	474.3M	394.5M
Receivables	427.1M	423.3M	425.5M	439.6M	451M	433.9M	419.4M	447.6M	448.3M	444.1M	426.4M	469.6M
Inventory	159.7M	162.8M	171.1M	175.6M	182.3M	194.6M	198.4M	192M	187.7M	203M	205.7M	223.5M
Total current assets	999.8M	1.1B	1.1B	1.1B	1.1B	1.1B	994.7M	1B	1B	1B	1.2B	1.2B
Property, plant & equipment	211.8M	211.4M	225.6M	240.9M	253.1M	266.5M	273.3M	277.8M	282.8M	278.1M	290.2M	313.7M
Goodwill & intangibles	1.3B	1.3B	1.3B	1.3B	1.3B	1.4B	1.4B	1.4B	1.4B	1.4B	1.5B	1.5B
Total assets	1.9B	2B	2B	2B	2.1B	2.1B	2B	2B	2.1B	2.1B	2.2B	2.3B
Accounts payable	143.6M	158.6M	156.8M	157.5M	169.4M	146.6M	142.3M	150.1M	137.9M	119M	124.9M	151.7M
Short-term debt	62.3M	63.2M	62.8M	65.2M	65.5M	69.5M	70.1M	72.2M	74.5M	76.3M	77.3M	81M
Total current liabilities	324.7M	346.4M	339.7M	352.6M	376.7M	359M	344.7M	356.6M	372.3M	344.2M	349.8M	387.4M
Long-term debt	890.5M	891.6M	901.3M	906M	901.4M	908.8M	906.4M	911.2M	910.8M	915.4M	1.1B	1.1B
Total liabilities	1.3B	1.3B	1.3B	1.3B	1.4B	1.4B	1.3B	1.4B	1.4B	1.4B	1.6B	1.6B
Shareholders' equity	628.2M	670.3M	679.2M	685.3M	716.4M	705.3M	660.9M	664.5M	678.6M	709.9M	667.5M	639.5M
Total debt	952.7M	954.8M	964.1M	971.2M	966.9M	978.3M	976.5M	983.4M	985.3M	991.7M	1.2B	1.2B
Net debt	613M	568.3M	564.2M	590.9M	560.7M	650.7M	677.8M	678.2M	652M	669.8M	706.3M	802.7M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	38.4M	41.1M	54.7M	68.2M	97.2M	118.8M	223.4M	243.7M	256.6M	265.4M
Depreciation & amortization	34.8M	55.1M	58.7M	79.1M	88M	103M	117.7M	125.7M	134.5M	144.9M
Stock-based compensation	1.9M	6.6M	7.8M	8.7M	10.8M	13.8M	13.8M	15.9M	19.4M	21.5M
Change in working capital	-4.6M	-33.5M	-29M	-47.3M	-13.1M	-102.6M	-72.5M	-40.6M	-71.2M	-60M
Operating cash flow	70.6M	66.4M	95.1M	118.9M	175.8M	137.9M	275.2M	335.8M	331M	371.4M
Capital expenditure	-26.3M	-30.7M	-33.3M	-49.4M	-32.4M	-34.3M	-43.6M	-58.9M	-85.7M	—
Investing cash flow	-79.6M	-200.4M	-74.1M	-131.7M	-77.8M	-278.4M	-158.7M	-103.4M	-159.1M	-44.1M
Dividends paid	—	—	—	0	0	-35.3M	-62.7M	-63.1M	-84.7M	-87.6M
Share repurchases	0	0	-89.4M	0	-33.9M	0	-137.6M	-6.3M	-145.3M	-172.6M
Financing cash flow	14.8M	180.3M	7.7M	98.4M	-48.4M	247.7M	-218.6M	-73.3M	-231.8M	-256M
Net change in cash	5.8M	46.2M	28.7M	85.6M	49.6M	107.2M	-102.1M	159.1M	-59.9M	71.3M
Free cash flow	46.3M	37.1M	61.4M	72.9M	147.2M	101.3M	232.3M	278.6M	251.4M	300.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	68M	64.8M	55.9M	65.2M	68.6M	66.9M	45.4M	69M	74.4M	76.6M	34.8M	64.9M
Depreciation & amortization	31.6M	31.6M	32.1M	33.4M	33.7M	35.3M	35.2M	35.6M	35.9M	38.2M	37.7M	38.4M
Stock-based compensation	3.5M	5.3M	4M	4.7M	4.5M	6.2M	5.9M	5.3M	5.3M	5M	5.7M	6.2M
Change in working capital	10.4M	-11.1M	-6.3M	-27.1M	-3.7M	-34.1M	5.7M	-6.5M	4.9M	-57.3M	22.7M	-41.6M
Operating cash flow	111.5M	87.6M	83.8M	73.2M	100M	72.3M	90.2M	90.4M	124M	64.9M	102.3M	68.8M
Capital expenditure	-18M	-14.1M	-21.1M	-19.7M	-23.5M	-21.4M	-19.8M	—	—	—	—	—
Investing cash flow	-18.4M	-25.5M	-21.1M	-29.6M	-39.2M	-82.2M	-29.5M	1.1M	-18.7M	-30.4M	-29.2M	-20.9M
Dividends paid	-9.3M	-9.3M	-54.9M	-10.3M	-9.8M	-9.7M	-56.8M	-10.9M	-10M	-9.9M	-58.7M	-11.1M
Share repurchases	0	-6.3M	—	-45.7M	-20.7M	-78.9M	-34.3M	-49.2M	-51.4M	-37.7M	-25.4M	-76.3M
Financing cash flow	-9.5M	-16.6M	-50.1M	-56.6M	-36.4M	-88.7M	-94.9M	-58.4M	-58M	-44.7M	95.5M	-98.1M
Net change in cash	83.6M	45.5M	12.6M	-13M	24.4M	-98.6M	-34.2M	33.1M	47.3M	-10.2M	168.6M	-50.2M
Free cash flow	93.8M	75M	63M	58.2M	77.3M	52.9M	71.9M	74.8M	104.8M	49.3M	85.7M	51.9M

Installed Building Products, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement