Installed Building Products, Inc. (IBP)

Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation for residential and commercial builders in the United States. It operates through three segments: Installation, Distribution, and Manufacturing Operations. It offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials. It is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical applications. In addition, the company installs a range of caulk and sealant products that control air infiltration in residential and commercial buildings; basic sliding door and complex custom designs; and standard and custom designed mirrors, as well as shower doors, and closet shelving systems. Further, it installs and services garage doors and openers, including steel, aluminum, wood, and vinyl garage doors, as well as opener systems; installs waterproofing and caulking and moisture protection systems; offers sheet and hot applied waterproofing membrane, deck coating, bentonite, and air and vapor systems; and provides rain gutters installation services. Additionally, the company provides fire-stopping systems, including fire-rated joint assemblies, perimeter fire containment, and smoke and fire containment systems installation services; and cordless blinds, shades, and shutters installation, as well as other complementary building products for new construction, repair, remodel, and commercial projects. It also distributes products and materials purchased wholesale from manufacturers, such as spray foam insulation, metal building insulation, residential insulation, and mechanical and fabricated Styrofoam insulation; and insulation products, including equipment, machines, and services. The company was formerly known as CCIB Holdco, Inc. The company was founded in 1977 and is based in Columbus, Ohio.

Symbol
IBP
Exchange
NYSE
Sector
Consumer Cyclical
Industry
Residential Construction
Market cap
$5.63B
52 week range
193.11 - 349

Valuation

Share price
$202.79 (close of 2026-09-23)
P/E (TTM)
22.74x
Price to book
8.81x
Price to free cash flow
19.31x
Enterprise value
$6.44B
Book value per share
$24.06

Price performance

PeriodChange
1 day+0.15%
5 days+1.58%
1 month-17.84%
3 months-3.75%
6 months-24.17%
Year to date-21.82%
1 year-21.16%
3 years+64.43%
5 years+78.23%
10 years+463.31%
All time+1484.30%

Profitability and growth

Return on equity
37.39%
Return on invested capital
21.37%
Return on assets
12.83%
Return on capital employed
22.42%
Gross margin
33.97%
Net margin
8.93%
EBITDA margin
15.23%
Revenue growth
1.00%
Net income growth
3.43%
Free cash flow growth
19.65%

Cash flow and balance sheet

Free cash flow yield (TTM)
5.18%
Current ratio
2.98x
Net debt to EBITDA
1.54x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$2.97B
Cost of revenue
$1.96B
Gross profit
$1.01B
EBITDA
$452.60M
Net income
$265.40M
Earnings per share
$9.76
Shares outstanding
27.20M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$2.97B$1.01B$265.40M$9.76
2024-12-31$2.94B$994.50M$256.60M$9.16
2023-12-31$2.78B$930.70M$243.70M$8.65
2022-12-31$2.67B$827.80M$223.40M$7.78
2021-12-31$1.97B$589.50M$118.80M$4.04
2020-12-31$1.65B$509.97M$97.24M$3.30
2019-12-31$1.51B$434.82M$68.16M$2.29
2018-12-31$1.34B$371.59M$54.75M$1.76
2017-12-31$1.13B$324.03M$41.14M$1.30
2016-12-31$862.98M$252.45M$38.44M$1.23

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3133.97%8.93%37.39%21.37%
2024-12-3133.81%8.72%36.38%21.59%
2023-12-3133.50%8.77%36.36%22.58%
2022-12-3131.01%8.37%45.27%21.94%
2021-12-3129.94%6.03%28.50%14.81%
2020-12-3130.85%5.88%30.46%18.00%
2019-12-3128.76%4.51%27.26%14.77%
2018-12-3127.80%4.10%30.00%13.89%
2017-12-3128.60%3.63%19.54%12.80%
2016-12-3129.25%4.45%24.96%15.43%

Cash and debt by year

Period endCashDebt
2025-12-31$321.90M$850.00M
2024-12-31$327.60M$842.40M
2023-12-31$386.50M$835.10M
2022-12-31$229.60M$830.20M
2021-12-31$333.49M$832.19M
2020-12-31$231.52M$541.96M
2019-12-31$215.85M$545.03M
2018-12-31$100.50M$432.18M
2017-12-31$92.56M$330.93M
2016-12-31$14.48M$134.24M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$300.80M$21.50M
2024-12-31$251.40M$19.40M
2023-12-31$278.60M$15.90M
2022-12-31$232.30M$13.80M
2021-12-31$101.30M$13.80M
2020-12-31$147.20M$10.83M
2019-12-31$72.90M$8.73M
2018-12-31$61.40M$7.84M
2017-12-31$37.10M$6.59M
2016-12-31$46.25M$1.89M

Dividend history

Most recent payment
2026-09-15
Paid in the last twelve months
$3.34
Payment dateDividend per share
2026-09-15$0.39
2026-06-15$0.39
2026-03-13$2.19
2025-12-15$0.37
2025-09-15$0.37
2025-06-13$0.37
2025-03-14$2.07
2024-12-13$0.35

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$2.72

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026$2.41
2026-05-07--
2026-02-26--
2025-11-05--
2025-08-07--
2025-05-08--
2025-02-27--
2024-11-07--

Filings and sources

Company website
installedbuildingproducts.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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