IBP
IBP
Installed Building Products, Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $747.5M ▼ | $152.7M ▼ | $76.6M ▲ | 10.25% ▲ | $2.85 ▲ | $320.8M ▲ |
| Q3-2025 | $778.2M ▲ | $157.4M ▼ | $74.4M ▲ | 9.56% ▲ | $2.75 ▲ | $142.7M ▲ |
| Q2-2025 | $760.3M ▲ | $158.9M ▲ | $69M ▲ | 9.08% ▲ | $2.53 ▲ | $137.3M ▲ |
| Q1-2025 | $684.8M ▼ | $153.9M ▲ | $45.4M ▼ | 6.63% ▼ | $1.65 ▼ | $105.2M ▼ |
| Q4-2024 | $750.2M | $153.3M | $66.9M | 8.92% | $2.41 | $133.8M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $321.9M ▼ | $2.07B ▲ | $1.36B ▼ | $709.9M ▲ |
| Q3-2025 | $333.3M ▲ | $2.05B ▲ | $1.37B ▲ | $678.6M ▲ |
| Q2-2025 | $305.2M ▲ | $2.02B ▲ | $1.36B ▲ | $664.5M ▲ |
| Q1-2025 | $298.7M ▼ | $2B ▼ | $1.34B ▼ | $660.9M ▼ |
| Q4-2024 | $327.6M | $2.06B | $1.35B | $705.3M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $330.2M ▲ | $64.9M ▲ | $-31.6M ▼ | $-44.7M ▲ | $-11.4M ▼ | $519.4M ▲ |
| Q3-2025 | $-56.7M ▼ | $-182.5M ▼ | $46.9M ▲ | $-58.7M ▲ | $28.1M ▲ | $-146.7M ▼ |
| Q2-2025 | $69M ▲ | $90.4M ▼ | $-17.1M ▲ | $-66.8M ▲ | $6.5M ▲ | $74.8M ▲ |
| Q1-2025 | $45.4M ▼ | $92.1M ▲ | $-26.1M ▲ | $-94.9M ▼ | $-28.9M ▲ | $71.9M ▲ |
| Q4-2024 | $66.9M | $74.8M | $-64.7M | $-88.7M | $-78.6M | $52.9M |
Revenue by Products
| Product | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
Fireproofing And Firestopping | $20.00M ▲ | $30.00M ▲ | $30.00M ▲ | $40.00M ▲ |
Garage Doors | $40.00M ▲ | $40.00M ▲ | $40.00M ▲ | $40.00M ▲ |
Insulation | $410.00M ▲ | $450.00M ▲ | $440.00M ▼ | $410.00M ▼ |
Other Building Products | $40.00M ▲ | $50.00M ▲ | $50.00M ▲ | $50.00M ▲ |
Product and Service Other | $40.00M ▲ | $40.00M ▲ | $60.00M ▲ | $0 ▼ |
Product Installation | $650.00M ▲ | $720.00M ▲ | $720.00M ▲ | $680.00M ▼ |
Rain Gutters | $30.00M ▲ | $30.00M ▲ | $40.00M ▲ | $30.00M ▼ |
Shower Doors Shelving And Mirrors | $50.00M ▲ | $60.00M ▲ | $60.00M ▲ | $50.00M ▼ |
Waterproofing | $30.00M ▲ | $40.00M ▲ | $40.00M ▲ | $40.00M ▲ |
Window Blinds | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ |
Q4 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Installed Building Products, Inc.'s financial evolution and strategic trajectory over the past five years.
IBP combines strong current profitability and cash generation with a leading market position in a niche where scale and local relationships matter. Its balance sheet shows ample liquidity and solid equity support, while free cash flow provides room to fund acquisitions and other strategic priorities. The diversified mix of products and end markets, together with a well‑tested acquisition engine, gives the company multiple levers to drive growth and maintain relevance with both national and local builders.
Key risks include the cyclical nature of residential and commercial construction, which can affect volumes and pricing, and the company’s reliance on acquisitions, which introduces integration, cultural, and valuation risks. The balance sheet carries meaningful debt and a large block of goodwill and intangibles, which could become pressure points if earnings soften or deals underperform. Limited explicit R&D and dependence on non‑proprietary products mean competitive advantages rest primarily on execution, scale, and relationships rather than on unique technology.
Assuming construction markets remain reasonably healthy, IBP appears positioned to continue generating solid profits and cash flows, supported by its scale, diversification, and acquisition strategy. The company’s focus on sustainability, expansion into commercial and multi‑family segments, and potential use of technology to enhance efficiency all point to ongoing opportunities for incremental improvement. At the same time, its future performance will be closely tied to the broader building cycle and its ability to balance growth, leverage, and integration quality, so outcomes carry the usual uncertainties associated with a cyclical, acquisition‑driven business.
About Installed Building Products, Inc.
https://www.installedbuildingproducts.co...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. The company offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $747.5M ▼ | $152.7M ▼ | $76.6M ▲ | 10.25% ▲ | $2.85 ▲ | $320.8M ▲ |
| Q3-2025 | $778.2M ▲ | $157.4M ▼ | $74.4M ▲ | 9.56% ▲ | $2.75 ▲ | $142.7M ▲ |
| Q2-2025 | $760.3M ▲ | $158.9M ▲ | $69M ▲ | 9.08% ▲ | $2.53 ▲ | $137.3M ▲ |
| Q1-2025 | $684.8M ▼ | $153.9M ▲ | $45.4M ▼ | 6.63% ▼ | $1.65 ▼ | $105.2M ▼ |
| Q4-2024 | $750.2M | $153.3M | $66.9M | 8.92% | $2.41 | $133.8M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $321.9M ▼ | $2.07B ▲ | $1.36B ▼ | $709.9M ▲ |
| Q3-2025 | $333.3M ▲ | $2.05B ▲ | $1.37B ▲ | $678.6M ▲ |
| Q2-2025 | $305.2M ▲ | $2.02B ▲ | $1.36B ▲ | $664.5M ▲ |
| Q1-2025 | $298.7M ▼ | $2B ▼ | $1.34B ▼ | $660.9M ▼ |
| Q4-2024 | $327.6M | $2.06B | $1.35B | $705.3M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $330.2M ▲ | $64.9M ▲ | $-31.6M ▼ | $-44.7M ▲ | $-11.4M ▼ | $519.4M ▲ |
| Q3-2025 | $-56.7M ▼ | $-182.5M ▼ | $46.9M ▲ | $-58.7M ▲ | $28.1M ▲ | $-146.7M ▼ |
| Q2-2025 | $69M ▲ | $90.4M ▼ | $-17.1M ▲ | $-66.8M ▲ | $6.5M ▲ | $74.8M ▲ |
| Q1-2025 | $45.4M ▼ | $92.1M ▲ | $-26.1M ▲ | $-94.9M ▼ | $-28.9M ▲ | $71.9M ▲ |
| Q4-2024 | $66.9M | $74.8M | $-64.7M | $-88.7M | $-78.6M | $52.9M |
Revenue by Products
| Product | Q1-2025 | Q2-2025 | Q3-2025 | Q4-2025 |
|---|---|---|---|---|
Fireproofing And Firestopping | $20.00M ▲ | $30.00M ▲ | $30.00M ▲ | $40.00M ▲ |
Garage Doors | $40.00M ▲ | $40.00M ▲ | $40.00M ▲ | $40.00M ▲ |
Insulation | $410.00M ▲ | $450.00M ▲ | $440.00M ▼ | $410.00M ▼ |
Other Building Products | $40.00M ▲ | $50.00M ▲ | $50.00M ▲ | $50.00M ▲ |
Product and Service Other | $40.00M ▲ | $40.00M ▲ | $60.00M ▲ | $0 ▼ |
Product Installation | $650.00M ▲ | $720.00M ▲ | $720.00M ▲ | $680.00M ▼ |
Rain Gutters | $30.00M ▲ | $30.00M ▲ | $40.00M ▲ | $30.00M ▼ |
Shower Doors Shelving And Mirrors | $50.00M ▲ | $60.00M ▲ | $60.00M ▲ | $50.00M ▼ |
Waterproofing | $30.00M ▲ | $40.00M ▲ | $40.00M ▲ | $40.00M ▲ |
Window Blinds | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ | $20.00M ▲ |
Q4 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Installed Building Products, Inc.'s financial evolution and strategic trajectory over the past five years.
IBP combines strong current profitability and cash generation with a leading market position in a niche where scale and local relationships matter. Its balance sheet shows ample liquidity and solid equity support, while free cash flow provides room to fund acquisitions and other strategic priorities. The diversified mix of products and end markets, together with a well‑tested acquisition engine, gives the company multiple levers to drive growth and maintain relevance with both national and local builders.
Key risks include the cyclical nature of residential and commercial construction, which can affect volumes and pricing, and the company’s reliance on acquisitions, which introduces integration, cultural, and valuation risks. The balance sheet carries meaningful debt and a large block of goodwill and intangibles, which could become pressure points if earnings soften or deals underperform. Limited explicit R&D and dependence on non‑proprietary products mean competitive advantages rest primarily on execution, scale, and relationships rather than on unique technology.
Assuming construction markets remain reasonably healthy, IBP appears positioned to continue generating solid profits and cash flows, supported by its scale, diversification, and acquisition strategy. The company’s focus on sustainability, expansion into commercial and multi‑family segments, and potential use of technology to enhance efficiency all point to ongoing opportunities for incremental improvement. At the same time, its future performance will be closely tied to the broader building cycle and its ability to balance growth, leverage, and integration quality, so outcomes carry the usual uncertainties associated with a cyclical, acquisition‑driven business.

CEO
Jeffrey W. Edwards
Compensation Summary
(Year 2024)
Upcoming Earnings
ETFs Holding This Stock
Summary
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Ratings Snapshot
Rating : B
Most Recent Analyst Grades
Wells Fargo
Equal Weight
Evercore ISI Group
In Line
RBC Capital
Underperform
Benchmark
Hold
JP Morgan
Underweight
Jefferies
Hold
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