IBP Stock - Installed Building Products, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $2.94B | $2.78B | $2.67B | $1.97B | $1.65B |
| Gross Profit | $994.50M | $930.70M | $827.78M | $589.45M | $509.97M |
| Gross Margin | 33.8% | 33.5% | 31.0% | 29.9% | 30.8% |
| Operating Income | $382.50M | $369.10M | $345.41M | $187.90M | $161.87M |
| Net Income | $256.60M | $243.70M | $223.40M | $118.80M | $97.24M |
| Net Margin | 8.7% | 8.8% | 8.4% | 6.0% | 5.9% |
| EPS | $9.15 | $8.65 | $7.78 | $4.04 | $3.30 |
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. 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 custom designed mirrors, as well as 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 services, as well as other complementary building products. 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. Installed Building Products, Inc. was founded in 1977 and is based in Columbus, Ohio.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 17th 2025 | Wells Fargo | Initiation | Equal Weight | - |
| October 20th 2025 | Vertical Research | Initiation | Sell | - |
| August 12th 2025 | Danske Bank | Downgrade | Hold | $252 |
| August 8th 2025 | Loop Capital | Downgrade | Hold | $255 |
| April 1st 2025 | Deutsche Bank | Initiation | Hold | $183 |
| December 16th 2024 | Evercore ISI | Downgrade | Underperform | $206← $238 |
| December 13th 2024 | Seaport Research Partners | Downgrade | Neutral | - |
| November 8th 2024 | RBC Capital Mkts | Downgrade | Underperform | $197← $203 |
| March 5th 2024 | DA Davidson | Initiation | Buy | $275 |
| February 28th 2024 | JP Morgan | Downgrade | Neutral | $242← $199 |
| January 8th 2024 | Loop Capital | Upgrade | Buy | - |
| January 4th 2024 | Truist | Downgrade | Hold | $200← $160 |
| December 14th 2023 | JP Morgan | Upgrade | Overweight | $199← $165 |
| November 16th 2023 | Goldman | Upgrade | Buy | $178← $146 |
| November 9th 2023 | Evercore ISI | Upgrade | Outperform | $165← $150 |
Earnings History & Surprises
IBPEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 6, 2026 | — | — | — | — |
Q1 2026 | Feb 26, 2026 | $2.83 | — | — | — |
Q4 2025 | Nov 5, 2025 | $2.69 | $3.18 | +18.2% | ✓ BEAT |
Q3 2025 | Aug 7, 2025 | $2.45 | $2.95 | +20.4% | ✓ BEAT |
Q2 2025 | May 8, 2025 | $2.18 | $2.08 | -4.6% | ✗ MISS |
Q1 2025 | Feb 27, 2025 | $2.91 | $2.90 | -0.3% | ✗ MISS |
Q4 2024 | Nov 7, 2024 | $3.02 | $2.85 | -5.6% | ✗ MISS |
Q3 2024 | Aug 1, 2024 | $2.89 | $3.02 | +4.5% | ✓ BEAT |
Q2 2024 | May 9, 2024 | $2.32 | $2.47 | +6.5% | ✓ BEAT |
Q1 2024 | Feb 22, 2024 | $2.45 | $2.72 | +11.0% | ✓ BEAT |
Q4 2023 | Nov 8, 2023 | $2.38 | $2.79 | +17.2% | ✓ BEAT |
Q3 2023 | Aug 2, 2023 | $2.25 | $2.62 | +16.4% | ✓ BEAT |
Q2 2023 | May 4, 2023 | $2.08 | $2.15 | +3.4% | ✓ BEAT |
Q1 2023 | Feb 22, 2023 | $2.16 | $2.43 | +12.5% | ✓ BEAT |
Q4 2022 | Nov 3, 2022 | $2.30 | $2.51 | +9.1% | ✓ BEAT |
Q3 2022 | Aug 4, 2022 | $1.94 | $2.48 | +27.8% | ✓ BEAT |
Q2 2022 | May 5, 2022 | $1.08 | $1.54 | +42.6% | ✓ BEAT |
Q1 2022 | Feb 24, 2022 | $1.53 | $1.42 | -7.2% | ✗ MISS |
Q4 2021 | Nov 4, 2021 | $1.63 | $1.49 | -8.6% | ✗ MISS |
Q3 2021 | Aug 5, 2021 | $1.47 | $1.59 | +8.2% | ✓ BEAT |
Latest News
Shares of household durable stocks are trading higher after the Fed cut rates by 25 basis points.
📈 PositiveShares of homebuilders and housing-linked stocks are trading higher after NY Fed President Williams indicated he sees room for a further policy adjustment in the near term. A rate cut could help lift housing demand and construction.
📈 PositiveRBC Capital Maintains Underperform on Installed Building Prods, Raises Price Target to $203
➖ NeutralInstalled Building Products shares are trading higher after the company reported better-than-expected Q3 financial results.
📈 PositiveInstalled Building Products Non-GAAP EPS of $3.18 beats by $0.42, revenue of $778.2M beats by $27.91M
📈 PositiveInstalled Building Prods Q3 Adj. EPS $3.18 Beats $2.74 Estimate, Sales $778.200M Beat $750.914M Estimate
📈 PositiveInstalled Building Products Acquires Echols Glass & Mirror And Vanderkoy Bros, Adding Over $16M Of Annual Revenue; Terms Undisclosed
📈 PositiveShares of housing-related stocks are trading higher, possibly amid rate cut hopes, which could boost the housing sector.
📈 PositiveInstalled Building Products Announces It Has Acquired Carolina Precision Fibers. CPF Generates Over $20M In Annual Revenue; Financial Terms Not Disclosed
📈 PositiveInstalled Building Products Expands With $20 Million Carolina Precision Fibers Deal, Strengthening Eco-Friendly Building Products
📈 PositiveFrequently Asked Questions about IBP
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