Installed Building Products (IBP) Financials

$171.20 +0.28 (+0.16%)

As of 11:24 AM Eastern

Annual Income Statements for Installed Building Products

This table shows Installed Building Products' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	27	38	42	54	61	97	127	264	237	258
Consolidated Net Income / (Loss)	27	38	41	55	68	97	119	223	244	257
Net Income / (Loss) Continuing Operations	27	38	41	55	68	97	119	223	244	257
Total Pre-Tax Income	42	60	56	72	93	131	156	303	333	346
Total Operating Income	45	66	74	93	121	162	188	345	369	383
Total Gross Profit	188	252	324	372	435	510	590	828	931	995
Total Revenue	663	863	1,133	1,336	1,512	1,653	1,969	2,670	2,779	2,941
Operating Revenue	663	863	1,133	1,336	1,512	1,653	1,969	2,670	2,779	2,941
Total Cost of Revenue	474	611	809	965	1,077	1,143	1,379	1,842	1,848	1,947
Operating Cost of Revenue	474	611	809	965	1,077	1,143	1,379	1,842	1,848	1,947
Total Operating Expenses	143	186	250	278	314	348	402	482	562	612
Selling, General & Admin Expense	137	175	223	253	289	320	366	455	517	565
Amortization Expense	6.26	11	27	25	25	29	37	44	45	43
Impairment Charge	-	-	-	-	-	-	-	0.00	0.00	4.90
Other Special Charges / (Income)	-	-	-	-	-	-0.19	-1.10	-16	0.00	0.00
Total Other Income / (Expense), net	-3.02	-6.44	-18	-21	-29	-31	-32	-42	-36	-36
Interest Expense	3.74	6.18	17	20	28	30	33	42	37	37
Other Income / (Expense), net	0.72	-0.26	-0.56	-0.54	-0.45	-0.40	0.40	-0.50	1.00	0.80
Income Tax Expense	15	21	15	17	24	34	37	80	89	90
Basic Earnings per Share	$0.85	$1.23	$1.30	$1.76	$2.29	$3.30	$4.04	$7.78	$8.65	$9.16
Weighted Average Basic Shares Outstanding	31.30M	31.30M	31.64M	31.11M	29.75M	29.50M	29.37M	28.71M	28.16M	28.03M
Diluted Earnings per Share	$0.85	$1.23	$1.30	$1.75	$2.28	$3.27	$4.01	$7.74	$8.61	$9.10
Weighted Average Diluted Shares Outstanding	31.33M	31.36M	31.76M	31.23M	29.87M	29.72M	29.63M	28.87M	28.31M	28.19M
Weighted Average Basic & Diluted Shares Outstanding	31.20M	31.20M	31.60M	31.10M	30.02M	29.62M	33.27M	28.31M	28.37M	27.76M
Cash Dividends to Common per Share	-	-	-	-	$0.00	$0.00	$1.20	$2.16	$2.22	$3.00

This table shows Installed Building Products' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	75	95	43	67	74	53	61	65	58	74
Consolidated Net Income / (Loss)	61	69	49	62	68	65	56	65	69	67
Net Income / (Loss) Continuing Operations	61	69	49	62	68	65	56	65	69	67
Total Pre-Tax Income	83	93	67	83	93	90	76	87	94	89
Total Operating Income	94	102	77	92	102	98	88	95	101	99
Total Gross Profit	221	217	210	233	242	246	235	251	257	252
Total Revenue	719	686	659	692	707	721	693	738	761	750
Operating Revenue	719	686	659	692	707	721	693	738	761	750
Total Cost of Revenue	498	469	449	460	464	475	458	486	504	498
Operating Cost of Revenue	498	469	449	460	464	475	458	486	504	498
Total Operating Expenses	127	115	134	140	140	148	147	157	156	153
Selling, General & Admin Expense	116	121	122	129	129	137	136	141	145	143
Amortization Expense	11	10	11	11	11	11	11	11	11	11
Total Other Income / (Expense), net	-11	-9.73	-9.50	-9.60	-9.50	-7.40	-12	-8.10	-7.40	-9.10
Interest Expense	11	9.93	9.70	9.80	9.70	7.80	12	8.20	7.70	9.10
Income Tax Expense	22	24	18	21	25	25	21	22	25	23
Basic Earnings per Share	$2.14	$2.41	$1.76	$2.19	$2.41	$2.29	$1.98	$2.32	$2.45	$2.41
Weighted Average Basic Shares Outstanding	28.48M	28.71M	28.08M	28.17M	28.20M	28.16M	28.17M	28.17M	27.99M	28.03M
Diluted Earnings per Share	$2.13	$2.40	$1.74	$2.18	$2.40	$2.29	$1.97	$2.30	$2.44	$2.39
Weighted Average Diluted Shares Outstanding	28.60M	28.87M	28.28M	28.27M	28.32M	28.31M	28.39M	28.32M	28.12M	28.19M
Weighted Average Basic & Diluted Shares Outstanding	28.60M	28.31M	28.40M	28.41M	28.41M	28.37M	28.45M	28.23M	28.14M	27.76M
Cash Dividends to Common per Share	$0.32	$0.30	$1.23	$0.33	$0.33	$0.33	$1.95	$0.35	$0.35	$0.35

This table details how cash moves in and out of Installed Building Products' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-3.94	7.66	48	28	87	54	102	-104	157	-59
Net Cash From Operating Activities	35	73	69	97	123	181	138	278	340	340
Net Cash From Continuing Operating Activities	35	73	69	97	123	181	138	278	340	340
Net Income / (Loss) Continuing Operations	27	38	41	55	68	97	119	223	244	257
Consolidated Net Income / (Loss)	27	38	41	55	68	97	119	223	244	257
Depreciation Expense	17	24	28	33	39	41	44	47	52	59
Amortization Expense	6.53	12	28	27	41	48	61	72	75	77
Non-Cash Adjustments To Reconcile Net Income	1.51	4.85	11	11	17	16	19	42	9.00	17
Changes in Operating Assets and Liabilities, net	-17	-5.24	-40	-29	-42	-22	-104	-107	-40	-70
Net Cash From Investing Activities	-111	-80	-200	-74	-132	-78	-278	-159	-103	-159
Net Cash From Continuing Investing Activities	-111	-80	-200	-74	-132	-78	-278	-159	-103	-159
Purchase of Property, Plant & Equipment	-27	-27	-32	-35	-50	-34	-37	-46	-62	-89
Acquisitions	-84	-53	-137	-58	-52	-76	-241	-114	-60	-89
Purchase of Investments	0.00	0.00	-30	-23	-53	-0.78	0.00	-344	0.00	0.00
Sale of Property, Plant & Equipment	0.63	0.69	0.96	1.96	0.76	1.19	2.70	2.00	2.70	2.90
Sale and/or Maturity of Investments	-	0.00	0.00	43	25	39	0.00	345	0.00	0.00
Other Investing Activities, net	-0.42	0.04	-2.42	-3.02	-2.89	-6.87	-2.80	-2.20	15	15
Net Cash From Financing Activities	73	14	180	5.37	96	-49	242	-223	-80	-240
Net Cash From Continuing Financing Activities	73	14	180	5.37	96	-49	242	-223	-80	-240
Repayment of Debt	-189	-156	-123	-24	-228	-29	264	-36	-35	-25
Repurchase of Common Equity	-6.10	0.00	0.00	-89	0.00	-34	0.00	-142	-13	-153
Payment of Dividends	-3.15	-3.06	-4.46	-3.95	-6.73	-6.28	-44	-74	-68	-87
Issuance of Debt	221	161	322	125	333	21	28	31	39	29
Other Financing Activities, net	50	12	-15	-2.28	-2.33	-0.97	-5.60	-2.30	-2.90	-3.00
Cash Interest Paid	3.29	5.34	14	20	21	26	26	40	43	44
Cash Income Taxes Paid	13	19	39	4.95	23	37	39	69	93	84

This table details how cash moves in and out of Installed Building Products' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	133	26	-11	37	85	47	13	-20	26	-79
Net Cash From Operating Activities	99	79	74	64	112	90	85	79	101	75
Net Cash From Continuing Operating Activities	99	79	74	64	112	90	85	79	101	75
Net Income / (Loss) Continuing Operations	61	69	49	62	68	65	56	65	69	67
Consolidated Net Income / (Loss)	61	69	49	62	68	65	56	65	69	67
Depreciation Expense	12	12	13	13	13	14	14	14	15	16
Amortization Expense	32	17	19	19	19	19	19	20	19	20
Non-Cash Adjustments To Reconcile Net Income	16	2.93	2.00	1.60	2.00	3.40	2.70	7.10	2.40	4.60
Changes in Operating Assets and Liabilities, net	-21	-22	-9.20	-31	10	-11	-6.30	-27	-3.70	-32
Net Cash From Investing Activities	58	-19	-48	-12	-18	-26	-21	-34	-39	-65
Net Cash From Continuing Investing Activities	58	-19	-48	-12	-18	-26	-21	-34	-39	-65
Purchase of Property, Plant & Equipment	-11	-10	-15	-13	-19	-15	-22	-21	-24	-22
Acquisitions	-3.32	-38	-38	-2.20	-4.60	-15	-4.10	-19	-19	-47
Sale of Property, Plant & Equipment	0.59	0.58	0.70	0.80	0.60	0.60	0.70	1.10	0.60	0.50
Other Investing Activities, net	1.07	3.77	4.60	2.90	4.20	3.40	4.10	4.20	3.50	3.40
Net Cash From Financing Activities	-24	-34	-37	-16	-9.40	-18	-50	-65	-36	-89
Net Cash From Continuing Financing Activities	-24	-34	-37	-16	-9.40	-18	-50	-65	-36	-89
Repayment of Debt	-8.43	-8.06	-8.30	-9.00	-9.00	-8.70	0.90	-9.20	-8.50	-8.50
Repurchase of Common Equity	-13	-25	0.00	-5.90	0.10	-7.10	-0.20	-54	-21	-79
Payment of Dividends	-9.34	-11	-36	-11	-9.80	-11	-55	-11	-10	-10
Issuance of Debt	7.17	10	8.10	10	10	10	5.20	9.80	3.80	9.90
Other Financing Activities, net	-0.58	-0.64	-0.70	-0.70	-0.80	-0.70	-0.80	-0.70	-0.70	-0.80
Cash Interest Paid	18	-0.34	15	6.10	16	6.20	16	6.40	15	6.70
Cash Income Taxes Paid	21	26	1.50	43	20	28	0.80	42	20	21

This table presents Installed Building Products' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	374	462	739	835	1,099	1,188	1,653	1,779	1,981	2,060
Total Current Assets	150	192	355	412	582	624	859	884	1,070	1,055
Cash & Equivalents	6.82	14	63	90	178	232	333	230	387	328
Accounts Receivable	103	128	181	214	245	267	313	397	423	434
Inventories, net	29	40	48	61	75	77	143	177	163	195
Prepaid Expenses	-	-	-	-	47	49	70	81	97	99
Plant, Property, & Equipment, net	58	68	81	90	106	0.00	0.00	0.00	137	175
Total Noncurrent Assets	166	202	303	333	411	564	794	895	774	830
Goodwill	91	107	155	173	196	217	323	374	399	433
Intangible Assets	67	86	138	150	154	171	264	283	269	271
Other Noncurrent Operating Assets	8.02	8.51	9.27	10	62	175	207	238	107	127
Total Liabilities & Shareholders' Equity	374	462	739	835	1,099	1,188	1,653	1,779	1,981	2,060
Total Liabilities	259	308	528	652	849	868	1,236	1,285	1,311	1,355
Total Current Liabilities	97	130	160	182	214	236	308	328	346	359
Short-Term Debt	18	24	22	27	40	44	31	31	32	32
Accounts Payable	51	68	87	97	99	101	133	149	159	147
Current Employee Benefit Liabilities	14	18	25	28	34	46	51	52	60	66
Other Current Liabilities	14	20	25	29	42	45	93	96	96	114
Total Noncurrent Liabilities	162	178	368	470	635	632	929	957	965	996
Long-Term Debt	113	134	331	432	545	542	832	830	835	842
Noncurrent Deferred & Payable Income Tax Liabilities	15	14	6.44	6.70	9.18	0.04	4.82	28	25	26
Other Noncurrent Operating Liabilities	22	21	25	28	77	88	88	92	105	127
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	114	154	211	182	250	319	417	494	670	705
Total Preferred & Common Equity	114	154	211	182	250	319	417	494	670	705
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	114	154	211	182	250	319	417	494	670	705
Common Stock	157	159	174	182	191	200	212	229	245	262
Retained Earnings	-31	7.29	48	105	173	269	353	513	694	866
Treasury Stock	-11	-12	-13	-104	-107	-142	-147	-289	-302	-457
Accumulated Other Comprehensive Income / (Loss)	-	0.00	0.51	-0.43	-7.14	-8.76	-0.23	41	34	35

This table presents Installed Building Products' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	1,764	1,168	1,836	1,921	2,003	2,025	2,073
Total Current Assets	898	863	918	1,000	1,079	1,087	1,125
Cash & Equivalents	203	-	255	340	400	380	406
Accounts Receivable	416	398	417	427	426	440	451
Inventories, net	182	170	163	160	171	176	182
Prepaid Expenses	72	76	83	73	83	92	85
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	866	524	918	921	924	938	948
Goodwill	357	-	393	395	400	406	415
Intangible Assets	276	290	279	271	261	257	256
Other Noncurrent Operating Assets	233	235	245	255	263	275	277
Total Liabilities & Shareholders' Equity	1,764	1,780	1,836	1,921	2,003	2,025	2,073
Total Liabilities	1,306	1,274	1,275	1,293	1,324	1,340	1,356
Total Current Liabilities	359	316	315	325	340	353	377
Short-Term Debt	56	57	61	32	60	32	32
Accounts Payable	156	135	138	144	157	158	169
Current Employee Benefit Liabilities	61	46	52	61	47	57	69
Other Current Liabilities	85	79	64	88	76	107	107
Total Noncurrent Liabilities	948	958	961	968	984	987	979
Long-Term Debt	828	830	831	833	843	844	841
Capital Lease Obligations	5.47	6.56	7.00	6.91	6.90	6.70	6.00
Noncurrent Deferred & Payable Income Tax Liabilities	20	26	28	30	26	26	22
Other Noncurrent Operating Liabilities	94	95	95	98	108	111	111
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	458	505	561	628	679	685	716
Total Preferred & Common Equity	458	505	561	628	679	685	716
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	458	505	561	628	679	685	716
Common Stock	226	233	236	240	249	253	257
Retained Earnings	453	527	580	638	694	750	808
Treasury Stock	-264	-289	-295	-295	-302	-356	-377
Accumulated Other Comprehensive Income / (Loss)	42	34	40	45	38	38	28

This table displays calculated financial ratios and metrics derived from Installed Building Products' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	27.93%	30.22%	31.28%	17.96%	13.11%	9.37%	19.08%	35.61%	4.08%	5.86%
EBITDA Growth	69.03%	46.01%	28.66%	17.41%	31.71%	24.80%	16.71%	58.69%	7.15%	4.36%
EBIT Growth	77.33%	44.05%	12.04%	25.74%	30.24%	33.77%	16.62%	83.17%	7.31%	3.57%
NOPAT Growth	79.51%	49.81%	28.52%	29.17%	26.14%	34.55%	19.64%	77.22%	6.14%	4.93%
Net Income Growth	90.33%	44.95%	7.04%	33.08%	24.50%	42.66%	22.17%	88.05%	9.09%	5.29%
EPS Growth	525.00%	44.71%	5.69%	34.62%	30.29%	43.42%	22.63%	93.02%	11.24%	5.69%
Operating Cash Flow Growth	76.24%	112.08%	-6.13%	40.51%	27.36%	46.90%	-23.50%	100.94%	22.42%	-0.06%
Free Cash Flow Firm Growth	-845.92%	86.05%	-850.28%	102.51%	315.39%	442.77%	-296.26%	155.89%	244.99%	-27.35%
Invested Capital Growth	86.39%	21.83%	56.00%	14.19%	14.11%	8.64%	40.44%	19.14%	1.73%	8.81%
Revenue Q/Q Growth	7.50%	5.18%	6.18%	4.15%	3.29%	2.49%	4.92%	6.07%	1.25%	1.01%
EBITDA Q/Q Growth	17.16%	5.25%	2.24%	7.02%	7.83%	5.08%	2.89%	13.65%	-0.40%	0.80%
EBIT Q/Q Growth	18.11%	4.55%	-3.39%	12.35%	7.28%	6.59%	2.11%	18.55%	-1.25%	0.13%
NOPAT Q/Q Growth	14.12%	7.12%	9.03%	5.83%	5.20%	7.45%	2.49%	18.06%	-2.12%	1.30%
Net Income Q/Q Growth	18.99%	4.90%	-0.70%	11.58%	4.15%	9.76%	1.34%	21.34%	-1.57%	0.83%
EPS Q/Q Growth	0.00%	4.24%	-0.76%	12.18%	5.07%	9.73%	1.52%	22.27%	-1.26%	1.11%
Operating Cash Flow Q/Q Growth	1.55%	22.08%	-4.52%	14.66%	-8.36%	12.69%	-9.83%	26.04%	3.17%	-4.20%
Free Cash Flow Firm Q/Q Growth	-11.32%	50.69%	6.10%	-34.41%	-77.09%	60.03%	-370.95%	166.94%	7.17%	-27.75%
Invested Capital Q/Q Growth	12.49%	6.29%	3.25%	3.90%	11.85%	7.88%	19.54%	1.17%	-0.82%	5.38%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	28.41%	29.25%	28.60%	27.80%	28.77%	30.85%	29.94%	31.01%	33.50%	33.81%
EBITDA Margin	10.44%	11.70%	11.47%	11.42%	13.29%	15.17%	14.87%	17.40%	17.91%	17.66%
Operating Margin	6.78%	7.65%	6.56%	6.98%	8.02%	9.79%	9.54%	12.94%	13.28%	13.00%
EBIT Margin	6.89%	7.62%	6.51%	6.94%	7.99%	9.77%	9.56%	12.92%	13.32%	13.03%
Profit (Net Income) Margin	4.00%	4.45%	3.63%	4.10%	4.51%	5.88%	6.03%	8.37%	8.77%	8.72%
Tax Burden Percent	63.24%	64.48%	73.70%	75.84%	73.60%	74.13%	76.40%	73.66%	73.16%	74.08%
Interest Burden Percent	91.81%	90.61%	75.73%	77.89%	76.72%	81.24%	82.58%	87.94%	90.00%	90.37%
Effective Tax Rate	36.76%	35.52%	26.30%	24.16%	26.40%	25.87%	23.60%	26.34%	26.84%	25.92%
Return on Invested Capital (ROIC)	14.72%	15.28%	13.96%	13.82%	15.27%	18.48%	17.66%	24.45%	23.66%	23.58%
ROIC Less NNEP Spread (ROIC-NNEP)	12.60%	12.40%	7.48%	8.76%	9.56%	12.24%	12.09%	19.15%	18.95%	18.37%
Return on Net Nonoperating Assets (RNNOA)	10.98%	13.36%	8.61%	14.04%	16.25%	15.69%	14.62%	24.63%	18.22%	13.73%
Return on Equity (ROE)	25.70%	28.63%	22.57%	27.86%	31.52%	34.17%	32.28%	49.08%	41.88%	37.31%
Cash Return on Invested Capital (CROIC)	-45.61%	-4.41%	-29.78%	0.57%	2.09%	10.19%	-15.98%	6.98%	21.94%	15.14%
Operating Return on Assets (OROA)	15.03%	15.74%	12.28%	11.78%	12.48%	14.12%	13.26%	20.10%	19.69%	18.97%
Return on Assets (ROA)	8.73%	9.20%	6.85%	6.96%	7.05%	8.50%	8.36%	13.02%	12.96%	12.70%
Return on Common Equity (ROCE)	25.70%	28.63%	22.57%	27.86%	31.52%	34.17%	32.28%	49.08%	41.88%	37.31%
Return on Equity Simple (ROE_SIMPLE)	23.16%	24.96%	19.54%	30.00%	27.26%	30.47%	28.50%	45.27%	36.36%	36.38%
Net Operating Profit after Tax (NOPAT)	28	43	55	71	89	120	144	254	270	283
NOPAT Margin	4.29%	4.94%	4.83%	5.29%	5.90%	7.26%	7.29%	9.53%	9.72%	9.63%
Net Nonoperating Expense Percent (NNEP)	2.13%	2.87%	6.48%	5.06%	5.72%	6.24%	5.56%	5.30%	4.71%	5.20%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	18.69%	17.56%	17.93%
Cost of Revenue to Revenue	71.59%	70.75%	71.40%	72.20%	71.24%	69.15%	70.06%	68.99%	66.50%	66.19%
SG&A Expenses to Revenue	20.68%	20.29%	19.68%	18.93%	19.13%	19.34%	18.57%	17.03%	18.61%	19.20%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	21.63%	21.60%	22.05%	20.83%	20.75%	21.06%	20.40%	18.07%	20.21%	20.81%
Earnings before Interest and Taxes (EBIT)	46	66	74	93	121	161	188	345	370	383
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	69	101	130	153	201	251	293	465	498	519
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.40	7.95	10.81	5.42	7.78	8.95	9.46	4.81	7.65	6.99
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1,830.91	2,241.74
Price to Revenue (P/Rev)	1.11	1.42	2.01	0.74	1.29	1.73	2.00	0.89	1.85	1.68
Price to Earnings (P/E)	27.63	31.83	54.67	18.43	31.65	29.39	30.98	8.98	21.65	19.12
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.90%	1.52%	0.73%	1.51%
Earnings Yield	3.62%	3.14%	1.83%	5.43%	3.16%	3.40%	3.23%	11.14%	4.62%	5.23%
Enterprise Value to Invested Capital (EV/IC)	3.46	4.49	5.33	2.48	3.72	4.75	4.71	2.66	4.87	4.37
Enterprise Value to Revenue (EV/Rev)	1.31	1.59	2.25	1.01	1.53	1.94	2.27	1.13	2.02	1.86
Enterprise Value to EBITDA (EV/EBITDA)	12.57	13.62	19.58	8.87	11.53	12.82	15.29	6.48	11.27	10.55
Enterprise Value to EBIT (EV/EBIT)	19.04	20.91	34.51	14.59	19.20	19.91	23.77	8.73	15.15	14.29
Enterprise Value to NOPAT (EV/NOPAT)	30.59	32.30	46.48	19.13	25.99	26.79	31.18	11.83	20.77	19.34
Enterprise Value to Operating Cash Flow (EV/OCF)	25.17	18.78	36.99	14.00	18.83	17.78	32.37	10.83	16.48	16.11
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	460.78	190.03	48.57	0.00	41.47	22.39	30.11
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.26	1.08	1.71	2.54	2.35	1.84	2.08	1.76	1.29	1.24
Long-Term Debt to Equity	1.09	0.93	1.60	2.39	2.19	1.71	2.00	1.70	1.25	1.19
Financial Leverage	0.87	1.08	1.15	1.60	1.70	1.28	1.21	1.29	0.96	0.75
Leverage Ratio	2.95	3.11	3.29	4.00	4.47	4.02	3.86	3.77	3.23	2.94
Compound Leverage Factor	2.70	2.82	2.49	3.12	3.43	3.26	3.19	3.32	2.91	2.66
Debt to Total Capital	55.65%	51.99%	63.08%	71.75%	70.17%	64.84%	67.51%	63.74%	56.41%	55.36%
Short-Term Debt to Total Capital	7.14%	7.52%	3.91%	4.25%	4.73%	4.87%	2.40%	2.28%	2.09%	2.05%
Long-Term Debt to Total Capital	48.51%	44.47%	59.17%	67.50%	65.45%	59.97%	65.11%	61.47%	54.31%	53.31%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	44.35%	48.01%	36.92%	28.25%	29.83%	35.16%	32.49%	36.26%	43.59%	44.64%
Debt to EBITDA	2.08	1.65	2.77	3.04	2.93	2.35	2.96	1.87	1.74	1.68
Net Debt to EBITDA	1.98	1.51	2.06	2.38	1.85	1.42	1.82	1.37	0.97	1.05
Long-Term Debt to EBITDA	1.81	1.41	2.60	2.86	2.73	2.17	2.85	1.80	1.68	1.62
Debt to NOPAT	5.05	3.91	6.57	6.56	6.60	4.91	6.03	3.41	3.21	3.09
Net Debt to NOPAT	4.81	3.57	4.88	5.13	4.18	2.98	3.71	2.51	1.78	1.93
Long-Term Debt to NOPAT	4.41	3.35	6.16	6.17	6.15	4.54	5.82	3.29	3.09	2.97
Altman Z-Score	3.93	4.90	4.86	3.39	3.73	4.52	4.18	4.03	5.29	5.22
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.54	1.48	2.22	2.27	2.72	2.64	2.79	2.70	3.09	2.94
Quick Ratio	1.13	1.10	1.71	1.73	2.15	2.11	2.10	1.91	2.34	2.12
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-88	-12	-117	2.94	12	66	-130	73	250	182
Operating Cash Flow to CapEx	129.53%	278.35%	223.95%	290.42%	249.09%	557.99%	403.21%	637.39%	577.59%	396.73%
Free Cash Flow to Firm to Interest Expense	-23.56	-1.99	-6.72	0.14	0.43	2.19	-3.96	1.75	6.77	4.93
Operating Cash Flow to Interest Expense	9.24	11.86	3.96	4.71	4.38	5.97	4.22	6.68	9.19	9.21
Operating Cash Flow Less CapEx to Interest Expense	2.11	7.60	2.19	3.09	2.62	4.90	3.17	5.63	7.60	6.89
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.18	2.07	1.89	1.70	1.56	1.45	1.39	1.56	1.48	1.46
Accounts Receivable Turnover	7.55	7.45	7.33	6.77	6.59	6.47	6.80	7.52	6.77	6.86
Inventory Turnover	17.80	17.55	18.26	17.62	15.86	15.06	12.53	11.53	10.89	10.89
Fixed Asset Turnover	13.67	13.77	15.22	15.61	15.38	0.00	0.00	0.00	0.00	18.85
Accounts Payable Turnover	9.74	10.28	10.41	10.47	11.00	11.41	11.78	13.07	12.01	12.76
Days Sales Outstanding (DSO)	48.32	48.99	49.81	53.92	55.37	56.42	53.70	48.53	53.89	53.19
Days Inventory Outstanding (DIO)	20.51	20.79	19.98	20.71	23.01	24.23	29.14	31.67	33.52	33.50
Days Payable Outstanding (DPO)	37.49	35.51	35.05	34.87	33.19	31.98	30.99	27.93	30.40	28.61
Cash Conversion Cycle (CCC)	31.34	34.28	34.74	39.76	45.19	48.67	51.86	52.27	57.01	58.08
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	251	306	478	545	622	676	950	1,132	1,151	1,253
Invested Capital Turnover	3.43	3.10	2.89	2.61	2.59	2.55	2.42	2.57	2.43	2.45
Increase / (Decrease) in Invested Capital	116	55	171	68	77	54	273	182	20	101
Enterprise Value (EV)	870	1,376	2,544	1,353	2,317	3,215	4,476	3,011	5,607	5,479
Market Capitalization	733	1,223	2,277	990	1,945	2,858	3,944	2,373	5,127	4,932
Book Value per Share	$3.65	$4.89	$6.61	$5.84	$8.33	$10.71	$14.03	$17.25	$23.59	$25.06
Tangible Book Value per Share	($1.38)	($1.25)	($2.60)	($4.49)	($3.30)	($2.32)	($5.73)	($5.72)	$0.10	$0.08
Total Capital	258	321	570	646	838	908	1,283	1,361	1,538	1,580
Total Debt	144	167	360	463	588	589	866	868	867	875
Total Long-Term Debt	125	143	337	436	549	544	835	837	835	842
Net Debt	137	152	267	363	372	357	533	638	481	547
Capital Expenditures (CapEx)	27	26	31	33	49	32	34	44	59	86
Debt-free, Cash-free Net Working Capital (DFCFNWC)	64	72	125	157	192	200	249	358	369	401
Debt-free Net Working Capital (DFNWC)	71	86	217	257	407	432	583	587	756	728
Net Working Capital (NWC)	53	62	195	230	368	387	552	556	724	696
Net Nonoperating Expense (NNE)	1.91	4.15	14	16	21	23	25	31	26	27
Net Nonoperating Obligations (NNO)	137	152	267	363	372	357	533	638	481	547
Total Depreciation and Amortization (D&A)	24	35	56	60	80	89	104	120	128	136
Debt-free, Cash-free Net Working Capital to Revenue	9.72%	8.33%	11.02%	11.73%	12.67%	12.11%	12.65%	13.40%	13.29%	13.62%
Debt-free Net Working Capital to Revenue	10.75%	10.01%	19.19%	19.25%	26.95%	26.11%	29.59%	22.00%	27.20%	24.76%
Net Working Capital to Revenue	7.97%	7.22%	17.22%	17.20%	24.33%	23.44%	28.03%	20.84%	26.04%	23.66%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.85	$1.23	$1.30	$1.76	$2.29	$3.30	$4.04	$7.78	$8.65	$9.16
Adjusted Weighted Average Basic Shares Outstanding	31.30M	31.30M	31.64M	31.11M	29.75M	29.50M	29.37M	28.71M	28.16M	28.03M
Adjusted Diluted Earnings per Share	$0.85	$1.23	$1.30	$1.75	$2.28	$3.27	$4.01	$7.74	$8.61	$9.10
Adjusted Weighted Average Diluted Shares Outstanding	31.33M	31.36M	31.76M	31.23M	29.87M	29.72M	29.63M	28.87M	28.31M	28.19M
Adjusted Basic & Diluted Earnings per Share	$0.85	$1.23	$1.30	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	31.36M	31.77M	31.86M	29.92M	30.02M	29.62M	33.27M	28.31M	28.37M	27.76M
Normalized Net Operating Profit after Tax (NOPAT)	28	43	55	71	89	120	143	243	270	287
Normalized NOPAT Margin	4.29%	4.94%	4.83%	5.29%	5.90%	7.25%	7.25%	9.09%	9.72%	9.76%
Pre Tax Income Margin	6.33%	6.91%	4.93%	5.40%	6.13%	7.93%	7.90%	11.36%	11.99%	11.78%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	12.22	10.65	4.24	4.52	4.30	5.33	5.74	8.29	10.00	10.39
NOPAT to Interest Expense	7.61	6.89	3.15	3.45	3.17	3.96	4.38	6.12	7.30	7.68
EBIT Less CapEx to Interest Expense	5.08	6.39	2.47	2.90	2.54	4.26	4.70	7.24	8.41	8.07
NOPAT Less CapEx to Interest Expense	0.47	2.63	1.38	1.83	1.42	2.89	3.33	5.07	5.71	5.36
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	11.88%	7.95%	10.85%	7.22%	9.88%	6.46%	37.21%	33.03%	27.82%	33.87%
Augmented Payout Ratio	34.89%	7.95%	10.85%	170.45%	9.88%	41.35%	37.21%	96.64%	33.11%	93.61%

This table displays calculated financial ratios and metrics derived from Installed Building Products' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	41.07%	28.60%	12.22%	2.27%	-1.75%	4.99%	5.10%	6.57%	7.66%	4.09%
EBITDA Growth	72.40%	73.07%	26.36%	14.16%	-2.11%	-1.53%	11.03%	3.54%	0.89%	3.15%
EBIT Growth	70.72%	110.86%	35.68%	0.90%	9.36%	-4.55%	14.53%	2.59%	-0.88%	0.51%
NOPAT Growth	71.44%	104.63%	34.94%	1.34%	8.72%	-7.63%	14.34%	3.70%	-1.27%	5.13%
Net Income Growth	74.76%	133.63%	45.76%	2.83%	11.52%	-5.67%	13.39%	5.84%	0.88%	3.24%
EPS Growth	80.51%	142.42%	52.63%	5.31%	12.68%	-4.58%	13.22%	5.50%	1.67%	4.37%
Operating Cash Flow Growth	200.24%	263.09%	53.03%	25.50%	13.30%	13.21%	14.91%	22.86%	-9.79%	-16.61%
Free Cash Flow Firm Growth	-100.11%	55.19%	213.70%	96.25%	112.85%	147.70%	-220.48%	867.72%	40.69%	-154.81%
Invested Capital Growth	40.77%	19.14%	-22.12%	7.14%	3.77%	1.73%	50.99%	-1.41%	2.40%	8.81%
Revenue Q/Q Growth	6.26%	-4.54%	-3.95%	4.98%	2.08%	2.01%	-3.86%	6.45%	3.12%	-1.37%
EBITDA Q/Q Growth	26.19%	-3.84%	-17.65%	14.25%	8.21%	-3.27%	-7.10%	6.54%	5.44%	-1.11%
EBIT Q/Q Growth	2.23%	9.54%	-24.91%	19.97%	10.81%	-4.39%	-9.89%	7.47%	7.06%	-3.05%
NOPAT Q/Q Growth	1.63%	10.09%	-25.90%	22.23%	9.03%	-6.46%	-8.27%	10.85%	3.81%	-0.40%
Net Income Q/Q Growth	1.79%	12.66%	-28.23%	24.95%	10.39%	-4.71%	-13.75%	16.64%	5.21%	-2.48%
EPS Q/Q Growth	2.90%	12.68%	-27.50%	25.29%	10.09%	-4.58%	-13.97%	16.75%	6.09%	-2.05%
Operating Cash Flow Q/Q Growth	93.64%	-20.13%	-6.86%	-12.87%	74.81%	-20.20%	-5.42%	-6.84%	28.35%	-26.23%
Free Cash Flow Firm Q/Q Growth	16.84%	58.47%	364.45%	-104.11%	385.00%	54.17%	-868.37%	126.16%	-47.77%	-160.07%
Invested Capital Q/Q Growth	-0.52%	1.17%	-30.37%	52.88%	-3.64%	-0.82%	2.76%	-0.18%	0.08%	5.38%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	30.77%	31.67%	31.91%	33.59%	34.27%	34.09%	33.84%	34.08%	33.76%	33.56%
EBITDA Margin	19.11%	19.25%	16.50%	17.96%	19.04%	18.05%	17.43%	17.45%	17.84%	17.89%
Operating Margin	13.06%	14.93%	11.66%	13.34%	14.48%	13.54%	12.69%	12.85%	13.32%	13.13%
EBIT Margin	13.03%	14.96%	11.69%	13.37%	14.51%	13.60%	12.74%	12.87%	13.36%	13.13%
Profit (Net Income) Margin	8.48%	10.01%	7.48%	8.90%	9.62%	8.99%	8.07%	8.84%	9.02%	8.92%
Tax Burden Percent	73.42%	74.07%	73.15%	74.49%	73.28%	71.84%	73.17%	75.20%	73.06%	74.83%
Interest Burden Percent	88.62%	90.33%	87.42%	89.41%	90.54%	92.04%	86.52%	91.36%	92.42%	90.76%
Effective Tax Rate	26.58%	25.93%	26.85%	25.51%	26.72%	28.16%	26.83%	24.80%	26.94%	25.17%
Return on Invested Capital (ROIC)	25.23%	28.37%	26.00%	23.52%	25.55%	23.69%	26.40%	23.09%	24.12%	24.05%
ROIC Less NNEP Spread (ROIC-NNEP)	23.73%	27.14%	24.46%	22.48%	24.39%	22.74%	24.28%	22.03%	23.05%	22.72%
Return on Net Nonoperating Assets (RNNOA)	29.66%	34.91%	24.69%	31.97%	26.80%	21.86%	16.26%	20.26%	17.22%	16.98%
Return on Equity (ROE)	54.89%	63.28%	50.69%	55.49%	52.36%	45.54%	42.66%	43.36%	41.34%	41.03%
Cash Return on Invested Capital (CROIC)	-11.34%	6.98%	54.77%	16.29%	20.51%	21.94%	-12.51%	24.89%	21.44%	15.14%
Operating Return on Assets (OROA)	21.23%	23.27%	22.73%	20.83%	21.61%	20.10%	22.60%	19.04%	19.48%	19.11%
Return on Assets (ROA)	13.81%	15.57%	14.53%	13.87%	14.34%	13.29%	14.31%	13.08%	13.15%	12.98%
Return on Common Equity (ROCE)	54.89%	63.28%	50.69%	55.49%	52.36%	45.54%	42.66%	43.36%	41.34%	41.03%
Return on Equity Simple (ROE_SIMPLE)	40.24%	0.00%	47.28%	42.91%	39.41%	0.00%	36.85%	37.05%	35.52%	0.00%
Net Operating Profit after Tax (NOPAT)	69	76	56	69	75	70	64	71	74	74
NOPAT Margin	9.59%	11.06%	8.53%	9.93%	10.61%	9.73%	9.28%	9.67%	9.73%	9.83%
Net Nonoperating Expense Percent (NNEP)	1.50%	1.23%	1.54%	1.05%	1.17%	0.95%	2.12%	1.06%	1.08%	1.32%
Return On Investment Capital (ROIC_SIMPLE)	-	5.58%	-	-	-	4.56%	-	-	-	4.66%
Cost of Revenue to Revenue	69.23%	68.33%	68.09%	66.41%	65.73%	65.91%	66.16%	65.92%	66.24%	66.44%
SG&A Expenses to Revenue	16.13%	17.62%	18.52%	18.62%	18.23%	19.05%	19.61%	19.14%	19.06%	18.99%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	17.71%	16.74%	20.25%	20.26%	19.79%	20.55%	21.16%	21.23%	20.44%	20.43%
Earnings before Interest and Taxes (EBIT)	94	103	77	93	103	98	88	95	102	99
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	137	132	109	124	135	130	121	129	136	134
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.93	4.81	6.28	7.00	5.57	7.65	10.80	8.54	9.71	6.99
Price to Tangible Book Value (P/TBV)	0.00	0.00	14.72	0.00	0.00	1,830.91	401.02	258.88	152.82	2,241.74
Price to Revenue (P/Rev)	0.90	0.89	1.16	1.42	1.28	1.85	2.61	2.05	2.39	1.68
Price to Earnings (P/E)	10.71	8.98	11.61	14.00	12.57	21.65	28.85	23.16	29.33	19.12
Dividend Yield	1.59%	1.52%	1.14%	0.93%	1.06%	0.73%	1.00%	1.27%	1.07%	1.51%
Earnings Yield	9.34%	11.14%	8.61%	7.15%	7.96%	4.62%	3.47%	4.32%	3.41%	5.23%
Enterprise Value to Invested Capital (EV/IC)	2.61	2.66	5.16	3.79	3.48	4.87	6.60	5.35	6.25	4.37
Enterprise Value to Revenue (EV/Rev)	1.16	1.13	1.48	1.66	1.47	2.02	2.79	2.22	2.55	1.86
Enterprise Value to EBITDA (EV/EBITDA)	7.14	6.48	8.35	9.09	8.07	11.27	15.40	12.36	14.41	10.55
Enterprise Value to EBIT (EV/EBIT)	10.03	8.73	11.14	12.48	10.76	15.15	20.59	16.56	19.40	14.29
Enterprise Value to NOPAT (EV/NOPAT)	13.54	11.83	15.12	16.93	14.62	20.77	28.22	22.63	26.55	19.34
Enterprise Value to Operating Cash Flow (EV/OCF)	13.23	10.83	13.40	14.43	12.23	16.48	22.35	17.36	20.92	16.11
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	41.47	8.25	24.10	17.26	22.39	0.00	21.34	29.49	30.11
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.94	1.76	1.77	1.60	1.39	1.29	1.34	1.29	1.23	1.24
Long-Term Debt to Equity	1.82	1.70	1.66	1.50	1.34	1.25	1.25	1.24	1.18	1.19
Financial Leverage	1.25	1.29	1.01	1.42	1.10	0.96	0.67	0.92	0.75	0.75
Leverage Ratio	3.64	3.77	3.15	3.68	3.39	3.23	2.68	3.10	2.97	2.94
Compound Leverage Factor	3.22	3.41	2.75	3.29	3.07	2.97	2.32	2.83	2.74	2.67
Debt to Total Capital	66.03%	63.74%	63.89%	61.59%	58.13%	56.41%	57.27%	56.29%	55.08%	55.36%
Short-Term Debt to Total Capital	4.15%	2.28%	4.09%	4.16%	2.12%	2.09%	3.77%	2.03%	1.98%	2.05%
Long-Term Debt to Total Capital	61.88%	61.47%	59.81%	57.43%	56.01%	54.31%	53.49%	54.26%	53.10%	53.31%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	33.97%	36.26%	36.11%	38.41%	41.87%	43.59%	42.73%	43.71%	44.92%	44.64%
Debt to EBITDA	2.18	1.87	1.83	1.79	1.75	1.74	1.79	1.72	1.70	1.68
Net Debt to EBITDA	1.62	1.37	1.83	1.28	1.07	0.97	1.00	0.98	0.92	1.05
Long-Term Debt to EBITDA	2.04	1.80	1.72	1.67	1.68	1.68	1.67	1.65	1.64	1.62
Debt to NOPAT	4.13	3.41	3.32	3.33	3.16	3.21	3.27	3.14	3.14	3.09
Net Debt to NOPAT	3.07	2.51	3.32	2.39	1.93	1.78	1.84	1.79	1.69	1.93
Long-Term Debt to NOPAT	3.87	3.29	3.11	3.11	3.05	3.09	3.06	3.03	3.03	2.97
Altman Z-Score	3.37	3.58	5.25	4.35	4.12	4.84	5.80	5.14	5.62	4.76
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.50	2.70	2.73	2.92	3.08	3.09	3.18	3.08	2.99	2.94
Quick Ratio	1.80	1.91	1.26	2.14	2.36	2.34	2.43	2.33	2.28	2.12
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-255	-106	280	-11	33	51	-337	88	46	-28
Operating Cash Flow to CapEx	981.09%	808.01%	519.72%	510.32%	624.44%	636.17%	401.90%	401.02%	431.49%	349.53%
Free Cash Flow to Firm to Interest Expense	-23.90	-10.66	28.87	-1.17	3.38	6.48	-28.36	10.76	5.99	-3.04
Operating Cash Flow to Interest Expense	9.30	7.98	7.61	6.56	11.59	11.50	7.13	9.63	13.17	8.22
Operating Cash Flow Less CapEx to Interest Expense	8.35	6.99	6.14	5.28	9.73	9.69	5.35	7.23	10.12	5.87
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.63	1.56	1.94	1.56	1.49	1.48	1.77	1.48	1.46	1.46
Accounts Receivable Turnover	6.97	7.52	7.38	6.88	6.51	6.77	6.83	6.68	6.63	6.86
Inventory Turnover	11.66	11.53	11.36	10.54	10.78	10.89	10.89	11.12	11.25	10.89
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	18.85
Accounts Payable Turnover	12.70	13.07	13.14	12.79	12.29	12.01	12.74	12.75	12.29	12.76
Days Sales Outstanding (DSO)	52.37	48.53	49.47	53.04	56.04	53.89	53.41	54.68	55.04	53.19
Days Inventory Outstanding (DIO)	31.31	31.67	32.12	34.62	33.87	33.52	33.53	32.84	32.45	33.50
Days Payable Outstanding (DPO)	28.74	27.93	27.77	28.54	29.69	30.40	28.65	28.63	29.69	28.61
Cash Conversion Cycle (CCC)	54.93	52.27	53.81	59.12	60.22	57.01	58.29	58.89	57.79	58.08
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,118	1,132	788	1,204	1,161	1,151	1,190	1,188	1,189	1,253
Invested Capital Turnover	2.63	2.57	3.05	2.37	2.41	2.43	2.84	2.39	2.48	2.45
Increase / (Decrease) in Invested Capital	324	182	-224	80	42	20	402	-17	28	101
Enterprise Value (EV)	2,917	3,011	4,068	4,569	4,034	5,607	7,849	6,353	7,425	5,479
Market Capitalization	2,256	2,373	3,174	3,925	3,501	5,127	7,339	5,851	6,953	4,932
Book Value per Share	$15.92	$17.25	$17.85	$19.74	$22.11	$23.59	$24.11	$24.09	$25.37	$25.06
Tangible Book Value per Share	($6.09)	($5.72)	$7.62	($3.95)	($1.35)	$0.10	$0.65	$0.79	$1.61	$0.08
Total Capital	1,347	1,361	1,399	1,460	1,500	1,538	1,590	1,568	1,595	1,580
Total Debt	889	868	894	899	872	867	910	883	878	875
Total Long-Term Debt	833	837	837	838	840	835	850	851	847	842
Net Debt	661	638	894	644	532	481	510	502	472	547
Capital Expenditures (CapEx)	10	9.81	14	13	18	14	21	20	24	21
Debt-free, Cash-free Net Working Capital (DFCFNWC)	367	358	603	409	367	369	400	386	373	401
Debt-free Net Working Capital (DFNWC)	595	587	603	664	707	756	800	767	780	728
Net Working Capital (NWC)	539	556	546	604	675	724	740	735	748	696
Net Nonoperating Expense (NNE)	7.97	7.21	6.95	7.15	6.96	5.32	8.41	6.09	5.41	6.81
Net Nonoperating Obligations (NNO)	661	638	283	644	532	481	510	502	472	547
Total Depreciation and Amortization (D&A)	44	29	32	32	32	32	33	34	34	36
Debt-free, Cash-free Net Working Capital to Revenue	14.58%	13.40%	22.01%	14.84%	13.38%	13.29%	14.21%	13.52%	12.82%	13.62%
Debt-free Net Working Capital to Revenue	23.65%	22.00%	22.01%	24.10%	25.76%	27.20%	28.43%	26.83%	26.77%	24.76%
Net Working Capital to Revenue	21.43%	20.84%	19.92%	21.89%	24.60%	26.04%	26.30%	25.71%	25.69%	23.66%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.14	$2.41	$1.76	$2.19	$2.41	$2.29	$1.98	$2.32	$2.45	$2.41
Adjusted Weighted Average Basic Shares Outstanding	28.48M	28.71M	28.08M	28.17M	28.20M	28.16M	28.17M	28.17M	27.99M	28.03M
Adjusted Diluted Earnings per Share	$2.13	$2.40	$1.74	$2.18	$2.40	$2.29	$1.97	$2.30	$2.44	$2.39
Adjusted Weighted Average Diluted Shares Outstanding	28.60M	28.87M	28.28M	28.27M	28.32M	28.31M	28.39M	28.32M	28.12M	28.19M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	28.60M	28.31M	28.40M	28.41M	28.41M	28.37M	28.45M	28.23M	28.14M	27.76M
Normalized Net Operating Profit after Tax (NOPAT)	69	76	56	69	75	70	64	75	74	74
Normalized NOPAT Margin	9.59%	11.06%	8.53%	9.93%	10.61%	9.73%	9.28%	10.16%	9.73%	9.83%
Pre Tax Income Margin	11.55%	13.51%	10.22%	11.95%	13.14%	12.52%	11.03%	11.75%	12.35%	11.92%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8.79	10.34	7.95	9.44	10.57	12.56	7.42	11.57	13.19	10.82
NOPAT to Interest Expense	6.46	7.64	5.80	7.02	7.73	8.99	5.40	8.69	9.61	8.10
EBIT Less CapEx to Interest Expense	7.84	9.35	6.48	8.15	8.71	10.76	5.65	9.17	10.14	8.47
NOPAT Less CapEx to Interest Expense	5.52	6.66	4.33	5.73	5.87	7.18	3.63	6.29	6.56	5.75
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	42.68%	33.03%	28.71%	27.68%	27.08%	27.82%	34.76%	34.38%	34.50%	33.87%
Augmented Payout Ratio	103.01%	96.64%	65.43%	44.05%	37.88%	33.11%	37.36%	55.73%	63.93%	93.61%

Frequently Asked Questions About Installed Building Products' Financials

When does Installed Building Products's financial year end?

According to the most recent income statement we have on file, Installed Building Products' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Installed Building Products' net income changed over the last 9 years?

Installed Building Products' net income appears to be on an upward trend, with a most recent value of $256.60 million in 2024, rising from $26.52 million in 2015. The previous period was $243.70 million in 2023. Check out Installed Building Products' forecast to explore projected trends and price targets.

What is Installed Building Products's operating income?

Installed Building Products's total operating income in 2024 was $382.50 million, based on the following breakdown:

Total Gross Profit: $994.50 million
Total Operating Expenses: $612 million

How has Installed Building Products revenue changed over the last 9 years?

Over the last 9 years, Installed Building Products' total revenue changed from $662.72 million in 2015 to $2.94 billion in 2024, a change of 343.8%.

How much debt does Installed Building Products have?

Installed Building Products' total liabilities were at $1.35 billion at the end of 2024, a 3.3% increase from 2023, and a 422.8% increase since 2015.

How much cash does Installed Building Products have?

In the past 9 years, Installed Building Products' cash and equivalents has ranged from $6.82 million in 2015 to $386.50 million in 2023, and is currently $327.60 million as of their latest financial filing in 2024.

How has Installed Building Products' book value per share changed over the last 9 years?

Over the last 9 years, Installed Building Products' book value per share changed from 3.65 in 2015 to 25.06 in 2024, a change of 586.7%.

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This page (NYSE:IBP) was last updated on 5/5/2025 by MarketBeat.com Staff

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Installed Building Products (IBP) Financials

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Installed Building Products (IBP) Financials

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