Go Pro
→ The REAL Reason Trump is Invading Iran (From Banyan Hill Publishing) (Ad)tc pixel Free IBP Stock Alerts

Installed Building Products (IBP) Financials

Installed Building Products logo
$245.47 +0.86 (+0.35%)
As of 09:40 AM Eastern
Compare
Annual Income Statements for Installed Building Products

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 2025
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 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 27 38 42 54 61 97 127 264 237 258 253
Consolidated Net Income / (Loss)		 27 38 41 55 68 97 119 223 244 257 265
Net Income / (Loss) Continuing Operations		 27 38 41 55 68 97 119 223 244 257 265
Total Pre-Tax Income 		42 60 56 72 93 131 156 303 333 346 357
Total Operating Income		 45 66 74 93 121 162 188 345 369 383 386
Total Gross Profit		 188 252 324 372 435 510 590 828 931 995 1,009
Total Revenue		 663 863 1,133 1,336 1,512 1,653 1,969 2,670 2,779 2,941 2,971
Operating Revenue		 663 863 1,133 1,336 1,512 1,653 1,969 2,670 2,779 2,941 2,971
Total Cost of Revenue		 474 611 809 965 1,077 1,143 1,379 1,842 1,848 1,947 1,962
Operating Cost of Revenue		 474 611 809 965 1,077 1,143 1,379 1,842 1,848 1,947 1,962
Total Operating Expenses		 143 186 250 278 314 348 402 482 562 612 623
Selling, General & Admin Expense		 137 175 223 253 289 320 366 455 517 565 582
Amortization Expense		 6.26 11 27 25 25 29 37 44 45 43 41
Impairment Charge		 - - - - - - - 0.00 0.00 4.90 0.00
Total Other Income / (Expense), net		 -3.02 -6.44 -18 -21 -29 -31 -32 -42 -36 -36 -29
Interest Expense		 3.74 6.18 17 20 28 30 33 42 37 37 32
Other Income / (Expense), net		 0.72 -0.26 -0.56 -0.54 -0.45 -0.40 0.40 -0.50 1.00 0.80 2.30
Income Tax Expense		 15 21 15 17 24 34 37 80 89 90 92
Basic Earnings per Share		 $0.85 $1.23 $1.30 $1.76 $2.29 $3.30 $4.04 $7.78 $8.65 $9.16 $9.76
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 27.20M
Diluted Earnings per Share		 $0.85 $1.23 $1.30 $1.75 $2.28 $3.27 $4.01 $7.74 $8.61 $9.10 $9.71
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 27.33M
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 26.98M
Cash Dividends to Common per Share		 - - - - $0.00 $0.00 $1.20 $2.16 $2.22 $3.00 $3.18

Quarterly Income Statements for Installed Building Products

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 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 53 61 65 58 74 40 65 72 75 35 66
Consolidated Net Income / (Loss)		 65 56 65 69 67 45 69 74 77 35 65
Net Income / (Loss) Continuing Operations		 65 56 65 69 67 45 69 74 77 35 65
Total Pre-Tax Income 		90 76 87 94 89 61 93 100 102 47 85
Total Operating Income		 98 88 95 101 99 70 101 107 109 58 95
Total Gross Profit		 246 235 251 257 252 224 260 264 262 212 259
Total Revenue		 721 693 738 761 750 685 760 778 748 661 778
Operating Revenue		 721 693 738 761 750 685 760 778 748 661 778
Total Cost of Revenue		 475 458 486 504 498 461 500 514 486 448 519
Operating Cost of Revenue		 475 458 486 504 498 461 500 514 486 448 519
Total Operating Expenses		 148 147 157 156 153 154 159 157 153 155 164
Selling, General & Admin Expense		 137 136 141 145 143 144 149 147 142 144 154
Amortization Expense		 11 11 11 11 11 10 10 10 11 11 11
Total Other Income / (Expense), net		 -7.40 -12 -8.10 -7.40 -9.10 -8.50 -7.60 -6.50 -6.80 -11 -9.50
Interest Expense		 7.80 12 8.20 7.70 9.10 8.30 8.30 6.90 8.20 10 11
Other Income / (Expense), net		 0.40 0.40 0.10 0.30 - -0.20 0.70 0.40 1.40 -0.20 1.00
Income Tax Expense		 25 21 22 25 23 16 24 26 25 12 20
Basic Earnings per Share		 $2.29 $1.98 $2.32 $2.45 $2.41 $1.65 $2.53 $2.75 $2.83 $1.30 $2.44
Weighted Average Basic Shares Outstanding		 28.16M 28.17M 28.17M 27.99M 28.03M 27.52M 27.32M 27.07M 27.20M 26.80M 26.63M
Diluted Earnings per Share		 $2.29 $1.97 $2.30 $2.44 $2.39 $1.64 $2.52 $2.74 $2.81 $1.29 $2.43
Weighted Average Diluted Shares Outstanding		 28.31M 28.39M 28.32M 28.12M 28.19M 27.70M 27.40M 27.17M 27.33M 26.97M 26.71M
Weighted Average Basic & Diluted Shares Outstanding		 28.37M 28.45M 28.23M 28.14M 27.76M 27.62M 27.33M 27.13M 26.98M 26.94M 26.58M
Cash Dividends to Common per Share		 $0.33 $1.95 $0.35 $0.35 $0.35 $2.07 $0.37 $0.37 $0.37 $2.19 $0.39

Annual Cash Flow Statements for Installed Building Products

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 2025
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 12/31/2025
Net Change in Cash & Equivalents		 -3.94 7.66 48 28 87 54 102 -104 157 -59 -5.70
Net Cash From Operating Activities		 35 73 69 97 123 181 138 278 340 340 371
Net Cash From Continuing Operating Activities		 35 73 69 97 123 181 138 278 340 340 371
Net Income / (Loss) Continuing Operations		 27 38 41 55 68 97 119 223 244 257 265
Consolidated Net Income / (Loss)		 27 38 41 55 68 97 119 223 244 257 265
Depreciation Expense		 17 24 28 33 39 41 44 47 52 59 66
Amortization Expense		 6.53 12 28 27 41 48 61 72 75 77 80
Non-Cash Adjustments To Reconcile Net Income		 1.51 4.85 11 11 17 16 19 42 9.00 17 16
Changes in Operating Assets and Liabilities, net		 -17 -5.24 -40 -29 -42 -22 -104 -107 -40 -70 -56
Net Cash From Investing Activities		 -111 -80 -200 -74 -132 -78 -278 -159 -103 -159 -112
Net Cash From Continuing Investing Activities		 -111 -80 -200 -74 -132 -78 -278 -159 -103 -159 -112
Purchase of Property, Plant & Equipment		 -27 -27 -32 -35 -50 -34 -37 -46 -62 -89 -71
Acquisitions		 -84 -53 -137 -58 -52 -76 -241 -114 -60 -89 -52
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 2.70
Other Investing Activities, net		 -0.42 0.04 -2.42 -3.02 -2.89 -6.87 -2.80 -2.20 15 15 7.40
Net Cash From Financing Activities		 73 14 180 5.37 96 -49 242 -223 -80 -240 -265
Net Cash From Continuing Financing Activities		 73 14 180 5.37 96 -49 242 -223 -80 -240 -265
Repayment of Debt		 -189 -156 -123 -24 -228 -29 264 -36 -35 -25 -36
Repurchase of Common Equity		 -6.10 0.00 0.00 -89 0.00 -34 0.00 -142 -13 -153 -182
Payment of Dividends		 -3.15 -3.06 -4.46 -3.95 -6.73 -6.28 -44 -74 -68 -87 -90
Issuance of Debt		 221 161 322 125 333 21 28 31 39 29 46
Other Financing Activities, net		 50 12 -15 -2.28 -2.33 -0.97 -5.60 -2.30 -2.90 -3.00 -3.10
Cash Interest Paid		 3.29 5.34 14 20 21 26 26 40 43 44 41
Cash Income Taxes Paid		 13 19 39 4.95 23 37 39 69 93 84 82

Quarterly Cash Flow Statements for Installed Building Products

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 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents		 47 13 -20 26 -79 -29 6.50 28 -11 152 -80
Net Cash From Operating Activities		 90 85 79 101 75 92 90 124 65 102 69
Net Cash From Continuing Operating Activities		 90 85 79 101 75 92 90 124 65 102 69
Net Income / (Loss) Continuing Operations		 65 56 65 69 67 45 69 74 77 35 65
Consolidated Net Income / (Loss)		 65 56 65 69 67 45 69 74 77 35 65
Depreciation Expense		 14 14 14 15 16 16 16 17 17 18 18
Amortization Expense		 19 19 20 19 20 19 20 20 22 21 21
Non-Cash Adjustments To Reconcile Net Income		 3.40 2.70 7.10 2.40 4.60 5.40 3.50 3.60 3.40 6.60 6.70
Changes in Operating Assets and Liabilities, net		 -11 -6.30 -27 -3.70 -32 5.70 -18 9.70 -54 23 -42
Net Cash From Investing Activities		 -26 -21 -34 -39 -65 -26 -17 -37 -32 -45 -38
Net Cash From Continuing Investing Activities		 -26 -21 -34 -39 -65 -26 -17 -37 -32 -45 -38
Purchase of Property, Plant & Equipment		 -15 -22 -21 -24 -22 -20 -16 -19 -16 -17 -17
Acquisitions		 -15 -4.10 -19 -19 -47 -8.30 -3.00 -21 -19 -29 -19
Sale of Property, Plant & Equipment		 0.60 0.70 1.10 0.60 0.50 0.40 0.80 0.70 0.80 0.50 0.30
Other Investing Activities, net		 3.40 4.10 4.20 3.50 3.40 2.00 0.70 2.30 2.40 -0.40 -2.00
Net Cash From Financing Activities		 -18 -50 -65 -36 -89 -95 -67 -59 -45 95 -111
Net Cash From Continuing Financing Activities		 -18 -50 -65 -36 -89 -95 -67 -59 -45 95 -111
Repayment of Debt		 -8.70 0.90 -9.20 -8.50 -8.50 -8.50 -8.80 -9.20 -9.70 -319 -9.30
Repurchase of Common Equity		 -7.10 -0.20 -54 -21 -79 -34 -58 -52 -38 -26 -89
Payment of Dividends		 -11 -55 -11 -10 -10 -57 -12 -10 -11 -59 -12
Other Financing Activities, net		 -0.70 -0.80 -0.70 -0.70 -0.80 -0.70 -0.70 -0.80 -0.90 -1.10 -0.80
Cash Interest Paid		 6.20 16 6.40 15 6.70 15 5.80 14 6.10 16 8.00
Cash Income Taxes Paid		 28 0.80 42 20 21 0.70 36 21 24 -0.60 37

Annual Balance Sheets for Installed Building Products

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 2025
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 12/31/2025
Total Assets		 374 462 739 835 1,099 1,188 1,653 1,779 1,981 2,060 2,068
Total Current Assets		 150 192 355 412 582 624 859 884 1,070 1,055 1,043
Cash & Equivalents		 6.82 14 63 90 178 232 333 230 387 328 322
Accounts Receivable		 103 128 181 214 245 267 313 397 423 434 444
Inventories, net		 29 40 48 61 75 77 143 177 163 195 203
Prepaid Expenses		 - - - - 47 49 70 81 97 99 74
Plant, Property, & Equipment, net		 58 68 81 90 106 0.00 0.00 0.00 137 175 183
Total Noncurrent Assets		 166 202 303 333 411 564 794 895 774 830 842
Goodwill		 91 107 155 173 196 217 323 374 399 433 450
Intangible Assets		 67 86 138 150 154 171 264 283 269 271 262
Other Noncurrent Operating Assets		 8.02 8.51 9.27 10 62 175 207 238 107 127 130
Total Liabilities & Shareholders' Equity		 374 462 739 835 1,099 1,188 1,653 1,779 1,981 2,060 2,068
Total Liabilities		 259 308 528 652 849 868 1,236 1,285 1,311 1,355 1,358
Total Current Liabilities		 97 130 160 182 214 236 308 328 346 359 344
Short-Term Debt		 18 24 22 27 40 44 31 31 32 32 37
Accounts Payable		 51 68 87 97 99 101 133 149 159 147 119
Current Employee Benefit Liabilities		 14 18 25 28 34 46 51 52 60 66 70
Other Current Liabilities		 14 20 25 29 42 45 93 96 96 114 119
Total Noncurrent Liabilities		 162 178 368 470 635 632 929 957 965 996 1,014
Long-Term Debt		 113 134 331 432 545 542 832 830 835 842 850
Noncurrent Deferred & Payable Income Tax Liabilities		 15 14 6.44 6.70 9.18 0.04 4.82 28 25 26 25
Other Noncurrent Operating Liabilities		 22 21 25 28 77 88 88 92 105 127 139
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 114 154 211 182 250 319 417 494 670 705 710
Total Preferred & Common Equity		 114 154 211 182 250 319 417 494 670 705 710
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 114 154 211 182 250 319 417 494 670 705 710
Common Stock		 157 159 174 182 191 200 212 229 245 262 284
Retained Earnings		 -31 7.29 48 105 173 269 353 513 694 866 1,043
Treasury Stock		 -11 -12 -13 -104 -107 -142 -147 -289 -302 -457 -640
Accumulated Other Comprehensive Income / (Loss)		 - 0.00 0.51 -0.43 -7.14 -8.76 -0.23 41 34 35 22

Quarterly Balance Sheets for Installed Building Products

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 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026 6/30/2026
Total Assets		 1,168 1,836 1,921 2,003 2,025 2,073 1,999 2,020 2,051 2,230 2,251
Total Current Assets		 863 918 1,000 1,079 1,087 1,125 995 1,017 1,035 1,170 1,156
Cash & Equivalents		 - 255 340 400 380 406 299 305 333 474 395
Accounts Receivable		 398 417 427 426 440 451 419 448 448 426 470
Inventories, net		 170 163 160 171 176 182 198 192 188 206 224
Prepaid Expenses		 76 83 73 83 92 85 78 73 66 64 68
Plant, Property, & Equipment, net		 0.00 0.00 0.00 0.00 0.00 0.00 176 177 185 191 196
Total Noncurrent Assets		 524 918 921 924 938 948 828 825 831 869 899
Goodwill		 - 393 395 400 406 415 436 437 444 461 470
Intangible Assets		 290 279 271 261 257 256 267 260 260 267 268
Other Noncurrent Operating Assets		 235 245 255 263 275 277 126 129 127 141 161
Total Liabilities & Shareholders' Equity		 1,780 1,836 1,921 2,003 2,025 2,073 1,999 2,020 2,051 2,230 2,251
Total Liabilities		 1,274 1,275 1,293 1,324 1,340 1,356 1,338 1,356 1,373 1,562 1,612
Total Current Liabilities		 316 315 325 340 353 377 345 357 372 350 387
Short-Term Debt		 57 61 32 60 32 32 67 33 35 74 35
Accounts Payable		 135 138 144 157 158 169 142 150 138 125 152
Current Employee Benefit Liabilities		 46 52 61 47 57 69 54 64 74 55 65
Other Current Liabilities		 79 64 88 76 107 107 81 110 125 96 136
Total Noncurrent Liabilities		 958 961 968 984 987 979 994 999 1,000 1,213 1,224
Long-Term Debt		 830 831 833 843 844 841 840 843 846 1,035 1,028
Noncurrent Deferred & Payable Income Tax Liabilities		 26 28 30 26 26 22 24 23 22 25 25
Other Noncurrent Operating Liabilities		 95 95 98 108 111 111 130 133 132 153 172
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 505 561 628 679 685 716 661 665 679 668 640
Total Preferred & Common Equity		 505 561 628 679 685 716 661 665 679 668 640
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 505 561 628 679 685 716 661 665 679 668 640
Common Stock		 233 236 240 249 253 257 269 276 280 292 298
Retained Earnings		 527 580 638 694 750 808 854 913 977 1,019 1,074
Treasury Stock		 -289 -295 -295 -302 -356 -377 -491 -549 -602 -666 -756
Accumulated Other Comprehensive Income / (Loss)		 34 40 45 38 38 28 30 26 23 22 23

Annual Metrics And Ratios for Installed Building Products

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 2025
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 12/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 27.93% 30.22% 31.28% 17.96% 13.11% 9.37% 19.08% 35.61% 4.08% 5.86% 1.00%
EBITDA Growth		 69.03% 46.01% 28.66% 17.41% 31.71% 24.80% 16.71% 58.69% 7.15% 4.36% 3.02%
EBIT Growth		 77.33% 44.05% 12.04% 25.74% 30.24% 33.77% 16.62% 83.17% 7.31% 3.57% 1.41%
NOPAT Growth		 79.51% 49.81% 28.52% 29.17% 26.14% 34.55% 19.64% 77.22% 6.14% 4.93% 1.38%
Net Income Growth		 90.33% 44.95% 7.04% 33.08% 24.50% 42.66% 22.17% 88.05% 9.09% 5.29% 3.43%
EPS Growth		 525.00% 44.71% 5.69% 34.62% 30.29% 43.42% 22.63% 93.02% 11.24% 5.69% 6.70%
Operating Cash Flow Growth		 76.24% 112.08% -6.13% 40.51% 27.36% 46.90% -23.50% 100.94% 22.42% -0.06% 9.24%
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% 45.74%
Invested Capital Growth		 86.39% 21.83% 56.00% 14.19% 14.11% 8.64% 40.44% 19.14% 1.73% 8.81% 1.76%
Revenue Q/Q Growth		 7.50% 5.18% 6.18% 4.15% 3.29% 2.49% 4.92% 6.07% 1.25% 1.01% -0.09%
EBITDA Q/Q Growth		 17.16% 5.25% 2.24% 7.02% 7.83% 5.08% 2.89% 13.65% -0.40% 0.80% 2.79%
EBIT Q/Q Growth		 18.11% 4.55% -3.39% 12.35% 7.28% 6.59% 2.11% 18.55% -1.25% 0.13% 3.10%
NOPAT Q/Q Growth		 14.12% 7.12% 9.03% 5.83% 5.20% 7.45% 2.49% 18.06% -2.12% 1.30% 2.87%
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% 3.79%
EPS Q/Q Growth		 0.00% 4.24% -0.76% 12.18% 5.07% 9.73% 1.52% 22.27% -1.26% 1.11% 4.52%
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% -2.60%
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% 9.73%
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% 3.96%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 28.41% 29.25% 28.60% 27.80% 28.77% 30.85% 29.94% 31.01% 33.50% 33.81% 33.97%
EBITDA Margin		 10.44% 11.70% 11.47% 11.42% 13.29% 15.17% 14.87% 17.40% 17.91% 17.66% 18.01%
Operating Margin		 6.78% 7.65% 6.56% 6.98% 8.02% 9.79% 9.54% 12.94% 13.28% 13.00% 13.01%
EBIT Margin		 6.89% 7.62% 6.51% 6.94% 7.99% 9.77% 9.56% 12.92% 13.32% 13.03% 13.08%
Profit (Net Income) Margin		 4.00% 4.45% 3.63% 4.10% 4.51% 5.88% 6.03% 8.37% 8.77% 8.72% 8.93%
Tax Burden Percent		 63.24% 64.48% 73.70% 75.84% 73.60% 74.13% 76.40% 73.66% 73.16% 74.08% 74.34%
Interest Burden Percent		 91.81% 90.61% 75.73% 77.89% 76.72% 81.24% 82.58% 87.94% 90.00% 90.37% 91.84%
Effective Tax Rate		 36.76% 35.52% 26.30% 24.16% 26.40% 25.87% 23.60% 26.34% 26.84% 25.92% 25.66%
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% 22.73%
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% 18.80%
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% 14.77%
Return on Equity (ROE)		 25.70% 28.63% 22.57% 27.86% 31.52% 34.17% 32.28% 49.08% 41.88% 37.31% 37.51%
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% 20.99%
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% 18.83%
Return on Assets (ROA)		 8.73% 9.20% 6.85% 6.96% 7.05% 8.50% 8.36% 13.02% 12.96% 12.70% 12.86%
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% 37.51%
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% 0.00%
Net Operating Profit after Tax (NOPAT)		 28 43 55 71 89 120 144 254 270 283 287
NOPAT Margin		 4.29% 4.94% 4.83% 5.29% 5.90% 7.26% 7.29% 9.53% 9.72% 9.63% 9.67%
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% 3.93%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 18.69% 17.56% 17.93% 17.99%
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% 66.03%
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% 19.58%
R&D to Revenue		 0.00% 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% 20.97%
Earnings before Interest and Taxes (EBIT)		 46 66 74 93 121 161 188 345 370 383 389
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 69 101 130 153 201 251 293 465 498 519 535
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 9.91
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 0.00
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 2.37
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 27.87
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.90% 1.52% 0.73% 1.51% 1.23%
Earnings Yield		 3.62% 3.14% 1.83% 5.43% 3.16% 3.40% 3.23% 11.14% 4.62% 5.23% 3.59%
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 5.96
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 2.56
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 14.20
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 19.55
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 26.46
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 20.47
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 28.67
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 1.25
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 1.20
Financial Leverage		 0.87 1.08 1.15 1.60 1.70 1.28 1.21 1.29 0.96 0.75 0.79
Leverage Ratio		 2.95 3.11 3.29 4.00 4.47 4.02 3.86 3.77 3.23 2.94 2.92
Compound Leverage Factor		 2.70 2.82 2.49 3.12 3.43 3.26 3.19 3.32 2.91 2.66 2.68
Debt to Total Capital		 55.65% 51.99% 63.08% 71.75% 70.17% 64.84% 67.51% 63.74% 56.41% 55.36% 55.53%
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% 2.29%
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% 53.24%
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% 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% 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% 44.47%
Debt to EBITDA		 2.08 1.65 2.77 3.04 2.93 2.35 2.96 1.87 1.74 1.68 1.66
Net Debt to EBITDA		 1.98 1.51 2.06 2.38 1.85 1.42 1.82 1.37 0.97 1.05 1.06
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 1.59
Debt to NOPAT		 5.05 3.91 6.57 6.56 6.60 4.91 6.03 3.41 3.21 3.09 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 1.97
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 2.96
Altman Z-Score		 3.93 4.90 4.86 3.39 3.73 4.52 4.18 4.03 5.29 5.22 6.28
Noncontrolling Interest Sharing Ratio		 0.00% 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 3.03
Quick Ratio		 1.13 1.10 1.71 1.73 2.15 2.11 2.10 1.91 2.34 2.12 2.23
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -88 -12 -117 2.94 12 66 -130 73 250 182 265
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% 546.98%
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 8.36
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 11.72
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 9.57
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 2.18 2.07 1.89 1.70 1.56 1.45 1.39 1.56 1.48 1.46 1.44
Accounts Receivable Turnover		 7.55 7.45 7.33 6.77 6.59 6.47 6.80 7.52 6.77 6.86 6.77
Inventory Turnover		 17.80 17.55 18.26 17.62 15.86 15.06 12.53 11.53 10.89 10.89 9.87
Fixed Asset Turnover		 13.67 13.77 15.22 15.61 15.38 0.00 0.00 0.00 0.00 18.85 16.59
Accounts Payable Turnover		 9.74 10.28 10.41 10.47 11.00 11.41 11.78 13.07 12.01 12.76 14.77
Days Sales Outstanding (DSO)		 48.32 48.99 49.81 53.92 55.37 56.42 53.70 48.53 53.89 53.19 53.94
Days Inventory Outstanding (DIO)		 20.51 20.79 19.98 20.71 23.01 24.23 29.14 31.67 33.52 33.50 36.99
Days Payable Outstanding (DPO)		 37.49 35.51 35.05 34.87 33.19 31.98 30.99 27.93 30.40 28.61 24.71
Cash Conversion Cycle (CCC)		 31.34 34.28 34.74 39.76 45.19 48.67 51.86 52.27 57.01 58.08 66.22
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 251 306 478 545 622 676 950 1,132 1,151 1,253 1,275
Invested Capital Turnover		 3.43 3.10 2.89 2.61 2.59 2.55 2.42 2.57 2.43 2.45 2.35
Increase / (Decrease) in Invested Capital		 116 55 171 68 77 54 273 182 20 101 22
Enterprise Value (EV)		 870 1,376 2,544 1,353 2,317 3,215 4,476 3,011 5,607 5,479 7,601
Market Capitalization		 733 1,223 2,277 990 1,945 2,858 3,944 2,373 5,127 4,932 7,036
Book Value per Share		 $3.65 $4.89 $6.61 $5.84 $8.33 $10.71 $14.03 $17.25 $23.59 $25.06 $26.17
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 ($0.07)
Total Capital		 258 321 570 646 838 908 1,283 1,361 1,538 1,580 1,597
Total Debt		 144 167 360 463 588 589 866 868 867 875 887
Total Long-Term Debt		 125 143 337 436 549 544 835 837 835 842 850
Net Debt		 137 152 267 363 372 357 533 638 481 547 565
Capital Expenditures (CapEx)		 27 26 31 33 49 32 34 44 59 86 68
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 64 72 125 157 192 200 249 358 369 401 413
Debt-free Net Working Capital (DFNWC)		 71 86 217 257 407 432 583 587 756 728 735
Net Working Capital (NWC)		 53 62 195 230 368 387 552 556 724 696 698
Net Nonoperating Expense (NNE)		 1.91 4.15 14 16 21 23 25 31 26 27 22
Net Nonoperating Obligations (NNO)		 137 152 267 363 372 357 533 638 481 547 565
Total Depreciation and Amortization (D&A)		 24 35 56 60 80 89 104 120 128 136 146
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% 13.91%
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% 24.74%
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% 23.51%
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 $9.76
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 27.20M
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 $9.71
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 27.33M
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 $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 26.98M
Normalized Net Operating Profit after Tax (NOPAT)		 28 43 55 71 89 120 143 243 270 287 287
Normalized NOPAT Margin		 4.29% 4.94% 4.83% 5.29% 5.90% 7.25% 7.25% 9.09% 9.72% 9.76% 9.67%
Pre Tax Income Margin		 6.33% 6.91% 4.93% 5.40% 6.13% 7.93% 7.90% 11.36% 11.99% 11.78% 12.02%
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 12.26
NOPAT to Interest Expense		 7.61 6.89 3.15 3.45 3.17 3.96 4.38 6.12 7.30 7.68 9.06
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 10.12
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 6.92
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% 34.06%
Augmented Payout Ratio		 34.89% 7.95% 10.85% 170.45% 9.88% 41.35% 37.21% 96.64% 33.11% 93.61% 102.52%

Quarterly Metrics And Ratios for Installed Building Products

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

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
DEI Shares Outstanding		 - - - - - - - - - 26,975,173.00 26,940,710.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 26,975,173.00 26,940,710.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - 1.30 2.45
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 4.99% 5.10% 6.57% 7.66% 4.09% -1.17% 3.08% 2.31% -0.36% -3.55% 2.30%
EBITDA Growth		 -1.53% 11.03% 3.54% 0.89% 3.15% -12.91% 6.99% 5.75% 10.80% -9.13% -2.40%
EBIT Growth		 -4.55% 14.53% 2.59% -0.88% 0.51% -21.18% 7.17% 5.51% 11.88% -17.53% -6.00%
NOPAT Growth		 -7.63% 14.34% 3.70% -1.27% 5.13% -19.62% 4.66% 7.05% 10.85% -17.68% -3.31%
Net Income Growth		 -5.67% 13.39% 5.84% 0.88% 3.24% -18.78% 5.83% 8.45% 14.50% -23.35% -5.94%
EPS Growth		 -4.58% 13.22% 5.50% 1.67% 4.37% -16.75% 9.57% 12.30% 17.57% -21.34% -3.57%
Operating Cash Flow Growth		 13.21% 14.91% 22.86% -9.79% -16.61% 8.61% 14.43% 22.29% -13.24% 11.07% -23.89%
Free Cash Flow Firm Growth		 147.70% -220.48% 867.72% 40.69% -154.81% 91.70% -69.73% -9.71% 315.26% 134.13% -98.71%
Invested Capital Growth		 1.73% 50.99% -1.41% 2.40% 8.81% 6.70% 4.03% 3.16% 1.76% 2.60% 5.81%
Revenue Q/Q Growth		 2.01% -3.86% 6.45% 3.12% -1.37% -8.72% 11.03% 2.35% -3.95% -11.64% 17.76%
EBITDA Q/Q Growth		 -3.27% -7.10% 6.54% 5.44% -1.11% -21.61% 30.89% 4.21% 3.62% -35.71% 40.59%
EBIT Q/Q Growth		 -4.39% -9.89% 7.47% 7.06% -3.05% -29.34% 46.12% 5.41% 2.80% -47.91% 66.55%
NOPAT Q/Q Growth		 -6.46% -8.27% 10.85% 3.81% -0.40% -29.87% 44.34% 6.17% 3.14% -47.91% 69.52%
Net Income Q/Q Growth		 -4.71% -13.75% 16.64% 5.21% -2.48% -32.14% 51.98% 7.83% 2.96% -54.57% 86.49%
EPS Q/Q Growth		 -4.58% -13.97% 16.75% 6.09% -2.05% -31.38% 53.66% 8.73% 2.55% -54.09% 88.37%
Operating Cash Flow Q/Q Growth		 -20.20% -5.42% -6.84% 28.35% -26.23% 23.13% -1.85% 37.17% -47.66% 57.63% -32.75%
Free Cash Flow Firm Q/Q Growth		 54.17% -868.37% 126.16% -47.77% -160.07% -1.14% 195.39% 55.80% 43.21% -83.96% -96.39%
Invested Capital Q/Q Growth		 -0.82% 2.76% -0.18% 0.08% 5.38% 1.34% -2.67% -0.75% 3.96% 2.17% 0.38%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 34.09% 33.84% 34.08% 33.76% 33.56% 32.67% 34.18% 33.95% 34.98% 32.14% 33.29%
EBITDA Margin		 18.05% 17.43% 17.45% 17.84% 17.89% 15.36% 18.11% 18.44% 19.89% 14.47% 17.28%
Operating Margin		 13.54% 12.69% 12.85% 13.32% 13.13% 10.19% 13.28% 13.72% 14.56% 8.72% 12.16%
EBIT Margin		 13.60% 12.74% 12.87% 13.36% 13.13% 10.16% 13.38% 13.78% 14.74% 8.69% 12.29%
Profit (Net Income) Margin		 8.99% 8.07% 8.84% 9.02% 8.92% 6.63% 9.08% 9.56% 10.25% 5.27% 8.34%
Tax Burden Percent		 71.84% 73.17% 75.20% 73.06% 74.83% 74.06% 73.88% 74.18% 75.10% 73.89% 76.26%
Interest Burden Percent		 92.04% 86.52% 91.36% 92.42% 90.76% 88.07% 91.84% 93.56% 92.56% 82.06% 89.02%
Effective Tax Rate		 28.16% 26.83% 24.80% 26.94% 25.17% 25.94% 26.12% 25.82% 24.90% 26.11% 23.74%
Return on Invested Capital (ROIC)		 23.69% 26.40% 23.09% 24.12% 24.05% 18.01% 23.95% 25.07% 25.70% 14.77% 21.63%
ROIC Less NNEP Spread (ROIC-NNEP)		 22.74% 24.28% 22.03% 23.05% 22.72% 16.88% 22.90% 24.13% 24.78% 13.52% 20.46%
Return on Net Nonoperating Assets (RNNOA)		 21.86% 16.26% 20.26% 17.22% 16.98% 14.10% 18.20% 17.63% 19.47% 12.65% 19.43%
Return on Equity (ROE)		 45.54% 42.66% 43.36% 41.34% 41.03% 32.11% 42.15% 42.71% 45.17% 27.42% 41.06%
Cash Return on Invested Capital (CROIC)		 21.94% -12.51% 24.89% 21.44% 15.14% 15.53% 18.66% 20.01% 20.99% 19.07% 16.04%
Operating Return on Assets (OROA)		 20.10% 22.60% 19.04% 19.48% 19.11% 14.90% 19.55% 19.87% 21.22% 12.11% 17.06%
Return on Assets (ROA)		 13.29% 14.31% 13.08% 13.15% 12.98% 9.72% 13.26% 13.79% 14.75% 7.34% 11.58%
Return on Common Equity (ROCE)		 45.54% 42.66% 43.36% 41.34% 41.03% 32.11% 42.15% 42.71% 45.17% 27.42% 41.06%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 36.85% 37.05% 35.52% 0.00% 37.24% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 70 64 71 74 74 52 75 79 82 43 72
NOPAT Margin		 9.73% 9.28% 9.67% 9.73% 9.83% 7.55% 9.81% 10.18% 10.93% 6.44% 9.28%
Net Nonoperating Expense Percent (NNEP)		 0.95% 2.12% 1.06% 1.08% 1.32% 1.13% 1.05% 0.95% 0.92% 1.25% 1.17%
Return On Investment Capital (ROIC_SIMPLE)		 4.56% - - - 4.66% 3.30% 4.84% 5.08% 5.12% 2.40% 4.24%
Cost of Revenue to Revenue		 65.91% 66.16% 65.92% 66.24% 66.44% 67.33% 65.82% 66.05% 65.02% 67.86% 66.71%
SG&A Expenses to Revenue		 19.05% 19.61% 19.14% 19.06% 18.99% 21.00% 19.57% 18.93% 18.98% 21.83% 19.77%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 20.55% 21.16% 21.23% 20.44% 20.43% 22.47% 20.90% 20.23% 20.43% 23.42% 21.12%
Earnings before Interest and Taxes (EBIT)		 98 88 95 102 99 70 102 107 110 57 96
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 130 121 129 136 134 105 138 144 149 96 134
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 7.65 10.80 8.54 9.71 6.99 7.20 7.49 9.93 9.91 10.72 9.68
Price to Tangible Book Value (P/TBV)		 1,830.91 401.02 258.88 152.82 2,241.74 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)		 1.85 2.61 2.05 2.39 1.68 1.62 1.68 2.27 2.37 2.43 2.09
Price to Earnings (P/E)		 21.65 28.85 23.16 29.33 19.12 20.05 21.00 26.82 27.87 28.90 24.92
Dividend Yield		 0.73% 1.00% 1.27% 1.07% 1.51% 1.82% 1.74% 1.28% 1.23% 1.24% 1.44%
Earnings Yield		 4.62% 3.47% 4.32% 3.41% 5.23% 4.99% 4.76% 3.73% 3.59% 3.46% 4.01%
Enterprise Value to Invested Capital (EV/IC)		 4.87 6.60 5.35 6.25 4.37 4.23 4.49 5.94 5.96 5.98 5.25
Enterprise Value to Revenue (EV/Rev)		 2.02 2.79 2.22 2.55 1.86 1.83 1.88 2.45 2.56 2.64 2.31
Enterprise Value to EBITDA (EV/EBITDA)		 11.27 15.40 12.36 14.41 10.55 10.65 10.82 14.00 14.20 14.82 13.14
Enterprise Value to EBIT (EV/EBIT)		 15.15 20.59 16.56 19.40 14.29 14.72 14.94 19.33 19.55 20.68 18.52
Enterprise Value to NOPAT (EV/NOPAT)		 20.77 28.22 22.63 26.55 19.34 19.83 20.26 26.10 26.46 28.00 24.89
Enterprise Value to Operating Cash Flow (EV/OCF)		 16.48 22.35 17.36 20.92 16.11 15.46 15.47 19.11 20.47 20.41 19.05
Enterprise Value to Free Cash Flow (EV/FCFF)		 22.39 0.00 21.34 29.49 30.11 28.11 24.55 30.16 28.67 31.77 33.65
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.29 1.34 1.29 1.23 1.24 1.37 1.32 1.30 1.25 1.66 1.66
Long-Term Debt to Equity		 1.25 1.25 1.24 1.18 1.19 1.27 1.27 1.25 1.20 1.55 1.61
Financial Leverage		 0.96 0.67 0.92 0.75 0.75 0.83 0.80 0.73 0.79 0.94 0.95
Leverage Ratio		 3.23 2.68 3.10 2.97 2.94 2.99 3.00 2.96 2.92 3.18 3.28
Compound Leverage Factor		 2.97 2.32 2.83 2.74 2.67 2.63 2.75 2.77 2.70 2.61 2.92
Debt to Total Capital		 56.41% 57.27% 56.29% 55.08% 55.36% 57.85% 56.87% 56.48% 55.53% 62.43% 62.42%
Short-Term Debt to Total Capital		 2.09% 3.77% 2.03% 1.98% 2.05% 4.29% 2.16% 2.23% 2.29% 4.15% 2.04%
Long-Term Debt to Total Capital		 54.31% 53.49% 54.26% 53.10% 53.31% 53.56% 54.71% 54.25% 53.24% 58.28% 60.38%
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% 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% 0.00%
Common Equity to Total Capital		 43.59% 42.73% 43.71% 44.92% 44.64% 42.15% 43.13% 43.52% 44.47% 37.57% 37.58%
Debt to EBITDA		 1.74 1.79 1.72 1.70 1.68 1.80 1.71 1.69 1.66 2.11 2.03
Net Debt to EBITDA		 0.97 1.00 0.98 0.92 1.05 1.21 1.11 1.05 1.06 1.21 1.28
Long-Term Debt to EBITDA		 1.68 1.67 1.65 1.64 1.62 1.67 1.64 1.63 1.59 1.97 1.97
Debt to NOPAT		 3.21 3.27 3.14 3.14 3.09 3.35 3.20 3.15 3.09 3.99 3.85
Net Debt to NOPAT		 1.78 1.84 1.79 1.69 1.93 2.25 2.08 1.96 1.97 2.28 2.42
Long-Term Debt to NOPAT		 3.09 3.06 3.03 3.03 2.97 3.10 3.08 3.03 2.96 3.72 3.73
Altman Z-Score		 4.84 5.80 5.14 5.62 4.76 4.70 4.86 5.62 5.83 5.23 4.84
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 3.09 3.18 3.08 2.99 2.94 2.89 2.85 2.78 3.03 3.35 2.98
Quick Ratio		 2.34 2.43 2.33 2.28 2.12 2.08 2.11 2.10 2.23 2.57 2.23
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 51 -337 88 46 -28 -28 27 42 60 9.56 0.35
Operating Cash Flow to CapEx		 636.17% 401.90% 401.02% 431.49% 349.53% 465.15% 610.81% 670.27% 438.51% 635.40% 414.46%
Free Cash Flow to Firm to Interest Expense		 6.48 -28.36 10.76 5.99 -3.04 -3.37 3.22 6.03 7.27 0.93 0.03
Operating Cash Flow to Interest Expense		 11.50 7.13 9.63 13.17 8.22 11.10 10.89 17.97 7.91 9.93 6.55
Operating Cash Flow Less CapEx to Interest Expense		 9.69 5.35 7.23 10.12 5.87 8.71 9.11 15.29 6.11 8.37 4.97
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.48 1.77 1.48 1.46 1.46 1.47 1.46 1.44 1.44 1.39 1.39
Accounts Receivable Turnover		 6.77 6.83 6.68 6.63 6.86 6.94 6.66 6.61 6.77 6.97 6.46
Inventory Turnover		 10.89 10.89 11.12 11.25 10.89 10.55 10.68 10.67 9.87 9.64 9.47
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 18.85 0.00 0.00 0.00 16.59 16.04 15.86
Accounts Payable Turnover		 12.01 12.74 12.75 12.29 12.76 13.04 12.77 12.85 14.77 14.59 13.04
Days Sales Outstanding (DSO)		 53.89 53.41 54.68 55.04 53.19 52.57 54.78 55.20 53.94 52.39 56.47
Days Inventory Outstanding (DIO)		 33.52 33.53 32.84 32.45 33.50 34.59 34.16 34.21 36.99 37.85 38.55
Days Payable Outstanding (DPO)		 30.40 28.65 28.63 29.69 28.61 28.00 28.59 28.41 24.71 25.03 28.00
Cash Conversion Cycle (CCC)		 57.01 58.29 58.89 57.79 58.08 59.16 60.35 60.99 66.22 65.21 67.02
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,151 1,190 1,188 1,189 1,253 1,269 1,235 1,226 1,275 1,302 1,307
Invested Capital Turnover		 2.43 2.84 2.39 2.48 2.45 2.39 2.44 2.46 2.35 2.29 2.33
Increase / (Decrease) in Invested Capital		 20 402 -17 28 101 80 48 38 22 33 72
Enterprise Value (EV)		 5,607 7,849 6,353 7,425 5,479 5,368 5,551 7,288 7,601 7,787 6,860
Market Capitalization		 5,127 7,339 5,851 6,953 4,932 4,759 4,980 6,740 7,036 7,152 6,192
Book Value per Share		 $23.59 $24.11 $24.09 $25.37 $25.06 $23.81 $24.06 $24.83 $26.17 $24.75 $23.74
Tangible Book Value per Share		 $0.10 $0.65 $0.79 $1.61 $0.08 ($1.50) ($1.16) ($0.95) ($0.07) ($2.22) ($3.66)
Total Capital		 1,538 1,590 1,568 1,595 1,580 1,568 1,541 1,559 1,597 1,777 1,702
Total Debt		 867 910 883 878 875 907 876 881 887 1,109 1,062
Total Long-Term Debt		 835 850 851 847 842 840 843 846 850 1,035 1,028
Net Debt		 481 510 502 472 547 608 571 548 565 635 668
Capital Expenditures (CapEx)		 14 21 20 24 21 20 15 19 15 16 17
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 369 400 386 373 401 419 389 365 413 420 409
Debt-free Net Working Capital (DFNWC)		 756 800 767 780 728 717 694 698 735 894 803
Net Working Capital (NWC)		 724 740 735 748 696 650 661 663 698 820 768
Net Nonoperating Expense (NNE)		 5.32 8.41 6.09 5.41 6.81 6.30 5.61 4.82 5.11 7.76 7.25
Net Nonoperating Obligations (NNO)		 481 510 502 472 547 608 571 548 565 635 668
Total Depreciation and Amortization (D&A)		 32 33 34 34 36 36 36 36 39 38 39
Debt-free, Cash-free Net Working Capital to Revenue		 13.29% 14.21% 13.52% 12.82% 13.62% 14.27% 13.16% 12.26% 13.91% 14.24% 13.79%
Debt-free Net Working Capital to Revenue		 27.20% 28.43% 26.83% 26.77% 24.76% 24.45% 23.48% 23.47% 24.74% 30.34% 27.10%
Net Working Capital to Revenue		 26.04% 26.30% 25.71% 25.69% 23.66% 22.16% 22.36% 22.30% 23.51% 27.84% 25.92%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $2.29 $1.98 $2.32 $2.45 $2.41 $1.65 $2.53 $2.75 $2.83 $1.30 $2.44
Adjusted Weighted Average Basic Shares Outstanding		 28.16M 28.17M 28.17M 27.99M 28.03M 27.52M 27.32M 27.07M 27.20M 26.80M 26.63M
Adjusted Diluted Earnings per Share		 $2.29 $1.97 $2.30 $2.44 $2.39 $1.64 $2.52 $2.74 $2.81 $1.29 $2.43
Adjusted Weighted Average Diluted Shares Outstanding		 28.31M 28.39M 28.32M 28.12M 28.19M 27.70M 27.40M 27.17M 27.33M 26.97M 26.71M
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 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 28.37M 28.45M 28.23M 28.14M 27.76M 27.62M 27.33M 27.13M 26.98M 26.94M 26.58M
Normalized Net Operating Profit after Tax (NOPAT)		 70 64 75 74 74 52 75 79 82 43 72
Normalized NOPAT Margin		 9.73% 9.28% 10.16% 9.73% 9.83% 7.55% 9.81% 10.18% 10.93% 6.44% 9.28%
Pre Tax Income Margin		 12.52% 11.03% 11.75% 12.35% 11.92% 8.95% 12.28% 12.89% 13.65% 7.13% 10.94%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 12.56 7.42 11.57 13.19 10.82 8.39 12.25 15.54 13.44 5.57 9.10
NOPAT to Interest Expense		 8.99 5.40 8.69 9.61 8.10 6.23 8.99 11.48 9.96 4.13 6.87
EBIT Less CapEx to Interest Expense		 10.76 5.65 9.17 10.14 8.47 6.00 10.47 12.86 11.63 4.01 7.52
NOPAT Less CapEx to Interest Expense		 7.18 3.63 6.29 6.56 5.75 3.84 7.21 8.80 8.16 2.57 5.29
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 27.82% 34.76% 34.38% 34.50% 33.87% 36.04% 35.97% 35.08% 34.06% 36.34% 36.82%
Augmented Payout Ratio		 33.11% 37.36% 55.73% 63.93% 93.61% 112.19% 112.57% 122.25% 102.52% 104.20% 118.43%

Financials Breakdown Chart

Key Financial Trends

Installed Building Products (NYSE: IBP) started 2026 with a solid quarter on the income statement and strong operating cash flow, but the balance sheet shows a more leveraged capital structure after a large debt-funded financing move. Over the last several years, the company has generally delivered resilient profitability, while also using cash aggressively for acquisitions, buybacks, and dividends.

  • Q1 2026 revenue rose to $660.5 million, with gross profit of $212.3 million and operating income of $57.6 million.
  • Operating cash flow was strong at $102.3 million in Q1 2026, well above net income, showing good earnings-to-cash conversion.
  • Cash and equivalents climbed to $474.3 million at March 31, 2026, up meaningfully from $333.3 million at the end of Q3 2025.
  • The company continued to produce solid quarterly profitability, with $34.8 million of net income from continuing operations in Q1 2026.
  • EBIT margins remain respectable despite some pressure: Q1 2026 operating margin was about 8.7% ($57.6M / $660.5M).
  • Long-term equity value has been supported by cumulative retained earnings, which reached $1.019 billion in Q1 2026.
  • Revenue was down from $747.5 million in Q4 2025 and $778.2 million in Q3 2025, suggesting some seasonal or cyclical softness.
  • The quarter included $28.8 million of acquisitions, so growth is still partly dependent on M&A.
  • IBP issued $500.0 million of debt in Q1 2026 while repaying $318.6 million, leaving leverage elevated after financing activity.
  • Total debt rose to about $1.109 billion in Q1 2026, compared with roughly $880.8 million in Q3 2025, increasing balance sheet risk.
  • Interest expense remains a material drag, at $10.3 million in Q1 2026 versus $8.2 million in Q4 2025.
  • The company is still returning significant cash to shareholders, paying $59.4 million in dividends and repurchasing $25.5 million of stock in Q1 2026, which can compete with debt reduction.

Trend over the last four years: IBP has shown a pattern of steady revenue generation, healthy gross profit, and consistent positive operating cash flow. Quarterly operating cash flow has generally ranged from the low-$60 million area to more than $124 million, while net income has typically stayed strong. However, the balance sheet has become more leveraged over time, with debt financing increasingly used alongside acquisitions and capital returns.

Bottom line: Installed Building Products still looks fundamentally profitable and cash-generative, but investors should keep an eye on leverage. The business is producing enough cash to fund operations, acquisitions, dividends, and buybacks, yet the recent jump in debt means execution and free cash flow discipline will matter more going forward.

08/21/26 10:00 AM ETAI Generated. May Contain Errors.

Installed Building Products Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Installed Building Products' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Installed Building Products' net income appears to be on an upward trend, with a most recent value of $265.40 million in 2025, rising from $26.52 million in 2015. The previous period was $256.60 million in 2024. Find out what analysts predict for Installed Building Products in the coming months.

Installed Building Products' total operating income in 2025 was $386.40 million, based on the following breakdown:
  • Total Gross Profit: $1.01 billion
  • Total Operating Expenses: $622.90 million

Over the last 10 years, Installed Building Products' total revenue changed from $662.72 million in 2015 to $2.97 billion in 2025, a change of 348.3%.

Installed Building Products' total liabilities were at $1.36 billion at the end of 2025, a 0.3% increase from 2024, and a 424.2% increase since 2015.

In the past 10 years, Installed Building Products' cash and equivalents has ranged from $6.82 million in 2015 to $386.50 million in 2023, and is currently $321.90 million as of their latest financial filing in 2025.

Over the last 10 years, Installed Building Products' book value per share changed from 3.65 in 2015 to 26.17 in 2025, a change of 617.0%.


Related Companies

Financial statements for NYSE:IBP last updated on 8/6/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
ALERT: Drop these 5 stocks before the market opens tomorrow!
The Wall Street Journal is already raising the alarm about a potential market crash, and Weiss Ratings researc...
Weiss Ratings | Sponsoredtc pixel
Louis Navellier: My #1 AI stock for 2026 (name & ticker inside)
Louis Navellier's Stock Grader system helped him flag Nvidia before its 82,000% run and has identified the top...
InvestorPlace | Sponsoredtc pixel
Ready to give options a try? Your first trade (Ticker included) -INSIDE
Tired of trying tactic after tactic when it comes to options trades... only to be met with market noise and st...
Base Camp Trading | Sponsoredtc pixel
Small Colorado Company (Backed by Sam Altman) Could Save U.S. Power Grid
A small Colorado company has secured rights to technology that could prevent the U.S. public power grid from c...
Altimetry | Sponsoredtc pixel
They didn't warn anyone in 1971. This time someone is warning you.
On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...
Reagan Gold Group | Sponsoredtc pixel
Iran War Shock: What I Was Told In That Private Meeting
You’re Being LIED To About The Iran War Forget EVERYTHING you’ve heard about the Iran war. Especially th...
Banyan Hill Publishing | Sponsoredtc pixel
My top 3 AI picks for the next decade
Alexander Green bought Apple in 1996, recommended Nvidia at a split-adjusted 66 cents in 2004, and picked up A...
The Oxford Club | Sponsoredtc pixel
Buy this stock today
Marc Chaikin, founder of Chaikin Analytics, is sharing a strategy he calls 'Sell This, Buy That' - a way to mo...
Chaikin Analytics | Sponsoredtc pixel