Installed Building Products

Installed Building Products, Inc. engages in the business of installing insulation for the residential new construction market. Its products include garage doors, rain gutters, shower doors, closet shelving, and mirrors. The company was founded in 1977 and is headquartered in Columbus, OH.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Installed Building Products achieves record 2022 results amidst market challenges

Installed Building Products (IBP) delivered exceptional financial performance in 2022, marked by record revenue and profitability metrics. The company's focus on sustainability, strategic acquisitions, and market expansion positions it well for future growth. While facing challenges related to market dynamics and customer sentiment, IBP remains confident in maintaining historical gross margin ranges and navigating potential risks.

Installed Building Products reports record Q1 results amidst market challenges

Installed Building Products (IBP) delivered a stellar performance in Q1 2023, marked by record revenue and profitability. Despite industry challenges like a tight fiberglass market and potential tax credit impacts, IBP's strong balance sheet and strategic acquisitions position it well for growth. Anticipated market recovery in the latter part of the year presents opportunities for IBP to capitalize on.

Installed Building Products achieves record Q2 performance and eyes growth

IBP delivered exceptional financial performance in Q2, setting records in sales, net income, and earnings per share.
The company's strategic acquisitions, positive trajectory, and focus on profitable work position it well for future growth.
Challenges include managing SG&A costs, optimizing commercial business segments, and maintaining productivity amidst inventory normalization.
Opportunities lie in a favorable market environment, stable multiples for acquisitions, and sustained growth potential in 2024.

Installed Building Products achieves record Q3 earnings amidst market challenges

IBP's Q3 2023 performance showcased record net income and EBITDA, driven by strong multifamily sales offsetting weaker single-family sales.
The company's liquidity position is robust, with a focus on maintaining margins and shareholder value through dividend increases and share repurchases.
Challenges include tight labor and material costs, potential volume fluctuations, and price/mix impacts, but opportunities lie in market expansion and acquisitions.
Overall, IBP's strategic focus on value over volume, margin maintenance, and growth through acquisitions positions them well for future profitability and market share gains.

Installed Building Products achieves record results, eyes growth opportunities

IBP's Q4 2023 earnings call showcased exceptional financial performance, setting new records in revenue, net income, and adjusted EBITDA.
While facing challenges like margin impacts and product availability issues, IBP remains well-positioned with strong liquidity and growth opportunities.
The company's strategic strengths, including dividend increases and stock buyback programs, underscore its commitment to shareholder value.
With a focus on operational efficiency and growth in key market segments, IBP aims to navigate challenges and capitalize on emerging opportunities.

Installed Building Products reports record Q1 performance and growth outlook

Installed Building Products (IBP) delivered a strong Q1 2024 performance with record profitability and revenue growth. The company's strategic focus on organic growth, operational efficiency, and market positioning are key strengths.
While facing challenges in the multi-family sector and managing supply constraints, IBP remains optimistic about growth opportunities. Opportunities lie in single-family market growth, insulation products, and strategic capital allocation.
IBP's ability to navigate market pressures, maintain margin profile, and capitalize on growth prospects positions the company for long-term success. The emphasis on consistency in spec building and pricing strategies reflects IBP's competitive edge in the industry.

Installed Building Products reports robust Q2 earnings and growth outlook

Installed Building Products (IBP) delivered a strong performance in Q2 2024, driven by revenue growth, margin expansion, and efficient cost management.
While facing challenges in operational streamlining and market uncertainties, IBP's strategic acquisitions and financial discipline bolster its resilience.
With a focus on capitalizing on growth opportunities and enhancing shareholder value, IBP remains well-positioned for sustainable success in the construction sector.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Installed Building Products' (IBP) solid acquisition strategies and balanced capital allocation strategy are likely to help it grow further.

Reasons to Buy Installed Building Products (IBP) Stock Now

Installed Building Products (IBP) could produce exceptional returns because of its solid growth attributes.

3 Reasons Why Installed Building Products (IBP) Is a Great Growth Stock

Installed Building Products has taken a tumble lately, even more so than the broader market. This is in spite of the fact that the company's top and bottom line performance continues to come in strong.

Installed Building Products: Finally Looking Attractive

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP) earned the National Preferred Partner Award from David Weekley Homes' 18th annual National Preferred Partner Survey. The award recognizes field and manufacturing partners that have consistently operated at world-class levels for quality and customer service, as determined by the home builder's supplier evaluation platform. For the second year in a row, IBP is one of only 12 companies to be na

Installed Building Products Awarded With “National Preferred Partner” Distinction

DALLAS--(BUSINESS WIRE)--The NACD North Texas Chapter, the advocate for the profession of directorship, today announced the election of new officers and board members for 2022–2023, effective July 1, 2022. New Officers Margot Carter has been selected as board chair of the NACD North Texas Chapter. She is president of Living Mountain Capital and builds businesses in technology, real estate, and construction. She is the lead director of Installed Building Products (NYSE: IBP), and sits on the boa

NACD North Texas Announces New Chapter Officers and Board Members for 2022–2023

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today the acquisition of Statewide Insulation, Inc. doing business as Tri-County Insulation and Acoustical Contractors (“Tri-County”). Established in 1974, Tri-County is headquartered in Santa Clara, California, with two additional California locations in Santa Cruz and Santa Maria. Tri-County primaril

Installed Building Products Announces the Acquisition of Tri-County Insulation and Acoustical Contractors

Installed Building Products, Inc. (NYSE:IBP ) Q1 2022 Earnings Conference Call May 5, 2022 10:00 AM ET Company Participants Darren Hicks - Director of Investor Relations Jeffrey Edwards - Chairman and CEO Michael Miller - CFO Jason Niswonger - Chief Administrative & Sustainability Officer Conference Call Participants Kenneth Zener - KeyBanc Capital Markets Trey Grooms - Stephens Inc. Michael Dahl - RBC Capital Markets Susan Maklari - Goldman Sachs Adam Baumgarten - Zelman & Associates Trey Morrish - Evercore ISI Keith Hughes - Truist Securities Douglas Wardlaw - JPMorgan Daniel Oppenheim - Credit Suisse Ryan Gilbert - BTIG Operator Greetings, and welcome to Installed Building Products Fiscal 2022 First Quarter Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Installed Building Products, Inc. (IBP) CEO Jeffrey Edwards on Q1 2022 Results - Earnings Call Transcript

Installed Building Products (IBP) delivered earnings and revenue surprises of 42.59% and 8.44%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Installed Building Products (IBP) Beats Q1 Earnings and Revenue Estimates

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the first quarter ended March 31, 2022. First Quarter 2022 Highlights (Comparisons are to Prior Year Period) Net revenue increased 34.4% to a quarterly record $587.5 million Installation revenue increased 30.0% to $561.6 million, driven by strong growth across IBP's residential new co

Installed Building Products Reports Record First Quarter 2022 Results and Declares Regular Quarterly Cash Dividend

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation products, announced today that the Company will release its first quarter 2022 financial results on May 5, 2022. A webcast and conference call will be held that same day at 10:00 a.m. (Eastern Time) to review the Company's results. Webcast: The conference call will be available on the investor relations section of the Company's website at www.installedbuild

Installed Building Products to Report First Quarter 2022 Financial Results

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced that it has invested in Energi.ai, a unified data driven, artificial intelligence (“AI”), and machine learning platform for climate action. IBP will become the first U.S. client to utilize the Energi.ai platform. “We are excited to become an early investor in Energi.ai and a part of the innovativ

Installed Building Products Invests in Energi.ai, a Next Generation AI Platform Building Climate Solutions That Help Businesses Monitor Greenhouse Gas Emissions

Installed Building Products (IBP) expands its footprint across the U.S. Northeast and Mid-Atlantic region with the acquisition of CAS.

Installed Building (IBP) Rides on Central Aluminum Supply Buyout

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today the acquisition of Central Aluminum Supply Corporation and Central Aluminum Supply of North Jersey, LLC (“CAS”). Established in 2004, CAS is headquartered in Trenton, New Jersey and is a distributor of gutter supplies and accessories to residential, multifamily and commercial markets, primarily i

Installed Building Products Announces the Acquisition of Central Aluminum Supply Corporation

Installed Building Products is an asset-light business with a proven ability to grow in various market environments.

Installed Building Products: Removing Cyclicality

Installed Building Products (IBP) expands its footprint in the North Carolina market with the Pisgah buyout.

Installed Building (IBP) Buys Pisgah, Expands in North Carolina

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today the acquisition of Pisgah Insulation and Fireplaces of NC, LLC. (“Pisgah”). Established in 2001, Pisgah is headquartered in Mills River, North Carolina and primarily installs spray foam insulation, fiberglass insulation, and fireplaces into new residential homes in the Asheville, NC market. “With

Installed Building Products Announces the Acquisition of Pisgah Insulation and Fireplaces of NC, LLC

Installed Building Products, Inc. (IBP) CEO Jeff Edwards on Q4 2021 Results - Earnings Call Transcript

Installed Building Products (IBP) delivered earnings and revenue surprises of -7.19% and 1.90%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Installed Building Products (IBP) Misses Q4 Earnings Estimates

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the "Company" or "IBP") (NYSE:IBP), an industry-leading installer of insulation and complementary building products, today announced record results for the fourth quarter and fiscal year ended December 31, 2021. Fourth Quarter 2021 Highlights (Comparisons are to Prior Year Period) Net revenue increased 20.9% to a record $533.7 million Net income increased 5.5% to $29.4 million Adjusted EBITDA* increased 11.5% to $74.8 million N

Installed Building Products Reports Record Fourth Quarter and Fiscal Year Results

COLUMBUS, Ohio--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: INSTALLED BUILDING PRODUCTS CLOSES AMENDED AND EXTENDED ABL CREDIT FACILITY Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced that the Company has amended its asset-based lending credit facility (“New ABL Revolver”), which now pr

CORRECTING and REPLACING Installed Building Products Closes Amended and Extended ABL Credit Facility

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced that the Company has amended its asset-based lending credit facility (“New ABL Revolver”), which now provides up to $250 million in asset-based borrowing capacity and extends the maturity date to February 17, 2027. The New ABL Revolver terms amend the terms of the prior $200 million asset-based l

Installed Building Products Closes Amended and Extended ABL Credit Facility

COLUMBUS, Ohio--(BUSINESS WIRE)--Installed Building Products, Inc. (the “Company”) (NYSE: IBP), an industry-leading installer of insulation products, announced today that the Company will release its fourth quarter 2021 financial results on February 24, 2022. A webcast and conference call will be held that same day at 10:00 a.m. (Eastern Time) to review the Company's results. Webcast: The conference call will be available on the investor relations section of the Company's website at www.install

Installed Building Products to Report Fourth Quarter 2021 Financial Results

TopBuild

D.R. Horton

KB Home

Lennar

Toll Brothers

Shares of Lennar Corporation (NYSE: LEN) have come down roughly 10% this month, and KeyBanc Capital Markets says the road is likely to remain bumpy in the coming months as well. Zener sees a 15% downside in Lennar Corp In a note this morning, KeyBanc's Kenneth Zener downgraded Lennar to “underweight” with a price target […] The post KeyBanc just raised the alarm on homebuilder stocks appeared first on Invezz.

KeyBanc just raised the alarm on homebuilder stocks

COLUMBUS, Ohio--(BUSINESS WIRE)--During its third year, the Installed Building Products Foundation – established by Installed Building Products, Inc. (NYSE: IBP), an industry-leading installer of insulation and building products – donated $1.3 million in 2021 in grants to nonprofits. The grants went to 29 organizations in the United States including 12 nonprofit organizations right here in Ohio, five of which are in central Ohio. Each nonprofit provides home-building or renovation services for

Installed Building Products Foundation Gives $1.3 Million in 2021

The AZEK Company

Trex

JPMorgan analyst Michael Rehaut upgraded  Azek Company Inc (NYSE:AZEK) to Overweight from Neutral and raised the price target to $56 (an upside of 31%) from $54.  The analyst believes Azek's valuation – currently trading at "near-record high discounts" to Trex Company Inc, does not fully reflect the company's fundamental prospects over the next two years as well as on a longer-term basis.

News for Installed Building Products Stock (IBP)