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Installed Building Products (IBP)

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Earnings summaries and quarterly performance for Installed Building Products.

Research analysts who have asked questions during Installed Building Products earnings calls.

Kenneth Zener

Kenneth Zener

Seaport Research Partners

4 questions for IBP

Also covers: BLD, CCS, DHI +7 more
SK

Stephen Kim

Evercore ISI

4 questions for IBP

Also covers: AWI, BLD, DHI +11 more
SM

Susan Maklari

Goldman Sachs Group Inc.

4 questions for IBP

Also covers: ALH, AOS, AWI +24 more
AI

Alex Isaac

JPMorgan Chase & Co.

3 questions for IBP

Also covers: FOR, WHR
AB

Adam Baumgarten

Zelman & Associates

2 questions for IBP

Also covers: AMWD, AWI, AZEK +12 more
Collin Verron

Collin Verron

Deutsche Bank

2 questions for IBP

Also covers: BLD, BLDR, CNM +7 more
Jeffrey Stevenson

Jeffrey Stevenson

Loop Capital Markets LLC

2 questions for IBP

Also covers: BCC, BLD, BLDR +9 more
KH

Keith Hughes

Truist Financial Corporation

2 questions for IBP

Also covers: AMRZ, AWI, BLD +21 more
KY

Kurt Yinger

D.A. Davidson & Co.

2 questions for IBP

Also covers: BCC, BLD, BXC +8 more
Michael Dahl

Michael Dahl

RBC Capital Markets

2 questions for IBP

Also covers: AHR, AZEK, BECN +20 more
Trey Grooms

Trey Grooms

Stephens Inc.

2 questions for IBP

Also covers: ACA, AZEK, BECN +13 more
Christopher Kalata

Christopher Kalata

RBC Capital Markets

1 question for IBP

Also covers: AZEK, GMS, JELD +3 more
Ethan Roberts

Ethan Roberts

Stephens Inc.

1 question for IBP

Also covers: ACA, WMS
JA

Joe Ahlersmeyer

Truist Securities

1 question for IBP

MG

Maggie Grady Miller

Jefferies

1 question for IBP

Also covers: MAS, WSC
Margaret Grady

Margaret Grady

Jefferies

1 question for IBP

Also covers: BLD, TREX
MR

Michael Rehaut

JPMorgan Chase & Co.

1 question for IBP

Also covers: AZEK, BECN, BLD +17 more
Mike Dahl

Mike Dahl

RBC Capital Markets

1 question for IBP

Also covers: BECN, BLDR, CNM +13 more
Philip Ng

Philip Ng

Jefferies

1 question for IBP

Also covers: AWI, AZEK, BALL +26 more
RG

Reuben Garner

Stifel

1 question for IBP

Also covers: BCC, BECN, BLD +12 more

Recent press releases and 8-K filings for IBP.

Installed Building Products Acquires Thermo-Tech Mechanical Insulation
IBP
M&A
New Projects/Investments
  • Installed Building Products (IBP) has acquired Thermo-Tech Mechanical Insulation, Inc., a leading provider of mechanical insulation services.
  • This acquisition is aimed at supporting IBP's continued growth in the commercial space, building on its established market leadership in residential insulation services.
  • Following the acquisition, IBP's capabilities now extend across more than 250 locations and include over 10,000 employees.
1 day ago
Installed Building Products Announces Three Acquisitions
IBP
M&A
New Projects/Investments
Revenue Acceleration/Inflection
  • Installed Building Products, Inc. (IBP) announced the acquisition of Thermo-Tech Mechanical Insulation, Inc., Biomax Spray Foam Insulation, LLC, and CKV Finished Products LLC.
  • These three acquisitions collectively add over $22 million of annual revenue to IBP.
  • The acquisitions include Thermo-Tech (acquired on February 2, 2026, with approximately $13 million in annual revenue), Biomax (acquired on January 19, 2026, with approximately $5 million in annual revenue), and CKV (acquired on December 11, 2025, with approximately $4 million in annual revenue).
4 days ago
IBP Announces Three Acquisitions
IBP
M&A
New Projects/Investments
Revenue Acceleration/Inflection
  • Installed Building Products (IBP) announced the acquisition of Thermo-Tech Mechanical Insulation, Inc., Biomax Spray Foam Insulation, LLC, and CKV Finished Products LLC, which are expected to collectively add over $22 million of annual revenue.
  • The acquisitions include Thermo-Tech (acquired February 2, 2026, with approximately $13 million annual revenue), Biomax (acquired January 19, 2026, with approximately $5 million annual revenue), and CKV (acquired December 11, 2025, with approximately $4 million annual revenue).
  • These strategic moves further expand IBP's national footprint and diversify its revenue and cash flows across various residential and commercial markets, aligning with the company's growth strategy.
4 days ago
Installed Building Products Closes Notes Offering and Amends Credit Facility
IBP
Debt Issuance
  • Installed Building Products, Inc. (IBP) announced the closing of a private offering of $500 million in aggregate principal amount of 5.625% senior unsecured notes due 2034.
  • The net proceeds of approximately $490 million from the 2034 Notes offering were primarily used to fund the conditional redemption in full of the outstanding 5.75% senior unsecured notes due 2028, which amounted to approximately $308.2 million.
  • The company also amended its existing ABL Revolver, increasing commitments from $250 million to $375 million and extending the maturity date to January 21, 2031.
  • The ABL Revolver is currently undrawn.
Jan 22, 2026, 9:32 PM
Installed Building Products Closes $500 Million Notes Offering and Amends Credit Facility
IBP
Debt Issuance
Financial Restructuring
  • Installed Building Products closed a private offering of $500 million in 5.625% senior unsecured notes due 2034, with approximately $490 million in net proceeds used to fund the conditional redemption of its 5.75% senior unsecured notes due 2028, scheduled for January 22, 2026.
  • The company also amended its asset-based lending revolving credit facility, increasing commitments to $375 million from $250 million and extending its maturity to January 21, 2031.
  • These actions extend IBP's debt maturities and provide significant financial flexibility and access to capital.
Jan 21, 2026, 9:30 PM
Installed Building Products announces pricing of $500 million notes offering
IBP
Debt Issuance
  • Installed Building Products, Inc. (IBP) announced the pricing of $500 million in aggregate principal amount of 5.625% senior unsecured notes due 2034.
  • The offering is expected to close on or about January 21, 2026.
  • The net proceeds will be used to fund the conditional redemption in full of the outstanding 5.75% senior unsecured notes due 2028, pay related fees and expenses, and for general corporate purposes.
Jan 7, 2026, 9:32 PM
Installed Building Products Announces Launch of Debt Offering and Redemption of Existing Notes
IBP
Debt Issuance
New Projects/Investments
  • Installed Building Products, Inc. (IBP) announced the launch of an offering for $500 million in aggregate principal amount of senior unsecured notes due 2034.
  • The company intends to use the net proceeds to conditionally redeem its outstanding $300 million 5.75% senior unsecured notes due 2028, with the redemption contingent upon the successful issuance of the new notes.
  • As of September 30, 2025, IBP's capitalization included $298.6 million in Senior Notes due 2028, which would be replaced by the new $500.0 million notes in the as-adjusted scenario.
  • IBP also expects to enter into an amended and extended ABL Credit Agreement, providing an ABL Revolver of up to $375.0 million with a five-year maturity.
Jan 6, 2026, 1:32 PM
Installed Building Products Announces Launch of Debt Offering
IBP
Debt Issuance
  • Installed Building Products (IBP) announced the launch of an offering for $500 million in aggregate principal amount of senior unsecured notes due 2034.
  • The net proceeds from this offering are intended to fund the conditional redemption of the outstanding 5.75% senior unsecured notes due 2028, pay related fees and expenses, and for other general corporate purposes.
  • The offering is subject to market and other conditions, with no assurance that it will be completed.
Jan 6, 2026, 1:30 PM
Installed Building Products Enters Share Repurchase Agreement
IBP
Share Buyback
  • Installed Building Products, Inc. (IBP) entered into a share repurchase agreement on November 24, 2025, to buy back 150,000 shares of its common stock from PJAM IBP Holdings, Inc., an entity beneficially owned by CEO Jeff Edwards.
  • The repurchase price is $250.96 per share, which was determined by taking the last reported sales price on November 21, 2025, and applying a 3% discount.
  • The total purchase price for the shares is $37,643,760, to be funded from the Company's cash on hand. This transaction, part of a previously announced stock buyback program, was approved by IBP's Board of Directors and Audit Committee.
Nov 24, 2025, 9:31 PM
IBP Reports Q3 2025 Financial Performance and Capital Allocation
IBP
Earnings
Dividends
Share Buyback
  • For the LTM period ending September 30, 2025, IBP reported $2,973.5 million in net revenue and $508.3 million in Adjusted EBITDA, with an Adjusted EBITDA margin of 17.1%.
  • The company generated $304.4 million in free cash flow for the LTM period ending September 30, 2025, contributing to over $1 billion in free cash flow over five years.
  • IBP maintains a conservative capital structure with a Net Debt / Adjusted EBITDA ratio of 1.09x as of September 30, 2025, which is below its target of less than 2.00x.
  • Capital allocation priorities include acquisitions, a quarterly dividend of $0.37 per share, and share repurchases under a $500 million authorization expiring March 1, 2026.
  • The long-term outlook targets include mid-teens Adjusted EPS growth and 20-25% organic incremental margin for Adjusted EBITDA growth, with an assumption to target >$100 million of acquired revenue annually.
Nov 5, 2025, 3:00 PM