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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 +8 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 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
IBP Reports Record Q3 2025 Sales and Profitability
IBP
Earnings
M&A
Guidance Update
  • IBP reported record consolidated net revenue of $778 million, adjusted EBITDA of $140 million, and adjusted net income of $86 million or $3.18 per diluted share for Q3 2025.
  • The company returned nearly $213 million to shareholders through $78 million in cash dividends and $135 million in share repurchases during the nine months ended September 30, 2025.
  • Consolidated sales increased 2% in Q3 2025, driven by a 12% increase in commercial same branch sales (with heavy commercial exceeding 30% growth) and double-digit growth in complementary product sales, offsetting a 3% decline in residential same branch sales.
  • IBP acquired a manufacturer with $20 million in annual revenue during Q3 2025 and several other businesses totaling approximately $19 million in annual sales in October and November.
  • Looking ahead, residential housing starts are expected to be flat in 2026 compared to 2025, with a multifamily rebound weighted towards the back half of 2026, while heavy commercial sales and profitability are anticipated to remain healthy beyond 2025.
Nov 5, 2025, 3:00 PM
Installed Building Products, Inc. Reports Record Third Quarter 2025 Results
IBP
Earnings
Dividends
Share Buyback
  • Installed Building Products, Inc. reported record net revenue of $778.2 million for Q3 2025, a 2.3% increase from the prior year, alongside an 8.5% rise in net income to $74.4 million and a 12.3% increase in diluted net income per share to $2.74.
  • Adjusted EBITDA reached a record $139.9 million in Q3 2025, up 5.7% compared to the prior year period.
  • The company repurchased 200,000 shares of common stock for $51.5 million during Q3 2025 and declared a fourth quarter cash dividend of $0.37 per share, marking a 6% increase from the prior year's fourth quarter dividend.
  • IBP has acquired over $58 million in annual revenue to date in 2025, though it expects total acquired revenue for the year to be below its $100 million goal due to anticipated delays.
Nov 5, 2025, 12:34 PM
Installed Building Products Reports Record Third Quarter 2025 Results
IBP
Earnings
Dividends
Share Buyback
  • Installed Building Products reported record net revenue of $778.2 million, a 2.3% increase, and record net income of $74.4 million, up 8.5%, for the third quarter ended September 30, 2025.
  • Diluted earnings per share increased 12.3% to $2.74, and Adjusted EBITDA grew 5.7% to a record $139.9 million for the quarter.
  • The company generated $124.1 million in net cash flow from operations, an increase of 22.4%, and held $333.3 million in cash and cash equivalents as of September 30, 2025.
  • IBP repurchased 200,000 shares of common stock at a total cost of $51.5 million during the third quarter of 2025 and declared a $0.37 per share cash dividend for the fourth quarter.
  • To date in 2025, IBP has acquired over $58 million of annual revenue, though the total acquired revenue for 2025 is anticipated to be less than the annual goal of at least $100 million due to potential delays.
Nov 5, 2025, 12:30 PM
Installed Building Products Announces Acquisitions
IBP
M&A
New Projects/Investments
  • Installed Building Products, Inc. (IBP) announced the acquisition of Echols Glass & Mirror, Inc. and Vanderkoy Bros, LLC on October 13, 2025.
  • These acquisitions are expected to add over $16 million of annual revenue.
  • To date in 2025, IBP has acquired approximately $55 million in annual revenue through various acquisitions.
  • The acquisitions expand IBP's geographic presence and diversify its revenue and cash flows in attractive building product categories.
Oct 14, 2025, 11:07 AM
Installed Building Products Acquires Echols Glass & Mirror and Vanderkoy Bros
IBP
M&A
New Projects/Investments
Revenue Acceleration/Inflection
  • Installed Building Products, Inc. (IBP) has acquired Echols Glass & Mirror, Inc. and Vanderkoy Bros, LLC, which are expected to add over $16 million in annual revenue.
  • These acquisitions are a central component of IBP's growth strategy, contributing to $55 million in acquired revenue for 2025, and enhance its geographic reach and product diversification in the U.S. building products sector.
  • Following the announcement, IBP's stock showed positive movement, closing at $240.32 with a 0.47% increase and trading higher in after-hours at $245.29, up 2.07%.
  • Analysts rate IBP a 'Buy' with a price target of $266.00, and TipRanks’ AI Analyst Spark considers it an 'Outperform'.
Oct 13, 2025, 9:42 PM