Earnings summaries and quarterly performance for Installed Building Products.
Executive leadership at Installed Building Products.
Jeffrey Edwards
President and Chief Executive Officer
Brad Wheeler
Chief Operating Officer
Jason Niswonger
Chief Administrative and Sustainability Officer
Jeff Hire
President of External Affairs
Michael Miller
Chief Financial Officer
Todd Fry
Chief Accounting Officer
Board of directors at Installed Building Products.
Research analysts who have asked questions during Installed Building Products earnings calls.
Kenneth Zener
Seaport Research Partners
4 questions for IBP
Stephen Kim
Evercore ISI
4 questions for IBP
Susan Maklari
Goldman Sachs Group Inc.
4 questions for IBP
Alex Isaac
JPMorgan Chase & Co.
3 questions for IBP
Adam Baumgarten
Zelman & Associates
2 questions for IBP
Collin Verron
Deutsche Bank
2 questions for IBP
Jeffrey Stevenson
Loop Capital Markets LLC
2 questions for IBP
Keith Hughes
Truist Financial Corporation
2 questions for IBP
Kurt Yinger
D.A. Davidson & Co.
2 questions for IBP
Michael Dahl
RBC Capital Markets
2 questions for IBP
Trey Grooms
Stephens Inc.
2 questions for IBP
Christopher Kalata
RBC Capital Markets
1 question for IBP
Ethan Roberts
Stephens Inc.
1 question for IBP
Joe Ahlersmeyer
Truist Securities
1 question for IBP
Maggie Grady Miller
Jefferies
1 question for IBP
Margaret Grady
Jefferies
1 question for IBP
Michael Rehaut
JPMorgan Chase & Co.
1 question for IBP
Mike Dahl
RBC Capital Markets
1 question for IBP
Philip Ng
Jefferies
1 question for IBP
Reuben Garner
Stifel
1 question for IBP
Recent press releases and 8-K filings for IBP.
- 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.
- 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).
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
Quarterly earnings call transcripts for Installed Building Products.
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