Installed Building Products, Inc.

IBP Consumer Cyclical Residential Construction

Installed Building Products, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.0 billion, up 1.00% from fiscal 2024.

Revenue
+3.88%
EPS
−18.2%
Free cash flow
−44.0%
Total debt
+19.9%

Quarter to September 2026, against a year earlier

221.55 13.87 −5.89%
Market cap
$5.9B
P/E
25.1×
Fwd P/E
24.3×
Dividend yield
0.52%
F-score
8/9
Altman Z
6.28
Beneish M
−2.70
Dividend safety
76/100

Insider Decisions last twelve months

Bought, $m 1.04
Sold, $m 126.30
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 4 1 — — — — —
Sell — — — 2 — — — — — 1 — —
Insider Ownership 13.52%

Capital & Financial Ratios $m

Size
Market Cap 5,930.00
Revenue ttm 2,994.20
Net income ttm 235.70
Free cash flow ttm 247.60
Net debt Q 644.30
Valuation
P/E 25.06
Forward P/E 24.30
Price / sales 1.96
Forward P/S Powerpack
Price / FCF 23.66
Price / book 8.41 (above 6: high)
Financial health
Current ratio Q 3.12 (at or above 1.5: strong)
Debt / equity Q 1.52
Interest coverage Q 8.82
Growth
Revenue growth Q +3.88% (above 0%: growing)
Operating income growth Q −14.14% (below 0%: shrinking)
EPS, this year −11.11% (below 0%: weak)
EPS, next year A +2.50%
Revenue, next year A +0.58%
EPS, past 5 yrs +24.32% (at or above 15%: strong)
EPS, next 5 yrs A +2.05%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 37.81%
10-year low 10-year high
P/S against its own 10 years 72.97%
10-year low 10-year high
P/B against its own 10 years 49.25%
10-year low 10-year high
EV/Sales against its own 10 years 73.74%
10-year low 10-year high
EV/FCF against its own 10 years 48.92%
10-year low 10-year high

Dividends

Yield
0.52%
Annual rate
1.15
Payout ratio
13.1%
Growth, 2021–25
−1.93%/yr
  1. 1.20 ’21
  2. 2.16 ’22 +80
  3. 1.32 ’23 −39
  4. 1.05 ’24 −20
  5. 1.11 ’25 +6
  6. 3.38 ’26e +204
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 387 328 322 416
Receivables 423 434 444 485
Inventory 163 195 203 224
Other — — — —
1,070 1,055 1,043 1,194
2023 2024 2025 Q'26
Payables 159 147 119 141
ST’ Debt 32 32 37 34
Other 65 77 79 86
346 359 344 383

Compound Annual Growth %

10y 5y 3y
Sales 16.19% 12.44% 3.63%
Cash Flow 26.81% 15.49% 10.15%
Earnings 25.90% 22.24% 5.91%
Book Value 20.02% 17.34% 12.89%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 1.29 2.43 2.24 — —
’25 1.64 2.52 2.74 2.83 9.71
’24 1.97 2.30 2.44 2.39 9.10
’23 1.74 2.18 2.40 2.29 8.61
’22 1.14 2.07 2.13 2.42 7.74
’21 0.58 1.26 1.18 0.99 4.01
’20 0.53 0.86 0.95 0.94 3.27
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 661 778 808 — —
’25 685 760 778 748 2,971
’24 693 738 761 750 2,941
’23 659 692 707 721 2,779
’22 587 677 719 686 2,670
’21 437 488 510 534 1,969
’20 397 394 420 441 1,653
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 102 69 75 — —
’25 92 90 124 65 371
’24 85 79 101 75 340
’23 74 64 112 90 340
’22 48 51 99 79 278
’21 38 46 33 22 138
’20 36 70 38 37 181
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 86 52 59 — —
’25 72 76 106 50 304
’24 64 59 78 53 254
’23 60 52 94 76 281
’22 38 38 89 69 234
’21 27 37 27 13 104
’20 26 63 30 29 148
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 863 1,133 1,336 1,512 1,653 1,969 2,670 2,779 2,941 2,971 2,994 +14.7% 2,988 3,049 3,236 +2.9%
Gross margin, % 29.25 28.60 27.80 28.77 30.85 29.94 31.01 33.50 33.81 33.97 33.07 +4.7 pt
EBT 60 56 72 93 131 156 303 333 346 357 315 +22.0%
EBT margin, % 6.91 4.93 5.40 6.13 7.93 7.90 11.36 11.99 11.78 12.02 10.53 +5.1 pt
Net income 38 41 55 68 97 119 223 244 257 265 236 +23.9%
Per share, $
Per share, $ Revenue 27.57 35.81 42.96 50.81 56.03 67.04 93.00 98.66 104.93 109.21 113.22 +16.5%
Earnings 1.23 1.30 1.76 2.29 3.30 4.04 7.78 8.65 9.16 9.76 8.84 +25.9%
Cash flow 2.34 2.17 3.11 4.14 6.13 4.71 9.68 12.08 12.13 13.65 11.75 +21.6%
Capex (0.84) (0.97) (1.07) (1.66) (1.10) (1.17) (1.52) (2.09) (3.06) (2.50) (2.39) +12.9%
Free cash flow 1.50 1.20 2.04 2.48 5.03 3.54 8.16 9.99 9.07 11.16 9.36 +25.0%
Book value 4.92 6.65 5.87 8.40 10.82 14.19 17.19 23.80 25.16 26.10 26.33 +20.4%
Shares, m 31 32 31 30 30 29 29 28 28 27 27 (1.5%)
Valuation, ×
Valuation, × P/E 33.86 58.27 19.14 30.07 30.89 34.50 11.25 20.86 19.13 26.52 25.06 28.5
P/S 1.51 2.12 0.78 1.36 1.82 2.08 0.94 1.83 1.67 2.38 1.96 1.6
P/B 8.47 11.38 5.74 8.20 9.42 9.84 5.11 0.00 6.96 9.94 8.41 7.5
EV/Sales 1.68 2.35 1.05 1.59 2.02 2.35 1.18 2.01 1.86 2.57 2.17 1.9
EV/FCF 30.87 69.84 22.19 32.66 22.53 44.58 13.48 19.82 21.49 25.12 26.27 30.3
Cash, $m
Cash, $m Operating cash flow 73 69 97 123 181 138 278 340 340 371 311 +19.8%
Capex (26) (31) (33) (49) (32) (34) (44) (59) (86) (68) (63) +11.1%
Free cash flow 47 38 63 74 148 104 234 281 254 304 248 +23.0%
Balance, $m
Balance, $m Working capital 62 195 230 368 387 552 556 724 696 698 812 +30.8%
Net debt 145 261 358 357 336 533 638 487 553 569 644 +16.4%
Shareholders’ equity 154 211 182 250 319 417 494 670 705 710 696 +18.5%
Returns, %
Returns, % ROA 9.20 6.85 6.96 7.05 8.50 8.36 13.02 12.96 12.70 12.86 10.83 +3.7 pt
ROIC 13.79 9.83 10.78 12.48 15.44 12.37 19.08 19.93 19.00 18.89 16.44 +5.1 pt
ROE 28.63 22.57 27.86 31.52 34.17 32.28 49.08 103.70 75.27 37.51 34.29 +8.9 pt
People
People Employees 5,292 6,900 7,700 8,500 8,950 9,500 10,300 10,600 10,800 10,400 — +7.8%
Revenue/emp, $m 0.16 0.16 0.17 0.18 0.18 0.21 0.26 0.26 0.27 0.29 — +6.4%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Installed Building Products, Inc. vs peers in Residential Construction (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NVR NVR, Inc. $17.1B 16.9× 17.6× −7.94% (below 0%: shrinking) −21.61% (below 0%: shrinking) −52.66% (below 0%: shrinking) 0.00% 0.00% Compare
TOL Toll Brothers Inc. $14.3B 12.4× 11.5× −9.72% (below 0%: shrinking) −20.74% (below 0%: shrinking) −36.31% (below 0%: shrinking) 23.52% 13.51% Compare
IBP Installed Building Products, Inc. $5.9B 25.1× 24.3× +3.88% (above 0%: growing) −18.18% (below 0%: shrinking) −43.98% (below 0%: shrinking) 31.84% 11.34%
SKY Champion Homes, Inc. $5.1B 27.2× 24.4× +6.22% (above 0%: growing) −1.22% (below 0%: shrinking) −57.16% (below 0%: shrinking) 25.53% 9.05% Compare
CVCO Cavco Industries, Inc. $4.9B 27.1× 27.5× +17.94% (above 0%: growing) +9.06% (above 0%: growing) −3.01% (below 0%: shrinking) 22.49% 10.65% Compare
MTH Meritage Homes Corporation $4.6B 15.9× 14.9× −17.41% (below 0%: shrinking) −25.71% (below 0%: shrinking) +66.18% (above 0%: growing) 17.88% 6.79% Compare
MHO M/I Homes, Inc. $3.4B 12.5× 12.0× −4.92% (below 0%: shrinking) −34.66% (below 0%: shrinking) −139.62% (below 0%: shrinking) 20.86% 7.74% Compare
KBH KB Home $3.2B 14.4× 14.9× −19.96% (below 0%: shrinking) −35.34% (below 0%: shrinking) −178.04% (below 0%: shrinking) 16.85% 5.54% Compare
GRBK Green Brick Partners, Inc. $2.8B 10.6× 10.6× −8.82% (below 0%: shrinking) −23.16% (below 0%: shrinking) −346.83% (below 0%: shrinking) 29.84% 17.05% Compare
Median of peers $4.7B 15.1× 14.9× −8.38% −22.38% −54.91% 21.68% 8.40%

All 19 Residential Construction stocks →

Pay and ownership Proxy statement filed 8 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 7.10m 11.51m 276.00
2024 6.17m 6.24m 183.00
2023 5.93m 10.43m 189.00
2022 5.33m 696.97k 87.00
2021 4.35m 7.67m 138.00

Ownership

Directors and executive officers, together 13.80%
BlackRock, Inc. 13.70%
Jeffrey W. Edwards 13.10%
The Vanguard Group, Inc. 9.70%
PJAM IBP Holdings, Inc. 6.40%
Kayne Anderson Rudnick Investment Management, LLC 6.40%
T. Rowe Price Associates, Inc. 5.80%
Installed Building Systems, Inc. 5.30%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Installed Building Products, Inc. (IBP) Latest News

19 Oct

13 Aug

Impact 3 · · The Motley Fool transcript

8 Aug

Impact 3 · · MarketBeat transcript

11 Jun

Impact 3 · · MarketBeat

10 May

IBP metrics, ten years each

stockrow.com/IBP · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com