Installed Building Products Inc (NYSE: IBP) is a residential and commercial insulation installation company that purchases insulation and related building products and installs them in new and existing structures. IBP generates revenue by charging contractors and homebuilders for the supply and installation of insulation, gutters, fireproofing, and other building products at the job site. The company operates as a installer and service provider within the construction supply chain, positioned between manufacturers of insulation materials and homebuilders or general contractors who require finished installation work. IBP is headquartered in Columbus, Ohio and has grown through acquisitions of regional installation businesses across the United States. The business is transactional, with revenue tied directly to construction activity, particularly single-family and multifamily housing starts. Demand is driven by new residential construction volumes, which makes IBP's revenue sensitive to housing cycle conditions.

Revenue model

Transactional revenue from supplying and installing insulation and complementary building products. IBP purchases materials from manufacturers, marks them up, and charges for labor and installation at the job site.

Products and services

Insulation installation (primary product), gutters, fireproofing, shower doors, shelving, garage doors, and other building products installed in residential and commercial structures.

Customers and end markets

Homebuilders, general contractors, and multifamily developers. Primary end market is new residential construction, with secondary exposure to commercial and existing-home retrofit projects.

Value-chain role

Specialty installation contractor and distributor. Sits between insulation manufacturers and homebuilders or general contractors, providing last-mile installation services.

Geographic exposure

United States, with a national branch network built through acquisitions of regional installers.

Source: SEC 10-K, filed 2026-02-26

Industry: General Bldg Contractors - Residential Bldgs Peers: Cavco Industries Inc Meritage Homes Corp D.R. Horton Inc KB Home LGI Homes Inc SEKISUI HOUSE U.S., INC. Champion Homes Inc Taylor Morrison Home Corp Toll Brothers Inc Tri Pointe Homes Inc (Delaware)