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Installed Building Products Inc

installedbuildingproducts.com

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.

Products & Services

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

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.

Customers & Markets

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

Geographic Exposure

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

Financial Snapshot

Revenue
TTM
$2.947B
Gross Margin
TTM
33.81%
Net Income
TTM
$254.8M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
334.51%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$667.5M
Cash
2026 Q1
P/E
TTM
23.57
Free Cash Flow
TTM
$314.6M

Stock Price

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Market Cap: $6.0062 Billion

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