Installed Building Products Inc. | Mid-cap | Consumer Cyclical
$239.20
-0.53%
| Installed Building Stock Comparison:
Installed Building vs D.R. HortonInstalled Building vs LennarInstalled Building vs Taylor Morrison HomeInstalled Building vs Meritage HomesInstalled Building vs KB HomeInstalled Building vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 684.8M
Gross Profit 223.7M 32.67%
Operating Income 69.8M 10.19%
Net Income 45.4M 6.63%
EPS (Diluted) $1.64

Balance Sheet Metrics

Total Assets 2.0B
Total Liabilities 1.3B
Shareholders Equity 660.9M
Debt to Equity 2.03

Cash Flow Metrics

Operating Cash Flow 90.2M
Free Cash Flow 71.9M

Revenue & Profitability Trend

Installed Building Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 2.9B 2.8B 2.7B 2.0B 1.7B
Cost of Goods Sold i 1.9B 1.8B 1.8B 1.4B 1.1B
Gross Profit i 994.5M 930.7M 827.8M 589.5M 510.0M
Gross Margin % i 33.8% 33.5% 31.0% 29.9% 30.8%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 564.6M 517.1M 454.7M 365.6M 319.6M
Other Operating Expenses i - - - - -
Total Operating Expenses i 564.6M 517.1M 454.7M 365.6M 319.6M
Operating Income i 387.4M 369.1M 329.3M 186.8M 161.9M
Operating Margin % i 13.2% 13.3% 12.3% 9.5% 9.8%
Non-Operating Items
Interest Income i - - - - -
Interest Expense i 36.9M 37.0M 41.6M 32.8M 30.3M
Other Non-Operating Income -4.1M 1.0M 15.6M 1.5M -399.0K
Pre-tax Income i 346.4M 333.1M 303.3M 155.5M 131.2M
Income Tax i 89.8M 89.4M 79.9M 36.7M 33.9M
Effective Tax Rate % i 25.9% 26.8% 26.3% 23.6% 25.9%
Net Income i 256.6M 243.7M 223.4M 118.8M 97.2M
Net Margin % i 8.7% 8.8% 8.4% 6.0% 5.9%
Key Metrics
EBITDA i 522.7M 495.8M 446.5M 290.2M 249.5M
EPS (Basic) i $9.16 $8.65 $7.78 $4.04 $3.30
EPS (Diluted) i $9.10 $8.61 $7.74 $4.01 $3.27
Basic Shares Outstanding i 28030187 28161583 28708166 29367676 29504115
Diluted Shares Outstanding i 28030187 28161583 28708166 29367676 29504115

Income Statement Trend

Installed Building Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 327.6M 386.5M 229.6M 333.5M 231.5M
Short-term Investments i - - - - 0
Accounts Receivable i 433.9M 423.3M 397.2M 312.8M 266.6M
Inventory i 194.6M 162.8M 176.6M 143.0M 77.2M
Other Current Assets 98.8M 97.4M 81.0M 70.0M 48.7M
Total Current Assets i 1.1B 1.1B 884.4M 859.3M 623.9M
Non-Current Assets
Property, Plant & Equipment i 95.6M 78.1M 76.2M 69.9M 53.8M
Goodwill i 1.1B 1.1B 1.0B 909.5M 605.1M
Intangible Assets i 270.5M 268.7M 283.4M 264.4M 171.4M
Long-term Investments - - - - -
Other Non-Current Assets 31.5M 28.5M 42.5M 31.1M 17.7M
Total Non-Current Assets i 1.0B 911.3M 894.5M 793.9M 563.7M
Total Assets i 2.1B 2.0B 1.8B 1.7B 1.2B
Liabilities
Current Liabilities
Accounts Payable i 146.6M 158.6M 149.2M 132.7M 101.5M
Short-term Debt i 69.5M 63.2M 59.6M 55.8M 44.2M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities 76.5M 65.0M 67.7M 68.1M 45.0M
Total Current Liabilities i 359.0M 346.4M 328.1M 307.6M 236.5M
Non-Current Liabilities
Long-term Debt i 908.8M 891.6M 886.4M 881.6M 578.8M
Deferred Tax Liabilities i 26.3M 24.5M 28.4M 4.8M 35.0K
Other Non-Current Liabilities 60.5M 48.5M 42.5M 42.4M 53.2M
Total Non-Current Liabilities i 995.6M 964.6M 957.3M 928.8M 632.0M
Total Liabilities i 1.4B 1.3B 1.3B 1.2B 868.5M
Equity
Common Stock i 300.0K 300.0K 300.0K 333.0K 331.0K
Retained Earnings i 865.5M 693.8M 513.1M 352.5M 269.4M
Treasury Stock i 456.8M 302.2M 289.3M 147.2M 141.7M
Other Equity - - - - -
Total Shareholders Equity i 705.3M 670.3M 493.5M 416.8M 319.2M
Key Metrics
Total Debt i 978.3M 954.8M 946.0M 937.4M 623.0M
Working Capital i 695.9M 723.6M 556.3M 551.7M 387.5M

Balance Sheet Composition

Installed Building Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 256.6M 243.7M 223.4M 118.8M 97.2M
Depreciation & Amortization i 134.5M 125.7M 117.7M 103.0M 88.0M
Stock-Based Compensation i 19.4M 15.9M 13.8M 13.8M 10.8M
Working Capital Changes i -71.2M -40.6M -72.5M -102.6M -13.1M
Operating Cash Flow i 331.0M 335.8M 275.2M 137.9M 175.8M
Investing Activities
Capital Expenditures i -85.7M -58.9M -43.6M -34.3M -32.4M
Acquisitions i -88.6M -59.6M -113.5M -241.3M -76.4M
Investment Purchases i 0 0 -344.4M 0 -776.0K
Investment Sales i 17.5M 0 345.0M 0 38.7M
Investing Cash Flow i -159.1M -103.4M -158.7M -278.4M -77.8M
Financing Activities
Share Repurchases i -145.3M -6.3M -137.6M 0 -33.9M
Dividends Paid i -84.7M -63.1M -62.7M -35.3M 0
Debt Issuance i 214.7M 38.7M 30.9M 527.8M 21.3M
Debt Repayment i -212.8M -37.4M -37.5M -228.4M -29.3M
Financing Cash Flow i -231.8M -73.3M -218.6M 247.7M -48.4M
Free Cash Flow i 251.4M 278.6M 232.3M 101.3M 147.2M
Net Change in Cash i -59.9M 159.1M -102.1M 107.2M 49.6M

Cash Flow Trend

Installed Building Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 26.18
Forward P/E 19.83
Price to Book 9.61
Price to Sales 2.16
PEG Ratio 2.89

Profitability Ratios

Profit Margin 8.45%
Operating Margin 13.35%
Return on Equity 37.03%
Return on Assets 11.52%

Financial Health

Current Ratio 2.85
Debt to Equity 147.99
Beta 1.85

Per Share Data

EPS (TTM) $8.98
Book Value per Share $24.46
Revenue per Share $106.89

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
ibp 6.6B 26.18 9.61 37.03% 8.45% 147.99
D.R. Horton 48.0B 12.97 2.01 16.10% 11.46% 29.94
Lennar 31.5B 12.08 1.38 10.77% 7.72% 24.89
Taylor Morrison Home 6.2B 7.28 1.03 15.63% 10.72% 35.88
Meritage Homes 4.9B 8.23 0.97 12.58% 10.27% 35.75
KB Home 4.1B 8.48 1.00 13.13% 7.92% 49.81

Financial data is updated regularly. All figures are in the company's reporting currency.