IBPNYSEGeneral Bldg Contractors - Residential BldgsFiscal year ends December 31
Installed Building Products, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$182.04−3.73 (-2.01%)
Close on Oct 19, 2026
- Market cap
- $4.86B
- P/E (TTM)
- 19.6
- Dividend yield
- 1.75%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
34.0%+3.1 pts over 5 years
Operating margin
13.0%+3.2 pts over 5 years
Net margin
8.9%+3.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.0% | +3.6% | +12.4% | +16.2% | |
| Gross profit | +1.5% | +6.8% | +14.6% | +18.3% | |
| Operating income | +1.0% | +3.8% | +19.0% | +24.0% | |
| Net income | +3.4% | +5.9% | +22.2% | +25.9% | |
| EPS, diluted | +6.7% | +7.9% | +24.3% | +27.6% | |
| Free cash flow | +19.6% | +9.0% | +15.4% | +45.2% | |
| Dividend per share | +6.0% | +13.8% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 28.6% | 34.2% | 37.5% | |
| Return on assets | 9.2% | 8.5% | 12.9% | |
| Current ratio | 1.48 | 2.64 | 3.03 | |
| Debt to equity | 0.98 | 1.77 | 1.25 | |
| Net debt to EBITDA | 1.53× | 1.66× | 1.26× | |
| Interest coverage | 10.7× | 5.3× | 12.2× | |
| Inventory turnover | 17.6× | 15.1× | 9.9× | |
| Capex to revenue | 3.1% | 2.0% | 2.4% | |
| Diluted shares | 31M | 30M | 27M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Installed Building Products generated $1.47B from operations and spent $1.10B on capital expenditure, dividends and share buybacks. 28% of that went back into the business.
Generated
$1.47B
Used
$1.10B
Capital expenditure$303.40M28%Dividends$333.40M30%Share buybacks$461.80M42%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin8.9%
×Asset turnover1.44×
×Equity multiplier2.92×
=Return on equity, FY202537.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 8.9% | 1.44× | 2.92× | 37.5% |
| FY2024 | 8.7% | 1.46× | 2.94× | 37.3% |
| FY2023 | 8.8% | 1.48× | 3.23× | 41.9% |
| FY2022 | 8.4% | 1.56× | 3.77× | 49.1% |
| FY2021 | 6.0% | 1.39× | 3.86× | 32.3% |
| FY2020 | 5.9% | 1.45× | 4.02× | 34.2% |
| FY2019 | 4.5% | 1.56× | 4.47× | 31.5% |
| FY2018 | 4.1% | 1.70× | 4.00× | 27.9% |
| FY2017 | 3.6% | 1.89× | 3.29× | 22.6% |
| FY2016 | 4.5% | 2.07× | 3.11× | 28.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$265.40M
- Cash generatingOperating cash flow above zero$371.40M
- Return on assets improvedROA up on the prior year13.0% → 12.9%
- Earnings backed by cashOperating cash flow above net income$371.40M vs $265.40M
- Less leverageLong-term debt to assets fell40.9% → 41.1%
- Better liquidityCurrent ratio rose2.94 → 3.03
- No dilutionShare count did not rise28M → 27M
- Gross margin improvedGross margin up on the prior year33.81% → 33.97%
- More efficientAsset turnover rose1.48 → 1.44