Installed Building Products (IBP)
Market Price (12/23/2025): $265.85 | Market Cap: $7.2 BilSector: Consumer Discretionary | Industry: Homebuilding
Installed Building Products (IBP)
Market Price (12/23/2025): $265.85Market Cap: $7.2 BilSector: Consumer DiscretionaryIndustry: Homebuilding
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% | Key risksIBP key risks include [1] its vulnerability to a company-anticipated decline in 2025 housing starts and [2] an inability to pass rising labor and material costs to customers due to intense competition. |
| Low stock price volatilityVol 12M is 46% | |
| Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, Sustainable Resource Management, and Electrification of Everything. Themes include Energy Efficient Building Materials, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% |
| Low stock price volatilityVol 12M is 46% |
| Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, Sustainable Resource Management, and Electrification of Everything. Themes include Energy Efficient Building Materials, Show more. |
| Key risksIBP key risks include [1] its vulnerability to a company-anticipated decline in 2025 housing starts and [2] an inability to pass rising labor and material costs to customers due to intense competition. |
Why The Stock Moved
Qualitative Assessment
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The stock of Installed Building Products (IBP) moved by approximately 1.8% during the period from August 31, 2025, to December 23, 2025, influenced by a combination of company-specific performance and broader market dynamics. Key factors contributing to this movement include: 1. Record Third Quarter 2025 Financial Results.On November 5, 2025, Installed Building Products reported record financial results for the third quarter of 2025. The company's net revenue increased by 2.3% to $778.2 million, net income rose by 8.5% to $74.4 million, and Adjusted EBITDA grew by 5.7% to $139.9 million. Net income per diluted share also saw a significant increase of 12.3% to $2.74, surpassing analyst expectations. These strong results, driven by strategic acquisitions and a focus on service and market diversity, contributed positively to investor sentiment.
2. Strategic Acquisitions and Expansion.
IBP actively pursued strategic growth through acquisitions within the period. In September 2025, the company acquired Carolina Precision Fibers ACP, LLC, a manufacturer of insulation products, which had annual revenue of $20 million. This was followed by the acquisition of Echols Glass & Mirror, Inc. in October 2025, a glass design and fabrication business with annual sales of approximately $12 million. These acquisitions signaled expansion and enhanced the company's market position.
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Stock Movement Drivers
Fundamental Drivers
The 3.7% change in IBP stock from 9/22/2025 to 12/22/2025 was primarily driven by a 1.7% change in the company's Net Income Margin (%).| 9222025 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 256.31 | 265.92 | 3.75% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 2955.90 | 2973.50 | 0.60% |
| Net Income Margin (%) | 8.45% | 8.60% | 1.72% |
| P/E Multiple | 28.02 | 28.15 | 0.46% |
| Shares Outstanding (Mil) | 27.32 | 27.07 | 0.93% |
| Cumulative Contribution | 3.74% |
Market Drivers
9/22/2025 to 12/22/2025| Return | Correlation | |
|---|---|---|
| IBP | 3.7% | |
| Market (SPY) | 2.7% | 39.9% |
| Sector (XLY) | 1.9% | 38.3% |
Fundamental Drivers
The 48.5% change in IBP stock from 6/23/2025 to 12/22/2025 was primarily driven by a 40.6% change in the company's P/E Multiple.| 6232025 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 179.10 | 265.92 | 48.48% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 2933.20 | 2973.50 | 1.37% |
| Net Income Margin (%) | 8.39% | 8.60% | 2.49% |
| P/E Multiple | 20.03 | 28.15 | 40.58% |
| Shares Outstanding (Mil) | 27.52 | 27.07 | 1.62% |
| Cumulative Contribution | 48.44% |
Market Drivers
6/23/2025 to 12/22/2025| Return | Correlation | |
|---|---|---|
| IBP | 48.5% | |
| Market (SPY) | 14.4% | 24.9% |
| Sector (XLY) | 14.3% | 30.0% |
Fundamental Drivers
The 52.0% change in IBP stock from 12/22/2024 to 12/22/2025 was primarily driven by a 46.3% change in the company's P/E Multiple.| 12222024 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 174.99 | 265.92 | 51.97% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 2911.80 | 2973.50 | 2.12% |
| Net Income Margin (%) | 8.74% | 8.60% | -1.61% |
| P/E Multiple | 19.24 | 28.15 | 46.30% |
| Shares Outstanding (Mil) | 27.99 | 27.07 | 3.28% |
| Cumulative Contribution | 51.80% |
Market Drivers
12/22/2024 to 12/22/2025| Return | Correlation | |
|---|---|---|
| IBP | 52.0% | |
| Market (SPY) | 16.9% | 39.4% |
| Sector (XLY) | 7.8% | 44.8% |
Fundamental Drivers
The 219.0% change in IBP stock from 12/23/2022 to 12/22/2025 was primarily driven by a 118.3% change in the company's P/E Multiple.| 12232022 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 83.37 | 265.92 | 218.98% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 2517.13 | 2973.50 | 18.13% |
| Net Income Margin (%) | 7.31% | 8.60% | 17.57% |
| P/E Multiple | 12.90 | 28.15 | 118.31% |
| Shares Outstanding (Mil) | 28.48 | 27.07 | 4.95% |
| Cumulative Contribution | 218.20% |
Market Drivers
12/23/2023 to 12/22/2025| Return | Correlation | |
|---|---|---|
| IBP | 47.5% | |
| Market (SPY) | 47.7% | 42.3% |
| Sector (XLY) | 38.4% | 45.4% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| IBP Return | 48% | 38% | -37% | 118% | -3% | 55% | 321% |
| Peers Return | 41% | 47% | -28% | 91% | -3% | -11% | 146% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 17% | 113% |
Monthly Win Rates [3] | |||||||
| IBP Win Rate | 75% | 75% | 33% | 58% | 50% | 58% | |
| Peers Win Rate | 65% | 60% | 40% | 63% | 57% | 45% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| IBP Max Drawdown | -56% | -0% | -48% | 0% | -6% | -11% | |
| Peers Max Drawdown | -48% | -4% | -39% | -1% | -13% | -28% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: BLD, BLDR, OC, MAS, FBIN. See IBP Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/22/2025 (YTD)
How Low Can It Go
| Event | IBP | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -49.2% | -25.4% |
| % Gain to Breakeven | 96.8% | 34.1% |
| Time to Breakeven | 385 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -61.7% | -33.9% |
| % Gain to Breakeven | 161.0% | 51.3% |
| Time to Breakeven | 126 days | 148 days |
| 2018 Correction | ||
| % Loss | -61.8% | -19.8% |
| % Gain to Breakeven | 161.5% | 24.7% |
| Time to Breakeven | 456 days | 120 days |
Compare to VMI, TMHC, SKY, KBH, DHI
In The Past
Installed Building Products's stock fell -49.2% during the 2022 Inflation Shock from a high on 12/29/2021. A -49.2% loss requires a 96.8% gain to breakeven.
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AI Analysis | Feedback
Here are 1-2 brief analogies for Installed Building Products (IBP):
-
A national Home Depot for installed building products, but catering solely to professional home builders.
-
The national Roto-Rooter for essential building components like insulation, garage doors, and gutters in new homes.
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- Insulation Installation: Provides installation services for various types of insulation, including fiberglass, spray foam, and cellulose, in residential and commercial structures.
- Shower Door Installation: Installs custom and standard shower doors and enclosures for bathrooms.
- Closet Shelving and Storage System Installation: Designs and installs wire and laminate shelving and storage systems for closets and pantries.
- Gutter Installation: Installs seamless gutters and downspouts to manage water drainage from building roofs.
- Mirror Installation: Provides installation services for custom and framed mirrors in various residential and commercial settings.
- Fireproofing Services: Applies fire-resistant coatings and materials to structural components to enhance fire safety.
- Waterproofing Services: Offers solutions for protecting building foundations and structures from water intrusion and moisture.
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Installed Building Products (symbol: IBP) primarily sells its services and products to other companies within the construction industry rather than directly to individuals for the majority of its revenue.
According to the company's annual reports (e.g., their 2023 10-K filing), no single customer accounted for 10% or more of their consolidated net revenue in the past several years. This indicates a diversified customer base across numerous builders and contractors, rather than reliance on a few major clients that would require individual disclosure.
Therefore, while specific names of major customer companies are not disclosed by IBP due to the dispersed nature of its client base, its primary categories of business customers include:
- National Home Builders: Large-scale residential construction companies operating across multiple states.
- Regional and Local Home Builders: Companies focused on residential construction within specific geographic regions or local markets.
- Multi-Family Builders: Developers and contractors specializing in apartment complexes, condominiums, and other multi-unit residential projects.
- Commercial Builders: Companies involved in the construction of non-residential buildings such as offices, retail spaces, and institutional facilities.
- Remodelers: Businesses undertaking significant renovation and remodeling projects, often for existing residential or commercial properties.
While IBP does serve individual homeowners directly for repair and remodel projects, this segment represents a smaller portion of its overall revenue compared to its business-to-business (B2B) builder customers.
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- Owens Corning (OC)
- Knauf Insulation
- Clopay Corporation
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Jeffrey W. Edwards President, Chief Executive Officer and Chairman
Mr. Edwards co-founded Installed Building Products (IBP) in 1993, successfully growing it into a prominent installer of insulation and complementary building products across the United States. He served as President and Chief Executive Officer from IBP's inception until the end of 2023, and currently holds the title of Executive Chairman. Mr. Edwards played a pivotal role in taking the company public on the New York Stock Exchange in 2014. With over 30 years of experience in the building products industry, he previously served as an officer and strategist for several family-owned companies he and his family started, acquired, or invested in over more than 40 years. These ventures spanned various sectors, including multi-family and student housing development and management, industrial tool distribution, wholesale building supply, homebuilding, land and real estate development, and real estate brokerage. He also serves as President of Edwards Companies, a privately held conglomerate primarily focused on real estate development and construction.
Michael T. Miller Executive Vice President, Chief Financial Officer and Director
Mr. Miller has served as the most senior financial officer of Installed Building Products since joining the company in 2000 as Executive Vice President – Finance. He was appointed Chief Financial Officer in 2013 and became a director in 2004. His professional background includes experience with Wachovia Bank, Deutsche Bank, and CIBC. Additionally, Mr. Miller has served as a Board Member at BMC Stock Holdings Inc.
Brad A. Wheeler Chief Operating Officer
Mr. Wheeler assumed the role of Chief Operating Officer for Installed Building Products in 2024.
W. Jeffrey Hire President of External Affairs
Mr. Hire serves as the President of External Affairs for Installed Building Products.
Jason R. Niswonger Chief Administrative and Sustainability Officer
Mr. Niswonger is the Chief Administrative and Sustainability Officer at Installed Building Products. He previously held the position of Senior Vice President, Finance & Investor Relations.
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The key risks to Installed Building Products (IBP) are primarily concentrated in its reliance on the cyclical housing market, operational challenges including competition and cost management, and regulatory changes.
- Reliance on Cyclical Housing Market and Economic Conditions: Installed Building Products is heavily dependent on the cyclical and seasonal nature of the housing market, which is significantly influenced by factors such as interest rates, inflation, and consumer confidence. Economic downturns, rising interest rates, or declines in housing starts could substantially reduce demand for IBP's products and services, leading to lower revenues and profits. The company anticipates a decline in overall housing starts in 2025.
- Operational Challenges and Competition: The markets for building products and installation services are highly competitive, which can result in pricing pressures, reduced profit margins, and a loss of market share for IBP. Additionally, the company faces challenges in managing rising labor costs and potential shortages of skilled workers, which can increase expenses and delay project completion. Supply chain disruptions, such as material shortages or increased raw material costs, also pose a risk to IBP's ability to fulfill contracts and maintain profitability, especially given competitive pressures that might hinder their ability to pass on these increased costs to customers.
- Regulatory Changes: IBP is exposed to risks associated with changes in governmental regulations. This includes evolving building codes, environmental regulations (including ESG standards), and potential changes in immigration laws, which could impact labor availability and increase compliance costs.
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The increasing adoption of off-site construction methods, such as modular and panelized building, presents a clear emerging threat. These methods shift a significant portion of the building product installation process (including insulation, windows, and other components) from traditional on-site activities to factory environments. As modular and prefabricated construction gain market share due to benefits like increased efficiency, reduced labor costs, and faster build times, the demand for IBP's on-site installation services could diminish, impacting their core business model.
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The addressable market for Installed Building Products (IBP) main products or services in the U.S. is as follows:- Insulation: The U.S. insulation market was estimated at USD 12.51 billion in 2023 and is projected to reach USD 13.26 billion in 2024. This market is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.4% from 2024 to 2030, reaching USD 19.25 billion by 2030. This market size is for the U.S. region.
- Other Main Products and Services: IBP also installs a range of complementary building products including shower doors, garage doors, rain gutters, window blinds, waterproofing, fireproofing, closet shelving, mirrors, bath hardware, fireplaces, and door locksets and hardware. While IBP has market share in these categories, specific addressable market sizes for these individual complementary products and services were not identified in the provided information.
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Installed Building Products (IBP): Expected Drivers of Future Revenue Growth
Installed Building Products (IBP) is anticipated to drive future revenue growth over the next 2-3 years through a combination of strategic acquisitions, robust performance in its commercial segment (particularly heavy commercial), continued expansion of complementary products, and favorable pricing and mix shifts. The company's ability to gain market share and expand geographically will also contribute to its top-line expansion.
The following are 3-5 expected drivers of future revenue growth for IBP:
- Strategic Acquisitions: IBP consistently utilizes an acquisition strategy to expand its market presence and service offerings. The company aims to acquire over $100 million in annual revenue, having already completed several acquisitions year-to-date in 2025, including cellulose insulation manufacturing, glass, and regional installation firms. This inorganic growth is a significant component of its revenue expansion strategy.
- Growth in the Heavy Commercial Segment: Despite some softness in residential and light commercial markets, the heavy commercial segment has demonstrated strong performance, with same-branch sales growth exceeding 30% in Q3 2025. This segment is expected to continue providing a substantial tailwind for revenue and profitability beyond 2025 due to increasing contract backlogs.
- Expansion of Complementary Products and Product Diversification: IBP has seen double-digit growth in its complementary product sales, which include items such as specialty insulation, glass, and hydromulch. This diversification helps to support margins and earnings, offsetting volatility in other segments and broadening the company's offerings to both residential and commercial customers.
- Favorable Price/Mix and Operational Discipline: While job volumes can fluctuate, IBP has achieved price/mix increases, which contributed to its revenue growth and margin stability. This is partly driven by a shift towards custom and semi-custom homebuilders, which typically offer higher average selling prices (ASPs). The company's national branch execution and operational discipline also play a role in navigating market challenges and capitalizing on opportunities.
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Share Repurchases
- Installed Building Products (IBP) repurchased 700,000 shares of its common stock at a total cost of $134.9 million during the nine months ended September 30, 2025.
- As of September 30, 2025, the company had approximately $365 million available under its stock repurchase program, which expires on March 1, 2026.
- Between 2020 and 2024, IBP allocated $323 million to share repurchases.
Share Issuance
- There is no information available regarding significant company-led share issuances during the last 3-5 years. The number of shares outstanding has generally declined due to repurchases.
Inbound Investments
- No information is available regarding large investments made in Installed Building Products by third-parties over the last 3-5 years.
Outbound Investments
- Between 2020 and 2024, IBP allocated $246 million to acquisitions.
- To date in 2025, IBP has acquired over $58 million of annual revenue through acquisitions. This includes acquisitions of Carolina Precision Fibers ACP, Echols Glass & Mirror, Inc., Vanderkoy Bros, LLC, and Big Rock Insulation Corporation, contributing approximately $20 million, $12 million, $4 million, and $3 million of annual revenue respectively.
- In 2021, IBP completed 12 acquisitions representing approximately $211 million of annual revenues, exceeding its target for the year.
Capital Expenditures
- Capital expenditures and total incurred finance leases for the three months ended September 30, 2025, were approximately $20 million combined, which was about 3% of revenue. This was higher than usual due to accelerated vehicle purchases in anticipation of expected price increases.
- IBP's business model is characterized by relatively low capital expenditure requirements.
Latest Trefis Analyses
Trade Ideas
Select ideas related to IBP. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | BBWI | Bath & Body Works | Dip Buy | DB | Insider Buys | Low D/EDip Buy with Strong Insider BuyingBuying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 10.7% | 10.7% | 0.0% |
| 11262025 | HRB | H&R Block | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.9% | 3.9% | -0.1% |
| 11262025 | LRN | Stride | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.8% | 3.8% | -4.4% |
| 11212025 | ABNB | Airbnb | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 19.9% | 19.9% | 0.0% |
| 11212025 | MTN | Vail Resorts | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 7.5% | 7.5% | -1.6% |
| 08312024 | IBP | Installed Building Products | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | -22.6% | 19.9% | -29.6% |
| 11302022 | IBP | Installed Building Products | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 24.9% | 80.8% | -1.0% |
Research & Analysis
Invest in Strategies
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Peer Comparisons for Installed Building Products
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 108.53 |
| Mkt Cap | 10.5 |
| Rev LTM | 6,417 |
| Op Inc LTM | 1,029 |
| FCF LTM | 819 |
| FCF 3Y Avg | 829 |
| CFO LTM | 928 |
| CFO 3Y Avg | 963 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -2.4% |
| Rev Chg 3Y Avg | 4.3% |
| Rev Chg Q | -1.7% |
| QoQ Delta Rev Chg LTM | -0.4% |
| Op Mgn LTM | 15.2% |
| Op Mgn 3Y Avg | 15.6% |
| QoQ Delta Op Mgn LTM | -0.6% |
| CFO/Rev LTM | 13.1% |
| CFO/Rev 3Y Avg | 14.8% |
| FCF/Rev LTM | 9.9% |
| FCF/Rev 3Y Avg | 11.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 10.5 |
| P/S | 1.6 |
| P/EBIT | 12.5 |
| P/E | 17.4 |
| P/CFO | 12.3 |
| Total Yield | 5.7% |
| Dividend Yield | 1.6% |
| FCF Yield 3Y Avg | 7.1% |
| D/E | 0.4 |
| Net D/E | 0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 3.1% |
| 3M Rtn | -7.7% |
| 6M Rtn | 1.3% |
| 12M Rtn | -18.9% |
| 3Y Rtn | 51.0% |
| 1M Excs Rtn | 4.1% |
| 3M Excs Rtn | -11.1% |
| 6M Excs Rtn | -13.2% |
| 12M Excs Rtn | -36.0% |
| 3Y Excs Rtn | -31.1% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Installation | 2,606 | 2,514 | 1,942 | ||
| Other revenue | 182 | 162 | 29 | ||
| Elimination of inter-segment revenue | -9 | -6 | -2 | ||
| Fireproofing/firestopping | 50 | 42 | |||
| Garage doors | 94 | 90 | |||
| Insulation | 1,058 | 970 | |||
| Other building products | 102 | 101 | |||
| Rain gutters | 63 | 50 | |||
| Shower doors, shelving and mirrors | 117 | 106 | |||
| Waterproofing | 123 | 112 | |||
| Window blinds | 47 | 42 | |||
| Total | 2,779 | 2,670 | 1,969 | 1,653 | 1,512 |
Price Behavior
| Market Price | $265.92 | |
| Market Cap ($ Bil) | 7.2 | |
| First Trading Date | 02/13/2014 | |
| Distance from 52W High | -6.7% | |
| 50 Days | 200 Days | |
| DMA Price | $260.33 | $215.63 |
| DMA Trend | up | up |
| Distance from DMA | 2.1% | 23.3% |
| 3M | 1YR | |
| Volatility | 35.6% | 45.9% |
| Downside Capture | 115.94 | 89.94 |
| Upside Capture | 118.95 | 117.27 |
| Correlation (SPY) | 39.7% | 39.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.93 | 0.83 | 0.86 | 0.98 | 0.91 | 1.27 |
| Up Beta | 0.98 | 1.32 | 1.75 | 1.87 | 1.15 | 1.42 |
| Down Beta | -0.17 | 0.88 | 0.68 | 1.33 | 0.46 | 0.77 |
| Up Capture | 150% | 95% | 62% | 124% | 107% | 446% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 10 | 19 | 29 | 68 | 121 | 391 |
| Down Capture | 84% | 52% | 74% | -14% | 100% | 106% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 10 | 23 | 34 | 58 | 128 | 360 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of IBP With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| IBP | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 40.8% | 3.1% | 14.7% | 67.3% | 6.8% | -0.5% | -16.6% |
| Annualized Volatility | 45.9% | 24.7% | 19.7% | 19.3% | 15.2% | 17.6% | 35.4% |
| Sharpe Ratio | 0.87 | 0.07 | 0.57 | 2.54 | 0.23 | -0.18 | -0.25 |
| Correlation With Other Assets | 45.8% | 40.3% | 1.0% | 1.4% | 45.5% | 22.2% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of IBP With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| IBP | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 25.0% | 10.2% | 15.0% | 18.9% | 11.8% | 5.1% | 35.8% |
| Annualized Volatility | 44.2% | 23.8% | 17.1% | 15.5% | 18.7% | 18.9% | 48.9% |
| Sharpe Ratio | 0.65 | 0.39 | 0.71 | 0.98 | 0.51 | 0.18 | 0.63 |
| Correlation With Other Assets | 53.0% | 51.2% | 10.7% | 7.8% | 50.6% | 22.3% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of IBP With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| IBP | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 29.1% | 13.3% | 14.9% | 14.9% | 6.7% | 5.5% | 69.9% |
| Annualized Volatility | 47.9% | 22.0% | 18.0% | 14.8% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.72 | 0.56 | 0.71 | 0.84 | 0.30 | 0.23 | 0.90 |
| Correlation With Other Assets | 56.3% | 55.5% | 7.5% | 17.1% | 54.2% | 15.8% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/5/2025 | 3.3% | 9.0% | 12.7% |
| 8/7/2025 | 20.5% | 28.7% | 29.4% |
| 5/8/2025 | -0.9% | -0.6% | 0.5% |
| 2/27/2025 | -1.1% | 0.3% | 1.4% |
| 11/7/2024 | -4.6% | -8.8% | -5.9% |
| 8/1/2024 | -12.7% | -23.2% | -18.6% |
| 5/9/2024 | 2.1% | 0.6% | -9.4% |
| 2/22/2024 | 10.1% | 16.0% | 28.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 13 | 12 |
| # Negative | 13 | 11 | 12 |
| Median Positive | 3.3% | 6.5% | 11.6% |
| Median Negative | -1.7% | -7.2% | -9.3% |
| Max Positive | 20.5% | 28.7% | 38.4% |
| Max Negative | -12.7% | -23.2% | -32.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11052025 | 10-Q 9/30/2025 |
| 6302025 | 8072025 | 10-Q 6/30/2025 |
| 3312025 | 5082025 | 10-Q 3/31/2025 |
| 12312024 | 2272025 | 10-K 12/31/2024 |
| 9302024 | 11072024 | 10-Q 9/30/2024 |
| 6302024 | 8012024 | 10-Q 6/30/2024 |
| 3312024 | 5092024 | 10-Q 3/31/2024 |
| 12312023 | 2222024 | 10-K 12/31/2023 |
| 9302023 | 11082023 | 10-Q 9/30/2023 |
| 6302023 | 8022023 | 10-Q 6/30/2023 |
| 3312023 | 5042023 | 10-Q 3/31/2023 |
| 12312022 | 2222023 | 10-K 12/31/2022 |
| 9302022 | 11032022 | 10-Q 9/30/2022 |
| 6302022 | 8042022 | 10-Q 6/30/2022 |
| 3312022 | 5052022 | 10-Q 3/31/2022 |
| 12312021 | 2242022 | 10-K 12/31/2021 |
Insider Activity
Expand for More| Owner | Title | Filing Date | Action | Price | Shares | TransactedValue | Value ofHeld Shares | Form | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | HIRE WILLIAM JEFFREY | President of External Affairs | 11102025 | Sell | 251.62 | 4,900 | 1,232,938 | 8,328,370 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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