Tearsheet

Installed Building Products (IBP)


Market Price (9/15/2025): $264.0 | Market Cap: $7.2 Bil
Sector: Consumer Discretionary | Industry: Homebuilding

Installed Building Products (IBP)


Market Price (9/15/2025): $264.0
Market Cap: $7.2 Bil
Sector: Consumer Discretionary
Industry: Homebuilding

Investment Highlights

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%
Trading close to highs
Dist 52W High is -4.1%, Dist 3Y High is -4.1%
 
1 Low stock price volatility
Vol 12M is 48%
  
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%
1 Low stock price volatility
Vol 12M is 48%
2 Trading close to highs
Dist 52W High is -4.1%, Dist 3Y High is -4.1%

Market Valuation

 9/15/252024202320222021
Share Price CYE$264.00$172.73$177.86$81.75$130.40
Market Cap CYE ($ Bil)7.24.85.02.33.8
Total Debt ($ Bil)1.01.01.00.90.9
Total Cash ($ Bil)0.30.30.40.20.3
Enterprise Value ($ Bil)7.95.86.03.24.7
Valuation Ratios     
P/S TTM2.41.71.90.92.1
P/EBIT TTM19.412.813.97.121.8
P/E TTM28.919.121.111.034.5
Sector Ratios     
P/S TTM (Sector)0.80.80.90.81.3
P/EBIT TTM (Sector)7.36.97.05.57.4
P/E TTM (Sector)9.68.18.97.39.2
 9/15/2520242023
Share Price CYE$264.00$172.73$177.86
Market Cap CYE ($ Bil)7.24.85.0
Total Debt ($ Bil)1.01.01.0
Total Cash ($ Bil)0.30.30.4
Enterprise Value ($ Bil)7.95.86.0
Valuation Ratios   
P/S TTM2.41.71.9
P/EBIT TTM19.412.813.9
P/E TTM28.919.121.1
Sector Ratios   
P/S TTM (Sector)0.80.80.9
P/EBIT TTM (Sector)7.36.97.0
P/E TTM (Sector)9.68.18.9

Business Description

Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors, and other products in the continental United States. The company offers a range of insulation materials, such as fiberglass and cellulose, and spray foam insulation materials. It is also involved in the installation of insulation and sealant materials in various areas of a structure, which includes basement and crawl space, building envelope, attic, and acoustical applications. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
IBP Return48%38%-37%118%-3%55%321%
Peers Return13%66%-12%52%13%10%214%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: VMI, TMHC, KBH, SKY, DHI. See IBP Returns vs. Peers.
[3] 2025 data is for the year up to 9/12/2025 (YTD)

Latest Trefis Analyses

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Peer Comparisons for Installed Building Products

Financials

IBPVMITMHCKBHSKYDHIMedian
NameInstalle.Valmont .Taylor M.KB Home Champion.D.R. Hor. 
Mkt Price267.96373.6269.6565.8874.70177.87126.28
Mkt Cap7.37.56.94.64.354.17.1
Rev LTM2,9564,0678,4036,6742,55734,5755,370
Op Inc LTM3715211,2636942604,892608
FCF LTM277520490651832,785384
FCF 3Y Avg2783325875522512,707442
CFO LTM3596145251072322,911442
CFO 3Y Avg3474236275933032,856508

Growth & Margins

IBPVMITMHCKBHSKYDHIMedian
NameInstalle.Valmont .Taylor M.KB Home Champion.D.R. Hor. 
Rev Chg LTM3.4%-0.6%13.8%3.7%16.9%-7.3%3.5%
Rev Chg 3Y Avg8.9%3.7%1.9%2.4%2.3%2.9%2.7%
Rev Chg Q3.1%-0.9%2.0%-10.5%11.7%-7.4%0.5%
QoQ Delta Rev Chg LTM0.8%-0.2%0.5%-2.6%3.0%-2.1%0.1%
Op Mgn LTM12.5%12.8%15.0%10.4%10.2%14.2%12.7%
Op Mgn 3Y Avg12.9%11.6%15.4%12.0%12.0%16.3%12.5%
QoQ Delta Op Mgn LTM-0.1%-0.1%0.0%-0.6%0.6%-1.0%-0.1%
CFO/Rev LTM12.1%15.1%6.3%1.6%9.1%8.4%8.7%
CFO/Rev 3Y Avg12.1%10.2%7.5%8.8%12.9%8.1%9.5%
FCF/Rev LTM9.4%12.8%5.8%1.0%7.1%8.1%7.6%
FCF/Rev 3Y Avg9.7%8.0%7.0%8.2%10.7%7.7%8.1%

Valuation

IBPVMITMHCKBHSKYDHIMedian
NameInstalle.Valmont .Taylor M.KB Home Champion.D.R. Hor. 
Mkt Cap7.37.56.94.64.354.17.1
P/S2.51.80.80.71.71.61.6
P/EBIT19.714.45.56.614.811.112.7
P/E29.321.57.78.219.613.616.6
P/CFO20.412.213.243.118.418.618.5
Total Yield4.6%5.0%13.0%12.7%5.1%8.2%6.6%
Dividend Yield1.2%0.3%0.0%0.4%0.0%0.9%0.4%
FCF Yield 3Y Avg5.8%5.3%10.8%12.3%6.7%6.5%6.6%
D/E0.10.10.30.40.00.10.1
Net D/E0.10.10.30.3-0.10.10.1

Returns

IBPVMITMHCKBHSKYDHIMedian
NameInstalle.Valmont .Taylor M.KB Home Champion.D.R. Hor. 
1M Rtn0.3%-0.0%2.5%4.8%2.1%7.4%2.3%
3M Rtn62.3%16.4%20.0%26.2%21.6%44.9%23.9%
6M Rtn56.8%14.5%18.7%9.6%-20.9%41.1%16.6%
12M Rtn22.0%37.3%1.4%-22.2%-21.8%-7.7%-3.1%
3Y Rtn235.8%39.0%199.3%148.9%43.8%163.0%156.0%
1M Excs Rtn-3.5%-3.7%-1.4%1.6%-1.4%5.6%-1.4%
3M Excs Rtn48.1%6.2%8.4%14.1%6.4%32.3%11.3%
6M Excs Rtn42.0%-1.7%0.7%-8.3%-38.1%23.5%-0.5%
12M Excs Rtn12.1%21.1%-11.5%-36.7%-34.0%-23.9%-17.7%
3Y Excs Rtn144.3%-29.0%120.1%77.0%-32.1%92.1%84.6%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Installation2,6062,5141,942  
Other revenue18216229  
Elimination of inter-segment revenue-9-6-2  
Fireproofing/firestopping   5042
Garage doors   9490
Insulation   1,058970
Other building products   102101
Rain gutters   6350
Shower doors, shelving and mirrors   117106
Waterproofing   123112
Window blinds   4742
Total2,7792,6701,9691,6531,512


Price Behavior

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity2,009,709
Short Interest: % Change Since 81520252.0%
Average Daily Volume514,405
Days-to-Cover Short Interest3.91
Basic Shares Quantity27,323,118
Short % of Basic Shares7.4%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/7/202520.5%28.7%29.4%
5/8/2025-0.9%-0.6%0.7%
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%
5/9/20242.1%0.6%-9.4%
2/22/202410.1%16.0%28.1%
11/8/2023-1.5%12.9%30.8%
...
SUMMARY STATS   
# Positive111312
# Negative131112
Median Positive6.8%6.1%8.5%
Median Negative-1.7%-7.2%-9.3%
Max Positive20.5%28.7%38.4%
Max Negative-12.7%-23.2%-32.4%

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Wheeler Brad AChief Operating Officer8272025Sell275.293,186877,0742,404,933Form
1Jackson Janet E. 8262025Sell266.001,469390,7541,828,218Form
2HIRE WILLIAM JEFFREYPresident of External Affairs8152025Sell266.201,134301,87511,543,932Form
3FRY TODD RChief Accounting Officer8132025Sell257.27500128,6351,755,096Form
4Miller Michael ThomasExecutive VP & CFO5192025Buy162.9940065,1963,905,892Form