Installed Building Products (IBP)
Market Price (3/28/2026): $262.47 | Market Cap: $7.1 BilSector: Consumer Discretionary | Industry: Homebuilding
Installed Building Products (IBP)
Market Price (3/28/2026): $262.47Market Cap: $7.1 BilSector: Consumer DiscretionaryIndustry: Homebuilding
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.0% | Weak multi-year price returns2Y Excs Rtn is -17% | Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.4% |
| 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 48% | ||
| Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, Sustainable Resource Management, and Electrification of Everything. Themes include Energy Efficient Building Materials, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.0% |
| 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 48% |
| Megatrend and thematic driversMegatrends include Sustainable & Green Buildings, Sustainable Resource Management, and Electrification of Everything. Themes include Energy Efficient Building Materials, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -17% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.4% |
| 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. |
Qualitative Assessment
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Installed Building Products (IBP) stock has remained largely at the same level since 11/30/2025 because of the following key factors:
1. Deteriorating Outlook for Residential Construction Amidst Elevated Interest Rates.
Despite some forecasts for a gradual housing market recovery in 2026, the residential construction sector, a core market for Installed Building Products, faced significant headwinds due to elevated mortgage rates. A substantial 84% of home builders identified high interest rates as a significant challenge in 2025, with 65% anticipating this issue to persist into 2026. This macroeconomic pressure directly impacted IBP's performance, as evidenced by a 9.3% decline in residential same-branch sales during the fourth quarter of 2025.
2. Significant Insider Selling by CEO.
On March 3, 2026, Jeffrey W. Edwards, CEO of Installed Building Products, through an affiliated entity (PJAM IBP Holdings, Inc.), executed a large sale of 400,000 shares of IBP common stock at a price of $314.06 per share, totaling over $125 million. This substantial insider selling event, well exceeding the $5 million threshold, can often be interpreted by investors as a negative signal regarding the company's near-term prospects or valuation, potentially contributing to downward pressure on the stock price.
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1. Deteriorating Outlook for Residential Construction Amidst Elevated Interest Rates.
Despite some forecasts for a gradual housing market recovery in 2026, the residential construction sector, a core market for Installed Building Products, faced significant headwinds due to elevated mortgage rates. A substantial 84% of home builders identified high interest rates as a significant challenge in 2025, with 65% anticipating this issue to persist into 2026. This macroeconomic pressure directly impacted IBP's performance, as evidenced by a 9.3% decline in residential same-branch sales during the fourth quarter of 2025.
2. Significant Insider Selling by CEO.
On March 3, 2026, Jeffrey W. Edwards, CEO of Installed Building Products, through an affiliated entity (PJAM IBP Holdings, Inc.), executed a large sale of 400,000 shares of IBP common stock at a price of $314.06 per share, totaling over $125 million. This substantial insider selling event, well exceeding the $5 million threshold, can often be interpreted by investors as a negative signal regarding the company's near-term prospects or valuation, potentially contributing to downward pressure on the stock price.
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Stock Movement Drivers
Fundamental Drivers
The -1.2% change in IBP stock from 11/30/2025 to 3/27/2026 was primarily driven by a -5.4% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3272026 | Change |
|---|---|---|---|
| Stock Price ($) | 265.50 | 262.33 | -1.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,974 | 2,971 | -0.1% |
| Net Income Margin (%) | 8.6% | 8.9% | 3.9% |
| P/E Multiple | 28.1 | 26.6 | -5.4% |
| Shares Outstanding (Mil) | 27 | 27 | 0.6% |
| Cumulative Contribution | -1.2% |
Market Drivers
11/30/2025 to 3/27/2026| Return | Correlation | |
|---|---|---|
| IBP | -1.2% | |
| Market (SPY) | -5.3% | 29.7% |
| Sector (XLY) | -10.4% | 37.2% |
Fundamental Drivers
The 1.3% change in IBP stock from 8/31/2025 to 3/27/2026 was primarily driven by a 5.7% change in the company's Net Income Margin (%).| (LTM values as of) | 8312025 | 3272026 | Change |
|---|---|---|---|
| Stock Price ($) | 259.00 | 262.33 | 1.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,956 | 2,971 | 0.5% |
| Net Income Margin (%) | 8.5% | 8.9% | 5.7% |
| P/E Multiple | 28.3 | 26.6 | -6.1% |
| Shares Outstanding (Mil) | 27 | 27 | 1.6% |
| Cumulative Contribution | 1.3% |
Market Drivers
8/31/2025 to 3/27/2026| Return | Correlation | |
|---|---|---|
| IBP | 1.3% | |
| Market (SPY) | 0.6% | 29.4% |
| Sector (XLY) | -8.5% | 35.7% |
Fundamental Drivers
The 57.0% change in IBP stock from 2/28/2025 to 3/27/2026 was primarily driven by a 46.9% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 3272026 | Change |
|---|---|---|---|
| Stock Price ($) | 167.12 | 262.33 | 57.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,941 | 2,971 | 1.0% |
| Net Income Margin (%) | 8.7% | 8.9% | 2.4% |
| P/E Multiple | 18.1 | 26.6 | 46.9% |
| Shares Outstanding (Mil) | 28 | 27 | 3.3% |
| Cumulative Contribution | 57.0% |
Market Drivers
2/28/2025 to 3/27/2026| Return | Correlation | |
|---|---|---|
| IBP | 57.0% | |
| Market (SPY) | 9.8% | 36.2% |
| Sector (XLY) | -1.3% | 42.9% |
Fundamental Drivers
The 140.7% change in IBP stock from 2/28/2023 to 3/27/2026 was primarily driven by a 92.7% change in the company's P/E Multiple.| (LTM values as of) | 2282023 | 3272026 | Change |
|---|---|---|---|
| Stock Price ($) | 109.01 | 262.33 | 140.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,670 | 2,971 | 11.3% |
| Net Income Margin (%) | 8.4% | 8.9% | 6.8% |
| P/E Multiple | 13.8 | 26.6 | 92.7% |
| Shares Outstanding (Mil) | 28 | 27 | 5.1% |
| Cumulative Contribution | 140.7% |
Market Drivers
2/28/2023 to 3/27/2026| Return | Correlation | |
|---|---|---|
| IBP | 140.7% | |
| Market (SPY) | 69.4% | 43.0% |
| Sector (XLY) | 49.0% | 45.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| IBP Return | 38% | -37% | 118% | -3% | 51% | 3% | 184% |
| Peers Return | 47% | -28% | 91% | -3% | -13% | -13% | 49% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| IBP Win Rate | 75% | 33% | 58% | 50% | 58% | 67% | |
| Peers Win Rate | 60% | 40% | 63% | 57% | 43% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| IBP Max Drawdown | -0% | -48% | 0% | -6% | -11% | -1% | |
| Peers Max Drawdown | -4% | -39% | -1% | -13% | -28% | -16% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[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] 2026 data is for the year up to 3/27/2026 (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 BLD, BLDR, OC, MAS, FBIN
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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About Installed Building Products (IBP)
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. In addition, the company installs a range of caulk and sealant products that control air infiltration in residential and commercial buildings; and waterproofing options, including sheet and hot applied waterproofing membranes, as well as deck coating, bentonite, and air and vapor systems. It serves homebuilders, multi-family and commercial construction firms, individual homeowners, and repair and remodeling contractors through a network of approximately 210 branch locations. The company was formerly known as CCIB Holdco, Inc. Installed Building Products, Inc. was founded in 1977 and is based in Columbus, Ohio.
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```html- IBP is like the Rollins (Orkin) of building product installations, offering a national network of specialized services for everything from insulation to garage doors.
- IBP is like ABM Industries for construction projects, providing a wide range of essential building product installation services rather than facility maintenance.
- IBP is like the ADP of construction installation, providing builders with a comprehensive, outsourced solution for a wide array of specialized product installations, from insulation to window blinds.
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```html- Insulation Installation: Installation of fiberglass, cellulose, and spray foam insulation materials in various structural areas like basements, attics, and building envelopes.
- Waterproofing Installation: Installation of diverse waterproofing options including sheet, hot-applied membranes, deck coating, bentonite, and air/vapor systems.
- Fire-stopping and Fireproofing Installation: Services for installing materials that prevent the spread of fire and enhance building fire resistance.
- Caulk and Sealant Installation: Installation of caulk and sealant products specifically designed to control air infiltration in buildings.
- Garage Door Installation: Installation services for garage doors.
- Rain Gutter Installation: Installation services for rain gutters.
- Window Blind Installation: Installation services for window blinds.
- Shower Door Installation: Installation services for shower doors.
- Closet Shelving and Mirror Installation: Installation services for closet shelving and mirrors.
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Jeffrey W. Edwards, President, Chief Executive Officer and Chairman
Jeffrey W. Edwards co-founded Installed Building Products (IBP) in 1993, leading its growth from a regional entity to a national force. He guided the company through its Initial Public Offering (IPO) on the New York Stock Exchange in 2014. With over 30 years of experience in the building products industry, Mr. Edwards has also served as an officer and strategist for several family-owned companies. These companies operated across various industries, 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 involved in real estate development and construction.
Michael T. Miller, Executive Vice President, Chief Financial Officer and Director
Michael T. Miller has been with Installed Building Products since 2000, serving as its most senior financial officer and as Chief Financial Officer since 2013. He has also been a director of the company since 2004 or 2014 depending on the source. Prior to joining IBP, Mr. Miller held senior corporate investment banking roles at Huntington Capital Corp., and worked at Deutsche Bank, Canadian Imperial Bank of Commerce, and First Union National Bank. His experience includes serving on the board and audit committee of BMC Stock Holdings, Inc., a publicly traded diversified building products company.
Brad A. Wheeler, Chief Operating Officer
Brad A. Wheeler serves as the Chief Operating Officer of Installed Building Products. He joined the company in 2002 and has held various leadership roles, including President of the West Region and Executive Vice President of Operations. His background includes experience in operations management within the building products industry.
Jason R. Niswonger, Chief Administrative and Sustainability Officer
Jason R. Niswonger is the Chief Administrative and Sustainability Officer at Installed Building Products. He joined IBP in 2014 and previously served as the company's Chief Financial Officer from 2013 to 2021. His background includes extensive experience in finance and accounting.
W. Jeffrey Hire, President of External Affairs
W. Jeffrey Hire holds the position of President of External Affairs at Installed Building Products. He has been with the company since 2014, and his previous roles include Executive Vice President of National Accounts. His career has focused on sales, marketing, and business development within the building products industry.
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Here are the key risks for Installed Building Products (IBP):
- Dependence on Economic and Housing Market Cycles: Installed Building Products' business is highly sensitive to general economic conditions, particularly the cyclical nature of the construction industry. Factors such as interest rate fluctuations, housing affordability, inflation, and overall economic instability can significantly impact demand for new construction and remodeling projects, which are key drivers of IBP's revenue. The company has recently experienced softness in the residential market and delays in the expected rebound for its multifamily business due to these market conditions.
- Labor and Supply Chain Risks: The company relies on the availability of skilled labor and various building products. Risks include challenges in attracting, training, and retaining qualified employees while controlling labor costs. Additionally, disruptions in the supply chain or increases in the cost of materials could adversely affect IBP's operations and financial performance.
- Intense Competition and Price Sensitivity: The insulation installation and complementary building products market is highly competitive and fragmented, with numerous national, regional, and local players. This intense competition necessitates continuous innovation, maintaining high service standards, and offering competitive pricing to retain and grow its customer base, which can pressure margins.
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Installed Building Products (IBP) operates in several addressable markets across the continental United States. The estimated market sizes for their main products and services are as follows:
- Insulation: The U.S. insulation market was valued at approximately USD 13.52 billion in 2024 and is anticipated to reach USD 14.13 billion in 2025. Other estimates place the U.S. insulation market size at USD 12.92 billion in 2025 or USD 14.2 billion in 2025. The U.S. building insulation market is projected to reach USD 10.88 billion in 2024.
- Waterproofing: The United States waterproofing market size was approximately USD 18.33 billion in 2024 and is projected to reach USD 19.21 billion in 2025. Another source estimates the U.S. waterproofing market to generate USD 14,700.1 million in revenue in 2024.
- Fire-stopping and Fireproofing: The U.S. fire stopping materials market size was USD 480 million in 2024 and is projected to reach around USD 1,170 million by 2034. The U.S. market for fire stopping systems has a current size of approximately USD 0.6 billion. The North America fire stopping materials market size reached USD 580 million in 2023. The global fireproofing materials market was valued at USD 1.1 billion in 2023.
- Garage Doors: The U.S. garage door manufacturing market size was USD 7.2 billion in 2024 and is projected to be USD 7.3 billion in 2025. The North America garage overhead doors market was valued at USD 3.93 billion in 2024 and USD 4.08 billion in 2025. U.S. demand for residential garage and commercial overhead doors is forecast to increase to USD 4.6 billion in 2026.
- Rain Gutters: The U.S. gutter services industry generated USD 778.4 million in revenue in 2025. The North American region is the largest market for rain gutters, accounting for approximately 45% of the global market share. The global rain gutter market grew from USD 8.38 billion in 2024 to USD 8.81 billion in 2025.
- Window Blinds: The United States Blinds Shades Market size is USD 5208.03 million in 2025. The North America blinds and shades market accounted for a share of 39.25% of the global revenue in 2024. The global curtains and window blinds market size was estimated at USD 24.9 billion in 2024 and is expected to grow to USD 26.6 billion in 2025.
- Shower Doors: The U.S. shower glass door market was valued at USD 3.20 billion in 2020 and is estimated to reach USD 4.51 billion by 2026. Another report states the U.S. shower glass door market generated USD 3,188.3 million in 2019 and is expected to rise to USD 6,781.9 million by 2030. The U.S. shower enclosures market was valued at USD 3.80 billion in 2022. The North America Shower Glass Door Market Size was valued at USD 3.91 billion in 2022.
- Closet Shelving and Mirrors: The U.S. home organizers and storage market size is valued at USD 12.05 billion in 2025. The overall market size for the closet organizers market was USD 4,033.3 million in 2025. The U.S. garage organization and storage market size was estimated at USD 3.46 billion in 2024.
- Caulk and Sealant Products: The United States construction adhesives and sealants market size is estimated at USD 3.08 billion in 2024 and is expected to reach USD 3.85 billion by 2028. The U.S. construction silicone sealants market size was estimated at USD 288.1 million in 2025. The global building and construction sealants market size is accounted at USD 11.59 billion in 2025.
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Installed Building Products (IBP) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
- Strategic Acquisitions: IBP consistently pursues a strategy of acquiring well-managed installers of insulation and complementary building products. The company aims to acquire at least $100 million in annual revenue each year. Recent acquisitions in late 2025 and early 2026 further demonstrate this ongoing growth driver.
- Expansion in Commercial and Multifamily Construction: Despite facing challenges in the single-family new residential market, IBP has experienced strong growth in its commercial and heavy commercial segments. The multifamily sector is also anticipated to rebound in the latter half of 2026, supported by increasing contract backlogs in crucial branches.
- Price/Mix Improvements: The company has demonstrated a consistent ability to achieve favorable price/mix increases, indicating successful pricing strategies and a shift towards higher-value products and services.
- Long-term Industry Tailwinds and Energy Efficiency: Management maintains a positive long-term outlook for its installed services. Additionally, anticipated long-term tailwinds from energy-efficiency legislation are expected to support growth in both the single-family and multifamily segments.
- Geographic Expansion and Product Diversification: Through strategic acquisitions, IBP not only adds to its revenue base but also expands its geographic footprint and diversifies its product and service offerings.
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1. Share Repurchases
- Installed Building Products repurchased 850,000 shares of its common stock at a total cost of $172.6 million during the twelve months ended December 31, 2025.
- The Board of Directors authorized a new stock repurchase program allowing for the repurchase of up to $500 million of outstanding common stock, effective through March 1, 2027.
- In 2024, the company repurchased 565,000 shares for $118 million.
2. Share Issuance
- No significant share issuance events (large dollar amounts by third parties) were identified for the last 3-5 years; shares outstanding have been consistently declining.
3. Inbound Investments
- Installed Building Products successfully repriced its $500 million Term Loan B facility in November 2024, resulting in over $1 million in estimated annual cash interest expense savings.
- In January 2026, the company issued $500 million of 5.625% Senior Unsecured Notes due 2034 and amended and increased its Asset-Based Lending (ABL) revolving credit facility to $375 million.
4. Outbound Investments
- In 2025, Installed Building Products completed 11 acquisitions, including bolt-ons, representing over $64 million of annual revenue.
- The company aims to acquire at least $100 million of annual revenue in 2026.
- In 2024, Installed Building Products completed nine acquisitions, boosting revenue potential.
5. Capital Expenditures
- Capital expenditures are estimated to be approximately 2% of revenue.
- Discretionary spending for capital improvements is anticipated to approximate 2025 levels in 2026.
Latest Trefis Analyses
Trade Ideas
Select ideas related to IBP.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02272026 | MBLY | Mobileye Global | Dip Buy | DB | Cash/EquityDip Buyer with High Net Cash % EquityBuying dips for companies with significant net cash as a % of market cap along with meaningful cash flow generation | 0.0% | 0.0% | 0.0% |
| 02202026 | SAH | Sonic Automotive | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -5.9% | -5.9% | -6.1% |
| 02132026 | MAT | Mattel | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 2.9% | 2.9% | 0.0% |
| 02132026 | SONO | Sonos | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -0.7% | -0.7% | -4.6% |
| 02062026 | DECK | Deckers Outdoor | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.6% | 1.6% | -0.8% |
| 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
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 92.50 |
| Mkt Cap | 8.7 |
| Rev LTM | 6,486 |
| Op Inc LTM | 789 |
| FCF LTM | 775 |
| FCF 3Y Avg | 855 |
| CFO LTM | 889 |
| CFO 3Y Avg | 982 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -1.1% |
| Rev Chg 3Y Avg | 0.1% |
| Rev Chg Q | -2.2% |
| QoQ Delta Rev Chg LTM | -0.5% |
| Op Mgn LTM | 14.3% |
| Op Mgn 3Y Avg | 15.5% |
| QoQ Delta Op Mgn LTM | -0.7% |
| CFO/Rev LTM | 13.0% |
| CFO/Rev 3Y Avg | 15.0% |
| FCF/Rev LTM | 9.8% |
| FCF/Rev 3Y Avg | 12.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 8.7 |
| P/S | 1.3 |
| P/EBIT | 11.7 |
| P/E | 17.0 |
| P/CFO | 10.7 |
| Total Yield | 5.2% |
| Dividend Yield | 1.7% |
| FCF Yield 3Y Avg | 6.8% |
| D/E | 0.4 |
| Net D/E | 0.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -19.4% |
| 3M Rtn | -13.5% |
| 6M Rtn | -20.1% |
| 12M Rtn | -20.6% |
| 3Y Rtn | 25.5% |
| 1M Excs Rtn | -12.7% |
| 3M Excs Rtn | -5.0% |
| 6M Excs Rtn | -15.7% |
| 12M Excs Rtn | -32.2% |
| 3Y Excs Rtn | -38.3% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Installation | 2,762 | 2,606 | 2,514 | 1,942 | |
| Other revenue | 197 | 182 | 162 | 29 | |
| Elimination of inter-segment revenue | -18 | -9 | -6 | -2 | |
| Fireproofing/firestopping | 50 | ||||
| Garage doors | 94 | ||||
| Insulation | 1,058 | ||||
| Other building products | 102 | ||||
| Rain gutters | 63 | ||||
| Shower doors, shelving and mirrors | 117 | ||||
| Waterproofing | 123 | ||||
| Window blinds | 47 | ||||
| Total | 2,941 | 2,779 | 2,670 | 1,969 | 1,653 |
Price Behavior
Price Behavior
| Market Price | $262.33 | |
| Market Cap ($ Bil) | 7.1 | |
| First Trading Date | 02/13/2014 | |
| Distance from 52W High | -23.2% | |
| 50 Days | 200 Days | |
| DMA Price | $301.84 | $256.45 |
| DMA Trend | up | up |
| Distance from DMA | -13.1% | 2.3% |
| 3M | 1YR | |
| Volatility | 48.3% | 47.8% |
| Downside Capture | 0.38 | 0.52 |
| Upside Capture | 80.10 | 107.47 |
| Correlation (SPY) | 23.9% | 35.5% |
IBP Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -1.10 | 0.27 | 0.78 | 0.80 | 0.85 | 1.22 |
| Up Beta | 0.62 | 0.50 | 0.97 | 1.36 | 1.15 | 1.37 |
| Down Beta | -0.29 | 0.87 | 1.05 | 0.89 | 0.52 | 0.76 |
| Up Capture | -112% | 83% | 129% | 88% | 119% | 346% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 10 | 20 | 27 | 56 | 126 | 388 |
| Down Capture | -281% | -113% | -4% | 39% | 63% | 107% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 11 | 21 | 33 | 67 | 124 | 363 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IBP | |
|---|---|---|---|---|
| IBP | 50.9% | 47.8% | 1.00 | - |
| Sector ETF (XLY) | 4.6% | 23.6% | 0.13 | 42.9% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 35.4% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | 9.0% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | 4.1% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 46.3% |
| Bitcoin (BTCUSD) | -21.0% | 44.0% | -0.41 | 18.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IBP | |
|---|---|---|---|---|
| IBP | 20.7% | 43.8% | 0.57 | - |
| Sector ETF (XLY) | 5.6% | 23.7% | 0.20 | 52.8% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 50.2% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 10.4% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 7.5% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 51.7% |
| Bitcoin (BTCUSD) | 4.7% | 56.6% | 0.30 | 20.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with IBP | |
|---|---|---|---|---|
| IBP | 27.2% | 47.8% | 0.69 | - |
| Sector ETF (XLY) | 11.6% | 21.9% | 0.49 | 55.6% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 54.4% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 9.0% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 16.6% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 53.7% |
| Bitcoin (BTCUSD) | 66.9% | 66.8% | 1.06 | 15.9% |
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 |
| 2/26/2026 | 7.1% | 9.1% | -11.2% |
| 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% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 13 | 12 |
| # Negative | 12 | 11 | 12 |
| Median Positive | 5.0% | 7.1% | 11.6% |
| Median Negative | -2.0% | -7.2% | -9.3% |
| Max Positive | 20.5% | 28.7% | 38.4% |
| Max Negative | -12.7% | -23.2% | -18.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/26/2026 | 10-K |
| 09/30/2025 | 11/05/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/22/2024 | 10-K |
| 09/30/2023 | 11/08/2023 | 10-Q |
| 06/30/2023 | 08/02/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/22/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q4 2025 Earnings Reported 2/26/2026 | Prior: Q3 2025 Earnings Reported 11/5/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Acquired Annual Revenue | 100.00 Mil | 0 | Same New | Guidance: 100.00 Mil for 2025 | |||
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Thomas, Michael H | Direct | Sell | 12012025 | 268.28 | 2,001 | 536,832 | 2,246,324 | Form | |
| 2 | Hire, William Jeffrey | President of External Affairs | Direct | Sell | 11102025 | 251.63 | 5,000 | 1,258,143 | 8,303,492 | Form |
| 3 | Wheeler, Brad A | Chief Operating Officer | Direct | Sell | 8272025 | 275.29 | 3,186 | 877,074 | 2,404,933 | Form |
| 4 | Jackson, Janet E | Direct | Sell | 8262025 | 266.00 | 1,469 | 390,754 | 1,828,218 | Form | |
| 5 | Hire, William Jeffrey | President of External Affairs | Direct | Sell | 8152025 | 265.71 | 6,500 | 1,727,116 | 10,096,723 | 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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