Tearsheet

Installed Building Products (IBP)


Market Price (10/20/2025): $256.84 | Market Cap: $7.0 Bil
Sector: Consumer Discretionary | Industry: Homebuilding

Installed Building Products (IBP)


Market Price (10/20/2025): $256.84
Market Cap: $7.0 Bil
Sector: Consumer Discretionary
Industry: Homebuilding

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


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%
  
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%

Market Valuation & Key Metrics

IBP Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
IBP Return48%38%-37%118%-3%49%304%
Peers Return7%54%-8%38%15%-15%102%
S&P 500 Return16%27%-19%24%23%13%106%

Monthly Win Rates [3]
IBP Win Rate75%75%33%58%50%56% 
Peers Win Rate47%60%33%43%53%56% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
IBP Max Drawdown-56%-0%-48%0%-6%-11% 
Peers Max Drawdown-48%-4%-29%-9%-7%-35% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: VMI, TMHC, KBH, SKY, SPHL. 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 10/17/2025 (YTD)

Downturns Compared

Unique KeyEventIBPS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-49.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven96.8%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven385 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-61.7%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven161.0%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven126 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-61.8%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven161.5%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven456 days120 days


How Low Can It Go?

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.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

Better Bets than Installed Building Products (IBP)

Latest Trefis Analyses

Trade Ideas

Select past ideas related to IBP. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ANF_9302025_Dip_Buyer_FCFYield09302025ANFAbercrombie & FitchDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-20.0%-20.0%-20.0%
DECK_9302025_Dip_Buyer_FCFYield09302025DECKDeckers OutdoorDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-1.5%-1.5%-6.2%
CHH_9302025_Dip_Buyer_ValueBuy09302025CHHChoice Hotels InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-6.8%-6.8%-7.9%
VAC_9302025_Dip_Buyer_ValueBuy09302025VACMarriott Vacations WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.5%0.5%-6.1%
FUN_9302025_Short_Squeeze09302025FUNSix Flags EntertainmentSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-8.1%-8.1%-11.7%
IBP_8312024_Quality_Momentum_RoomToRun_10%08312024IBPInstalled Building ProductsQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
-22.6%19.9%-29.6%
IBP_11302022_Dip_Buyer_ValueBuy11302022IBPInstalled Building ProductsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
24.9%80.8%-1.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ANF_9302025_Dip_Buyer_FCFYield09302025ANFAbercrombie & FitchDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-20.0%-20.0%-20.0%
DECK_9302025_Dip_Buyer_FCFYield09302025DECKDeckers OutdoorDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-1.5%-1.5%-6.2%
CHH_9302025_Dip_Buyer_ValueBuy09302025CHHChoice Hotels InternationalDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-6.8%-6.8%-7.9%
VAC_9302025_Dip_Buyer_ValueBuy09302025VACMarriott Vacations WorldwideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
0.5%0.5%-6.1%
FUN_9302025_Short_Squeeze09302025FUNSix Flags EntertainmentSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-8.1%-8.1%-11.7%
IBP_8312024_Quality_Momentum_RoomToRun_10%08312024IBPInstalled Building ProductsQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
-22.6%19.9%-29.6%
IBP_11302022_Dip_Buyer_ValueBuy11302022IBPInstalled Building ProductsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
24.9%80.8%-1.0%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Installed Building Products

Financials

IBPVMITMHCKBHSKYSPHLMedian
NameInstalle.Valmont .Taylor M.KB Home Champion.Springvi. 
Mkt Price257.00404.8661.8061.9175.670.6168.79
Mkt Cap7.08.16.24.14.3-6.2
Rev LTM2,9564,0678,4036,5422,557-4,067
Op Inc LTM3715211,263635260-521
FCF LTM277520490350183-350
FCF 3Y Avg278332587588251-332
CFO LTM359614525394232-394
CFO 3Y Avg347423627628303-423

Growth & Margins

IBPVMITMHCKBHSKYSPHLMedian
NameInstalle.Valmont .Taylor M.KB Home Champion.Springvi. 
Rev Chg LTM3.4%-0.6%13.8%-0.9%16.9%-3.4%
Rev Chg 3Y Avg8.9%3.7%1.9%-0.5%2.3%-2.3%
Rev Chg Q3.1%-0.9%2.0%-7.5%11.7%-2.0%
QoQ Delta Rev Chg LTM0.8%-0.2%0.5%-2.0%3.0%-0.5%
Op Mgn LTM12.5%12.8%15.0%9.7%10.2%-12.5%
Op Mgn 3Y Avg12.9%11.6%15.4%11.2%12.0%-12.0%
QoQ Delta Op Mgn LTM-0.1%-0.1%0.0%-0.7%0.6%--0.1%
CFO/Rev LTM12.1%15.1%6.3%6.0%9.1%-9.1%
CFO/Rev 3Y Avg12.1%10.2%7.5%9.5%12.9%-10.2%
FCF/Rev LTM9.4%12.8%5.8%5.3%7.1%-7.1%
FCF/Rev 3Y Avg9.7%8.0%7.0%8.9%10.7%-8.9%

Valuation

IBPVMITMHCKBHSKYSPHLMedian
NameInstalle.Valmont .Taylor M.KB Home Champion.Springvi. 
Mkt Cap7.08.16.24.14.3-6.2
P/S2.42.00.70.61.7-1.7
P/EBIT18.915.64.96.515.0-15.0
P/E28.123.36.87.919.9-19.9
P/CFO19.613.211.710.418.7-13.2
Total Yield4.8%4.6%14.6%13.0%5.0%-5.0%
Dividend Yield1.2%0.3%0.0%0.4%0.0%-0.3%
FCF Yield 3Y Avg5.8%5.3%10.8%14.4%6.7%-6.7%
D/E0.10.10.40.50.0-0.1
Net D/E0.10.10.30.4-0.1-0.1

Returns

IBPVMITMHCKBHSKYSPHLMedian
NameInstalle.Valmont .Taylor M.KB Home Champion.Springvi. 
1M Rtn-1.0%8.1%-8.8%-3.2%1.7%20.2%0.3%
3M Rtn39.8%20.8%-1.4%15.4%17.8%18.8%18.3%
6M Rtn63.0%46.3%9.5%20.9%-7.5%58.8%33.6%
12M Rtn2.8%33.7%-12.9%-26.2%-24.3%-85.3%-18.6%
3Y Rtn246.4%44.9%159.1%144.9%41.7%-144.9%
1M Excs Rtn-3.0%6.6%-11.2%-5.3%-1.3%26.7%-2.2%
3M Excs Rtn32.9%16.5%-6.3%9.0%12.5%7.5%10.7%
6M Excs Rtn36.8%20.1%-16.7%-5.3%-33.7%32.6%7.4%
12M Excs Rtn-10.6%19.8%-25.0%-38.3%-35.9%--25.0%
3Y Excs Rtn135.4%-39.8%56.5%49.1%-48.3%-49.1%

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 Date9302025
Short Interest: Shares Quantity2,448,479
Short Interest: % Change Since 91520256.2%
Average Daily Volume386,396
Days-to-Cover Short Interest6.34
Basic Shares Quantity27,323,118
Short % of Basic Shares9.0%

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/7/202520.5%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%
5/9/20242.1%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%

SEC Filings

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Report DateFiling DateFiling
6302025807202510-Q 6/30/2025
3312025508202510-Q 3/31/2025
12312024227202510-K 12/31/2024
93020241107202410-Q 9/30/2024
6302024801202410-Q 6/30/2024
3312024509202410-Q 3/31/2024
12312023222202410-K 12/31/2023
93020231108202310-Q 9/30/2023
6302023802202310-Q 6/30/2023
3312023504202310-Q 3/31/2023
12312022222202310-K 12/31/2022
93020221103202210-Q 9/30/2022
6302022804202210-Q 6/30/2022
3312022505202210-Q 3/31/2022
12312021224202210-K 12/31/2021
93020211104202110-Q 9/30/2021

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