Installed Building Products Inc
F:2IL
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
I
|
Installed Building Products Inc
F:2IL
|
US |
|
Guaranty Trust Holding Company PLC
F:9JO
|
NG |
|
Sandvik AB
OTC:SDVKF
|
SE |
|
Vaudoise Assurances Holding SA
F:VAHB
|
CH |
|
S
|
Sasol Ltd
JSE:SOLBE1
|
ZA |
|
T
|
TD Synnex Corp
F:SUX
|
US |
|
Sands China Ltd
OTC:SCHYY
|
MO |
|
F
|
First Industrial Realty Trust Inc
F:F5W
|
US |
|
Lumen Technologies Inc
NYSE:LUMN
|
US |
|
A
|
Aflac Inc
LSE:0H68
|
US |
|
Deutsche Post AG
MIL:DPW
|
DE |
|
Dai Nippon Printing Co Ltd
OTC:DNPLY
|
JP |
|
C
|
Carlisle Companies Inc
XBER:CLE
|
US |
|
T
|
Terna Rete Elettrica Nazionale SpA
SWB:UEI
|
IT |
Installed Building Products Inc
Installed Building Products installs insulation and other building products for new-home builders, commercial contractors, and homeowners. Its main work is putting in fiberglass, spray foam, cellulose, garage doors, shower enclosures, mirrors, and other products that are finished into a building during construction or renovation. The company is not a manufacturer in the usual sense; it is a service contractor that turns building products into completed installations. The company makes money by charging for labor, materials, and installation services on each project. A large part of its business comes from residential construction, where builders want a reliable subcontractor that can handle installation at scale and on schedule. It also serves the repair-and-remodel market, which gives it exposure to projects beyond new home construction. Its role in the industry is important because insulation and related interior products are often needed in almost every building, but they are usually bought through local installation crews rather than directly by end customers. That makes Installed Building Products a middle-of-the-chain business: it buys materials from manufacturers, installs them in buildings, and sells finished installation services to builders and property owners.
Installed Building Products installs insulation and other building products for new-home builders, commercial contractors, and homeowners. Its main work is putting in fiberglass, spray foam, cellulose, garage doors, shower enclosures, mirrors, and other products that are finished into a building during construction or renovation. The company is not a manufacturer in the usual sense; it is a service contractor that turns building products into completed installations.
The company makes money by charging for labor, materials, and installation services on each project. A large part of its business comes from residential construction, where builders want a reliable subcontractor that can handle installation at scale and on schedule. It also serves the repair-and-remodel market, which gives it exposure to projects beyond new home construction.
Its role in the industry is important because insulation and related interior products are often needed in almost every building, but they are usually bought through local installation crews rather than directly by end customers. That makes Installed Building Products a middle-of-the-chain business: it buys materials from manufacturers, installs them in buildings, and sells finished installation services to builders and property owners.
Record Profitability: IBP delivered record sales and profitability in 2025, with strong cash flow and resilient margins despite headwinds in core residential markets.
Gross Margin: Gross margin hit a record 35% in Q4, up from 33.6% last year, driven by a more favorable customer and geographic mix, as well as strong heavy commercial performance.
Commercial Strength: Heavy commercial same-branch sales grew 38% in Q4 and 10% for the year, significantly offsetting residential market weakness.
Residential Weakness: Same-branch residential sales declined 4% for the year; production builder segment remains pressured by affordability and slow starts.
Disciplined Acquisitions: IBP completed 11 acquisitions in 2025 and expects to acquire at least $100 million in annual revenue via M&A in 2026.
Shareholder Returns: The company increased its quarterly dividend by over 5%, announced a $1.80 per share variable dividend (nearly 6% higher YoY), repurchased $173 million in stock in 2025, and launched a new $500 million buyback program.
Strong Liquidity: Nearly $900 million in available liquidity after recent refinancing and credit facility expansion.
Outlook: Management remains optimistic about long-term prospects, but expects continued near-term headwinds in residential construction and some price/cost pressures, especially in entry-level markets and Q1 weather impacts.