Installed Building Products, Inc. (IBP) Stock Price & Analysis
Installed Building Products, Inc. (IBP) closed at USD 198.13 on Thursday, October 22, 2026, up 5.46% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 187.87; the Oct 22, 2026 session ranged USD 185.02–199.37 on volume of 279,070 shares. Market capitalization is $5.27B, with a 52-week range of USD 176.15–349 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:16 UTC.
Also available as compact Markdown for AI agents: nexqual.com/IBP.md
Key facts (IBP)
- Last four reported quarters (through Jun 30, 2026): revenue $2.96B, net income $251M (8.5% margin), free cash flow $292M (SEC filings).
- Valuation: P/E 21.0x (avg 22.4x at the last 3 fiscal year-ends), EV/EBITDA 13.7x, net debt $668M.
- 2 of 80 tracked superinvestors hold IBP (13F, Q2 2026): 0 new, 1 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $257K; 1 not under a Rule 10b5-1 plan ($257K); 1 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 5 Form 4 filings, $1.0M; 2 by opportunistic insiders, 0 by routine insiders.
- Analysts: Hold (mean 2.86 on a 1–5 scale) (14 analysts), mean target USD 213.46 (range 160–257).
- Total return with dividends: 1Y -24.9% vs S&P 500 +14.9%; 5Y +83.1% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 2.84, revenue estimate $789M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (IBP)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.97B | $2.67B | $2.78B | $2.94B | $2.97B | $2.96B |
| Gross profit | $590M | $828M | $931M | $995M | $1.01B | — |
| Operating income | $188M | $345M | $369M | $383M | $386M | $368M |
| Net income | $119M | $223M | $244M | $257M | $265M | $251M |
| EPS (diluted) | $4.01 | $7.74 | $8.61 | $9.10 | $9.71 | — |
| Free cash flow | $101M | $232M | $279M | $251M | $301M | $292M |
| Gross margin | 29.9% | 31.0% | 33.5% | 33.8% | 34.0% | — |
| Operating margin | 9.5% | 12.9% | 13.3% | 13.0% | 13.0% | 12.4% |
| Net margin | 6.0% | 8.4% | 8.8% | 8.7% | 8.9% | 8.5% |
| Revenue growth | +19.1% | +35.6% | +4.1% | +5.9% | +1.0% | — |
| Cash + short-term investments | $333M | — | — | $328M | $322M | — |
| Total debt | $863M | $861M | $867M | $875M | $887M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (IBP)
P/E 21.0x · P/S 1.8x · EV/EBITDA 13.7x · EV/Sales 2.0x · P/FCF 18.1x · P/B 8.2x · FCF yield 5.54% · Earnings yield 4.76% · Dividend yield (paid, TTM) 1.69% · Buyback yield (TTM) 3.62% · Net debt $668M · EV $5.93B
P/E at fiscal year-ends: Dec 2025 26.7x, Dec 2024 19.3x, Dec 2023 21.2x.
Superinvestors (SEC 13F-HR, Q2 2026) (IBP)
2 of 80 tracked investors hold IBP. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Francois Rochon | Giverny Capital | 3.07% | $91.4M | Reduced -1.5% |
| First Eagle Investment | First Eagle Investment Management | 0.05% | $29.3M | Added +99.8% |
Insider sales (SEC Form 4, open-market, last ~7 months) (IBP)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-03 | Jackson Janet E. | Director | 1,086 | $257K | 17.4% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (IBP)
5 purchases, $1.0M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-06-11 | Miller Michael Thomas | Executive VP & CFO | 990 | $199K | 200.62 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-11 | Hilsheimer Lawrence A. | Director | 475 | $98K | 206.22 | Too little history (no open-market trades in 2023–2025) |
| 2026-05-11 | Niswonger Jason R | Chief Admin. & Sustainability | 455 | $98K | 214.8 | Too little history (no open-market trades in 2023 or 2025) |
| 2026-05-11 | Miller Michael Thomas | Executive VP & CFO | 2,400 | $499K | 207.82 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-11 | Wheeler Brad A | Chief Operating Officer | 716 | $150K | 209.13 | Too little history (no open-market trades in 2023) |
Analysts (IBP)
Consensus Hold (mean 2.86 on a 1–5 scale), 14 analysts; mean target USD 213.46 (low 160, high 257).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-16 | Wells Fargo | Target lowered | Equal-Weight | $240 → $195 |
| 2026-10-12 | Goldman Sachs | Target lowered | Buy | $297 → $257 |
| 2026-10-08 | Truist Securities | Target lowered | Hold | $200 → $160 |
| 2026-10-07 | RBC Capital | Target lowered | Sector Perform | $228 → $208 |
| 2026-10-06 | Melius Research | Initiated | Hold | $217 |
| 2026-09-25 | Evercore ISI Group | Target lowered | In-Line | $246 → $222 |
| 2026-09-15 | Stifel | Initiated | Buy | $240 |
| 2026-09-11 | Wells Fargo | Target lowered | Equal-Weight | $245 → $240 |
| 2026-08-10 | DA Davidson | Target raised | Neutral | $242 → $250 |
| 2026-08-07 | Evercore ISI Group | Target raised | In-Line | $226 → $246 |
Total return (dividends reinvested) (IBP)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -24.9% | +83.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -25.0% | +12.8% |
| Volatility (annualized) | 54.8% | 45.0% |
| Max drawdown | -47.0% (Feb 2026→Oct 2026) | -45.5% (Feb 2026→Oct 2026) |
IBP revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Installation | $710.7M | 91.4% | -0.7% |
| Other | $90.2M | 11.6% | +59.1% |
| Total revenue | $777.8M | 100% | — |
IBP revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Net revenue, Installation | $710.7M | 91.4% | -0.7% |
| — Insulation (part of Net revenue, Installation) | $430.5M | 55.3% | -3.6% |
| — Shower doors, shelving and mirrors (part of Net revenue, Installation) | $55.8M | 7.2% | -1.9% |
| — Other building products (part of Net revenue, Installation) | $50.3M | 6.5% | +6.6% |
| — Waterproofing (part of Net revenue, Installation) | $45.3M | 5.8% | +10.8% |
| — Garage doors (part of Net revenue, Installation) | $43.7M | 5.6% | -1.1% |
| — Fireproofing/firestopping (part of Net revenue, Installation) | $33.4M | 4.3% | +22.8% |
| — Rain gutters (part of Net revenue, Installation) | $32.8M | 4.2% | +2.8% |
| — Window blinds (part of Net revenue, Installation) | $18.9M | 2.4% | -9.1% |
| Other | $67.1M | 8.6% | +50.1% |
| Total revenue | $777.8M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
IBP suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Related party | I Homes | “Additionally, M/I Homes, Inc. accounted for a significant portion of our related party sales during the years ended December 31, 2025 and 2024.” |
Quoted from the company's 10-K filed Feb 26, 2026.
IBP customer concentration
In the period ended Jun 30, 2026, 4 direct customers each accounted for at least 10% (91%, 67%, 18%, 6%) of revenue, per the company's 10-Q filed Aug 6, 2026. The company does not name them.
IBP company outlook (results filed Aug 6, 2026)
- “The Company offers its portfolio of services for new and existing single-family and multi-family residential and commercial building projects in all 48 continental states and the District of Columbia from its national network of over 250 branch locations.”
- “(3) The heavy commercial end market, a subset of our total commercial end market, comprises projects that are much larger than our average installation job.”
Quoted word-for-word from the SEC 8-K results press release.
IBP analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.84 | $2.90 | -1.9% | $789.3M | 14 |
| Next quarter (ends Dec 2026) | $2.80 | $2.87 | -2.4% | $762.3M | 14 |
| Current fiscal year (ends Dec 2026) | $10.34 | $10.13 | +2.1% | $2.99B | 14 |
| Next fiscal year (ends Dec 2027) | $10.78 | $11.19 | -3.7% | $3.05B | 14 |
IBP options: expected move
Options price a move of about ±13.2% (±$26.20) by Nov 20, 2026, which includes earnings on Nov 5, 2026. Over the last 8 reports the stock moved ±9.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 58.5% | ±13.2% |
| Dec 18, 2026 | 56 | 51.6% | ±16.3% |
| Mar 19, 2027 | 147 | 50.7% | ±25.6% |
| Jun 17, 2027 | 237 | 50.5% | ±32.0% |
30-day implied volatility 58.2% vs 40.5% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:16 UTC)
| Price | USD 198.13 |
|---|---|
| Change | ▲ 5.46% (up) |
| Previous Close | USD 187.87 |
| Open | USD 187.36 |
| Day Range | USD 185.02 – 199.37 |
| 52-Week Range | USD 176.15 – 349 |
| Volume | 279,070 shares |
| Market Cap | $5.27B |
| Exchange | NYQ |
Technical Analysis (IBP)
Nexqual's technical model rates IBP "SELL" based on 2 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 09:16 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 48.28 (neutral) |
| vs SMA50 | Below (USD 211.43) |
| MACD | -5.37 (negative) |
Analyst Ratings (IBP)
Wall Street analysts rate IBP "Hold" based on 14 analysts, with a mean price target of USD 213.46 (range USD 160–257), per Nexqual as of October 23, 2026 at 09:16 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 14 |
| Mean Target | USD 213.46 |
| High Target | USD 257 |
| Low Target | USD 160 |
| Buy / Hold / Sell | 2 / 12 / 0 |
Earnings (IBP)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD 2.84 |
| Revenue Estimate | $789.32M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.91 vs est 2.56 ▲ beat |
| 2026-03-31 | USD 1.79 vs est 1.96 ▼ miss |
| 2025-12-31 | USD 3.24 vs est 2.75 ▲ beat |
| 2025-09-30 | USD 3.18 vs est 2.74 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
Financials & Fundamentals (IBP)
| Total Revenue | $2.96B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +2.30% |
| Gross Margin | +33.63% |
| Operating Margin | +12.25% |
| Profit Margin | +8.46% |
| ROE | +38.45% |
| Debt / Equity | 1.87 |
| Current Ratio | 2.98 |
| Total Cash | $394.50M |
| Total Debt | $1.20B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $291.70M (9.8% of revenue) |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
Financial Health Score (IBP)
Nexqual rates Installed Building Products, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:16 UTC.
| Growth | Mixed — Revenue +1.0% YoY (annual), slow |
|---|---|
| Profitability | Solid — Gross margin 34%, operating 12% (last 12 months) |
| Balance Sheet | Weak — $395M cash and investments vs $1.06B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $292M (last 4 quarters to Jun 2026, SEC), 10% margin |
| Efficiency | Strong — ROE 38%, ROA 10.9% |
Ownership (IBP)
| Insider Ownership | +13.92% |
|---|---|
| Institutional Ownership | +102.26% |
| Shares Outstanding | 26.58M |
| Float | 22.70M |
| Short % of Float | +7.92% |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
Leadership (IBP)
Installed Building Products, Inc. is led by Jeffrey W. Edwards, Chairman, CEO & President, per Nexqual as of October 23, 2026 at 09:16 UTC.
| Chairman, CEO & President | Jeffrey W. Edwards |
|---|---|
| CFO, Executive VP of Finance & Director | Michael Thomas Miller |
| Chief Operating Officer | Brad A. Wheeler |
| President of External Affairs | William Jeffrey Hire |
| Director of Investor Relations & Financial Planning | Ryan Ricketts |
Major Backers & Investors (IBP)
Notable institutional backers of Installed Building Products, Inc. include Kayne Anderson Rudnick Investment Management LLC, Price (T.Rowe) Associates Inc, FMR, LLC, according to Nexqual as of October 23, 2026 at 09:16 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Kayne Anderson Rudnick Investment Management LLC | 6.93% |
| Price (T.Rowe) Associates Inc | 4.37% |
| FMR, LLC | 2.6% |
| Timucuan Asset Management Inc/fl | 2.45% |
| Morgan Stanley | 2.4% |
| First TRT Exch-Trd Fd. VI-First TRT SMID Cap Rising Dividend Achievers | 1.36% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 17.27% |
| Vanguard Group | 9.13% |
| State Street | 4.61% |
| Geode Capital | 2.81% |
Source: Nexqual, October 23, 2026 at 09:16 UTC.
From Installed Building Products, Inc.'s Latest SEC 10-K Filing (filed 2026-02-26)
Key Strengths & Strategy (as disclosed to the SEC)
- We place an emphasis on having a strong balance sheet which allows us to focus on our strategic initiatives and pursue growth opportunities, drive profitability and generate cash.
- Our national scale allows us to purchase volumes that account for a meaningful portion of the production for these suppliers allowing them to better plan their production schedules.
Legal & Regulatory Risks (Item 1A, quoted)
- Our business could be adversely affected by changes in immigration laws or failure to properly verify the employment eligibility of our employees.
- Our results of operations, financial condition and cash flows could be adversely affected if pending or future legal claims against us are not resolved in our favor.
- Product liability, workmanship warranty, casualty, negligence, construction defect, breach of contract and other claims and legal proceedings can be expensive to defend and can divert the attention of management and other personnel for significant periods of time, regardless of the ultimate outcome.
- Changes in laws, regulations or rules, or a failure to comply with any laws, regulations or rules, may adversely affect our business.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SKY | Champion Homes, Inc. | USD 79.72 | ▲ 5.27% |
| CVCO | Cavco Industries, Inc. | USD 547.44 | ▲ 6.04% |
| MTH | Meritage Homes Corporation | USD 63.63 | ▲ 7.27% |
| MHO | M/I Homes, Inc. | USD 123.3 | ▲ 8.12% |
| KBH | KB Home | USD 46.19 | ▲ 7.39% |
| GRBK | Green Brick Partners, Inc. | USD 64.94 | ▲ 7.02% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:16 UTC. This page is informational and not investment advice.
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