IBPInstalled Building Products, Inc.
General Bldg Contractors - Residential Bldgs
- Revenue
- $3.0B
- 1.0% YoY
- Operating margin
- 13.0%
- 0.0% YoY
- EBITDA
- $448M
- 2.3% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.5×
- $668M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear140% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear70% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear21% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.0B | $2.7B | $2.8B | $2.9B | $3.0B | 1.0% |
| Operating income | $188M | $345M | $369M | $383M | $386M | 1.0% |
| Net income | $119M | $223M | $244M | $257M | $265M | 3.4% |
| Operating cash flow | $138M | $278M | $340M | $340M | $371M | 9.2% |
| Capex | $37M | $46M | $62M | $89M | $71M | 20% |
| Stock-based comp | $14M | $14M | $16M | $19M | $22M | 11% |
| Buybacks | $0 | $138M | $6M | $145M | $173M | 19% |
| Dividends | $35M | $63M | $63M | $85M | $88M | 3.4% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $257K · 1
- Net
- −$257K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $7M | $12M | 276 | 193 |
| FY2024 | $6M | $6M | 183 | 177 |
| FY2023 | $6M | $10M | 189 | 157 |
| FY2022 | $5M | $697K | 87 | 104 |
| FY2021 | $4M | $8M | 138 | 125 |