Installed Building Products (IBP)
NYSE:IBP
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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.58Last Year’s EPS
2.95Same Quarter Last Year
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: clear strengths in commercial and heavy-commercial performance, strong operating cash flow, ample liquidity, an active M&A pipeline, and shareholder returns initiatives. These positives were contrasted with notable near-term headwinds: weaker residential/new-single-family demand, a meaningful volume decline (partly weather-driven), margin pressure from rising insurance, vehicle and fuel costs, and some project slowdowns. Management expressed confidence in the long-term fundamentals, expects further M&A activity, and reaffirmed a full-year gross margin range (32%–34%), but acknowledged persistent cost pressures that could pressure quarterly results.Company Guidance
Solid commercial and heavy-commercial growth
Commercial same-branch sales increased 11% year-over-year in Q1, with heavy commercial outperforming (more than 20% growth, cited as ~22% in comments). Heavy commercial backlog growth positions that end market for continued strength in 2026.
Strong cash generation and liquidity
Generated $102 million in cash flow from operations in Q1, an 11% year-over-year increase; ended the quarter with $474 million in cash on the balance sheet and $346 million in working capital (ex-cash).
Profitability metrics remained solid
Adjusted EBITDA was $92 million with an adjusted EBITDA margin of 13.9%; adjusted net income was $48 million or $1.79 per diluted share for the quarter.
Prudent balance sheet / leverage
Net debt to trailing 12-month adjusted EBITDA was 1.2x at March 31, 2026 (down slightly from 1.17x prior year) — well below the company's stated target of 2.0x.
Active M&A and acquisitive outlook
Completed 4 acquisitions in Q1 representing approximately $28 million of annual sales across residential and commercial end markets; management expects to acquire at least $100 million of annual revenue in 2026.
Shareholder returns
Repurchased ~91,000 shares for $25 million in Q1 and has approximately $475 million remaining under the repurchase program (expires March 1, 2027); Q2 dividend approved at $0.39 per share, a >5% increase year-over-year.
Price/mix tailwinds from spray foam and product margin improvement
Spray foam manufacturers announced ~25% price increases that management expects to be largely passed through (spray foam ~11% of total sales), and product margin was reported up ~70 basis points year-over-year in Q1.
Multifamily backlog and market share gains
Management reported growing multifamily backlogs (traditional multifamily growing; high-rise is small portion of revenue) and noted profitable share gains and positive April activity in multifamily.
IBP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IBP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $299.47 | $216.92 | -27.57% |
Feb 26, 2026 | $298.32 | $319.42 | +7.07% |
Nov 05, 2025 | $235.78 | $243.52 | +3.28% |
Aug 07, 2025 | $209.54 | $252.46 | +20.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Installed Building Products (IBP) report earnings?
Installed Building Products (IBP) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is Installed Building Products (IBP) earnings time?
Installed Building Products (IBP) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IBP EPS forecast?
IBP EPS forecast for the fiscal quarter 2026 (Q2) is 2.58.