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Installed Building Products (IBP)
NYSE:IBP
Earnings Data
Report Date
Apr 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.96Last Year’s EPS
2.08Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented strong operational and financial performance (record gross margins, record adjusted EBITDA, rising operating cash flow, healthy liquidity, active M&A and increased shareholder returns). These positives were balanced against persistent residential headwinds: lower job volumes, weaker entry-level production builder demand, and near-term weather-driven seasonality that will pressure Q1. Management emphasized commercial strength, continued margin discipline, and an active acquisition pipeline, signaling confidence in navigating near-term residential softness.Company Guidance
Record Profitability and Margins
Q4 adjusted gross margin reached a record 35% (up from 33.6% year-ago) and Q4 adjusted EBITDA was a record $142 million with an adjusted EBITDA margin of 19%.
Strong Q4 Adjusted Net Income
Adjusted net income for Q4 increased to $88 million, or $3.24 per diluted share.
Cash Flow and Return on Capital
Operating cash flow for the 12 months ended Dec 31, 2025 was $371 million, a 9% year-over-year increase; adjusted return on invested capital for 2025 was 24%, in line with the prior three-year average.
Commercial Segment Outperformance
Installation segment same-branch commercial sales grew 10% for full year 2025 and heavy commercial same-branch sales grew 38% in Q4 2025, materially contributing (~40 bps) to gross margin expansion.
Acquisition Activity and Pipeline
Completed 11 acquisitions in 2025 representing over $64 million of annual revenue, including 4 in Q4 representing >$23 million; added ~$21 million of annual sales in Jan-Feb 2026 across three deals; company expects to acquire at least $100 million of annual revenue in 2026.
Strong Liquidity and Capital Allocation
Closed $500M 2034 senior notes, repaid $300M 2028 notes, increased ABL to $375M, resulting in nearly $900M available liquidity and low leverage (net debt / TTM adjusted EBITDA 1.1x, below 2x target).
Shareholder Returns Increased
Repurchased 150,000 shares for $38M in Q4 and 850,000 shares for $173M in 2025; Board authorized new $500M buyback program; declared Q1 dividend $0.39 ( >5% YoY increase) and annual variable dividend $1.80 (nearly 6% increase).
Complementary Products and Distribution Progress
Complementary product penetration continued to improve (including excluding heavy commercial), distribution roll-out servicing an estimated 60%-70% of branches from ~5-6 locations, supporting margin improvement.
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 |
|---|---|---|---|
Feb 26, 2026 | $300.74 | $322.01 | +7.07% |
Nov 05, 2025 | $237.70 | $245.50 | +3.28% |
Aug 07, 2025 | $211.24 | $254.51 | +20.48% |
May 08, 2025 | $163.43 | $161.87 | -0.95% |
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 Apr 30, 2026, Before Open (Confirmed).
What is Installed Building Products (IBP) earnings time?
Installed Building Products (IBP) earnings time is at Apr 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 (Q1) is 1.96.