---
schema_version: "secwatch.filing_event.v1"
accession: "0001580905-23-000050"
form_type: "8-K"
ticker: "IBP"
cik: "0001580905"
company_name: "Installed Building Products, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:29:23.255123+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# IBP posts record Q3 net income $68M ($2.40 EPS); adjusted EPS $2.79; declares $0.33 dividend

## Summary
- Net revenue $706.5M (-1.8% YoY); net income $68.0M (+11.5%); record net income margin 9.6%.
- Adjusted EBITDA record $130.5M, margin 18.5% (up from 16.7%).
- Quarterly dividend $0.33/share (+5% YoY), payable Dec 31 to holders of record Dec 15.
- COO Jay Elliott retiring Dec 31; Brad A. Wheeler named successor effective Jan 1, 2024.
- YTD acquisitions $58M annual revenue; expects to fall short of $100M goal.

## SEC filing metadata
- accession: 0001580905-23-000050
- form_type: 8-K
- ticker: IBP
- cik: 0001580905
- company_name: Installed Building Products, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580905/000158090523000050/0001580905-23-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580905/000158090523000050/ibp-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580905-23-000050
- JSON: https://secwatch.observer/filing/0001580905-23-000050.json
- Plain text: https://secwatch.observer/filing/0001580905-23-000050.txt

## Key facts
- Earnings Releases
  Installed Building Products, Inc. reported the third quarter ended September 30, 2023 results: revenue $706.5 million, net income $68.0 million, EPS $2.40 per diluted share.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $706.5 million
  - Net income: $68.0 million
  - EPS: $2.40 per diluted share
  - Result: reported results
  source text: today announced results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights (Comparisons are to Prior Year Period) • Net revenue decreased 1.8% to $706.5 million ◦ Installation revenue decreased 1.7% to $661.2 million, as softer single-family sales were partially offset by multi-family and commercial sales growth, including incremental
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580905/000158090523000050/0001580905-23-000050-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.