{"schema_version":"secwatch.filing_event.v1","accession":"0001580905-24-000006","form_type":"8-K","ticker":"IBP","cik":"0001580905","company_name":"Installed Building Products, Inc.","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.693627+00:00","generated_at":"2026-06-05T19:20:53.311017+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"IBP Q4 record revenue $720.7M, adj. EPS $2.72; dividend up 6%, $300M buyback authorized","bullets":["Q4 net revenue $720.7M (+5.0% YoY); net income $64.9M ($2.29 diluted EPS).","Adjusted net income per diluted share $2.72 (+11.9% YoY); adjusted EBITDA $128.3M (+11.2%).","Full-year 2023 record revenue $2.8B (+4.1%); net income $243.7M ($8.61 diluted EPS).","Quarterly dividend raised 6% to $0.35/share; annual variable dividend $1.60/share (up $0.70).","New $300M stock repurchase program authorized; 8 acquisitions closed in 2023; 2024 target $100M acquired revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0001580905-24-000006","json":"https://secwatch.observer/filing/0001580905-24-000006.json","markdown":"https://secwatch.observer/filing/0001580905-24-000006.md","text":"https://secwatch.observer/filing/0001580905-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1580905/000158090524000006/0001580905-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1580905/000158090524000006/ibp-20240222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T19:20:53.311017+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0ace49cfb77b1d17a0e54cde0d9af076d11465a4","claim":"Installed Building Products, Inc. reported financial results for the twelve months ended December 31, 2023.","evidence_excerpt":"On February 22, 2024, Installed Building Products, Inc. (the “Company”) issued a press release reporting the financial results for the three and twelve months ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580905/000158090524000006/0001580905-24-000006-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the twelve months ended December 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"0cedb84ba48a3a1ed4cdefd8ad2104f3b1ee7ef4","claim":"Installed Building Products, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $720.7 million, net income $64.9 million, EPS $2.29 per diluted share.","evidence_excerpt":"Installed Building Products, Inc. (the \"Company\" or \"IBP\") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced results for the fourth quarter ended December 31, 2023. Fourth Quarter 2023 Highlights (Comparisons are to Prior Year Period) • Net revenue increased 5.0% to a record $720.7 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580905/000158090524000006/0001580905-24-000006-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$720.7 million"},{"label":"Net income","value":"$64.9 million"},{"label":"EPS","value":"$2.29 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}