---
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"
generated_at: "2026-06-05T19:20:53.311017+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# IBP Q4 record revenue $720.7M, adj. EPS $2.72; dividend up 6%, $300M buyback authorized

## Summary
- 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.

## SEC filing metadata
- 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
- 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/1580905/000158090524000006/0001580905-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580905/000158090524000006/ibp-20240222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580905-24-000006
- JSON: https://secwatch.observer/filing/0001580905-24-000006.json
- Plain text: https://secwatch.observer/filing/0001580905-24-000006.txt

## Key facts
- Earnings Releases
  Installed Building Products, Inc. reported financial results for the twelve months ended December 31, 2023.
  - Period: the twelve months ended December 31, 2023
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1580905/000158090524000006/0001580905-24-000006-index.htm
- Earnings Releases
  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.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $720.7 million
  - Net income: $64.9 million
  - EPS: $2.29 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1580905/000158090524000006/0001580905-24-000006-index.htm

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