---
schema_version: "secwatch.filing_event.v1"
accession: "0001580905-24-000017"
form_type: "8-K"
ticker: "IBP"
cik: "0001580905"
company_name: "Installed Building Products, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:58:32.575407+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IBP Q1 record net income $55.9M, EPS $1.97; revenue +5.1% to $692.9M; dividend raised 6%

## Summary
- Net revenue $692.9M (+5.1% YoY); net income $55.9M (+13.4%); diluted EPS $1.97 (+13.2%) - all Q1 records.
- Adjusted EPS $2.47 (+14.9%); adjusted EBITDA $117.3M (+11.6%); margin expanded to 16.9% from 15.9%.
- Declared Q2 regular cash dividend $0.35/share (+6% YoY), payable June 30, 2024 to holders of record June 15.
- Two acquisitions: First State Building Products (Mar 2024, ~$5M annual rev) and Trade Partners (Apr 2024, >$6M annual rev).
- Repriced Term Loan B, extended maturity to 2031; cash $399.9M; single-family same-branch sales +1.5%, multi-family +13.0%.

## SEC filing metadata
- accession: 0001580905-24-000017
- form_type: 8-K
- ticker: IBP
- cik: 0001580905
- company_name: Installed Building Products, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580905/000158090524000017/0001580905-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580905/000158090524000017/ibp-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580905-24-000017
- JSON: https://secwatch.observer/filing/0001580905-24-000017.json
- Plain text: https://secwatch.observer/filing/0001580905-24-000017.txt

## Key facts
- Earnings Releases
  Installed Building Products, Inc. reported the first quarter ended March 31, 2024 results: revenue $692.9 million, net income $55.9 million, EPS $1.97 per diluted share.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $692.9 million
  - Net income: $55.9 million
  - EPS: $1.97 per diluted share
  - Result: reported results
  source text: For the first quarter of 2024, net revenue was $692.9 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580905/000158090524000017/0001580905-24-000017-index.htm

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