earnings
confidence high
sentiment positive
materiality 0.80
IBP Q4 revenue record $750.2M (+4.1%), EPS $2.39 (+4.4%); dividend raised 6%
Installed Building Products, Inc.
2024-FY EPS reported
$9.10
revenue$2,941,300,000
- Q4 2024 net revenue $750.2M record (+4.1% YoY); net income $66.9M (+3.1%); diluted EPS $2.39 (+4.4%).
- Adjusted diluted EPS $2.88; adjusted EBITDA $132.0M (+2.9%) with 17.6% margin.
- Full-year 2024 revenue record $2.9B (+5.9%); net income $256.6M (+5.3%); diluted EPS $9.10.
- Board declared regular dividend $0.37/share (+6% YoY) and variable dividend $1.70/share (+$0.10), payable March 31.
- New $500M share repurchase program through March 2026; completed nine acquisitions in 2024 with >$100M annual revenue.