earnings
confidence high
sentiment negative
materiality 0.75
IBP Q1 revenue down 3.5% to $660.5M, adj. EPS $1.79; declares $0.39 dividend (+5%)
Installed Building Products, Inc.
2026-Q1 EPS reported
$1.29
revenue$660,500,000
- Net revenue $660.5M (-3.5% YoY); installation revenue $609.8M (-5.8%) driven by residential weakness.
- Adjusted net income $48.4M ($1.79/diluted) vs $57.6M ($2.08) prior year; adjusted EBITDA $92.1M (-10.1%).
- Board declared Q2 cash dividend of $0.39/share (over 5% increase YoY), payable June 30 to holders of record June 15.
- Completed four acquisitions adding ~$28M annual revenue; repurchased 91k shares for $25.4M.
- Ryan Ricketts appointed Director of IR and Financial Planning, succeeding Darren Hicks.