earnings
confidence high
sentiment negative
materiality 0.70
IBP Q2 net income down 6% to $64.9M; adjusted EPS $2.91 vs $2.95; dividend raised 5%
Installed Building Products, Inc.
- Net revenue $777.8M (+2.3% YoY); installation revenue -0.7%, other revenue +50.4%.
- Net income $64.9M ($2.43 diluted EPS) vs $69.0M ($2.52) prior year; adjusted net income $77.8M ($2.91) vs $80.8M ($2.95).
- Adjusted EBITDA $130.9M (16.9% margin) vs $134.0M (17.6%) prior year.
- Board declared $0.39 quarterly dividend (+5% YoY), payable Sept 30, 2026 to holders of record Sept 15.
- Completed three acquisitions adding ~$30M annual revenue; YTD acquired ~$59M, targeting at least $100M in 2026.