Highest-materiality recent filing
IBP Q2 net income down 6% to $64.9M; adjusted EPS $2.91 vs $2.95; dividend raised 5%
Net revenue $777.8M (+2.3% YoY); installation revenue -0.7%, other revenue +50.4%.
Installed Building Products shareholders elect three directors, ratify auditor, approve say-on-pay
Directors elected for terms to 2029: Michael T. Miller (21.6M for), Marchelle E. Moore (20.3M for), Robert H. Schottenstein (21.1M for).
Acquired Diamond Energy Systems (St. Joseph, MN), a mechanical insulation firm adding ~$12M in annual revenue.
IBP Q1 revenue down 3.5% to $660.5M, adj. EPS $1.79; declares $0.39 dividend (+5%)
Net revenue $660.5M (-3.5% YoY); installation revenue $609.8M (-5.8%) driven by residential weakness.
IBP reports record Q4 net income $76.6M, EPS $2.83; raises dividends and authorizes $500M buyback
Net revenue down 0.4% to $747.5M; adjusted EBITDA up 7.7% to record $142.2M (19.0% margin).
Installed Building Products acquires Thermo-Tech, Biomax, CKV; adds >$22M revenue
Thermo-Tech (Feb 2, 2026): $13M annual revenue, mechanical insulation for commercial/industrial in WI, IA, MN, MI, IL.
IBP closes $500M 5.625% notes due 2034 and upsizes ABL facility to $375M, extends to 2031
Issued $500M aggregate principal of 5.625% senior notes due Feb 1, 2034; net proceeds ~$490M.
IBP prices $500M of 5.625% senior notes due 2034 to refinance 5.75% notes due 2028
$500M aggregate principal of 5.625% senior notes due 2034 priced on Jan 7, 2026, expected to close Jan 21, 2026.
IBP announces $500M senior notes offering to redeem $300M 5.75% notes due 2028
Launch of $500M senior unsecured notes due 2034 in private placement; proceeds to redeem all outstanding $300M 5.75% senior notes due 2028.
IBP to buy 150K shares from CEO's entity at $250.96 each (3% discount)
150,000 shares repurchased from PJAM IBP Holdings (Beneficially owned by CEO Jeff Edwards) for $37.6M.
Installed Building Products Q3: record revenue $778.2M, EPS $2.74, dividend raised 6%
Record Q3 revenue $778.2M, up 2.3% YoY; net income $74.4M (+8.5%); adjusted EPS $3.18.
IBP declares Q4 dividend of $0.37/share, up 6% YoY
Quarterly cash dividend of $0.37 per share, payable Dec 31, 2025 to holders of record Dec 15, 2025.
IBP acquires Echols Glass & Mirror and Vanderkoy Bros, adding >$16M annual revenue
Acquired Echols Glass & Mirror (Buford, GA) – wholesale glass design/fabrication and retail sales, serving Southeastern U.S. residential customers.
Installed Building Products publishes 2025 ESG report with CO2 reduction, scholarship milestones
Spray foam CO2 emissions decreased ~89% from 2020 baseline; industry phaseout of high-GHG materials expected by end of 2025.
IBP acquires Carolina Precision Fibers, adding over $20M in annual revenue
Acquired Carolina Precision Fibers ACP, LLC, a manufacturer of cellulose-based insulation, hydromulch, and composite materials.
Installed Building Products repurchases 200k shares from CEO's entity for $51.5M at 3% discount
Repurchased 200,000 shares at $257.38/share (3% discount to Aug 18 close of $265.34) for total $51.476 million.
IBP reports record Q2 revenue $760.3M; EPS $2.52 up 9.6%; dividend raised 6%
Net revenue record $760.3M (+3.1% YoY); installation revenue $715.6M (+2.6%).
Installed Building Products shareholders elect three directors, ratify auditor, approve say-on-pay
Jeffrey W. Edwards, Lawrence H. Hilsheimer, Janet E. Jackson elected with 22.7M, 17.9M, 22.4M votes for, respectively.
Installed Building Products Q1 2025 net revenue down 1.2% to $684.8M; diluted EPS $1.64
Net revenue $684.8M (down 1.2% YoY); net income $45.4M ($1.64 diluted EPS) vs $55.9M ($1.97) in prior year.
Installed Building Products repurchases 100,000 shares from CEO's family entity at $168.75 per share
Company buys 100,000 shares from PJAM IBP Holdings (Edwards family entity) for $16.875M.
IBP Q4 revenue record $750.2M (+4.1%), EPS $2.39 (+4.4%); dividend raised 6%
Q4 2024 net revenue $750.2M record (+4.1% YoY); net income $66.9M (+3.1%); diluted EPS $2.39 (+4.4%).
IBP acquires Capital Insulation adding over $12M annual revenue
Completed acquisition of Capital Insulation, LLC; adds over $12M of annual revenue.
IBP reprices $497.5M term loan to SOFR+1.75%; repurchases 250k shares for $52M in Nov
Repriced ~$497.5M term loan facility; interest rate reduced to SOFR + 1.75% from previous SOFR + 2.00%.
IBP publishes 2024 ESG report with 55% CO2 cut from spray foam, zero fatalities
CO2 emissions from spray foam decreased ~55% vs 2020 baseline despite 20% increase in spray foam volume.
IBP acquires Tatum Insulation III, adding $17M+ annual revenue in North Carolina
Acquisition of Tatum Insulation III, LLC, headquartered near Wilmington, NC, serving residential and commercial markets.
IBP reports record Q3 revenue $760.6M (+7.7% YoY), EPS $2.44; dividend raised 6%
Record net revenue $760.6M, up 7.7% YoY; net income $68.6M (+0.9%), diluted EPS $2.44.
Installed Building Products acquires Wholesale Insulation Supply for over $22M annual revenue
Adds over $22M in annual revenue from insulation distribution across Minnesota and upper Midwest.
IBP to repurchase 100,000 shares from CEO entity at $206.90/share, total $20.7M
Repurchases 100,000 shares from PJAM IBP Holdings, Inc., an entity beneficially owned by CEO Jeff Edwards.
IBP Q2 record revenue $737.6M, EPS $2.30; declares $0.35 dividend (6% increase)
Net revenue up 6.6% YoY to $737.6M; installation revenue up 7.0% to $697.3M.
IBP acquires Euroview Enterprises for ~$20M annual revenue; expands in Midwest
Acquisition of Euroview Enterprises, Contract Mirror and Supply Co., and CLM Solutions (collectively 'Euroview').
IBP acquires Thrice and Gutter Pro; repurchases $46M stock in June
Two acquisitions add combined annual revenue of ~$14 million.
Margot L. Carter, David R. Meuse, and Michael H. Thomas elected to three-year terms with >23.5M votes for each.
IBP Q1 record net income $55.9M, EPS $1.97; revenue +5.1% to $692.9M; dividend raised 6%
Net revenue $692.9M (+5.1% YoY); net income $55.9M (+13.4%); diluted EPS $1.97 (+13.2%) - all Q1 records.
IBP closes $500M new term loan refinancing with lower rate and extended maturity to 2031
New $500M term loan matures March 28, 2031; proceeds refinance prior $490M Term Loan B.
IBP plans to refinance $490M Term Loan B with new $500M 7-year loan due 2031
Existing $490M Term Loan B due 2028 to be refinanced with new $500M term loan due 2031.
IBP Q4 record revenue $720.7M, adj. EPS $2.72; dividend up 6%, $300M buyback authorized
Q4 net revenue $720.7M (+5.0% YoY); net income $64.9M ($2.29 diluted EPS).
IBP acquires Combee Insulation of Florida, adds ~$16.5M annual revenue
Combee installs fiberglass insulation, spray foam, and garage doors in Central Florida residential projects.
Installed Building Products amends bylaws to update universal proxy and advance notice provisions
Board adopted amended bylaws effective Nov 7, 2023, enhancing stockholder nomination disclosure requirements.
IBP posts record Q3 net income $68M ($2.40 EPS); adjusted EPS $2.79; declares $0.33 dividend
Net revenue $706.5M (-1.8% YoY); net income $68.0M (+11.5%); record net income margin 9.6%.
IBP COO Jay P. Elliott retiring Dec 31, 2023; Brad Wheeler named successor effective Jan 1, 2024
Jay P. Elliott to retire as COO effective Dec 31, 2023; will serve as advisor on business strategy post-retirement.
Installed Building Products publishes 2023 ESG report with emissions and community milestones
Reduced GHG emissions from spray foam installation by 30+% YoY in 2022.
IBP completes two tuck-in acquisitions totaling ~$8M annual revenue
Acquired Interior 2000 Products ($6M annual rev.) and R-Pro Select ($2M annual rev.).
IBP reprices $492.5M term loan; SOFR spread cut 25 bps to 2.00%
Repriced approx. $492.5M of existing term loans; new Tranche B-1 Term Loans at SOFR + 2.00% (25 bps reduction).
Installed Building Products Q2 revenue record $692.1M; EPS $2.18 vs $2.07 YoY
Net revenue $692.1M (+2.3% YoY); record net income $61.6M (+2.8%).
Installed Building Products elects Marchelle E. Moore to board; Verma retires
Marchelle E. Moore elected as independent director; Vikas Verma retired after six years.
IBP Q1 record revenue $659M (+12% YoY), EPS $1.74; declares Q2 dividend $0.33
Net revenue record $659.3M, up 12.2% YoY; net income $49.3M, +45.7%.
IBP acquires Anchor Insulation, adding ~$39M annual revenue
Anchor Insulation (Pawtucket, RI) provides residential, mechanical, and industrial insulation across the Northeast.
Q4 net revenue $686.5M (+28.6% YoY); net income $68.7M (+134%); adjusted EPS $2.43 (+71.1%).
Acquisition of ABS Insulating Company, Inc. and affiliates closed December 19, 2022.
IBP acquires Orr Industries; ~$10M annual revenue added
Acquired Orr Industries, LLC; founded 2012, based near Scranton, PA, serving PA and NY.
Jay P. Elliott has notified the Company of his decision to retire as Chief Operating Officer, effective December 31, 2023.
The Board of Directors of the Company has named Brad A. Wheeler, currently serving as Regional President of the Company, to replace Mr. Elliott as Chief Operating Officer, effective January 1, 2024.
Following the Annual Meeting and in connection with Ms. Moore's election at the Annual Meeting, as described in Item 5.07 below, the Board appointed Marchelle E. Moore to the Compensation and Human Capital Committee and the Nominating and Corporate Governance Committee, effective immediately.
On July 18, 2022, the Board of Directors (the “Board”) of Installed Building Products, Inc. (“IBP” or the “Company”) voted to (i) increase the size of the Board from eight to nine members and (ii) appoint Robert H. Schottenstein to fill the newly created vacancy.
Max materiality 0.85 · Median 0.55 · Most common event earnings