Sector: Industrials | Industry: Construction & Engineering |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 495 S High St Ste 50 COLUMBUS OH 43215-5689 |
Tel: | N/A |
Website: | https://installedbuildingproducts.com |
IR: | See website |
Key People | ||
Jeffrey W. Edwards Chairman of the Board, President, Chief Executive Officer | Michael T. Miller Chief Financial Officer, Executive Vice President, Director | W. Jeffrey Hire President - External Affairs |
Brad A. Wheeler Chief Operating Officer | Todd R. Fry Chief Accounting Officer, Treasurer | Jason R. Niswonger Chief Administrative and Sustainability Officer |
Business Overview |
Installed Building Products, Inc. is a residential insulation installer and a diversified installer of complementary building products, including waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors and other products for residential and commercial builders located in the continental United States. The Company has three segments. Installation segment is engaged in the installation of various products in the residential new construction, repair and remodel and commercial construction end markets from its national network of branch locations. Distribution segment sells insulation, gutters and accessories primarily to installers of these products who operate in multiple end markets. Manufacturing segment consists of its cellulose insulation manufacturing operations. It offers a portfolio of services from a national network of 250 branch locations serving all 48 continental states and the District of Columbia. |
Financial Overview |
For the fiscal year ended 31 December 2023, Installed Building Products Inc revenues increased 4% to $2.78B. Net income increased 9% to $243.7M. Revenues reflect Installation segment increase of 4% to $2.61B, Other segment increase of 12% to $182M. Net income benefited from Interest expense, net - Balancing value decrease of 12% to $34.5M (expense), Other (income) expense increase from $530K (expense) to $1M (income). |
Employees: | 10,600 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $7,734M as of Dec 31, 2023 |
Annual revenue (TTM): | $2,779M as of Dec 31, 2023 |
EBITDA (TTM): | $467.70M as of Dec 31, 2023 |
Net annual income (TTM): | $243.70M as of Dec 31, 2023 |
Free cash flow (TTM): | $215.50M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $490.10M as of Dec 31, 2023 |
Shares outstanding: | 28,366,140 as of Feb 15, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |