Installed Building Products Q3 revenue beats estimates on same branch sales growth

Installed Building Products

05/11/2026 12:56

Overview
U.S. insulation installer Q3 revenue rose 3.9%, beating analyst expectations
Adjusted EPS for Q3 declined year-over-year
Gross margin narrowed due to higher costs and segment mix

Outlook
Company declares Q4 cash dividend of $0.39 per share, up over 5% from last year
Company expects to acquire at least $100 mln in revenue in 2026
Company says affordability and consumer confidence remain headwinds for single-family construction

Result Drivers
MARKET SHARE GAINS - Co said same branch sales outperformed market trends due to market share gains and customer relationships
COMMERCIAL GROWTH - Commercial same branch sales rose 10.3% while residential same branch sales declined
COST INFLATION AND SEGMENT MIX - Co said higher fuel and aluminum costs and a greater mix of lower-margin segments reduced gross margin

Company press release: ID:nBw5sKHBja

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$808.40 mln
$787.27 mln (13 Analysts)
Q3 Net Income
 
$59.40 mln
 
Q3 Gross Profit
 
$257.40 mln
 
Q3 Operating Income
 
$91.70 mln
 
Q3 Pretax Profit
 
$81.20 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction & engineering peer group is "buy."
Wall Street's median 12-month price target for Installed Building Products, Inc. is $220.00, about 6.5% below its November 4 closing price of $235.42
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 21 three months ago

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Nov 4 - Martin Marietta Q3 revenue beats estimates but profit misses on inflationary pressure
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Nov 4 - Owens Corning misses Q3 profit estimates on weak residential markets, low storm activity

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)