Installed Building Products Q4 revenue slightly beats estimates; $500 mln stock buyback

Installed Building Products,

26/02/2026 12:46

Overview

Insulation installer Q4 revenue slightly beat analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company authorized $500 mln stock repurchase program

Outlook

Company expects to acquire at least $100 mln in annual revenue for 2026

Company anticipates homebuilding activity to remain challenging in near-term

IBP increases regular and variable dividends for 2026

Result Drivers

INSTALLATION REVENUE DECLINE - Installation revenue fell 2.2% to $679.7 mln, impacted by reduced job volumes, despite recent acquisitions

OTHER REVENUE GROWTH - Other revenue increased 22.8% to $67.8 mln, driven by manufacturing and distribution operations

ACQUISITION STRATEGY - IBP completed acquisitions adding $45 mln in annual revenue, supporting growth amid residential market headwinds

Company press release: ID:nBw9VzxwBa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$747.50 mln
$741.66 mln (13 Analysts)
Q4 Adjusted EPS
Beat
$3.24
$2.76 (13 Analysts)
Q4 Net Income
$76.60 mln
Q4 Gross Profit
$261.50 mln
Q4 Operating Income
$108.80 mln
Q4 Pretax Profit
$102 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 10 "hold" and 3 "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 $253.50, about 15.7% below its February 25 closing price of $300.74

The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 24 three months ago

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.)