IBP Q1 2023 Earnings — Installed Building Products, Inc. Revenue & Financial Results | Market Cap Arena

IBPInstalled Building Products, Inc.

$8B

Q1 2023 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$659M+12.2% YoY

Gross Profit

$210M31.9% margin

Operating Income

$77M11.7% margin

Net Income

$49M7.5% margin

EPS (Diluted)

$1.74

QoQ Revenue Growth

-4.0%

Cash Flow

Operating Cash Flow

$74M

Free Cash Flow

$59M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.3B

Stockholders' Equity

$505M

Cash & Equivalents

$219M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$659M	$587M	+12.2%
Gross Profit	$210M	$172M	+22.0%
Operating Income	$77M	$57M	+34.9%
Net Income	$49M	$34M	+45.8%

Revenue Segments

Product Installation

$623M49%

Insulation

$394M31%

Other Building Products

$51M4%

Shower Doors Shelving And Mirrors

$46M4%

Garage Doors

$43M3%

Product and Service, Other

$37M3%

Waterproofing

$30M2%

Rain Gutters

$28M2%

Window Blinds

$16M1%

Fireproofing And Firestopping

$15M1%