IBP Q1 2024 Earnings — Installed Building Products, Inc. Revenue & Financial Results | Market Cap Arena

IBPInstalled Building Products, Inc.

$8B

Q1 2024 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$693M+5.1% YoY

Gross Profit

$235M33.8% margin

Operating Income

$88M12.7% margin

Net Income

$56M8.1% margin

EPS (Diluted)

$1.97

QoQ Revenue Growth

-3.9%

Cash Flow

Operating Cash Flow

$85M

Free Cash Flow

$63M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.3B

Stockholders' Equity

$679M

Cash & Equivalents

$400M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$693M	$659M	+5.1%
Gross Profit	$235M	$210M	+11.4%
Operating Income	$88M	$77M	+14.3%
Net Income	$56M	$49M	+13.4%

Revenue Segments

Product Installation

$656M49%

Insulation

$428M32%

Shower Doors Shelving And Mirrors

$49M4%

Garage Doors

$43M3%

Other Building Products

$41M3%

Product and Service, Other

$37M3%

Waterproofing

$31M2%

Rain Gutters

$27M2%

Fireproofing And Firestopping

$21M2%

Window Blinds

$17M1%