IBP Q2 2023 Earnings — Installed Building Products, Inc. Revenue & Financial Results | Market Cap Arena

IBPInstalled Building Products, Inc.

$8B

Q2 2023 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$692M+2.3% YoY

Gross Profit

$232M33.6% margin

Operating Income

$92M13.3% margin

Net Income

$62M8.9% margin

EPS (Diluted)

$2.18

QoQ Revenue Growth

+5.0%

Cash Flow

Operating Cash Flow

$64M

Free Cash Flow

$51M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.3B

Stockholders' Equity

$561M

Cash & Equivalents

$255M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$692M	$677M	+2.3%
Gross Profit	$232M	$217M	+7.3%
Operating Income	$92M	$92M	+0.3%
Net Income	$62M	$60M	+2.8%

Revenue Segments

Product Installation

$652M49%

Insulation

$417M31%

Shower Doors Shelving And Mirrors

$48M4%

Other Building Products

$48M4%

Garage Doors

$41M3%

Product and Service, Other

$40M3%

Waterproofing

$33M2%

Rain Gutters

$30M2%

Fireproofing And Firestopping

$20M1%

Window Blinds

$16M1%