IBP Q2 2024 Earnings — Installed Building Products, Inc. Revenue & Financial Results | Market Cap Arena

IBPInstalled Building Products, Inc.

$8B

Q2 2024 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$738M+6.6% YoY

Gross Profit

$251M34.1% margin

Operating Income

$95M12.9% margin

Net Income

$65M8.8% margin

EPS (Diluted)

$2.30

QoQ Revenue Growth

+6.5%

Cash Flow

Operating Cash Flow

$79M

Free Cash Flow

$58M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.3B

Stockholders' Equity

$685M

Cash & Equivalents

$380M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$738M	$692M	+6.6%
Gross Profit	$251M	$232M	+8.1%
Operating Income	$95M	$92M	+2.7%
Net Income	$65M	$62M	+5.8%

Revenue Segments

Product Installation

$697M49%

Insulation

$448M31%

Shower Doors Shelving And Mirrors

$53M4%

Other Building Products

$44M3%

Garage Doors

$43M3%

Product and Service, Other

$40M3%

Waterproofing

$35M2%

Rain Gutters

$32M2%

Fireproofing And Firestopping

$22M2%

Window Blinds

$20M1%