Installed Building Products Inc (IBP) is a construction and building materials company that installs insulation for home buildings. The company’s building products include rain gutters, shower doors, garage doors, closet shelving and mirrors for residential, fireplaces, window blinds, door locksets and bath hardware. Its insulation materials comprise spray foam insulation materials, fiberglass insulation materials, and cellulose insulation materials. IBP also provides the installation of insulation and sealant materials in the areas of structures including basement and crawl spaces, building envelopes, attics, and acoustical insulation. The company serves new and existing single-family residential, multifamily and commercial building projects through its national network of branch locations. IBP is headquartered in Columbus, Ohio, the US.
Headquarters
United States of America
Address
495 S High St Ste 50, Columbus, Ohio, 43215-5689
Website
installedbuildingproducts.com
Telephone
1 614 2213399
No of Employees
10,300
Industry
Construction
Ticker Symbol & Exchange
IBP (NYSE)
Revenue (2022)
$2.7B
35.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
88.1%
(2022 vs 2021)
Market Cap*
$6.4B
Net Profit Margin (2022)
XYZ
38.8%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Products | Services |
|---|---|
| Insulation Materials | Direct Purchase and Supply of Material |
| Fiberglass Insulation | Insulation Installation for Home Building Materials |
| Rain Gutters | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In December, the company acquired Combee Insulation Company, Inc., Combee Foam Products, Inc., and Air Tight Diagnostics, LLC. |
| 2023 | Acquisitions/Mergers/Takeovers | In August, the company announced the acquisition of Interior 2000 Products, LLC and R-Pro Select, LLC. |
| 2023 | Acquisitions/Mergers/Takeovers | In March, the company acquired Anchor Insulation Co., Inc. |
Competitor Comparison
| Key Parameters | Installed Building Products Inc | Owens Corning | TopBuild Corp | Century Communities Inc | Comstock Holding Companies Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Columbus | Toledo | Daytona Beach | Greenwood Village | Reston |
| State/Province | Ohio | Ohio | Florida | Colorado | Virginia |
| No. of Employees | 10,300 | 19,000 | 13,119 | 1,537 | 152 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jeffrey W. Edwards | President; Chairman; Chief Executive Officer | Executive Board | 1999 | 59 |
| Michael T. Miller | Executive Vice President; Chief Financial Officer; Director | Executive Board | 2013 | 58 |
| Vikas Verma | Director; President - Commercial Development | Executive Board | 2019 | 70 |
| Jay P. Elliott | Chief Operating Officer | Senior Management | 2013 | 61 |
| Todd R. Fry | Chief Accounting Officer | Senior Management | 2014 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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