Installed Building Products, In
IBP
Jodie read · what matters now
Operating cash flow covered net income at 2.94x, improving versus the comparable period.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to IBP, and whether its market group begins moving.
Latest filing assessment · baseline
The latest filing shows material pressure
10-Q filed 2026-05-07 against the comparable filing from 2025-05-08.
What improved
- Operating cash flow covered net income at 2.94x, improving versus the comparable period.
What weakened
- Revenue decreased 3.5% versus the comparable filing period.
- Operating margin fell 1.5 percentage points.
- Net income decreased 23.3% versus the comparable filing period.
Filing receipts
“During the three months ended March 31, 2026, gross profit as a percentage of net revenue decreased as compared to the same period in 2025, primarily due to higher labor costs and other indirect costs from shifts in product and end market mix, increased vehicle costs, including depreciation expense and auto insurance, and increased freight and shipping costs from higher Manufacturing and Distribution activity.”
“Net cash provided by operating activities increased from 2025 to 2026 primarily due to higher non-cash adjustments, a decrease in other current assets and lower accounts receivable due to lower job volume partially offset by a decrease in accrued compensation and an increase in other non-current assets.”
“Administrative expenses increased as a percentage of net revenue for the three months ended March 31, 2026 compared to 2025 primarily due to inflationary pressures on insurance costs, partially offset by organizational optimization cost savings and lower transaction fees.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind IBP
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
Depended on by
Filing peers
Companies whose filings use similar operating language.
You can see the shape of the network here. Pro opens 3 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
IBP is currently a Participant in the organic co-movement group Residential Construction & Building Products. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Theme membership history
No durable theme membership has been observed for this name yet.