Installed Building Products Management
Management criteria checks 4/4
Installed Building Products' CEO is Jeff Edwards, appointed in Jan 2004, has a tenure of 22.33 years. total yearly compensation is $7.10M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 13.12% of the company’s shares, worth $758.72M. The average tenure of the management team and the board of directors is 8.2 years and 12.3 years respectively.
Key information
Jeff Edwards
Chief executive officer
US$7.1m
Total compensation
| CEO salary percentage | 12.68% |
| CEO tenure | 22.3yrs |
| CEO ownership | 13.1% |
| Management average tenure | 8.2yrs |
| Board average tenure | 12.3yrs |
Recent management updates
Recent updates
Analysis Article • May 10
Installed Building Products, Inc. Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next
One of the biggest stories of last week was how Installed Building Products, Inc. ( NYSE:IBP ) shares plunged 25% in...
Narrative Update • May 08
IBP: Buybacks And Higher Cash Returns Will Support Future Upside Potential
Analysts have lifted their price target on Installed Building Products from $203 to $250, citing updated assumptions for slightly lower discount rates, revised revenue growth, profit margin expectations, and a higher future P/E multiple. What's in the News The board approved an annual variable cash dividend of $1.80 per share, which is $0.10 per share higher than the prior year’s variable dividend, payable on March 31, 2026, to stockholders of record on March 13, 2026 (company announcement).
Narrative Update • Apr 21
IBP: Future Returns Will Rely On Buybacks Dividends And Measured Expectations
Analysts now place their price target for Installed Building Products at about $289, down from roughly $304. This reflects updated assumptions for slightly higher discount rates, marginally softer revenue growth, a small uptick in profit margin, and a lower expected future P/E multiple.Seeking Alpha • Apr 07
Installed Building Products: Still Too Early To Call For A Recovery
Summary Installed Building Products (IBP) remains resilient, with commercial segment strength and favorable residential mix supporting margins amid industry headwinds. IBP’s core single-family business is still weak, with no clear signs of recovery; Q4 net revenue declined 0.4%, and residential same-branch sales fell 9.3%. Gross margin benefits from mix shift are likely temporary, with management guiding FY2026 gross margin to 32–34%, below the current 35%. I maintain a hold rating on IBP due to elevated 23x forward PE, muted ~5% adj. EPS growth, and lack of near-term demand recovery. Read the full article on Seeking Alpha
Narrative Update • Apr 07
IBP: Future Returns Will Reflect Buybacks Dividends And Higher P/E Assumptions
Analysts have nudged their price target for Installed Building Products up by about $6 to $355, reflecting updated assumptions around revenue growth, profit margins, the discount rate and the future P/E multiple. What's in the News The Board of Directors authorized a new share buyback plan on February 26, 2026.Narrative Update • Mar 23
IBP: Future Returns Will Rely On Share Repurchases And Dividend Discipline
Analysts have nudged their price target for Installed Building Products by about $1.50, citing small adjustments to fair value, discount rate, profit margin assumptions, and a slightly higher future P/E. What's in the News The Board of Directors authorized a new share buyback plan on February 26, 2026, signaling an intention to repurchase stock over time (company announcement).Narrative Update • Mar 09
IBP: Fair Outlook Will Rely On Acquisitions And Dividend Discipline
Analysts have lifted their price target on Installed Building Products from $245.54 to $302.33, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E, which they view as better reflecting the company's current outlook. What's in the News Installed Building Products plans to pursue acquisitions, with the CFO highlighting higher debt and cash balances and an estimated first quarter interest expense of about US$11 million as context for this approach (Key Developments).Narrative Update • Feb 23
IBP: Future Returns Will Reflect Higher P/E Assumptions And Steady Profitability
Analysts have adjusted their price target for Installed Building Products to about $349 from roughly $331, citing updated assumptions that combine a slightly higher discount rate and future P/E multiple with modest tweaks to expected revenue growth and profit margins. Valuation Changes Fair Value: updated to approximately $349.27 from about $330.88, reflecting a modest upward adjustment in the valuation estimate.Narrative Update • Feb 08
IBP: Future Returns Will Reflect Buybacks And Steady Profitability Outlook
Analysts have raised their price target on Installed Building Products from US$290.00 to about US$330.88, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E expectations. Valuation Changes Fair Value: Updated estimate increased from US$290.00 to about US$330.88, a change of roughly US$40.88.Narrative Update • Jan 25
IBP: Share Buybacks Will Sustain Overvaluation And Increase Downside Risk
Analysts have kept their fair value estimate for Installed Building Products steady at $203.00. The slight model tweaks around discount rate, revenue growth, profit margin and future P/E reflect fine tuning of assumptions rather than a shift in overall view.Narrative Update • Jan 11
IBP: Higher P/E And Share Buybacks Will Signal Rising Downside Risk
Narrative Update on Installed Building Products Analysts have lifted their price target on Installed Building Products from US$184 to US$203, pointing to updated assumptions for revenue growth, profit margins, and future P/E that reflect their latest view of the company’s risk profile and earnings potential. What's in the News The company completed the repurchase of 700,000 shares, representing 2.55% of shares, for a total of US$134.93 million under the buyback announced on February 27, 2025 (Key Developments).Analysis Article • Jan 01
Is Installed Building Products, Inc. (NYSE:IBP) Worth US$259 Based On Its Intrinsic Value?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Installed Building Products fair value estimate is US$197...Narrative Update • Dec 25
IBP: Future Returns Will Reflect Buybacks And Improved Profitability
Analysts have modestly revised their price target for Installed Building Products to 290 dollars per share, maintaining the prior level. Higher expected revenue growth and profit margins are offset by a slightly elevated discount rate and a lower assumed future price to earnings multiple.Narrative Update • Dec 11
IBP: Share Repurchases Will Likely Fail To Offset Downside Risk
Analysts have slightly reduced their price target on Installed Building Products, trimming fair value by about $3 to approximately $246. Modestly lower long term revenue growth assumptions more than offset a small improvement in projected profit margins and a marginally lower discount rate.Narrative Update • Nov 27
IBP: Share Repurchases And Earnings Outlook Will Influence Fair Value Ahead
Analysts have modestly increased their price target for Installed Building Products from $243.33 to $248.23. This reflects anticipated improvements in revenue growth and profit margins.Narrative Update • Nov 10
IBP: Share Repurchases And Mixed Forecasts Will Shape Fair Value
Analysts have raised their price target for Installed Building Products from $237.73 to $243.33. They cite improved revenue growth projections that outweigh a slight dip in expected profit margins and a higher discount rate.Analysis Article • Nov 08
Results: Installed Building Products, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Installed Building Products, Inc. ( NYSE:IBP ) just released its latest quarterly results and things are looking...Analysis Article • Sep 05
Installed Building Products, Inc.'s (NYSE:IBP) 25% Price Boost Is Out Of Tune With Earnings
Despite an already strong run, Installed Building Products, Inc. ( NYSE:IBP ) shares have been powering on, with a gain...Narrative Update • Aug 08
Declining Housing Starts And Robust Backlog Will Shape Industry Trends
Despite a decline in revenue growth forecasts, Installed Building Products’ consensus price target has risen sharply—reflecting higher expected valuation multiples as indicated by the increased future P/E. What's in the News Installed Building Products, Inc.Analysis Article • Jul 30
Is Now The Time To Look At Buying Installed Building Products, Inc. (NYSE:IBP)?
Installed Building Products, Inc. ( NYSE:IBP ), might not be a large cap stock, but it led the NYSE gainers with a...Analysis Article • Jul 03
What Installed Building Products, Inc.'s (NYSE:IBP) P/E Is Not Telling You
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 18x, you may...Analysis Article • Jun 18
Estimating The Fair Value Of Installed Building Products, Inc. (NYSE:IBP)
Key Insights The projected fair value for Installed Building Products is US$187 based on 2 Stage Free Cash Flow to...Seeking Alpha • Feb 28
Installed Building Products: Time To Keep Investors Warm
Summary Installed Building Products shares have pulled back 40% from early 2024 highs, making them appealing at a mid-teens earnings multiple amidst modest growth driven by M&A. The company has diversified beyond insulation, now generating 40% of sales from adjacent products, while maintaining a 30% market share in insulation. Despite solid long-term demand trends and above-average margins, concerns about rates, tariffs, and economic growth create near-term shadows over the shares. I'm gradually more attracted to the shares but prefer to start buying around the $150 mark for better insulation and protection. Read the full article on Seeking AlphaSeeking Alpha • Dec 26
Installed Building Products: Near-Term Demand Outlook Has Turned Negative
Summary I downgraded Installed Building Products to a sell due to the Fed's hawkish stance, which negatively impacts US housing demand and mortgage rates. Elevated mortgage rates reduce housing affordability and supply, leading to poor demand and no signs of growth inflection in housing permits. IBP faces gross margin headwinds from a higher mix of lower-margin products and persistent negative fiberglass price/cost spread. Despite recent valuation de-rating, further downside is expected due to poor earnings growth outlook and macroeconomic pressures. Read the full article on Seeking AlphaCEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$255m |
| Dec 31 2025 | US$7m | US$900k | US$265m |
| Sep 30 2025 | n/a | n/a | US$256m |
| Jun 30 2025 | n/a | n/a | US$250m |
| Mar 31 2025 | n/a | n/a | US$246m |
| Dec 31 2024 | US$6m | US$884k | US$257m |
| Sep 30 2024 | n/a | n/a | US$255m |
| Jun 30 2024 | n/a | n/a | US$254m |
| Mar 31 2024 | n/a | n/a | US$250m |
| Dec 31 2023 | US$6m | US$829k | US$244m |
| Sep 30 2023 | n/a | n/a | US$248m |
| Jun 30 2023 | n/a | n/a | US$241m |
| Mar 31 2023 | n/a | n/a | US$239m |
| Dec 31 2022 | US$5m | US$787k | US$223m |
| Sep 30 2022 | n/a | n/a | US$184m |
| Jun 30 2022 | n/a | n/a | US$158m |
| Mar 31 2022 | n/a | n/a | US$135m |
| Dec 31 2021 | US$4m | US$742k | US$119m |
| Sep 30 2021 | n/a | n/a | US$117m |
| Jun 30 2021 | n/a | n/a | US$110m |
| Mar 31 2021 | n/a | n/a | US$99m |
| Dec 31 2020 | US$4m | US$721k | US$97m |
| Sep 30 2020 | n/a | n/a | US$89m |
| Jun 30 2020 | n/a | n/a | US$82m |
| Mar 31 2020 | n/a | n/a | US$75m |
| Dec 31 2019 | US$3m | US$674k | US$68m |
Compensation vs Market: Jeff's total compensation ($USD7.10M) is about average for companies of similar size in the US market ($USD8.47M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Edwards (61 yo)
22.3yrs
Tenure
US$7,096,835
Compensation
Mr. Jeffrey W. Edwards, also known as Jeff, has been the Chairman and Director of Installed Building Products, Inc. since 1999 and has been its Chief Executive Officer 2004 and has been its President since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 22.3yrs | US$7.10m | 13.12% $ 758.7m | |
| CFO, Executive VP of Finance & Director | 12.8yrs | US$2.96m | 0.22% $ 12.9m | |
| Chief Operating Officer | 2.3yrs | US$2.66m | 0.056% $ 3.2m | |
| Chief Administrative & Sustainability Officer | 4.2yrs | US$1.98m | 0.064% $ 3.7m | |
| President of External Affairs | 12.4yrs | US$1.01m | 0.12% $ 6.9m | |
| Chief Accounting Officer & Treasurer | 12.1yrs | US$460.71k | 0.029% $ 1.7m | |
| Chief Information Officer | 4.3yrs | no data | no data | |
| Director of Investor Relations & Financial Planning | no data | no data | no data | |
| General Counsel & Secretary | 21.3yrs | no data | no data | |
| Vice President of Communications and Community Relations | 3yrs | no data | no data | |
| Executive Vice President of Business Strategy and Development | 2.3yrs | US$2.13m | no data | |
| Regional President | 19.6yrs | no data | no data |
8.2yrs
Average Tenure
61yo
Average Age
Experienced Management: IBP's management team is seasoned and experienced (8.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 27.3yrs | US$7.10m | 13.12% $ 758.7m | |
| CFO, Executive VP of Finance & Director | 22.2yrs | US$2.96m | 0.22% $ 12.9m | |
| Independent Non-Executive Director | 12.3yrs | US$237.50k | 0.11% $ 6.1m | |
| Presiding Independent Director | 12.3yrs | US$250.00k | 0.028% $ 1.6m | |
| Independent Director | 3.8yrs | US$210.00k | 0.012% $ 707.7k | |
| Independent Director | 6.2yrs | US$220.00k | 0.021% $ 1.2m | |
| Independent Director | 12.3yrs | US$215.70k | 0.031% $ 1.8m | |
| Independent Non Executive Director | 12.3yrs | US$235.00k | 0.020% $ 1.2m | |
| Independent Director | 3yrs | US$227.50k | 0.0086% $ 498.4k |
12.3yrs
Average Tenure
67yo
Average Age
Experienced Board: IBP's board of directors are seasoned and experienced ( 12.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/21 22:11 |
| End of Day Share Price | 2026/05/21 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Installed Building Products, Inc. is covered by 18 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Reuben Garner | Benchmark Company |
| Daniel Wang | Berenberg |
| Kurt Yinger | D.A. Davidson & Co. |