Nov 5, 7:31 AM ET
Installed Building Products reported third quarter 2026 net revenue up 3.9% to a record $808.4 million, but net income fell to $59.4 million, or $2.24 per diluted share, from $74.4 million, or $2.74, a year earlier. The company also declared a quarterly dividend of $0.39 per share, which it said is an increase of more than 5% over the prior year period, so shareholders get higher payouts while profit per share declined.
- Net revenue rose 3.9% to $808.4 million; same branch revenue rose 0.6% on a consolidated basis.
- Net income was $59.4 million, or $2.24 per diluted share, versus $74.4 million, or $2.74, in the prior year quarter.
- Gross profit margin was 31.8% versus 34.0%; the company cited a higher mix of its Other segment and cost inflation in fuel and aluminum.
- Quarterly dividend of $0.39 per share is payable December 31, 2026, to holders of record on December 15, 2026.
Read the filing on SEC.gov ↗
Oct 27, 4:30 PM ET
Installed Building Products, Inc. (NYSE: IBP) closed a $250 million increase to its Tranche B-3 term loans on October 27, 2026, under Amendment No. 5 to its credit agreement with Royal Bank of Canada as administrative agent. After the funding, the company says total term loans outstanding are approximately $737.5 million, and the loans mature March 28, 2031. The filing says net proceeds are expected to fund general corporate purposes and associated fees.
- $250 million of incremental term loans, funded October 27, 2026, with terms identical to the existing Tranche B-3 Term Loans
- Approximately $737.5 million of term loans outstanding after funding, per the 8-K
- Interest at adjusted term SOFR plus 1.75% per annum or an alternative base rate plus 0.75%; maturity March 28, 2031
- Royal Bank of Canada served as term administrative agent; RBC Capital Markets was lead left arranger and bookrunner
Read the filing on SEC.gov ↗
Oct 19, 4:32 PM ET
Installed Building Products, Inc. said it intends to seek a $250 million increase to its existing Term Loan B facility, which is about $500 million. The company expects the add-on to carry the same terms as the existing loan, with net proceeds for general corporate purposes and associated fees, but says completion is subject to market conditions and is not assured. For shareholders, the filing signals additional borrowing, and the company has not yet disclosed completion or final terms.
- Seeks to increase the approximately $500 million Term Loan B by $250 million (Add-On)
- Net proceeds expected to fund general corporate purposes and associated fees
- Add-On expected to have the same terms as the existing Term Loan B; completion not assured
- Lender presentation to be posted to the investor relations section of the website on October 19, 2026
Read the filing on SEC.gov ↗
Aug 6, 7:31 AM ET
Installed Building Products reported second quarter 2026 net revenue up 2.3% to a record $777.8 million, while net income fell to $64.9 million ($2.43 per diluted share) from $69.0 million ($2.52) a year earlier. The company also declared a $0.39 quarterly dividend, more than 5% above the prior year's payment, and repurchased about 365 thousand shares for $76.2 million.
- Net revenue $777.8 million, up 2.3% from $760.3 million; same branch revenue down 0.6%
- Net income $64.9 million, or $2.43 per diluted share, versus $2.52 a year earlier; adjusted net income $77.8 million, or $2.91 per diluted share, versus $2.95
- Adjusted EBITDA $130.9 million, down 2.3% from $134.0 million; gross margin 33.3% versus 34.2%
- Quarterly dividend of $0.39 per share payable September 30, 2026 to holders of record on September 15, 2026
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.