Installed Building Products (IBP) Gross Margin (2013 - 2026)
Installed Building Products (IBP) posted Gross Margin of 32.14% for Q1 2026, down 8.12% sequentially from 34.98% in Q4 2025, and down 52.0% YoY from 66.96% in Q1 2025.
Installed Building Products (IBP) Gross Margin (2013 - 2026) Analysis & Trends
Installed Building Products has reported Gross Margin for 14 years, with the latest figure at 32.14% in Q1 2026.
- Quarterly Gross Margin fell 52.0% year-over-year to 32.14% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 33.87% (up 33.0% YoY) and the FY2025 annual result came in at 33.97%, up 16.0% from the prior year.
- Gross Margin retreated to 32.14% in Q1 2026 per IBP's latest filing, from 34.98% in the prior quarter.
- Over five years, Gross Margin peaked at 34.98% in Q4 2025 and troughed at 29.35% in Q1 2022.
- A 5-year average of 32.99% and a median of 33.59% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin jumped 350 bps in 2023, then sank 118 bps in 2025.
- Over 5 years, Gross Margin stood at 31.67% in 2022, then climbed by 8 bps to 34.09% in 2023, then retreated by 2 bps to 33.56% in 2024, then increased by 4 bps to 34.98% in 2025, then retreated by 8 bps to 32.14% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 32.14%, 34.98%, and 33.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | 23.26% |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 26.57% |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | 96.82% |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 20.85% |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | 23.90% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 20.95% |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 33.29% |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 18.14% |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.29% |
| Mar 31, 2026 | 32.14% |
| Dec 31, 2025 | 34.98% |
| Sep 30, 2025 | 33.95% |
| Jun 30, 2025 | 34.18% |
| Mar 31, 2025 | 32.67% |
| Dec 31, 2024 | 33.56% |
| Sep 30, 2024 | 33.76% |
| Jun 30, 2024 | 34.08% |
| Mar 31, 2024 | 33.84% |
| Dec 31, 2023 | 34.09% |
| Sep 30, 2023 | 34.27% |
| Jun 30, 2023 | 33.59% |
| Mar 31, 2023 | 31.91% |
| Dec 31, 2022 | 31.67% |
| Sep 30, 2022 | 30.77% |
| Jun 30, 2022 | 32.02% |
| Mar 31, 2022 | 29.35% |
| Dec 31, 2021 | 29.28% |
| Sep 30, 2021 | 30.58% |