Installed Building Products (IBP) Gross Margin (2013 - 2026)
Installed Building Products (IBP) reported Gross Margin of 32.14% for Q1 2026, down 52.0% on a YoY basis from 66.96% in Q1 2025, and down 8.12% sequentially from 34.98% in Q4 2025.
Installed Building Products (IBP) Gross Margin (2013 - 2026) Analysis & Trends
Installed Building Products (IBP) has 14 years of Gross Margin data on file, last reported at 32.14% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 52.0% year-over-year to 32.14%; the trailing twelve-month figure through Mar 2026 stood at 33.87% (up 33.0% YoY), and the FY2025 full-year result was 33.97%, up 16.0% from the prior year.
- Gross Margin retreated to 32.14% in Q1 2026, from 34.98% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 34.98% in Q4 2025 to a low of 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.
- Across the five-year window, Gross Margin surged 350 bps in 2023 and tumbled 118 bps in 2025, its largest moves.
- Tracing IBP's Gross Margin over 5 years: stood at 31.67% in 2022, then rose by 8 bps to 34.09% in 2023, then dropped by 2 bps to 33.56% in 2024, then advanced by 4 bps to 34.98% in 2025, then dropped by 8 bps to 32.14% in 2026.
- Business Quant data shows IBP's Gross Margin at 32.14% in Q1 2026, 34.98% in Q4 2025, and 33.95% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 23.26% |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 98.48% |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 96.82% |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 69.49% |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 23.90% |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 20.95% |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 32.14% |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | 6.19% |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | 26.22% |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | 22.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 31.12% |