Installed Building Products (IBP) Gross Margin (2013 - 2026)
Installed Building Products (IBP) reported Gross Margin of 32.14% for Q1 2026, down 52.0% year-over-year from 66.96% in Q1 2025, and down 8.12% quarter-over-quarter 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.
- Gross Margin for Q1 2026 came in at 32.14%, down 52.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 33.87% (up 33.0% YoY), and the FY2025 annual result was 33.97%, up 16.0% from the prior year.
- Gross Margin eased 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.
- A 5-year view of Gross Margin shows it stood at 31.67% in 2022, then advanced by 8 bps to 34.09% in 2023, then fell by 2 bps to 33.56% in 2024, then grew by 4 bps to 34.98% in 2025, then fell 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 22.54% |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 25.85% |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | 96.10% |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 69.49% |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 23.90% |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 20.95% |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 32.14% |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | -0.07% |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 23.39% |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn | 26.22% |
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% |