Description

Installed Building Products: How Strategic Acquisitions & Product Cross-Selling Are Strengthening Its Installation Platform!

Installed Building Products delivered record profitability in 2025 despite operating in a mixed demand environment shaped by weakness in portions of the residential housing market and stronger activity in commercial construction. Consolidated revenue for the fourth quarter was roughly flat year over year at approximately $748 million, while the company reported record adjusted EBITDA of $142 million and an adjusted EBITDA margin of 19%. Adjusted gross margin expanded to 35% from 33.6% in the prior year period, supported by favorable customer and geographic mix, disciplined cost management, and strong performance in certain commercial installation activities. Same-branch sales in the Installation segment declined 2% during the quarter, reflecting a 9% decline in new residential same-branch sales that was largely offset by a 23% increase in commercial same-branch sales.