Installed Building Products, Inc.

Overview

Installed Building Products, Inc. (IBP) is a U.S. building-products installation-services company serving residential new construction, repair and remodeling, and commercial construction markets. Insulation is its principal offering; complementary installation services include waterproofing, fire-stopping and fireproofing, garage doors, gutters, blinds, shower doors, closet shelving and mirrors.[1]

IBP operates across the 48 continental states and the District of Columbia through more than 250 branch locations.[2] For fiscal 2025, it reported net revenue of approximately $2.97 billion; its website describes a workforce of more than 10,600 employees.[3][4] The company’s website emphasizes its people, values and commitment to exceptional service.[4] [1]+3

Products & services

Installed Building Products, Inc. installs insulation, shower doors, shelving and mirrors, garage doors, waterproofing systems, rain gutters, fireproofing and fire-stopping products, and window blinds. Insulation offerings include fiberglass batts and blankets, loosefill fiberglass, cellulose loosefill, and spray polyurethane foam. Fiberglass products typically average 50% recycled content, with some products up to 80%; cellulose is primarily made from waste paper and cardboard and contains at least 75% recycled content. Spray foam is mixed on-site with specialized equipment and is described as typically providing the highest insulating value per inch among the company’s insulation materials. The company also installs caulks and sealants for air-infiltration control.[5]+7

Other offerings include shower enclosures from standard sliding doors to custom designs, with options for size, style, framing, hardware, and glass; closet shelving in select markets; and standard or custom mirrors. Garage-door work includes installation and service of doors and openers made from steel, aluminum, wood, or vinyl. Waterproofing work includes sheet and hot-applied membranes, deck coatings, bentonite systems, and air- and vapor-protection systems, as well as caulking and moisture-protection work. Rain gutters are generally aluminum or copper and can be assembled on-site; fire-stopping includes fire-rated joint assemblies and perimeter fire containment.[13]+5

In 2025, insulation accounted for 58% of net revenue; shower doors, shelving and mirrors 7%; garage doors 6%; waterproofing 5%; rain gutters 4%; fireproofing and fire-stopping 4%; and window blinds 3%. Installation activities overall represented 93% of net revenue.[19]+7 For the six months ended June 30, 2026, insulation represented 56% of revenue and installation activities overall represented 92%.[20][20] [5]+23

Geographic presence

Installed Building Products, Inc. operates a branch network serving all 48 continental U.S. states and the District of Columbia. Its regional distribution operations serve the Midwest, Mountain West, Northeast and Mid-Atlantic.[21]+2

At December 31, 2025, the company reported leased office and warehouse space in 42 states. Its corporate office is in Columbus, Ohio, and it owns a cellulose manufacturing facility in Bucyrus, Ohio.[24][25] The filings reviewed do not disclose revenue by state or region, geographic revenue percentages, or employee distribution by geography.[23] [21]+4

Business segments

Installed Building Products reports three operating segments: Installation, Distribution, and Manufacturing. Installation is its sole reportable segment; Distribution and Manufacturing are combined as “Other” because they do not meet the thresholds for separate reporting. Installation provides insulation and complementary building-product installation services for residential new construction, repair and remodel, and commercial construction. Distribution sells insulation, gutters, and accessories primarily to installers. Manufacturing produces cellulose insulation, asphalt and industrial fibers, and tempered glass products.[26]+3

For FY2025, Installation contributed approximately 93% of consolidated revenue ($2,763.6 million of $2,970.8 million). Distribution and Manufacturing together contributed approximately 7% on a net external-revenue basis ($207.2 million after $51.4 million of intersegment eliminations). The company does not separately disclose revenue for Distribution and Manufacturing, so their individual contributions cannot be determined from the reported figures.[29]+5 [26]+13

Company history

Installed Building Products traces its operating origins to 1977, when founder Jeffrey W. Edwards began a small insulation business in Columbus, Ohio. The company began building a broader national platform through acquisitions in the late 1990s; it later reported completing more than 200 acquisitions since 1999.[36]+2

Installed Building Products, Inc. was incorporated in Delaware in 2011, separate from the earlier operating business. Edwards became CEO in 2004 and President in 2011, having served as Board Chair since 1999. The company went public in February 2014, with its shares beginning to trade on the New York Stock Exchange.[38]+2

The company continued expanding through acquisitions, including the 2021 purchase of AMD Distribution, which added a distribution platform to its business. Its FY2025 filing records further business combinations and bolt-on acquisitions in each of 2023, 2024 and 2025.[40][41] [36]+6

Sources

• Installed Building Products, Inc. — Full financial report (2026 Q 2)
  7 citations

  [1][2][20][21][26][27][28]
• Installed Building Products, Inc. — Full financial report (2025 Y)
  29 citations

  [3][5][6][7][8][9][10][11][12][13][14][15][16][17][18][19][22][23][24][25][29][30][31][32][33][34][35][36][41]
• installedbuildingproducts.com[4]
• investors.installedbuildingproducts.com[37]
• Installed Building Products, Inc. — Full financial report (2015 Y)[38][39]
• investors.installedbuildingproducts.com[40]