NYSE$IBP
Installed Building Products Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Installed Building Products reported record first quarter results driven by strong market dynamics and strategic execution.
Installed Building Products reported a record first quarter in 2022, with net revenue increasing by 34.4% to $587.5 million. The company experienced strong growth across its residential new construction, repair and remodel, and commercial markets. Net income increased by 95.6% to $33.8 million, and adjusted net income per diluted share increased by 71.1% to $1.54.
- Net revenue increased 34.4% to a quarterly record $587.5 million.
- Installation revenue increased 30.0% to $561.6 million, driven by strong growth across IBP’s residential new construction, repair and remodel, and commercial markets.
- Net income increased 95.6% to $33.8 million.
- Adjusted net income per diluted share increased 71.1% to $1.54.
Headline financials
Revenue & EPS history
Installed Building Products · Revenue · Quarterly
$587M
Revenue by segment
Installed Building Products · $562M total across 3 segments · Q1 2022
- Residential new construction$442M—78.8%
- Commercial$86.6M—15.4%
- Repair and remodel$32.6M—5.8%
Forward guidance
Residential construction is expected to remain supportive of IBP's business in 2022 due to the substantial number of permitted new housing units that have yet to be started. The seasonal trends typically experienced throughout the year are expected to be more muted in 2022 given the strong industry backlog. Overall, 2022 is shaping up to be another year of profitable growth and value creation for IBP.
Tailwinds
- Residential construction is expected to remain supportive of our business in 2022.
- Seasonal trends we typically experience throughout the year to be more muted in 2022 given the strong industry backlog.
- 2022 is shaping up to be another year of profitable growth
- 2022 is shaping up to be another year of value creation for IBP
- IBP expects to acquire at least $100 million of revenue in 2022
Headwinds
- Ongoing supply chain constraints
- Ongoing supply chain disruptions
- Material purchases outside of typical supply chain channels
- COVID-19 pandemic
- Inflation and interest rates
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+0.4%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+2.2%
Avg return
30 days after
59%
29 / 49 earnings
Positive
+18.5%
Q1 2016
Best reaction
-28.0%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -28.0% | -32.4% | -34.6% | |
| Q4 2025 | +6.9% | +8.3% | -12.8% | |
| Q3 2025 | +2.8% | +8.2% | +12.7% | |
| Q1 2025 | -0.6% | +4.2% | +0.5% | |
| Q4 2024 | -1.1% | -3.4% | -0.8% | |
| Q3 2024 | -7.7% | -8.8% | -5.9% | |
| Q2 2024 | -14.3% | -17.1% | -17.8% | |
| Q1 2024 | +0.7% | -0.2% | -9.4% | |
| Q4 2023 | +15.6% | +17.5% | +27.4% | |
| Q3 2023 | -0.3% | +2.0% | +32.7% | |
| Q2 2023 | +1.0% | +5.5% | -1.6% | |
| Q1 2023 | -4.5% | -6.8% | -7.2% | |
| Q4 2022 | +10.7% | +12.0% | +4.6% | |
| Q3 2022 | +1.6% | -1.1% | +10.6% | |
| Q2 2022 | +1.1% | +0.2% | -8.6% | |
| Q1 2022 | +3.4% | +0.5% | +13.8% | |
| Q4 2021 | -3.0% | +4.7% | -9.6% | |
| Q3 2021 | +0.3% | -0.2% | -0.6% | |
| Q2 2021 | +3.6% | +4.8% | +3.8% | |
| Q1 2021 | -6.8% | -16.0% | -13.2% | |
| Q4 2020 | -12.8% | -6.4% | -7.9% | |
| Q3 2020 | -8.2% | -8.8% | -9.9% | |
| Q2 2020 | +1.3% | +2.2% | +4.9% | |
| Q1 2020 | +1.9% | -7.6% | +43.4% | |
| Q4 2019 | -5.2% | -5.7% | -36.5% | |
| Q3 2019 | +10.1% | +8.4% | +9.9% | |
| Q2 2019 | +3.5% | +5.4% | +2.7% | |
| Q1 2019 | +13.5% | +13.3% | +6.2% | |
| Q4 2018 | +3.2% | +1.7% | +6.7% | |
| Q3 2018 | +15.4% | +18.4% | +27.2% | |
| Q2 2018 | -6.4% | -0.9% | -14.0% | |
| Q1 2018 | +2.2% | +6.0% | +6.0% | |
| Q4 2017 | -18.3% | -15.8% | -11.7% | |
| Q3 2017 | -3.5% | -10.0% | +14.0% | |
| Q2 2017 | +7.2% | +9.3% | +6.1% | |
| Q1 2017 | -9.3% | -9.8% | -1.9% | |
| Q4 2016 | +14.8% | +21.1% | +27.0% | |
| Q3 2016 | +2.0% | +7.7% | +28.1% | |
| Q2 2016 | -10.4% | -10.0% | +0.3% | |
| Q1 2016 | +18.5% | — | — | |
| Q4 2015 | +5.0% | — | — | |
| Q3 2015 | -17.4% | — | — | |
| Q2 2015 | +6.1% | — | — | |
| Q1 2015 | -4.1% | — | — | |
| Q4 2014 | +5.1% | — | — | |
| Q3 2014 | +9.9% | — | — | |
| Q2 2014 | -0.5% | — | — | |
| Q1 2014 | +4.6% | — | — | |
| Q4 2013 | +9.8% | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — |
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