On November 8 2023, INSTALLED BUILDING PRODUCTS ($NYSE:IBP) announced their earnings results for the third quarter of FY2023, with a revenue of USD 706.5 million, a 1.8% decrease from the same quarter of the previous year. Net income for this period was USD 68.0 million, an 11.5% increase from the same quarter of the previous year.
GoodWhale has conducted an analysis of INSTALLED BUILDING PRODUCTS’s financials and found that the company has a high health score of 9/10 with regard to its cashflows and debt. This suggests that the company is capable of weathering any economic crisis without the risk of bankruptcy. According to the Star Chart, we have classified INSTALLED BUILDING PRODUCTS as a ‘gorilla’, a type of company which has achieved sustained and high revenue or earnings growth due to its strong competitive advantage. Investors interested in such companies are likely to be seeking growth, profitability, and medium-term asset value. Additionally, INSTALLED BUILDING PRODUCTS also provides investors with dividends, which further enhances the company’s attractiveness to potential investors. In light of all these factors, it is clear that INSTALLED BUILDING PRODUCTS is an ideal choice for investors seeking a safe and profitable investment. More…
Star Chart Analysis
About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for IBP. More…
Income Statement Reports (Yearly/ Quarterly/ LTM)
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for IBP. More…
Cash Flow Statement (Yearly/ Quarterly/ LTM)
Cash Flow Supplement
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for IBP. More…
Balance Sheet (Yearly/ Quarterly)
Balance Sheet Supplement
||Book Value Per Share
Key Ratios Snapshot
Some of the financial key ratios for IBP are shown below. More…
Income Statement Ratios
Balance Sheet Ratios
Cash Flow Ratios
Other Supplementary Items
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Installed Building Products reported their earnings results for the third quarter of FY2023 on November 8th 2023, which showed a total revenue of USD 706.5 million, a decrease of 1.8% compared to the same period of the previous year. Net income was USD 68.0 million, showing an increase of 11.5% compared to the same period of the previous year. This indicates that investors in Installed Building Products may find good opportunities for growth in the long-term.
The company’s revenue and net income continue to remain competitive, despite the short-term decrease in revenue. This could be a sign of strong financial health and stability for investors, who may consider placing their money in this company.