Installed Building Products Reports Second Quarter 2026 Results; Declares Regular Quarterly Cash Dividend
Installed Building Products reported second quarter revenue of $777.8 million, up 2.3% year-over-year, driven by acquisitions and a 10.4% increase in commercial same-branch sales. However, organic performance lagged with consolidated same-branch sales down 0.6% and residential same-branch sales falling 6.1%, leading to a decline in Adjusted EBITDA margin to 16.9%. The company returned significant capital to shareholders, repurchasing roughly 365,000 shares for $76.2 million and declaring a quarterly dividend of $0.39 per share, representing a more than 5% increase from the prior year.
Key figures
- Eps
- 2.43
- Revenue
- $777.8 million
- Revenue Yoy
- 2.3%
- Net income
- $64.9 million
- Adjusted eps
- 2.91
- Gross profit
- $258.9 million
- Adjusted ebitda
- $130.9 million
- Operating income
- $94.6 million
- Dividend per share
- $0.39
- Shares repurchased
- 365000
- Share repurchase cost
- $76.2 million
- Adjusted ebitda margin
- 16.9%
AI analysis
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