$IBP
Installed Building Products, Inc.
CIK:0001580905|SEC Filings
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 394.5 | $ 321.9 |
| Accounts receivable (less allowance for credit losses of $15.1 and $13.9 at June 30, 2026 and December 31, 2025, respectively) | 469.6 | 444.1 |
| Inventories | 223.5 | 203.0 |
| Prepaid expenses and other current assets | 68.2 | 73.6 |
| Total current assets | 1,155.8 | 1,042.6 |
| Property and equipment, net | 196.4 | 183.3 |
| Operating lease right-of-use assets | 117.3 | 98.7 |
| Goodwill | 469.8 | 450.4 |
| Intangibles, net | 268.2 | 261.5 |
| Other non-current assets | 43.7 | 31.5 |
| Total assets | 2,251.2 | 2,068.0 |
| Current liabilities | ||
| Current maturities of long-term debt | 34.7 | 36.6 |
| Current maturities of operating lease obligations | 42.0 | 37.0 |
| Current maturities of finance lease obligations | 4.3 | 2.7 |
| Accounts payable | 151.7 | 119.0 |
| Accrued compensation | 65.4 | 69.5 |
| Other current liabilities | 89.3 | 79.4 |
| Total current liabilities | 387.4 | 344.2 |
| Long-term debt | 1,027.5 | 850.0 |
| Operating lease obligations | 82.3 | 61.4 |
| Finance lease obligations | 6.4 | 4.0 |
| Deferred income taxes | 24.6 | 24.7 |
| Other long-term liabilities | 83.5 | 73.8 |
| Total liabilities | 1,611.7 | 1,358.1 |
| Commitments and contingencies (Note 16) | ||
| Stockholders’ equity | ||
| Preferred stock; $0.01 par value: 5,000,000 authorized and 0 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively | 0.0 | 0.0 |
| Common stock; $0.01 par value: 100,000,000 authorized, 33,941,274 and 33,837,379 issued and 26,579,168 and 26,975,227 shares outstanding at June 30, 2026 and December 31, 2025, respectively | 0.3 | 0.3 |
| Additional paid in capital | 297.8 | 284.1 |
| Retained earnings | 1,073.5 | 1,043.4 |
| Treasury stock; at cost: 7,362,106 and 6,862,152 shares at June 30, 2026 and December 31, 2025, respectively | (755.5) | (640.0) |
| Accumulated other comprehensive income | 23.4 | 22.1 |
| Total stockholders’ equity | 639.5 | 709.9 |
| Total liabilities and stockholders’ equity | 2,251.2 | 2,068.0 |
| Customer relationships | ||
| Current assets | ||
| Intangibles, net | 175.4 | 172.2 |
| Other intangibles, net | ||
| Current assets | ||
| Intangibles, net | $ 92.8 | $ 89.3 |