Every new house built in America has insulation inside its walls. Someone had to install it. That someone is almost certainly Installed Building Products. IBP is the largest installer of insulation in the US — not the manufacturer, but the installer. Every housing start generates revenue. Every energy code tightening increases demand. The product is invisible inside the wall. The installer is invisible on the job site. The business compounds with every hammer swung in America.
$3.0B
Net Revenue
58%
Insulation % of Revenue
1.36M
Total Housing Starts
-6.9%
Single-Family Starts
~10,400
Employees
~250
Branch Locations
$162.9M
Backlog
200+
Acquisitions Since 1999
+4%
Sales per Installer/Day
$711.9M
Goodwill & Intangibles
17%
Commercial Revenue Mix
5.5
OSHA Incident Rate
10-K · Feb. 26, 2026