Installed Building Products Inc (IBP)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 973,300 | 956,400 | 941,694 | 933,269 | 919,891 | 902,386 | 881,569 | 865,803 | 827,784 | 766,711 | 701,318 | 636,495 | 589,519 | 568,125 | 543,888 | 519,141 | 509,974 | 495,084 | 481,524 | 461,642 |
| Revenue (ttm) | US$ in thousands | 2,941,300 | 2,911,800 | 2,857,665 | 2,812,165 | 2,778,574 | 2,744,363 | 2,757,012 | 2,741,661 | 2,669,844 | 2,517,078 | 2,307,727 | 2,119,076 | 1,968,650 | 1,876,396 | 1,787,119 | 1,692,960 | 1,653,225 | 1,612,987 | 1,588,950 | 1,566,825 |
| Gross profit margin | 33.09% | 32.85% | 32.95% | 33.19% | 33.11% | 32.88% | 31.98% | 31.58% | 31.00% | 30.46% | 30.39% | 30.04% | 29.95% | 30.28% | 30.43% | 30.66% | 30.85% | 30.69% | 30.30% | 29.46% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $973,300K ÷ $2,941,300K
= 33.09%
Installed Building Products Inc's gross profit margin has shown a fluctuating trend over the given time period. The margin started at 29.46% in March 2020, gradually increased to a peak of 33.19% by March 2024. There were periods of slight decreases, but overall, a positive trajectory is evident. This indicates the company's ability to efficiently manage its production costs and generate profits from its core business activities. The consistent improvement in gross profit margin reflects positively on the company's operational efficiency and potentially sustainable growth prospects.
Peer comparison
Dec 31, 2024