Installed Building Products Inc (IBP)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 33.88% | 33.39% | 32.40% | 32.01% | 31.51% | 30.91% | 30.93% | 30.57% | 30.47% | 30.77% | 30.95% | 31.22% | 31.42% | 31.13% | 30.76% | 29.87% | 29.15% | 28.64% | 28.06% | 28.01% |
| Operating profit margin | 13.44% | 13.84% | 13.44% | 13.51% | 13.15% | 11.76% | 11.12% | 10.27% | 9.71% | 9.97% | 9.97% | 9.86% | 9.97% | 9.55% | 9.18% | 8.55% | 8.12% | 7.83% | 7.28% | 7.23% |
| Pretax margin | 12.13% | 12.42% | 11.98% | 12.00% | 11.54% | 10.05% | 9.41% | 8.56% | 8.04% | 8.34% | 8.23% | 7.99% | 8.08% | 7.58% | 7.12% | 6.61% | 6.21% | 6.04% | 5.67% | 5.57% |
| Net profit margin | 8.87% | 9.16% | 8.84% | 8.83% | 8.50% | 7.42% | 6.97% | 6.50% | 6.14% | 6.35% | 6.28% | 5.93% | 5.99% | 5.57% | 5.22% | 4.87% | 4.57% | 4.53% | 4.27% | 4.20% |
Installed Building Products Inc has shown consistent improvement in its profitability margins over the quarters. The gross profit margin has been gradually increasing, from 30.46% in Q3 2022 to 33.50% in Q4 2023, indicating effective management of production costs and pricing strategies.
The operating profit margin has also demonstrated a positive trend, rising from 10.09% in Q1 2022 to 13.28% in Q4 2023. This suggests that the company has been able to control its operating expenses while increasing operational efficiency.
Similarly, the pretax margin and net profit margin have shown steady growth, reflecting the company's ability to generate higher profits after considering all expenses and taxes. The net profit margin has seen the most significant improvement, increasing from 6.38% in Q1 2022 to 8.77% in Q4 2023.
Overall, the increasing trend in all profitability ratios indicates Installed Building Products Inc's strong financial performance and efficiency in managing its operations.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 18.63% | 19.47% | 19.91% | 20.53% | 19.42% | 16.54% | 14.82% | 12.93% | 11.36% | 13.87% | 13.76% | 13.29% | 13.63% | 13.03% | 12.71% | 12.16% | 11.02% | 10.63% | 11.12% | 11.21% |
| Return on assets (ROA) | 12.30% | 12.89% | 13.10% | 13.42% | 12.56% | 10.44% | 9.28% | 8.19% | 7.18% | 8.83% | 8.67% | 7.99% | 8.19% | 7.60% | 7.23% | 6.93% | 6.20% | 6.15% | 6.52% | 6.52% |
| Return on total capital | 24.58% | 25.64% | 26.29% | 27.34% | 26.05% | 22.63% | 20.51% | 17.55% | 15.08% | 19.72% | 19.31% | 18.46% | 18.75% | 17.85% | 17.53% | 16.66% | 15.18% | 14.61% | 15.90% | 15.76% |
| Return on equity (ROE) | 36.36% | 39.41% | 42.91% | 47.28% | 45.27% | 40.23% | 39.44% | 34.67% | 28.49% | 29.85% | 30.46% | 28.94% | 30.47% | 29.13% | 29.97% | 30.64% | 27.26% | 28.76% | 29.02% | 30.00% |
Installed Building Products Inc has demonstrated consistent profitability over the past eight quarters based on the profitability ratios analyzed.
- Operating return on assets (Operating ROA) has shown a positive trend, improving from 12.93% in Q1 2022 to 19.62% in Q1 2023, indicating effective utilization of assets to generate operating profits.
- Return on assets (ROA) has also been on an upward trajectory, increasing from 8.19% in Q1 2022 to 13.42% in Q1 2023, reflecting the company's ability to generate profits relative to total assets.
- Return on total capital has shown a similar positive trend, improving from 17.02% in Q1 2022 to 25.38% in Q1 2023, indicating strong returns on the capital invested in the business.
- Return on equity (ROE) has demonstrated significant growth, rising from 34.67% in Q1 2022 to 47.28% in Q1 2023, reflecting the company's ability to generate profits for its shareholders.
Overall, the profitability ratios suggest that Installed Building Products Inc has been efficiently utilizing its assets and capital to generate profits and create value for its shareholders over the analyzed period.