Installed Building Products (IBP) Stock Analysis & Winston Score
Installed Building Products installs insulation in new homes and buildings across the United States. Its main customers are homebuilders — the companies that construct new houses. Beyond insulation, it also installs gutters, garage doors, shower glass, and other finishing products. It is one of the largest installers of insulation in the country. The company makes money by charging builders for both the materials and the labor to install them. It operates through hundreds of branch locations spread across most U.S. states, giving it broad geographic reach that smaller local competitors struggle to match. Revenue is closely tied to how many new homes are being built, so rising interest rates that slow housing construction are the main risk the business faces.
Winston Score: 43/100 — Average
Mixed quality — meaningful strengths and weaknesses.
- Quality: Mixed (9/30)
- Growth: Good (10/20)
- Cash Flow: Weak (1/10)
- Stability: Good (6/10)
- Valuation: Good (5/10)
- Ownership: Good (10/15)


