INSTALLED BUILDING PRODUCTS 1Q 2023 Reported May 4, 2023 DISCLAIMER 2 We believe the Adjusted EBITDA measure is useful to investors and us as a measure of comparative operating performance from period to period as it measures our changes in pricing decisions, cost controls and other factors that impact operating performance, and removes the effect of our capital structure (primarily interest expense), asset base (primarily depreciation and amortization), items outside our control (primarily income taxes) an ...

Financial Data and Key Metrics Changes - Consolidated net revenue increased to a first quarter record of $659 million, compared to $587 million for the same period last year, reflecting a 12% year-over-year improvement [41] - Adjusted gross profit margin improved 250 basis points year-over-year to 31.9% in the first quarter, benefiting from strong price mix growth [10] - Adjusted EBITDA for the first quarter improved 25% to $105 million, with adjusted EBITDA as a percent of net revenue at 15.9%, a 160 basis point improvement from the same period last year [22] Business Line Data and Key Metrics Changes - In the installation segment, same-branch sales increased 4% in residential, with a 38% increase in multifamily same-branch revenue offsetting a 3% decline in single-family same-branch sales [6] - Same-branch installation sales in the commercial business increased 22%, driven by light commercial project strength [18] - Other revenue, including manufacturing and distribution operations, increased from $26 million to $37 million, driven by organic growth and acquisitions [21] Market Data and Key Metrics Changes - Total U.S. residential completions increased 12% during the first quarter, driven by significant year-over-year growth in multifamily completions [6] - The backlog of the multifamily business extends beyond one year, indicating strong future demand [8] Company Strategy and Development Direction - The company continues to prioritize profitability over job volume, aligning with builders who value local market knowledge and job efficiency [7] - The strategy includes focusing on profitable work and maintaining a strong balance sheet to support ongoing acquisitions and shareholder returns [20][44] Management Comments on Operating Environment and Future Outlook - Management expressed optimism about the housing market returning to normal seasonality, supported by strong employment trends and low existing home inventory levels [130] - The company anticipates that the softness in single-family housing will be more concentrated in the second quarter, with recovery expected in the back half of the year [91] Other Important Information - The company completed three acquisitions in the first quarter, contributing to revenue growth and expanding market presence [19] - The effective tax rate for the first quarter was approximately 26.8%, with expectations of 25% to 27% for the full year [22] Q&A Session Summary Question: How should we think about your ability to sustain gross margin improvements amid inflation? - Management noted that the inflationary environment has normalized, and they are focused on maintaining price over volume, which has positively impacted gross margins [25] Question: What are you hearing from private builder customers compared to larger public builders? - Management indicated that regional and local builders have shown higher growth rates, but they expect public builders to gain strength in the latter half of the year due to their strong financial positions [27] Question: Can you quantify the price mix impact? - Management explained that multifamily and light commercial projects contribute positively to the price mix due to higher average job prices, but they do not disclose specific breakdowns [51] Question: How do you view the impact of tighter lending conditions on commercial customers? - Management stated that they have not seen significant delays or cancellations in their backlog, indicating stability in the commercial sector for now [72] Question: What is the outlook for the multifamily backlog? - Management confirmed that the multifamily backlog extends beyond a year, but they are monitoring for potential headwinds in 2024 [60] Question: How do you evaluate the trade-off between price and volume in the current environment? - Management reiterated their commitment to valuing price over volume and noted that they are encouraged by the current market dynamics and backlog trends [53]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From _________ To ________ Commission File Number: 001-36307 Installed Building Products, Inc. (Exact name of registrant as specified in its charter) Delaware 45-3707650 (Sta ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From To Commission File Number: 001-36307 ___________________________ Installed Building Products, Inc. Securities registered pursuant to Section 12(b) ...

Installed Building Products, Inc. (NYSE:IBP) Q4 2022 Earnings Conference Call February 22, 2023 10:00 AM ET Company Participants Darren Hicks - Managing Director of Investor Relations Jeffrey Edwards - Chairman and CEO Michael Miller - CFO Jason Niswonger - Chief Administrative and Sustainability Officer Conference Call Participants Stephen Kim - Evercore Michael Rehaut - JPMorgan Susan Maklari - Goldman Sachs Mike Dahl - RBC Capital Markets Adam Baumgarten - Zelman and Associates Jeffrey Stevenson - Loop C ...

| --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------|-------|-------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | Reported February 22, 2023 INSTALLED BUILDING PRODUCTS | | Fiscal 2022 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Forward-looking statements are based on management' s current expectations and involve risks and uncertainties that could cause actual results, performance or achievements to d ...

Installed Building Products, Inc. (NYSE:IBP) Q3 2022 Earnings Conference Call November 3, 2022 10:00 AM ET Company Participants Darren Hicks - Managing Director of Investor Relations Jeffrey Edwards - Chairman and CEO Michael Miller - CFO Conference Call Participants Stephen Kim - Evercore Douglas Wardlaw - JPMorgan Susan Maklari - Goldman Sachs Adam Baumgarten - Zelman Jeffrey Stevenson - Loop Capital Keith Hughes - Truist Collin Verron - Jefferies Ryan Frank - RBC Capital Kenneth Zener - KeyBanc Operator ...

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From _________ To ________ Commission File Number: 001-36307 Installed Building Products, Inc. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR (Exact name of registrant as specified in its charter) Delaware 45-3707650 ...

Installed Building Products, Inc. (NYSE:IBP) Q2 2022 Earnings Conference Call August 4, 2022 10:00 AM ET Company Participants Darren Hicks - Managing Director of Investor Relations Jeff Edwards - Chairman & Chief Executive Officer Michael Miller - Chief Financial Officer Jason Niswonger - Chief Administrative & Sustainability Officer Conference Call Participants Trey Morrish - Evercore Susan Maklari - Goldman Sachs Ryan Frank - RBC Capital Markets Doug Wardlaw - JPMorgan Ryan Gilbert - BTIG Operator Greetin ...

Strategy Overview - IBP's growth strategy focuses on capitalizing on new residential and commercial construction markets in the Installation segment [8] - IBP aims to outpace market completions with organic revenue growth [10] - Acquisitions are a primary use of capital, contributing to profitability in year one [13] - IBP has a national platform of over 210 locations serving all 48 continental states and the District of Columbia [17] - IBP's long-term strategy involves pursuing value-enhancing strategic acquisitions to expand scale, product diversification, and market presence [19] Financial Performance - IBP's revenue CAGR from 2014 to LTM 6/30/2022 was 205%, reaching $2308 million [44, 45] - Consolidated sales growth for the three months ended June 30, 2022, was 387% [47] - Same branch consolidated sales growth for the three months ended June 30, 2022, was 273% [47] - Adjusted EBITDA for LTM 6/30/2022 was $357 million, representing 155% of net revenue [50] ESG Highlights - IBP is committed to reducing its environmental impact, including a 50% reduction in carbon-producing electricity usage by 2030 [34]