Installed Building Products, Inc. (IBP)

IBP Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	406.2	386.5	229.6	333.49	231.52	177.89
Short-Term Investments	-	-	-	-	-	37.96
Cash & Short-Term Investments	406.2	386.5	229.6	333.49	231.52	215.85
Cash Growth	19.56%	68.34%	-31.15%	44.04%	7.26%	114.77%
Accounts Receivable	489.1	455	426.6	345.45	290.9	266.66
Receivables	489.1	455	426.6	345.45	290.9	266.66
Inventory	182.3	162.8	176.6	143.04	77.18	74.61
Prepaid Expenses	47.2	65.7	51.6	37.35	24.34	24.84
Total Current Assets	1,125	1,070	884.4	859.32	623.94	581.95
Property, Plant & Equipment	253.1	215.3	195	175.8	157.79	152.1
Goodwill	415.1	398.8	373.6	322.52	216.87	195.65
Other Intangible Assets	255.8	268.7	283.4	264.42	171.39	153.56
Long-Term Accounts Receivable	-	0.3	1	0.5	1.43	-
Long-Term Deferred Tax Assets	-	0.4	0.8	0.98	-	-
Long-Term Deferred Charges	-	1	1.4	1.03	-	1.72
Other Long-Term Assets	23.7	26.8	39.3	28.64	16.26	14.5
Total Assets	2,073	1,981	1,779	1,653	1,188	1,099
Accounts Payable	169.4	158.6	149.2	132.71	101.46	98.87
Accrued Expenses	86.1	78.2	69.1	64.9	58.68	43.95
Current Portion of Long-Term Debt	31.5	32.2	31	30.84	23.36	24.16
Current Portion of Leases	34	31	28.6	24.97	20.83	18.21
Current Unearned Revenue	20.7	19	18.9	14.15	8.97	8.89
Other Current Liabilities	35	27.4	31.3	40	23.18	20.07
Total Current Liabilities	376.7	346.4	328.1	307.57	236.48	214.15
Long-Term Debt	840.8	835.1	830.2	832.19	541.96	545.03
Long-Term Leases	60.6	56.5	56.2	49.37	36.84	33.38
Long-Term Deferred Tax Liabilities	22.1	24.5	28.4	4.82	0.04	9.18
Other Long-Term Liabilities	55.9	48.5	42.5	42.41	53.18	47.71
Total Liabilities	1,356	1,311	1,285	1,236	868.49	849.45
Common Stock	0.3	0.3	0.3	0.33	0.33	0.33
Additional Paid-In Capital	257	244.7	228.8	211.43	199.85	190.23
Retained Earnings	808.4	693.8	513.1	352.54	269.42	173.37
Treasury Stock	-377.1	-302.2	-289.3	-147.24	-141.65	-106.76
Comprehensive Income & Other	27.8	33.7	40.6	-0.23	-8.76	-7.14
Total Common Equity	716.4	670.3	493.5	416.84	319.18	250.03
Shareholders' Equity	716.4	670.3	493.5	416.84	319.18	250.03
Total Liabilities & Equity	2,073	1,981	1,779	1,653	1,188	1,099
Total Debt	966.9	954.8	946	937.38	622.99	620.78
Net Cash (Debt)	-560.7	-568.3	-716.4	-603.89	-391.47	-404.93
Net Cash Per Share	-19.82	-20.08	-24.82	-20.38	-13.17	-13.56
Filing Date Shares Outstanding	27.98	28.2	28.15	29.51	29.39	29.86
Total Common Shares Outstanding	27.98	28.2	28.15	29.51	29.39	29.86
Working Capital	748.1	723.6	556.3	551.75	387.47	367.8
Book Value Per Share	25.61	23.77	17.53	14.13	10.86	8.37
Tangible Book Value	45.5	2.8	-163.5	-170.1	-69.08	-99.18
Tangible Book Value Per Share	1.63	0.10	-5.81	-5.76	-2.35	-3.32
Land	-	0.1	0.1	0.11	0.11	0.11
Buildings	-	3.9	3.9	3.9	3.9	3.9
Machinery	-	415.9	361.5	313.4	278.78	252.51
Leasehold Improvements	-	13.8	12.6	10.94	10.29	7.75
Order Backlog	-	115.7	162.3	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.