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Side-by-side financial comparison of Installed Building Products, Inc. (IBP) and JANUS HENDERSON GROUP PLC (JHG). Click either name above to swap in a different company.
JANUS HENDERSON GROUP PLC is the larger business by last-quarter revenue ($1.1B vs $747.5M, roughly 1.5× Installed Building Products, Inc.). JANUS HENDERSON GROUP PLC runs the higher net margin — 35.3% vs 10.2%, a 25.0% gap on every dollar of revenue. On growth, JANUS HENDERSON GROUP PLC posted the faster year-over-year revenue change (61.3% vs -0.4%). JANUS HENDERSON GROUP PLC produced more free cash flow last quarter ($320.4M vs $49.3M). Over the past eight quarters, JANUS HENDERSON GROUP PLC's revenue compounded faster (43.9% CAGR vs 3.9%).
Installed Building Products, Inc. is a leading US-based provider of professional installation services for building products. Core offerings include insulation, gutters, garage doors, fire protection systems and window treatments, serving residential new construction, repair & remodel, and commercial construction segments across most US regions.
Janus Henderson is a British-American global asset management group headquartered in the City of London, United Kingdom. It offers a range of financial products to individuals, intermediary advisors, and institutional investors globally under the trade name Janus Henderson Investors.
IBP vs JHG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $747.5M | $1.1B |
| Net Profit | $76.6M | $403.2M |
| Gross Margin | 35.0% | — |
| Operating Margin | 14.6% | 42.7% |
| Net Margin | 10.2% | 35.3% |
| Revenue YoY | -0.4% | 61.3% |
| Net Profit YoY | 14.5% | 231.0% |
| EPS (diluted) | $2.81 | $2.59 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $747.5M | $1.1B | ||
| Q3 25 | $778.2M | $700.4M | ||
| Q2 25 | $760.3M | $633.2M | ||
| Q1 25 | $684.8M | $621.4M | ||
| Q4 24 | $750.2M | $708.3M | ||
| Q3 24 | $760.6M | $624.8M | ||
| Q2 24 | $737.6M | $588.4M | ||
| Q1 24 | $692.9M | $551.7M |
| Q4 25 | $76.6M | $403.2M | ||
| Q3 25 | $74.4M | $142.1M | ||
| Q2 25 | $69.0M | $149.9M | ||
| Q1 25 | $45.4M | $120.7M | ||
| Q4 24 | $66.9M | $121.8M | ||
| Q3 24 | $68.6M | $27.3M | ||
| Q2 24 | $65.2M | $129.7M | ||
| Q1 24 | $55.9M | $130.1M |
| Q4 25 | 35.0% | — | ||
| Q3 25 | 34.0% | — | ||
| Q2 25 | 34.2% | — | ||
| Q1 25 | 32.7% | — | ||
| Q4 24 | 33.6% | — | ||
| Q3 24 | 33.8% | — | ||
| Q2 24 | 34.1% | — | ||
| Q1 24 | 33.8% | — |
| Q4 25 | 14.6% | 42.7% | ||
| Q3 25 | 13.7% | 24.6% | ||
| Q2 25 | 13.3% | 25.9% | ||
| Q1 25 | 10.2% | 24.7% | ||
| Q4 24 | 13.1% | 27.9% | ||
| Q3 24 | 13.3% | 26.4% | ||
| Q2 24 | 12.9% | 27.9% | ||
| Q1 24 | 12.7% | 21.6% |
| Q4 25 | 10.2% | 35.3% | ||
| Q3 25 | 9.6% | 20.3% | ||
| Q2 25 | 9.1% | 23.7% | ||
| Q1 25 | 6.6% | 19.4% | ||
| Q4 24 | 8.9% | 17.2% | ||
| Q3 24 | 9.0% | 4.4% | ||
| Q2 24 | 8.8% | 22.0% | ||
| Q1 24 | 8.1% | 23.6% |
| Q4 25 | $2.81 | $2.59 | ||
| Q3 25 | $2.74 | $0.92 | ||
| Q2 25 | $2.52 | $0.95 | ||
| Q1 25 | $1.64 | $0.77 | ||
| Q4 24 | $2.39 | $0.77 | ||
| Q3 24 | $2.44 | $0.17 | ||
| Q2 24 | $2.30 | $0.81 | ||
| Q1 24 | $1.97 | $0.81 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $321.9M | $1.6B |
| Total DebtLower is stronger | $886.6M | — |
| Stockholders' EquityBook value | $709.9M | $5.1B |
| Total Assets | $2.1B | $8.3B |
| Debt / EquityLower = less leverage | 1.25× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $321.9M | $1.6B | ||
| Q3 25 | $333.3M | $1.4B | ||
| Q2 25 | $305.2M | $1.3B | ||
| Q1 25 | $298.7M | $1.4B | ||
| Q4 24 | $327.6M | $1.6B | ||
| Q3 24 | $406.2M | $1.8B | ||
| Q2 24 | $380.3M | $1.3B | ||
| Q1 24 | $399.9M | $1.1B |
| Q4 25 | $886.6M | — | ||
| Q3 25 | $880.8M | — | ||
| Q2 25 | $876.1M | — | ||
| Q1 25 | $872.4M | — | ||
| Q4 24 | $874.8M | — | ||
| Q3 24 | $872.3M | — | ||
| Q2 24 | $875.8M | — | ||
| Q1 24 | $875.0M | — |
| Q4 25 | $709.9M | $5.1B | ||
| Q3 25 | $678.6M | $4.8B | ||
| Q2 25 | $664.5M | $4.8B | ||
| Q1 25 | $660.9M | $4.7B | ||
| Q4 24 | $705.3M | $4.6B | ||
| Q3 24 | $716.4M | $4.6B | ||
| Q2 24 | $685.3M | $4.5B | ||
| Q1 24 | $679.2M | $4.4B |
| Q4 25 | $2.1B | $8.3B | ||
| Q3 25 | $2.1B | $7.6B | ||
| Q2 25 | $2.0B | $7.5B | ||
| Q1 25 | $2.0B | $7.1B | ||
| Q4 24 | $2.1B | $7.0B | ||
| Q3 24 | $2.1B | $7.3B | ||
| Q2 24 | $2.0B | $6.4B | ||
| Q1 24 | $2.0B | $6.3B |
| Q4 25 | 1.25× | — | ||
| Q3 25 | 1.30× | — | ||
| Q2 25 | 1.32× | — | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 1.24× | — | ||
| Q3 24 | 1.22× | — | ||
| Q2 24 | 1.28× | — | ||
| Q1 24 | 1.29× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $64.9M | $322.7M |
| Free Cash FlowOCF − Capex | $49.3M | $320.4M |
| FCF MarginFCF / Revenue | 6.6% | 28.0% |
| Capex IntensityCapex / Revenue | 2.1% | 0.2% |
| Cash ConversionOCF / Net Profit | 0.85× | 0.80× |
| TTM Free Cash FlowTrailing 4 quarters | $300.8M | $710.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.9M | $322.7M | ||
| Q3 25 | $124.0M | $258.8M | ||
| Q2 25 | $90.4M | $135.2M | ||
| Q1 25 | $92.1M | $2.8M | ||
| Q4 24 | $74.8M | $247.3M | ||
| Q3 24 | $101.4M | $228.5M | ||
| Q2 24 | $79.0M | $223.8M | ||
| Q1 24 | $84.8M | $-5.0M |
| Q4 25 | $49.3M | $320.4M | ||
| Q3 25 | $104.8M | $256.4M | ||
| Q2 25 | $74.8M | $133.2M | ||
| Q1 25 | $71.9M | $900.0K | ||
| Q4 24 | $52.9M | $243.5M | ||
| Q3 24 | $77.3M | $225.9M | ||
| Q2 24 | $58.2M | $221.9M | ||
| Q1 24 | $63.0M | $-6.8M |
| Q4 25 | 6.6% | 28.0% | ||
| Q3 25 | 13.5% | 36.6% | ||
| Q2 25 | 9.8% | 21.0% | ||
| Q1 25 | 10.5% | 0.1% | ||
| Q4 24 | 7.1% | 34.4% | ||
| Q3 24 | 10.2% | 36.2% | ||
| Q2 24 | 7.9% | 37.7% | ||
| Q1 24 | 9.1% | -1.2% |
| Q4 25 | 2.1% | 0.2% | ||
| Q3 25 | 2.5% | 0.3% | ||
| Q2 25 | 2.1% | 0.3% | ||
| Q1 25 | 2.9% | 0.3% | ||
| Q4 24 | 2.9% | 0.5% | ||
| Q3 24 | 3.2% | 0.4% | ||
| Q2 24 | 2.8% | 0.3% | ||
| Q1 24 | 3.1% | 0.3% |
| Q4 25 | 0.85× | 0.80× | ||
| Q3 25 | 1.67× | 1.82× | ||
| Q2 25 | 1.31× | 0.90× | ||
| Q1 25 | 2.03× | 0.02× | ||
| Q4 24 | 1.12× | 2.03× | ||
| Q3 24 | 1.48× | 8.37× | ||
| Q2 24 | 1.21× | 1.73× | ||
| Q1 24 | 1.52× | -0.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IBP
| Residential New Construction | $488.6M | 65% |
| Other Customer Installation | $67.8M | 9% |
| Shower Doors Shelving And Mirrors | $53.5M | 7% |
| Other Building Products | $47.7M | 6% |
| Fireproofing And Firestopping | $37.6M | 5% |
| Rain Gutters | $31.3M | 4% |
| Window Blinds | $18.0M | 2% |
| Related Party | $6.7M | 1% |
JHG
| Investment Advice | $585.2M | 51% |
| Investment Performance | $425.8M | 37% |
| Other | $76.4M | 7% |
