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Side-by-side financial comparison of Installed Building Products, Inc. (IBP) and Loews Corporation (L). Click either name above to swap in a different company.

Loews Corporation is the larger business by last-quarter revenue ($827.0M vs $747.5M, roughly 1.1× Installed Building Products, Inc.). Loews Corporation runs the higher net margin — 48.6% vs 10.2%, a 38.4% gap on every dollar of revenue. On growth, Loews Corporation posted the faster year-over-year revenue change (4.8% vs -0.4%). Loews Corporation produced more free cash flow last quarter ($426.0M vs $49.3M). Over the past eight quarters, Loews Corporation's revenue compounded faster (7.9% 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.

Loews Corporation is a diversified US-based conglomerate that operates across multiple key industry segments through its subsidiaries. Its core business lines include property and casualty insurance, natural gas pipeline transportation, hospitality services, and upstream oil and gas exploration and production, primarily serving commercial, consumer and industrial clients across North American markets.

IBP vs L — Head-to-Head

Bigger by revenue
L
L
1.1× larger
L
$827.0M
$747.5M
IBP
Growing faster (revenue YoY)
L
L
+5.2% gap
L
4.8%
-0.4%
IBP
Higher net margin
L
L
38.4% more per $
L
48.6%
10.2%
IBP
More free cash flow
L
L
$376.7M more FCF
L
$426.0M
$49.3M
IBP
Faster 2-yr revenue CAGR
L
L
Annualised
L
7.9%
3.9%
IBP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IBP
IBP
L
L
Revenue
$747.5M
$827.0M
Net Profit
$76.6M
$402.0M
Gross Margin
35.0%
Operating Margin
14.6%
65.4%
Net Margin
10.2%
48.6%
Revenue YoY
-0.4%
4.8%
Net Profit YoY
14.5%
115.0%
EPS (diluted)
$2.81
$1.93

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.

Revenue
IBP
IBP
L
L
Q4 25
$747.5M
$827.0M
Q3 25
$778.2M
$732.0M
Q2 25
$760.3M
$769.0M
Q1 25
$684.8M
$846.0M
Q4 24
$750.2M
$789.0M
Q3 24
$760.6M
$683.0M
Q2 24
$737.6M
$711.0M
Q1 24
$692.9M
$710.0M
Net Profit
IBP
IBP
L
L
Q4 25
$76.6M
$402.0M
Q3 25
$74.4M
$504.0M
Q2 25
$69.0M
$391.0M
Q1 25
$45.4M
$370.0M
Q4 24
$66.9M
$187.0M
Q3 24
$68.6M
$401.0M
Q2 24
$65.2M
$369.0M
Q1 24
$55.9M
$457.0M
Gross Margin
IBP
IBP
L
L
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%
Operating Margin
IBP
IBP
L
L
Q4 25
14.6%
65.4%
Q3 25
13.7%
94.1%
Q2 25
13.3%
70.1%
Q1 25
10.2%
60.8%
Q4 24
13.1%
23.8%
Q3 24
13.3%
80.5%
Q2 24
12.9%
71.3%
Q1 24
12.7%
88.6%
Net Margin
IBP
IBP
L
L
Q4 25
10.2%
48.6%
Q3 25
9.6%
68.9%
Q2 25
9.1%
50.8%
Q1 25
6.6%
43.7%
Q4 24
8.9%
23.7%
Q3 24
9.0%
58.7%
Q2 24
8.8%
51.9%
Q1 24
8.1%
64.4%
EPS (diluted)
IBP
IBP
L
L
Q4 25
$2.81
$1.93
Q3 25
$2.74
$2.43
Q2 25
$2.52
$1.87
Q1 25
$1.64
$1.74
Q4 24
$2.39
$0.87
Q3 24
$2.44
$1.82
Q2 24
$2.30
$1.67
Q1 24
$1.97
$2.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IBP
IBP
L
L
Cash + ST InvestmentsLiquidity on hand
$321.9M
$6.0B
Total DebtLower is stronger
$886.6M
$8.4B
Stockholders' EquityBook value
$709.9M
$18.7B
Total Assets
$2.1B
$86.3B
Debt / EquityLower = less leverage
1.25×
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IBP
IBP
L
L
Q4 25
$321.9M
$6.0B
Q3 25
$333.3M
$5.4B
Q2 25
$305.2M
$4.5B
Q1 25
$298.7M
$4.4B
Q4 24
$327.6M
$4.6B
Q3 24
$406.2M
$5.2B
Q2 24
$380.3M
$4.9B
Q1 24
$399.9M
$5.4B
Total Debt
IBP
IBP
L
L
Q4 25
$886.6M
$8.4B
Q3 25
$880.8M
$8.4B
Q2 25
$876.1M
$7.9B
Q1 25
$872.4M
$8.4B
Q4 24
$874.8M
$8.9B
Q3 24
$872.3M
$8.8B
Q2 24
$875.8M
$8.6B
Q1 24
$875.0M
$8.4B
Stockholders' Equity
IBP
IBP
L
L
Q4 25
$709.9M
$18.7B
Q3 25
$678.6M
$18.3B
Q2 25
$664.5M
$17.5B
Q1 25
$660.9M
$17.2B
Q4 24
$705.3M
$17.1B
Q3 24
$716.4M
$17.4B
Q2 24
$685.3M
$16.4B
Q1 24
$679.2M
$16.2B
Total Assets
IBP
IBP
L
L
Q4 25
$2.1B
$86.3B
Q3 25
$2.1B
$85.9B
Q2 25
$2.0B
$84.7B
Q1 25
$2.0B
$83.1B
Q4 24
$2.1B
$81.9B
Q3 24
$2.1B
$83.6B
Q2 24
$2.0B
$81.1B
Q1 24
$2.0B
$80.9B
Debt / Equity
IBP
IBP
L
L
Q4 25
1.25×
0.45×
Q3 25
1.30×
0.46×
Q2 25
1.32×
0.45×
Q1 25
1.32×
0.49×
Q4 24
1.24×
0.52×
Q3 24
1.22×
0.51×
Q2 24
1.28×
0.52×
Q1 24
1.29×
0.52×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IBP
IBP
L
L
Operating Cash FlowLast quarter
$64.9M
$617.0M
Free Cash FlowOCF − Capex
$49.3M
$426.0M
FCF MarginFCF / Revenue
6.6%
51.5%
Capex IntensityCapex / Revenue
2.1%
23.1%
Cash ConversionOCF / Net Profit
0.85×
1.53×
TTM Free Cash FlowTrailing 4 quarters
$300.8M
$2.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IBP
IBP
L
L
Q4 25
$64.9M
$617.0M
Q3 25
$124.0M
$920.0M
Q2 25
$90.4M
$1.0B
Q1 25
$92.1M
$736.0M
Q4 24
$74.8M
$941.0M
Q3 24
$101.4M
$934.0M
Q2 24
$79.0M
$952.0M
Q1 24
$84.8M
$198.0M
Free Cash Flow
IBP
IBP
L
L
Q4 25
$49.3M
$426.0M
Q3 25
$104.8M
$764.0M
Q2 25
$74.8M
$872.0M
Q1 25
$71.9M
$638.0M
Q4 24
$52.9M
$767.0M
Q3 24
$77.3M
$794.0M
Q2 24
$58.2M
$793.0M
Q1 24
$63.0M
$39.0M
FCF Margin
IBP
IBP
L
L
Q4 25
6.6%
51.5%
Q3 25
13.5%
104.4%
Q2 25
9.8%
113.4%
Q1 25
10.5%
75.4%
Q4 24
7.1%
97.2%
Q3 24
10.2%
116.3%
Q2 24
7.9%
111.5%
Q1 24
9.1%
5.5%
Capex Intensity
IBP
IBP
L
L
Q4 25
2.1%
23.1%
Q3 25
2.5%
21.3%
Q2 25
2.1%
17.4%
Q1 25
2.9%
11.6%
Q4 24
2.9%
22.1%
Q3 24
3.2%
20.5%
Q2 24
2.8%
22.4%
Q1 24
3.1%
22.4%
Cash Conversion
IBP
IBP
L
L
Q4 25
0.85×
1.53×
Q3 25
1.67×
1.83×
Q2 25
1.31×
2.57×
Q1 25
2.03×
1.99×
Q4 24
1.12×
5.03×
Q3 24
1.48×
2.33×
Q2 24
1.21×
2.58×
Q1 24
1.52×
0.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IBP
IBP

Residential New Construction$488.6M65%
Other Customer Installation$67.8M9%
Shower Doors Shelving And Mirrors$53.5M7%
Other Building Products$47.7M6%
Fireproofing And Firestopping$37.6M5%
Rain Gutters$31.3M4%
Window Blinds$18.0M2%
Related Party$6.7M1%

L
L

Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services$601.0M73%
Lodging And Related Services$226.0M27%

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