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Side-by-side financial comparison of Installed Building Products, Inc. (IBP) and Mid-America Apartment Communities (MAA). Click either name above to swap in a different company.
Installed Building Products, Inc. is the larger business by last-quarter revenue ($747.5M vs $553.7M, roughly 1.3× Mid-America Apartment Communities). On growth, Mid-America Apartment Communities posted the faster year-over-year revenue change (438.7% vs -0.4%). Over the past eight quarters, Installed Building Products, Inc.'s revenue compounded faster (3.9% CAGR vs 0.7%).
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.
Mid-America Apartment Communities, Inc. (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.
IBP vs MAA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $747.5M | $553.7M |
| Net Profit | $76.6M | — |
| Gross Margin | 35.0% | — |
| Operating Margin | 14.6% | — |
| Net Margin | 10.2% | — |
| Revenue YoY | -0.4% | 438.7% |
| Net Profit YoY | 14.5% | — |
| EPS (diluted) | $2.81 | $4.34 |
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.
| Q1 26 | — | $553.7M | ||
| Q4 25 | $747.5M | $555.6M | ||
| Q3 25 | $778.2M | $554.4M | ||
| Q2 25 | $760.3M | $549.9M | ||
| Q1 25 | $684.8M | $549.3M | ||
| Q4 24 | $750.2M | $549.8M | ||
| Q3 24 | $760.6M | $551.1M | ||
| Q2 24 | $737.6M | $546.4M |
| Q1 26 | — | — | ||
| Q4 25 | $76.6M | $57.6M | ||
| Q3 25 | $74.4M | $99.5M | ||
| Q2 25 | $69.0M | $108.1M | ||
| Q1 25 | $45.4M | $181.7M | ||
| Q4 24 | $66.9M | $166.6M | ||
| Q3 24 | $68.6M | $115.2M | ||
| Q2 24 | $65.2M | $102.0M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 14.6% | 10.4% | ||
| Q3 25 | 13.7% | 18.7% | ||
| Q2 25 | 13.3% | 20.2% | ||
| Q1 25 | 10.2% | 34.0% | ||
| Q4 24 | 13.1% | 31.3% | ||
| Q3 24 | 13.3% | 21.5% | ||
| Q2 24 | 12.9% | 19.3% |
| Q1 26 | — | — | ||
| Q4 25 | 10.2% | 10.4% | ||
| Q3 25 | 9.6% | 18.0% | ||
| Q2 25 | 9.1% | 19.7% | ||
| Q1 25 | 6.6% | 33.1% | ||
| Q4 24 | 8.9% | 30.3% | ||
| Q3 24 | 9.0% | 20.9% | ||
| Q2 24 | 8.8% | 18.7% |
| Q1 26 | — | $4.34 | ||
| Q4 25 | $2.81 | $0.48 | ||
| Q3 25 | $2.74 | $0.84 | ||
| Q2 25 | $2.52 | $0.92 | ||
| Q1 25 | $1.64 | $1.54 | ||
| Q4 24 | $2.39 | $1.43 | ||
| Q3 24 | $2.44 | $0.98 | ||
| Q2 24 | $2.30 | $0.86 |
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 | — |
| Total DebtLower is stronger | $886.6M | — |
| Stockholders' EquityBook value | $709.9M | — |
| Total Assets | $2.1B | — |
| Debt / EquityLower = less leverage | 1.25× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $321.9M | $60.3M | ||
| Q3 25 | $333.3M | $32.2M | ||
| Q2 25 | $305.2M | $54.5M | ||
| Q1 25 | $298.7M | $55.8M | ||
| Q4 24 | $327.6M | $43.0M | ||
| Q3 24 | $406.2M | $50.2M | ||
| Q2 24 | $380.3M | $62.8M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | $709.9M | $5.7B | ||
| Q3 25 | $678.6M | $5.8B | ||
| Q2 25 | $664.5M | $5.9B | ||
| Q1 25 | $660.9M | $5.9B | ||
| Q4 24 | $705.3M | $5.9B | ||
| Q3 24 | $716.4M | $5.9B | ||
| Q2 24 | $685.3M | $6.0B |
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $12.0B | ||
| Q3 25 | $2.1B | $11.9B | ||
| Q2 25 | $2.0B | $11.8B | ||
| Q1 25 | $2.0B | $11.8B | ||
| Q4 24 | $2.1B | $11.8B | ||
| Q3 24 | $2.1B | $11.8B | ||
| Q2 24 | $2.0B | $11.6B |
| Q1 26 | — | — | ||
| 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× | — |
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 | — |
| Free Cash FlowOCF − Capex | $49.3M | — |
| FCF MarginFCF / Revenue | 6.6% | — |
| Capex IntensityCapex / Revenue | 2.1% | — |
| Cash ConversionOCF / Net Profit | 0.85× | — |
| TTM Free Cash FlowTrailing 4 quarters | $300.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $64.9M | $261.7M | ||
| Q3 25 | $124.0M | $266.4M | ||
| Q2 25 | $90.4M | $353.4M | ||
| Q1 25 | $92.1M | $196.6M | ||
| Q4 24 | $74.8M | $239.1M | ||
| Q3 24 | $101.4M | $309.5M | ||
| Q2 24 | $79.0M | $349.4M |
| Q1 26 | — | — | ||
| Q4 25 | $49.3M | $158.6M | ||
| Q3 25 | $104.8M | $170.8M | ||
| Q2 25 | $74.8M | $264.5M | ||
| Q1 25 | $71.9M | $124.0M | ||
| Q4 24 | $52.9M | $152.6M | ||
| Q3 24 | $77.3M | $215.5M | ||
| Q2 24 | $58.2M | $259.7M |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 28.5% | ||
| Q3 25 | 13.5% | 30.8% | ||
| Q2 25 | 9.8% | 48.1% | ||
| Q1 25 | 10.5% | 22.6% | ||
| Q4 24 | 7.1% | 27.8% | ||
| Q3 24 | 10.2% | 39.1% | ||
| Q2 24 | 7.9% | 47.5% |
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 18.6% | ||
| Q3 25 | 2.5% | 17.2% | ||
| Q2 25 | 2.1% | 16.2% | ||
| Q1 25 | 2.9% | 13.2% | ||
| Q4 24 | 2.9% | 15.7% | ||
| Q3 24 | 3.2% | 17.1% | ||
| Q2 24 | 2.8% | 16.4% |
| Q1 26 | — | — | ||
| Q4 25 | 0.85× | 4.55× | ||
| Q3 25 | 1.67× | 2.68× | ||
| Q2 25 | 1.31× | 3.27× | ||
| Q1 25 | 2.03× | 1.08× | ||
| Q4 24 | 1.12× | 1.43× | ||
| Q3 24 | 1.48× | 2.69× | ||
| Q2 24 | 1.21× | 3.43× |
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% |
MAA
| Same Store Communities | $517.0M | 93% |
| Non-Same Store Communities | $22.1M | 4% |
| Lease-up/Development Communities | $7.7M | 1% |
| Commercial Property/Land | $7.0M | 1% |
