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Side-by-side financial comparison of Installed Building Products, Inc. (IBP) and MetLife (MET). 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 $600.0M, roughly 1.2× MetLife). MetLife runs the higher net margin — 134.8% vs 10.2%, a 124.6% gap on every dollar of revenue. On growth, MetLife posted the faster year-over-year revenue change (7.9% vs -0.4%). Over the past eight quarters, Installed Building Products, Inc.'s revenue compounded faster (3.9% CAGR vs 2.0%).

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.

MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries. The firm was founded on March 24, 1868. MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

IBP vs MET — Head-to-Head

Bigger by revenue
IBP
IBP
1.2× larger
IBP
$747.5M
$600.0M
MET
Growing faster (revenue YoY)
MET
MET
+8.3% gap
MET
7.9%
-0.4%
IBP
Higher net margin
MET
MET
124.6% more per $
MET
134.8%
10.2%
IBP
Faster 2-yr revenue CAGR
IBP
IBP
Annualised
IBP
3.9%
2.0%
MET

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IBP
IBP
MET
MET
Revenue
$747.5M
$600.0M
Net Profit
$76.6M
$809.0M
Gross Margin
35.0%
Operating Margin
14.6%
Net Margin
10.2%
134.8%
Revenue YoY
-0.4%
7.9%
Net Profit YoY
14.5%
-36.3%
EPS (diluted)
$2.81
$1.18

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
MET
MET
Q4 25
$747.5M
$600.0M
Q3 25
$778.2M
$621.0M
Q2 25
$760.3M
$604.0M
Q1 25
$684.8M
$611.0M
Q4 24
$750.2M
$556.0M
Q3 24
$760.6M
$554.0M
Q2 24
$737.6M
$558.0M
Q1 24
$692.9M
$577.0M
Net Profit
IBP
IBP
MET
MET
Q4 25
$76.6M
$809.0M
Q3 25
$74.4M
$896.0M
Q2 25
$69.0M
$729.0M
Q1 25
$45.4M
$945.0M
Q4 24
$66.9M
$1.3B
Q3 24
$68.6M
$1.3B
Q2 24
$65.2M
$946.0M
Q1 24
$55.9M
$867.0M
Gross Margin
IBP
IBP
MET
MET
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
MET
MET
Q4 25
14.6%
Q3 25
13.7%
Q2 25
13.3%
Q1 25
10.2%
Q4 24
13.1%
Q3 24
13.3%
Q2 24
12.9%
Q1 24
12.7%
Net Margin
IBP
IBP
MET
MET
Q4 25
10.2%
134.8%
Q3 25
9.6%
144.3%
Q2 25
9.1%
120.7%
Q1 25
6.6%
154.7%
Q4 24
8.9%
228.6%
Q3 24
9.0%
242.2%
Q2 24
8.8%
169.5%
Q1 24
8.1%
150.3%
EPS (diluted)
IBP
IBP
MET
MET
Q4 25
$2.81
$1.18
Q3 25
$2.74
$1.22
Q2 25
$2.52
$1.03
Q1 25
$1.64
$1.28
Q4 24
$2.39
$1.75
Q3 24
$2.44
$1.81
Q2 24
$2.30
$1.28
Q1 24
$1.97
$1.10

Balance Sheet & Financial Strength

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

Metric
IBP
IBP
MET
MET
Cash + ST InvestmentsLiquidity on hand
$321.9M
$25.6B
Total DebtLower is stronger
$886.6M
Stockholders' EquityBook value
$709.9M
$28.4B
Total Assets
$2.1B
$745.2B
Debt / EquityLower = less leverage
1.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IBP
IBP
MET
MET
Q4 25
$321.9M
$25.6B
Q3 25
$333.3M
$26.2B
Q2 25
$305.2M
$27.5B
Q1 25
$298.7M
$26.9B
Q4 24
$327.6M
$25.2B
Q3 24
$406.2M
$26.4B
Q2 24
$380.3M
$24.6B
Q1 24
$399.9M
$24.7B
Total Debt
IBP
IBP
MET
MET
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
Stockholders' Equity
IBP
IBP
MET
MET
Q4 25
$709.9M
$28.4B
Q3 25
$678.6M
$28.9B
Q2 25
$664.5M
$27.7B
Q1 25
$660.9M
$27.5B
Q4 24
$705.3M
$27.4B
Q3 24
$716.4M
$30.9B
Q2 24
$685.3M
$27.3B
Q1 24
$679.2M
$28.5B
Total Assets
IBP
IBP
MET
MET
Q4 25
$2.1B
$745.2B
Q3 25
$2.1B
$719.7B
Q2 25
$2.0B
$702.5B
Q1 25
$2.0B
$688.3B
Q4 24
$2.1B
$677.5B
Q3 24
$2.1B
$705.0B
Q2 24
$2.0B
$675.7B
Q1 24
$2.0B
$677.6B
Debt / Equity
IBP
IBP
MET
MET
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
IBP
IBP
MET
MET
Operating Cash FlowLast quarter
$64.9M
$7.1B
Free Cash FlowOCF − Capex
$49.3M
FCF MarginFCF / Revenue
6.6%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
0.85×
8.75×
TTM Free Cash FlowTrailing 4 quarters
$300.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IBP
IBP
MET
MET
Q4 25
$64.9M
$7.1B
Q3 25
$124.0M
$3.6B
Q2 25
$90.4M
$2.2B
Q1 25
$92.1M
$4.3B
Q4 24
$74.8M
$4.6B
Q3 24
$101.4M
$4.2B
Q2 24
$79.0M
$3.5B
Q1 24
$84.8M
$2.3B
Free Cash Flow
IBP
IBP
MET
MET
Q4 25
$49.3M
Q3 25
$104.8M
Q2 25
$74.8M
Q1 25
$71.9M
Q4 24
$52.9M
Q3 24
$77.3M
Q2 24
$58.2M
Q1 24
$63.0M
FCF Margin
IBP
IBP
MET
MET
Q4 25
6.6%
Q3 25
13.5%
Q2 25
9.8%
Q1 25
10.5%
Q4 24
7.1%
Q3 24
10.2%
Q2 24
7.9%
Q1 24
9.1%
Capex Intensity
IBP
IBP
MET
MET
Q4 25
2.1%
Q3 25
2.5%
Q2 25
2.1%
Q1 25
2.9%
Q4 24
2.9%
Q3 24
3.2%
Q2 24
2.8%
Q1 24
3.1%
Cash Conversion
IBP
IBP
MET
MET
Q4 25
0.85×
8.75×
Q3 25
1.67×
3.98×
Q2 25
1.31×
3.00×
Q1 25
2.03×
4.51×
Q4 24
1.12×
3.63×
Q3 24
1.48×
3.11×
Q2 24
1.21×
3.69×
Q1 24
1.52×
2.69×

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%

MET
MET

Other$165.0M28%
Prepaidlegalplansandadministrativeonlycontracts$158.0M26%
Vision Fee For Service Arrangements$140.0M23%
Administrative Service$76.0M13%
Distribution Service$36.0M6%
Feebasedinvestmentmanagementservices$25.0M4%

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