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Side-by-side financial comparison of Installed Building Products, Inc. (IBP) and NEW JERSEY RESOURCES CORP (NJR). 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 $440.9M, roughly 1.7× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 27.8% vs 10.2%, a 17.5% gap on every dollar of revenue. On growth, NEW JERSEY RESOURCES CORP posted the faster year-over-year revenue change (22.8% vs -0.4%). Over the past eight quarters, Installed Building Products, Inc.'s revenue compounded faster (3.9% CAGR vs 0.9%).
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.
New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.
IBP vs NJR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $747.5M | $440.9M |
| Net Profit | $76.6M | $122.5M |
| Gross Margin | 35.0% | — |
| Operating Margin | 14.6% | 40.6% |
| Net Margin | 10.2% | 27.8% |
| Revenue YoY | -0.4% | 22.8% |
| Net Profit YoY | 14.5% | -6.7% |
| EPS (diluted) | $2.81 | $1.21 |
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 | $440.9M | ||
| Q3 25 | $778.2M | $188.3M | ||
| Q2 25 | $760.3M | $234.8M | ||
| Q1 25 | $684.8M | $569.2M | ||
| Q4 24 | $750.2M | $359.0M | ||
| Q3 24 | $760.6M | $265.7M | ||
| Q2 24 | $737.6M | $209.9M | ||
| Q1 24 | $692.9M | $433.2M |
| Q4 25 | $76.6M | $122.5M | ||
| Q3 25 | $74.4M | $15.1M | ||
| Q2 25 | $69.0M | $-15.1M | ||
| Q1 25 | $45.4M | $204.3M | ||
| Q4 24 | $66.9M | $131.3M | ||
| Q3 24 | $68.6M | $91.1M | ||
| Q2 24 | $65.2M | $-11.6M | ||
| Q1 24 | $55.9M | $120.8M |
| 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% | 40.6% | ||
| Q3 25 | 13.7% | 21.5% | ||
| Q2 25 | 13.3% | -0.5% | ||
| Q1 25 | 10.2% | 49.2% | ||
| Q4 24 | 13.1% | 52.8% | ||
| Q3 24 | 13.3% | 55.0% | ||
| Q2 24 | 12.9% | 2.8% | ||
| Q1 24 | 12.7% | 39.3% |
| Q4 25 | 10.2% | 27.8% | ||
| Q3 25 | 9.6% | 8.0% | ||
| Q2 25 | 9.1% | -6.4% | ||
| Q1 25 | 6.6% | 35.9% | ||
| Q4 24 | 8.9% | 36.6% | ||
| Q3 24 | 9.0% | 34.3% | ||
| Q2 24 | 8.8% | -5.5% | ||
| Q1 24 | 8.1% | 27.9% |
| Q4 25 | $2.81 | $1.21 | ||
| Q3 25 | $2.74 | $0.15 | ||
| Q2 25 | $2.52 | $-0.15 | ||
| Q1 25 | $1.64 | $2.02 | ||
| Q4 24 | $2.39 | $1.31 | ||
| Q3 24 | $2.44 | $0.91 | ||
| Q2 24 | $2.30 | $-0.12 | ||
| Q1 24 | $1.97 | $1.22 |
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 | $2.4M |
| Total DebtLower is stronger | $886.6M | $3.3B |
| Stockholders' EquityBook value | $709.9M | $2.5B |
| Total Assets | $2.1B | $7.9B |
| Debt / EquityLower = less leverage | 1.25× | 1.32× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $321.9M | $2.4M | ||
| Q3 25 | $333.3M | $591.0K | ||
| Q2 25 | $305.2M | $931.0K | ||
| Q1 25 | $298.7M | $83.7M | ||
| Q4 24 | $327.6M | $1.9M | ||
| Q3 24 | $406.2M | $1.0M | ||
| Q2 24 | $380.3M | $22.4M | ||
| Q1 24 | $399.9M | $5.0M |
| Q4 25 | $886.6M | $3.3B | ||
| Q3 25 | $880.8M | $3.3B | ||
| Q2 25 | $876.1M | $3.0B | ||
| Q1 25 | $872.4M | $3.0B | ||
| Q4 24 | $874.8M | $3.0B | ||
| Q3 24 | $872.3M | $2.9B | ||
| Q2 24 | $875.8M | $2.8B | ||
| Q1 24 | $875.0M | $2.7B |
| Q4 25 | $709.9M | $2.5B | ||
| Q3 25 | $678.6M | $2.4B | ||
| Q2 25 | $664.5M | $2.4B | ||
| Q1 25 | $660.9M | $2.5B | ||
| Q4 24 | $705.3M | $2.3B | ||
| Q3 24 | $716.4M | $2.2B | ||
| Q2 24 | $685.3M | $2.1B | ||
| Q1 24 | $679.2M | $2.2B |
| Q4 25 | $2.1B | $7.9B | ||
| Q3 25 | $2.1B | $7.6B | ||
| Q2 25 | $2.0B | $7.3B | ||
| Q1 25 | $2.0B | $7.3B | ||
| Q4 24 | $2.1B | $7.2B | ||
| Q3 24 | $2.1B | $7.0B | ||
| Q2 24 | $2.0B | $6.8B | ||
| Q1 24 | $2.0B | $6.6B |
| Q4 25 | 1.25× | 1.32× | ||
| Q3 25 | 1.30× | 1.36× | ||
| Q2 25 | 1.32× | 1.25× | ||
| Q1 25 | 1.32× | 1.20× | ||
| Q4 24 | 1.24× | 1.29× | ||
| Q3 24 | 1.22× | 1.31× | ||
| Q2 24 | 1.28× | 1.30× | ||
| Q1 24 | 1.29× | 1.25× |
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 | $26.7M |
| Free Cash FlowOCF − Capex | $49.3M | — |
| FCF MarginFCF / Revenue | 6.6% | — |
| Capex IntensityCapex / Revenue | 2.1% | — |
| Cash ConversionOCF / Net Profit | 0.85× | 0.22× |
| TTM Free Cash FlowTrailing 4 quarters | $300.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.9M | $26.7M | ||
| Q3 25 | $124.0M | $81.2M | ||
| Q2 25 | $90.4M | $-28.9M | ||
| Q1 25 | $92.1M | $423.0M | ||
| Q4 24 | $74.8M | $-9.0M | ||
| Q3 24 | $101.4M | $64.5M | ||
| Q2 24 | $79.0M | $24.3M | ||
| Q1 24 | $84.8M | $292.2M |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | 0.85× | 0.22× | ||
| Q3 25 | 1.67× | 5.39× | ||
| Q2 25 | 1.31× | — | ||
| Q1 25 | 2.03× | 2.07× | ||
| Q4 24 | 1.12× | -0.07× | ||
| Q3 24 | 1.48× | 0.71× | ||
| Q2 24 | 1.21× | — | ||
| Q1 24 | 1.52× | 2.42× |
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% |
NJR
| Residential | $284.1M | 64% |
| Commercialand Industrial | $53.4M | 12% |
| Firm Transportation | $34.7M | 8% |
| Storage And Transportation ST Segment | $28.1M | 6% |
| Home Services And Other HSO | $16.0M | 4% |
| Energy Services ES Segment | $12.8M | 3% |
| Installationand Maintenance | $6.6M | 1% |
| Electricity | $5.6M | 1% |
| Renewable Energy Certificates | $3.7M | 1% |
| Interruptibleand Offtariff | $2.4M | 1% |
