vs
Side-by-side financial comparison of Installed Building Products, Inc. (IBP) and Primerica, Inc. (PRI). Click either name above to swap in a different company.
Primerica, Inc. is the larger business by last-quarter revenue ($853.7M vs $747.5M, roughly 1.1× Installed Building Products, Inc.). Primerica, Inc. runs the higher net margin — 23.1% vs 10.2%, a 12.8% gap on every dollar of revenue. On growth, Primerica, Inc. posted the faster year-over-year revenue change (11.0% vs -0.4%). Over the past eight quarters, Primerica, Inc.'s revenue compounded faster (7.2% 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.
Primerica, Inc. is a multi-level marketing company that provides insurance, investment and financial services to middle-income families in the United States and Canada.
IBP vs PRI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $747.5M | $853.7M |
| Net Profit | $76.6M | $197.0M |
| Gross Margin | 35.0% | — |
| Operating Margin | 14.6% | 28.9% |
| Net Margin | 10.2% | 23.1% |
| Revenue YoY | -0.4% | 11.0% |
| Net Profit YoY | 14.5% | 17.9% |
| EPS (diluted) | $2.81 | $6.11 |
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 | $853.7M | ||
| Q3 25 | $778.2M | $839.9M | ||
| Q2 25 | $760.3M | $793.3M | ||
| Q1 25 | $684.8M | $804.8M | ||
| Q4 24 | $750.2M | $768.8M | ||
| Q3 24 | $760.6M | $774.1M | ||
| Q2 24 | $737.6M | $803.4M | ||
| Q1 24 | $692.9M | $742.8M |
| Q4 25 | $76.6M | $197.0M | ||
| Q3 25 | $74.4M | $206.8M | ||
| Q2 25 | $69.0M | $178.3M | ||
| Q1 25 | $45.4M | $169.1M | ||
| Q4 24 | $66.9M | $167.1M | ||
| Q3 24 | $68.6M | $164.4M | ||
| Q2 24 | $65.2M | $1.2M | ||
| Q1 24 | $55.9M | $137.9M |
| 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% | 98.0% | ||
| Q1 24 | 33.8% | 98.2% |
| Q4 25 | 14.6% | 28.9% | ||
| Q3 25 | 13.7% | 32.3% | ||
| Q2 25 | 13.3% | 29.6% | ||
| Q1 25 | 10.2% | 27.5% | ||
| Q4 24 | 13.1% | 64.7% | ||
| Q3 24 | 13.3% | 32.9% | ||
| Q2 24 | 12.9% | 1.0% | ||
| Q1 24 | 12.7% | 24.1% |
| Q4 25 | 10.2% | 23.1% | ||
| Q3 25 | 9.6% | 24.6% | ||
| Q2 25 | 9.1% | 22.5% | ||
| Q1 25 | 6.6% | 21.0% | ||
| Q4 24 | 8.9% | 21.7% | ||
| Q3 24 | 9.0% | 21.2% | ||
| Q2 24 | 8.8% | 0.1% | ||
| Q1 24 | 8.1% | 18.6% |
| Q4 25 | $2.81 | $6.11 | ||
| Q3 25 | $2.74 | $6.35 | ||
| Q2 25 | $2.52 | $5.40 | ||
| Q1 25 | $1.64 | $5.05 | ||
| Q4 24 | $2.39 | $4.92 | ||
| Q3 24 | $2.44 | $4.83 | ||
| Q2 24 | $2.30 | $0.03 | ||
| Q1 24 | $1.97 | $3.93 |
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 | $756.2M |
| Total DebtLower is stronger | $886.6M | — |
| Stockholders' EquityBook value | $709.9M | $2.4B |
| Total Assets | $2.1B | $15.0B |
| Debt / EquityLower = less leverage | 1.25× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $321.9M | $756.2M | ||
| Q3 25 | $333.3M | $644.9M | ||
| Q2 25 | $305.2M | $621.2M | ||
| Q1 25 | $298.7M | $625.1M | ||
| Q4 24 | $327.6M | $687.8M | ||
| Q3 24 | $406.2M | $550.1M | ||
| Q2 24 | $380.3M | $627.3M | ||
| Q1 24 | $399.9M | $593.4M |
| 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 | $2.4B | ||
| Q3 25 | $678.6M | $2.3B | ||
| Q2 25 | $664.5M | $2.3B | ||
| Q1 25 | $660.9M | $2.3B | ||
| Q4 24 | $705.3M | $2.3B | ||
| Q3 24 | $716.4M | $1.9B | ||
| Q2 24 | $685.3M | $2.1B | ||
| Q1 24 | $679.2M | $2.2B |
| Q4 25 | $2.1B | $15.0B | ||
| Q3 25 | $2.1B | $14.8B | ||
| Q2 25 | $2.0B | $14.8B | ||
| Q1 25 | $2.0B | $14.6B | ||
| Q4 24 | $2.1B | $14.6B | ||
| Q3 24 | $2.1B | $14.8B | ||
| Q2 24 | $2.0B | $14.6B | ||
| Q1 24 | $2.0B | $14.9B |
| 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 | $338.2M |
| Free Cash FlowOCF − Capex | $49.3M | — |
| FCF MarginFCF / Revenue | 6.6% | — |
| Capex IntensityCapex / Revenue | 2.1% | — |
| Cash ConversionOCF / Net Profit | 0.85× | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $300.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.9M | $338.2M | ||
| Q3 25 | $124.0M | $202.9M | ||
| Q2 25 | $90.4M | $162.6M | ||
| Q1 25 | $92.1M | $197.5M | ||
| Q4 24 | $74.8M | $270.6M | ||
| Q3 24 | $101.4M | $207.3M | ||
| Q2 24 | $79.0M | $173.3M | ||
| Q1 24 | $84.8M | $210.9M |
| 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× | 1.72× | ||
| Q3 25 | 1.67× | 0.98× | ||
| Q2 25 | 1.31× | 0.91× | ||
| Q1 25 | 2.03× | 1.17× | ||
| Q4 24 | 1.12× | 1.62× | ||
| Q3 24 | 1.48× | 1.26× | ||
| Q2 24 | 1.21× | 147.98× | ||
| Q1 24 | 1.52× | 1.53× |
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% |
PRI
| Revenues From Sources Other Than Contracts With Customers | $445.9M | 52% |
| Investment And Savings Products Segment Revenues | $340.3M | 40% |
| Other | $56.5M | 7% |
| Segment Revenues From Contracts With Customers | $11.0M | 1% |
