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Side-by-side financial comparison of Installed Building Products, Inc. (IBP) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.

SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $747.5M, roughly 1.9× Installed Building Products, Inc.). Installed Building Products, Inc. runs the higher net margin — 10.2% vs 3.1%, a 7.1% gap on every dollar of revenue. On growth, SEALED AIR CORP posted the faster year-over-year revenue change (2.6% vs -0.4%). SEALED AIR CORP produced more free cash flow last quarter ($257.7M vs $49.3M). Over the past eight quarters, Installed Building Products, Inc.'s revenue compounded faster (3.9% CAGR vs 2.7%).

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.

Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.

IBP vs SEE — Head-to-Head

Bigger by revenue
SEE
SEE
1.9× larger
SEE
$1.4B
$747.5M
IBP
Growing faster (revenue YoY)
SEE
SEE
+3.0% gap
SEE
2.6%
-0.4%
IBP
Higher net margin
IBP
IBP
7.1% more per $
IBP
10.2%
3.1%
SEE
More free cash flow
SEE
SEE
$208.4M more FCF
SEE
$257.7M
$49.3M
IBP
Faster 2-yr revenue CAGR
IBP
IBP
Annualised
IBP
3.9%
2.7%
SEE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IBP
IBP
SEE
SEE
Revenue
$747.5M
$1.4B
Net Profit
$76.6M
$43.8M
Gross Margin
35.0%
28.6%
Operating Margin
14.6%
11.4%
Net Margin
10.2%
3.1%
Revenue YoY
-0.4%
2.6%
Net Profit YoY
14.5%
700.0%
EPS (diluted)
$2.81
$0.30

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
SEE
SEE
Q4 25
$747.5M
$1.4B
Q3 25
$778.2M
$1.3B
Q2 25
$760.3M
$1.3B
Q1 25
$684.8M
$1.3B
Q4 24
$750.2M
$1.4B
Q3 24
$760.6M
$1.3B
Q2 24
$737.6M
$1.3B
Q1 24
$692.9M
$1.3B
Net Profit
IBP
IBP
SEE
SEE
Q4 25
$76.6M
$43.8M
Q3 25
$74.4M
$255.1M
Q2 25
$69.0M
$93.1M
Q1 25
$45.4M
$113.5M
Q4 24
$66.9M
$-7.3M
Q3 24
$68.6M
$91.7M
Q2 24
$65.2M
$98.3M
Q1 24
$55.9M
$82.0M
Gross Margin
IBP
IBP
SEE
SEE
Q4 25
35.0%
28.6%
Q3 25
34.0%
29.8%
Q2 25
34.2%
30.7%
Q1 25
32.7%
30.9%
Q4 24
33.6%
30.0%
Q3 24
33.8%
30.1%
Q2 24
34.1%
31.2%
Q1 24
33.8%
30.3%
Operating Margin
IBP
IBP
SEE
SEE
Q4 25
14.6%
11.4%
Q3 25
13.7%
13.8%
Q2 25
13.3%
15.0%
Q1 25
10.2%
14.5%
Q4 24
13.1%
11.7%
Q3 24
13.3%
13.9%
Q2 24
12.9%
15.4%
Q1 24
12.7%
14.0%
Net Margin
IBP
IBP
SEE
SEE
Q4 25
10.2%
3.1%
Q3 25
9.6%
19.0%
Q2 25
9.1%
7.0%
Q1 25
6.6%
9.0%
Q4 24
8.9%
-0.5%
Q3 24
9.0%
6.9%
Q2 24
8.8%
7.4%
Q1 24
8.1%
6.2%
EPS (diluted)
IBP
IBP
SEE
SEE
Q4 25
$2.81
$0.30
Q3 25
$2.74
$1.73
Q2 25
$2.52
$0.63
Q1 25
$1.64
$0.77
Q4 24
$2.39
$-0.05
Q3 24
$2.44
$0.63
Q2 24
$2.30
$0.67
Q1 24
$1.97
$0.56

Balance Sheet & Financial Strength

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

Metric
IBP
IBP
SEE
SEE
Cash + ST InvestmentsLiquidity on hand
$321.9M
$344.0M
Total DebtLower is stronger
$886.6M
$3.3B
Stockholders' EquityBook value
$709.9M
$1.2B
Total Assets
$2.1B
$7.0B
Debt / EquityLower = less leverage
1.25×
2.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IBP
IBP
SEE
SEE
Q4 25
$321.9M
$344.0M
Q3 25
$333.3M
$282.5M
Q2 25
$305.2M
$354.4M
Q1 25
$298.7M
$335.2M
Q4 24
$327.6M
$371.8M
Q3 24
$406.2M
$386.0M
Q2 24
$380.3M
$388.6M
Q1 24
$399.9M
$352.8M
Total Debt
IBP
IBP
SEE
SEE
Q4 25
$886.6M
$3.3B
Q3 25
$880.8M
$4.0B
Q2 25
$876.1M
$4.0B
Q1 25
$872.4M
$4.2B
Q4 24
$874.8M
$4.2B
Q3 24
$872.3M
$4.3B
Q2 24
$875.8M
$4.4B
Q1 24
$875.0M
$4.5B
Stockholders' Equity
IBP
IBP
SEE
SEE
Q4 25
$709.9M
$1.2B
Q3 25
$678.6M
$1.2B
Q2 25
$664.5M
$953.1M
Q1 25
$660.9M
$797.9M
Q4 24
$705.3M
$624.5M
Q3 24
$716.4M
$771.2M
Q2 24
$685.3M
$650.1M
Q1 24
$679.2M
$598.3M
Total Assets
IBP
IBP
SEE
SEE
Q4 25
$2.1B
$7.0B
Q3 25
$2.1B
$7.1B
Q2 25
$2.0B
$7.2B
Q1 25
$2.0B
$7.0B
Q4 24
$2.1B
$7.0B
Q3 24
$2.1B
$7.3B
Q2 24
$2.0B
$7.3B
Q1 24
$2.0B
$7.2B
Debt / Equity
IBP
IBP
SEE
SEE
Q4 25
1.25×
2.65×
Q3 25
1.30×
3.34×
Q2 25
1.32×
4.18×
Q1 25
1.32×
5.26×
Q4 24
1.24×
6.72×
Q3 24
1.22×
5.62×
Q2 24
1.28×
6.81×
Q1 24
1.29×
7.49×

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
SEE
SEE
Operating Cash FlowLast quarter
$64.9M
$293.6M
Free Cash FlowOCF − Capex
$49.3M
$257.7M
FCF MarginFCF / Revenue
6.6%
18.5%
Capex IntensityCapex / Revenue
2.1%
2.6%
Cash ConversionOCF / Net Profit
0.85×
6.70×
TTM Free Cash FlowTrailing 4 quarters
$300.8M
$458.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IBP
IBP
SEE
SEE
Q4 25
$64.9M
$293.6M
Q3 25
$124.0M
$165.9M
Q2 25
$90.4M
$136.6M
Q1 25
$92.1M
$31.9M
Q4 24
$74.8M
$244.2M
Q3 24
$101.4M
$170.5M
Q2 24
$79.0M
$188.2M
Q1 24
$84.8M
$125.1M
Free Cash Flow
IBP
IBP
SEE
SEE
Q4 25
$49.3M
$257.7M
Q3 25
$104.8M
$119.6M
Q2 25
$74.8M
$93.2M
Q1 25
$71.9M
$-12.0M
Q4 24
$52.9M
$185.1M
Q3 24
$77.3M
$115.2M
Q2 24
$58.2M
$129.5M
Q1 24
$63.0M
$78.0M
FCF Margin
IBP
IBP
SEE
SEE
Q4 25
6.6%
18.5%
Q3 25
13.5%
8.9%
Q2 25
9.8%
7.0%
Q1 25
10.5%
-0.9%
Q4 24
7.1%
13.6%
Q3 24
10.2%
8.6%
Q2 24
7.9%
9.7%
Q1 24
9.1%
5.9%
Capex Intensity
IBP
IBP
SEE
SEE
Q4 25
2.1%
2.6%
Q3 25
2.5%
3.4%
Q2 25
2.1%
3.3%
Q1 25
2.9%
3.5%
Q4 24
2.9%
4.4%
Q3 24
3.2%
4.1%
Q2 24
2.8%
4.4%
Q1 24
3.1%
3.6%
Cash Conversion
IBP
IBP
SEE
SEE
Q4 25
0.85×
6.70×
Q3 25
1.67×
0.65×
Q2 25
1.31×
1.47×
Q1 25
2.03×
0.28×
Q4 24
1.12×
Q3 24
1.48×
1.86×
Q2 24
1.21×
1.91×
Q1 24
1.52×
1.53×

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%

SEE
SEE

Protective Segment$1.1B78%
Other$292.0M21%
Pension Plans Defined Benefit$7.9M1%

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