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Side-by-side financial comparison of Installed Building Products, Inc. (IBP) and Virtu Financial, Inc. (VIRT). Click either name above to swap in a different company.

Virtu Financial, Inc. is the larger business by last-quarter revenue ($969.9M vs $747.5M, roughly 1.3× Installed Building Products, Inc.). Virtu Financial, Inc. runs the higher net margin — 14.4% vs 10.2%, a 4.2% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (16.3% vs -0.4%). Virtu Financial, Inc. produced more free cash flow last quarter ($495.6M vs $49.3M). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (22.8% 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.

Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.

IBP vs VIRT — Head-to-Head

Bigger by revenue
VIRT
VIRT
1.3× larger
VIRT
$969.9M
$747.5M
IBP
Growing faster (revenue YoY)
VIRT
VIRT
+16.6% gap
VIRT
16.3%
-0.4%
IBP
Higher net margin
VIRT
VIRT
4.2% more per $
VIRT
14.4%
10.2%
IBP
More free cash flow
VIRT
VIRT
$446.3M more FCF
VIRT
$495.6M
$49.3M
IBP
Faster 2-yr revenue CAGR
VIRT
VIRT
Annualised
VIRT
22.8%
3.9%
IBP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IBP
IBP
VIRT
VIRT
Revenue
$747.5M
$969.9M
Net Profit
$76.6M
$139.9M
Gross Margin
35.0%
Operating Margin
14.6%
35.4%
Net Margin
10.2%
14.4%
Revenue YoY
-0.4%
16.3%
Net Profit YoY
14.5%
48.7%
EPS (diluted)
$2.81
$1.54

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
VIRT
VIRT
Q4 25
$747.5M
$969.9M
Q3 25
$778.2M
$824.8M
Q2 25
$760.3M
$999.6M
Q1 25
$684.8M
$837.9M
Q4 24
$750.2M
$834.3M
Q3 24
$760.6M
$706.8M
Q2 24
$737.6M
$693.0M
Q1 24
$692.9M
$642.8M
Net Profit
IBP
IBP
VIRT
VIRT
Q4 25
$76.6M
$139.9M
Q3 25
$74.4M
$77.6M
Q2 25
$69.0M
$151.2M
Q1 25
$45.4M
$99.7M
Q4 24
$66.9M
$94.1M
Q3 24
$68.6M
$60.0M
Q2 24
$65.2M
$66.6M
Q1 24
$55.9M
$55.8M
Gross Margin
IBP
IBP
VIRT
VIRT
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
VIRT
VIRT
Q4 25
14.6%
35.4%
Q3 25
13.7%
21.8%
Q2 25
13.3%
34.7%
Q1 25
10.2%
26.7%
Q4 24
13.1%
24.3%
Q3 24
13.3%
20.8%
Q2 24
12.9%
22.4%
Q1 24
12.7%
21.8%
Net Margin
IBP
IBP
VIRT
VIRT
Q4 25
10.2%
14.4%
Q3 25
9.6%
9.4%
Q2 25
9.1%
15.1%
Q1 25
6.6%
11.9%
Q4 24
8.9%
11.3%
Q3 24
9.0%
8.5%
Q2 24
8.8%
9.6%
Q1 24
8.1%
8.7%
EPS (diluted)
IBP
IBP
VIRT
VIRT
Q4 25
$2.81
$1.54
Q3 25
$2.74
$0.86
Q2 25
$2.52
$1.65
Q1 25
$1.64
$1.08
Q4 24
$2.39
$1.03
Q3 24
$2.44
$0.64
Q2 24
$2.30
$0.71
Q1 24
$1.97
$0.59

Balance Sheet & Financial Strength

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

Metric
IBP
IBP
VIRT
VIRT
Cash + ST InvestmentsLiquidity on hand
$321.9M
$1.1B
Total DebtLower is stronger
$886.6M
$2.0B
Stockholders' EquityBook value
$709.9M
$1.6B
Total Assets
$2.1B
$20.2B
Debt / EquityLower = less leverage
1.25×
1.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IBP
IBP
VIRT
VIRT
Q4 25
$321.9M
$1.1B
Q3 25
$333.3M
$707.9M
Q2 25
$305.2M
$752.1M
Q1 25
$298.7M
$723.6M
Q4 24
$327.6M
$872.5M
Q3 24
$406.2M
$701.4M
Q2 24
$380.3M
$684.8M
Q1 24
$399.9M
$399.6M
Total Debt
IBP
IBP
VIRT
VIRT
Q4 25
$886.6M
$2.0B
Q3 25
$880.8M
$2.0B
Q2 25
$876.1M
$1.7B
Q1 25
$872.4M
$1.7B
Q4 24
$874.8M
$1.7B
Q3 24
$872.3M
$1.7B
Q2 24
$875.8M
$1.7B
Q1 24
$875.0M
$1.7B
Stockholders' Equity
IBP
IBP
VIRT
VIRT
Q4 25
$709.9M
$1.6B
Q3 25
$678.6M
$1.5B
Q2 25
$664.5M
$1.4B
Q1 25
$660.9M
$1.3B
Q4 24
$705.3M
$1.3B
Q3 24
$716.4M
$1.2B
Q2 24
$685.3M
$1.2B
Q1 24
$679.2M
$1.2B
Total Assets
IBP
IBP
VIRT
VIRT
Q4 25
$2.1B
$20.2B
Q3 25
$2.1B
$21.3B
Q2 25
$2.0B
$19.3B
Q1 25
$2.0B
$17.5B
Q4 24
$2.1B
$15.4B
Q3 24
$2.1B
$14.4B
Q2 24
$2.0B
$13.9B
Q1 24
$2.0B
$12.8B
Debt / Equity
IBP
IBP
VIRT
VIRT
Q4 25
1.25×
1.29×
Q3 25
1.30×
1.40×
Q2 25
1.32×
1.24×
Q1 25
1.32×
1.33×
Q4 24
1.24×
1.39×
Q3 24
1.22×
1.41×
Q2 24
1.28×
1.41×
Q1 24
1.29×
1.42×

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
VIRT
VIRT
Operating Cash FlowLast quarter
$64.9M
$518.4M
Free Cash FlowOCF − Capex
$49.3M
$495.6M
FCF MarginFCF / Revenue
6.6%
51.1%
Capex IntensityCapex / Revenue
2.1%
2.4%
Cash ConversionOCF / Net Profit
0.85×
3.71×
TTM Free Cash FlowTrailing 4 quarters
$300.8M
$485.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IBP
IBP
VIRT
VIRT
Q4 25
$64.9M
$518.4M
Q3 25
$124.0M
$-68.7M
Q2 25
$90.4M
$62.8M
Q1 25
$92.1M
$15.0M
Q4 24
$74.8M
$599.0M
Q3 24
$101.4M
$112.1M
Q2 24
$79.0M
$490.8M
Q1 24
$84.8M
$-395.4M
Free Cash Flow
IBP
IBP
VIRT
VIRT
Q4 25
$49.3M
$495.6M
Q3 25
$104.8M
$-76.7M
Q2 25
$74.8M
$57.6M
Q1 25
$71.9M
$9.2M
Q4 24
$52.9M
$586.6M
Q3 24
$77.3M
$106.2M
Q2 24
$58.2M
$486.9M
Q1 24
$63.0M
$-398.2M
FCF Margin
IBP
IBP
VIRT
VIRT
Q4 25
6.6%
51.1%
Q3 25
13.5%
-9.3%
Q2 25
9.8%
5.8%
Q1 25
10.5%
1.1%
Q4 24
7.1%
70.3%
Q3 24
10.2%
15.0%
Q2 24
7.9%
70.3%
Q1 24
9.1%
-61.9%
Capex Intensity
IBP
IBP
VIRT
VIRT
Q4 25
2.1%
2.4%
Q3 25
2.5%
1.0%
Q2 25
2.1%
0.5%
Q1 25
2.9%
0.7%
Q4 24
2.9%
1.5%
Q3 24
3.2%
0.8%
Q2 24
2.8%
0.6%
Q1 24
3.1%
0.4%
Cash Conversion
IBP
IBP
VIRT
VIRT
Q4 25
0.85×
3.71×
Q3 25
1.67×
-0.89×
Q2 25
1.31×
0.42×
Q1 25
2.03×
0.15×
Q4 24
1.12×
6.37×
Q3 24
1.48×
1.87×
Q2 24
1.21×
7.37×
Q1 24
1.52×
-7.08×

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%

VIRT
VIRT

Segment breakdown not available.

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