Carters vs Installed Building Products
Carters and Installed Building Products are similar in size: $2.90bn and $2.97bn of revenue in their latest fiscal years. Carters grew faster (1.9% against 1.0%). Installed Building Products kept more of each dollar of sales as profit: a net margin of 8.9% against 3.2%. Carters carries less debt relative to equity (62.2% against 124.9%).
| Latest fiscal year | CartersCRI, 2025 | Installed Building ProductsIBP, 2025 |
|---|---|---|
| Revenue | $2.90bn | $2.97bn |
| Revenue growth | 1.9% | 1.0% |
| Net income | $91.8m | $265m |
| Operating margin | 5.0% | 13.0% |
| Net margin | 3.2% | 8.9% |
| Return on equity | 10.3% | 37.5% |
| Free cash flow | $68.6m | $301m |
| Cash | $487m | $322m |
| Total debt | $575m | $887m |
| Debt to equity | 62.2% | 124.9% |
| Dividend per share | $1.55 | $3.18 |
| Dividend yield | 3.1% | 1.5% |
| Share buybacks | $0 | $173m |
| Employees | 15,400 | 10,400 |
| Market value | $1.14bn | $5.64bn |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 69 (Moderate) | 69 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 27 buys, 7 sales |