Installed Building Products vs Champion Homes
Installed Building Products and Champion Homes are similar in size: $2.97bn and $2.66bn of revenue in their latest fiscal years. Champion Homes grew faster (7.3% against 1.0%). Installed Building Products kept more of each dollar of sales as profit: a net margin of 8.9% against 7.8%. Champion Homes carries less debt relative to equity (1.5% against 124.9%).
| Latest fiscal year | Installed Building ProductsIBP, 2025 | Champion HomesSKY, 2026 |
|---|---|---|
| Revenue | $2.97bn | $2.66bn |
| Revenue growth | 1.0% | 7.3% |
| Net income | $265m | $207m |
| Operating margin | 13.0% | 9.5% |
| Net margin | 8.9% | 7.8% |
| Return on equity | 37.5% | 13.3% |
| Free cash flow | $301m | $270m |
| Cash | $322m | $638m |
| Total debt | $887m | $23.8m |
| Debt to equity | 124.9% | 1.5% |
| Dividend per share | $3.18 | — |
| Dividend yield | 1.5% | — |
| Share buybacks | $173m | $200m |
| Employees | 10,400 | — |
| Market value | $5.64bn | $4.79bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 69 (Moderate) | 51 (Moderate) |
| Insider trades, 12 months | 27 buys, 7 sales | 0 buys, 10 sales |