{
 "company": "Installed Building Products, Inc.",
 "ticker": "IBP",
 "sector": "Residential Construction",
 "asOf": {
  "date": "2026-06",
  "label": "June 2026"
 },
 "fiscalYearEnd": null,
 "revenueUsdM": 2970.8,
 "normalizedSga": {
  "pctRevenue": 19.39,
  "peerCount": 18,
  "peerMedianPctRevenue": 11.5,
  "peerLeanQuartilePctRevenue": 8.6,
  "peers": [
   {
    "ticker": "PHM",
    "name": "PulteGroup, Inc.",
    "normalizedSgaPctRevenue": 8.62
   },
   {
    "ticker": "DHI",
    "name": "D.R. Horton, Inc.",
    "normalizedSgaPctRevenue": 10.46
   },
   {
    "ticker": "LEN",
    "name": "Lennar Corporation",
    "normalizedSgaPctRevenue": 7.22
   },
   {
    "ticker": "TOL",
    "name": "Toll Brothers, Inc.",
    "normalizedSgaPctRevenue": 13.39
   },
   {
    "ticker": "TMHC",
    "name": "Taylor Morrison Home Corporation",
    "normalizedSgaPctRevenue": 8.6
   },
   {
    "ticker": "DFH",
    "name": "Dream Finders Homes, Inc.",
    "normalizedSgaPctRevenue": 11.22
   },
   {
    "ticker": "LGIH",
    "name": "LGI Homes, Inc.",
    "normalizedSgaPctRevenue": 13.7
   },
   {
    "ticker": "BZH",
    "name": "Beazer Homes USA, Inc.",
    "normalizedSgaPctRevenue": 8.64
   },
   {
    "ticker": "LEGH",
    "name": "Legacy Housing Corporation",
    "normalizedSgaPctRevenue": 17.98
   },
   {
    "ticker": "SDHC",
    "name": "Smith Douglas Homes Corp.",
    "normalizedSgaPctRevenue": 13.44
   },
   {
    "ticker": "NOBH",
    "name": "Nobility Homes, Inc.",
    "normalizedSgaPctRevenue": 12.33
   },
   {
    "ticker": "SKY",
    "name": "Champion Homes, Inc.",
    "normalizedSgaPctRevenue": 16.99
   },
   {
    "ticker": "CVCO",
    "name": "Cavco Industries, Inc.",
    "normalizedSgaPctRevenue": 13.05
   },
   {
    "ticker": "MHO",
    "name": "M/I Homes, Inc.",
    "normalizedSgaPctRevenue": 11.56
   },
   {
    "ticker": "KBH",
    "name": "KB Home",
    "normalizedSgaPctRevenue": 7.12
   },
   {
    "ticker": "GRBK",
    "name": "Green Brick Partners, Inc.",
    "normalizedSgaPctRevenue": 10.85
   },
   {
    "ticker": "CCS",
    "name": "Century Communities, Inc.",
    "normalizedSgaPctRevenue": 11.48
   }
  ],
  "definition": "Reported SG&A less the disclosed lines that distort comparison: advertising, R&D, pension, stock-based compensation, restructuring and one-time items, plus logistics reclassed where filers park it in SG&A."
 },
 "disclosedLines": [
  {
   "key": "advertising",
   "label": "Advertising",
   "pctRevenue": 0.2,
   "companiesDisclosing": 12,
   "peersDisclosing": [
    {
     "ticker": "PHM",
     "pctRevenue": 0.47
    },
    {
     "ticker": "DHI",
     "pctRevenue": 0.32
    },
    {
     "ticker": "LEN",
     "pctRevenue": 0.62
    },
    {
     "ticker": "TOL",
     "pctRevenue": 1.08
    },
    {
     "ticker": "LGIH",
     "pctRevenue": 2.36
    },
    {
     "ticker": "BZH",
     "pctRevenue": 2.73
    },
    {
     "ticker": "SDHC",
     "pctRevenue": 0.96
    },
    {
     "ticker": "NOBH",
     "pctRevenue": 0.38
    },
    {
     "ticker": "CVCO",
     "pctRevenue": 0.24
    },
    {
     "ticker": "GRBK",
     "pctRevenue": 0.18
    },
    {
     "ticker": "CCS",
     "pctRevenue": 0.78
    }
   ],
   "note": "Brand spend is not the overhead question here."
  },
  {
   "key": "stock_comp",
   "label": "Stock-based comp",
   "pctRevenue": 0.72,
   "companiesDisclosing": 16,
   "peersDisclosing": [
    {
     "ticker": "PHM",
     "pctRevenue": 0.32
    },
    {
     "ticker": "DHI",
     "pctRevenue": 0.38
    },
    {
     "ticker": "LEN",
     "pctRevenue": 0.48
    },
    {
     "ticker": "TOL",
     "pctRevenue": 0.43
    },
    {
     "ticker": "DFH",
     "pctRevenue": 0.58
    },
    {
     "ticker": "LGIH",
     "pctRevenue": 0.35
    },
    {
     "ticker": "BZH",
     "pctRevenue": 0.31
    },
    {
     "ticker": "LEGH",
     "pctRevenue": 0.3
    },
    {
     "ticker": "SDHC",
     "pctRevenue": 0.38
    },
    {
     "ticker": "NOBH",
     "pctRevenue": 0.38
    },
    {
     "ticker": "SKY",
     "pctRevenue": 0.78
    },
    {
     "ticker": "CVCO",
     "pctRevenue": 0.57
    },
    {
     "ticker": "MHO",
     "pctRevenue": 0.38
    },
    {
     "ticker": "GRBK",
     "pctRevenue": 0.59
    },
    {
     "ticker": "CCS",
     "pctRevenue": 0.49
    }
   ],
   "note": "Above the peer median; equity compensation adds to the overhead load."
  }
 ],
 "gapToPeers": {
  "toPeerMedian": {
   "usdM": 234,
   "bps": 787
  },
  "toLeanQuartile": {
   "usdM": 306,
   "bps": 1030
  }
 },
 "tsrBridge": [
  {
   "label": "1 year",
   "span": "FY2024 to FY2025",
   "companyTsrPct": 51,
   "peerTsrPct": -11,
   "driverPp": {
    "Revenue growth": 4.5,
    "Gross margin": 20.2,
    "SG&A": 3.5,
    "Multiple": 30.5,
    "Other": 2.8
   }
  },
  {
   "label": "3 years",
   "span": "FY2022 to FY2025",
   "companyTsrPct": 218,
   "peerTsrPct": 91,
   "driverPp": {
    "Revenue growth": 10.6,
    "Gross margin": 61.4,
    "SG&A": -14.1,
    "Multiple": 58.9,
    "Other": 10.0
   }
  },
  {
   "label": "5 years",
   "span": "FY2020 to FY2025",
   "companyTsrPct": 176,
   "peerTsrPct": 133,
   "driverPp": {
    "Revenue growth": 20,
    "Gross margin": 8.3,
    "SG&A": -5.8,
    "Multiple": 21.6,
    "Other": -1.4
   }
  },
  {
   "label": "10 years",
   "span": "FY2016 to FY2025",
   "companyTsrPct": 582,
   "peerTsrPct": 309,
   "driverPp": {
    "Revenue growth": 25.5,
    "Gross margin": 44.1,
    "SG&A": -0.6,
    "Multiple": 107.4,
    "Other": 96.2
   }
  }
 ],
 "recentQuarter": null,
 "sources": [
  "10-K and 10-Q filings (US GAAP)",
  "XBRL company facts",
  "earnings releases"
 ],
 "urls": {
  "briefing": "https://sgabenchmarking.com/r/IBP",
  "json": "https://sgabenchmarking.com/r/IBP.json",
  "industryBenchmarks": "https://sgabenchmarking.com/catalog.json"
 },
 "publisher": "SG&A Benchmarking, https://sgabenchmarking.com"
}