Installed Building Products, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
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Item 2. Properties
Real Property
We lease office and warehouse space in 42 states, including our corporate office in Columbus, Ohio. Our leases are typically short in duration with customary extensions at our option. We believe suitable alternative space is available in all of our markets. We also own one of our cellulose manufacturing facilities that is located in Bucyrus, Ohio. We believe that our facilities are suitable and adequate for present purposes, and that the productive capacity in such facilities is substantially being utilized. The table below summarizes our locations as of December 31, 2025.
| State | Number of Locations | Approximate Total SquareFootage | State | Number of Locations | Approximate Total SquareFootage |
|---|---|---|---|---|---|
| Alabama | 2 | 24,250 | Nebraska | 2 | 23,241 |
| Arizona | 3 | 54,631 | Nevada | 3 | 20,310 |
| California | 30 | 324,719 | New Hampshire | 10 | 81,365 |
| Colorado | 14 | 175,148 | New Jersey | 8 | 128,037 |
| Connecticut | 3 | 47,057 | New York | 10 | 102,930 |
| Delaware | 5 | 53,575 | North Carolina | 21 | 475,109 |
| Florida | 30 | 304,065 | North Dakota | 2 | 9,752 |
| Georgia | 13 | 198,231 | Ohio | 15 | 469,674 |
| Idaho | 3 | 43,000 | Oklahoma | 5 | 50,523 |
| Illinois | 8 | 128,891 | Oregon | 2 | 32,928 |
| Indiana | 13 | 269,371 | Pennsylvania | 6 | 101,909 |
| Kansas | 2 | 74,206 | Rhode Island | 5 | 35,188 |
| Kentucky | 2 | 24,000 | South Carolina | 9 | 129,006 |
| Louisiana | 2 | 25,535 | South Dakota | 4 | 77,713 |
| Maine | 2 | 46,530 | Tennessee | 8 | 235,317 |
| Maryland | 5 | 65,110 | Texas | 17 | 365,981 |
| Massachusetts | 5 | 51,303 | Utah | 5 | 123,309 |
| Michigan | 3 | 42,192 | Vermont | 2 | 37,320 |
| Minnesota | 11 | 292,299 | Virginia | 7 | 97,582 |
| Missouri | 2 | 17,536 | Washington | 13 | 196,816 |
| Montana | 4 | 42,376 | Wisconsin | 11 | 212,327 |
Our Fleet
As of December 31, 2025, our fleet consisted of approximately 6,100 total vehicles that we either leased or owned, including approximately 5,800 installation vehicles that our installers use to deliver and install products from our locations to job sites, and approximately 300 other vehicles that are utilized for various purposes, primarily by our distribution operations, sales staff, branch managers and various senior management personnel. For additional information on our fleet financing, see Note 8, Long-term Debt in Part II, Item 8, Financial Statements and Supplementary Data, of this Form 10-K.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.