Installed Building Products Gross Margin 2012-2024 | IBP
- Installed Building Products average gross margin for 2023 was 32.48%, a 6.67% increase from 2022.
- Installed Building Products average gross margin for 2022 was 30.45%, a 0.4% increase from 2021.
- Installed Building Products average gross margin for 2021 was 30.33%, a 0% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.