On this page of Benford's Law Stocks.com we present our study of Installed Building Products, Inc. — ticker symbol IBP. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 8/6/2020 to 5/8/2025 for Installed Building Products, Inc. under CIK number 0001580905. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for IBP, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Installed Building Products, Inc. based on the past IBP filings our system processed in the past.
24.6
20.0
15.4
10.2
8.4
8.6
4.5
5.5
2.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, IBP stockholder letter ]
Total numbers found: 764
Recent share count: 27,610,885 (2's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
764
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 8 numbers to move any given column by a full percentage point.
78

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 3's percentage was above the typical coverage universe range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the company's typical historical range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 8's percentage was above the company's typical historical range.
 • We deducted point upon observing the 9's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 9's percentage was below the company's typical historical range.
Benford's Law Stocks Indicator
IBP
Normal score compared to other filers, falling within the middle 50%.
EPAC
GIS
KNX
MMI
GBTG
HE
JOE
LOB
Check our work! We provide our Installed Building Products, Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the IBP filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 188 numbers that start with the digit 1. Here they are:
11.3
10.7
198.4
194.6
1,054.9
176.4
174.8
176.2
178.8
1,999.3
142.3
146.6
1,338.4
1,354.6
100,000,000
1,999.3
108.4
102.6
10.1
10.7
11.9
15.9
1.8
1.7
1.65
1.98
1.64
1.97
1.95
1,409
1.95
15,499
1.5
1.5
16.3
13.8
10.1
10.7
1.4
1.1
12.4
11.4
1.6
1.4
11.6
19.7
17.0
1.4
142.9
1.3
133.0
1.5
13.4
14.7
15.5
10.2
1.2
110.4
17
113.0
16
100
100
17.3
17.0
100
100
18.3
19.7
132.5
128.5
16.6
150.9
10.7
1.8
11.3
100.7
100.7
100.7
176.2
178.8
141.2
139.5
117.2
1.7
1.8
1.9
1.8
1.8
104.3
103.5
104.1
103.5
12.3
10.3
1.0
1.0
13.5
11.5
1.7
1.3
10.2
1
11.8
11.8
1.4
105.3
106.7
1.0
10.2
14.1
14.1
14.1
11.3
11.8
1.9
1.0
15.2
12.9
153.9
146.6
11.5
100.0
1.32
100.0
1.32
100.0
1.7
1.8
1.0
1.8
11.2
1.1
1.1
171.47
1.70
10.2
10.1
1.60
10.0
18.5
1.1
1.0
19
105,957
156.41
131,134
133.04
18,511
170.99
170.99
151.11
171.91
154
123,398
158.61
177,690
142.98
1.2
1.9
1.9
1
1
12.9
1
1.7
1.5
1.2
1.4
1.1
100
16.9
168.75
12.0
14.4
17.3
17.3
12.3
11.4
10.8
1.5
1.7
1.5
1.65
1.64
1
1.1
178
We found 153 numbers that start with the digit 2. Here they are:
27,615,447
298.7
28.8
2,059.9
2.8
2.8
24.4
26.3
27,610,399
27,758,491
268.4
261.3
29.7
2,059.9
223.7
234.5
2
20.5
27,517,419
28,171,444
27,695,912
28,385,001
2.07
244.7
2
2
2
2
248.7
261.3
2
2
2.07
200,000
268.4
29.7
2.1
2
2.4
24.7
20.2
21.8
26.1
21.1
2
28.9
298.7
2
2.8
250
26.5
27.4
20.5
20.7
216.7
248.4
28.2
24.0
28.2
24.0
2.1
255.2
296.7
2.8
2.8
2
2
214.6
207.6
28.0
27.1
21.8
21.6
2
21.6
21.6
266.9
270.5
29.6
28.0
25.2
298.3
298.2
25.0
29.3
24.7
2.8
2.8
2
2
2
2
2
2.5
29.4
2.1
20.2
20.3
2
2.8
255.2
255.2
296.7
296.7
22.3
22.3
269.3
255.2
296.7
22.3
296.9
295.0
229.5
236.6
229.5
236.6
223.7
234.5
200.0
2.93
29.7
200
20.5
28.8
27.7
242.85
27
242.85
212
242.85
242.85
2
2
21.1
2.1
25.9
26.8
22.9
22.8
2.5
2.6
2
2.8
2
2
2.5
2.8
2
2
2.05
2.03
29
214
We found 118 numbers that start with the digit 3. Here they are:
327.6
31.5
32.6
32.4
34.7
34.3
344.7
359.0
33,766,093
33,713,662
3
3
35.0
35.4
33.3
33,587,701
3
302.2
33.7
3.8
3.8
33,658,330
3
302.4
38.4
33,713,662
3
35.0
36,932
34.3
34.3
33,766,093
3
3.4
3.6
3.4
3.4
34.3
327.6
386.5
399.9
3.0
37.6
37.0
34.0
30.7
3
3
3
3
37.6
37.0
37.2
33.2
349.2
376.9
321.0
352.9
37.2
33.2
3
334.9
390.8
386.4
34.8
34.6
321.7
311.6
35.6
31.3
3.6
3.7
32.6
32.4
317.4
34.7
34.3
30.2
3.0
31.3
31.8
34.7
319.0
300.0
300.0
300.0
35.5
36.1
3.3
300.0
3.06
3.4
35.0
33.7
3.9
38.4
34.3
37
35
34
3.0
3
3
3
3.7
3
3
3
3.0
31.6
32.0
3.0
3.0
3.0
3
3
3.8
37
4's 5's 6's
We found 78 numbers that start with the digit 4. Here they are:
419.4
433.9
435.6
432.6
4.8
491.1
456.8
461.1
458.4
4
45.4
4.7
40.1
4.7
4.7
456.8
45.4
45.4
491.1
45.4
4
4
4
4.0
4.0
4.1
4
4.5
4
4
494.4
42.4
40.1
414.5
427.9
48.9
42.4
42.7
4
4
4
40.9
40.6
401.9
404.9
435.6
491.4
492.5
471.4
4.8
4.8
417.7
419.3
43.9
40.3
46
400.0
4.5
47.1
46.7
45.5
45.1
4.8
4.3
4.4
46,556
4
4
4.1
4.1
4.9
4.1
4.7
4
4
4.7
4.1
45.5
We found 64 numbers that start with the digit 5. Here they are:
53.8
5.4
5,000,000
5,955,171
55.9
5.3
5,220,363
55.9
55.9
55.5
55.5
5,221,772
5,955,171
523
5.4
5.4
57.3
57.3
5.3
5.3
55.9
5.9
5.8
5.2
56.8
54.9
5
50.3
502.8
5
5
51.1
5
5
5
502.6
505.6
57.5
55.3
588.6
582.1
5.0
5.4
5.70
5.68
5
5
5.9
5.9
5.75
500.0
5.4
5.8
5
5.9
5.5
5.9
5.0
5
5
5
5.5
5
57.7
We found 66 numbers that start with the digit 6. Here they are:
66.4
61.8
61.0
62.9
60.5
6,155,694
660.9
684.8
692.9
69.8
61.3
60.6
693.8
670.3
694.2
679.2
6,155,694
660.9
6
6
6
6
647.2
655.9
684.8
692.9
61
62
6
6
6
6
647.2
655.9
684.8
692.9
6.8
6.5
61.8
61.0
6.7
6.7
61.8
6
6
6
6
6
6
647.2
655.9
647.2
655.9
6.3
684.8
692.9
69.8
61.3
6.1
6.4
6
6
6
6
685.9
6
7's 8's 9's
We found 34 numbers that start with the digit 7. Here they are:
78.2
78.5
76.5
705.3
76.4
70,629
705.3
7.6
7
7.2
7.5
7
7
72
73
7
7
70.0
70.0
7.5
7.3
7.4
7.9
7.85
7.74
7
7
7.6
76.4
7.9
7,861
7,680
7
717.8
We found 42 numbers that start with the digit 8. Here they are:
839.8
842.4
853.6
865.5
87.9
8.3
865.5
853.6
8.8
8.0
84.8
8.3
8
8
8.8
83.7
84.2
80.9
82.3
872.4
874.8
839.8
842.4
8.4
8
8
8
8.6
87.9
8.5
8
8
8.4
8.3
858
8.1
8.7
8.0
8.3
8.8
8.8
8.3
We found 21 numbers that start with the digit 9. Here they are:
98.8
994.7
96.9
95.6
90.7
91.7
92.1
94.9
95
95
95
95
9.0
9.2
9.9
96.9
95.6
96.5
9.8
9.2
9.2
While the above IBP 10Q Filed 5/8/2025 is interesting in isolation, we have found that it is also useful to take a look at older Installed Building Products, Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/8/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical IBP 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

24.6
20.0
15.4
10.2
8.4
8.6
4.5
5.5
2.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL?   [ original filing ]
Total numbers found: 764

= Typical IBP range from 8/6/2020 to 5/8/2025
23.1
18.8
16.1
12.0
6.9
7.4
5.5
4.7
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 1,152

= Typical IBP range from 8/6/2020 to 5/8/2025
24.9
19.9
14.3
10.4
7.0
7.1
4.8
5.3
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL?   [ original filing ]
Total numbers found: 1,240

= Typical IBP range from 8/6/2020 to 5/8/2025
27.8
20.6
16.0
8.7
7.4
5.3
5.3
5.2
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 1,477

= Typical IBP range from 8/6/2020 to 5/8/2025
25.7
16.3
17.2
10.0
8.4
7.7
6.3
5.4
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 778

= Typical IBP range from 8/6/2020 to 5/8/2025
29.3
17.8
14.1
7.7
9.8
7.5
6.3
4.1
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 1,110

= Typical IBP range from 8/6/2020 to 5/8/2025
31.7
19.4
13.6
7.1
7.0
6.8
5.7
4.2
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 1,064

= Typical IBP range from 8/6/2020 to 5/8/2025
25.8
19.4
16.3
8.6
7.8
6.9
5.1
5.3
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,439

= Typical IBP range from 8/6/2020 to 5/8/2025
25.8
18.9
17.2
11.4
6.1
7.1
5.6
4.6
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 798

= Typical IBP range from 8/6/2020 to 5/8/2025
25.4
19.9
14.3
9.8
6.7
7.0
4.7
5.1
7.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL?   [ original filing ]
Total numbers found: 1,223

= Typical IBP range from 8/6/2020 to 5/8/2025
27.3
18.7
15.5
9.6
7.3
5.1
5.6
6.0
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 1,361

= Typical IBP range from 8/6/2020 to 5/8/2025
28.5
19.8
14.5
9.7
7.5
5.2
5.8
5.6
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,471

= Typical IBP range from 8/6/2020 to 5/8/2025
26.6
19.0
15.1
8.1
11.5
5.3
6.9
4.6
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 756

= Typical IBP range from 8/6/2020 to 5/8/2025
32.4
18.2
13.0
7.7
8.9
6.5
6.3
2.5
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 1,003

= Typical IBP range from 8/6/2020 to 5/8/2025
23.6
20.5
15.8
9.3
7.2
7.8
5.8
4.4
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 1,217

= Typical IBP range from 8/6/2020 to 5/8/2025
26.1
20.8
16.0
8.8
7.6
6.6
4.6
5.4
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 1,462

= Typical IBP range from 8/6/2020 to 5/8/2025
28.6
17.2
15.9
9.0
6.9
6.9
5.8
4.7
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 832

= Typical IBP range from 8/6/2020 to 5/8/2025
25.9
18.1
15.4
8.9
6.8
7.4
6.1
5.4
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 1,285

= Typical IBP range from 8/6/2020 to 5/8/2025
28.1
19.9
15.7
7.6
7.6
6.2
5.4
5.4
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,163

= Typical IBP range from 8/6/2020 to 5/8/2025
28.2
19.7
13.2
9.6
8.5
5.5
5.8
4.5
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 1,317

= Typical IBP range from 8/6/2020 to 5/8/2025
 

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