Industry Report: Roofing Contractors
This month’s Industry Report includes the metrics and common size information for Roofing Contractors.
You already have your financial statements in hand, you know your metrics, now let us provide some information that will help you see how you compare to your competition.
We have provided key financial metrics through 2019 for Roofing Contractors. We have also provided common size information to see how your balance sheet and income statement compares to your competition.
For 2019 alone, there are 15 companies factored into the averages below. Gross profit margins of 25.25% increased slightly from 2018 margins of 24.50% while sales growth showed significant improvement from -6.46% in 2018 to -2.57% in 2019.
Use this information to identify areas where you are doing well, or areas where you may have an opportunity to improve. Or, just use it to support future decisions.
Click on the links below to view the metrics and common size information for Roofing Contractors.
Roofing Contractors – Industry Financial Data and Ratios
Roofing Contractors – Industry Data Common Size
Would you like us to give you more details on how your company compares? Would you like to see more refined results specific to your state, region, or sales range? Contact Dan Sturm, Partner at McKonly & Asbury via our contact page if you would like to discuss any of this information further.
About the Author
McKonly & Asbury is a Certified Public Accounting Firm serving companies across Pennsylvania including Camp Hill, Lancaster, Bloomsburg, and Philadelphia. We serve the needs of affordable housing, construction, family-owned businesses, healthcare, manufacturing and distribution, and nonprofit industries. We also assist service organizations with the full suite of SOC services (including SOC 2 reports), ERTC claims, internal audits, SOX compliance, and employee benefit plan audits.
