2024 Home Improvement Centers Industry Research Report

Home Improvement Centers - Market Size and Industry Forecast

The 2024 Home Improvement Centers Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the home improvement centers industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

Lock

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Home Improvement Centers - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Home Improvement Centers companies in the United States.

Home Improvement Centers Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesHome Improvement Centers
Small Business (< 5 Employees)

Lock

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Home Improvement Centers - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Lock

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Home Improvement Centers - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Lock

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Home Improvement Centers - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Lock

Dimensional lumber & other bldg/structural materials & supplies
Hardware, tools, & plumbing & electrical supplies
Lawn, garden, & farm equipment & supplies
Kitchen & bath cabinets & countertops
Flooring & floor coverings
Paint & sundries
Electrical supplies
Plumbing fixtures & supplies
Tools & equipment

Home Improvement Centers - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%

Lock

Chief Executives0%
General and Operations Managers2%
Sales and Related Occupations58%
Supervisors of Sales Workers8%
First-Line Supervisors of Sales Workers8%
First-Line Supervisors of Retail Sales Workers8%
Retail Sales Workers47%
Cashiers10%
Cashiers10%
Retail Salespersons37%
Retail Salespersons37%
Office and Administrative Support Occupations22%
Information and Record Clerks7%
Customer Service Representatives6%
Customer Service Representatives6%
Material Recording, Scheduling, Dispatching, and Distributing Workers10%
Stock Clerks and Order Fillers8%
Stock Clerks and Order Fillers8%
Transportation and Material Moving Occupations10%
Material Moving Workers6%
Laborers and Material Movers, Hand5%
Laborers and Freight, Stock, and Material Movers, Hand5%

Government Contracts

In the past, the federal government spent an annual total of $13,476,493 on the home improvement centers industry. It has awarded 158 contracts to 32 companies, with an average value of $421,140 per company.

Home Improvement Centers and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

Lock





Home Improvement Centers Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

Related Market Research Reports

Building Material & Garden Equipment & Supplies Dealers
Building Material & Supplies Dealers
Home Improvement Centers
Paint & Wallpaper Stores
Hardware Stores
Lawn & Garden Equipment & Supplies Stores
Outdoor Power Equipment Stores
Nursery, Garden Center & Farm Supply Stores