Plumbing, Heating & Air-Conditioning Contractors Industry - Market Research, Statistics, and Financial Data

Plumbing, Heating & Air-Conditioning Contractors - Market Size and Industry Forecast

This Plumbing, Heating and Air-Conditioning Contractors report analyzes current industry size and predicts future trends. It provides overall industry revenue from 2014 through the present, and predicts industry growth and decline through 2024. Total revenue includes both public and private companies.

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Market Size (Total Revenue)


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

Industry Revenue ($ Billions)

Plumbing, Heating & Air-Conditioning Contractors Industry Revenue
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020

Historical market size and five-year projections show growth trends in industry sales and revenue. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services sold. Growth and decline in the industry shows total opportunity for companies. The plumbing, heating & air-conditioning contractors research report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. Market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Plumbing, Heating & Air-Conditioning Contractors - Geographic Breakdown by U.S. State

Market size by state evaluates local opportunity and measures 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 plumbing, heating & air-conditioning contractors companies in the United States.

Plumbing, Heating & Air-Conditioning Contractors Revenue by State

Market Share by State

Plumbing, Heating & Air-Conditioning Contractors - Distribution by Company Size

Company Size All Industries Plumbing, Heating & Air-Conditioning Contractors
Small Business (< 5 Employees)


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

Plumbing, Heating & Air-Conditioning Contractors - 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 Average Percent of Sales
Total Revenue


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



Depreciation and Amortization

Officer Compensation

Net Income

Plumbing, Heating & Air-Conditioning Contractors - Financial Ratio Analysis

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

Financial RatioIndustry Average
Profitability Ratios


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

Plumbing, Heating & Air-Conditioning Contractors - Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 5%


Chief Executives 0%
General and Operations Managers 2%
Office and Administrative Support Occupations 13%
Construction and Extraction Occupations 47%
Construction Trades Workers 40%
Pipelayers, Plumbers, Pipefitters, and Steamfitters 29%
Plumbers, Pipefitters, and Steamfitters 29%
Sheet Metal Workers 6%
Sheet Metal Workers 6%
Installation, Maintenance, and Repair Occupations 26%
Other Installation, Maintenance, and Repair Occupations 24%
Heating, Air Conditioning, and Refrigeration Mechanics and Installers 21%
Heating, Air Conditioning, and Refrigeration Mechanics and Installers 21%

Plumbing, Heating & Air-Conditioning Contractors - Government Contracts

In 2008, the federal government spent a total of $859,262,445 on the plumbing, heating & air-conditioning contractors industry. It has awarded 9,041 contracts to 2,350 companies, with an average value of $365,644 per company.

Plumbing, Heating & Air-Conditioning Contractors and Adjacent Industries · Top Companies

Company Address Revenue
($ Millions)


Plumbing, Heating & Air-Conditioning Contractors Industry Report
Geography United States  
Publication Date June 2019
Report Format PDF Download  
Price $999.99

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