Residential Remodelers - Market Size, Financial Statistics, Industry Trends

Industry Overview

This U.S. industry comprises establishments primarily responsible for the remodeling construction (including additions, alterations, reconstruction, maintenance, and repairs) of houses and other residential buildings, single-family and multifamily. Included in this industry are remodeling general contractors, for-sale remodelers, remodeling design-build firms, and remodeling project construction management firms. Cross-References. Establishments primarily engaged in--
Source: U.S. Census Bureau

Residential Remodelers Market Size

This report includes historical and forecasted market sizes and industry trends for Residential Remodelers. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Residential Remodelers industry.

Historical Forecasted
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Market Size (Total Revenue)

Included in Report

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

Industry Revenue ($ Billions)

Residential Remodelers Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Residential Remodelers Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Residential Remodelers industry.

Geographic Breakdown by U.S. State

Residential Remodelers market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Residential Remodelers companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Residential Remodelers
Small Business (< 5 Employees)

Included

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

Industry 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" Residential Remodelers company (both public and private companies are included).

Industry Average Percent of Sales
Total Revenue

Included

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


Financial Ratio Analysis

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

Financial RatioIndustry Average
Profitability Ratios

Included

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

Compensation and Salary Surveys

Salary information for employees working in the Residential Remodelers industry.

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 10%

Included

Chief Executives 0%
General and Operations Managers 3%
Other Management Occupations 6%
Construction Managers 6%
Construction Managers 6%
Office and Administrative Support Occupations 13%
Construction and Extraction Occupations 63%
Supervisors of Construction and Extraction Workers 9%
First-Line Supervisors of Construction Trades and Extraction Workers 9%
First-Line Supervisors of Construction Trades and Extraction Workers 9%
Construction Trades Workers 52%
Carpenters 28%
Carpenters 28%
Construction Laborers 16%
Construction Laborers 16%

Government Contracts

The federal government spent an annual total of $100,665,932 on the Residential Remodelers industry. It has awarded 995 contracts to 163 companies, with an average value of $617,582 per company.

Top Companies in Residential Remodelers and Adjacent Industries

Company Address Revenue
($ Millions)

Included