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Roofing Industry Growth Continues To Increase, According To Data

roofing contractor profit margins

For the fourth consecutive year, new home construction and storm-related damage repairs, increased profitability for U.S. roofing contractors. Plus, increases of sales are in the double digits again! According to the 12-month report ending in May from financial company Sageworks, sales among private roofing contractors have increased and average of 14 percent in the last 12 months.

Sales already increased 15 percent in 2016, then growth slowed to 13.5 percent in 2017. Still, even in the 12 months ending in 2017, they noted growth. Now growth continues and it continues to rise at an increasing rate again.

Thanks to new technologies, the profit margins also increased. This is great news for the roofing industries and the roofing contractors across the nation.

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