Remodeling & Restoration Contractors – Industry Analysis, Statistics, Trends, and Forecasts
See the following sections listed below to view available resources by category:
For guides to other industries, see our index of over 400 industries.
Industry Analysis, Statistics, Trends, and Forecasts
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
Hanley Wood, LLC
Monthly trade publication features news and information for business owners and managers, with special features including the annual "Top 550 Report" which ranks the top firms in four categories (e.g., full-service remodeler, replacement contractor, insurance restoration firm, and franchise) by annual sales and also includes information on number of jobs and average job size for each firm.
National Association of the Remodeling Industry
Publications available from this trade association include:
Business Pulse Survey
Quarterly survey provides information on current business conditions for remodelers in terms of sales, number of job inquiries, request for bids, conversion of bids to jobs, and sales value of jobs sold and expectations for the quarter ahead, and also includes comments from survey participants regarding factors affecting current and future sales trends. Current and prior surveys are available free online.
NARI Member Profile Study
Annual study provides a detailed profile of NARI remodeler members, with information provided in the study including type of organization, ownership structure, number of years in business, number of locations, number of employees, types of work performed, types of services offered, number of projects completed, average project size, annual gross sales, and outlook for next twelve months.
Grand View Media Group
Publications available from this organization include:
Monthly trade journal features news and information for cleaning and restoration professionals, with topics covered in the magazine including business management, field operations, marketing and advertising, and equipment and tools, and special features including summary highlights and data from the "Carpet Cleaning Benchmarking Survey" and "Restoration Benchmarking Survey" reports.
Restoration Benchmarking Survey
Annual survey provides a statistical overview of this service sector, with topics covered in the survey including business demographics, services offered, commercial and residential mix, most profitable services, and charges per hour and unit. Survey highlights are included in Cleanfax magazine with the full report which includes summaries of participant responses available online with registration.
Restoration Industry Association
Resources available from this trade association include:
Monthly technical journal features news and information for cleaning and damage restoration industry professionals, with topics covered in various issues of the magazine including business management, marketing insights, new products and services, technical information, new technology, environmental and health issues, legal and regulatory issues, and safety, insurance, and risk management issues.
Comprehensive glossary of fire and water damage restoration terms developed by the RIA Restoration Council provides standard definitions for words and phrases commonly used by industry professionals in preparing job estimates, contracts, scopes of work, reports, and invoices. Complete publication is downloadable in a PDF format that also works well on hand-held devices as an easy reference tool.
Market analysis report provides industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.
For more industry research reports and other resources, see the following resource guide.
Financial Statements and Financial Ratios
Remodeling Contractors / Fire and Water Damage Restoration Contractors
https://www.bizminer.com Search for "236118"
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
National Association of Home Builders
Remodelers' Cost of Doing Business Study
Cost of doing business study provides financial and operating performance measures for remodelers by type of operation (e.g., all, general, design-build), with data provided in the study including cost of sales, operating expenses, owners compensation, net profit, profit margins, balance sheet data, and key financial ratios. Detailed table of contents with a list of tables and figures is available free online.
Compensation and Salary Surveys
Grand View Media Group
Restoration Benchmarking Survey
Annual benchmarking survey provides a statistical overview of this service sector, with compensation data provided in the survey including owner compensation and starting and average hourly wage rates for technicians by geographic region. Survey highlights are included in Cleanfax magazine with the full report which includes summaries of survey participant responses available free online with registration.
Residential Remodeling / Fire and Water Damage Restoration
https://www.payscale.com/remodeling / restoration
Free online service provides median salary and hourly wage rates for residential remodeling and fire and water damage restoration contractors, with job positions for which salary or hourly wage data is provided including project estimator, project manager, office manager, interior designer, job foreman, crew chief, lead carpenter, general carpenter, finish carpenter, field service technician, and laborer.
Business Valuation Resources
Building Materials and Home Improvement Stores
Carpet and Upholstery Cleaning Services
Home Builders and Residential Contractors
Janitorial and Cleaning Services
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