Hardware Stores – Industry Research, Analysis, Statistics, and Forecasts

SIC 5251 | NAICS 444140

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Statements and Financial Ratios

Compensation and Salary Surveys

BV Guides and Databases

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Industry Research Reports
Hardware Stores (view report)
Online Hardware & Tool Sales (view report)

Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:

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

Sample report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

The Hardware Connection, Inc.
HC Magazine
https://thehardwareconnection.com/

Monthly magazine provides news and information for independent hardware and home improvement retailers, with topics covered in various issues of this publication including consumer trends, product category reports, retailing trends, marketing and advertising strategies, store operations, technology, top retailer profiles, and product spotlights. Digital editions of the publication are available free online.

EnsembleIQ
HBS Dealer
https://www.hbsdealer.com/

Monthly trade journal features news and information for hardware stores and building supply dealers, with special reports including "The Top 300 Scoreboard" (Jul./Aug.) which ranks the top 300 retailers by annual sales and also provides information on the number of stores, primary line of business, and do-it-yourself sales percentage for each of these retailers. Selected articles are available free online.

NHPA
Publications available from this trade association include:

Hardware Retailing
https://www.hardwareretailing.com/
Monthly trade magazine features news and information for independent home improvement retailers, with online content categories including news, products, operations, merchandising, promotions, and research and guides and special features including the annual "Market Measure" report published in the December issue of the magazine which analyzes trends in the retail home improvement industry.

Market Measure
https://yournhpa.org/
Annual report analyzes trends in the retail home improvement industry, with topics covered including overall market size and sales trends, sales and number of outlets by type of store (e.g., home center, hardware, and lumberyard), financial performance by type of store, market share and combined and individual performances for the top chains, and financial profiles of publicly-held do-it-yourself chains.

Mintel Group Ltd.
DIY Home Improvement Retailing - US
https://store.mintel.com/

Comprehensive study provides a detailed analysis of this market sector from a consumer standpoint, with topics covered in the study including market size and forecast, factors affecting demand, retailer initiatives, the DIY consumer, DIY projects undertaken, reasons for undertaking DIY projects, path to purchase, influential resources, method of shopping, retailers shopped, and drivers and perceptions.

BizMiner Market Analysis Reports
Hardware Stores
https://www.bizminer.com Search for "444130" to see available reports

Market analysis reports provide 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.

More industry research reports »

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Hardware Stores

https://www.bizminer.com Search for "444130" to see available reports

Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:

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

Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Hardware Stores

(see links for individual reports) (sample spreadsheet)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and over twenty-five industry financial ratios, with financial ratios provided for the each of the four most recent calendar years and on a historical average basis for 3-year, 5-year, and 10-year time periods. Sample spreadsheet with breakdowns by asset size can be viewed free online.

NHPA
Cost of Doing Business Study
https://yournhpa.org/

Annual NHPA survey provides financial benchmarks for independent hardware stores, home centers, and lumberyards, with data provided including financial and operational statistics, income statements and balance sheets, and key financial performance ratios. Selected data from the survey is included in the "Market Measure" report published in the December edition of "Hardware Retailing" magazine.

More financial benchmarking data »

Compensation and Salary Surveys

NHPA
Employee Compensation Report
https://yournhpa.org/

Compensation report provides information on employment, compensation, and benefits practices for independent hardware stores, home centers, and lumberyards, with data provided including average annual employee turnover, average number of employees per job position, average hourly wages by job position, paid vacation, holidays, and other time off, and health insurance and retirement benefits.

PayScale, Inc.
Hardware Store
https://www.payscale.com/

Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as store manager, assistant manager, department manager, department supervisor, sales specialist, sales associate, and cashier, with employers for which salary or wage data is provided including Ace Hard ware Corporation, Do It Best Corp., True Value Company, and United Hard ware Distributing Co.

More compensation surveys »

BV Guides and Databases

BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/

Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for private company sales transaction data by SIC or NAICS Code using the following codes:

– SIC Code 5251 - Hardware Stores

– NAICS Code 444140 - Hardware Retailers

Types of establishments included in these codes

Hardware stores - establishments engaged in retailing a broad range of hardware, tools, and supplies, including builders' hardware, hand and power tools, fasteners, paint and supplies, and electrical and plumbing supplies, to both consumers and professionals.

Builders' hardware stores - establishments specializing in the sale of hardware products used for construction, renovation, and maintenance purposes, such as knobs, handles, levers, hinges, latches, locks, brackets, hangers, fasteners, and other similar products.

Hand tool stores - establishments that are involved in retail sales of hand tools, including wrenches, pliers, screwdrivers, hammers, saws, knives, chisels, and files, to hobbyists, DIY consumers, and professionals in construction, woodworking, and other industries.

Power tool stores - establishments specializing in the sale of power tools, such as saws, drills, routers, screwdrivers, nail guns, sanders, grinders, vacuums, and dust extractors, that are used for construction, woodworking, metalworking, and do-it-yourself projects.

Fastener supply stores - establishments retailing a variety of fasteners, including screws, nails, bolts, nuts, and rivets, that regularly offer an extensive inventory of fastener types, sizes, and materials used for construction, manufacturing, and maintenance purposes.

Tool and equipment rental centers - establishments providing rental services for a broad range of tools and equipment, including power tools, hand tools, and cleaning, painting, construction, and excavating equipment, on a short-term basis for temporary projects.

Plumbing supplies retailers - establishments engaged in retailing plumbing supplies and accessories, such as pipes, fittings, valves, faucets, fixtures, hosing, tubing, toilets and toilet parts, and water heaters, to plumbers, property managers, and DIY consumers.

Electrical supplies retailers - establishments engaged in selling electrical supplies and accessories, including wires, cables, switches, dimmers, outlets, receptacles, boxes and panels, and circuit breakers, to contractors, electricians, and DIY homeowners.

Sample reports with detailed sales transaction data and valuation multiples are available free online.

More valuation data »

Related Industries:
Building Materials Stores
Fastener Distributors
Lawn and Garden Stores
Paint and Wallpaper Stores

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