Qualified Remodeler Magazine

FEB 2015

Qualified Remodeler helps independent remodeling firms to survive, become more professional and more profitable by providing must-have business information, namely best business practices, new product information and timely design ideas.

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Biggest of Big Firms, Now Growing Faster n Top 100 n Rest of Top 500 Growth Rates by Remodeling Segment n Boom (2004-07) n Bust (2007-10) n Recovery (2010-13) The very biggest firms, the Top 100, experienced bigger growth rates and fewer pronounced downturns over the past 10 years. The boom-and-bust cycle is more pronounced for firms that handle big-ticket jobs, namely design-build and full-service. Replacement firms had more stability. Note: Companies qualifying for the Qualified Remodeler Top 500 list typically generate annual revenues of $1 million or more. Analysis includes firms reporting revenue in any two consecutive years and ranking in the Top 400 in at least on fof those years. Source: JCHS tabulations of Qualified Remodeler Top 500 lists. Notes: Companies qualifying for the Qualified Remodeler Top 500 list typically generate revenues of $1 million or more. Analysis includes firms reporting revenue in the beginning and ending years of each time period and ranking in the Top 400 in at least one of those years. Source: JCHS tabulations of Qualified Remodeler Top 500 lists. HARVARD ANALYSIS OF QR TOP 500 DATA Design-Build Full-Service Replacement All Larger Firms 5.5% 2.6% 4.9% 4.6% 6.6% 4.3% 4.2% 5.2% -9.4% -6.3% -4.6% -0.1% 2005 2006 2007 2008 2009 2010 2011 2012 2013 6.7% 5.5% 2.8% -1.5% -5.6% 5.6% 5.4% 8.9% 13.9% 8.4% 4.8% 2.0% -5.2% -12.4% 4.7% 2.8% 5.3% 10.2% QualifiedRemodeler.com | ForResidentialPros.com QR February 2015 37

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