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Finish Carpentry Contractors Industry Analysis

Identify industry changes, evaluate the market size, market outlook, trends, key players, and growth opportunities.

Contents Standard Report Premium Report
Industry Overview & Outlook . .
- Market Size
(industry trends)
. .
- Market Forecast   .
- Products/Services Breakdown   .
- Revenue per State . .
$ Financial Metrics . .
$ Salary & Compensation Benchmarks . .
@ Key Companies   .
- Industry News & Innovators   .
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2018 Market Analysis & Industry Outlook: Finish Carpentry Contractors

Overview: the U.S. Finish Carpentry Contractors Industry

This section provides answers to key questions about the industry:

  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Finish Carpentry Contractors: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Construction Services Breakdown

The following products and services account for the largest source of revenues in the Finish Carpentry Contractors industry. Note that there are multiple levels of classification, so some line items are contained within other lines.

Type of Construction Total Sales ($ millions) New Construction ($ millions) Additions, Alterations, and Reconstruction ($ millions) Maintenance & Repair ($ millions)



Building construction, total


Single-family houses, detached and attached


Single-family houses, detached


Single-family houses, attached


Apartment buildings (2 or more units), such as rentals, apartment type condominiums and cooperatives


Dormitories and barracks


Manufacturing and industrial warehouses


Other manufacturing and light industrial buildings, such as factories, assembly plants, and industrial research laboratories


Hotels, motels, and tourist cabins


Office buildings


Stores, restaurants, automobile service stations, parking garages, and other commercial buildings


Commercial warehouses such as distribution buildings and mini-storage


Religious buildings


Educational buildings


Health care and institutional buildings


Public safety buildings such as prisons, police, and fire stations


Farm buildings, nonresidential


Amusement, social, and recreational buildings


Nonbuilding construction, total


Decks, residential type




U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Finish Carpentry Contractors company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Finish Carpentry Contractors industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Finish Carpentry Contractors measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 4%

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Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations 9%
Construction and Extraction Occupations 75%
Construction Trades Workers 66%
Carpenters 14%
Carpenters 14%
Carpet, Floor, and Tile Installers and Finishers 7%
Drywall Installers, Ceiling Tile Installers, and Tapers 12%
Drywall and Ceiling Tile Installers 10%
Painters and Paperhangers 20%
Painters, Construction and Maintenance 19%
Source: Bureau of Labor Statistics

Finish Carpentry Contractors Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate

Top Innovators

CompanyInnovation Score

Additional companies, details and innovation scoring in the full report.

Latest Industry News

  • CRE Profile: Ware Malcomb's Cameron Trefry - “During high school I transitioned into high-end residential construction, framing houses and doing finish carpentry,” Trefry said ... and had a deep connection with the clients and the contractors,” he said. Trefry also helped design the corporate ... (01/09/2018)
  • Residents at Massachusetts Can Get the Dependable Basement Finishing Service from Paul's Carpentry - In addition to value, they can get many benefits by choosing to finish the basement ... About Paul's Carpentry: Paul's Carpentry is a fully-licensed and insured contractor offering quality service not just to residential, but also commercial properties ... (01/09/2018)
  • Three Men and a Crane: Inside Entekra's Innovative Framing Process - Early one morning in August, veteran California carpenter Patrick Johnson showed up for work with ... northwest of Los Banos—had gathered at the site to watch them finish and take photos. “I texted the pictures straight away to my 82-year-old father ... (01/08/2018)
  • Area students to compete in SkillsUSA - “Our students compete at Penn College every year,” said Drew Seeling, certified building-construction and carpentry teacher ... the entire process of building a home, from start to finish,” said Seeling. “Our construction timeline is two and ... (01/08/2018)
  • When hell or Niagra Falls freezes over... - The contractor working very hard to finish so we could enjoy our new changes for Christmas ... of school and business closures due to the extreme weather. Our favorite carpenter arrived this morning just before 8am to start the investigation by tearing ... (01/05/2018)
  • Liens show unpaid construction bills at HOF Village - The documents say Village construction manager Welty Building Co. and in one case Johnson Controls — the building technology company that purchased the naming rights to Johnson Controls Hall of Fame Village — failed to pay contractors for work ... (01/04/2018)
  • Home building gives South Central carpentry students hands-on training - In addition, the students each receive a $500 scholarship from MetCon and will have contributed to the project from start to finish ... and the sub[contractor]s and the students do the rest.” ‘A huge shortage’ The carpentry program at South ... (12/14/2017)
  • Business Ideas for Carpenters - By creating a niche for yourself, you’ll start to build brand and get noticed for being a finish carpenter ... The key to running a successful carpentry business means you need to market to homeowners, contractors and real estate agents. (12/18/2013)
  • Contractor: Unpaid carpenters on Holliston job will get checks - The general contractor of the Cutler Heights affordable housing project said yesterday that the carpenters who went unpaid for weeks ... Hampton will come back and finish the framing work at the project. Goggins yesterday said he would likely join the ... (08/10/2010)
  • 10 Things Your Contractor Won't Tell You - Then it becomes in the contractor's interest to finish the job." 6. "Your changes are my retirement fund." Steve Velasco, now a project manager for a Southern California civil engineering firm, once worked as a carpenter on a residential job in which the ... (08/29/2005)

Government Contracts

In 2016, the federal government spent a total of $10,710,633 on Finish Carpentry Contractors. It has awarded 252 contracts to 129 companies, with an average value of $83,028 per company.   

Top government vendors:

CompanyFederal ContractsTotal Award Amount

Segments classified within this market research report

This industry market research report includes companies whose primary business is any of the following:
Molding or trim, wood or plastic, installation, Counter top, residential-type, Deck construction, Prefabricated sash and door installation, Finish carpentry, Overhead door, Trim and finish carpentry contractors, Hermetically sealed window unit, Door, folding, Cabinets, wood built-in, constructed on site, Cabinet work performed at the construction site, Aluminum door and window, Door and window frame construction, Carpentry work (except framing), Shelving, wood, Window, metal-frame residential-type, Door and window, prefabricated, Cabinetry work performed at the construction site, Built-in wood cabinets constructed on site, Carpenters (except framing), Garage door, Stairway, Prefabricated kitchen and bath cabinet, Ship joinery contractors, Window installation, Paneling installation, Window and door (residential-type) of any material, Kitchen cabinets and counters, Millwork installation, etc.

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