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2025 U.S. Industry Statistics & Market Forecast - Building Finishing Contractors
Market Size & Industry Statistics
The total U.S. industry market size for Building Finishing 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.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Building Finishing Contractors industry include:- Increased demand for eco-friendly and sustainable building practices
- Rising labor costs and shortage of skilled labor
- Adoption of advanced technologies such as Building Information Modeling (BIM)
- Expansion of prefabricated and modular construction methods
- Stringent building codes and regulations
- Growth in remodeling and renovation projects
- Increased emphasis on indoor air quality and healthy building environments
- Impact of COVID-19 on operational practices and worker safety
- Rising popularity of smart home technologies
- Shift towards energy-efficient building practices
- Urbanization and increased infrastructure investment in emerging markets
- Growing preference for open and flexible space designs in commercial buildings
- Fluctuations in material costs due to global supply chain disruptions
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.
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 Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| 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 Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Building Finishing Contractors company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry 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 Building Finishing 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 Building Finishing Contractors measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
|
| Liquidity Ratios | Industry 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. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry 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. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| 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. |
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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.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 5% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 3% | |||
| Office and Administrative Support Occupations | 9% | |||
| Construction and Extraction Occupations | 70% | |||
| Supervisors of Construction and Extraction Workers | 6% | |||
| First-Line Supervisors of Construction Trades and Extraction Workers | 6% | |||
| First-Line Supervisors of Construction Trades and Extraction Workers | 6% | |||
| Construction Trades Workers | 61% | |||
| Carpenters | 15% | |||
| Carpenters | 15% | |||
| Carpet, Floor, and Tile Installers and Finishers | 7% | |||
| Construction Laborers | 5% | |||
| Construction Laborers | 5% | |||
| Drywall Installers, Ceiling Tile Installers, and Tapers | 10% | |||
| Drywall and Ceiling Tile Installers | 9% | |||
| Insulation Workers | 11% | |||
| Insulation Workers, Floor, Ceiling, and Wall | 9% | |||
| Painters and Paperhangers | 17% | |||
| Painters, Construction and Maintenance | 17% | |||
| Plasterers and Stucco Masons | 6% | |||
| Plasterers and Stucco Masons | 6% | |||
Building Finishing Contractors Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Building Finishing Contractors industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Building Finishing Contractors industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Building Finishing Contractors industry. |
Source:
Latest Industry News
- Building permits: June 20-27, 2025 - Conway’s Home Group LTD (Shad Coats), 3109 Mesa Dr, Development permit, Single family residential construction Conway’s Home Group LTD (Shad Coats), 3111 Mesa Dr, Development permit, Single family residential construction Conway’s Home Group LTD (Shad Coats), 3113 Mesa Dr, Development permit, Single family residential construction (07/07/2025)
- Construction slated to begin on new pirate playground at South Bay’s Pepper Park - Construction will begin at the end of July on a new pirate-themed playground that will be replacing the existing playground at Pepper Park in San Diego's South Bay. (07/07/2025)
- York Construction company honored for Maryland project - York's Wagman Construction earned a Platinum Excellence in Construction Award for its work on The Village at Rockville in Maryland, delivering ahead of schedule. (07/03/2025)
- 33 finish Construction Boot Camp at GCC - guampdn.com - Thirty three people finished a monthlong construction boot camp recently, and several already have job offers, according to Guam Community College, which ran the program. Certificates were handed ... (07/03/2025)
- Chupps Revolutionizes Interior Construction with Innovations in Efficiency and Sustainability - Chupp’s Interior Construction, a well-known name in the building industry, has announced a new plan to boost the efficiency and quality of interior construction projects. This move highlights chupps interior construction‘s ongoing efforts to improve how construction is done without sacrificing quality. (07/01/2025)
- Building world-class hotels: The power of preconstruction and self-perform services - By fostering a collaborative project approach that earns trust, PCL Construction provides key services that ensure the success of hospitality projects. (06/30/2025)
- Apache Avenue construction set to finish before end of August - MEYERS, Calif. – The Apache Avenue Pedestrian Safety and Connectivity project is entering its final year, improving the roadway for walking and biking along the nearby school and Tahoe Paradise Park. (06/25/2025)
- After 2 years, crew finish work on Alameda Avenue Bridge construction project - Construction has been completed on the new Alameda Avenue Bridge over Denver’s South Platte River, marking an end to a project that began in January 2023. (06/24/2025)
- Contracts from A-Z: A Strategic Partner You Haven’t Considered When Building, Expanding or Remodeling ASCs - As the demand for outpatient care grows, so does the demand for new construction. Recent research projects the ambulatory surgery center (ASC) market to grow 21% by 2029—driven by the increasing demand for outpatient surgical procedures and rising patient preferences for these settings. (06/24/2025)
- Tri-Cities' second Costco construction nearing finish line - Cities’ second Costco Wholesale store at 3125 Queensgate Drive in Richland.The Issaquah-based wholesale giant included Richland in its list of seven August store openings. (06/24/2025)
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