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2025 U.S. Industry Statistics & Market Forecast - Finish Carpentry Contractors
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.
| 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 Finish Carpentry Contractors industry include:- Increased demand for eco-friendly materials
- Shift towards prefabricated components to reduce costs
- Adoption of advanced technologies like CNC machines
- Rising labor costs
- Focus on customization and high-end craftsmanship
- Integration of smart home technology in installations
- Use of online platforms for marketing and customer engagement
- Regulatory compliance and safety standards
- Impact of global supply chain disruptions on material availability
- Growing impact of DIY market through online tutorials and workshops
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 Finish Carpentry 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 Finish Carpentry Contractors industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| 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). |
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| 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. |
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| 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% | |||
| Painters and Paperhangers | 17% | |||
| Painters, Construction and Maintenance | 17% | |||
Finish Carpentry Contractors Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Finish Carpentry 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 Finish Carpentry 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 Finish Carpentry Contractors industry. |
Source:
Latest Industry News
- Homeowner pleads with officials after uncovering serious issues in brand new home - Homeowner Katherine Graff discovered severe issues in her new home; faces $300K repair costs, and urges better oversight from county officials. (01/05/2025)
- 9 Signs Someone Did a Bad Job on a House Flip - The Nature of House Flipping House flipping involves buying a distressed or foreclosed home, increasing its value by renovating and/or remodeling, then selling it quickly at a profit. Buying a flipped property may seem like a great way to get a recently updated home, (01/04/2025)
- Is it a really bad idea to project manage your own extension project or a brilliant route to cutting costs? - We look at the pros and cons of project managing your own extension, and help you determine whether you're up to the job (12/30/2024)
- Martha’s Vineyard carpenter opens business in Houlton area - Calvin and Ana Episcopo made the winter trek north from Martha’s Vineyard just before the recent December snows and he’s already preparing estimates and completing jobs. (12/27/2024)
- Amish Volunteers Come To Boone To Help With Post-Helene Recovery Project - The Amish have long been known and respected for their workmanship, and many of us have seen them in their element while visiting Ohio’s Holmes County and the Lancaster, Pennsylvania area. But, to see Amish on the streets of Boone raised more than a passing glance for passers-by in the Perkinsville community earlier this week. (12/23/2024)
- Getting hands-on to create a dream home that reflects both their vision and style - Its graceful curves and sleek wooden finish are a far cry from the original ... “When we floated the idea to the contractor, they resisted, saying, ‘No, it can’t be done.’ (12/19/2024)
- Students test carpentry skills at inaugural competition in Washtenaw County - SALINE, MI - The buzz of circular saws and clamoring hammers rang out across the old bus garage behind Saline Middle School on Tuesday as a series of small metal and wooden structures took shape. More than 30 high school students from Washtenaw County career technical education programs hovered busily around the structures trying to finish first in the A2 Invitational Carpentry Competition. (12/18/2024)
- How to Start a Contracting Business - Construction contracting businesses often have higher barriers to overcome when starting out. From licensing requirements to marketing strategies, here are some tips to help you get started. (12/17/2024)
- How to Use a Pressure Washer - All pressure washers need to be winterized if stored in an area where the temperatures will drop below freezing. Follow the manufacturer’s instructions, but this generally requires putting a little antifreeze in the soap reservoir and running it until any water has been flushed out of the system. (12/13/2024)
- 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)
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