| Standard Report | Premium Report | |
|---|---|---|
| Current State of the Industry |  |
|
| Market Size (industry trends) | |
|
| Market Forecast (5-year projection) | |
|
| Products/Services Breakdown | |
|
| Revenue per State | |
|
| Financial Metrics | |
|
| Salary & Compensation Statistics | |
|
| Public Company Information | |
|
| Key Private Companies | |
|
| Government Vendors | |
|
| Instant Download - Available immediately upon purchase | |
|
Download both PDF and Excel
|
|
|
| Download now: |
2025 U.S. Industry Statistics & Market Forecast - Specialty Trade Contractors
Market Size & Industry Statistics
The total U.S. industry market size for Specialty Trade 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 Specialty Trade Contractors industry include:- Increased adoption of technology, such as BIM and drones
- Rising labor costs
- Shortage of skilled labor
- Greater emphasis on sustainability and green building practices
- Fluctuating raw material costs
- Growth in prefabrication and modular construction
- Expansion of smart home installations
- Enhanced focus on safety regulations and standards
- Increasing importance of cybersecurity measures
- Impact of global economic conditions on project funding
- Tightening immigration policies affecting labor availability
- Growth in renovation and retrofitting projects due to aging infrastructure
- Shift towards integrated project delivery (IPD) methods
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) |
|
|---|---|---|
| Total Revenue | Order at top of page |
|
| 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 Specialty Trade 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 Specialty Trade 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 Specialty Trade 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. |
|
| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
|
| 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. |
|
| 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.| 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% | |||
| Business and Financial Operations Occupations | 5% | |||
| Office and Administrative Support Occupations | 9% | |||
| Construction and Extraction Occupations | 61% | |||
| 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 | 50% | |||
| Brickmasons, Blockmasons, and Stonemasons | 5% | |||
| Brickmasons and Blockmasons | 29% | |||
| Carpenters | 10% | |||
| Carpenters | 10% | |||
| Carpet, Floor, and Tile Installers and Finishers | 7% | |||
| Cement Masons, Concrete Finishers, and Terrazzo Workers | 11% | |||
| Cement Masons and Concrete Finishers | 11% | |||
| Construction Laborers | 7% | |||
| Construction Laborers | 7% | |||
| Construction Equipment Operators | 16% | |||
| Operating Engineers and Other Construction Equipment Operators | 14% | |||
| Drywall Installers, Ceiling Tile Installers, and Tapers | 10% | |||
| Drywall and Ceiling Tile Installers | 9% | |||
| Electricians | 10% | |||
| Electricians | 10% | |||
| Insulation Workers | 13% | |||
| Insulation Workers, Floor, Ceiling, and Wall | 9% | |||
| Insulation Workers, Mechanical | 10% | |||
| Painters and Paperhangers | 17% | |||
| Painters, Construction and Maintenance | 17% | |||
| Pipelayers, Plumbers, Pipefitters, and Steamfitters | 7% | |||
| Plumbers, Pipefitters, and Steamfitters | 7% | |||
| Plasterers and Stucco Masons | 6% | |||
| Plasterers and Stucco Masons | 6% | |||
| Roofers | 13% | |||
| Roofers | 13% | |||
| Helpers, Construction Trades | 9% | |||
| Helpers, Construction Trades | 9% | |||
| Helpers--Brickmasons, Blockmasons, Stonemasons, and Tile and Marble Setters | 8% | |||
| Helpers--Electricians | 6% | |||
| Other Construction and Related Workers | 15% | |||
| Elevator and Escalator Installers and Repairers | 14% | |||
| Elevator and Escalator Installers and Repairers | 14% | |||
| Installation, Maintenance, and Repair Occupations | 11% | |||
| Other Installation, Maintenance, and Repair Occupations | 8% | |||
| Heating, Air Conditioning, and Refrigeration Mechanics and Installers | 6% | |||
| Heating, Air Conditioning, and Refrigeration Mechanics and Installers | 6% | |||
| Industrial Machinery Installation, Repair, and Maintenance Workers | 7% | |||
| Millwrights | 5% | |||
| Transportation and Material Moving Occupations | 10% | |||
| Motor Vehicle Operators | 7% | |||
| Driver/Sales Workers and Truck Drivers | 7% | |||
| Heavy and Tractor-Trailer Truck Drivers | 7% | |||
Specialty Trade Contractors Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Specialty Trade 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 Specialty Trade 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 Specialty Trade Contractors industry. |
Source:
Latest Industry News
- Construction Jobs Hold Steady in June - Despite challenging economic conditions, construction jobs grew in June. The U.S. job market remained strong in June, with consistent hiring recorded across industries. Overall, employers added 147,000 nonfarm jobs in June, (07/07/2025)
- Home Depot Tightens Its Grip On The Pro Market By Acquiring GMS Under Its SRS Subsidiary - Home Depot's SRS subsidiary acquired GMS for $4.3 billion to strengthen its penetration in the professional market with long-term payoff in the consumer market too. (07/07/2025)
- Construction Employment Rose by 15,000 in June - Washington, DC, July 7, 2025-The construction industry added 15,000 jobs on net in June, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 121,000 jobs, or 1.5%. (07/07/2025)
- Construction Added 15K Jobs in June, But Only Specialty Firms Were Hiring - Contractors added an estimated 15,000 jobs overall in June, marking construction's second-strongest monthly jobs report from the Bureau of Labor Statistics this year. However, only one sector—specialty trade contractors—showed overall job gains, with these firms collectively adding an estimated 18,400 positions during June. (07/03/2025)
- Construction Adds 15K Jobs in June - WASHINGTON, DC — The construction industry added 15,000 jobs on net in June, according to an Associated Builders and Contractors analysis of data released by the US Bureau of Labor Statistics. On a year-over-year basis, industry employment has increased by 121,000 jobs, or 1.5%. (07/03/2025)
- ServiceTitan Partners with Associated Builders and Contractors - ServiceTitan has always been committed to equipping specialty contractors within the construction industry with intuitive, scalable technology to address the unique challenges they face,” said Alex Kablanian, (07/01/2025)
- Home Depot made a key acquisition to corner the pro market—but some analysts say it overpaid at $4.3 billion - Home Depot is acquiring building materials distributor GMS for $4.3 billion to strengthen its “Pro” contractor business and expand into drywall, ceilings, and steel framing. Analysts support the strategic value of the deal, but some say the purchase price may be high and could raise investor concerns. (07/01/2025)
- ServiceTitan Partners with Associated Builders and Contractors to Empower Construction Professionals - ServiceTitan (Nasdaq: TTAN), the software platform that powers the trades, announced a new partnership with Associated Builders and Contractors (ABC), a national construction industry trade association. (07/01/2025)
- Home Depot makes a major pro contractor play by acquiring GMS for $5.5B - Home Depot (NYSE:HD) struck a deal to acquire GMS Inc. (NYSE:GMS) through its specialty trade distribution subsidiary, SRS Distribution. Under the terms of the agreement, a unit of SRS will commence a tender offer to acquire all outstanding shares of GMS ... (06/30/2025)
- Hexion and Smartech Unveil SmartQuality, the Latest Offering in their AI-Powered Operating Platform that Transforms Wood Panel Manufacturing - Hexion, a global leader in adhesives, systems and AI technologies for wood panel manufacturing, today introduced SmartQuality, the newest product in their suite of industry leading AI-powered systems that address persistent challenges in wood panel manufacturing. (05/26/2025)
Related Reports
Can't find what you're looking for? We have over a thousand
market research reports.
Ask us and an analyst will help you find what you need.