| SIC Codes: | 1761 |
| NAICS Codes: | 238160 |
Companies in this industry install and repair roofing, siding, and gutters for homes and businesses. Major US companies include CentiMark and Tecta America.
Demand for roofing services is closely tied to maintenance needs and new construction. Profitability depends on efficient operations. Large companies have advantages in being able to manage multiple projects simultaneously and to serve customers with multiple locations. Companies compete based mainly on price. Most companies in the industry are small.
Commercial roofing jobs account for the majority of industry revenue. Revenue from reroofing, repair, and maintenance accounts for 65 percent, while 35 percent is from new construction. The average useful life of a commercial roof is about seven years. Reroofing, maintenance, and repairs are often more profitable than new construction, as companies often negotiate these contracts rather than soliciting bids from several competitors. Roof repair involves simple tasks like caulking, fixing leaks, and re-coating. Roof restorations are bigger jobs, involving resurfacing and major repairs. Reroofing costs twice as much as restoring, and involves replacing all major materials.
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