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Lending & Credit Risk

Foundation, structure, and building exterior contractors (NAICS 238190) industry trends

Sageworks
July 29, 2013
Read Time: 0 min

The foundation, structure, and building exterior contractors industry comprise of firms that hire contractors to provide services to complete the foundation, frame, shell and other basic structures of buildings. Contractors employed within this industry include poured concrete foundation and structure contractors, structural steel and precast concrete contractors, framing contractors, masonry contractors, glass and gazing contractors, roofing contractors and siding contractors. Poured concrete foundation and structure contractors provide finishing concrete foundations services as well as grout and shotcrete work. Structural steel and precast concrete contractors assemble steel beams, steel rods, structural steel components and similar products of precast concrete products. Framing contractors provide structural framing and sheathing services such as wood frame component fabrication and post framing. Masonry contractors provide stone setting, brick laying and other stonework. Glass and glazing contractors install glass planes in prepared openings and provide glass coating and tinting. Roofing contractors provide services such as roof installation, skylight installation and sheet metal roofing installation. Siding contractors install downspout, gutter, siding, fascia, and soffit. The work performed in this industry includes additions, alterations, maintenance, new work and repairs.

The Census Bureau’s most recent data indicates that there are approximately 372,996 firms within this industry.

According to Sageworks’ industry data, the industry’s net profit margin during the last 12 months was 3.97 percent. During this same time, the average gross profit margin was 29.42 percent.

The graph below shows business statistics for the average company in the foundation, structure, and building exterior contractors industry.

 

About the Author

Sageworks

Raleigh, N.C.-based Sageworks, a leading provider of lending, credit risk, and portfolio risk software that enables banks and credit unions to efficiently grow and improve the borrower experience, was founded in 1998. Using its platform, Sageworks analyzed over 11.5 million loans, aggregated the corresponding loan data, and created the largest

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