Top 100 builders account for 53.63% market share
WASHINGTON, D.C. (PRWEB) May 10, 2016
Hanley Wood, the premier information, media, event, and strategic marketing services company serving the residential, commercial design and construction industries released its exclusive annual rankings of the top home building companies in the U.S., the 2016 BUILDER 100. Click here for the list. The BUILDER 100 is based on a comprehensive survey of the home building companies themselves and is based on home closings, not housing starts or sales.
“This year’s BUILDER 100 depicts a home building business that is well into a multi-year recovery,” said Peter Goldstone, CEO of Hanley Wood. The top four companies held their positions in 2015, but CalAtlantic Group, formed by the merger of Standard Pacific and Ryland Homes, slipped into the number-five spot. The list is populated by a wide range of companies, from affordable housing non-profits such as Habitat for Humanity (#16) to builders selling multimillion-dollar luxury mansions such as Toll Brothers. There are a couple dozen publicly traded production firms on the list, such as top-10 companies as Lennar, KB Home, and this year’s No. 1 builder, D.R. Horton.
A few companies were able to join the Builder 100 list for the first time this year from the Next 100 list, including HHHunt Corp. at Number 79, Highland Holdings at Number 81, and Goodall Homes & Communities at 92.
Highlights from this year’s BUILDER 100 list include:
The top 100 builders account for 53.63% market share
Builder 100/Next 100 companies' aggregated productivity created 1,029,805 local jobs in those builders' local markets. That's separate from the career development opportunity for building companies' associates, sales and operations forces, and executive teams.
Builder 100/Next 100 companies' aggregated productivity generated more than $75 billion in local income among municipalities and sub-markets around the nation.
The 23 public builders in this year’s B100 accounted for a 64.40% share of the total closings reported by all builders in the Top 100/Next 100. (168,326 of the 261,372 total closings)
In 2015, total gross revenue of the Top 100/Next 100 builders amounted to $99,303 billion. Public builders grossed $65,026 billion in 2015, accounting for 65.48% of the total gross revenue.
40.31%, or 79 of the 196 top builders that disclosed the range of their gross margin in 2015 compared to 2014, reported an “increase” year-over-year. 70 builders, or 35.71%, reported that their gross margin stayed the “same” year-over-year, and 47 builders, or 23.98%, reported that their gross margin decreased.
For more key takeaways on this year’s BUILDER 100 list, and a look at the full list—visit BUILDER’s website at http://www.builderonline.com
About BUILDER
Hanley Wood’s BUILDER is the leading authority in the residential construction industry and serves as the magazine of the National Association of Home Builders (NAHB). For more than three decades, BUILDER has provided essential news, information and resources about products, technologies, trends, regulatory requirements and best practices to help home building professionals build smart.
About Hanley Wood
Hanley Wood is the premier company serving the information, media, and marketing needs of the residential, commercial design and construction industry. Utilizing the largest analytics and editorially driven Construction Industry Database, the company provides business intelligence and data-driven services. The company produces award-winning media, high-profile executive events, and strategic marketing solutions. To learn more, visit hanleywood.com.
For the original version on PRWeb visit: http://www.prweb.com/releases/2016/05/prweb13404374.htm
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