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When careful investors searching for a true growth company look at Beacon Roofing Supply they find well-grounded, performance –oriented differences in our growth strategy. In 2006 our sales for the year were $1.5 billion, which reflects an increase of 76.4% or $650 million over the prior year. Looking at the components of the sales growth, our organic growth rate was nearly 15% for fiscal year 2006.
These competitive advantages set our company apart from other growing distribution enterprises:
Why Beacon Roofing
Key facts about Beacon Roofing Supply and its companies
Beacon Roofing Supply, Inc. is a approximately $1.8 billion growing family of established regional suppliers of roofing and exterior building materials. Beacon Roofing Supply, Inc. currently consists of twelve regional companies in 37 states, three Canadian provinces with 178 locations, over 2,100 employees and serves over 40,000 contractors annually.
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Key facts
- A leading supplier of roofing and complimentary building materials for North America.
- We have operations in 37 states.
- We have more than 2,300 employees.
- We support over 500,000 jobsite deliveries annually.
- We are publicly traded on the NASDAQ stock market under the symbol BECN.
- We were named to the NASDAQ Global Select Market.
- Our Corporate headquarters is in Peabody, Massachusetts.
What makes us different?
We have grown by expanding our existing regions and by making strategic acquisitions. Our business is well-balanced between new and re-roof applications in both the residential and commercial markets. We are geographically diverse as well as not tied to one product or segment. This allows us to take advantage of different markets and their opportunities. A proven business model, results-oriented management, and a strong people-focused corporate culture give us a solid foundation for continued growth. These strengths give us the flexibility to grow by expanding existing branches, opening new branches and making acquisitions.
- We value employees from acquired companies
- Each new company joins our company’s development, offering new products & services
- Our entrepreneurial philosophy encourages a diversity of people, products & services needed to flourish at the local level
- By being successful at the local branch level, we have been able to grow consistently.