2013 Top 50 Glaziers: The Trends
2012 was another year of improvement for U.S contract glazing firms, with more than 75 percent of the Top 50 Glaziers reporting a year-over-year sales increase. While most companies’ sales remained below their pre-recessionary peak—more than 60 percent of companies reported lower sales in 2012 compared to 2007—most firms appeared to be emerging from the downturn.
This chart depicts the percentage of Top 50 Glaziers experiencing year-over-year sales increases and decreases from 2005 to 2012. (Only companies that provided exact sales figures are included). The percentage of companies reporting gains continued its upward trajectory, coming back from the lows of 2010, when only 33 percent of companies reported an increase in sales.
For those Top 50 companies reporting exact sales figures, the degree of gains and losses varied throughout the last seven years. In 2012, 20 percent of companies reported sales increases of more than 50 percent, and 27 percent of companies reported sales increases of 25 to 50 percent. The losses were also less severe in 2012. Of the companies reporting decreases in year-over-year sales, no companies saw sales decline more than 50 percent, and only 9 percent of companies reported losses of 25 to 50 percent.
Glass Magazine has historical sales data for many individual companies going back almost a decade. The following chart compares the sales numbers for individual companies in 2012 to their sales numbers from 2006 and 2007. In 2012, 67 percent of reporting companies had higher sales than they did in 2006. However, only 39 percent of companies reported higher sales in 2012 than they did in 2007, when commercial construction was at its peak.