Beacon Roofing Supply Inc
NASDAQ:BECN

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Beacon Roofing Supply Inc
NASDAQ:BECN
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Price: 118.34 USD 0.31% Market Closed
Market Cap: 7.3B USD

Beacon Roofing Supply Inc
Investor Relations

Beacon Roofing Supply Inc. stands as a formidable pillar in North America's building materials landscape. Established in 1928, the company has steadily evolved into one of the largest distributors of roofing products and complementary building materials in the region. Its operations are a well-oiled machine, with a vast network of over 400 locations strategically positioned across the United States and Canada. This extensive footprint allows the company to effectively serve a diverse client base that includes roofing contractors, builders, and remodelers. The heart of Beacon's business lies in its adept handling of logistics and supply chain management, ensuring prompt and reliable delivery of its offerings, which range from residential and commercial roofing products to an array of siding, insulation, and waterproofing solutions.

Beacon's journey through the market is steered by its commitment to quality and customer service, driving its profitability engine. The company leverages its scale to negotiate favorable terms with a wide array of manufacturers, enabling them to offer competitive pricing without compromising on quality. By fostering strong, ongoing relationships with its suppliers, Beacon can maintain a robust inventory that meets fluctuating market demands. Its revenue stream predominantly flows from sales of these essential building products, while its ancillary services—such as digital and in-person sales consultations—enhance the customer experience. This dual focus on top-notch service and a comprehensive product portfolio has helped Beacon Roofing Supply maintain its sturdy position in the industry, weathering economic cycles with resilient growth strategies.

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Earnings Calls

2024 Q4
Feb 25, 2025
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Porch Group shows strong financial momentum with increased guidance for 2025
2024 Q4
Feb 25, 2025

Porch Group delivered impressive Q4 2024 results, achieving $42 million in adjusted EBITDA and $7 million for the full year. They've raised their 2025 guidance to $60 million EBITDA and $400 million revenue. The shift to a commission-based model promises 80% gross margins. Notably, new business premiums grew 50% in Q4, with continued momentum into 2025. The completion of the Porch Insurance Reciprocal Exchange enhances margin predictability. With strategic investments planned, Porch aims for $500 million in gross written premiums for 2025, projecting increased profitability while navigating a flat housing market.

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Management

Mr. Julian G. Francis
President, CEO & Director
No Bio Available
Mr. C. Munroe Best III
President of South Division
No Bio Available
Mr. Jason L. Taylor
President of West Division
No Bio Available
Mr. Jonathan S. Bennett
Executive VP & Chief Commercial Officer
No Bio Available
Mr. Prithvi S. Gandhi
Executive VP & CFO
No Bio Available
Mr. Christopher Carl Nelson
Executive VP & CTO
No Bio Available
Ms. Christine Stroh Reddy
Executive VP, General Counsel & Corporate Secretary
No Bio Available
Ms. Jennifer N. Lewis
VP of Communications & Corporate Social Responsibility
No Bio Available
Mr. Sean M. McDevitt
Executive VP & Chief Human Resources Officer
No Bio Available
Mr. James J. Gosa
President of North Division
No Bio Available

Contacts

Address
VIRGINIA
Herndon
505 Huntmar Park Dr Ste 300
Contacts
+15713233939.0
www.becn.com