Home Builder Profitability Reached Highest Level on Record
Pro Builder
JULY 26, 2021
The previous record was set in 2006, but 2020’s net profit average of 11.4% beat out 2006’s levels by just 0.25% and exceeded 2019 income by 1.8%. In 2006, the industry performed at a gross profit of 29.7 percent and operating expenses of 18.5 percent for a net profit of 11.2 In 2020, the gross profit percent was 25.9
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