Precision Roofing is owned by private investors and operates as an independent roofing contractor in the United States. The company is not part of a larger national corporation, which means it stays focused on local and regional roofing projects. Many homeowners choose Precision Roofing because of its reputation for quality work and customer service. Like most roofing contractors in America, Precision Roofing competes in a highly fragmented market. According to IBISWorld, there are 27,058 roofing businesses in the U.S., and no single company controls more than 5% of the market. This means companies like Precision operate independently to serve their communities.
How Big Is the Roofing Industry?
The roofing industry is huge and keeps growing. According to IBISWorld, the U.S. roofing contractor market reached $81.3 billion in 2025, with expected revenue growth of 1.9% that year.
Most roofing work involves replacing old roofs rather than building new ones. About 80% of roofing activity is renovation and replacement work. This means companies like Precision Roofing stay busy helping homeowners fix damaged or aging roofs.
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Why Do Homeowners Need Roofing Services?
Homeowners call roofers for many reasons. According to RubyHome, leaking and storm damage are the top two reasons, each affecting 33% of homeowners. One in four homeowners expects their roof to fail soon.
Weather is a major driver of roofing business. In 2024, 12 million U.S. properties were hit by hail, and there was a 65% spike in roofing claims in storm-affected areas. This keeps companies like Precision Roofing busy after severe weather events.
What Does Roof Replacement Cost?
Roof costs vary widely based on material and home size. According to RubyHome, the average roof replacement costs $9,526, with a range from $5,868 to $13,217. Premium options can reach up to $80,000.
Here is what different materials cost per square foot:
| Material Type | Cost Per Sq. Ft. | Lifespan |
|---|---|---|
| Basic Asphalt Shingles | $4.25-$4.95 | 20 years |
| Architectural Asphalt | $4.50-$8.25 | 30 years |
| Metal Roofing | $10.00-$17.05 | 40-80 years |
| Slate Tiles | $12.00-$22.00 | 60-150 years |
Who Works in Roofing?
The roofing industry employs skilled workers across the country. According to the U.S. Bureau of Labor Statistics, there are 135,140 roofers employed in the U.S., earning a median wage of $24.05 per hour or $50,030 per year.
Most roofers are men, with about 95.4% of the workforce being male and 4.6% female. Hispanic workers make up 29.6% of roofers, while 56.7% are White. Only 12% have worked in roofing for more than 11 years, showing it is a challenging career.