Beacon Roofing Supply, Inc. - Common Stock (BECN)
Frequently Asked Questions About Beacon Roofing Supply, Inc. - Common Stock (BECN)
Does Beacon Roofing Supply offer any educational resources for customers?
Yes, Beacon Roofing Supply offers various educational resources for its customers. They provide training programs, product knowledge sessions, and materials to help contractors remain informed about industry trends, new products, and best practices in roofing and building. This commitment to education enhances their customers' skills and success in the field.
How can investors buy shares of Beacon Roofing Supply?
Investors can buy shares of Beacon Roofing Supply by purchasing them through a stockbroker or an online trading platform that facilitates transactions in NASDAQ-listed stocks. Interested investors should conduct their own research or consult a financial advisor before making investment decisions.
How does Beacon Roofing Supply differentiate itself from competitors?
Beacon Roofing Supply differentiates itself through its extensive distribution network, strong customer service, and diverse product offerings. The company prioritizes building long-term relationships with contractors by providing expert support, customized solutions, and a commitment to quality. Additionally, their ability to quickly deliver products helps them stay ahead in a competitive market.
How does Beacon Roofing Supply support its employees?
Beacon Roofing Supply is dedicated to the well-being and professional growth of its employees. The company offers competitive compensation packages, comprehensive benefits, training and development programs, and opportunities for advancement within the organization. Their commitment to creating a positive work environment is reflected in their focus on safety and employee satisfaction.
How many locations does Beacon Roofing Supply operate?
As of the latest reports, Beacon Roofing Supply operates over 600 locations across the United States and Canada. This extensive network allows them to service a wide range of markets and respond quickly to the needs of contractors and builders in various regions.
Is Beacon Roofing Supply a publicly traded company?
Yes, Beacon Roofing Supply is a publicly traded company. Its shares are listed on the NASDAQ stock exchange under the ticker symbol BECN. Being publicly trade allows the company to raise capital through equity markets and provides transparency to its investors.
What acquisitions has Beacon Roofing Supply made recently?
Over the past few years, Beacon Roofing Supply has made several strategic acquisitions to expand its market presence and product offerings. These acquisitions typically involve regional distributors and complementary product lines, helping the company to enhance its supply chain and gain access to new customer bases.
What are Beacon Roofing Supply's financial performance highlights?
Beacon Roofing Supply has demonstrated robust financial performance over the years, with significant growth in revenue and profitability driven by wise acquisitions and strong demand for roofing and building materials. They regularly report their financial performance, showcasing their ability to adapt to market conditions and execute their business strategy effectively.
What does Beacon Roofing Supply, Inc. do?
Beacon Roofing Supply, Inc. is a leading distributor of roofing materials and complementary building products in North America. They provide a vast range of products including asphalt shingles, commercial roofing systems, and other building materials to contractors and builders across the United States and Canada. The company operates a wide network of distribution centers, allowing them to serve both local and national markets efficiently.
What is Beacon Roofing Supply's market position?
Beacon Roofing Supply holds a strong position in the North American roofing supply market, being one of the largest distributors in the sector. Their extensive network, diverse product offerings, and solid reputation allow them to serve a wide range of customers effectively, making them a key player in the industry.
What is the company's approach to sustainability?
Beacon Roofing Supply is committed to sustainability and promoting environmentally responsible practices throughout its operations. They focus on providing products that support energy efficiency and have a lower environmental impact. The company also strives to reduce waste in its distribution processes and supports initiatives aimed at recycling and sustainable construction.
What is the company's growth strategy?
Beacon Roofing Supply's growth strategy focuses on both organic growth and acquisitions. By expanding its distribution network, enhancing its product offerings, and leveraging its relationships with contractors, the company aims to increase its market share. Additionally, strategic acquisitions allow them to enter new markets faster and diversify their product line.
What is the company’s vision and mission?
Beacon Roofing Supply's mission is to be the leading provider of roofing and building materials in North America, focusing on customer service, safety, and sustainability. Their vision is to enhance the success of their customers by providing a reliable supply chain and quality products, while maintaining commitment to their community and environment.
What is the importance of technology to Beacon Roofing Supply?
Technology plays a vital role in Beacon Roofing Supply's operations. The company utilizes advanced logistics and inventory management systems to optimize its supply chain and improve efficiency. Additionally, they leverage technology to enhance customer experience through online ordering systems and digital resources, making it easier for customers to access services and information.
What products does Beacon Roofing Supply offer?
Beacon Roofing Supply offers a wide variety of roofing materials as well as various complementary products such as siding, waterproofing materials, insulation, and tools. They focus on providing quality products that meet the needs of both residential and commercial builders, making them a one-stop-shop for construction projects.
What types of customers does Beacon Roofing Supply serve?
Beacon Roofing Supply primarily serves professional roofing contractors, builders, and remodelers. Their customers range from small, independent contractors to large commercial builders, allowing the company to cater to a diverse clientele that covers both residential and commercial projects.
When was Beacon Roofing Supply founded?
Beacon Roofing Supply was founded in 1928. Starting as a small roofing supply company, it has grown significantly over the decades through a combination of organic growth and strategic acquisitions. Their long history in the industry has allowed them to build strong relationships with manufacturers and customers alike.
Where is the headquarters of Beacon Roofing Supply located?
The headquarters of Beacon Roofing Supply is located in Herndon, Virginia. This location provides the company with proximity to major transportation networks and markets in the eastern United States, facilitating their distribution capabilities across North America.
Who are Beacon Roofing Supply's main competitors?
Beacon Roofing Supply's main competitors include companies like ABC Supply Co., Inc., Allied Building Products Corp., and SRS Distribution. These companies also specialize in the distribution of roofing and building materials. The competitive landscape in this industry is characterized by a mix of large and regional distributors.
What is the current price of Beacon Roofing Supply, Inc. - Common Stock?
The current price of Beacon Roofing Supply, Inc. - Common Stock is 123.80
When was Beacon Roofing Supply, Inc. - Common Stock last traded?
The last trade of Beacon Roofing Supply, Inc. - Common Stock was at 4:00 pm EDT on April 2nd, 2025
What is the market capitalization of Beacon Roofing Supply, Inc. - Common Stock?
The market capitalization of Beacon Roofing Supply, Inc. - Common Stock is 7.61B
How many shares of Beacon Roofing Supply, Inc. - Common Stock are outstanding?
Beacon Roofing Supply, Inc. - Common Stock has 61.50M shares outstanding.