Siding
Siding sits 7th of 8 in envelope and structure on net profit, and carries heavier overhead than the 48-trade average. Here is every figure, across all 7 revenue bands.
Siding by revenue band
| Metric | $1M–$5M | $5M–$10M | $10M–$25M | $25M–$50M | $50M–$100M | $100M–$500M | $500M+ | CFOS target |
|---|---|---|---|---|---|---|---|---|
| Overhead | 14% | 13% | 12% | 11% | 10% | 9% | 8% | 13% |
| Gross margin | 21% | 22% | 23% | 24% | 25% | 26% | 28% | 23% |
| Net profit | 7% | 9% | 11% | 13% | 15% | 17% | 20% | 10% |
- 2024 Construction Financial Benchmarker, Executive Summary, Construction Financial Management Association, 2024. The survey puts gross profit margin at 21.8%, SG&A at 11.8%, and net income before taxes at 6.3% across all respondents. The best-in-class top quartile reaches 11.9% net income before taxes. Those figures are the whole-population reading, so a single trade can sit well either side of them.
- 2025 Performance Benchmarks, Construction Companies, Jones Maresca and Company, 2025. This study reports specialty contractor gross margin between 15% and 25%. It puts net profit at 5% to 8% for a well managed company, and total indirect cost between 8% and 15%. The indirect cost band is the one worth reading twice, because it's the number most owners have never calculated for their own shop.
- SPM Trade Benchmark Reference, Sulphur Prairie Operations LLC, 2026. The reference holds 48 trades, and net profit in it is stated before taxes. It publishes here as 47 trade pages, because landscaping and irrigation share an identical benchmark profile and are one market, so they're presented together. Everything else carries its own row.
How these figures were built. Gross margin and overhead come from CFMA's 2024 and 2025 financial survey data, plus a January 2026 specialty trade study. Net profit comes from a 48 trade master dataset that covers 24 served trades and 24 adjacent trades. The reference holds 48 trades and the site publishes 47 pages, because landscaping and irrigation carry the same figures and are the same market. Where the survey and the master disagree on net profit, the master carries it. Benchmarks are reviewed against each new CFMA survey release and reconciled before publication.
3 problems specific to siding
You ordered the wall, the wall came up two boards short, and the reorder is a different lot. The mockup wall went up in a day, and then the crew sat three weeks waiting on an architect who was never on your payroll. Building A was wrapped and occupied last summer, and the retention on it is still sitting in the GC's account waiting on paving and punch.
Each one below points at the item, the unit, the clock, or the party that makes it a siding problem, and it says which step fixes it.
Siding against the other 47 trades
| Metric | Siding | Envelope and structure average | All 48 average | Rank |
|---|---|---|---|---|
| Overhead | 14% | 15.1% | 15.1% | 6th of 48 |
| Gross margin | 21% | 22.8% | 22.1% | 32nd of 48 |
| Net profit | 7% | 7.6% | 7% | 21st of 48 |
Siding sheds 6 points of overhead between $1M–$5M and $500M+, against 6.3 for envelope and structure as a group. Inside that group, Curtain wall and glazing keeps the most at 9% and Framing runs the leanest overhead at 13%. Siding is neither, which is the usual position and the one with the most room in it.
Other envelope and structure trades
What owners ask
What overhead should a siding contractor run?
Siding shares its overhead figure with 10 other trades at this revenue, which is what the published data resolves to. It runs 14% at $1M–$5M and 8% at $500M+, as a percentage of revenue. That sits 1.1 points below the envelope and structure average of 15.1%. The CFOS target at $1M–$5M is 13%. The CFOS target is one point leaner than your trade's average at your revenue.
What gross margin should a siding contractor run?
Siding shares its gross margin figure with 5 other trades at this revenue, which is what the published data resolves to. It runs 21% at $1M–$5M and 28% at $500M+, as a percentage of revenue. That sits 1.8 points below the envelope and structure average of 22.8%. The CFOS target at $1M–$5M is 23%. The CFOS target is published at $1M to $5M. It's set at whatever gross margin produces the net profit target once overhead is paid, and never below your trade's own average.
What net profit should a siding contractor run?
Siding shares its net profit figure with 15 other trades at this revenue, which is what the published data resolves to. It runs 7% at $1M–$5M and 20% at $500M+, before taxes, as a percentage of revenue. That sits 0.6 points below the envelope and structure average of 7.6%. The CFOS target at $1M–$5M is 10%. The CFOS target is published at $1M to $5M.
Does siding get more profitable as it grows?
Overhead is the number that moves. Siding sheds 6 points between $1M–$5M and $500M+, which is in line with the 6.3 points envelope and structure sheds as a group. Net profit starts 1.1 points under the 48-trade average, so the room is in the overhead line before it's anywhere else.
Where does siding sit against the other trades?
Siding is 7th of 8 in envelope and structure on net profit. Curtain wall and glazing keeps the most at 9%. Framing runs the leanest overhead at 13%. Gross margin ranks 6th of 48 and overhead ranks 21st.
Josh Luebker ran commercial construction projects before he ran the numbers behind them, on data centres, military bases, hospitals, and high-rises. He wrote CONTROL: The Construction Financial Operating System, which is an eight-step framework for commercial subcontractors, and it publishes on October 1, 2026. He is a master electrician who moved into the office and kept the field vocabulary.
Sulphur Prairie Operations LLC maintains the benchmark reference behind these figures. Every edition is reconciled against the newest CFMA survey release before it publishes here. Where a figure changes between editions, the older edition keeps its year in the title so a citation to it stays correct.