Beacon Roofing Supply Inc. (BECN)

Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials in the United States and Canada. The company offers residential roofing products, including asphalt shingles, synthetic slate and tile, clay and concrete tile, nail base insulation, metal roofing, felt, wood shingles and shakes, nails and fasteners, metal edgings and flashings, prefabricated flashings ridges and soffit vents, gutters and downspouts, and other accessories. Its non-residential roofing products include single-ply roofing; asphalt; metal; modified bitumen; built-up roofing; cements and coatings; insulation—flat stock and tapered; commercial fasteners; metal edges and flashings skylights, smoke vents, and roof hatches; and sheet metal products, including copper, aluminum, and steel. The company also provides building products, such as vinyl siding; red, white, and yellow cedar siding; fiber cement siding; soffits; house wraps and vapor barriers; and stone veneer, as well as vinyl windows, aluminum windows, wood windows, turn-key windows, and wood and patio doors. In addition, it offers specialty lumber products comprising redwood, red cedar decking, mahogany decking, pressure treated lumber, fire treated plywood, synthetic decking, PVC trim boards, millwork, and custom millwork. Further, the company provides waterproofing systems, building insulation, air barrier systems, gypsum, moldings, and patio covers. Its customer base consists of contractors, home builders, building owners, and other resellers. As of September 30, 2008, the company operated 175 branches in 35 states and 3 Canadian provinces. Beacon Roofing Supply, Inc. was founded in 1928 and is based in Peabody, Massachusetts.

For the fiscal year ended 30 September 2006, Beacon Roofing Supply, Inc.'s revenues increased 76% to $1.5B. Net income increased 50% to $49.3M. Revenues reflect increased sales due to higher revenue from existing markets and increased contribution from acquired markets. Net income was partially offset by increased operating expenses resulted from the increase in payroll expenses and higher interest expense.