Plumbing, Heating & Air-Conditioning Contractors Industry

NAICS: 23822

For additional companies see the Building Equipment Contractors Industry

Plumbing, Heating & Air-Conditioning Contractors Market Share: Largest Companies in the Plumbing, Heating & Air-Conditioning Contractors Industry

Company	Headquarters	Revenue ($ MM)
RIDGEWELL'S	Bethesda, MD	100
WATSCO (NYSE: WSO)	Coconut Grove, FL	11
SOUTHERN CALIFORNIA PIPE TRADES CHRISTMAS BONUS FUND	Los Angeles, CA	7
COMFORT SYSTEMS USA (NYSE: FIX)	Houston, TX	6
SOUTH CENTRAL ANNUITY FUND	Houston, TX	4
NITTANY OIL	State College, PA	4
BD OF TEES OF STEAMFITTERS LU NO 420 SRP	Philadelphia, PA	4
ARS ACQUISITION HOLDINGS	Memphis, TN	3
PLUMBERS LOCAL UNION NO. 1 ADDITIONAL SECURITY BENEFIT FUND	Long Island City, NY	3
PLUMBERS & STEAMFITTERS LOCAL 150 VACATION FUND	Goodlettsville, TN	3
M. EDDIE MOORE SCHOLARSHIP TRUST FU	Capital Heights, MD	2
UNITED ASSN OF JOURNEYMEN & APPRNC LOCAL 198 AFL-CIO ANNUITY TRUST FUN	Jacksonville, FL	2

This is a list of the largest companies active in the Plumbing, Heating & Air-Conditioning Contractors industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Plumbing, Heating & Air-Conditioning Contractors industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Additional Companies Operating in the Plumbing, Heating & Air-Conditioning Contractors Industry

Company	Headquarters	Revenue ($ MM)
SIEMENS	Iselin, NJ	100
MASSACHUSETTS MUTUAL LIFE INSURANCE	Springfield, MA	94
JOHNSON CONTROLS (NYSE: JCI)	Gaithersburg, MD	76
PRINCIPAL LIFE INSURANCE (NYSE: PFG)	Des Moines, IA	61
LEIDOS (NYSE: LDOS)	Reston, VA	25
JOINT BOARD OF ADMINISTRATION C/O BENESYS	Troy, MI	17
OPERATING ENGINEERS LOCAL NO. 825 OUT-OF-WORK FUND	Springfield, NJ	15
BOT - OREGON SHEET METAL WORKERS MASTER RETIREMENT TRUST	Portland, OR	12

Growth: Fastest Growing Plumbing, Heating & Air-Conditioning Contractors Companies

A list of competitors in the Plumbing, Heating & Air-Conditioning Contractors industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Plumbing, Heating & Air-Conditioning Contractors businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Plumbing, Heating & Air-Conditioning Contractors companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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