Webb Analytics says construction supply sales hid sharp split in 2025

By AI, Created 11:19 AM UTC, May 20, 2026, /AGP/ – Webb Analytics says America’s largest building materials sellers posted modest 2025 revenue growth, but most lumberyards shrank as Home Depot, Lowe’s and QXO expanded through acquisitions. The report argues that dealer-installed products and industry consolidation are reshaping the construction supply market.

Why it matters: - The 2025 Construction Supply 150 shows a widening gap between big-box chains and smaller building material sellers. - Webb Analytics says dealer-added services like trusses, hanging doors and installations generated $31.7 billion for CS150 members in 2025. - The report also says major acquisitions are making formerly independent building material dealers harder to track in future financial reports.

What happened: - Webb Analytics released its 2026 Construction Supply 150 report on May 5, 2026. - The report puts total CS150 revenue at roughly $424.25 billion, up 1.4% year over year. - Home Depot revenue grew 3.2% and Lowe’s revenue grew 3.1%, helping lift the overall total. - Excluding those two chains, the rest of the CS150 fell 1.2% to $173.3 billion. - CS150 members that added locations grew 2.1%, while companies that held steady or lost stores shrank 1.9%. - Craig Webb said growing even 5% is rare in today’s weak housing and remodeling markets.

The details: - The report’s theme is “Hidden Assets.” - The report spans 73 pages and includes charts and tables on lumber and building material suppliers serving professional builders, remodelers and homeowners. - Only 144 of the 150 companies disclosed revenue figures. - Nearly 71% of reporting companies were lumberyards. - Home centers and hardware stores made up 11% of reporting companies, but they accounted for 65% of total revenue because of the scale of Home Depot and Lowe’s. - Lumberyards accounted for 12% of total revenue. - About 4.1% of total CS150 revenue came from operations in Canada, plus Mexico for Home Depot. - Ten CS150 members operated 975 branches in those countries. - The report says it narrows company activity to the professional market, including only the construction segment for Universal Forest Products and only paint store operations for Sherwin-Williams. - For companies with fiscal years that differ from the calendar year, the report uses quarterly filings to estimate 2024 figures. - The report also includes contributions from some eligible companies that did not want to be identified. - The full PDF report is available here.

Between the lines: - The headline growth number masks a market increasingly dominated by a few large chains. - Acquisitions by Home Depot, Lowe’s and QXO are changing how industry revenue shows up in public reporting. - Dealer services, not just product sales, are becoming a bigger part of construction supply economics. - The shift from independent dealers to corporate owners could make industry comparisons less transparent over time.

What’s next: - Webb Analytics expects the effects of large-scale consolidations to be less visible in company financial reports next year. - The company says its benchmark data will continue to evolve as memberships change through consolidations and startups. - Industry watchers will likely use the CS150 to track how acquisition-driven growth changes the lumber and building materials market.

The bottom line: - The construction supply market did not broadly boom in 2025. A handful of giant buyers kept the top line positive while most of the industry weakened under the surface.