BUILDER Unveils Its BUILDER 100 Rankings for 2011

DAN RYAN BUILDERS REMAINS AS ONE OF THE TOP 50 HOME BUILDERS IN THE NATION!

 WASHINGTON, D.C. (May 14, 2012) — BUILDER, the leading media brand for the home building industry, this week unveiled the BUILDER 100, its annual ranking of the 100 largest home building companies. Dan Ryan Builders placed at 50.

Frederick, Maryland-based Dan Ryan Builders closed 505 homes during the 2011 calendar year, 3 more closings than they experienced in 2010 when Dan Ryan Builders was ranked 48. Dan Ryan Builders remains unique in the industry as one of the few large, privately owned regional homebuilders, which means they are able to focus on the needs of the home buyer, rather than the needs of the shareholders. 

The top 100 home builders outperformed the overall market last year. The U.S. Census Bureau reported 302,000 new-home sales and 16,000 for-sale multifamily completions in 2011, a 10 percent decline from 2010, and the lowest numbers on record. The typical BUILDER 100 company closed 1,416 homes last year, an 8 percent decline. BUILDER 100 companies recorded an average $414 million in revenue, 2 percent less than in 2010. 

Though overall closings and revenue fell, the top 100 saw an increase in market share for the second year in a row. BUILDER 100 companies saw their aggregate share of closings of for-sale units rise in 2011 by 2.5 percent to 43.42 percent. That’s the highest market share for this group that BUILDER has ever recorded. 

 “Although the top 10 builders maintained their share year over year, it was the middle tier, Nos. 11 through 50, that experienced the biggest gain,” said Denise Dersin, BUILDER’s editor in chief. “A number of those companies are large, regional builders based in areas that did not suffer the severest shocks of the recession. But Any company with positive closings or revenue in 2011 was also doing a lot of the right things.” 

The BUILDER 100 is compiled from data collected by BUILDER magazine via direct survey of the nation’s top builders. The BUILDER 100 (and the Next 100) list is comprised of both private and public builders and identifies the top home builders in America by annual closings, gross revenue, and rate of change year over year, as well as information about where and what they build. 

BUILDER magazine has been conducting the survey and compiling the list since 1984. The BUILDER 100 is profiled extensively in the May 2012 issue of BUILDER magazine and on BUILDERONLINE.com. This year’s honorees also will be recognized at an awards luncheon event at the 2012 Housing Leadership Summit on May 15 in New York. For more information about the 2011 BUILDER 100 rankings, visit www.builderonline.com/builder100/2011.aspx.