Record Second Quarter Revenue
Consolidated net revenue for the second quarter increased 3% to a record $760 million compared to $738 million for the same period last year.
Strong Performance in Commercial Sales
Second quarter commercial sales in the Installation segment increased 9% from the prior year period, driven by heavy commercial activity.
Improved Cash Flow
Cash flow from operating activities increased 11% to $182 million for the six months ended June 30, 2025.
Increased Dividends and Share Repurchases
Paid nearly $68 million in cash dividends and repurchased approximately $84 million of common stock in the first half of 2025.
Multifamily Market Growth
Double-digit multifamily starts growth in the second quarter of 2025, marking the first time in two years.