PGT Innovations Named a Best Small Company by Forbes for Third Year in a Row
Business
SRQ DAILY MONDAY BUSINESS EDITION
MONDAY MAR 13, 2023 |
PGT Innovations (NYSE: PGTI), a leading manufacturer of premium windows, doors, and garage doors, was recently named on Forbes' 2023 list of Best Small Companies for the third year in a row. The complete list includes 100 U.S. companies across a number of industry categories. This year, PGT Innovations improved its ranking by an impressive 32 spots – moving from No. 79 in 2022 to No. 47. The manufacturing leader was one of nine firms in the construction classification. To produce its ranking of America’s 100 Best Small Companies, Forbes used data from FactSet to screen more than 1,000 companies with a market value between $300 million and $2 billion to find 541 companies that also had positive sales growth over the past 12 months and a share price of at least $5. Financial institutions, REITs, utilities, royalty trusts and limited partnerships were excluded, as were companies that have been public for less than one year. The top 100 ranking was based on earnings growth, sales growth, return on equity, and total stock return for the latest 12 months available and over the last five years. PGT Innovations employs approximately 5,500 team members across the U.S., operates 10 manufacturing facilities and a glass processing plant, produces hundreds of products that unify indoor and outdoor living spaces, and has a legacy of being the leading impact-resistant window and door manufacturer in the nation.
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