PGT Innovations Named a Best Small Company by Forbes for Third Year in a RowMarch 20th, 2023 by Editor
PGT Innovations has announced it was recently named to Forbes magazine’s 2023 list of Best Small Companies—a distinction it holds 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 32 spots, moving from number 79 in 2022 to number 47. The manufacturer was one of nine firms in the construction classification.
“We are incredibly honored to be recognized again by Forbes with this accolade,” said Jeff Jackson, president and CEO of PGT Innovations. “The efforts from our team members over the past year have been nothing short of amazing, and this acknowledgement is a direct reflection of their continued ability to invent, build and deliver solutions to enhance people’s lives. We look forward to another year of growth within our company and across our family of brands.”
Forbes used data from FactSet to produce its ranking of America’s 100 Best Small Companies. It screens more than 1,000 companies with a market value between $300 million and $2 billion to find 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., operating 10 manufacturing facilities and a glass processing plant.