Maximizing the return on investment (ROI) for specialized roofing equipment is crucial for contractors who are committed to sustainable growth and profitability. Accurately calculating equipment ROI not only clarifies your capital investments but also empowers companies to win more bids, and retain skilled staff in a tight labor market.
Identify Operating Costs
Start looking at your equipment ROI with a clear cost breakdown. Ownership costs include purchase price, depreciation, insurance, and loan interest. Operating costs encompass maintenance, fuel, and the additional labor tied directly to using the equipment. Tracking these expenditures ensures you’re accounting for every dollar.
Calculate Direct Savings
By regularly auditing your company’s equipment utilization, you can look to keep your overall return on investment high. Selling or deploying underused machines will ensure that nothing is sitting idle. Zenduit writes “Underutilized assets are a hidden drain on ROI. They show up on reports. They get maintained. They’re insured. But they’re not delivering value.”
Specialty roofing tools like the Equipter 4000 are recognized to have high return. A crew using the Equipter can reclaim up to 30 labor hours per week, translating to well over $26,000 in annual labor savings on three roofs weekly across one 35-week season. Look to tools that go out on every job to maximize your roofing company’s performance.
Factor in Indirect Gains
Beyond direct job site efficiencies, smart equipment investments improve crew retention and morale, curbing turnover costs and increasing project quality. Enhanced workflow supports cleaner, faster project completion, which elevates customer satisfaction. Roofing companies that keep job sites clean sell more jobs based on positive feedback and referrals.
Monitor, Maintain, Optimize
Maximize ROI by reviewing key performance metrics every quarter. Proactively manage equipment downtime through preventive maintenance and reallocate underperforming assets strategically. This ongoing evaluation keeps your investments working for you and ensures that your bids are competitive.
The Modern Debris Handling Process
The Equipter 4000 is trusted by roofing professionals from coast-to-coast to keep job sites free of debris. The Equipter is a drivable debris container, allowing it to be driven across a job site and positioned to catch shingles and nails at the roofline. To learn more about how the Equipter roofing process can benefit your company, give us a call at 717-661-3591.