GMS Inc.: How Are They Navigating Price Dynamics in Key Product Segments?

GMS Inc. reported a robust fiscal year 2024, marked by record net sales of $5.5 billion, a testament to volume growth across all four product categories—Wallboard, Ceilings, Complementary Products, and Steel Framing. In particular, the resilience in Wallboard pricing and inflation adjustments in Ceilings and Complementary Products significantly contributed to the revenue. These results underscore the company’s strong position in the market, benefiting from ongoing demand in multifamily and steady commercial activity levels.