Financial performance - Canadian Industry Statistics

Browse for an industry Glossary

Utilities - 22

Here you will find information on average revenues, expenses and profits for small and medium-sized businesses in this sub-sector. You can use this information to see how your business measures up to the competition.

The links below provide two views of reports with different parameters. Other reports are available with other selections such as Provinces/Canada, Incorporation Status, Distribution, Value and Industry. A customized report, including the ability to add your own data; export reports to Excel and search for other NAICS reports, is available from the Financial Performance Data application.

Revenue range:
Annual revenues $30,000 - $5,000,000
Provinces/territory/Canada:
Canada
Incorporation status:
All businesses
Note: Balance sheet information is not available for all businesses and unincorporated businesses under the incorporation status.
Distribution by:
Profit margin
Value in:
Percentage
Data year:
2021
Industry:
Utilities - 22

N/A = Data not available based on selected status

Report by profit margin and percentage
  Whole
industry
(reliability)		 Bottom
quartile
(25%)		 Lower
middle
(25%)		 Upper
middle
(25%)		 Top
quartile
(25%)		 Percentage of
businesses
reporting
Number of businesses 1,628
Profit margin range:
Low (%): N/A N/A 3.2% 26.6% 68.6%
High(%): 100.0% 3.2% 26.6% 68.6% 100.0%
REVENUES AND EXPENSES (percentage of total revenue) - Averages
Total revenue 100.0C 100.0 100.0 100.0 100.0 100.0
Sales of goods and services N/A N/A N/A N/A N/A N/A
All other revenues N/A N/A N/A N/A N/A N/A
Cost of sales (direct expenses) 29.8C 37.9 39.1 9.1 0.5 38.9
Wages and benefits 3.7C 4.0 5.2 1.6 0.0 14.4
Purchases, materials and sub-contracts 26.2C 34.1 34.0 7.5 0.4 38.6
Opening Inventory 0.5E 0.5 0.8 0.2 0.0 5.5
Closing inventory 0.6E 0.6 0.9 0.2 0.0 5.0
Operating expenses (indirect expenses) 68.7E 120.5 48.2 48.4 10.9 92.5
Labour and commissions 18.8E 35.8 15.0 5.6 0.2 34.4
Amortization and depletion 10.6C 14.3 7.9 13.3 3.1 70.8
Repairs and maintenance 3.7C 5.0 3.5 3.4 0.5 48.6
Utilities and telephone/telecommunication 1.8C 2.3 1.5 2.5 0.3 64.8
Rent 1.9C 2.3 1.8 2.0 0.4 35.4
Interest and bank charges 10.1E 22.2 3.6 7.0 1.3 44.3
Professional and business fees 6.1E 13.5 2.8 2.7 1.3 71.5
Advertising and promotion 0.8E 1.7 0.5 0.3 0.1 37.2
Delivery, shipping and warehouse expenses 0.3E 0.5 0.3 0.0 0.0 12.9
Insurance 1.5C 2.1 1.3 1.4 0.4 62.5
Other expenses 13.0E 20.8 10.1 10.0 3.3 83.4
Total expenses 98.5C 158.4 87.3 57.4 11.4 92.7
Net profit/loss 1.5A -58.4 12.7 42.6 88.6 99.2
BALANCE SHEET (thousands of dollars) - Averages
Total assets N/A N/A N/A N/A N/A
Total current assets N/A N/A N/A N/A N/A
Accounts receivable N/A N/A N/A N/A N/A
Closing inventory N/A N/A N/A N/A N/A
Other current assets N/A N/A N/A N/A N/A
Net tangible and intangible assets N/A N/A N/A N/A N/A
All other assets and adjustments N/A N/A N/A N/A N/A
Total liabilities N/A N/A N/A N/A N/A
Total current liabilities N/A N/A N/A N/A N/A
Current bank loans N/A N/A N/A N/A N/A
Other current liabilities N/A N/A N/A N/A N/A
Long term liabilities N/A N/A N/A N/A N/A
Total equity N/A N/A N/A N/A N/A
FINANCIAL RATIOS Averages
Current ratio N/A N/A N/A N/A N/A
Debt to equity ratio N/A N/A N/A N/A N/A
Interest coverage ratio 1.1 -1.6 4.6 7.0 67.2
Debt ratio N/A N/A N/A N/A N/A
Revenue to equity ratio N/A N/A N/A N/A N/A
Revenue to closing inventory ratio N/A N/A N/A N/A N/A
Current debt to equity (%) N/A N/A N/A N/A N/A
Net profit to equity (%) N/A N/A N/A N/A N/A
Net fixed assets to equity (%) N/A N/A N/A N/A N/A
Gross margin (%) 70.2 62.1 60.9 90.9 99.5
Return on total assets (%) N/A N/A N/A N/A N/A
Collection period for accounts receivable (days) N/A N/A N/A N/A N/A
PROFITABLE vs NON-PROFITABLE BUSINESSES (thousands of dollars)
Profitable
Percentage of businesses (%) 81.6 N/A N/A N/A N/A
Total revenue 502.4C 867.4 840.1 400.4 170.7
Total expenses 370.1C 853.2 733.7 230.0 19.5
Net profit 132.3C 14.3 106.4 170.4 151.3
Non-Profitable
Percentage of businesses (%) 18.4 N/A N/A N/A N/A
Total revenue 613.3C N/A N/A N/A N/A
Total expenses 1,157.5E N/A N/A N/A N/A
Net loss -544.2E N/A N/A N/A N/A

Source: Statistics Canada – Financial Performance Data

Quality Indicators

A
Excellent
B
Very good
C
Good
D
Acceptable
E
Use with caution
Report a problem on this page
Date modified: