Financial performance - Canadian Industry Statistics

Browse for an industry Glossary

Manufacturing - 31-33

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:
Total revenue
Value in:
Thousands of dollars
Data year:
2021
Industry:
Manufacturing - 31-33

N/A = Data not available based on selected status

Report by revenue in thousand of dollars
  Whole
industry
(reliability)		 Bottom
quartile
(25%)		 Lower
middle
(25%)		 Upper
middle
(25%)		 Top
quartile
(25%)		 Percentage of
businesses
reporting
Number of businesses 58,505
Revenue range:
Low ($000) 30 30 94 278 933
High ($000) 5,000 94 278 933 5,000
REVENUES AND EXPENSES (thousands of dollars) - Averages
Total revenue 747.3C 56.4 168.3 531.7 2,232.9 100.0
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) 408.9C 16.5 61.8 247.5 1,309.9 83.0
Wages and benefits 106.3C 1.5 10.2 59.4 354.1 41.2
Purchases, materials and sub-contracts 318.4C 15.2 53.8 196.2 1,008.6 82.9
Opening Inventory 75.9C 6.4 16.7 48.1 232.4 47.7
Closing inventory 91.7C 6.7 18.9 56.2 285.1 50.7
Operating expenses (indirect expenses) 294.2C 51.2 96.5 259.6 769.7 97.6
Labour and commissions 113.5C 7.9 28.7 99.7 317.7 59.3
Amortization and depletion 23.7C 3.6 8.2 19.8 63.2 78.5
Repairs and maintenance 9.2C 1.2 2.9 7.8 25.0 59.7
Utilities and telephone/telecommunication 11.6C 2.0 4.7 10.8 29.1 82.8
Rent 30.1C 3.9 11.5 29.4 75.6 62.7
Interest and bank charges 8.9E 4.4 3.1 7.1 21.1 48.0
Professional and business fees 17.7E 13.0 6.3 13.0 38.7 87.9
Advertising and promotion 8.7E 1.3 3.1 7.3 23.1 71.4
Delivery, shipping and warehouse expenses 5.0E 1.4 1.5 3.5 13.8 27.1
Insurance 7.5C 1.3 3.1 6.9 18.5 71.7
Other expenses 58.2E 11.3 23.4 54.2 143.9 95.6
Total expenses 703.1C 67.7 158.2 507.0 2,079.6 97.8
Net profit/loss 44.2A -11.3 10.1 24.7 153.3 99.9
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 5.9 -1.6 4.3 4.5 8.3
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 (%) 45.3 70.8 63.3 53.5 41.3
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 (%) 76.1 N/A N/A N/A N/A
Total revenue 787.9C 56.6 167.9 535.8 2,273.8
Total expenses 661.0C 32.3 117.7 434.4 1,957.2
Net profit 126.9C 24.3 50.2 101.4 316.6
Non-Profitable
Percentage of businesses (%) 23.9 N/A N/A N/A N/A
Total revenue 618.4C 55.7 169.4 519.7 2,063.9
Total expenses 836.9C 175.6 272.3 721.3 2,584.9
Net loss -218.5E -119.8 -102.9 -201.6 -521.0

Source: Statistics Canada – Financial Performance Data

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