Financial performance - Canadian Industry Statistics

Browse for an industry Glossary

Accommodation and food services - 72

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:
2024
Industry:
Accommodation and food services - 72

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 91,354
Revenue range:
Low ($000) 30 30 167 437 981
High ($000) 5,000 167 437 981 5,000
REVENUES AND EXPENSES (thousands of dollars) - Averages
Total revenue 756.8C 83.9 292.7 666.6 1,984.0 100.0
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) 311.0C 22.7 107.9 266.4 847.1 83.4
Wages and benefits 58.4C 1.8 13.2 37.0 181.6 19.4
Purchases, materials and sub-contracts 252.4C 20.8 94.6 229.2 665.0 82.9
Opening Inventory 5.3C 1.1 2.9 5.1 12.1 26.8
Closing inventory 5.1C 1.0 2.8 5.0 11.5 26.6
Operating expenses (indirect expenses) 416.8C 64.0 186.2 382.8 1,034.1 99.1
Labour and commissions 175.1C 13.3 67.9 167.0 452.1 75.4
Amortization and depletion 25.2C 6.2 13.5 22.4 58.7 76.1
Repairs and maintenance 18.3C 4.0 7.9 14.6 46.6 85.4
Utilities and telephone/telecommunication 22.3C 4.9 12.8 21.6 49.9 91.5
Rent 57.7C 10.1 33.2 58.7 129.0 76.8
Interest and bank charges 12.3E 4.7 6.9 10.5 26.9 51.4
Professional and business fees 13.1E 3.6 5.6 10.0 33.1 90.6
Advertising and promotion 13.5E 1.2 4.0 10.2 38.7 76.4
Delivery, shipping and warehouse expenses 4.8E 0.3 1.4 4.9 12.5 22.3
Insurance 8.0C 2.6 5.0 7.4 17.1 84.9
Other expenses 66.5E 13.1 27.8 55.4 169.5 98.5
Total expenses 727.8C 86.8 294.0 649.1 1,881.2 99.1
Net profit/loss 29.0B -2.9 -1.3 17.5 102.7 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 3.4 0.4 0.8 2.7 4.8
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 (%) 58.9 72.9 63.2 60.0 57.3
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 (%) 61.5 N/A N/A N/A N/A
Total revenue 853.8C 80.9 294.6 672.1 2,032.2
Total expenses 764.0C 57.7 251.0 601.1 1,839.6
Net profit 89.8C 23.2 43.6 71.0 192.6
Non-Profitable
Percentage of businesses (%) 38.5 N/A N/A N/A N/A
Total revenue 601.7C 88.0 290.6 657.4 1,855.0
Total expenses 669.9C 126.9 342.4 728.6 1,992.7
Net loss -68.2E -38.9 -51.8 -71.2 -137.7

Source: Statistics Canada – Financial Performance Data

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