Help |
Return to Financial Performance Data

Report for: NAICS 23822 - Plumbing, heating and air-conditioning contractors - Financial Performance Data

Report details: Percentage

N/A = Data not available based on selected status

Financial performance data report
	Whole industry (reliability)	Bottom quartile (25%)	Lower middle (25%)	Upper middle (25%)	Top quartile (25%)	Percentage of businesses reporting
Number of businesses	21,334
Profit margin range:
Low (%)			1.1%	11.1%	27.0%
High (%)	N/A	1.1%	11.1%	27.0%	N/A
Revenues and expenses	(percentage of total revenue)— Averages
Total revenue	100.0	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)	55.5^C	62.7	61.8	52.7	30.4	86.6
Wages and benefits	15.0^C	18.2	17.7	13.5	5.2	41.8
Purchases, materials and sub-contracts	40.7^C	44.5	44.5	39.6	25.3	87.0
Opening inventory	3.9^C	5.6	4.3	3.1	1.8	37.6
Closing inventory	4.2^C	5.7	4.7	3.5	1.9	37.9
Operating expenses (indirect expenses)	33.3^C	43.9	32.2	29.9	26.5	98.8
Labour and commissions	15.4^C	21.0	15.6	13.7	9.1	64.0
Amortization and depletion	2.0^C	2.4	1.8	1.9	2.1	80.0
Repairs and maintenance	0.7^C	0.9	0.7	0.6	0.6	50.3
Utilities and telephone/telecommunication	1.1^C	1.4	1.0	0.9	1.0	88.2
Rent	1.7^C	2.2	1.8	1.5	1.2	61.3
Interest and bank charges	0.5^E	0.8	0.4	0.3	0.4	46.6
Professional and business fees	1.2^E	1.7	1.1	1.0	1.1	91.3
Advertising and promotion	1.3^E	1.7	1.3	1.2	1.1	81.6
Delivery, shipping and warehouse expenses	0.1^E	0.1	0.1	0.1	0.1	13.1
Insurance	1.4^C	1.9	1.4	1.3	1.3	87.0
Other expenses	7.9^C	9.8	7.0	7.3	8.5	98.3
Total expenses	88.8^C	106.7	94.0	82.6	56.9	98.9
Net profit/loss	11.2^C	-6.7	6.0	17.4	43.1	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	24.5	-7.2	14.8	52.4	114.6
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 (%)	44.5	37.3	38.2	47.3	69.6
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 (%)	78.3	N/A	N/A	N/A	N/A
Total revenue	747.0^C	853.7	1034.4	848.2	344.6
Total expenses	632.7^C	849.2	972.7	701.0	196.0
Net profit	114.3^C	4.5	61.8	147.2	148.5
Non-Profitable
Percentage of businesses (%)	21.7	N/A	N/A	N/A	N/A
Total revenue	566.2^C	N/A	N/A	N/A	N/A
Total expenses	613.3^C	N/A	N/A	N/A	N/A
Net loss	-47.0^C	N/A	N/A	N/A	N/A

Legend for: Quality indicators

A = Excellent
B = Very good
C = Good
D = Acceptable
E = Use with caution

Source: Statistics Canada - Small business profiles, 2024

Report a problem on this page

Date modified:: 2019-03-01