Industry Report: Engineering Services
This month’s Industry Report includes the metrics and common size information for Engineering Services.
You already have your financial statements in hand, you know your metrics, now let us provide some information that will help you see how you compare to your competition.
We have provided key financial metrics through 2019 for Engineering Services. We have also provided common size information to see how your balance sheet and income statement compares to your competition.
For 2019 alone, there are 78 companies factored into the averages below. Gross profit margins of 59.14% increased slightly from 2018 margins of 58.67% while profit growth showed significant improvement from -22.56% in 2018 to 25.55% in 2019.
Use this information to identify areas where you are doing well, or areas where you may have an opportunity to improve. Or, just use it to support future decisions.
Click on the links below to view the metrics and common size information for Roofing Contractors.
Engineering Services – Industry Financial Data and Ratios
Engineering Services – Industry Data Common Size
Would you like us to give you more details on how your company compares? Would you like to see more refined results specific to your state, region, or sales range? Contact Dan Sturm, Partner at McKonly & Asbury via our contact page if you would like to discuss any of this information further.
About the Author
Tim is a leader within our Architecture, Engineering, and Construction (AEC) Practice, serving clients across the Mid-Atlantic. He is also an active member of the firm’s A&A Committee, which exercises oversight over the firm’s A&a… Read more
