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Benchmarking Your Company Against Your Industry

By Sean M. Hugo, CPA

Are you currently using industry benchmarks to evaluate your company's performance?  Do you know if your cost of goods sold as a percentage of sales is worse than the industry average how about your operating margin?  Looking at how your company's financial results compare to other companies within your industry can help you see where your company is coming up short and where it is out performing the other companies in your industry.   We subscribe to three different industry data benchmarking services to provide our clients with the most up-to-date industry data available. 

Our industry data reports contain financial ratios,  common size financial statements, and industry recommendations.  Call our office today at 405-759-2796 to schedule a free 30 minute consultation where we will go over with you the industry data we have available for your industry.