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Income Statement Comparison Summary

Income Statement Comparison Summary

The Income Statement Comparison Summary charts the actual dollar amounts for each category, converts each number into a percentage of Net Sales, and then benchmarks the percentage against the industry standard. This standardizes the reports and gives the report more context as the actual comparative dollars would vary more widely than the percentages.
You can quickly see in this sample chart that City Cycle has a greater percentage of sales going to Operating Expenses than the industry standard, but has a significantly greater percentage of Gross Profit, which more than compensates, giving this business a Operating Profit many times higher than than the industry standard as a percentage of Net Sales.

BizBench Reports benchmark a business against similar businesses in the same NAICS code in 51 key financial metrics using the extensive database of hundreds of thousands of businesses throughout North America.

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