Peer Group Database – Dennis Gardiner, CPA, Managing Partner

We have breathed life back into our client peer group database, including current year information and some past years. The database tracks 26 key ratios and 18 different gross margins (as ¢ per unit or % of sales) for commodities and products sold. We have several ways to build out your peer group, including states, fiscal year-end, size of sales and grain sales percentage. Below are some results for this year compared to last year:

 

Sales of

 

<$50MM

 

$50 - $150MM

 

$150 - $300MM

 

>300MM

 

2020

2021

 

2020

2021

 

2020

2021

 

2020

2021

 

 

 

 

 

 

 

 

 

 

 

 

Current Ratio

2.82

2.44

 

1.50

1.49

 

1.57

1.24

 

1.55

1.37

Operating Profit to Sales

1.70

2.67

 

1.63

0.98

 

1.20

1.68

 

0.41

0.47

Operating Profit to Local Equity

6.50

8.08

 

6.23

4.55

 

5.58

11.72

 

2.15

2.38

Gross Revenue to Personnel Costs

2.48

2.61

 

2.65

2.58

 

2.78

3.66

 

2.53

2.67

Term Debt to Equity

0.18

0.20

 

0.26

0.22

 

0.24

0.38

 

0.26

0.26