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Industry benchmarks on profit margins, asset levels, and equity positions are important because they allow businesses to compare their performance to their peers, and that can be extremely helpful in identifying areas for improvement and increasing efficiencies.
This is the reason NAHB periodically conducts a survey asking single-family builders nationwide to (confidentially) provide us their income statements and balance sheets. See the complete results in the recently released Cost of Doing Business Study: 2016 Edition.
“The Cost of Doing Business Study contains a wealth of information about the residential construction industry and is a critical resource for builders,” said ... Read the entire article at the NAHB Now blog