Tuesday, November 6, 2018

Financial Benchmarking Data for Small Chemical Companies


A Canadian Government’s website provides financial data for small Canadian chemical companies.  Click here to go to this website.  The data is based on reporting to the Canadian Government by approximately 2,000 chemical companies ranging in size form $30,000 (Canadian dollars) to $5 million in revenues.   Income statement data are provided, but not balance sheet data.   The average revenue for all companies is $816,900 and 72.4% of the companies are profitable.  The average gross profit margin percentage is 48.1 percent.

The Canadian site provides data for companies offering the following products: basic chemicals; resins, synthetic rubber, and artificial and synthetic fibers and filaments; pesticide, fertilizer, and other agriculture chemicals; pharmaceuticals and medicines; paints, coatings, and adhesives; and soap, cleaning, and toilet preparations.

The United States Census Bureau has income and balance sheet data for chemical companies with total assets less than $25 million.  Click here to go this data (pdf file).  Assets of less than $25 million suggest companies similar in size to the companies represented at the Canadian government site.  The US Census Bureau data includes balance sheet data, while the Canadian data does not.   However, the US income data does not include cost of sales, so that gross profit margin percentages cannot be computed.  The US data also report on chemical companies by product offerings.

Such financial data for smaller companies, as given by the Canadian and US governments, can be difficult to find.  This data can be valuable to smaller chemical companies interested in benchmarking their financial data to other similar-sized companies offering similar products.


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