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2023 Financial Performance Survey Report of U.S Architecture, Engineering, Construction (AEC) Firms

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    Report

  • 191 Pages
  • May 2023
  • Region: United States
  • Zweig Group
  • ID: 5331626

What's Included

Comprehensive data on the financial performance, financial departments, challenges, methodology, and financial practices of AEC industry firms.   his report provides insight into the 2022 fiscal year and will allow firm financial leaders to gain a unique perspective on where they stand relative to the industry.  

Key Financial Statistics

The key financial statistics portion of the report includes net service revenue and profitability measures, labor multipliers, turnover rates, and professional/technical to administrative staff ratios, and so much more. Data is also segmented by firm type, staff size, region of headquarters, growth rate, and client base, with multiple years of trend data for overall medians or means.

Personnel Costs

Five major types of personnel costs are analyzed in this publication including: payroll taxes, vacation, holiday & sick leave, group insurance, pension, profit sharing & 401(k) plans, and bonuses. Trend data is also given for historical spending comparisons. This section also includes data on workers’ compensation premiums and claims.

Other Financial Statistics

In addition to all the above information, this publication has data on additional financial topics - everything from financial software applications to cash flow reports and professional liability insurance.

Table of Contents

1. About the Survey
  • Respondents’ meta-data
2. Key Financial Statistics
  • Pre-tax, pre-bonus profit/loss on NSR
  • Pre-tax, pre-bonus profit/loss on gross revenue
  • Pre-tax, after bonus profit/loss on NSR
  • Pre-tax, after bonus profit/loss on gross revenue
  • EBITDA margin on NSR
  • EBITDA margin on gross revenue
  • NSR per full time employee
  • Pre-tax, pre-bonus profit/loss per FTE
  • Contribution rate
  • Overhead rate (excluding bonuses)
  • Overhead rate (including bonuses)
  • Revenue factor
  • Breakeven multiplier
  • Target multiplier
  • Net multiplier
  • Chargeability
  • Return on owners’ equity pre-tax, pre-bonus
  • Return on owners’ equity pre-tax, after bonus
  • Return on total assets pre-tax, pre-bonus
  • Return on total assets pre-tax, after bonus
  • Debt to equity ratio
  • Interest bearing debt to equity ratio
  • Interest bearing debt to EBITDA ratio
  • Third party interest bearing debt to equity ratio
  • Contents
  • 2023 Financial Performance Report
  • Current ratio
  • Quick ratio
  • Working capital
  • Average collection period
  • Work in process turnover
  • Average payment period
  • Backlogs
  • Staff turnover rate
  • Staff growth/decline
  • Technical staff to administrative staff ratio
  • Income statement (gross)
  • Income statement (NSR)
  • Balance sheets
3. Personnel Costs
  • Payroll taxes
  • Vacation/holiday/sick leave costs
  • Group insurance costs
  • Pension, profit-sharing, 401(k) plans
  • Bonus costs
  • Workers’ compensation
4. Finance & Accounting Staff
  • Staff breakdown
  • Staff titles & responsibilities
  • Education
  • Professional experience
  • Ownership
  • Gender/age
  • Compensation
  • Base salary summary
  • Bonus as a percentage of base salary summary
5. Other Statistics
  • Contract types
  • Line of credit
  • Professional liability insurance coverage/costs
  • Insurance claims
  • Professional service costs
  • Rent & utility costs
  • Travel & entertainment costs
  • Interest income/expense
  • Project disputes
  • Unbilled work in progress write-offs
  • Bad debt write-offs
  • Accounting method
  • Financial statements & cash flow reports
  • Finance & accounting software
  • Information sharing
6. Growth Trends & Outlook
  • Revenue & operating profit goals
  • Three year historical revenue/profit growth/decline
  • Annual growth rates
  • Growth projection
  • Outlook
  • Appendices
  • Explanation of Groupings
  • About the Authors

Samples

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