In 2005, financial performance varied widely among manufacturers in the work truck industry, according to the recently released National Truck Equipment Association (NTEA) 2006 Manufacturer Financial Performance Report.
The typical truck equipment manufacturer had sales of more than $10 million and a pre-tax profit of 3.2%, while the high-profit companies had sales of more than $11 million and a pre-tax profit of 8.6%. The high-profit category includes the top 10 companies based on pre-tax return on assets.
This report includes an Executive Summary that provides an overview of the study and emphasizes the differences between the typical company and the high-profit company.
Additional sections include:
Detailed Results analyze return on investment, income statement, balance sheet, and financial ratios for companies.
Sales Volume Analysis examines manufacturers by sales volume category.
Variance Analysis provides the range of common experience for each of the ratios and measures.
The report is available to non-participating NTEA members for $50 and non-members for $100. To purchase a copy or for more details, phone 800-441-6832 or visit www.ntea.com.