The typical commercial truck and transportation equipment distributor earned a profit of $78,518 in 2003, according to the recently released 2004 National Truck Equipment Association (NTEA) Distributor PROFIT Survey Report.
In contrast, the average high-profit distributor generated a profit of $328,794 during the same period of time.
The Report provides data that truck equipment distribution firms can use in benchmarking the profitability of their businesses. Components include an explanation of statistics and executive summary containing an overview of the study results, with emphasis between the typical and high-profit truck equipment distributor firm. Individual sections cover return on investment, income statement, balance sheet, financial ratios, productivity ratios, line of business analysis, market data analysis, trend analysis, and an overview of the survey methodology and detailed information on the calculation of financial ratios used in the Report. Results are tabulated and prepared for the NTEA by Profit Planning Group (Boulder, CO).
To order a copy of the 2004 NTEA Distributor PROFIT Survey Report, call 1-800-441-NTEA; e-mail [email protected]; or download an order form from NTEA.com. The Report retails for $100 NTEA members; $200 nonmembers.