The latest NAED PAR Report® has been released! And, based on the performance data compiled, the average electrical distributor saw sales growth increase last year.
According to the 2019 report which measured performance in 2018, the typical respondent reported positive sales growth of 5.2% and a 3.7% profit margin. The typical distributor’s return on net worth was 18.4% in 2018. This is a slight decrease from the average respondent’s rate for 2017, which was reported as 18.9%.
NAED’s 2019 PAR Report gives a detailed analysis of key operating data from the electrical distribution industry. Based on confidential surveys completed by electrical distributors earlier this year, the report offers distributors an up-to-date picture of their financial performance on operations, assets, and sales. Breakouts by sales volume, customer segments, number of locations and regions are also included in the report.
The annual industry overview enables industry members to compare their company’s financial performance against electrical distributors as a whole. The report is regarded as one of NAED’s most popular offerings because it assists members in spotting significant differences between a company’s performance and comparable aggregates — which can be the first step toward improving performance.
The report is compiled, tabulated, and analyzed by Industry Insights, Inc. an independent professional research and consulting firm that specializes in conducting financial analysis, compensation studies, market assessments, and other forms of customized research.