Latest industry report confirms profitability and sales growth is mixed
The American Supply Association’s Operating Performance Report (OPR) is the most comprehensive compilation of financial data for the PHCP and industrial PVF wholesale-distribution industry. For 35 years, it has served as the basis for comparing one’s own company’s performance with industry comparatives across product emphasis, sales volume size, geography and high-profit firms.
ASA’s newly-released report reflects 2016 data as reported by 182 different firms representing nearly 2,500 locations across the U.S.
- Plumbing Supply firms reported a 5.7% sales increase in 2016 compared to a 6.5% gain in 2015 and a 5.7% advance in 2014.
- PVF firms showed a 0.3% sales decline in 2016 following a 1.2% decline in 2015 and a 6.4% sales increase in 2014.
- Plumbing Supply & PVF firms experienced a 5.9% sales gain in 2016 following a 4.4% increase in 2015 and an 8.1% gain in 2014.
- Among all survey participants overall, after tax return on net worth was 11.7% in 2016 having been 10.3% in 2007, 7.8% in 2008, 2.3% in 2009, 6.1% in 2010, 8.0% in 2011, 9.5% in 2012, 11.4% in 2013, 13.1% in 2014 and 10.4% in 2015.
Visit BUSINESS INTELLIGENCE at www.asa.net to learn more and view sample pages from the report as well as replay the presentation and download the slides from the August 2 webinar. Tom Noon, principal at Industry Insights, reviewed the highlights, answered questions and offered suggestions on how to get the most from the
results of this year’s study.