NALP's 2021 Industry Financial Benchmark Study is Now Available
Fairfax, VA., (December 7, 2021) — The National Association of Landscape Professionals has released its 2021 Financial Benchmark Study, which helps landscape and lawn care companies compare their financial performance to that of similar industry companies.
The report, compiled by Industry Insights Inc., a professional research and consulting firm, presents a detailed analysis of the key financial data of landscape and lawn care companies. The study is based on 2020 data compiled from 169 companies from across the country.
The report shares productivity, profitability, and financial benchmarks, including net operating profit, return on assets, net worth, net sales per employee, liquidity, and more. The data is segmented by high profit firms, number of employees, revenue, revenue categories, and U.S. region so that users can use the most relevant comparisons to measure their company's performance.
"We know how important it is to see how your company stacks up against similar firms so that you can look for ways to improve your profitability and streamline operations," said NALP CEO Britt Wood. "The 2021 Financial Benchmark Study will help inform landscape and lawn care companies’ business strategy for the coming year."
The 2021 Financial Benchmark Study is available for purchase now in the NALP bookstore.
The National Association of Landscape Professionals represents an industry of approximately 1 million landscape, lawn care, irrigation, and tree care professionals. Through national advocacy campaigns, the association is growing the industry and its workforce. NALP offers its members professional development through education, networking, and training, certification and accreditation programs. For more information about NALP, visit www.landscapeprofessionals.org.