Is your construction company performing as well as its industry peers? Construction benchmarking is an essential tool for business owners looking to improve their overall performance. The process involves measurement and comparison to specific standards to support systematic improvements in productivity.
BELOW ARE BENCHMARKS FOR FIVE MAJOR SUBGROUPS IN THE CONSTRUCTION INDUSTRY:
- Commercial Builders
- Heating & Air Conditioning
Note: Every construction company is unique, and the standards below will not apply to all. These metrics should be used as a guideline. Statistics and information was provided from the IBISWorld Industry Reports.