Consumer goods rental sector, 2015
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Released: 2016-11-21
Operating revenue for the consumer goods rental and general rental centres industry groups increased 2.9% from 2014 to $2.6 billion in 2015. Operating revenue of consumer goods rental rose 3.9% from 2014 to $2.1 billion. This increase was slightly offset by a 1.4% decline in operating revenue at general rental centres to $471.0 million.
Operating expenses for the industry groups were relatively unchanged in 2015 at $2.2 billion. Operating expenses in consumer goods rental edged down 0.1% from 2014 to $1.7 billion. In general rental centres, operating expenses edged up 0.6% from 2014 to $436.4 million.
The operating profit margin for the two industry groups combined reached 16.2% in 2015, up from 13.8% in 2014.
Salaries, wages, commissions, and benefits (28.5%) was the largest component of operating expenses for the industry groups, followed by the cost of goods sold (19.8%) and amortization and depreciation (18.5%).
The majority of sales of the industry groups were to individuals and households, which accounted for 67.8% of all sales in 2015. The business sector represented 27.6% of sales, with the remaining 4.6% attributable to sales to governments, non-for-profit organizations, public institutions and clients outside of Canada.
Note to readers
Data for 2014 has been revised.
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