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Consumer goods rental sector, 2016

Released: 2017-11-16

Operating revenue for the consumer goods rental and general rental centres industry groups increased 3.2%, from $2.52 billion in 2015 to $2.61 billion in 2016. Operating revenue of consumer goods rental rose 3.4% from 2015 to $2.1 billion in 2016. Operating revenue of general rental centres rose 2.5% to $491.2 million.

Operating expenses for the industry groups rose 1.1% to $2.1 billion. Operating expenses in consumer goods rental rose by 1.4% from 2015 to $1.7 billion. In general rental centres, operating expenses edged down 0.2% from 2015 to $443.5 million.

The operating profit margin for the two industry groups combined reached 18.1% in 2016, up from 16.4% in 2015.

Salaries, wages, commissions, and benefits (28.8%) was the largest component of operating expenses for the industry groups, followed by amortization and depreciation (19.9%) and cost of goods sold (17.6%).

The majority of sales of the industry groups were to individuals and households, which accounted for 69.5% of all sales in 2016. The business sector represented 25.3% of sales, with the remaining 5.2% attributable to sales to governments, not-for-profit organizations, public institutions and clients outside of Canada.

E-commerce sales made up 2.4% of total sales for the industry in 2016.

  Note to readers

Data for 2014 and 2015 have been revised.

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