Consumer goods rental sector, 2016
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.
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).
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