Sorren
Reports

Benchmark Report

Sorren-branded, client-ready reporting generated from the selected peer cohort.

Prebuilt reports
Sorren Benchmark Report

Grants Pass Plumbing & Heating

Grants Pass, OR · NAICS 238220 Plumbing, Heating, and Air-Conditioning Contractors

Tax year 2026
Prepared by Grace Byrne
Medford, OR office
Section 1

Executive Summary

Grants Pass Plumbing & Heating generated $5,020,000 of revenue in 2026 with 32 employees, producing an EBITDA margin of 17.4% against a peer median of 2.6%. Compared with 159 similar businesses, performance is strongest in profitability and warrants examination in tax efficiency. Total benchmark variance across all categories is $1.76M.

Section 2

Company Snapshot

Revenue
$5.02M
Employees
32
Entity type
C Corporation
Years in business
23
Gross margin
58.8%
EBITDA margin
17.4%
Net margin
10.2%
Effective tax rate
22.7%
Section 3

Peer Group Definition

159 businessesNAICS 238220 — Plumbing, Heating, and Air-Conditioning ContractorsORRevenue $2.5M–$8.0M16–45 employeesTax year 2026

Comparison sample size 159; NAICS 238220; revenue range $2.50M$8.00M; geographic filter OR. Data availability for this client: 67% coverage across tax return, financial statements, payroll and employee records.

Section 4

Financial Performance

Line item (% revenue)CompanyPeer medianTop 25%
Revenue100.0%100.0%100.0%
Cost of Goods Sold41.2%53.6%47.2%
Gross Profit58.8%46.4%52.8%
Payroll21.7%22.6%19.9%
Benefits3.1%4.0%3.6%
Occupancy2.0%2.1%1.9%
Marketing2.8%2.9%3.2%
Insurance2.3%2.2%2.0%
Professional Fees0.8%0.9%0.8%
Administrative & Other3.8%4.9%4.3%
EBITDA17.4%2.6%9.1%
Depreciation2.5%2.3%2.0%
Interest1.8%1.5%1.3%
Net Income10.2%-1.0%4.2%
Section 5

Profitability and Operational Efficiency

Growth
24th
Profitability
98th
Labor Efficiency
51st
Operating Efficiency
67th
Liquidity
26th
Leverage
57th
Tax Efficiency
17th
Asset Efficiency
52nd
Section 6

Balance Sheet

Current Ratio
2.69
median 2.85
Quick Ratio
2.18
median 2.28
Debt / EBITDA
1.43
median 9.07
Debt / Equity
1.26
median 0.90
Days Sales Outstanding
42.01
median 43.06
Asset Turnover
1.91
median 1.85
Section 7

Tax Overview

Federal tax
$117,383
State tax
$33,108
Effective rate
22.7%
Section 179
$101,374
Owner compensation
$256,208
Owner distributions
$308,416
Retirement
$35,152
Capital expenditures
$220,881
Section 8

Industry Trends

YearRevenueGrowthGrossEBITDAPayroll %
2022$3.79M+19.0%57.1%16.7%23.7%
2023$4.24M+11.8%56.9%16.7%23.6%
2024$4.59M+8.3%58.0%17.1%24.3%
2025$4.84M+5.4%59.0%17.5%24.9%
2026$5.02M+3.6%58.8%17.4%24.8%
Section 9

Opportunities for Discussion

  • Revenue per Employee. Revenue per employee of $157K compares with a peer median of $210K. Is productivity constrained by capacity, mix, or pricing?Benchmark variance $1.68M
  • Working Capital Position. Current ratio of 2.69 compares with an industry median of 2.85. How much liquidity headroom does the business need through its cycle?Benchmark variance $63K
  • Owner Compensation Structure. Owner compensation represents 5.1% of revenue compared with a 5.3% median for comparable entities. Should compensation strategy be reviewed with the tax team?Benchmark variance $11K
  • Payroll Efficiency. Total labor cost represents 24.8% of revenue against a peer median of 26.9%. Is the staffing model carrying capacity for growth, or absorbing margin?
  • Gross Margin Variance. Gross margin of 58.8% compares with a peer median of 46.4%. Where are direct costs and pricing diverging from comparable businesses?
  • Operating Expense Load. Operating expenses run 41.4% of revenue versus a peer median of 43.9%. Which expense categories account for the difference?
  • Leverage Profile. Debt to EBITDA of 1.43x compares with a peer median of 9.07x. Does the capital structure match the asset base and cash cycle?
Section 10

Advisor Notes

Section 11

Methodology

Sorren Benchmark aggregates anonymized financial, tax, payroll and operational data across 60,000 businesses. Peer statistics report count, mean, median, 10th, 25th, 75th and 90th percentiles and standard deviation. Comparisons use normalized ratios rather than raw dollars. Statistics are released only where a cohort contains at least 10 businesses, and individual peer companies are never displayed. Benchmark variance expresses the mathematical difference between this company and its peer median; it is not a projection of savings, nor tax or investment advice.