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Sorren Benchmark Report

Silver Fork Hardware

Klamath Falls, OR · NAICS 444110 Home Centers and Building Supply

Tax year 2026
Prepared by Robert Sorensen
Medford, OR office
Section 1

Executive Summary

Silver Fork Hardware generated $6,058,000 of revenue in 2026 with 26 employees, producing an EBITDA margin of 3.9% against a peer median of -2.4%. Compared with 129 similar businesses, performance is strongest in growth and warrants examination in tax efficiency. Total benchmark variance across all categories is $1.60M.

Section 2

Company Snapshot

Revenue
$6.06M
Employees
26
Entity type
Sole Proprietorship
Years in business
36
Gross margin
32.5%
EBITDA margin
3.9%
Net margin
0.1%
Effective tax rate
19.0%
Section 3

Peer Group Definition

129 businessesNAICS 444110 — Home Centers and Building SupplyORRevenue $3.0M–$9.7M13–37 employeesTax year 2026

Comparison sample size 129; NAICS 444110; revenue range $3.00M$9.70M; geographic filter OR. Data availability for this client: 81% 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 Sold67.5%71.2%63.6%
Gross Profit32.5%28.8%36.4%
Payroll12.1%14.6%13.2%
Benefits1.4%1.8%1.6%
Occupancy3.1%3.9%3.3%
Marketing1.3%1.4%1.6%
Insurance1.1%1.0%1.0%
Professional Fees0.6%0.6%0.5%
Administrative & Other5.9%4.7%4.4%
EBITDA3.9%-2.4%6.5%
Depreciation1.7%1.8%1.6%
Interest2.1%2.1%1.8%
Net Income0.1%-6.4%1.8%
Section 5

Profitability and Operational Efficiency

Growth
98th
Profitability
66th
Labor Efficiency
62nd
Operating Efficiency
67th
Liquidity
64th
Leverage
52nd
Tax Efficiency
24th
Asset Efficiency
51st
Section 6

Balance Sheet

Current Ratio
2.86
median 2.80
Quick Ratio
1.50
median 1.40
Debt / EBITDA
7.58
median 1197460.00
Debt / Equity
0.97
median 0.85
Days Sales Outstanding
24.04
median 26.00
Asset Turnover
1.40
median 1.34
Section 7

Tax Overview

Federal tax
$1,153
State tax
$325
Effective rate
19.0%
Section 179
$144,786
Owner compensation
$144,555
Owner distributions
$3,195
Retirement
$28,817
Capital expenditures
$332,515
Section 8

Industry Trends

YearRevenueGrowthGrossEBITDAPayroll %
2022$5.09M+3.0%29.6%1.6%12.9%
2023$5.21M+2.4%29.3%1.3%12.8%
2024$5.36M+3.0%30.3%2.1%13.0%
2025$5.60M+4.4%32.4%3.8%13.5%
2026$6.06M+8.2%32.5%3.9%13.5%
Section 9

Opportunities for Discussion

  • Revenue per Employee. Revenue per employee of $233K compares with a peer median of $294K. Is productivity constrained by capacity, mix, or pricing?Benchmark variance $1.57M
  • Owner Compensation Structure. Owner compensation represents 2.4% of revenue compared with a 2.9% median for comparable entities. Should compensation strategy be reviewed with the tax team?Benchmark variance $30K
  • Gross Margin Variance. Gross margin of 32.5% compares with a peer median of 28.8%. Where are direct costs and pricing diverging from comparable businesses?
  • Working Capital Position. Current ratio of 2.86 compares with an industry median of 2.80. How much liquidity headroom does the business need through its cycle?
  • Payroll Efficiency. Total labor cost represents 13.5% of revenue against a peer median of 16.5%. Is the staffing model carrying capacity for growth, or absorbing margin?
  • Operating Expense Load. Operating expenses run 28.6% of revenue versus a peer median of 31.2%. Which expense categories account for the difference?
  • Leverage Profile. Debt to EBITDA of 7.58x compares with a peer median of 1197460.00x. 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.