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Sorren Benchmark Report

Bramble Equipment Company

Boise, ID · NAICS 423830 Industrial Machinery and Equipment Wholesalers

Tax year 2026
Prepared by Marcus Castellano
Boise, ID office
Section 1

Executive Summary

Bramble Equipment Company generated $55,974,000 of revenue in 2026 with 112 employees, producing an EBITDA margin of -15.5% against a peer median of -2.5%. Compared with 37 similar businesses, performance is strongest in growth and warrants examination in profitability. Total benchmark variance across all categories is $17.94M.

Section 2

Company Snapshot

Revenue
$55.97M
Employees
112
Entity type
Partnership
Years in business
12
Gross margin
12.6%
EBITDA margin
-15.5%
Net margin
-18.5%
Effective tax rate
0.0%
Section 3

Peer Group Definition

37 businessesNAICS 423830 — Industrial Machinery and Equipment WholesalersIDRevenue $28.0M–$89.6M56–157 employeesTax year 2026

Comparison sample size 37; NAICS 423830; revenue range $28.00M$89.60M; geographic filter ID. Data availability for this client: 99% 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 Sold87.4%75.3%65.1%
Gross Profit12.6%24.7%34.9%
Payroll13.9%13.0%12.1%
Benefits2.3%1.9%1.7%
Occupancy2.0%2.6%2.3%
Marketing1.1%1.0%1.0%
Insurance0.7%0.9%0.8%
Professional Fees0.7%0.7%0.7%
Administrative & Other4.6%4.9%4.3%
EBITDA-15.5%-2.5%8.1%
Depreciation1.5%1.5%1.3%
Interest1.5%1.8%1.7%
Net Income-18.5%-5.7%4.0%
Section 5

Profitability and Operational Efficiency

Growth
84th
Profitability
1st
Labor Efficiency
38th
Operating Efficiency
54th
Liquidity
52nd
Leverage
59th
Tax Efficiency
78th
Asset Efficiency
49th
Section 6

Balance Sheet

Current Ratio
2.69
median 3.07
Quick Ratio
1.74
median 1.93
Debt / EBITDA
12015578.00
median 8532698.00
Debt / Equity
0.66
median 0.94
Days Sales Outstanding
61.27
median 55.24
Asset Turnover
1.44
median 1.51
Section 7

Tax Overview

Federal tax
$0
State tax
$0
Effective rate
0.0%
Section 179
$781,894
Owner compensation
$2,098,975
Owner distributions
$0
Retirement
$346,438
Capital expenditures
$2,221,639
Section 8

Industry Trends

YearRevenueGrowthGrossEBITDAPayroll %
2022$44.23M+8.9%8.0%-19.2%15.3%
2023$47.13M+6.6%8.3%-18.9%15.4%
2024$47.41M+0.6%8.5%-18.8%15.4%
2025$51.63M+8.9%11.3%-16.5%15.9%
2026$55.97M+8.4%12.6%-15.5%16.2%
Section 9

Opportunities for Discussion

  • Gross Margin Variance. Gross margin of 12.6% compares with a peer median of 24.7%. Where are direct costs and pricing diverging from comparable businesses?Benchmark variance $6.81M
  • Revenue per Employee. Revenue per employee of $500K compares with a peer median of $560K. Is productivity constrained by capacity, mix, or pricing?Benchmark variance $6.76M
  • Working Capital Position. Current ratio of 2.69 compares with an industry median of 3.07. How much liquidity headroom does the business need through its cycle?Benchmark variance $3.24M
  • Payroll Efficiency. Total labor cost represents 16.2% of revenue against a peer median of 14.8%. Is the staffing model carrying capacity for growth, or absorbing margin?Benchmark variance $751K
  • Leverage Profile. Debt to EBITDA of 12015578.00x compares with a peer median of 8532698.00x. Does the capital structure match the asset base and cash cycle?
  • Operating Expense Load. Operating expenses run 28.0% of revenue versus a peer median of 27.4%. Which expense categories account for the difference?Benchmark variance $387K
  • Owner Compensation Structure. Owner compensation represents 3.7% of revenue compared with a 3.5% median for comparable entities. Should compensation strategy be reviewed with the tax team?
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.