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PLASTERING AND CEILING SERVICES INDUSTRY BENCHMARKS

  • Rachel James
  • Nov 8, 2024
  • 1 min read

Updated: Nov 21, 2024

Knowing the industry benchmark for plasterers and ceiling services helps you gauge your  business’s performance, identify growth opportunities, and make informed strategic decisions.


The main activities for businesses in this industry are the installation of plasterboard sheets, cornices and solid (or wet) plastering.


These benchmarks do not apply to cement renderers.


PLASTERING A WALL

Performance Benchmarks


These performance benchmarks are based on data from income tax and BAS statements filed with the Australian Tax Office.


The key benchmark for this industry is total expenses to turnover. This ratio is likely to be the most accurate predictor of business turnover.


Key Benchmark Ratio

Annual Turnover Range



 

Low

$50,000 – $300,000

Medium

$300,001 – $1,000,000

High

More than $1,000,000

Income Tax Return




Total expenses / Turnover

37% - 58%

72% - 83%

85% - 93%

Average total expenses

48%

78%

89%

Activity Statement




Non-capital purchases/ total sales

30% - 49%

47% - 65%

59% - 77%


The benchmarks are published as a range representing ratios reported by businesses grouped either side of the average. Publishing benchmarks as a range allows for variations across financial years, regions and business models.


The following benchmarks are available as a guide for businesses to review their performance and business practices against other similar businesses. The following expenses are not reported by every business, so one or more of these benchmarks may not apply to an individual business.





Benchmark Ratio

Annual Turnover Range

Income Tax Return

Low

$50,000 – $300,000

Medium

$300,001 – $1,000,000

High

More than $1,000,000

Cost of Sales / Turnover

13% - 24%

22% - 31%

28% - 34%

Labour / Turnover

24% - 37%

31% - 43%

33% - 47%

Motor Vehicle expenses / turnover

6% - 10%

2% - 3%

1% - 2%



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