IRN creates rental benchmark figures
Premium Content
18 March 2008
IRN has teamed up with rental finance consultant Jeff Eisenberg to create a set of benchmark finance figures for the global rental sector. The first set of figures - published in this issue - reveal that that the average after tax profit margin for major rental companies is 6,5%.
Mr Eisenberg, who runs Claremont Consulting in the UK, has analysed the financial performance of all 100 companies in the IRN-100 listing and arrived at a set of rental ratios, including profit margin, debt/equity and return on equity.
The figures (see table) show that the average debt equity ratio is 2,89, the average sales per depot is €2,77 million, and average sales per employee is €198000.
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