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Financial Benchmarker Annual Report

Data collection for the 2024 Financial Benchmarker Report is now closed. Thank you to everyone who submitted a survey. The report will be available Fall 2024.

In partnership with the Construction Financial Management Association (CFMA), NECA is asking member contractors to complete the CFMA Financial Benchmarker survey for industry research purposes. The report provides an in-depth analysis of key financial data and provides an industry standard that can be used for change order negotiations, audits, claims and more. The survey is confidential and should take less than 30 minutes to complete.

The collection of this data strengthens our industry and gives our contractors a standard base for operation. Whether it’s used as a market reference point or instructional guidelines, the CFMA Financial Benchmarker Report keeps our members competitive and external entities informed of fair expectations.

You can rest assured that your information is kept confidential! The only people who can view uploaded company financials are the person who submitted it and the company that analyzes the information (Industry Insights). Information submitted through e-mail to CFMA is forwarded unviewed to Industry Insights. The focus is on aggregate industry data. The purpose is NOT to highlight the performance of individual companies.

CFMA will not use the submitted information for any purpose and will not contact any participating company, except to assist in the NECA Annual Financial Survey, such as answering questions about data fields, etc. Due to this process, there is no ability to see a list of participating companies and no company is ever identified in the NECA Financial Benchmarker results. For more information regarding confidentiality, please access the Financial Benchmarker privacy policy.

Your company will also be rewarded for allocating the time to respond to our request and for sharing information through the survey.

  • Two Peer Report credits, which allows users to build an Excel file that is based on CFMA’s Financial Benchmarker for the entire construction industry.
  • Company Performance Report, which is a graphical depiction of industry trends, as well as a qualitative assessment of a company’s situation.
  • CFMA’s Financial Benchmarker PDF, which is a detailed review of results for the entire construction industry and includes salary information for 22 accounting positions.

Please download the survey here. The deadline for feedback is no later than June 7th. For other questions about the NECA Financial survey or the benefits provided to participating companies, please contact Mike Elek, [email protected].

Previous Financial Benchmarker Reports