How to Find Financial Ratios (Industry & Company)

Financial Ratios ...

  • are useful indicators of a company's performance and financial status 
  • can be calculated using information provided in a company's financial statements (e.g., balance sheet, income statement, etc.) 
  • measure various aspects of a business operation such as ... 
    • profitability (e.g., return on sales ratio)
    • liquidity (e.g., current ratio)
    • efficiency (e.g., inventory turnover ratio)
    • effectiveness (e.g., return on investment ratio) 
    • solvency or financial strength (e.g., debt to equity ratio) 
  • can be used to identify a company's strengths and weaknesses relative to its competitors
  • can be used to benchmark a company's financial performance against the industry averages or norms in which it operates
  • are often included as part of a business plan or loan agreement

Industry Ratios

Geography Date Coverage Title / Description / Search
Canada 1987 - 2000 Canadian Industry Norms & Ratios (Dun & Bradstreet Canada)
Location: INNIS Reference HF 3221.5 .D8 [microfiche]
  • data organized by 4-digit SIC (Standard Industrial Classification published by Dun & Bradstreet Canada) and asset range
  • issued twice a year (April and October)
  • provides a three year set of selected industry ratios that measure solvency, efficiency and profitability
  • industry norms (i.e., financial statement data) are also included
Canada 1989 - current open accessFinancial and Taxation Statistics for Enterprises (Statistics Canada)
Locations:
Online: CANSIM: Table 180-0003, 1999 to current [click Add/Remove data tab to change default selections]; HTML or PDF,1999-2014 [discontinued]
Paper: MILLS GovPubs (2nd floor) CA1 BS 61-C219,1989,1992,1994-1998 [discontinued]
  • contains annual aggregate data of Canadian enterprises classified by 67 industry groupings which are based on NAICS (North American Industry Classification System) Canada
  • balance sheet, income statement and selected ratios are included
Canada 2012 - current Best Bet!open accessFinancial Performance Data (Innovation, Science and Economic Development Canada)
  • covers more than 1000 industries across Canada and more than 30 performance benchmarks
  • includes income statement, balance sheet and financial ratio data for companies operating in specific industries and geographic areas with revenues between $30,000 to $5 million and $5 million to $20 million
  • click the Create Report button and select variables to generate a customized report 
  • variables include revenue range, geography (Canada or provinces/territories), incorporation status, and industry code (i.e., 2-6 digit NAICS (North American Industry Classification System), Canada)
  • financial performance data for previous years available via the Open Data Portal 
Canada 1991 - 2011 McMaster Users Only Financial Performance Indicators for Canadian Business (FPICB) (Statistics Canada)
Locations:
Online: Data or CD-ROM program file via ODESI, Volumes 1-3, 1994-2011; CD-ROM program files via DLI (select Business and Financial > Financial Performance Indicators for Canadian Business (FPICB) , Volumes 1-3, 1994-2011 [discontinued]
Microfiche: MILLS GovPubs (2nd floor), Volume 1: CA1 BS 61- F0058, 1995-2001; Volume 2: CA1 BS 61- F0059, 1993-2001; Volume 3: CA1 BS 61- F0060,1993-1999 [discontinued]
  • contains 15 key financial ratios by industry groupings compiled from SIC (Standard Industrial Classification), Canada (1980) or NAICS (North American Industry Classification System), Canada (1997 to 2012)
  • covers small, medium and large sized enterprises in Canada and/or the provinces/territories
Canada 2011 - current Best Bet!McMaster Users OnlyIndustry Reports via Infomart
  • analysis of 30 industries in which the top 450 publicly traded Canadian companies compete
  • organized by GICS (Global Industry Classification Standard)
  • select Industry Reports from the Infomart menu on the left of the screen > choose one of the industries that display on the resulting screen
Canada 1960 - current open accessQuarterly Financial Statistics for Enterprises (Statistics Canada)
Locations:
Online: CANSIM: Tables 187-0001 and 187-0002, 1988 to current [click Add/Remove data tab to change default selections];  HTML or PDF, 2000-2015 [discontinued]; 
Paper: MILLS GovPubs (2nd floor) CA1 BS 61-C003, [1960-1990];CA1 BS 61-C006,[1963-1990]; CA1 BS 61-C008,1991-2001 [discontinued]
  • presents balance sheet, income statement and ratio data in the Tables section
  • covers 22 financial and non-financial sectors and their totals at the national level
  • industry breakdowns are based on SIC (Standard Industrial Classification), Canada (1980) or NAICS (North American Industry Classification System), Canada (1997 to 2012)
Canada U.S.  2001 - current Best Bet!McMaster Users Only Key Business Ratios (Dun & Bradstreet, Mergent)
  • data derived from Dun & Bradstreet's database of financial statements for public and private companies
  • includes 14 key business ratios covering solvency, efficiency and profitabilty for over 800 lines of businesses 
  • search by 2-4 digit SIC (Standard Industrial Classification), U.S., 6-digit NAICS (North American Industry Classification System), United States, line of business, asset range, region and year 
  • industry norms data (i.e., financial statement data) is also included
U.S.  1970 - current McMaster Users OnlyFinancial Ratios Industry Level via WRDS
  • includes over 70 financial ratios grouped into the following 7 categories: capitalization, efficiency, financial soundness/solvency, liquidity, profitability, valuation and others
  • data based on constituents from the S&P 500 Index or CRSP US Common Stocks 
  • industry breakdown is by GICS (Global Industry Classification Standard)(10 sectors) or Fama-French Industry Classification (10,12, 17, 30, 48 or 49)
  • at the WRDS home page, select Financial Ratios Suite by WRDS noted in the Your Subscriptions tab >  select Financial Ratios Industry Level > complete each step in the Query Form
U.S. Current open accessYahoo Industry Center
  • select Industry Browser to view ratios for over 200 industries in the United States
U.S. Canada Mexico 1980,1989, 1995,1998, 2001 - current Best Bet!Almanac of Business and Industrial Financial Ratios (Wolters Kluwer)
Location: INNIS Bookstacks & Reference: HF 5681 .R25 T68
  • data derived from U.S.Treasury IRS (Internal Revenue Service) tax returns on U.S. and international companies
  • lists 50 performance indicators for almost 200 industries in North America
  • industry breakdowns are based on 4-digit SIC (Standard Industrial Classification), U.S. or 6-digit NAICS (North American Industry Classification System), U.S. (1997 to 2012)
  • organized by industry and asset size
U.S.
Canada
Global
2007 - 2021 McMaster Users OnlyIBISWorld
  • when viewing an industry report, go to the Key Statistics section to see industry data including selected key ratios such as imports/demand (%), exports/revenue (%), wages/revenue (%), etc.
  • the Key Statistics section of US Industry Reports (NAICS) also include industry financial ratios derived from the RMA (Risk Management Association). Ratios for liquidity, coverage, leverage, operating, cash flow & debt service, assets and liabilities are typically included. 
Global Current McMaster Users OnlyBloomberg Professional Service (a.k.a. Bloomberg Terminal) 
Location: DeGroote Trading Centres - GTF (Gould Trading Floor), DSB 122A (Hamilton campus) and HIDC (Horizons Investment Decision Centre), RJC 126 (Burlington campus) NOTE: On-campus use only.
  • industry ratio reports can be retrieved using the RV (relative value) function.
Global Current  McMaster Users OnlyFactiva 
  • select Companies/Markets > Industry > select an industry from the resulting list > scroll through the Industry Snapshot and look for a section labelled Industry Averages & Ratios
  • select Companies/Markets > Company > search for a company and select it from the Company Search Results > select Reports on left side of screen > select Ratio Comparison Reports from the Select a Template drop-down menu > select View Report button > compares key financial ratios of the company against its industry, sector, and the S&P 500 Index aggregates
  • Can't find relevant industry ratios in the above sources? Try searching our Industry Report sources or contact an industry association related to your industry.

Company Ratios

Geography Date Coverage Title / Description / Search
Canada Latest 10 years Best Bet!McMaster Users OnlyCorporate Analyzer via Infomart
  • includes ratios for the top 1,500 publicly traded Canadian companies
  • select Corporate Analyzer from the left menu in Infomart > search or browse for a company > select the company name from the results list > at the Financial Post Corporate Analyzer company profile, click the Document Navigation option (near top of screen) and select Ratios-Summary from the menu to view 10 years of ratios for that company

NOTE: Some company financial ratios are also noted in the Corporate Surveys and Investor Reports modules of Infomart.

U.S.  1970 to current McMaster Users OnlyFinancial Ratios Firm Level via WRDS
  • includes over 70 financial ratios grouped into the following 7 categories: capitalization, efficiency, financial soundness/solvency, liquidity, profitability, valuation and others
  • data based on constituents from the S&P 500 Index or CRSP US Common Stocks 
  • industry breakdown is by GICS (Global Industry Classification Standard)(10 sectors) or Fama-French Industry Classification (10,12, 17, 30, 48 or 49)
  • at the WRDS home page, select Financial Ratios Suite by WRDS noted in the Your Subscriptions tab > select Financial Ratios Firm Level > complete each step in the Query Form
Global Current McMaster Users OnlyBloomberg Professional Service (a.k.a. Bloomberg Terminal) 
Location: DeGroote Trading Centres - GTF (Gould Trading Floor), DSB 122A (Hamilton campus) and HIDC (Horizons Investment Decision Centre), RJC 126 (Burlington campus) NOTE: On-campus use only.
  • find a company > under Company Analysis, select FA (Financial Analysis)  then select the RATIO tab
Global Current McMaster Users OnlyFactiva 
  • the Companies/Markets section of Factiva contains profiles of public and private companies worldwide
  • select Companies/Markets across top of screen > select Company > search for a companyselect a company name from the Company Search Results > select Financial Results on left side of screen > select Ratios from the Statement Type drop-down menu
Global Latest 3 years McMaster Users OnlyLexisNexis Academic
  • the Companies section of LexisNexis Academic contains profiles on public and private companies worldwide
  • at the Academic Search screen, go to the Search by Subject or Topic menu and select Dossier (Company, Executive, & Industry) from the Companies section
  • on the Dossier search screen, search for a company > select a company name from the results list > on the company report screen, go to the Financials section and select Overview (if available) > scroll through the report and look for the Ratio Analysis section; can include valuation ratios, operation ratios, and earning ratios
Global Latest 15 years Best Bet!McMaster Users OnlyMergent Online
  • contains profiles and financials on all active, publicly traded companies worldwide
  • includes up to 15 years of quarterly and annual company ratios 
  • at the Basic Search screen, search for a company > select the company name from the search results to view the profile > select the Company Financials tab > select the Ratios and Analysis sub-tabs
Global Latest 2-3 years McMaster Users OnlyThomson ONE
  • contains profiles and financials on all active, publicly traded companies worldwide
  • go to Company Views > search for a company in the Overviews section > when a company overview  is displayed, look for the Key Ratios section included in the profile
  • actual and future estimates provided

 

More Information ...

For more information on financial ratios, try searching McMaster's libary catalogue to find books that discuss and explain how to calculate, use and interpret financial ratios. Some possible searches include:

Selected titles:

  • Business ratios and formulas: a comprehensive guide by Steven M. Bragg, 2002.
    Location: INNIS Bookstacks HF 5691 .B73 2002
     
  • Financial ratios for executives: how to assess company strength, fix problems, and make better decisions by Michael Rist and Albert J. Pizzica, 2015.
    Location: Online
     
  • Interpreting and analyzing financial statements (3rd ed.) by Karen P. Schoenebeck, 2004.
    Location: INNIS Bookstacks HG 4028 .B2 S39 2004
     
  • Key management ratios: the 100+ ratios every manager needs to know by Ciaran Walsh, 2008.
    Location: INNIS Bookstacks HF 5681 .R25 W347 2008
     
  • Magic numbers : the 33 key ratios that every investor should know by Peter Temple, 2002.
    Location: INNIS Bookstacks HF 5681 .R25 T45 2002
     
  • Winning business : how to use financial analysis and benchmarks to outscore your competition by Rich Gildersleeve, 1999.
    Location: INNIS Bookstacks HF 5681 .R25 G55 1999 

Last Reviewed: August 18, 2017