Wholesale revenues and expenses - Canadian Industry Statistics

Business-to-business electronic markets, and agents and brokers - 419

The information on revenues, expenses and profits can be used as a benchmark against the performance of your business and can help you to identify opportunities to gain efficiencies.

Nationally, cost of goods sold accounted for 65% of total expenses for 2018. Total labour remuneration accounted for 17.1% and other operating expenses were 17.9%.

Expense by type
Expense type 2016 2017 2018 % change 2017/2018
Costs of goods sold $6.5B $7.8B $9.2B 18.7
Labour remuneration $2.2B $2.3B $2.4B 5.3
Other operating expenses $2.6B $2.5B $2.5B 1.1
Total Expenses $11.3B $12.6B $14.2B 12.8

Source: Statistics Canada, table 20-10-0077-01, Annual Wholesale Trade Survey.
Estimates for 2018 are preliminary. Preliminary data are subject to revision.

Canada's total operating revenues reached $15.5 billion in 2018, increasing from $14.3 billion in 2017.

At the Canada level, this industry generated $1.3 billion in profits, decreasing from $1.8 billion in 2017, or by -23%.

The profit margin is one way to measure profitability. It is a ratio of net revenues to total revenues (i.e. net revenues as a percentage of total revenues). In 2018, Canada's pre-tax profit margin in this industry was 8.7%.

Net revenue
Category 2016 2017 2018 % change 2017/2018
Total operating revenue $12.8B $14.3B $15.5B 8.4
Total expenses $11.3B $12.6B $14.2B 12.8
Net revenues $1.5B $1.8B $1.3B -23.0

Source: Statistics Canada, table 20-10-0077-01, Annual Wholesale Trade Survey.
Estimates for 2018 are preliminary. Preliminary data are subject to revision.

  • Notes

    The data in this section comes from Statistics Canada's Annual Wholesale Trade Survey. Statistics Canada has introduced important improvements to the methods and processes used to compile economic statistics for reference year 2013. As a result, it should be noted that their comparability to previously terminated series has been impacted. Users are advised to use caution in making comparisons between the two sets of estimates.

    Operating revenues are revenues that are derived from the regular operations of a business. Revenues from non-operating sources such as interest and dividends are excluded. The primary source of operating revenues for the vast majority of wholesale businesses is sales. Other sources of operating revenues can include commissions, manufacturing sales, labour revenue, revenues from rental and leasing, etc.

    Operating expenses are charges that are produced as a result of the regular operations of a business. Among the operating expenses, total labour remuneration is typically the largest category. Other sources of operating expenses can include rental and leasing expenses, advertising, depreciation, management fees, etc. Expenses from non-operating sources such as interest expenses are excluded.

    (Net revenues) An estimate of the pre-tax profitability can be obtained by subtracting total expenses from total operating revenues. While this calculation will not match balance sheet information exactly, it does provide a reasonable estimate.

    The profit margin is one way to measure profitability. It is a ratio of net revenues to total revenues (i.e. net revenues as a percentage of total revenues). Profit margins can vary widely between industries.

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