Answered By: Susan Van Alstyne Last Updated: Dec 19, 2019 Views: 511
Financial ratios are often used to compare a company against an industry average or other companies in order to benchmark or measure a company’s performance. Industry ratios are often useful when creating the financial components of a business plan.
From Mergent, you can run an advanced search by the same NAICS code, then run a comparison report or use the "Competitors" tab in Mergent to select companies ans build a list of competitors to compare their ratios.
Depending on the assignment, there are additional resources where you will find industry ratios such as the following websites.
A link to Thomas Reuters "Corporate Responsibility Indices"
Ethisphere has a listing of the 100 most ethical companies:
Fortune has a listing of Most Admired Companies
The EPA also audits companies on environmental performance.