Benchmarking U.S. Private Firms Using Standardized Financials

Over 1.5 million U.S. private firms generate more than $1 million in annual revenue, contributing significantly to the economy and attracting increasing investment. FactSet posted on X that benchmarking these companies' financial performance has been difficult due to limited standardized disclosure. Jennifer Hanscomb introduces a scorecard workflow utilizing tax-imputed, standardized financials to compare 10,000 sponsor-backed U.S. private companies across five key metrics: revenue, EBITDA, EBITDA margin, return on assets, and revenue per employee. This approach, supported by a unique dataset, enhances clarity in sector comparisons and offers actionable benchmarks for revenue scale, cash flow, capital efficiency, and labor productivity.