2021 Best Practices Study
Cross Category Comparison
Detailed Data for All Revenue Categories
Specialization
% of Agencies with Specialty Revenue
86.0%
81.8%
76.9%
73.8%
68.2%
67.4%
67.4%
65.9%
63.9%
60.5%
62.5%
59.6%
53.3%
47.4%
46.2%
45.9%
40.7%
39.1%
< $1.25M
$1.25M-$2.5M $2.5M-$5.0M $5.0M-$10.0M $10.0M-$25.0M
> $25.0M
2019 BPS 2020 BPS 2021 BPS
AGENCIES WITH REVENUES OF:
<$1.25M $1.25-$2.5M $2.5-$5M $5-$10M $10-$25M >$25M
% of Agencies wi th Special ty Rev Average Total Special ty Revenue 1
47.4%
39.1%
67.4%
60.5%
73.8%
76.9%
$258,491
$575,368 $1,393,803 $2,945,647 $5,293,638 $31,871,935
Average % Net Revenue 1
28.5%
29.8%
36.4%
40.2%
32.5%
40.8%
1 Only for those firms who reported speciality revenues
Special ty Revenues: % of Comparison Group wi th this Special ty: Agricul ture
10.5% 36.8%
13.0% 17.4%
10.9% 39.1% 10.9%
14.0% 37.2% 11.6% 18.6% 23.3% 11.6% 20.9% 14.0% 20.9% 18.6% 16.3% 30.2%
14.3% 45.2% 16.7% 21.4% 21.4% 16.7% 26.2% 26.2% 23.8% 26.2% 28.6% 47.6% 2.6% 5.7% 1.7% 4.2% 7.0% 4.0% 2.8% 2.2% 9.9% 11.5% 2.8% 18.6%
33.3% 61.5% 23.1% 41.0% 51.3% 33.3% 43.6% 20.5% 46.2% 43.6% 43.6% 48.7%
Construction
Energy
0.0% 5.3% 5.3%
0.0%
Government/Municipal i ty
13.0%
6.5%
Heal thcare Hospi tal i ty
8.7% 4.3% 0.0% 8.7%
19.6%
15.8%
8.7% 8.7%
Manufacturing
0.0% 5.3%
Non-profi ts Real Estate
13.0% 19.6% 13.0% 15.2% 23.9%
10.5%
13.0%
Schools/Education
0.0% 5.3%
8.7% 4.3%
Transportation
Other
10.5%
21.7%
For fi rms that special ize in this, what % of NR is from this special ty? Agricul ture
7.1%
30.2%
9.6%
9.2%
5.5% 8.5% 2.6% 3.5% 5.9% 3.0% 9.4% 3.1% 5.0% 5.5% 6.7%
Construction
20.9%
8.7% 0.0% 9.1% 2.4% 3.2% 0.0% 2.0% 3.5%
26.4% 15.7%
22.4%
Energy
0.0% 4.6% 0.2%
1.7%
Government/Municipal i ty
5.7% 9.9% 2.2% 2.0% 3.5%
11.4%
Heal thcare Hospi tal i ty
5.3% 3.0% 5.2% 4.7%
15.2%
Manufacturing
0.0% 0.2%
Non-profi ts Real Estate
10.7%
12.5%
17.1%
Schools/Education
0.0% 7.0% 8.7%
30.2%
9.6% 3.9%
9.2% 2.5%
Transportation
3.1% 8.5%
Other
21.8%
15.0%
14.1%
*Insufficient Data
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