Released: 2016-01-26

Businesses in the automotive equipment rental and leasing industry group generated $5.9 billion in operating revenue in 2014, up 4.8% from 2013. Operating expenses grew 3.5% to $5.1 billion, resulting in an operating profit margin of 13.7%, up from 12.6% a year earlier.

The largest expense item, amortization and depreciation, represented 29.5% of total operating expenses, followed by salaries, wages, commissions and benefits (18.0%).

The automotive equipment rental and leasing industry group consists of establishments primarily engaged in renting or leasing vehicles, utility trailers and recreational vehicles.

The bulk of the industry group's operating revenue was generated by sales to the business sector, which accounted for 52.8% of total sales in 2014, followed by individuals and households (39.7%) and governments and clients outside Canada (7.5%).

Note to readers

Data for 2012 and 2013 have been revised.

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Statistics Canada issued this content on 26 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 January 2016 13:59:37 UTC

Original Document: http://www.statcan.gc.ca/daily-quotidien/160126/dq160126c-eng.htm