Food Services Industry Financial Metrics Over Five Years

Five years of annual financial statistics for the food services and drinking places industry (NAICS 722). The dataset includes metrics such as operating revenue, operating expenses, salaries wages and benefits, and operating profit margin, all aggregated by industry classification.

Use Cases

• Analyze operating profit margin trends across the five-year period to assess industry profitability.
• Model the relationship between operating revenue and salaries wages and benefits to study labor cost efficiency.
• Benchmark operating expenses against revenue for the NAICS 722 sector to identify cost management opportunities.

Strengths

• Data covers five consecutive years, enabling time-series analysis.
• Metrics are standardized using the North American Industry Classification System (NAICS).
• Financial figures are provided in consistent units (dollars x 1,000,000 and percent).

Limitations

• The dataset is an industry-level aggregate, lacking establishment or firm-level detail.
• Sample size and row count are unknown, limiting assessment of granularity.
• Data is limited to the NAICS 722 classification, excluding related supply chain industries.

Provenance

Source

Statistics Canada

Collection Method

Aggregated summary statistics by industry classification.

Time Range

Five years of annual data.

Freshness

Updated to March 2026.

Geography

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