EFCG 2022 Conference Highlight Series:
Current Profit Benchmarks for AEC Firms
EFCG’s benchmarks come from over 250 firms across the Architecture, Engineering, and Consulting (AEC) industry, based on data collected in September 2022 for EFCG’s annual CEO Conference.
For over thirty years, EFCG has tracked key industry metrics like growth and profitability to help firms benchmark their financial position relative to others in the industry. Coming out of the challenges of 2020, current profitability metrics like EBITDA (Earnings Before Interest, Tax, Depreciation & Amortization) and EBIBT (Earnings Before Interest, Bonus and Tax) are stronger than ever, and the outlook for 2023 is no different. In fact, 2023 projections reflect the highest margins we’ve seen in our industry in the last thirty years, serving as a consistent reminder to the strength and resilience of the AEC industry.
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