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Air conditioning, refrigeration and heating services

Check the performance benchmarks for air conditioning, refrigeration and heating services.

Last updated 13 March 2024

Businesses in this industry

Businesses in this industry install, repair and maintain:

  • ventilation
  • air conditioning
  • heating
  • refrigeration systems.

They may also install ducting and construct freezers and cool rooms.

What are performance benchmarks

Performance benchmarks use information reported on tax returns for the 2021–22 financial year and are updated each year. This is the most current data.

The benchmarks show ranges of business income to business expenses. Use these benchmarks to compare your performance against similar businesses.

Key benchmark range

Total expenses to turnover is the key benchmark range for this industry. It is the most accurate when predicting business turnover.

You should fall within the key benchmark range for your annual turnover. If you fall outside the range, there may be room for your business to improve.

Check you reported all income and accounted for any trading stock you used for private purposes. Some businesses can use accepted amounts as estimates for the value of trading stock used for private purposes.

2021–22 benchmarks

Key benchmarks for 2021–22

Annual turnover range

$50,000 – $150,000

$150,001 – $600,000

More than $600,000

'Total expenses' divided by 'Annual turnover'

53% to 73%

67% to 81%

82% to 90%

Average total expenses

63%

74%

86%

Other benchmarks

Not all expenses are reported by every business. Only use this information as a guide if it applies to your business.

Other benchmarks for 2021–22

Annual turnover range

$50,000 – $150,000

$150,001 – $600,000

More than $600,000

'Cost of sales' divided by 'Annual turnover'

25% to 46%

38% to 50%

44% to 55%

'Rent' divided by 'Annual turnover'

3% to 7%

2% to 5%

2% to 3%

'Motor vehicle expenses' divided by 'Annual turnover'

6% to 10%

4% to 6%

2% to 3%

For benchmarks for previous years, see Small business benchmarksExternal Link.

 

QC43639