Financial Benchmarking

The Financial Benchmarking object

From the Financial Benchmarking endpoint, you can retrieve financial benchmarks within the Railz cohort based on the age of business, industry code and region.

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Data Dependencies

• Financial benchmarks depend on the financial statements and financial ratios a business. In addition, a business must have populated at least a business name or domain name in their business information to allow Railz to infer the industry code (NAICS).
• List of 2022 NAICS codes Railz support.
• Financial Benchmarks will not be available if dependencies are missing or if the service provider connected does not support the data types required. See supported data types for more details.

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Financial Benchmarks Report

Each benchmark report will have the following nested data (summary statistics) for each variable based on the section, subSection, group, and subGroup of a financial statement and financial ratios.

Benchmarks based on tax data in partnership with Powerlytics do not include financial ratios.

Summary Statistics

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Summary Statistics Naming Convention

The naming convention for the summary statistics is camelCase with the statistic abbreviation as the prefix. For example, the maximum value of COGS is represented as maxCostOfGoodsSold.