Note: Hobart Institute of Welding Technology's revenues are gauged from an analysis of company filings.
Hobart Institute of Welding Technology's Income Statement (based on Industry Averages)
Hobart Institute of Welding Technology P&L
$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
Market Share of Hobart Institute of Welding Technology's Largest Competitors
A competitive analysis shows these companies are in the same general field as Hobart Institute of Welding Technology, even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are similar in business line and location to Hobart Institute of Welding Technology.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: Hobart Institute of Welding Technology's Fastest Growing Competitors
These companies are in the same general field as Hobart Institute of Welding Technology and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.