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Market research statistics
 
AVMA Report on Veterinary Practice Business Measures
 

Summary | Tables | Ordering Information

AVMA Report on Veterinary Practice Business Measures

Summary:

Detailed statistics on private practice revenue, expenses and other variables are presented along with important financial ratios. Helpful breakdowns such as quartiles and trends dating 10 years back are also provided.

Tables:

Financial return to practice

  • Practice return to capital, labor, and management, 2009
  • Median gross practice revenue, 1999-2009
  • Practice return to capital, labor, and management per owner, 2009
  • Median return to labor and management per owner, 1999-2009

Assets, liabilities, and financial ratios

  • Veterinary practice assets, debt, net worth, drug and hospital supply expense and inventory, 2009
  • Median veterinary practice financial ratios, 2009
  • Gross margin ratio (Return to labor and management ÷ Gross revenue), 1999-2009
  • Debt to asset ratio (Total debt ÷ Total assets), 1999-2009
  • Debt to equity ratio (Total debt ÷ Equity), 1999-2009
  • Current ratio (Current assets ÷ Current liabilities), 1999-2009
  • Inventory turnover ratio (Drug and supply expense ÷ Inventory), 1999-2009

Practice revenue

  • Gross practice revenue by size of practice, 2009
  • Gross practice revenue per veterinarian by size of practice, 2009
  • Net practice income by size of practice, 2009
  • Net practice income per owner by size of practice, 2009
  • Mean gross practice revenue per veterinarian, 1999-2009
  • Gross practice revenue by region, 2009
  • Gross practice revenue per veterinarian by region, 2009
  • Gross practice revenue by community size, 2009
  • Gross practice revenue per veterinarian by community size, 2009
  • Percentage of gross practice revenue attributable to veterinary service and product categories, 2009
  • Percentage of gross practice revenue by species, 2009

Practice expenses

  • Mean practice cash expenses of practices that incurred specific expenses, 2009
  • Mean practice cash expenses as a percentage of total practice expenses, 2009
  • Mean practice cash expenses as a percentage of gross practice revenue, 2009

Transactions and client numbers

  • Percent of practices reporting companion animal transactions by species, 2009
  • Median number of animals examined per week by species, 2009

Ancillary staff numbers and wages

  • Mean number of full-time equivalent (FTE) ancillary staff and veterinarians in private practice, 2009
  • Hourly wages of ancillary staff in private practice, 2009
  • Hourly wages of private practice ancillary staff by region, 2009
  • Hourly wages of private practice ancillary staff by size of practice, 2009
  • Hourly wages of private practice ancillary staff by community size, 2009
  • Percent distribution by type of organization, 2009
  • Percent distribution by type of facility, 2009
  • Percent distribution by geographic location of practice, 2009

Practice characteristics

  • Percent distribution by community size, 2009
  • Percent distribution by number of years operating in community, 2009
  • Percent distribution by real estate ownership status, 2009
  • Percent distribution by number of veterinarians, 2009
  • Percent distribution of change in gross revenue from previous year, 2009
  • Percent of practices reporting planned business changes in coming year, 2009
  • Professional income of veterinarians in private practice by ownership status, 2009
  • Professional income percentiles of veterinarians in private practice by ownership status, 2009

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