Net profit and earnings before interest, taxes, depreciation, and amortization (EBITDA) at U.S. debt collection agencies declined in 2013 after recovering from the depths of the recession, according to a new report published today by insideARM.com.
Data included in insideARM’s Collection Agency Financial Benchmark Report: Summer 2014 is drawn from official filings based on the NAICS classification code for debt collectors and is aggregated from 2,446 collection agencies, across eight size categories with revenues ranging from under $500,000 to $50-$100 million. The report is produced in cooperation with BizMiner.
In 2013, the average EBITDA (as a percentage of total revenue) for all collection agencies was 7.5 percent, down from 8.67 percent in 2012 and nine percent in 2011. During the depths of the recession in 2009, the same measure was 1.43 percent.
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