NAICS 812112

This U.S. industry comprises establishments (except those known as barber shops or men's hair stylist shops) primarily engaged in one or more of the following: (1) cutting, trimming, shampooing, coloring, waving, or styling hair; (2) providing facials; and (3) applying makeup (except permanent makeup).

© Copyright, Outcalt & Johnson: Retail Strategists, LLC and Business Strata:G^® Financial Toolkits. Benchmark Trend Charts based on data from Risk Management Association Annual Statement Studies^® Financial Ratio Benchmarks, 2023–2024. 

• The Service Businesses verticals featured at the Business Strata:G^® site reflect the definitions and designations of the North American Industrial Classification System (NAICS).
• The top of each industry vertical page includes the NAICS code and the NAICS definition for that industry segment.
• The source data is Risk Management Association's Annual Statement Studies. As you may know, RMA collects financial statements from banks, and aggregates the findings for all industries.
• RMA presents their data in 3 sections: the Top Quartile, the Middle Quartiles, the Bottom Quartile. RMA data also is available by five different ranges of annual sales volume. 
• We have identified five key ratios (from the dozens of ratios available) that are particularly important for Owners of Service Businesses to monitor, project, and manage:
  • OPERATING EXPENSES Percent
  • Pre-Tax PROFIT Percent
  • OFFICERS, OWNERS COMPENSATION Percent
  • CURRENT Ratio
  • DEBT-TO-WORTH Ratio
• Our exclusive Benchmark Trend Charts show the median value reported by RMA for each of these key ratios each year.