NAICS code 54 - Sector 54--Professional, Scientific, and Technical Services

Basic Industry Description for NAICS Code 54

The Sector as a Whole

The Professional, Scientific, and Technical Services sector comprises establishments that specialize in performing professional, scientific, and technical activities for others. These activities require a high degree of expertise and training. The establishments in this sector specialize according to expertise and provide these services to clients in a variety of industries and, in some cases, to households. Activities performed include: legal advice and representation; accounting, bookkeeping, and payroll services; architectural, engineering, and specialized design services; computer services; consulting services; research services; advertising services; photographic services; translation and interpretation services; veterinary services; and other professional, scientific, and technical services.

This sector excludes establishments primarily engaged in providing a range of day-to-day office administrative services, such as financial planning, billing and recordkeeping, personnel, and physical distribution and logistics. These establishments are classified in Sector 56, Administrative and Support and Waste Management and Remediation Services.

Our Report Content

  • Provides financial information drawn from a database of over 900,000 privately-held firms in over 2,500 industry groups as classified either by Standard Industry Classification (SIC) or North American Industry Classification System (NAICS) Screenshot
  • Generates size breakdowns into small, medium-sized and large segments specific to each industry rather than breakdowns based on fixed size thresholds Screenshot
  • Displays common-sized income statement and balance sheet data (major accounts) for each size segment (as-if statements) Screenshot
  • Presents 14 commonly-used and insightful financial ratios for each industry Screenshot
  • Also depicts two employment efficiency ratios and an interest coverage ratio Screenshot

News

Child industry codes: