Phishing alert: Fake emails posing as the “CFMA Membership Team” are requesting payment details. Do not reply or click. CFMA will never ask you to send payment information by replying to an email. If you’re unsure, contact us directly — don’t use the contact details in the suspicious email.
More InfoBenchmark & Improve Your Equipment ROI!
Invest just a few hours by completing the survey now to compare your KPIs against the industry and your peers, helping to improve your bottom line. Wherever you are in your benchmarking journey, there’s a fit for you here!
The Survey Is Open!
The Heavy Equipment Comparator Survey is open to submit financial and operational information at hecomparator.com. To help gather information, download and use this Excel worksheet.
What's in It for You & Your Company?
You will receive a company performance report for any data you submit. Complete at least 5 metrics in the Finance Core, Fleet & Operations Core, and/or Enhanced Metrics to receive:
- Executive Report
- 1 Company Report
- 1 Peer Group Comparison Report
- 50% discount on the Heavy Equipment Comparator PDF
- 50% discount on additional Peer Group Comparison Reports
- Revenue & Production Impact
- Asset Value & Reliability
- Labor Productivity & Efficiency
- Capital Allocation & Returns
- Cost Transparency
- Equipment utilization & reliability
- Preventative & predictive maintenance
- Planning & scheduling
- Labor efficiency
- Downtime Impact
- Preventive Focus
- Workforce Efficiency
- Quality of Maintenance
- Emergency Exposure
- Skill Investment
What is the Heavy Equipment Comparator?
Recognizing the industry's long-standing need for the uniformity in measuring off-road equipment maintenance performance and costs, Construction Financial Management Association (CFMA) and the Association of Equipment Management Professionals (AEMP) created the Heavy Equipment Comparator.
The Heavy Equipment Comparator establishes:
- Common terminology, standard terms, and definitions.
- Standard calculation and formulation methods for metrics.
- A common platform to benchmark peer performance and evaluate fleet performance.
- Industry averages and Best in Class KPIs for comparison.
By harnessing the power of the Heavy Equipment Comparator, construction industry professionals can optimize their fleet management practices, reduce costs, enhance equipment reliability, and unlock unparalleled operational efficiencies.
Who Benefits From the Information?
- Construction financial professionals, fleet managers and management teams. They can identify operational issues and make the necessary adjustments to enhance fleet productivity.
- CPA firms and consultants to assist clients by providing “value-added” services in benchmarking and evaluating a client’s fleet results.
Compare your own company’s or a client’s statistics against those of similar type, comparable total revenue and Best-in-Class companies. Identifying significant differences between a company’s performance and comparable aggregates can be the first step toward recognizing opportunities to improve performance.
Heavy Equipment Comparator Subscription
- This tool allows you to build an exportable file in which you select up to five different financial and/or maintenance criteria.
- You receive the Heavy Equipment Comparator PDF, plus the ability to build as many Peer Group Comparison Reports as you need. This is helpful for those who want to do a deep dive into their fleet management or for service providers looking to help clients.
Heavy Equipment Comparator PDF+
- A detailed analysis of industry results with information about each of the 26 financial and shop data points.
- Purchase of the PDF includes one Peer Group Comparison Report.
Product | Member (AEMP or CFMA General) | CFMA Associate Member | Non-Member |
---|---|---|---|
PDF+ (HEC PDF plus one Peer Report credit) | $395 | $595 | $750 |
Peer Group Comparison Report Credit | $60 | $90 | $120 |
HEC Subscription | $595 | $750 | $1,100 |
* Member prices applies to CFMA and/or AEMP members