CFMA’s Construction Industry Annual Financial Survey is not intended to be, nor does it provide, a statistically valid representation of the construction industry as a whole. Rather, it's representative of a self-selected sample of CFMA General Members and non-members who provided detailed financial statements and other required information. The level of participant overlap from year to year can impact the financial results. Differences in the financial statements between years are due in part to market influences and individual company performance, as well as to the different participant makeup each year. Industry Insights was not engaged to and did not audit this information, and accordingly, does not express an opinion or any other form of assurance on it.