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SUNY Geneseo Fraser Hall Library Subject Guides

FNCE 311: Managerial Finance: Reference Resources & Books

Understanding Quartiles

Each financial ratio benchmark in RMA Anniual Studies has three points (Median Upper, Median, Median Lower) that divide an array of values into four equal groups called quartiles.  So if a company’s value is equal or above the median upper, then it falls into the upper quartile.  If it falls between the median upper and the median, then the company ranks in the upper middle quartile.  This helps you analyze how a company compares to others of similar size.

Reference materials in Milne Library

D&B Industry Norms & Key Business Ratios

Ref HF 5681 .R25 .I525


Ref HG 4530 .M8 (through Dec. 2012)

RMA Annual Statement Studies

Ref HF 5681 .B2 .R6 


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