U.S. Locksmiths Market Statistics Report - 2014 Edition

Industry Statistics - Locksmiths

These sections of the report answer basic questions about the industry, including the industry's total revenue, how the market has changed historically, and the number of firms and employees.

2008 2009 2010 2011 2012 2013
Market Size


Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: Analysis of United States government data.

Sample Market Size ($ millions)

Market Size Graph

Industry Forecast – Locksmiths

2014 2015 2016 2017 2018
Market Size


% Growth Rate

Sample Industry Forecast ($ millions)

Forecast Graph

U.S. Geographic Breakdown

Sample U.S. Market Share Map


Income Statement (Industry Average)

Industry Average Percent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Sample Income Statement

Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Financial Ratio Analysis – Locksmiths

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 5%


Chief Executives0%
General and Operations Managers3%
Protective Service Occupations 5%
Sales and Related Occupations 12%
Installation, Maintenance, and Repair Occupations 43%
Security and Fire Alarm Systems Installers 28%
Locksmiths and Safe Repairers 10%

Government Contracts

In 2008, the federal government spent a total of $2,626,971 on the Locksmiths industry. It has awarded 226 contracts to 113 companies, with an average value of $23,248 per company.

Top Companies in Locksmiths and Adjacent Industries

Report Details
Industry Locksmiths
Country United States  
Updated October 2014
Format Electronic PDF Download  

Ask a Question About This Report

Price: $500.00 USD

Related Industries

Investigation and Security Services
Investigation Services
Security Guards and Patrol Services
Armored Car Services
Security Systems Services