Armored Car Services Industry: Statistics, Forecasts, and Company Data

Armored Car Services - Market Size and Industry Forecast

The 2023 Armored Car Services Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the armored car services industry.

	Historical					Forecasted
	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data.



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Armored Car Services - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Armored Car Services companies in the United States.

Distribution by Company Size

Company Size	All Industries	Armored Car Services
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Armored Car Services - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	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

Armored Car Services - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Armored Car Services - Product Mix

Product Description	Description	Revenue ($ Millions)
Industry total
Armored car services
Armored car transportation of cash & valuables
Other armored car services
Automatic teller machine services
All other operating receipts
Security guard & patrol services
Security guard & patrol services in buildings
Cash handling & management products

Armored Car Services - Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	1%
Chief Executives	0%
General and Operations Managers	1%
Protective Service Occupations	93%
Other Protective Service Workers	88%
Security Guards and Gaming Surveillance Officers	86%
Security Guards	86%

Government Contracts

In the past, the federal government spent an annual total of $4,935,760 on the armored car services industry. It has awarded 348 contracts to 50 companies, with an average value of $98,715 per company.

Armored Car Services and Adjacent Industries - Top Companies

Company	Address	Revenue ($ Millions)