Professional Employer Organizations (PEO) Industry: Statistics, Forecasts, and Company Data
Professional Employer Organizations (PEO) - Market Size and Industry Forecast
The 2023 Professional Employer Organizations (PEO) 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 professional employer organizations (peo) 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.Industry Revenue ($ Billions)
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.
Professional Employer Organizations (PEO) - 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 Professional Employer Organizations (PEO) companies in the United States.
Professional Employer Organizations (PEO) Revenue by State
Distribution by Company Size
| Company Size | All Industries | Professional Employer Organizations (PEO) |
|---|
| Small Business (< 5 Employees) |
|
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Professional Employer Organizations (PEO) - 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 |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Professional Employer Organizations (PEO) - 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 |
Professional Employer Organizations (PEO) - Product Mix
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total |
|
| Co-employment services |
| Co-employment services with payroll, benefit, & human resource services |
| Co-employment services with payroll & human resource services |
| Co-employment services with payroll & benefit services |
| Payrolling services |
| Payroll services |
| Temporary staffing services |
| Other temporary staffing services |
| Investigation services |
Professional Employer Organizations (PEO) - Compensation and Salary Surveys
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 2% |
|
| Chief Executives | 0% |
| General and Operations Managers | 1% |
| Office and Administrative Support Occupations | 18% |
| Other Office and Administrative Support Workers | 5% |
| Production Occupations | 21% |
| Assemblers and Fabricators | 7% |
| Miscellaneous Assemblers and Fabricators | 6% |
| Assemblers and Fabricators, All Other, Including Team Assemblers | 6% |
| Other Production Occupations | 10% |
| Miscellaneous Production Workers | 6% |
| Transportation and Material Moving Occupations | 23% |
| Material Moving Workers | 22% |
| Laborers and Material Movers, Hand | 20% |
| Laborers and Freight, Stock, and Material Movers, Hand | 16% |
Government Contracts
In the past, the federal government spent an annual total of
$32,501,393 on the professional employer organizations (peo) industry. It has awarded 193 contracts to 45 companies, with an average value of $722,253 per company.
Professional Employer Organizations (PEO) and Adjacent Industries - Top Companies
| Company | Address | Revenue
($ Millions) |
|---|
|
