Security Guards & Patrol Services Industry: Statistics, Forecasts, and Company Data
Security Guards & Patrol Services - Market Size and Industry Forecast
The 2023 Security Guards and Patrol 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 security guards & patrol services industry.
| Historical | Forecasted |
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
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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.
Security Guards & Patrol 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 Security Guards & Patrol Services companies in the United States.
Security Guards & Patrol Services Revenue by State

Distribution by Company Size
Company Size | All Industries | Security Guards & Patrol Services |
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Small Business (< 5 Employees) | 
|
Small Business (5 - 20) |
Midsized Business (20 - 100) |
Large Business (100 - 500) |
Enterprise (> 500) |
Security Guards & Patrol 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 |
Average Income Statement

Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Security Guards & Patrol 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 |
Security Guards & Patrol Services - Product Mix
Product Description | Description | Revenue ($ Millions) |
---|
Industry total | 
|
Security guard & patrol services |
Security guard & patrol services in buildings |
Security services in special events, including crowd control |
Bodyguard services |
All other operating receipts |
Building security system services (with monitoring) |
Non-residential security system services |
Investigation services |
Armored car services |
Security Guards & Patrol 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
$3,822,359,457 on the security guards & patrol services industry. It has awarded 12,865 contracts to 501 companies, with an average value of $7,629,460 per company.
Security Guards & Patrol Services and Adjacent Industries - Top Companies
Company | Address | Revenue ($ Millions) |
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