Automotive Equipment Rental and Leasing - Market Size, Financial Statistics, Industry Trends

Industry Overview

This industry group comprises establishments primarily engaged in renting or leasing passenger cars and trucks without drivers and utility trailers. These establishments generally operate from a retail-like facility. Some establishments offer only short-term rental, others only longer-term leases, and some provide both types of services.
Source: U.S. Census Bureau

Automotive Equipment Rental and Leasing Market Size

This report includes historical and forecasted market sizes and industry trends for Automotive Equipment Rental and Leasing. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Automotive Equipment Rental and Leasing industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)	Included in Report
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Automotive Equipment Rental and Leasing industry.

Geographic Breakdown by U.S. State

Automotive Equipment Rental and Leasing market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Automotive Equipment Rental and Leasing companies in the United States.

Distribution by Company Size

Company Size	All Industries	Automotive Equipment Rental and Leasing
Small Business (< 5 Employees)	Included
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry 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" Automotive Equipment Rental and Leasing company (both public and private companies are included).

	Industry Average	Percent of Sales
Total Revenue	Included
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

Financial Ratio Analysis

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

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

Products and Services Mix

Product lines and services in the Automotive Equipment Rental and Leasing industry accounting for the largest revenue sources.

Product Description	Description	Revenue ($ Millions)
Industry total	Included
Rental and leasing of passenger cars
Renting of passenger cars
Rental and leasing of trucks, except light-duty, and trailers
Leasing of trucks, except light-duty, and trailers
Leasing of passenger cars
Rental of trucks, except light-duty, and trailers
Other products
Automotive equip (w/o drivers) rental and leasing related serv
Rental and leasing of other road vehicles

Compensation and Salary Surveys

Salary information for employees working in the Automotive Equipment Rental and Leasing industry.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	4%	Included
Chief Executives	0%
General and Operations Managers	2%
Sales and Related Occupations	38%
Supervisors of Sales Workers	6%
First-Line Supervisors of Sales Workers	6%
Retail Sales Workers	30%
Counter and Rental Clerks and Parts Salespersons	29%
Counter and Rental Clerks	29%
Office and Administrative Support Occupations	13%
Information and Record Clerks	5%
Installation, Maintenance, and Repair Occupations	12%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers	10%
Bus and Truck Mechanics and Diesel Engine Specialists	6%
Bus and Truck Mechanics and Diesel Engine Specialists	6%
Transportation and Material Moving Occupations	28%
Motor Vehicle Operators	14%
Taxi Drivers and Chauffeurs	7%
Taxi Drivers and Chauffeurs	7%
Material Moving Workers	11%
Laborers and Material Movers, Hand	10%
Cleaners of Vehicles and Equipment	9%

Government Contracts

The federal government spent an annual total of $137,055,982 on the Automotive Equipment Rental and Leasing industry. It has awarded 4,882 contracts to 703 companies, with an average value of $194,959 per company.

Top Companies in Automotive Equipment Rental and Leasing and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included