2024 Radio Networks Industry Statistics Report

Radio Networks - Market Size and Industry Forecast

The 2024 Radio Networks Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Radio Networks industry.

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)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

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.

Radio Networks - 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 Radio Networks companies in the United States.

Radio Networks Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesRadio Networks
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Radio Networks - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent 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

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Radio Networks - Financial Ratio Analysis

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

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

Radio Networks - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Radio broadcasting - air time
Local advertising (net)
National & regional advertising (net)
Public & non-commercial programming services - radio
All other operating receipts
All other receipts
Network compensation
Licensing of rights to distribute specialty audio prog content

Radio Networks - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations7%


Chief Executives0%
General and Operations Managers4%
Arts, Design, Entertainment, Sports, and Media Occupations53%
Entertainers and Performers, Sports and Related Workers9%
Actors, Producers, and Directors8%
Producers and Directors8%
Media and Communication Workers33%
Radio and Television Announcers26%
Media and Communication Equipment Workers10%
Broadcast and Sound Engineering Technicians and Radio Operators10%
Broadcast Technicians8%
Sales and Related Occupations20%
Sales Representatives, Services18%
Advertising Sales Agents17%
Advertising Sales Agents17%
Office and Administrative Support Occupations13%

Government Contracts

In the past, the federal government spent an annual total of $2,811,384 on the radio networks industry. It has awarded 137 contracts to 36 companies, with an average value of $78,094 per company.

Radio Networks and Adjacent Industries - Top Companies

($ Millions)


Radio Networks Industry Research
GeographyUnited States  
Publication DateMay 2024
Report FormatPDF Download  PDF

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