Radio Stations Industry: Statistics, Forecasts, and Company Data

Radio Stations - Market Size and Industry Forecast

The 2023 Radio Stations 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 radio stations 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 Revenue Forecast
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022

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 Stations - 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 Stations companies in the United States.

Radio Stations Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesRadio Stations
Small Business (< 5 Employees)

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

Radio Stations - 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 Stations - 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 Stations - 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 receipts
All other operating receipts
Network compensation
Television broadcasting - air time

Radio Stations - 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 $1,676,258 on the radio stations industry. It has awarded 88 contracts to 29 companies, with an average value of $57,802 per company.

Radio Stations and Adjacent Industries - Top Companies

($ Millions)

Radio Stations Industry Report
GeographyUnited States  
Publication DateJune 2023
Report FormatPDF Download  

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