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Claims Adjusting (NAICS 524291) Industry Market Research Report

Claims Adjusting - Market Size and Forecast

The Claims Adjusting report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

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.

Industry Revenue ($ Billions)

Claims Adjusting Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

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.

Claims Adjusting - 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 Claims Adjusting companies in the United States.

Claims Adjusting Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesClaims Adjusting
Small Business (< 5 Employees)


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

Claims Adjusting - 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

Claims Adjusting - 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

Claims Adjusting - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations9%


Chief Executives0%
General and Operations Managers3%
Business and Financial Operations Occupations31%
Business Operations Specialists25%
Claims Adjusters, Appraisers, Examiners, and Investigators18%
Claims Adjusters, Examiners, and Investigators17%
Financial Specialists6%
Computer and Mathematical Occupations7%
Computer Occupations6%
Sales and Related Occupations5%
Office and Administrative Support Occupations42%
Information and Record Clerks15%
Customer Service Representatives13%
Customer Service Representatives13%
Other Office and Administrative Support Workers16%
Insurance Claims and Policy Processing Clerks10%
Insurance Claims and Policy Processing Clerks10%

Government Contracts

In 2008, the federal government spent a total of $20,261,491 on the claims adjusting industry. It has awarded 150 contracts to 9 companies, with an average value of $2,251,277 per company.

Claims Adjusting and Adjacent Industries - Top Companies

($ Millions)


Claims Adjusting Industry Report
GeographyUnited States  
Publication DateSeptember 2020
Report FormatPDF Download  

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