2024 Educational Services Industry Research Report

Educational Services - Market Size and Industry Forecast

The 2024 Educational Services 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 educational services 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.

Educational 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 Educational Services companies in the United States.

Educational Services Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesEducational Services
Small Business (< 5 Employees)


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

Educational Services - 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

Educational Services - 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

Educational Services - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Occupational, tech, & trade; prof dev; & mngmt training prog
Leisure & recreation activities instruction & training
Educational support services
Exam preparation & tutoring services
Contributions, gifts, & grants - private
Contributions, gifts, & grants - government
Basic education & personal improvement programs & courses
Student services
Educational consulting services

Educational Services - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%


Top Executives5%
Chief Executives0%
General and Operations Managers0%
Other Management Occupations6%
Education Administrators6%
Education Administrators, Postsecondary5%
Business and Financial Operations Occupations5%
Business Operations Specialists20%
Training and Development Specialists11%
Training and Development Specialists11%
Computer and Mathematical Occupations8%
Computer Occupations8%
Life, Physical, and Social Science Occupations6%
Community and Social Service Occupations5%
Counselors, Social Workers, and Other Community and Social Service Specialists5%
Education, Training, and Library Occupations59%
Postsecondary Teachers11%
Health Teachers, Postsecondary6%
Health Specialties Teachers, Postsecondary5%
Arts, Communications, and Humanities Teachers, Postsecondary5%
Miscellaneous Postsecondary Teachers12%
Graduate Teaching Assistants6%
Vocational Education Teachers, Postsecondary6%
Postsecondary Teachers, All Other8%
Preschool, Primary, Secondary, and Special Education School Teachers29%
Elementary and Middle School Teachers16%
Elementary School Teachers, Except Special Education11%
Middle School Teachers, Except Special and Career/Technical Education7%
Secondary School Teachers8%
Secondary School Teachers, Except Special and Career/Technical Education8%
Special Education Teachers5%
Other Teachers and Instructors8%
Adult Basic and Secondary Education and Literacy Teachers and Instructors10%
Adult Basic and Secondary Education and Literacy Teachers and Instructors10%
Self-Enrichment Education Teachers29%
Self-Enrichment Education Teachers29%
Miscellaneous Teachers and Instructors6%
Teachers and Instructors, All Other, Except Substitute Teachers8%
Substitute Teachers6%
Other Education, Training, and Library Occupations10%
Instructional Coordinators6%
Instructional Coordinators6%
Teacher Assistants9%
Teacher Assistants9%
Miscellaneous Education, Training, and Library Workers5%
Education, Training, and Library Workers, All Other5%
Arts, Design, Entertainment, Sports, and Media Occupations15%
Entertainers and Performers, Sports and Related Workers14%
Athletes, Coaches, Umpires, and Related Workers13%
Coaches and Scouts13%
Healthcare Practitioners and Technical Occupations8%
Health Diagnosing and Treating Practitioners6%
Speech-Language Pathologists5%
Building and Grounds Cleaning and Maintenance Occupations5%
Building Cleaning and Pest Control Workers5%
Building Cleaning Workers5%
Janitors and Cleaners, Except Maids and Housekeeping Cleaners5%
Personal Care and Service Occupations6%
Other Personal Care and Service Workers5%
Recreation and Fitness Workers6%
Sales and Related Occupations7%
Sales Representatives, Services6%
Miscellaneous Sales Representatives, Services6%
Sales Representatives, Services, All Other6%
Office and Administrative Support Occupations10%
Information and Record Clerks8%
Secretaries and Administrative Assistants5%
Secretaries and Administrative Assistants5%
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive6%
Other Office and Administrative Support Workers7%
Office Clerks, General6%
Office Clerks, General6%

Government Contracts

In the past, the federal government spent an annual total of $4,720,935,463 on the educational services industry. It has awarded 28,728 contracts to 5,593 companies, with an average value of $844,079 per company.

Educational Services and Adjacent Industries - Top Companies

($ Millions)


Educational Services Industry Report
GeographyUnited States  
Publication DateApril 2024
Report FormatPDF Download  PDF

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