2024 Automotive Repair & Maintenance Industry Research Report

Automotive Repair & Maintenance - Market Size and Industry Forecast

The 2024 Automotive Repair and Maintenance 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 automotive repair & maintenance industry.

	Historical					Forecasted
	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029
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.



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.

Automotive Repair & Maintenance - 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 Automotive Repair & Maintenance companies in the United States.

Distribution by Company Size

Company Size	All Industries	Automotive Repair & Maintenance
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Automotive Repair & Maintenance - 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" company (both public and private companies included).

	Industry Average	Percent 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

Automotive Repair & Maintenance - Financial Ratio Analysis

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

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

Automotive Repair & Maintenance - Product Mix

Product Description	Description	Revenue ($ Millions)
Industry total
Body repair services for cars & light trucks
Body repair services for cars & light trucks - major body repair
Scheduled & preventative maintenance for cars & light trucks
Other repair services for cars & light trucks
Scheduled & preventative maintenance for cars/light trucks - oil change
Power train repair services for cars & light trucks
Body repair services for cars & light trucks - painting services
Brake repair services for cars & light trucks
Washing & cleaning services for cars & light trucks

Automotive Repair & Maintenance - Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	3%
Chief Executives	0%
General and Operations Managers	3%
Business and Financial Operations Occupations	5%
Business Operations Specialists	5%
Sales and Related Occupations	5%
Retail Sales Workers	5%
Office and Administrative Support Occupations	11%
Installation, Maintenance, and Repair Occupations	48%
Supervisors of Installation, Maintenance, and Repair Workers	6%
First-Line Supervisors of Mechanics, Installers, and Repairers	6%
First-Line Supervisors of Mechanics, Installers, and Repairers	6%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers	42%
Automotive Technicians and Repairers	38%
Automotive Body and Related Repairers	11%
Automotive Glass Installers and Repairers	7%
Automotive Service Technicians and Mechanics	25%
Bus and Truck Mechanics and Diesel Engine Specialists	6%
Bus and Truck Mechanics and Diesel Engine Specialists	6%
Production Occupations	13%
Other Production Occupations	11%
Painting Workers	9%
Painters, Transportation Equipment	9%
Transportation and Material Moving Occupations	25%
Supervisors of Transportation and Material Moving Workers	6%
First-Line Supervisors of Transportation and Material Moving Workers, Except Aircraft Cargo Handling Supervisors	6%
First-Line Supervisors of Transportation and Material Moving Workers, Except Aircraft Cargo Handling Supervisors	6%
Other Transportation Workers	5%
Automotive and Watercraft Service Attendants	15%
Automotive and Watercraft Service Attendants	15%
Material Moving Workers	17%
Laborers and Material Movers, Hand	17%
Cleaners of Vehicles and Equipment	16%

Government Contracts

In the past, the federal government spent an annual total of $595,631,230 on the automotive repair & maintenance industry. It has awarded 3,344 contracts to 1,273 companies, with an average value of $467,896 per company.

Automotive Repair & Maintenance and Adjacent Industries - Top Companies

Company	Address	Revenue ($ Millions)