2024 Language Schools Industry Research Report

Language Schools - Market Size and Industry Forecast

The 2024 Language Schools 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 language schools industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

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% 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.

Language Schools - 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 Language Schools companies in the United States.

Language Schools Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesLanguage Schools
Small Business (< 5 Employees)

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

Language Schools - 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

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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

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Language Schools - Financial Ratio Analysis

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

Financial RatioIndustry Average
Profitability Ratios

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

Language Schools - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

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Basic education & personal improvement programs & courses
Contributions, gifts, & grants - private
Student services
Contributions, gifts, & grants - government
All other operating receipts
Leisure & recreation activities instruction & training
Instruction & training - other leisure & recreational activities
Occupational, tech, & trade; prof dev; & mngmt training prog
Training programs & courses - education

Language Schools - Compensation and Salary Surveys

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

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Chief Executives0%
General and Operations Managers3%
Education, Training, and Library Occupations54%
Other Teachers and Instructors47%
Self-Enrichment Education Teachers29%
Self-Enrichment Education Teachers29%
Miscellaneous Teachers and Instructors17%
Teachers and Instructors, All Other, Except Substitute Teachers16%
Arts, Design, Entertainment, Sports, and Media Occupations15%
Entertainers and Performers, Sports and Related Workers14%
Athletes, Coaches, Umpires, and Related Workers13%
Coaches and Scouts13%
Personal Care and Service Occupations6%
Other Personal Care and Service Workers5%
Office and Administrative Support Occupations11%

Government Contracts

In the past, the federal government spent an annual total of $51,250,446 on the language schools industry. It has awarded 695 contracts to 54 companies, with an average value of $949,082 per company.

Language Schools and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Language Schools Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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