Other Technical and Trade Schools Industry Research Report
Industry Overview
This U.S. industry comprises establishments primarily engaged in offering job or career vocational or technical courses (except cosmetology and barber training, aviation and flight training, and apprenticeship training). The curriculums offered by these schools are highly structured and specialized and lead to job-specific certification. Illustrative Examples: Bartending schools Modeling schools Broadcasting schools Real estate schools Computer repair training Truck driving schools Graphic arts schools Specialized military training (except flight instruction, academies, and basic training) Cross-References. Establishments primarily engaged in--
Source: U.S. Census BureauOther Technical and Trade Schools Market Size
This research report analyzes the market size and trends in the Other Technical and Trade Schools industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| 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 dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
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.
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 Other Technical and Trade Schools companies in the United States.
Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Other Technical and Trade Schools |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Industry 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" Other Technical and Trade Schools company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| 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
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Other Technical and Trade Schools industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total | Included |
| Occupational, tech, & trade; prof dev; & mngmt training prog |
| Other occupational, tech, & trade; prof dev; & mngmt training prog |
| Training programs & courses - education |
| Training prog/courses - prof dev & mngmt training prog/courses |
| Training prog/courses - all other pers, protective, & trans services |
| Training prog/courses - health, parks, recreation, & fitness |
| Contributions, gifts, & grants - government |
| Training prog/courses - physical & life sciences & technologies |
| Contributions, gifts, & grants - private |
Salary information for employees working in the Other Technical and Trade Schools industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 9% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 2% |
| Business and Financial Operations Occupations | 6% |
| Education, Training, and Library Occupations | 47% |
| Postsecondary Teachers | 38% |
| Miscellaneous Postsecondary Teachers | 33% |
| Vocational Education Teachers, Postsecondary | 32% |
| Other Teachers and Instructors | 6% |
| Office and Administrative Support Occupations | 17% |
| Information and Record Clerks | 5% |
| Other Office and Administrative Support Workers | 5% |
Government Contracts
The federal government spent an annual total of
$1,161,545,906 on the Other Technical and Trade Schools industry. It has awarded 1,572 contracts to 242 companies, with an average value of $4,799,776 per company.
Top Companies in Other Technical and Trade Schools and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
