Passenger Car Rental and Leasing - Market Size, Financial Statistics, Industry Trends

Industry Overview

This industry comprises establishments primarily engaged in renting or leasing passenger cars without drivers. Illustrative Examples: Passenger car rental or leasing Passenger truck (light duty) rental or leasing Passenger van rental or leasing Sport utility vehicle rental or leasing Cross-References. Establishments primarily engaged in--
Source: U.S. Census Bureau

Passenger Car Rental and Leasing Market Size

This report includes historical and forecasted market sizes and industry trends for Passenger Car Rental and Leasing. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Passenger Car Rental and Leasing industry.

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 data

Industry Revenue ($ Billions)

Passenger Car Rental and Leasing Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Passenger Car Rental and Leasing Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Passenger Car Rental and Leasing industry.

Geographic Breakdown by U.S. State

Passenger Car Rental and Leasing market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Passenger Car Rental and Leasing companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Passenger Car Rental and Leasing
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:
The report includes a traditional income statement from an "average" Passenger Car Rental and Leasing 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

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 RatioIndustry 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 Passenger Car Rental and Leasing industry accounting for the largest revenue sources.

Product Description Description Revenue
($ Millions)
Industry total

Included

Rental and leasing of passenger cars
Renting of passenger cars
Leasing of passenger cars
Other products
Rental and leasing of trucks, except light-duty, and trailers
Leasing of trucks, except light-duty, and trailers
Rental of trucks, except light-duty, and trailers
Automotive equip (w/o drivers) rental and leasing related serv
Rental and leasing of other road vehicles

Compensation and Salary Surveys

Salary information for employees working in the Passenger Car Rental and Leasing industry.

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 4%

Included

Chief Executives 0%
General and Operations Managers 2%
Sales and Related Occupations 38%
Supervisors of Sales Workers 6%
First-Line Supervisors of Sales Workers 6%
Retail Sales Workers 30%
Counter and Rental Clerks and Parts Salespersons 29%
Counter and Rental Clerks 29%
Office and Administrative Support Occupations 13%
Information and Record Clerks 5%
Installation, Maintenance, and Repair Occupations 12%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 10%
Bus and Truck Mechanics and Diesel Engine Specialists 6%
Bus and Truck Mechanics and Diesel Engine Specialists 6%
Transportation and Material Moving Occupations 28%
Motor Vehicle Operators 14%
Taxi Drivers and Chauffeurs 7%
Taxi Drivers and Chauffeurs 7%
Material Moving Workers 11%
Laborers and Material Movers, Hand 10%
Cleaners of Vehicles and Equipment 9%

Government Contracts

The federal government spent an annual total of $114,450,050 on the Passenger Car Rental and Leasing industry. It has awarded 3,520 contracts to 259 companies, with an average value of $441,892 per company.

Top Companies in Passenger Car Rental and Leasing and Adjacent Industries

Company Address Revenue
($ Millions)

Included