2025 Parking Lots & Garages Industry Report

Industry Overview

This industry comprises establishments primarily engaged in providing parking space for motor vehicles, usually on an hourly, daily, or monthly basis and/or valet parking services.
Source: US Census Bureau

Market Size and Industry Forecast

The Parking Lots and Garages industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Parking Lots & Garages industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
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.

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 Parking Lots & Garages companies in the United States.

Distribution by Company Size

Company Size	All Industries	Parking Lots & Garages
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Parking Lots & Garages 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" 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

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

Parking Lots & Garages Industry Product Mix

Product Description	Description	Revenue ($ Millions)
Industry total
Parking services
Off-street parking services
Valet parking services
All other operating receipts
On-street parking services
Resale of merchandise
Resale of other merchandise

Parking Lots & Garages Industry 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	2%
Personal Care and Service Occupations	36%
Animal Care and Service Workers	28%
Nonfarm Animal Caretakers	26%
Nonfarm Animal Caretakers	26%
Sales and Related Occupations	6%
Office and Administrative Support Occupations	10%
Transportation and Material Moving Occupations	33%
Other Transportation Workers	26%
Parking Lot Attendants	26%
Parking Lot Attendants	26%

Government Contracts

The federal government spent an annual total of $57,677,723 on the parking lots & garages industry. It has awarded 1,306 contracts to 219 companies, with an average value of $263,369 per company.

Top Companies in Parking Lots & Garages and Adjacent Industries

Company	Address	Revenue ($ Millions)