Parking Lots & Garages Industry: Statistics, Forecasts, and Company Data
Parking Lots & Garages - Market Size and Industry Forecast
The 2023 Parking Lots and Garages Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the parking lots & garages industry.
| Historical | Forecasted |
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
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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.Industry Revenue ($ 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.
Parking Lots & Garages - 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.
Parking Lots & Garages Revenue by State

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 - 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 |
Average Income Statement

Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Parking Lots & Garages - 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 - 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 - 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
In the past, 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 $263,369 per company.
Parking Lots & Garages and Adjacent Industries - Top Companies
Company | Address | Revenue ($ Millions) |
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