Racetracks - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in operating racetracks without casinos. These establishments may also present and/or promote the events, such as auto, dog, and horse races, held in these facilities. Cross-References.Source: U.S. Census Bureau
Racetracks Market Size
This report includes historical and forecasted market sizes and industry trends for Racetracks. 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 Racetracks 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 | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
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 Racetracks industry.
Geographic Breakdown by U.S. State
Racetracks 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 Racetracks companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Racetracks |
|---|---|---|
| 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" Racetracks 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 Racetracks industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|---|---|---|
| Industry total | Included |
|
| Pari-mutuel sports gambling | ||
| Pari-mutuel sports gambling - on the event premises | ||
| Gambling machines | ||
| Admissions to live sporting events | ||
| Sporting event broadcast & other media rights | ||
| Broadcast rights for sporting events | ||
| All other operating receipts | ||
| Advertising services | ||
| Meals & bev, prepared/served/dispensed, for immediate consumption | ||
Compensation and Salary Surveys
Salary information for employees working in the Racetracks industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 5% |
Included |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Arts, Design, Entertainment, Sports, and Media Occupations | 17% | |||
| Entertainers and Performers, Sports and Related Workers | 13% | |||
| Athletes, Coaches, Umpires, and Related Workers | 11% | |||
| Coaches and Scouts | 5% | |||
| Protective Service Occupations | 7% | |||
| Other Protective Service Workers | 6% | |||
| Security Guards and Gaming Surveillance Officers | 6% | |||
| Security Guards | 6% | |||
| Food Preparation and Serving Related Occupations | 7% | |||
| Personal Care and Service Occupations | 25% | |||
| Animal Care and Service Workers | 7% | |||
| Nonfarm Animal Caretakers | 6% | |||
| Nonfarm Animal Caretakers | 6% | |||
| Entertainment Attendants and Related Workers | 16% | |||
| Ushers, Lobby Attendants, and Ticket Takers | 5% | |||
| Ushers, Lobby Attendants, and Ticket Takers | 5% | |||
| Miscellaneous Entertainment Attendants and Related Workers | 6% | |||
| Sales and Related Occupations | 10% | |||
| Retail Sales Workers | 6% | |||
| Office and Administrative Support Occupations | 10% | |||
| Installation, Maintenance, and Repair Occupations | 5% | |||
Government Contracts
The federal government spent an annual total of $9,600 on the Racetracks industry. It has awarded 1 contracts to 1 companies, with an average value of $9,600 per company.Top Companies in Racetracks and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
||