2024 Automotive Equipment Rental & Leasing Industry Statistics Report

Automotive Equipment Rental & Leasing - Market Size and Industry Forecast

The 2024 Automotive Equipment Rental and Leasing Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Automotive Equipment Rental & Leasing industry.

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)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

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.

Automotive Equipment Rental & Leasing - 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 Automotive Equipment Rental & Leasing companies in the United States.

Automotive Equipment Rental & Leasing Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesAutomotive Equipment Rental & Leasing
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Automotive Equipment Rental & Leasing - 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" company (both public and private companies included).

Industry AveragePercent 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

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Automotive Equipment Rental & Leasing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Automotive Equipment Rental & Leasing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


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

Automotive Equipment Rental & Leasing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations4%


Chief Executives0%
General and Operations Managers2%
Sales and Related Occupations38%
Supervisors of Sales Workers6%
First-Line Supervisors of Sales Workers6%
Retail Sales Workers30%
Counter and Rental Clerks and Parts Salespersons29%
Counter and Rental Clerks29%
Office and Administrative Support Occupations13%
Information and Record Clerks5%
Installation, Maintenance, and Repair Occupations12%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers10%
Bus and Truck Mechanics and Diesel Engine Specialists6%
Bus and Truck Mechanics and Diesel Engine Specialists6%
Transportation and Material Moving Occupations28%
Motor Vehicle Operators14%
Taxi Drivers and Chauffeurs7%
Taxi Drivers and Chauffeurs7%
Material Moving Workers11%
Laborers and Material Movers, Hand10%
Cleaners of Vehicles and Equipment9%

Government Contracts

In the past, the federal government spent an annual total of $137,055,982 on the automotive equipment rental & leasing industry. It has awarded 4,882 contracts to 703 companies, with an average value of $194,959 per company.

Automotive Equipment Rental & Leasing and Adjacent Industries - Top Companies

($ Millions)


Automotive Equipment Rental & Leasing Industry Research
GeographyUnited States  
Publication DateMay 2024
Report FormatPDF Download  PDF

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