2024 Automotive Repair & Maintenance Industry Statistics Report

Automotive Repair & Maintenance - Market Size and Industry Forecast

The 2024 Automotive Repair and Maintenance 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 Repair & Maintenance 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 Repair & Maintenance - 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 Repair & Maintenance companies in the United States.

Automotive Repair & Maintenance Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesAutomotive Repair & Maintenance
Small Business (< 5 Employees)


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

Automotive Repair & Maintenance - 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 Repair & Maintenance - 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 Repair & Maintenance - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Body repair services for cars & light trucks
Body repair services for cars & light trucks - major body repair
Scheduled & preventative maintenance for cars & light trucks
Other repair services for cars & light trucks
Scheduled & preventative maintenance for cars/light trucks - oil change
Power train repair services for cars & light trucks
Body repair services for cars & light trucks - painting services
Brake repair services for cars & light trucks
Washing & cleaning services for cars & light trucks

Automotive Repair & Maintenance - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%


Chief Executives0%
General and Operations Managers3%
Business and Financial Operations Occupations5%
Business Operations Specialists5%
Sales and Related Occupations5%
Retail Sales Workers5%
Office and Administrative Support Occupations11%
Installation, Maintenance, and Repair Occupations48%
Supervisors of Installation, Maintenance, and Repair Workers6%
First-Line Supervisors of Mechanics, Installers, and Repairers6%
First-Line Supervisors of Mechanics, Installers, and Repairers6%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers42%
Automotive Technicians and Repairers38%
Automotive Body and Related Repairers11%
Automotive Glass Installers and Repairers7%
Automotive Service Technicians and Mechanics25%
Bus and Truck Mechanics and Diesel Engine Specialists6%
Bus and Truck Mechanics and Diesel Engine Specialists6%
Production Occupations13%
Other Production Occupations11%
Painting Workers9%
Painters, Transportation Equipment9%
Transportation and Material Moving Occupations25%
Supervisors of Transportation and Material Moving Workers6%
First-Line Supervisors of Transportation and Material Moving Workers, Except Aircraft Cargo Handling Supervisors6%
First-Line Supervisors of Transportation and Material Moving Workers, Except Aircraft Cargo Handling Supervisors6%
Other Transportation Workers5%
Automotive and Watercraft Service Attendants15%
Automotive and Watercraft Service Attendants15%
Material Moving Workers17%
Laborers and Material Movers, Hand17%
Cleaners of Vehicles and Equipment16%

Government Contracts

In the past, the federal government spent an annual total of $595,631,230 on the automotive repair & maintenance industry. It has awarded 3,344 contracts to 1,273 companies, with an average value of $467,896 per company.

Automotive Repair & Maintenance and Adjacent Industries - Top Companies

($ Millions)


Automotive Repair & Maintenance Industry Research
GeographyUnited States  
Publication DateJuly 2024
Report FormatPDF Download  PDF

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