Professional Employer Organizations (PEO) (NAICS 56133) Industry Market Research Report

Professional Employer Organizations (PEO) - Market Size and Forecast

The Professional Employer Organizations (PEO) report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurementsincludes both public and private companies in the industry.

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
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)

Professional Employer Organizations (PEO) Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

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.

Professional Employer Organizations (PEO) - 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 Professional Employer Organizations (PEO) companies in the United States.

Professional Employer Organizations (PEO) Revenue by State

US Market Size by State

Distribution by Company Size

Company Size All Industries Professional Employer Organizations (PEO)
Small Business (< 5 Employees)


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

Professional Employer Organizations (PEO) - 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 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

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Professional Employer Organizations (PEO) - 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

Professional Employer Organizations (PEO) - Product Mix

Product Description Description Revenue
($ Millions)
Industry total


Co-employment services
Co-employment services with payroll, benefit, & human resource services
Co-employment services with payroll & human resource services
Co-employment services with payroll & benefit services
Payrolling services
Payroll services
Temporary staffing services
Other temporary staffing services
Investigation services

Professional Employer Organizations (PEO) - Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 2%


Chief Executives 0%
General and Operations Managers 1%
Office and Administrative Support Occupations 18%
Other Office and Administrative Support Workers 5%
Production Occupations 21%
Assemblers and Fabricators 7%
Miscellaneous Assemblers and Fabricators 6%
Assemblers and Fabricators, All Other, Including Team Assemblers 6%
Other Production Occupations 10%
Miscellaneous Production Workers 6%
Transportation and Material Moving Occupations 23%
Material Moving Workers 22%
Laborers and Material Movers, Hand 20%
Laborers and Freight, Stock, and Material Movers, Hand 16%

Government Contracts

In 2008, the federal government spent a total of $32,501,393 on the professional employer organizations (peo) industry. It has awarded 193 contracts to 45 companies, with an average value of $722,253 per company.

Professional Employer Organizations (PEO) and Adjacent Industries - Top Companies

Company Address Revenue
($ Millions)


Professional Employer Organizations (PEO) Industry Report
Geography United States  
Publication Date July 2020
Report Format PDF Download  
Price $499

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Professional Employer Organizations (PEO)