Taxi & Limousine Service Industry - Market Research, Industry Statistics, Company Data

Taxi & Limousine Service - Market Size and Industry Forecast

The Taxi and Limousine Service market research report contains both historical and forecasted industry statistics. Total market size revenues from 2014 through 2024 reveal industry growth patterns and trends. Market size figures include both public and private companies in the Taxi & Limousine Service industry.

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
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.

Taxi & Limousine Service Industry Revenue ($ Billions)

Taxi & Limousine Service Industry Revenue
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020

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 Taxi & Limousine Service industry.

Taxi & Limousine Service - 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 taxi & limousine service companies in the United States.

Taxi & Limousine Service Revenue by State

Market Share by State

Taxi & Limousine Service - Distribution by Company Size

Company Size All Industries Taxi & Limousine Service
Small Business (< 5 Employees)


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

Taxi & Limousine Service - 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

Taxi & Limousine Service - 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

Taxi & Limousine Service · Product Mix

Product Description Description Revenue
($ Millions)
Industry total


Local passenger transportation by road, except fixed-route
Local passenger trans by limousines and similar luxury vehicles
Local taxi service
Taxicab services
Long-distance passenger transportation by road, except fixed-route
Long-distance pass trans by road, except fixed-route, other vehicles
Local passenger transportation by chartered bus
Special needs trans serv, including paratransit, senior citizen
Transit & ground passenger transportation related services

Taxi & Limousine Service - Compensation and Salary Surveys

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


General and Operations Managers 2%
Office and Administrative Support Occupations 23%
Material Recording, Scheduling, Dispatching, and Distributing Workers 12%
Dispatchers 12%
Dispatchers, Except Police, Fire, and Ambulance 12%
Transportation and Material Moving Occupations 69%
Motor Vehicle Operators 66%
Taxi Drivers and Chauffeurs 64%
Taxi Drivers and Chauffeurs 64%

Taxi & Limousine Service - Government Contracts

In 2008, the federal government spent a total of $18,679,683 on the taxi & limousine service industry. It has awarded 815 contracts to 72 companies, with an average value of $259,440 per company.

Taxi & Limousine Service and Adjacent Industries · Top Companies

Company Address Revenue
($ Millions)


Taxi & Limousine Service Industry Report
Geography United States  
Publication Date October 2019
Report Format PDF Download  
Price $499

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