Services for the Elderly & Persons with Disabilities Industry: Statistics, Forecasts, and Company Data
Services for the Elderly & Persons with Disabilities - Market Size and Industry Forecast
The 2023 Services for the Elderly and Persons with Disabilities Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the services for the elderly & persons with disabilities industry.
| Historical | Forecasted |
|---|
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|
| 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)
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.
Services for the Elderly & Persons with Disabilities - 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 Services for the Elderly & Persons with Disabilities companies in the United States.
Services for the Elderly & Persons with Disabilities Revenue by State
Distribution by Company Size
| Company Size | All Industries | Services for the Elderly & Persons with Disabilities |
|---|
| Small Business (< 5 Employees) |
|
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Services for the Elderly & Persons with Disabilities - 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" 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
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Services for the Elderly & Persons with Disabilities - Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios |
|
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Services for the Elderly & Persons with Disabilities - Product Mix
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total |
|
| Social assistance services for the elderly & disabled |
| Social assistance for elderly & disabled - other |
| Contributions, gifts, & grants - government |
| Social assistance for elderly & disabled - adult day care service |
| Contributions, gifts, & grants - private |
| Social assistance for elderly & disabled - counseling & devel |
| Social assistance services for children, youth, & families |
| All other revenue |
| Social assistance for families - other |
Services for the Elderly & Persons with Disabilities - Compensation and Salary Surveys
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 2% |
|
| Chief Executives | 0% |
| General and Operations Managers | 1% |
| Community and Social Service Occupations | 6% |
| Counselors, Social Workers, and Other Community and Social Service Specialists | 6% |
| Healthcare Support Occupations | 11% |
| Nursing, Psychiatric, and Home Health Aides | 11% |
| Nursing, Psychiatric, and Home Health Aides | 11% |
| Home Health Aides | 9% |
| Personal Care and Service Occupations | 69% |
| Other Personal Care and Service Workers | 67% |
| Personal Care Aides | 65% |
| Personal Care Aides | 65% |
Government Contracts
In the past, the federal government spent an annual total of
$20,533,793 on the services for the elderly & persons with disabilities industry. It has awarded 1,143 contracts to 243 companies, with an average value of $84,501 per company.
Services for the Elderly & Persons with Disabilities and Adjacent Industries - Top Companies
| Company | Address | Revenue
($ Millions) |
|---|
|
