2024 Charter Bus Industry Research Report

Charter Bus - Market Size and Industry Forecast

The 2024 Charter Bus 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 charter bus 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.

Charter Bus - 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 Charter Bus companies in the United States.

Charter Bus Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesCharter Bus
Small Business (< 5 Employees)


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

Charter Bus - 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

Charter Bus - 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

Charter Bus - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Long-distance passenger transportation by road, except fixed-route
Local passenger transportation by road, except fixed-route
Long-distance passenger transportation by chartered bus
Local passenger transportation by chartered bus
Local, fixed-route passenger trans by road and transit rail
Local, fixed-route pass trans by road, except school, emp, & com car
Transit & ground passenger transportation related services
Long-distance tour packages by bus
Trans & ground pass trans - local sightseeing tours by road

Charter Bus - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations2%


General and Operations Managers2%
Office and Administrative Support Occupations9%
Installation, Maintenance, and Repair Occupations6%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers6%
Bus and Truck Mechanics and Diesel Engine Specialists5%
Bus and Truck Mechanics and Diesel Engine Specialists5%
Transportation and Material Moving Occupations78%
Motor Vehicle Operators70%
Bus Drivers66%
Bus Drivers, Transit and Intercity54%
Bus Drivers, School or Special Client12%
Material Moving Workers5%
Laborers and Material Movers, Hand5%
Cleaners of Vehicles and Equipment5%

Government Contracts

In the past, the federal government spent an annual total of $8,372,196 on the charter bus industry. It has awarded 511 contracts to 144 companies, with an average value of $58,140 per company.

Charter Bus and Adjacent Industries - Top Companies

($ Millions)


Charter Bus Industry Report
GeographyUnited States  
Publication DateApril 2024
Report FormatPDF Download  PDF

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