Automobile Towing & Road Service Industry: Statistics, Forecasts, and Company Data

Automobile Towing & Road Service - Market Size and Industry Forecast

The 2023 Automobile Towing and Road Service 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 automobile towing & road service 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.



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.

Automobile Towing & Road 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 Automobile Towing & Road Service companies in the United States.

Distribution by Company Size

Company Size	All Industries	Automobile Towing & Road Service
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Automobile Towing & Road Service - 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

Automobile Towing & Road Service - 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

Automobile Towing & Road Service - Product Mix

Product Description	Description	Revenue ($ Millions)
Industry total
Towing services
Other products
Repair and maintenance of goods transportation equipment
Road access services - tolls
Domestic freight transportation arrangement service
Reselling of fuel, wholesale
Non-vessel operating common carrier service
Road cleaning services
Rental of goods transportation equipment, without operators

Automobile Towing & Road Service - Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	3%
Chief Executives	%
General and Operations Managers	2%
Office and Administrative Support Occupations	20%
Material Recording, Scheduling, Dispatching, and Distributing Workers	8%
Dispatchers	7%
Dispatchers, Except Police, Fire, and Ambulance	7%
Other Office and Administrative Support Workers	5%
Installation, Maintenance, and Repair Occupations	8%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers	6%
Transportation and Material Moving Occupations	64%
Motor Vehicle Operators	48%
Driver/Sales Workers and Truck Drivers	45%
Heavy and Tractor-Trailer Truck Drivers	42%
Material Moving Workers	12%
Laborers and Material Movers, Hand	10%
Laborers and Freight, Stock, and Material Movers, Hand	9%

Government Contracts

In the past, the federal government spent an annual total of $7,576,743 on the automobile towing & road service industry. It has awarded 138 contracts to 34 companies, with an average value of $222,845 per company.

Automobile Towing & Road Service and Adjacent Industries - Top Companies

Company	Address	Revenue ($ Millions)