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2018 Market Analysis & Industry Outlook: Automobile Towing & Road Service

Overview: the U.S. Automobile Towing & Road Service Industry

This section provides answers to key questions about the industry:

  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Automobile Towing & Road Service: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Automobile Towing & Road Service industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

Maintenance And Repair And Related Services For Transportation Equipment

Towing Services

Other Products

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Automobile Towing & Road Service company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Automobile Towing & Road Service industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Automobile Towing & Road Service measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 3%

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Chief Executives0%
General and Operations Managers3%
Office and Administrative Support Occupations 19%
Material Recording, Scheduling, Dispatching, and Distributing Workers 8%
Dispatchers 7%
Dispatchers, Except Police, Fire, and Ambulance 7%
Installation, Maintenance, and Repair Occupations 7%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 6%
Transportation and Material Moving Occupations 65%
Motor Vehicle Operators 50%
Driver/Sales Workers and Truck Drivers 45%
Heavy and Tractor-Trailer Truck Drivers 40%
Material Moving Workers 11%
Laborers and Material Movers, Hand 9%
Laborers and Freight, Stock, and Material Movers, Hand 8%
Source: Bureau of Labor Statistics

Automobile Towing & Road Service Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate

Innovation News

  • Virginia Transportation trademarks "VIRGINIA TRANSPORTATION CORPORATION" - Trucking services - 10/25/2016
  • Rebellos Towing Service trademarks "REBELLO'S SINCE 1955" - Vehicle towing services for public roadside emergencies, police impounds, insurance companies, private property impounds, and repossessions - 01/05/2016
  • Recovery Systems trademarks "CUSTOMER OWNED AND OPERATED" - Vehicle towing - 06/09/2010

  • Top Innovators

    CompanyInnovation Score
    Recovery Systems
    Virginia Transportation

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • Tantalum and Agero Partner to Deliver On-Demand Roadside Assistance Services - LAS VEGAS--(BUSINESS WIRE)-- CES 2018 - Tantalum Corporation, the leading innovator and end-to-end services provider ... enable mobile carriers and auto manufacturers to respond quickly to everyday roadside events to perform towing, lockouts, jumpstarts ... (01/08/2018)
    • Roadside Assistance Lafayette, Louisiana’s Best Towing and Recovery Services - Guy’s Towing Service offers prompt and professional towing, roadside, and transport services in Louisiana ... Service you can use one of our versatile trucks for much more than car breakdowns. While many towing companies claim to have good service ... (01/08/2018)
    • Markham Towing Company Launches New Car Storage Service - “Our friendly staff provides roadside and towing service 24 hours, 7 days a week, 365 days a year. Our tow truck drivers are fully certified in the tow truck industry and meet or exceed legal requirements as well as being fully insured. If your car has ... (01/04/2018)
    • Calls for auto service increase during frigid temperatures - A stint of frigid temperatures in Saskatoon kept towing companies busy Wednesday. Locally-owned Auto Rescue Towing said it experienced ... the safety of tow truck drivers in mind when out on the road. Environment Canada’s Extreme Cold Warning remained ... (12/27/2017)
    • Wallace Towing & Automotive wins ACE award - Louis Wallace of Wallace Towing & Automotive in Bethel has received the American ... Nation Safe Drivers, Quest Towing Services, Pinnacle Motor Club, Road America and USAC/MD. The nomination guidelines for the ACE Award include: the highest percentage ... (12/18/2017)
    • Brad's Roadside Service - Promote your business through our innovative Marketplace system! It's free to sign up! As published in the Rochester Post Bulletin. As published in the Rochester Post Bulletin. As published in the Rochester Post Bulletin. As published in the Rochester Post ... (12/04/2017)
    • Automobile Club Honors 6 Local Towing Contractors - The recipients represent the top 10% of all stations in a network of more than 300 contractors that provide 24-hour towing and roadside assistance for Auto Club members throughout Southern California. Service Pro honorees are rated according to call ... (04/25/2000)

    Government Contracts

    In 2016, the federal government spent a total of $7,576,743 on Automobile Towing & Road Service. It has awarded 138 contracts to 34 companies, with an average value of $222,845 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount

    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Tow truck services, Emergency road services (i.e., tow service), Wrecker services (i.e., towing services), motor vehicle, Towing services, Motor vehicle towing services, etc.

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