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2025 U.S. Industry Statistics & Market Forecast - Armored Car Services
Market Size & Industry Statistics
The total U.S. industry market size for Armored Car Services:
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.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Armored Car Services industry include:- Rising global security concerns
- Increase in cash-in-transit operations due to higher cash usage in emerging markets
- Advancements in armored vehicle technology
- Greater demand for secure logistics and valuables transportation
- Heightened risk of terrorism and organized crime activities
- Stricter regulations and standards for vehicle armor and operational procedures
- Integration of advanced communication and tracking technologies
- Increased use of electric and hybrid vehicles
- Shift toward outsourcing by financial institutions
- Growth in luxury armored vehicles for private use
Product & Services Breakdown
Research products and services in the Armored Car Services industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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Armored Car Services |
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Armored Car Transportation Of Cash And Valuables (Except For Automated Teller Machines) |
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Armored Car Automated Teller Machine Services |
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Cash Handling And Management Services For Business |
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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.
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 Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| 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 Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Armored Car Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry 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 Armored Car Services industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| 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). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Armored Car Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry 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. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry 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. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| 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. |
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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.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 1% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 1% | |||
| Protective Service Occupations | 93% | |||
| Other Protective Service Workers | 89% | |||
| Security Guards and Gambling Surveillance Officers | 87% | |||
| Security Guards | 87% | |||
Armored Car Services Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Armored Car Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Armored Car Services industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Armored Car Services industry. |
Source:
Latest Industry News
- Standoff subject to undergo treatment - Clallam County Superior Court Judge Elizabeth Stanley signed a 90-day restoration order on Monday for Justin Cox, 37, to undergo treatment to restore his competency in order to be prosecuted. Stanley set his next court date for 1 p.m. Sept. 26. (07/08/2025)
- Trump priorities clear: Derail medical and scientific research, invade MacArthur Park - An anti-vax crackpot is in charge of the nation’s healthcare and medical research system. Trump’s Big Bonehead Bill calls for an $18-billion cut for the National Institutes of Health. Some of the leading researchers in medicine and science are leaving the country in a trend that could end up being a catastrophic brain drain. (07/08/2025)
- MacArthur Park ICE raids: LA Mayor Karen Bass confronts armed federal agents, videos surface - Los Angeles Mayor Karen Bass arrived at the McArthur Park on Monday afternoon and confronted armed federal agents amid the ICE raids. (07/07/2025)
- Ukrainian Troops Struggle to Hold the Line on the Eastern Front - Kyiv is defending Kostiantynivka from Russian drone attacks. The embattled city is a gateway to Ukraine’s last major defense in the Donetsk region. (07/07/2025)
- Brinks truck robbed in Philadelphia; police investigate if other thefts from armored trucks are connected - An armored truck carrying cash was robbed Wednesday outside of a store in Northeast Philadelphia, police said. This is at least the third armored car robbery in the city in as many weeks, a review of recent reports from police show. And police said they are investigating whether the incidents may be connected. (07/03/2025)
- ‘The Old Guard 2’ Review: Charlize Theron and KiKi Layne Bring All the Right Moves, but Netflix Sequel Doesn’t Have the Same Kick - Uma Thurman and Henry Golding join the returning cast in this follow-up to 2020’s adaptation of the graphic novel series about immortal soldiers battling to protect humanity. (07/02/2025)
- A Colorado Springs man sentenced to over 11 years in federal prison for robbery - A man from Colorado Springs has been sentenced to over 11 years in prison for robbery and brandishing a firearm during a crime of violence. (06/28/2025)
- Third man pleads guilty in North Dakota armored car heist - Authorities say the 23-year-old Link was employed by Alpha 6, Inc., which provided armored car services to transport money for U.S. Bank in Bismarck. He allegedly provided a key to the Alpha 6 van. (06/27/2025)
- Iran nearly succeeded in orchestrating assassination of Mike Pompeo in Europe in 2022, book reveals - Donald Trump and his top aides faced near-constant threats of assassination after he left office in 2021, according to a forthcoming book. (06/27/2025)
- Fill with Hope Car Show rolls into Canyon - The fifth annual car show took place Saturday, May 17 at the Happy State Bank Stadium parking lot. Fill with Hope is a local non-profit organization that sends food home monthly for food insecure children within Canyon Independent School District. (05/21/2025)
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