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Taxi and Limousine Services

SIC 4119 & 4121 | NAICS 485310 & 485320

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.


Select from the following sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For guides to other industries, see our index of over 400 industries.




Industry Analysis, Statistics, Trends, and Forecasts


Taxi & Limousine Services  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast


LCT
Information resources available from this organization include:

LCT Magazine
http://www.lctmag.com/
Monthly trade journal features news and information for owners and managers of chauffeured transportation services companies, with topics covered including operations, finances, personnel, technology, vehicles, and regulations. Special features include excerpts from the annual "LCT Fact Book" which are included in the May edition of the magazine. Current and prior digital editions are available online with registration.

LCT Fact Book
http://www.lctmag.com/
Annual fact book provides a statistical overview of chauffeured transportation services companies, with topics covered including estimated total annual revenue, number of operators, vehicles in service, average monthly revenue per vehicle, operating expenses as a percentage of sales, average profit margin, and more. Current and prior fact books are available online with registration.


First Research

Taxi & Limousine Services
http://www.firstresearch.com
First Research profiles cover key aspects of an industry's size, scope, and operations, and include a five-year revenue growth forecast. Profiles are updated quarterly and include:
  • Industry overview
  • Recent developments
  • Critical issues and challenges
  • Business trends and opportunities
  • Executive insights
  • Financial benchmarking data
  • Five-year growth forecast


TLPA
Information resources available from this trade association include:

Transportation Leader
http://www.tlpa.org/
Quarterly trade journal features news and information for for-hire transportation companies, with topics covered including trends and developments, managing a transportation company, regulatory issues, and more. Publication is available to members at no charge and by subscription for nonmembers.

Taxicab Division Fact Book
https://www.tlpa.org/
Annual fact book provides operating statistics based on national averages for the taxicab services industry, with topics covered including current taxicab fares and rates, airport service, regulatory inspection and licensing fees, fleet composition and operations, vehicle insurance rates, and more.

Limousine & Sedan Division Fact Book
https://www.tlpa.org/
Annual fact book provides financial and operating benchmarks for the chauffeured transportation industry, with various topics covered including fleet size and operations, gross revenue, average annual revenue per vehicle, vehicle utilization, staffing, employee compensation, and more.


Limo Digest
Limo Digest Magazine
http://www.limodigest.com/magazine/
Monthly trade publication provides news and information for luxury ground transportation companies, with topics covered including trends and developments, business operations, vehicle maintenance, technology, regulations, insurance, and more. Digital editions can be viewed online with registration.



Financial Benchmarking Data


Industry Financial Ratios
Taxi and Limousine Services
http://www.bizminer.com  Search for "4853"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios


First Research

Taxi & Limousine Services
http://www.firstresearch.com

Financial information section of these profiles includes common-size income statement and balance sheet data and key financial ratios for the most recent annual reporting period, with average financial measures reported for all companies and by sales size range for small (under $5 million), medium ($5 million to $50 million), and large companies (over $50 million). Sample report can be downloaded and viewed online.




Compensation Surveys


U.S. Bureau of Labor Statistics
Occupational Outlook Handbook - Taxi Drivers and Chauffeurs
http://www.bls.gov/taxi-drivers-and-chauffeurs.htm
Information provided for this occupational category includes a description of the nature of the work and the work environment, number and types of jobs, education and training requirements, wages and earnings, employment outlook, and sources for additional information. All information is available free online.

Limousine & Sedan Division Fact Book
https://www.tlpa.org/
Annual fact book provides financial and operating benchmarks for the chauffeured transportation services industry, and includes wage and salary information for office and operations staff including reservationists, dispatchers, chauffeur trainers, detailers, and sales persons.

Limo Digest
Operator Survey
http://www.limodigest.com/
Annual operator survey includes average hourly wage data for employee drivers, mechanics, detailers, reservationists, dispatchers, sales/marketing personnel, managers/trainers, and administrative support personnel. Operator survey results are in included in the "Industry Guide" published each year in June.



Business Valuation Resources


Small Business Valuation Multiples

Limousine Services
http://valuationresources.com/

Comprehensive reference guide provides market-based business valuation multiples for small businesses in more than 200 industries. Valuation multiples are derived from actual business sales transactions as reported by BIZCOMPS®, with the primary focus on small companies priced at less than $1 million.


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