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Tow Truck and Towing Services

SIC 7549 | NAICS 488410

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

For guides to other industries, see our index.

Industry Analysis, Trends, Statistics, and Forecasts

Vehicle Towing Services  (view report)
Tow Truck Franchises  (view report)

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

  • Market size and characteristics
  • Key statistics and ratios
  • Current performance
  • Operating conditions
  • Competitive landscape
  • Major companies
  • Five-year growth forecast

American Towman Magazine
Monthly trade publication provides news, information, and analysis for business owners and operators, with topics covered including business management, field operations, new products and equipment, training and safety, technology, and more. Digital edition of the magazine can be viewed free online with registration.

T.T. Publications, Inc.
Tow Times Magazine
Monthly magazine features news and information for business owners and managers, with topics covered including business operations, new products and equipment, financing, insurance, legislative and regulatory issues, and more. Articles from the news sections included under "Archives" can be viewed free online; free subscription to the digital edition which includes access to archived issues is available with registration.

First Research
Motor Vehicle Towing Services

First Research profiles provide analysis, statistics, and forecasts for a wide range of industries, with content sections including industry overview, recent developments, issues and challenges, business trends and opportunities, leading companies, executive insights, financial benchmarking information, and 5-year revenue growth forecast. Profiles are updated monthly; sample report is available online.

Tow Industry Week
Weekly e-magazine provides news, information, and analysis for industry professionals, with articles from current and prior issues organized by publication date and editorial content category (e.g., news, road and track, operations, rates and trade, product, and events). All articles can be viewed free online.

Tow Professional Magazine
Monthly magazine features articles covering a variety of topics, with topics covered including business management, leasing and financing, insurance, product spotlights, software and technology, company profiles, and more. Current and prior digital editions of this publication are available online.
Tow Truck Body and Rollback Carrier Manufacturing in North America
"Market Analysis" section of this research report includes market analyses by product type for light-duty, medium-duty, and heavy-duty truck bodies and rollback carriers, and the "Market Outlook" section includes an analysis of demand drivers for end-user markets as well as market projections. Summary description, report brochure, and detailed table of contents for this publication can be downloaded and viewed online.

Financial Ratios and Benchmarking Data

Industry Financial Ratios
Motor Vehicle Towing Services  Search for "488410"

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
Motor Vehicle Towing Services

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.

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Compensation and Salary Surveys

U.S. Bureau of Labor Statistics
Occupational Employment and Wages - Support Activities for Road Transportation
Annual wage survey provides hourly and annual wage data for occupations in this service sector on a national, state, and metropolitan area basis, with statistical measures for national wage data including mean, median, upper/lower quartiles, and upper/lower deciles. All information is available free online.

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Business Valuation Resources

Small Business Valuation Multiples

Towing Services

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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