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Taxi & Limousine Services – Industry Research, Analysis, Statistics, and Forecasts

SIC 4121  |  NAICS 4853

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

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Industry Analysis, Statistics, Trends, and Forecasts


Industry Research Reports
Taxi & Limousine Services  (view report)
Limousine & Town Car Services  (view report)
Comprehensive industry 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. Topics addressed in the reports include:
Sample report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

The Transportation Alliance
Publications available from this trade association include:

Transportation Leader
https://www.thetransportationalliance.org/
Quarterly magazine features news and information for owners and managers of for-hire transportation companies, with each issue including feature stories for its taxicab, limousine, and paratransit service divisions as well as providing in-depth preview and after-show coverage of the annual convention and trade show. Magazine is available to members at no charge and by paid subscription to nonmembers.

Taxicab Division Fact Book
https://www.thetransportationalliance.org/
Annual publication provides statistical data and other information for the taxicab services sector, with topics addressed in the publication including revenue sources by market segment, taxicab rates and fares, fleet composition and operations, driver lease fees, owner driver fees, operating costs per mile by expense category, starting and average hourly wages for employees, and liability insurance costs.

Limousine & Sedan Division Fact Book
https://www.thetransportationalliance.org/
Annual fact book provides financial and operating data for the chauffeured transportation sector, with topics covered in this guide including revenue sources by type of service, fleet composition, average annual revenue by type of vehicle, established minimum number of hours and hourly rates by type of vehicle, average number of weekly trips by vehicle type, and average miles driven by type of vehicle.


Chauffeur Driven Inc.
Chauffeur Driven Magazine
https://www.chauffeurdriven.com/

Monthly journal features news and information for limousine and chauffeured ground transportation companies, with topics addressed in various issues including industry trends, business operations, affiliate management, sales and marketing, social media, human resources, insurance, technology, and trade shows and conferences. Current and archived digital editions can be viewed free online.


The Business Research Company
Taxi and Limousine Service
http://bccresearch.com/

Market research report provides an in-depth analysis of the market for this service sector on a global
basis, with information provided including historical and forecast market size by type (e.g., online taxi services, telephone and offline taxi services, limousine services), distance (e.g., long-distance, short- distance), application (e.g., adults, children), and region (e.g., North America, U.S., Canada, Mexico).


Allied Market Research
Taxi Market
https://www.alliedmarketresearch.com/

Comprehensive report provides a detailed analysis of this sector on a global and regional basis, with information provided including market size and forecast by booking type (e.g., online booking, offline booking), service type (e.g., ride hailing, ride sharing), vehicle type (e.g., autos, motorcycles, others), global region (e.g., North America), and for selected countries (e.g., United States, Canada, Mexico).


BizMiner Market Analysis Reports
Taxi and Limousine Service
https://www.bizminer.com  Search for "4853" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.


More industry research reports »

Financial Statements and Financial Ratios


BizMiner Industry Financial Ratios
Taxi and Limousine Service
https://www.bizminer.com  Search for "4853" to see available reports
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Taxi & Limousine Service
(see links for individual reports)  (sample spreadsheet)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and over twenty-five industry financial ratios, with financial ratios provided for the each of the four most recent calendar years and on a historical average basis for 3-year, 5-year, and 10-year time periods. Sample spreadsheet with breakdowns by asset size can be viewed free online.


More financial benchmarking data »

Compensation and Salary Surveys


U.S. Bureau of Labor Statistics
Taxi & Limousine Service
https://www.bls.gov/oes/

Annual employment and wage survey provides hourly and annual wage data on a national, state, and metropolitan area basis for personnel employed by firms which provide these transportation services, with job occupations covered by the survey including reservation clerks, dispatchers, taxi drivers and chauffeurs, automotive service technicians, and vehicle cleaners. Survey data is available free online.


PayScale, Inc.
Taxi & Limousine Service
https://www.payscale.com/taxi-service / limousine-service

Free online service provides salary, bonus, and hourly wage rate data for selected job positions in this transportation sector such as office manager, reservation clerk, dispatcher, taxi driver, chauffeur, and limo driver, with employers for which salary or wage rates are provided including Boston Coach Corp., Carey International, Inc., Advantage Transportation Group, Inc., and Mears Transportation Group, Inc.


More compensation surveys »

BV Guides and Databases


BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/
Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for private company sales transaction data by SIC or NAICS Code using the following codes:
  SIC Code 4121 - Taxicabs
  NAICS Code 4853 - Taxi, Ride Sharing, and Limousine Services
Types of establishments included in these codes
Taxicab owner/operators - establishments consisting of individuals who own and operate their own taxicab and provide transportation services on a for-hire basis. In some cases, they may own multiple vehicles and hire additional taxicab drivers for these vehicles.
Taxicab fleet operators - establishments that own or lease a fleet of taxicabs and employ drivers to provide passenger transportation services on a for-hire basis. They may also provide scheduling and dispatch services to coordinate taxi pickups and drop-offs.
Taxicab organizations - establishments providing administrative and support services to taxicab owner/operators or taxicab fleet operators, such as dispatch services, vehicle maintenance and repair, marketing and advertising, and handling customer service.
Ridesharing services - establishments providing passenger transportation services using an online platform or mobile application that connects passengers with an independent driver who uses their own personal vehicle to transport passengers to their destination.
Carpooling services - establishments facilitating carpooling arrangements using a mobile application or online platform that connects drivers with passengers traveling to similar destinations or in the same direction, allowing them to split the cost of transportation.
Limousine services - establishments with a focus on providing passenger transportation services using limousines that are typically reserved in advance and cater to groups or individuals seeking premium transportation for celebrations, special events, or travel.
Luxury sedan services - establishments that are primarily engaged in providing premium passenger transportation services using high-end luxury sedans driven by professional chauffeurs and that offer an elevated level of style, comfort, class, and sophistication.
Specialty passenger transportation - establishments that provide specialized passenger transportation services such as vintage car rentals for events, executive transportation services for business clients, and party bus rentals for corporate or group events.
Sample reports with detailed sales transaction data and valuation multiples are available free online.

More valuation data »


Related Industries:
Bus Transportation Services
Charter and Tour Bus Services
Car Rental and Leasing
Special Needs Transportation Services

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