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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, market research and analysis, financial ratios and salary surveys, and more.

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

Industry Analysis, Trends, Statistics, and Forecasts

Taxi & Limousine Services  (view report)
Limousine & Town Car Services  (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
  • Competitive landscape
  • Major firms and market share
  • Key risk and success factors
  • Five-year growth forecast

Limo Digest
Limo Digest Magazine

Monthly trade publication features news and information for the luxury ground transportation industry, with special features including the annual "Industry Guide" that provides statistical insights on owner demographics, marketing trends and strategies, revenue sources, profitability, fleet composition and average hourly rates, insurance costs, and hourly wages. Magazine is available by subscription only.

Taxi & Limousine Services

First Research profiles cover key aspects of an industry's size, scope, and operations and include a five-year growth forecast. Profile contents include:

  • Industry overview
  • Recent developments
  • Critical issues and challenges
  • Business trends and opportunities
  • Executive insights
  • Financial benchmarking data
  • Five-year growth forecast

Chauffeur Driven Inc.
Chauffeur Driven Magazine

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.

Bobit Business Media
Publications available from this organization include:

LCT Magazine
Monthly magazine features news and information for owners and managers of chauffeured limousine companies, with special features including the annual "LCT Fact Book & Industry Guide" published in the June issue that provides a statistical overview of this sector based on operator survey responses and other data sources. Current and prior digital editions of this publication can be viewed free online.

LCT Fact Book
Annual fact book provides a statistical overview of the chauffeured transportation industry, with topics covered in this publication including estimated total annual revenue, number of operators, fleet sizes, revenue sources, average hourly vehicle rates, operating expenses as a percentage of annual sales, and net profit margins. Publication is available free online in the June digital edition of LCT Magazine.

Publications available from this trade association include:

Taxicab Division Fact Book
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
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.

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Financial Statements and Financial Ratios

Industry Financial Ratios
Taxi and Limousine Services  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

Taxi & Limousine Services
(see links for individual reports)

Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of revenue for companies that provide passenger transportation services by means of taxis, limousines, and other vehicles, with transportation provided at the discretion of a passenger or small group of passengers between locations of their choosing. Sample report is available online.

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Compensation and Salary Surveys

U.S. Bureau of Labor Statistics
Taxi & Limousine Service

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.
Taxicab & Limousine Service / limo

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.

Bobit Business Media
LCT Fact Book

Operator survey section of this annual publication provides average hourly wage rate information for personnel employed by chauffeured transportation companies, with positions covered by the survey including operations manager, affiliate manager, marketing manager, sales manager, reservationist, dispatcher, chauffeur, and mechanic. Survey data is published in the June edition of LCT Magazine.

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Business Valuation Resources

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