Valuation Resources

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. See the following sections listed below to view available resources by category: industry analysis, trends, statistics, and forecasts; financial statements and financial ratios; compensation and salary surveys; and business valuation resources. 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 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 data including market size based on revenue, five-year average growth rate, number of businesses, and total employment are available free online.

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.

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.

The Transportation Alliance
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.

Market Analysis

Market analysis report provides 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.

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 including:
Sample national and metropolitan area reports are available free online.

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.

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.

Business Valuation Resources

Private company sales transaction data for over 800 industries.

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