Oil Change & Fast Lube Services – Industry Analysis, Statistics, Trends, and Forecasts
See the following sections listed below to view available resources by category:
For guides to other industries, see our index of over 400 industries.
Industry Analysis, Statistics, Trends, and Forecasts
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
Automotive Oil Change Association
You Auto Know / Government Affairs Update
https://www.aoca.org/
Monthly publications provide news and information for fast lube operators, with the "You Auto Know" e-newsletter providing information on industry and trade association news, events, and activities and the "Government Affairs Update" providing information on state and federal legislative and regulatory matters and the association's advocacy efforts with regard to these matters on behalf of its members.
NOLN
Resources available from this organization include:
National Oil & Lube News
https://www.noln.net/
Monthly trade publication features news and information for fast lube operators, with special features including
the annual "Guide to Programs & Franchises" which provides
information on franchise and licensing programs, the "TOPS in the Industry Study" which ranks companies
with six or more stores by total stores, and the "Operators Survey"
which provides detailed financial and operating statistics.
TOPS in the Industry Study
https://www.noln.net/
Annual report ranks the top chains by total number of independent, company-owned, and
franchised facilities that receive the majority of their sales from oil changes and other maintenance services
that can be performed in less than 30 minutes, with a chain defined as six or more
facilities owned by the same organization, individual, or business entity and/or
operating under the same or similar signage.
Operators Survey
https://www.noln.net/
Annual operator survey provides detailed statistical data for fast lube operations, with
topics covered by the survey including business profile, customer demographics,
services offered, prices for various types of oil changes, best selling products by product type and brand
name, shop operations, annual gross sales, expenses and pretax profit as a percentage of
gross sales, and employment and wages.
Mintel Group Ltd.
Oil Changing Services - US
https://store.mintel.com/
Consumer research report provides an in-depth analysis of the U.S. market for oil changing services, with topics covered in the study including market size and forecast, factors affecting demand, market share percentages for major companies and brands, factors that affect selection of service providers, and reasons for choosing a specific service location. Detailed table of contents can be viewed online.
Freedonia Group
Global Automotive Lubricants
https://www.freedoniagroup.com/
Comprehensive research study provides a detailed analysis of the automotive lubricants market, with information provided including historical demand and forecasts by type of vehicle (e.g., light, medium and heavy duty, off-highway), product (e.g., motor oil, transmission/hydraulic fluids, gear oil/greases), formulation (e.g., conventional, synthetic, re-refined, bio-based), and geographic market (e.g., U.S.).
BizMiner Market Analysis Reports
Automotive Oil Change & Lubrication Shops
https://www.bizminer.com Search for "811191" 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.
Financial Statements and Financial Ratios
BizMiner Industry Financial Ratios
Automotive Oil Change & Lubrication Shops
https://www.bizminer.com Search for "811191" to see available reports
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
IBISWorld Research Reports
Industry Financial Ratios
(see links for individual reports)
Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.
NOLN
Operators Survey
https://www.noln.net/
Annual operator survey provides detailed statistical data for quick lube operations, with financial data provided in the survey including annual gross sales by sales range (e.g., > $500,000, $500,000 to $1 million, $1 to $2 million, > $2 million) and cost of goods sold, operating expenses, lease or mortgage expense, payroll expense, other expense, and net profit before taxes as a percentage of gross sales.
Compensation and Salary Surveys
NOLN
Operators Survey
https://www.noln.net/
Annual operators survey provides detailed statistical data for quick lube operations, with employment and wage data provided including average number of employees per store, length of employment for managers and technicians, average minimum wage per hour, average starting wage for technicians, average annual salary for managers and technicians, and companies paying a commission or bonus.
PayScale, Inc.
Automotive Oil Changing & Lubrication
https://www.payscale.com/
Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as operations manager, service center manager, automotive service technician, lube technician, and customer service advisor, with employers for which data is provided including Jiffy Lube International Inc., Heartland Automotive Services Inc., Grease Monkey Holding Corporation, and Valvoline Oil Inc.
BV Guides and Databases
Auto Repair Services
Automobile Dealers
Lubricant Manufacturers
Truck Repair Services
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