Valuation Resources

Tow Truck and Towing Services

SIC 7549 | NAICS 488410


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:.

For guides to other industries, see our index of over 400 industries.
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Industry Analysis, Trends, Statistics, and Forecasts

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

Comprehensive research reports provide in-depth industry analysis and five-year growth 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:

  • Market size, product segments, and major markets
  • Key statistics, market trends, and external drivers
  • Operating conditions and current performance
  • Competitive landscape and environment
  • Major company profiles and market shares
  • Five-year outlook and revenue forecast

American Towman Media, Inc.
Tow Industry Week / American Towman Magazine
http://www.towindustryweek.com/ / digital-magazine

Online news source and monthly trade magazine feature news and information for towing business owners and operators, with topics covered in each issue including management best practices, tow truck operations and maintenance, safety issues and products, new products, tools, and equipment, and trade show and convention coverage. Digital edition of the magazine can be viewed free online.


T.T. Publications, Inc.
Tow Times Magazine
https://towtimes.com/ / digital-edition

Monthly trade magazine features news and information for towing company owners and managers, with topics addressed in various issues including tow truck operations, equipment and accessories, equipment financing options, business insurance, and legal issues. Digital editions of the magazine can be viewed free online, with free e-mail subscription to the digital edition available upon request.


Over The Mountain Media, Inc.
Tow Professional Magazine
http://towprofessional.com/

Monthly trade publication features news and information for towing and recovery professionals, with topics covered in various issues including industry news, business management, product spotlights, company profiles, equipment leasing and financing, insurance, and software and technology. Digital edition of the magazine is available free online, with free subscription available to qualifying parties.


SpecialtyTransportation.net
Vocational Truck/Body Industry in North America: Wreckers & Carriers
https://www.specialtyresearch.net/

Market research report provides a detailed analysis of the market for wreckers and rollback carriers (flatbed tow trucks), with information provided in the study including market size in units and dollars, market share by product type and class, market dynamics and demand factors, and market outlook and forecasts. Summary report description and detailed table of contents can be viewed free online.


TMR Research
Global Tow Vehicle Market
https://www.transparencymarketresearch.com/

Comprehensive report provides in-depth analysis of the tow vehicle market in the U.S. and selected other countries, with topics addressed in this report including market size, market segments, supply and demand, market trends and dynamics, technological breakthroughs, and competitive landscape. Summary report description can be viewed free online, with table of contents available upon request.


More Resources »
Financial Statements and Financial Ratios

BizMiner
Industry Financial Ratios
Motor Vehicle Towing Services
https://www.bizminer.com  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 including:

  • 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
Vehicle Towing Services
(see links for individual reports)

Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of annual net revenues for companies that provide towing and recovery services for light, medium, and heavy-duty motor vehicles on a local or long-distance basis and may also provide roadside assistance services for motorists and storage services for wrecked or impounded vehicles.


More Resources »
Compensation and Salary Surveys

PayScale, Inc.
Motor Vehicle Towing
https://www.payscale.com/

Free online service provides median salary, bonus, and hourly wage data for various job positions in this service sector such as general manager, operations manager, safety manager, fleet dispatcher, tow truck driver, diesel mechanic, office manager, and bookkeeper, with employers for which salary or hourly wage data is provided including United Road Towing, Inc. and ASAP Towing & Storage, Inc.


U.S. Bureau of Labor Statistics
Support Activities for Road Transportation
https://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for job occupations in this road transportation sector, which includes companies that provide towing and recovery services for motor vehicles on a local and/or long-distance basis and may also provide roadside assistance services for motorists and storage services for wrecked or impounded vehicles.


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Business Valuation Resources

Business Valuation Resources, LLC
DealStats® - Private and Public Company Transaction Data
https://www.bvresources.com/  Select "Guest Search" to view data by industry

Interactive database provides detailed transaction data for over 38,000 private and public companies sold for prices ranging from under $250,000 to over $500,000,000, with valuation measures provided including market value of invested capital as a multiple of revenue, gross profit, EBIT, EBITDA, SDE, and book value of invested capital. User guide, free webinar, and sample reports are available online.


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Related Industries:
Auto Body Shops
Auto Repair Services
Automobile Dealers
Truck Repair Services

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