Charter Bus Services – 2023 U.S. Market Research Report

Published: April 2023
Updated Recession Statistics & Forecasts

This 78-page industry market research report is an in-depth analysis of Charter Bus Services in the United States. The market research report utilizes the most extensive set of business surveys as the foundation for over 100 market research data sets with extensive historical data (2014-2022), statistics, trend analysis, and forecasts for 2023 & the next 5 years.

This market research report is utilized by professionals to conduct market analysis, industry research, strategic planning, benchmarking, forecasting, valuations, cost analysis & reduction, workforce optimization, sales & marketing strategies, operational streamlining, financial analysis, opportunity assessments, and other analyses.

The report includes market size, growth, sales & cost trends, industry dynamics, operating cost details, profitability, productivity, 10 financial ratios, 31 balance sheet metrics, extensive statistics by state and Metropolitan Statistical Area (MSAs), workforce breakdown, inflation, payroll and pay range data, product line breakdown, industry data sets segmented by business size, concentration (Top 50 companies), and business structure, and much more. It is also backed by the only 100% MoneyBack Guarantee in the industry.

Charter Bus Services Industry Market Research Report


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Report Format


The 2023 Charter Bus Services Market Research Report is 78 pages of extensive data, trends, forecasts, bencmarks, analysis, and charts on the industry. Below are select page images from the report and scroll further down for the table of contents and a sample of the report. The instant report download is a PDF. If you need the excel data, click here to add that option to your cart and we will send you the excel data within 12 hours of your order.

Charter Bus Services Revenue

Charter Bus Services OPEX Expenses

Charter Bus Services Profit

Charter Bus Services BCG Matrix

Charter Bus Services State Sales

Charter Bus Services Benchmarks


Industry Definition


This industry includes companies primarily engaged in providing buses for charter. These companies provide bus services to meet customers’ road transportation needs and generally do not operate over fixed routes and on regular schedules.

Select Market Research Report Statistics


Below are a few of the statistics included in this extensive 78-page market research report:

MARKET SIZE
In 2022, industry sales were $3.2 billion
Download now for 2014-2022 market size and forecasts for 2023 and the next 5 years

MARKET GROWTH
Over the past 5 years, the annual growth rate was 1.2%
Download the report for more historical, annual and forecasted growth rates

NUMBER OF COMPANIES
There are 1,215 companies in the industry
The report has 2014-2027 stats on the number of companies and locations

REVENUE PER COMPANY
In 2022, the avg. sales per company was $2.6 million
Download now for historical and forecasted revenue per company

INFLATION & PRICING
2021 inflation was 171.8%
This market research report has historical data for 2014-2022, 4 years of monthly data, and 2023 & 5-year forecast

FINANCIAL METRICS
For unprofitable companies, the average net loss is -14.6%
Download now for more profit metrics and financial ratios

EMPLOYEE PRODUCTIVITY
Revenue per Employee is $87,378
Download now for more employee metrics

OPERATING EXPENSE BENCHMARKS
1.4% of expenses is spent on professional and technical services
Download this market research report for 24 other expense categories

PAYROLL BENCHMARKS
In 2022, payroll per employee was $29,104
The report has extensive pay statistics

ORGANIZATIONAL BENCHMARKS
2.9% of employees in management positions
Download for 13 other job category metrics

JOB PAY RANGES
The avg. hourly pay for business & financial ops jobs is $30.42
The report has pay ranges scales (10%, 25%, avg., 75%, 90%) across 14 job categories


Instantly download the 2023 Charter Bus Services U.S. Market Research Report to access over 100 data sets on the industry.


Table of Contents


Below is the table of contents for the 2023 Charter Bus Services Market Research Report.

Page 1-2 – Report Overview & Table of Contents

Page 3 – Industry Overview
– Methodology
– Industry Definition & Examples

Page 4 – Industry Snapshot – Revenue & Growth

Page 5 – Industry Snapshot – Costs & Profitability

Section One
REVENUE & GROWTH BENCHMARKS

Page 7 – Industry Growth Details
– Industry Revenues
– Companies
– Locations
– 2014-2022 Historical Figures
– Forecasts for 2023 and the Next 5 Years

Page 8 – Growth Benchmarks
– Revenues per Company
– Revenues per Location
– Locations per Company
– 2014-2022 Historical Figures
– Forecasts for 2023 and the Next 5 Years

Page 9 – Breakdown of Product Lines
– Percentage of Revenue from Product Lines

Page 10 – BCG Income vs. Revenue Growth Matrix
– Service Subsectors vs. Industry

Page 11 – Total Revenue by Industry Segments
– Concentration (Top 4, next 4, next 12, next 30 largest companies)
– Business Size (1-4 employees, 5-9 employees, 10-19, 20-49, 50-99, 100-249, 250+)
– Business Structure (C-Corporations, S-Corporations, Partnerships, Sole Proprietorships)
– Franchise Segments
– Industry Average

Page 12 – Total Revenue per State
– Revenue per State and State Rankings

Page 13 – Sales per Capita by State
– Sales per Capita and State Rankings

Page 14-17 – Revenue per Metropolitan Statistical Area

Page 18-21 – Revenue per Capita per Metropolitan Statistical Area

Page – 22 Revenue per Company by Industry Segment
– Concentration, Business Size, & Business Structure

Page – 23 Revenue per Location by Industry Segment
– Concentration, Size, Structure, & Franchise

Page – 24 Revenue per Location by State
– Revenue per Location and State Rankings

Page – 25-28 Revenue per Location per MSA

Page – 29 Industry Segmentation by Business Size
– Segments include 1-4 employees, 5-9 employees, 10-19, 20-49, 50-99, 100-249, 250+ employees
– Revenue, Companies, Locations, Employees & Payroll
– Absolute Figures & % of Industry

Page – 30 Industry Consolidation Analysis
– By Business Size Segments
– Revenue, Companies, Locations & Employees
– 2017 vs. 2022 by Business Size

Page – 31 Industry Consolidation Benchmarks
– Revenue per Company, Location & Employee
– 2017 vs. 2022 by Business Size
++++-
Page – 32 Industry Segmentation by Top 50 Companies
– Segments include top 4, next 4, next 12, next 30, and top 50 companies by revenue
– Revenue, Locations, Employees & Payroll
– Absolute Figures & % of Industry

Page – 33 Sector Concentration Benchmarks
– % of Sector Revenue from the Top 50 Companies
– 12 Sectors

Page – 34 Industry Segmentation by Business Structure
– Revenue, Companies, Locations, Employees & Payroll
– Absolute Figures & % of Industry

Page – 35 Pricing & Inflation
– Annual Inflation – Indexed to 2006
– 2014-2022 historicals, 2023 & 5-yr forecasts
– Monthly Inflation Figures for the Past 4 Years

Page – 36 Service Subsector Growth
– Revenue and 5-Year CAGR
– 12 Subsectors

Page – 37 Service Subsector Analysis
– Revenue per Company
– Revenue per Location
– 12 Subsectors

Page – 38 Service Subsector Analysis
– Revenue per Employee
– Payroll per Employee

SECTION TWO
COST & FINANCIAL ANALYSIS

Page – 40 Profitability & Financial Ratio Analysis
– Percent of Companies that are Profitable
– Average Net Income as a Percent of Revenue
– Financial Ratios – 10 ratios, such as Total Asset
Turnover, Assets to Liabilities, Return on
Net Worth, Solvency Ratio

Page – 41 Balance Sheet Benchmarks
– Assets and Liabilities indexed to industry revenue at 100
– Current & Non-Current Assets: Cash, Notes & Accounts Receivable, Allowance for Bad Debts, Inventories, Treasuries & Securities, Other Current Assets, Loans to Shareholders / Mortgage, Other Investments, Depreciable Assets, Accumulated Depreciation, Land, Intangible Assets (Amortizable), Accumulated Amortization, Other Assets

– Short-term, Long-term Liabilities, & Net Worth: Accounts Payable, Mortgages, Notes, Bonds due in less than 1 Yr., Other Current Liabilities, Loans from Shareholders, Mortgages, Notes, Bonds > 1 Yr., Other Liabilities, Capital Stock, Additional Paid-in Capital, Retained Earnings, Cost of Treasury Stock

Page – 42 Operating Expenses
– Industry Operating Expenses
– Industry Revenue vs. Operating Expense Growth
– Operating Expense as a Percent of Revenue
– 2014-2022 Historical Figures
– Forecasts for 2023 and the Next 5 Years

Page 43 – Operating Expenses by Company & Location
– Operating Expenses per Company
– Operating Expenses per Location
– Revenue vs. Expenses Growth per Location
– 2014-2022 Historical Figures
– Forecasts for 2023 and the Next 5 Years

Page – 44 Operating Expense Detail
– Employee Expenses: Annual Payroll, Health Insurance, Defined Benefit Pension Plans, Defined Contribution Plans, Other Fringe Benefits, Contract Labor Costs, Incl. Temporary Help
– Property Expenses: Lease and Rent for Buildings, Offices, Stores, Repairs and Maintenance to Buildings, Purchased Electricity, Purchased Fuels (except motor fuels), Water, Sewer, Refuse, Other Utility Payments
– Equipment Expenses: Expensed Equipment: Lease and Rent for Machinery and Equip., Repairs, Maint. to Machinery and Equip., Depreciation and Amortization Charges, Other Materials, Parts, and Supplies
– IT Expenses: Data Processing & Other Computer Services: Communication Services: Expensed Purchases of Software
– Miscellaneous Expenses: Advertising and Promotional Services, Professional and Technical Services, Taxes and License Fees

Page 45 – Productivity & Industry Employment
– Revenue per Employee
– Total Industry Employees
– Employees per Company
– 2014-2022 Historical Figures
– Forecasts for 2023 and the Next 5 Years

Page – 46 Employee Productivity by Segments
– Revenue per Employee
– Concentration, Business Size, Structure & Franchise

Page – 47 Employee Productivity by State
– Revenue per Employee and State Rankings

Page – 48-51 Employee Productivity per MSA
– Revenue per Employee

Page – 52 Industry Payroll
– Payroll per Employee
– Payroll per Company
– Payroll per Location
– 2014-2022 Historical Figures
– Forecasts for 2023 and the Next 5 Years

Page – 53 Workforce Composition Benchmarks
– 26 Job Categories
– Management & Finance
– Sales & Marketing
– Technology, Engineering, Science
– Service, Support & Training
– Operations
– Percent of Industry Employees

Page – 54 Job Categorization Pay Ranges
– 26 Job Categories
– Management & Finance
– Sales, Service & Marketing
– Operations
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%

– Pay Bands (10%, 25%, Mean, 75%, 90%)

Page – 55 Top 20 Jobs Breakdown
– Percent of Total Employees by Job
– Rank Ordered by Top 20 Job Categories

Page – 56 Pay Ranges of Top 20 Jobs
– Pay Bands (10%, 25%, Mean, 75%, 90%)

Page – 57 Payroll per Company by Segments
– Concentration, Business Size, & Business Structure

Page – 58 Payroll per Location by Segments
– Concentration, Business Size, Structure, & Franchise

Page – 59 Payroll per Employee by Segments
– Concentration, Business Size, Structure, & Franchise

Page – 60 Payroll per Employee by State
– Payroll per Employee
– State Rankings

Page – 61-64 Payroll per Employee per MSA

Page – 65 Employees per Company by Segments
– Concentration, Business Size, & Business Structure

Page – 66 Employees per Company by Segments
– Concentration, Business Size, Structure, & Franchise

Page – 67 Total Employment by State
– Number of Employees and State Rankings

Page – 68 Population to Every Employee by State
– Number of Residents to Industry Employee
– State Rankings

Page – 69-72 Total Employment per MSA

Page – 73 Locations per Company by Segments
– Concentration, Business Size, & Business Structure

Page – 74-77 Locations per MSA

Page – 78 About Kentley Insights


Download a Sample Report


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To understand all of the data sets included in this report here is a full 78 page sample report on a different industry.

Data & Methodology


For this market research report, the core data is sourced from comprehensive business and economic surveys filled out by companies in the Charter Bus Services industry. Our analysts create the forecasts utilizing an econometric model based on historical trends, industry dynamics, and macroeconomic statistics and forecasts.


Key Questions Answered in this Market Research Report


What is the historical and forecasted market size of the Charter Bus Services industry?
This report covers the historical market size of the industry (2014-2022), and forecasts for 2023 and the next 5 years. Market size includes the total revenues of public and private companies.

What is the outlook for the industry?
This report has over a dozen market forecasts (2023 and the next 5 years) on the industry, including total sales, number of companies, inflation, operating expense, and others.

What industry analysis/data exists for the industry?
This report covers over 100+ data sets on the Charter Bus Services industry. Take a look at the table of contents below to see the breadth of analysis and data on the industry.

What is the composition of the Charter Bus Services industry?
This report analyzes the historical and forecasted number of companies, locations, employees, and payroll in the industry, and breaks them down by business size, concentration (Top 50 companies), business structure, state, and MSAs.

What are the financial metrics for the industry?
This report covers many financial metrics for the industry including profitability, growth, opex / revenue, 31 balance sheet items organized by liabilities, assets, and equity, and 10 financial metrics including return on sales, asset turnover, liability ratio, and net worth ratio.

What are the most important benchmarks for the industry?
Some of the most important benchmarks for the industry include sales growth, employee productivity, operating expense breakdown, product line breakdown, span of control, and organizational composition. This report includes all of them and many more.



Product Lines Analyzed


Long-distance passenger transportation by road, except fixed-route
Local passenger transportation by road (except fixed-route)
Local, fixed-route, passenger transportation by road and transit rail
Long-distance, fixed-route passenger transportation by road
Other service revenue, not elsewhere classified
Other road transportation support services

Industry Jobs Analyzed


Passenger Vehicle Drivers
Bus and Truck Mechanics and Diesel Engine Specialists
Laborers and Material Movers
Office Clerks, General
Dispatchers
General and Operations Managers
Miscellaneous Sales Representatives, Services
Secretaries and Administrative Assistants
First-Line Supervisors of Transportation and Material Moving Workers
Reservation and Transportation Ticket Agents and Travel Clerks
Bookkeeping, Accounting, and Auditing Clerks
Customer Service Representatives
First-Line Supervisors of Office and Administrative Support Workers
Accountants and Auditors
Building Cleaning Workers
First-Line Supervisors of Mechanics, Installers, and Repairers
Maintenance and Repair Workers, General
Passenger Attendants
Miscellaneous Installation, Maintenance, and Repair Workers
Chief Executives

States Covered


Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New York
North Carolina
North Dakota
Ohio
Oregon
Pennsylvania
South Carolina
South Dakota
Tennessee
Texas
Utah
Virginia
Washington
West Virginia
Wisconsin

Metropolitan Statistical Areas (MSAs) Covered


Akron, OH
Albany-Schenectady-Troy, NY
Albuquerque, NM
Allentown-Bethlehem-Easton, PA-NJ
Amarillo, TX
Ames, IA
Anchorage, AK
Asheville, NC
Athens-Clarke County, GA
Atlanta-Sandy Springs-Roswell, GA
Atlantic City-Hammonton, NJ
Augusta-Richmond County, GA-SC
Austin-Round Rock, TX
Bakersfield, CA
Baltimore-Columbia-Towson, MD
Baton Rouge, LA
Battle Creek, MI
Bay City, MI
Beaumont-Port Arthur, TX
Bend-Redmond, OR
Binghamton, NY
Birmingham-Hoover, AL
Bloomsburg-Berwick, PA
Boise City, ID
Boston-Cambridge-Newton, MA-NH
Boulder, CO
Bowling Green, KY
Bremerton-Silverdale, WA
Bridgeport-Stamford-Norwalk, CT
Buffalo-Cheektowaga-Niagara Falls, NY
Burlington-South Burlington, VT
California-Lexington Park, MD
Canton-Massillon, OH
Cape Coral-Fort Myers, FL
Carbondale-Marion, IL
Champaign-Urbana, IL
Charleston, WV
Charleston-North Charleston, SC
Charlotte-Concord-Gastonia, NC-SC
Charlottesville, VA
Chattanooga, TN-GA
Cheyenne, WY
Chicago-Naperville-Elgin, IL-IN-WI
Cincinnati, OH-KY-IN
Cleveland, TN
Cleveland-Elyria, OH
Coeur d’Alene, ID
Colorado Springs, CO
Columbia, SC
Columbus, GA-AL
Columbus, OH
Corpus Christi, TX
Cumberland, MD-WV
Dallas-Fort Worth-Arlington, TX
Davenport-Moline-Rock Island, IA-IL
Decatur, AL
Denver-Aurora-Lakewood, CO

Des Moines-West Des Moines, IA
Detroit-Warren-Dearborn, MI
Dothan, AL
Dubuque, IA
Duluth, MN-WI
Durham-Chapel Hill, NC
East Stroudsburg, PA
Eau Claire, WI
El Centro, CA
Elkhart-Goshen, IN
El Paso, TX
Eugene, OR
Evansville, IN-KY
Fargo, ND-MN
Fayetteville, NC
Fayetteville-Springdale-Rogers, AR-MO
Flint, MI
Fond du Lac, WI
Fort Collins, CO
Fort Wayne, IN
Fresno, CA
Gainesville, GA
Gettysburg, PA
Glens Falls, NY
Goldsboro, NC
Grand Forks, ND-MN
Grand Island, NE
Grand Junction, CO
Grand Rapids-Wyoming, MI
Great Falls, MT
Greeley, CO
Green Bay, WI
Greensboro-High Point, NC
Greenville-Anderson-Mauldin, SC
Hagerstown-Martinsburg, MD-WV
Hammond, LA
Harrisburg-Carlisle, PA
Harrisonburg, VA
Hartford-West Hartford-East Hartford, CT
Hattiesburg, MS
Hickory-Lenoir-Morganton, NC
Hot Springs, AR
Houma-Thibodaux, LA
Houston-The Woodlands-Sugar Land, TX
Huntington-Ashland, WV-KY-OH
Huntsville, AL
Idaho Falls, ID
Indianapolis-Carmel-Anderson, IN
Ithaca, NY
Jackson, MS
Jacksonville, FL
Jacksonville, NC
Johnstown, PA
Joplin, MO
Kalamazoo-Portage, MI
Kankakee, IL
Kansas City, MO-KS
Kennewick-Richland, WA
Killeen-Temple, TX
Kingston, NY
Knoxville, TN
La Crosse-Onalaska, WI-MN
Lafayette, LA
Lake Charles, LA
Lake Havasu City-Kingman, AZ
Lakeland-Winter Haven, FL
Lancaster, PA

Laredo, TX
Las Cruces, NM
Las Vegas-Henderson-Paradise, NV
Lawton, OK
Lebanon, PA
Lewiston, ID-WA
Lewiston-Auburn, ME
Lexington-Fayette, KY
Lima, OH
Lincoln, NE
Little Rock-North Little Rock-Conway, AR
Longview, WA
Los Angeles-Long Beach-Anaheim, CA
Louisville/Jefferson County, KY-IN
Lubbock, TX
Lynchburg, VA
Madera, CA
Madison, WI
Manhattan, KS
Mankato-North Mankato, MN
Mansfield, OH
Medford, OR
Memphis, TN-MS-AR
Merced, CA
Miami-Fort Lauderdale-West Palm Beach, FL
Midland, TX
Milwaukee-Waukesha-West Allis, WI
Minneapolis-St. Paul-Bloomington, MN-WI
Missoula, MT
Mobile, AL
Modesto, CA
Monroe, LA
Monroe, MI
Montgomery, AL
Muncie, IN
Napa, CA
Naples-Immokalee-Marco Island, FL
Nashville-Davidson–Murfreesboro–Franklin, TN
New Haven-Milford, CT
New Orleans-Metairie, LA
New York-Newark-Jersey City, NY-NJ-PA
North Port-Sarasota-Bradenton, FL
Ocala, FL
Ocean City, NJ
Oklahoma City, OK
Olympia-Tumwater, WA
Omaha-Council Bluffs, NE-IA
Orlando-Kissimmee-Sanford, FL
Oshkosh-Neenah, WI
Oxnard-Thousand Oaks-Ventura, CA
Palm Bay-Melbourne-Titusville, FL
Panama City, FL
Pensacola-Ferry Pass-Brent, FL
Peoria, IL
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Phoenix-Mesa-Scottsdale, AZ
Pittsburgh, PA
Portland-South Portland, ME
Portland-Vancouver-Hillsboro, OR-WA
Providence-Warwick, RI-MA
Provo-Orem, UT
Racine, WI
Raleigh, NC
Rapid City, SD
Reading, PA
Reno, NV

Richmond, VA
Riverside-San Bernardino-Ontario, CA
Roanoke, VA
Rochester, MN
Rochester, NY
Rockford, IL
Sacramento–Roseville–Arden-Arcade, CA
St. Cloud, MN
St. Joseph, MO-KS
St. Louis, MO-IL
Salinas, CA
Salisbury, MD-DE
Salt Lake City, UT
San Antonio-New Braunfels, TX
San Diego-Carlsbad, CA
San Francisco-Oakland-Hayward, CA
San Jose-Sunnyvale-Santa Clara, CA
San Luis Obispo-Paso Robles-Arroyo Grande, CA
Santa Fe, NM
Santa Maria-Santa Barbara, CA
Santa Rosa, CA
Scranton–Wilkes-Barre–Hazleton, PA
Seattle-Tacoma-Bellevue, WA
Sebastian-Vero Beach, FL
Sebring, FL
Sheboygan, WI
Shreveport-Bossier City, LA
Sioux City, IA-NE-SD
Sioux Falls, SD
South Bend-Mishawaka, IN-MI
Spartanburg, SC
Spokane-Spokane Valley, WA
Springfield, IL
Springfield, MA
State College, PA
Staunton-Waynesboro, VA
Syracuse, NY
Tampa-St. Petersburg-Clearwater, FL
Terre Haute, IN
Toledo, OH
Topeka, KS
Trenton, NJ
Tucson, AZ
Tulsa, OK
Tuscaloosa, AL
Tyler, TX
Urban Honolulu, HI
Utica-Rome, NY
Virginia Beach-Norfolk-Newport News, VA-NC
Visalia-Porterville, CA
Walla Walla, WA
Warner Robins, GA
Washington-Arlington-Alexandria, DC-VA-MD-WV
Waterloo-Cedar Falls, IA
Wausau, WI
Weirton-Steubenville, WV-OH
Wichita, KS
Williamsport, PA
Winston-Salem, NC
Worcester, MA-CT
Yakima, WA
York-Hanover, PA
Youngstown-Warren-Boardman, OH-PA
Yuma, AZ


Report & Industry Details


NAICS Code: 485510

Number of Pages: 78

Format: PDF

Price: $395

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