Commercial & Industrial Machinery & Equipment Rental & Leasing Industry - Market Research Report
Industry Overview
This industry group comprises establishments primarily engaged in renting or leasing commercial-type and industrial-type machinery and equipment. Establishments included in this industry group are generally involved in providing capital or investment-type equipment that clients use in their business operations. These establishments typically cater to a business clientele and do not generally operate a retail-like or storefront facility.
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Commercial and Industrial Machinery and Equipment Rental and Leasing industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Commercial & Industrial Machinery & Equipment Rental & Leasing companies in the United States.
Commercial & Industrial Machinery & Equipment Rental & Leasing Revenue by State
Distribution by Company Size
| Company Size | All Industries | Commercial & Industrial Machinery & Equipment Rental & Leasing |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Commercial & Industrial Machinery & Equipment Rental & Leasing Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Commercial & Industrial Machinery & Equipment Rental & Leasing industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total | Included |
| Rental and leasing of other com & industrial equip (w/o operators) |
| Rental & leasing of const, mng, & forestry mach & equip (w/o op) |
| Rental and leasing of other industrial and commercial equip, nec |
| Rental and leasing of trans equip, except road veh (w/o operators) |
| Rental and leasing of air transportation equipment |
| Rental and leasing of medical equipment |
| Rental and leasing of audio/visual equipment |
| Rental and leasing of rail transportation equipment |
| Rental and leasing of office machinery, furniture, and equipment |
Salary information for employees working in the Commercial & Industrial Machinery & Equipment Rental & Leasing industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 5% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 3% |
| Sales and Related Occupations | 32% |
| Retail Sales Workers | 22% |
| Counter and Rental Clerks and Parts Salespersons | 20% |
| Counter and Rental Clerks | 20% |
| Office and Administrative Support Occupations | 15% |
| Information and Record Clerks | 5% |
| Installation, Maintenance, and Repair Occupations | 13% |
| Vehicle and Mobile Equipment Mechanics, Installers, and Repairers | 7% |
| Transportation and Material Moving Occupations | 24% |
| Motor Vehicle Operators | 12% |
| Driver/Sales Workers and Truck Drivers | 8% |
| Light Truck or Delivery Services Drivers | 5% |
| Material Moving Workers | 10% |
| Laborers and Material Movers, Hand | 9% |
| Laborers and Freight, Stock, and Material Movers, Hand | 5% |
Government Contracts
The federal government spent an annual total of
$635,975,821 on the commercial & industrial machinery & equipment rental & leasing industry. It has awarded 8,159 contracts to 1,277 companies, with an average value of $498,023 per company.
Top Companies in Commercial & Industrial Machinery & Equipment Rental & Leasing and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
