Number of Passenger Car Rental Businesses in the US (2000–2023)
As of 2023
3,716
passenger car rental businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The passenger car rental industry has declined 16.6% since 2000 (from 4,457 to 3,716 firms).
- •The peak year was 2000 with 4,457 firms.
- •Recent trend (last 5 years): the industry is growing (+8.6%).
- •Employment: 175,393 workers in 2023 (-2.4% change since 2000).
- •Estimated 5-year survival rate: 77%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 3,716 | 15,666 | 175,393 | 6.0% | 5.0% | +5.5% |
| 2022 | 3,601 | 15,527 | 165,903 | 12.2% | 7.1% | +15.5% |
| 2021 | 3,407 | 14,664 | 142,392 | 6.9% | 11.1% | -21.8% |
| 2020 | 3,399 | 15,265 | 175,605 | 5.3% | 6.7% | -0.8% |
| 2019 | 3,422 | 15,486 | 177,623 | 7.8% | 7.9% | +2.7% |
| 2018 | 3,371 | 15,505 | 172,325 | 6.5% | 5.9% | +6.9% |
| 2017 | 3,405 | 15,517 | 162,377 | 7.1% | 6.5% | -2.0% |
| 2016 | 3,520 | 15,491 | 168,867 | 9.9% | 7.6% | +1.7% |
| 2015 | 3,514 | 15,097 | 166,147 | 10.2% | 5.9% | +12.0% |
| 2014 | 3,474 | 14,471 | 147,183 | 18.3% | 10.3% | +2.4% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.