1.
Total Profit for 2024: $182.7B
Portfolio Management industry operators manage asset portfolios for a fee or commission. In the last five years, the industry has experienced countervailing trends. For the majority of the period, rising assets under management (AUM) as a result of rising asset prices and growing disposable income have increased the base of assets industry operators charge fees on. Increased investor preference for passive asset management, including through exchange-traded funds (ETFs), has driven expenses charged for the management of assets down during the period.
Financial markets play an integral role in AUM growth and, consequently, base and performance fees earned by managers. Growth in... Learn More
2.
Total Profit for 2024: $152.6B
The industry consists of funds that raise capital to invest in various asset classes. Industry assets have become increasingly integral to institutional investors' portfolios and the larger asset-management market in recent years. Institutional investors are individuals or organizations that trade securities in such substantial volumes that they qualify for lower commissions and fewer protective regulations, since it's assumed that they're knowledgeable enough to protect themselves. Increasing demand from institutional investors has contributed to the surge in the industry's assets under management (AUM) and revenue during the current period.
See AlsoHow to Figure Out How Much to Sell for Based on Profit MarginBlogHow much is your business worth?How To Calculate a Business Valuation: 3 Common Ways (2024) - ShopifyIn recent years, the industry has continued to enmesh itself more deeply within... Learn More
3. Commercial Leasing in the US
Total Profit for 2024: $131.7B
Operators in the Commercial Leasing industry serve as lessors of buildings for nonresidential purposes. Industry participants include owner-lessors of nonresidential buildings, establishments that rent real estate and then act as lessors in subleasing it, and establishments that provide full-service office space. Over the five years to 2023, rising per capita disposable income encouraged more businesses to enter the market. Moreover, incumbent businesses are inclined to increase their production and inventory levels to tap into the growing consumer demand, thus demanding more space. However, declining corporate profit in 2020 partially dampened demand for commercial leasing due to lower confidence in their... Learn More
4. Apartment Rental in the US
Total Profit for 2024: $94.0B
Apartment lessors provide housing to renters either in a property that they own or in a property that they rent themselves. Lessors have enjoyed a period of success recently, although the pandemic and general economic shifts have disrupted the industry and slowed growth. The economic recession brought on by the pandemic resulted in falling rent prices in line with rising unemployment. Also, those that could afford to largely chose to leave cities as the pandemic incentivized people to focus on their living situations. According to the Apartment List National Rent Report, rent prices shot up following the end of pandemic-related... Learn More
5.
Total Profit for 2024: $91.1B
Strong returns in various financial markets and increased trading volumes have benefited businesses in the industry. Companies provide underwriting, brokering and market-making services for a range of financial instruments, including bonds, stocks and derivatives. Businesses benefited from improving macroeconomic conditions and interest rates remaining below historical averages. Overall, industry revenue has been growing at a CAGR of 11.5% over the past five years and is expected to total $492.1 billion in 2023, when revenue will jump by an estimated 22.3%.
While many industries struggled in 2020 as a result of COVID-19, businesses benefited from the volatility caused by the pandemic. Primarily,... Learn More
6. Credit Card Issuing in the US
Total Profit for 2024: $66.5B
The Credit Card Issuing industry in the US provides transaction and credit services to consumers and businesses by issuing credit cards with available credit lines that must be repaid in full to the issuer, often in installments. Commercial banks are excluded from this industry since credit card issuance is not a primary business activity. Industry operators generate revenue from cardholders primarily through fees and interest earned on revolving credit. Companies compete by offering customers lower interest rates, flexible and secure payment options and rewards programs based on spending levels.
Industry revenue is set to increase an annualized 1.6% over the years... Learn More
7.
Total Profit for 2024: $53.8B
The Auto Leasing, Loans and Sales Financing industry includes establishments that provide sales financing or leasing in combination with sales financing for automobiles. To start the period, increased consumer spending drove demand for industry services, while a rising prime rate drove up the cost of (and therefore revenue generated by) industry services, resulting in revenue growth. The industry saw negative revenue growth in 2020 as it faced depressed consumer demand and a lower prime rate due to the pandemic. The industry returned to growth in 2021 as consumer spending rebounded, as well as in 2022 as the prime rate has... Learn More
8. Medical Group Practice Management in the US
Total Profit for 2024: $51.7B
Medical group practice management has expanded as more physicians integrate into more extensive multispecialty networks. Burdened by medical school debt and seeking regular hours, more young physicians opt out of private practices, joining health systems or medical groups instead. Joining larger practices like medical groups offer several advantages. Consolidated systems have the power to improve patient outcomes, create efficiencies and secure higher prices in payer-provider negotiations. An increasing concentration of healthcare providers nationwide has expanded revenue at a CAGR of 2.5% to an estimated $461.7 billion over the past five years. As health expenditure steadies, revenue growth will slow to... Learn More
9. Specialist Doctors in the US
Total Profit for 2024: $48.0B
Specialist doctors are physicians whose practice is limited to a particular branch of medicine or surgery. Overall, specialty practices have benefited from rising total health expenditure, increased demand from an aging population and improving access to health insurance due to recent reforms. Industry operators had to cancel or delay elective procedures due to the COVID-19 pandemic, which tend to account for the bulk of revenue. Due to the specialized nature of industry services, it has been more difficult for industry operators to adopt telehealth in comparison to primary care doctors. As the economy moved beyond the COVID-19 pandemic, industry revenue... Learn More
10.
Total Profit for 2024: $45.8B
Real estate salespeople and brokers sell, buy or rent real estate for others. The industry is closely aligned with the health of the residential and commercial real estate markets in the United States. Revenue is directly correlated with property prices and real estate transaction volumes, and agents are paid completely on a commission basis, receiving a fee only when they close a deal. Also, the residential market accounts for most of revenue, making the real estate sales sensitive to fluctuations in housing prices and existing home sales.
Through the end of 2023, real estate sales have seen growth in line with... Learn More
