From The Desk Of
Grant Hormuth, CPA
Atlanta, Georgia
Dear Towing Company Owners,
Would you agree that running a towing business has become increasingly tough in recent years?
I’m sure you’ve felt the pressure…
Balancing the demands of 24/7 operations, managing fluctuating fuel and maintenance costs, chasing down payments from insurance companies, and keeping up with ever-changing local and state regulations can be overwhelming.
As a CPA who specializes in helping towing business owners increase profits and maximize cash flow…
I understand the challenges you face when running your business.
But here's something I've noticed across every owner I work with — they have no real way to know if their numbers are good, bad, or somewhere in between.
Towing has had no published financial benchmarks. Restaurants have margin benchmarks. Trucking has cost-per-mile benchmarks. Auto repair shops have ticket-size benchmarks. Towing has had nothing.
So owners run blind. They don't know if their $/call is industry-leading or industry-low. They don't know if their payroll-to-revenue ratio is sustainable or quietly killing them. They don't know if their trucks are pulling their weight or if half their fleet is bleeding cash.
That's a problem. Because the difference between a top-quartile fleet and a median fleet is roughly $1M in annual profit for a $3M operator — and the levers that close that gap are knowable. They're just invisible without the data.
That's why my team and I built the 2026 Towing Industry Financial Benchmark Report.
We analyzed 24 towing fleets across the U.S. — 442 active trucks, 440,000+ calls, and $106M in combined revenue. Every account type. Every fleet size. Every key financial metric.
And we built a report that tells you, on every single benchmark, where the industry actually sits — and where the top performers are pulling away from the rest.