Thailand Transportation vs Administrative Support Revenue 2026
In short
Thailand's transportation and storage companies average 42.91 million baht in yearly revenue per firm, 2.57 times the 16.69 million baht that administrative and support companies average. Return on equity tells a sharper story. Transportation earns 11.02 percent against administrative and support's 4.85 percent, more than double. Administrative and support fields more companies, 100,691 against transportation's 85,273, yet it converts barely half of transportation's total revenue into national output.
How do transportation and administrative support really compare?
Rank Thailand's industry sections by revenue per firm and transportation and storage sits well above administrative and support, despite both being classic enabling services that other businesses lean on rather than end consumers. A transportation and storage company averages 42.91 million baht in yearly revenue, 2.57 times the 16.69 million baht an administrative and support company averages. The return gap is even sharper. Transportation earns an 11.02 percent return on equity, more than double administrative and support's 4.85 percent. Net margin tells a smaller story, 6.27 percent against 4.32 percent, so most of the gap comes from how much capital each sector puts to work, not just pricing power.
Average revenue per registered firm
- Transportation and storage43
- Administrative and support17
Figures in million baht per firm.
Transportation and storage converts scale into revenue at a rate administrative and support cannot match.
Transportation and storage versus administrative and support, by the numbers
| Metric | Transportation and storage | Administrative and support |
|---|---|---|
| Registered companies | 85,273 | 100,691 |
| Companies with a filed statement | 51,454 | 68,266 |
| Total revenue, billion baht | 2,153.96 | 1,107.89 |
| Average revenue per firm, baht | 42,905,892 | 16,692,370 |
| Total net profit, billion baht | 135.01 | 47.90 |
| Average net profit per firm, baht | 2,625,960 | 702,231 |
| Net margin | 6.27% | 4.32% |
| Return on equity | 11.02% | 4.85% |
| Return on assets | 4.55% | 1.92% |
| Largest company by revenue | Thai Airways International Public Company Limited | True Move H Universal Communication Co., Ltd. |
Section-level aggregates from the DBD registry, as of 7 Jul 2026.
Why the gap matters
Both sectors are what economists call enabling services, businesses that keep other businesses running rather than sell straight to a household. Thailand leans on transportation and storage more than the company count suggests, since the sector's total revenue of 2.15 trillion baht outweighs administrative and support's 1.11 trillion baht even though administrative and support fields 15,418 more registered companies. National logistics costs ran at 13.5 percent of GDP in 2024, and the government still wants that cut toward 11 percent by 2026, so a sector this large in revenue terms is also a live policy target (NESDC, 2025). Administrative and support looks different up close. It fields more firms, thinner margins, and a lower return on every baht of equity behind it, a structure closer to Thailand's wholesale and retail trade than to logistics.
Definitions
- Net margin
- Aggregate net profit as a share of aggregate revenue for a section. A margin of six percent means six satang of profit for every baht of revenue across all companies in that section.
- Return on equity
- Aggregate net profit divided by aggregate shareholder equity for a section, often abbreviated ROE, showing how much profit each baht of owner capital generates.
- Return on assets
- Aggregate net profit divided by aggregate total assets for a section, often abbreviated ROA, showing how efficiently a section turns everything it owns into profit.
- TSIC section
- One of the 21 lettered top-level categories in the Thailand Standard Industrial Classification. Transportation and storage is section H and administrative and support services is section N.
- Average revenue per firm
- Total section revenue divided by the number of companies in that section with a filed financial statement, not by every registered company.
Assumptions
- Average revenue and average net profit per firm are based only on companies that filed a financial statement, 51,454 of 85,273 registered companies in transportation and storage and 68,266 of 100,691 in administrative and support.
- Return on equity and return on assets are aggregate section ratios, not the average of each company's own ratio, so a small number of very large or very small firms can pull the section figure.
- Both sections bundle a wide range of business types. Transportation and storage spans airlines, ports, warehousing and courier firms. Administrative and support spans staffing agencies, cleaning services, security firms and call centers.
Methodology
Figures are aggregate totals and per-firm averages for TSIC section H, transportation and storage, and section N, administrative and support services, drawn from the DBD registry as of 7 July 2026. Average revenue and average net profit per firm are computed by the source aggregate table from companies that filed a financial statement, not from every registered company in the section. Net margin, return on equity and return on assets are aggregate section-wide ratios, meaning total profit divided by total revenue, assets or equity across the section, not an average of each company's own ratio.
How we verified this
- 42,905,892 baht divided by 16,692,370 baht equals 2.57, confirming transportation's average revenue per firm runs 2.57 times administrative and support's.
- 11.02 percent divided by 4.85 percent equals 2.27, confirming transportation's return on equity is more than double administrative and support's.
- 6.27 percent divided by 4.32 percent equals 1.45, a narrower gap than the revenue and return on equity ratios, showing the difference is driven more by capital intensity than pricing.
- 2,625,960 baht divided by 702,231 baht equals 3.74, the widest of the ratios compared, so the average profit gap per firm exceeds the average revenue gap.
- 85,273 transportation and storage companies and 100,691 administrative and support companies were pulled independently from the section aggregate table, and 100,691 minus 85,273 equals 15,418, the extra company count cited in the closing section.
References
- Department of Business Development. (2026). Registered juristic persons and financial statement aggregates. Ministry of Commerce, Thailand. https://www.dbd.go.th/
- National Economic and Social Development Council. (2025). Thailand's logistics report 2024. Office of the Prime Minister, Thailand. https://www.nesdc.go.th/wordpress/wp-content/uploads/2025/09/logistics-2567-Full-Report-ENG-F.pdf
Frequently asked questions
Which sector earns more revenue per company, transportation or administrative support?
Transportation and storage. Its average revenue per firm runs 42.91 million baht against 16.69 million baht for administrative and support, a ratio of 2.57 times.
Why does administrative and support have more registered companies but less total revenue?
Administrative and support has 100,691 registered companies against transportation's 85,273, but its total revenue of 1.11 trillion baht is roughly half of transportation's 2.15 trillion baht. The sector is built from many staffing, cleaning and security firms that each generate far less revenue than a single airline or logistics operator.
How much more profitable is transportation and storage than administrative and support?
Transportation and storage returns 11.02 percent on equity against 4.85 percent for administrative and support, and its net margin of 6.27 percent beats administrative and support's 4.32 percent.
Cite this page
Chatpong L. (2026). Thailand Transportation vs Administrative Support Revenue 2026. Max Data Insights. https://maxdatathailand.com/insights/thailands-logistics-sector-vs-administrative-support-2026
Data & corrections
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Written by
Chatpong L.Founder, Max Data, Max Solutions Co., Ltd.
Chatpong L. leads Max Data, a company-intelligence platform built on Thailand's official business registry. He writes about the structure of the Thai economy using primary registry data. His work covers company formation, industry concentration, and regional business activity.
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This page reports company-level and aggregate statistics only. It names no individuals and makes no claims about any person. Figures are provided for information and may be revised as source data updates.