Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing Revenue Benchmarks

How much does the average air-conditioning and warm air heating equipment and commercial and industrial refrigeration equipment manufacturing business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$36.9M

per year

💰

Profit Margin

10.0%

industry average

📈

Revenue / Employee

$274K

per year

👤

Total Businesses

668

in the US

🏢

Est. Owner Income

$3.7M

small business avg

💵

Labor Cost

22.0%

of revenue

👥

Avg Employee Wage

$70K

per year (BLS)

💼

Market Saturation

0.2

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$472K
5-9 employees
$1.6M
10-19 employees
$3.5M
20-99 employees
$12.2M
100-499 employees
$42.7M
500+ employees
$279.3M

🏆 Highest Revenue States

1.Tennessee$95.8M avg2.Oklahoma$89.9M avg3.Missouri$88.2M avg4.Mississippi$75.5M avg5.Arkansas$61.3M avg6.Kansas$55.2M avg7.Indiana$50.9M avg8.Ohio$48.1M avg9.Iowa$47.8M avg10.Georgia$45.1M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

5.5%

openings/year

Closure Rate

5.69%

closings/year

Net Job Growth

+0.21%

annual

Businesses Closed

73

in 2023

Firm Count Trend

19
20
21
22
23
1,341 firms1,260 firms

💡 Should You Start a Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing Business?

Startup Cost

$50K – $250K

Break-Even

0 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Machine Shops$3.2MCommercial Printing (except Screen and Books)$5.8MRetail Bakeries$1.8MWood Kitchen Cabinet and Countertop Manufacturing$3.3MSign Manufacturing$2.9M

Compare Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing revenue with other industries:

vs Machinevs Commercialvs Retail