Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing Revenue Benchmarks

How much does the average construction, mining, and forestry machinery and equipment rental and leasing business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$7.9M

per year

💰

Profit Margin

20.0%

industry average

📈

Revenue / Employee

$326K

per year

👤

Total Businesses

2,609

in the US

🏢

Est. Owner Income

$1.6M

small business avg

💵

Labor Cost

25.0%

of revenue

👥

Avg Employee Wage

$95K

per year (BLS)

💼

Market Saturation

0.8

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$476K
5-9 employees
$1.7M
10-19 employees
$3.5M
20-99 employees
$11.6M
100-499 employees
$35.0M
500+ employees
$145.3M

🏆 Highest Revenue States

1.Indiana$13.1M avg2.Kentucky$10.7M avg3.Maryland$9.8M avg4.Florida$9.5M avg5.Nevada$9.1M avg6.Texas$9.0M avg7.North Carolina$8.8M avg8.Georgia$8.7M avg9.Michigan$8.5M avg10.South Carolina$8.4M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

11.19%

openings/year

Closure Rate

5.81%

closings/year

Net Job Growth

+9.34%

annual

Businesses Closed

578

in 2023

Firm Count Trend

19
20
21
22
23
7,480 firms7,495 firms

💡 Should You Start a Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing Business?

Startup Cost

$50K – $250K

Break-Even

1 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Offices of Real Estate Agents and Brokers$880KLessors of Residential Buildings and Dwellings$1.2MResidential Property Managers$2.6MLessors of Nonresidential Buildings (except Miniwarehouses)$1.7MOther Activities Related to Real Estate$1.4M

Compare Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing revenue with other industries:

vs Officesvs Lessorsvs Residential