Conveyor and Conveying Equipment Manufacturing Revenue Benchmarks

How much does the average conveyor and conveying equipment manufacturing business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$20.0M

per year

💰

Profit Margin

10.0%

industry average

📈

Revenue / Employee

$323K

per year

👤

Total Businesses

651

in the US

🏢

Est. Owner Income

$2.0M

small business avg

💵

Labor Cost

22.0%

of revenue

👥

Avg Employee Wage

$80K

per year (BLS)

💼

Market Saturation

0.2

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$687K
5-9 employees
$1.7M
10-19 employees
$4.4M
20-99 employees
$12.8M
100-499 employees
$51.4M
500+ employees
$136.4M

🏆 Highest Revenue States

1.Arkansas$52.1M avg2.New Jersey$35.9M avg3.Michigan$35.4M avg4.Missouri$30.6M avg5.Kentucky$29.4M avg6.Colorado$28.8M avg7.West Virginia$27.3M avg8.Connecticut$22.9M avg9.Iowa$20.8M avg10.Georgia$20.4M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

5.91%

openings/year

Closure Rate

4.75%

closings/year

Net Job Growth

+3.75%

annual

Businesses Closed

208

in 2023

Firm Count Trend

19
20
21
22
23
4,939 firms4,785 firms

💡 Should You Start a Conveyor and Conveying Equipment Manufacturing Business?

Startup Cost

$50K – $250K

Break-Even

1 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 Conveyor and Conveying Equipment Manufacturing revenue with other industries:

vs Machinevs Commercialvs Retail