Fabricated Pipe and Pipe Fitting Manufacturing Revenue Benchmarks

The average fabricated pipe and pipe fitting manufacturing business in the United States generates $10.8M in annual revenue, according to the U.S. Census Bureau Statistics of U.S. Businesses (SUSB 2021). There are 627 fabricated pipe and pipe fitting manufacturing businesses in the U.S., employing 24,635 workers with an average profit margin of 10.0%. The average employee in this industry earns $73K per year (Bureau of Labor Statistics QCEW 2023).

What Does a Fabricated Pipe and Pipe Fitting Manufacturing Business Actually Do?

Fabricated Pipe and Pipe Fitting Manufacturing: Businesses that transform raw materials or components into finished products.

Who buys: Wholesalers, retailers, other manufacturers, and government.

Sector-level description — a more specific write-up is available for high-traffic industries.

Average Revenue

$10.8M

per year

Profit Margin

10.0%

industry average

Revenue / Employee

$276K

per year

Total Businesses

627

in the US

Est. Owner Income

$1.1M

small business avg

Labor Cost

22.0%

of revenue

Avg Employee Wage

$73K

per year (BLS)

Market Saturation

0.2

firms per 100K people

How Much Do Fabricated Pipe and Pipe Fitting Manufacturing Charge?

Fabricated Pipe and Pipe Fitting Manufacturing: Manufacturers sell in bulk to wholesalers, distributors, or direct to businesses. Pricing is negotiated by SKU volume. The specifics vary within the fabricated pipe and pipe fitting manufacturing category — the ranges below are typical for the sector.

ServiceTypical range
Contract manufacturing markup
15–35% over materials + labor
Own-brand product margin
25–60% gross margin
Custom / low-volume run
40–150% over direct costs

Sector-typical ranges — individual services within this industry may fall higher or lower.

Complete fabricated pipe and pipe fitting manufacturing business plan

A 12-section data-backed business plan for a fabricated pipe and pipe fitting manufacturing business — executive summary, market analysis, competitive landscape, revenue model, 3-year financial projections, operations, marketing, staffing, funding request. Pre-populated with real Census, IRS, and BLS data on this industry. Free to view.

View the plan

Cost Structure — Where Every $100 in Revenue Goes

Approximate P&L breakdown for the fabricated pipe and pipe fitting manufacturing industry. Labor share and net profit are grounded in Census SUSB and IRS SOI data. Other lines are split using sector-typical ratios.

48%
22%
12%
10%
CategoryPer $100 revenue
Raw materials & components
$48
Wages & benefits
$22
Rent & facilities
$5
Marketing & advertising
$3
Other operating costs
$12
Net profit
$10

Directionally accurate for a typical business in the industry. Individual businesses vary widely — a franchise may run a very different cost mix from an independent, and older established businesses often have lower labor share than newer ones.

Average Revenue by Business Size

1-4 employees
$597K
5-9 employees
$1.6M
10-19 employees
$3.5M
20-99 employees
$11.9M
100-499 employees
$30.4M
500+ employees
$55.4M

Industry Dynamics (Census BDS 2023)

New Business Rate

7.52%

openings/year

Closure Rate

6.38%

closings/year

Net Job Growth

+2.22%

annual

Businesses Closed

310

in 2023

Firm Count Trend

19
20
21
22
23
5,277 firms5,286 firms

Should You Start a Fabricated Pipe and Pipe Fitting Manufacturing Business?

Startup Cost

$50K$250K

Break-Even

2 months

5-Year Survival Rate

50.0%

Frequently Asked Questions

What does a fabricated pipe and pipe fitting manufacturing business do?
Fabricated Pipe and Pipe Fitting Manufacturing: Businesses that transform raw materials or components into finished products. Wholesalers, retailers, other manufacturers, and government.
How much do fabricated pipe and pipe fitting manufacturing charge?
Fabricated Pipe and Pipe Fitting Manufacturing: Manufacturers sell in bulk to wholesalers, distributors, or direct to businesses. Pricing is negotiated by SKU volume. The specifics vary within the fabricated pipe and pipe fitting manufacturing category — the ranges below are typical for the sector. See the pricing table above for typical rates by service type.
How much does the average fabricated pipe and pipe fitting manufacturing make per year?
The average fabricated pipe and pipe fitting manufacturing business generates $10.8M in annual revenue, based on U.S. Census Bureau data (SUSB 2021). After expenses, the estimated owner profit is $1.1M per year at a 10.0% profit margin.
How many fabricated pipe and pipe fitting manufacturing businesses are there in the US?
There are 627 fabricated pipe and pipe fitting manufacturing businesses operating in the United States, employing a total of 24,635 workers.
How much does it cost to start a fabricated pipe and pipe fitting manufacturing business?
Startup costs for a fabricated pipe and pipe fitting manufacturing business typically range from $50K to $250K, with a 5-year survival rate of 50.0%.
What is the average salary in the fabricated pipe and pipe fitting manufacturing industry?
The average employee in the fabricated pipe and pipe fitting manufacturing industry earns $73K per year, according to Bureau of Labor Statistics data (QCEW 2023).

Industry Growth & Survival

72%
Est. 5-year survival rate
+2.2%
Net job growth rate
5,286
Total firms (2023)

The fabricated pipe and pipe fitting manufacturing industry is actively growing — adding jobs at a net rate of 2.2% per year. New establishments are opening faster than existing ones close (7.5% entry vs 6.4% exit), indicating healthy demand.

Approximately 72% of fabricated pipe and pipe fitting manufacturing businesses survive their first 5 years. This is above the national average (~50%), making it a relatively safe industry to enter. In 2023, 310 firms in this industry closed permanently.

Employment & Wages

$73,347
Avg annual pay
964
Establishments
31,871
Total employees
33
Avg employees/business

The average employee in the fabricated pipe and pipe fitting manufacturing industry earns $73,347/year. This is significantly above the national average of ~$65K, reflecting the skilled nature of this work. With 964 establishments employing 31,871 people, the typical business has about 33 employees.

Industry Trend (2000–2023)

5K5K6K6K6K20002005201020152020Number of Firms

The fabricated pipe and pipe fitting manufacturing industry has declined 9% since 2000 (from 5,791 to 5,286 firms).

See full historical statistics →

Compare Fabricated Pipe and Pipe Fitting Manufacturing revenue with other industries: