Farm Machinery and Equipment Manufacturing in Iowa
Revenue benchmarks for farm machinery and equipment manufacturing businesses operating in Iowa.
#1 of 50 states+171.0% vs national avg
Average Revenue
$51.6M
per year
Businesses
83
in Iowa
Revenue / Employee
$368K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
2.6
firms per 100K in IA
Total Revenue
$4.3B
all firms in IA
Total Employees
11,649
in IA
How Iowa Compares
National Average$19.1M
Iowa$51.6M
Difference+$32.6M (+171.0%)