Machine Tool Manufacturing Revenue Benchmarks

How much does the average machine tool manufacturing business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$7.3M

per year

💰

Profit Margin

10.0%

industry average

📈

Revenue / Employee

$310K

per year

👤

Total Businesses

1,180

in the US

🏢

Est. Owner Income

$732K

small business avg

💵

Labor Cost

22.0%

of revenue

👥

Avg Employee Wage

$75K

per year (BLS)

💼

Market Saturation

0.4

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$513K
5-9 employees
$1.7M
10-19 employees
$3.7M
20-99 employees
$10.8M
100-499 employees
$38.0M
500+ employees
$77.7M

🏆 Highest Revenue States

1.Kansas$19.8M avg2.Washington$18.6M avg3.Ohio$15.6M avg4.Kentucky$15.6M avg5.Virginia$15.2M avg6.Connecticut$12.9M avg7.New York$10.7M avg8.Maryland$10.3M avg9.Missouri$9.3M avg10.New Hampshire$8.7M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

3.4%

openings/year

Closure Rate

5.76%

closings/year

Net Job Growth

-0.19%

annual

Businesses Closed

276

in 2023

Firm Count Trend

19
20
21
22
23
5,800 firms5,234 firms

💡 Should You Start a Machine Tool Manufacturing Business?

Startup Cost

$50K – $250K

Break-Even

2 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 Machine Tool Manufacturing revenue with other industries:

vs Machinevs Commercialvs Retail