Sheet Metal Work Manufacturing Revenue Benchmarks

How much does the average sheet metal work manufacturing business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$7.1M

per year

💰

Profit Margin

10.0%

industry average

📈

Revenue / Employee

$258K

per year

👤

Total Businesses

4,039

in the US

🏢

Est. Owner Income

$714K

small business avg

💵

Labor Cost

22.0%

of revenue

👥

Avg Employee Wage

$66K

per year (BLS)

💼

Market Saturation

1.2

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$487K
5-9 employees
$1.5M
10-19 employees
$3.3M
20-99 employees
$10.5M
100-499 employees
$35.5M
500+ employees
$82.0M

🏆 Highest Revenue States

1.Wisconsin$18.2M avg2.Kentucky$10.3M avg3.New Jersey$9.7M avg4.North Carolina$9.2M avg5.Delaware$9.1M avg6.Minnesota$9.0M avg7.Kansas$9.0M avg8.Indiana$8.6M avg9.Mississippi$8.5M avg10.Nebraska$8.5M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

6.04%

openings/year

Closure Rate

6.03%

closings/year

Net Job Growth

+2.91%

annual

Businesses Closed

678

in 2023

Firm Count Trend

19
20
21
22
23
11,768 firms12,393 firms

💡 Should You Start a Sheet Metal Work Manufacturing Business?

Startup Cost

$50K – $250K

Break-Even

3 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 Sheet Metal Work Manufacturing revenue with other industries:

vs Machinevs Commercialvs Retail