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|Current State of the Industry|
|Market Size (industry trends)|
|Market Forecast (5-year projection)|
|Revenue per State|
|Salary & Compensation Statistics|
|Public Company Information|
|Key Private Companies|
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2018 Market Research Report on Iron Foundries Industry
[Published: Nov 2017]
Current Research on the Iron Foundries IndustryThis section provides answers to fundamental and critical questions about the industry:
- What is the total market size ($ millions)?
- What is the Iron Foundries industry outlook?
- Has the market grown or declined?
- What is the market growth rate?
- Are long term forecasts positive or negative?
- What is the industry size and average company size?
- How many companies are in the industry?
Market Size & Industry StatisticsThe total U.S. market size for the Iron Foundries industry: statistics cover all companies, both public and private. In addition to total revenue, the industry research provides details on employees, companies, and average firm size in the sector. Use this market information to research and analyze growth rates and the Iron Foundries industry trends and market outlook based on quantitative research and economic data.
|Statistics||2012 2013 2014 2015 2016 2017|
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|Average Revenue Per Firm|
|Average Employees Per Firm|
Market Forecast - Iron Foundries[PREMIUM]Market forecasts show the long term industry outlook & Iron Foundries future growth trends. The following five-year forecast utilizes advanced economics and statistics to project both short-term and long-term market growth and outlook. The industry outlook can be used to set a strategy applicable to economic realities.
|Forecast / Industry Outlook||2017||2018||2019||2020||2021||2022|
|Market Forecast ($ millions)|
|Projected Industry Growth Rate (%)|
Product & Services BreakdownResearch products and services in the Iron Foundries industry generating sales. Note that products are broken into categories with different levels of classification.
|Product Description||Sales ($ millions)||Percent of Total Sales|
Other Ductile Iron Castings
Other Gray Iron Castings
Standard Malleable Iron Castings
Iron Foundries, Not Categorized, Total
Total Miscellaneous Receipts
Resales - Sales Of Products Bought And Sold Without Further Manufacture, Processing, Or Assembly
Miscellaneous Receipts, Including Receipts For Repair Work, Sales Of Scrap And Refuse.
U.S. Geographic Distribution: Revenue Statistics by StateMarket Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower market share than average.
Market Trends for Iron FoundriesRise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Iron Foundries companies will put a downward pressure on prices. The chart shows how prices are changing within the , month-to-month over the last three years.
Income Statement (Average Financial Metrics)Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.
|Industry Average||Percent of Sales|
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|Cost of Goods Sold|
|Pension, profit sharing plans, stock, annuity|
|Rent paid on business property|
|Domestic production activities deduction|
|Compensation of officers|
|Salaries and wages|
|Employee benefit programs|
|Taxes and Licenses|
|Other Operating Expenses|
|Total Operating Expenses|
|EBIT (Earnings Before Interest and Taxes)|
|Earnings Before Taxes|
Financial Ratio Analysis - Iron FoundriesFinancial ratio information can be used to benchmark how a company in the industry compares relative to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.
|Profitability & Valuation Ratios - Iron Foundries||Industry Average|
|Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Iron Foundries industry is performing.|
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
|Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
|Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Iron Foundries measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.
|Liquidity Ratios - Iron Foundries||Industry Average|
|Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.|
Measures a firm's ability to pay its debts over the next 12 months.
|Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.
|Efficiency Ratios - Key Performance Indicators||Industry Average|
|Measure how quickly products and services sell, and effectively collections policies are implemented.|
|Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
|Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.
Compensation & Salary Surveys for EmployeesCompensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.
|Title||Percent of Workforce||Bottom Quartile||Average (Median) Salary||Upper Quartile|
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|General and Operations Managers||1%|
|Office and Administrative Support Occupations||6%|
|Installation, Maintenance, and Repair Occupations||8%|
|Other Installation, Maintenance, and Repair Occupations||7%|
|Metal Workers and Plastic Workers||46%|
|Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic||8%|
|Grinding, Lapping, Polishing, and Buffing Machine Tool Setters, Operators, and Tenders, Metal and Plastic||5%|
|Metal Furnace Operators, Tenders, Pourers, and Casters||7%|
|Molders and Molding Machine Setters, Operators, and Tenders, Metal and Plastic||15%|
|Foundry Mold and Coremakers||7%|
|Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic||9%|
|Other Production Occupations||14%|
Companies in Iron Foundries and Similar Industries[PREMIUM]Iron Foundries market research identifies top companies with the largest estimated market share. Information includes corporate earnings and public company ticker symbols where available.
Public Iron Foundries Company NewsWeb scan for recent news about public companies. Iron Foundries market research on key company news, and Iron Foundries statistics.
The market size analysis identifies the overall sales data within the industry. Statistics break down facts about companies within the market.
Government Contracts Related to Iron FoundriesIn 2016, the federal government spent a total of $486,089 on Iron Foundries. It has awarded 25 contracts to 22 companies, with an average value of $22,095 per company.
Top government vendors:
|Company||Federal Contracts||Total Award Amount|
Segments classified within this market research reportThis market research report includes companies whose primary business is any of the following:
Iron castings, unfinished, manufacturing, Castings, malleable iron, Cast iron railroad car wheels manufacturing, Molds for casting steel ingots manufacturing, Malleable iron foundries, Pipe and pipe fittings, cast iron, Rolling mill rolls, iron, Ductile iron castings, Molds, steel ingot, industrial, Iron foundries, Cast iron brake shoes, railroad, Foundries, iron (i.e., ductile, gray, malleable, semisteel), Industrial molds, Pipe couplings, Gray iron foundries, Semisteel foundries, Cooking utensils, Manhole covers, Fittings, soil and pressure pipe, Ductile iron foundries, unfinished iron (e.g., Sewer pipe, Soil pipe, compacted graphite iron, Pearlitic castings, Cast iron pipe and pipe fittings manufacturing, Water pipe, etc.