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2025 U.S. Industry Statistics & Market Forecast - Iron Foundries
Market Size & Industry Statistics
The total U.S. industry market size for Iron Foundries:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Iron Foundries industry include:- Increasing automation and robotics adoption
- Growing emphasis on sustainable and environmentally friendly practices
- Rising costs of raw materials like iron ore
- Shift towards renewable energy sources in production
- Fluctuations in global steel prices
- Expanding use of advanced materials and alloys
- Globalization of supply chains
- Stringent environmental regulations
- Technological advancements in melting and casting processes
- Enhanced focus on recycling and material efficiency
- Growing competition from alternative materials like composites and plastics
- Impact of geopolitics and trade policies on raw material sourcing
- Increased demand from automotive and construction sectors
- Adoption of digital technologies for improved precision and quality control
- Local and regional policy changes affecting production and operation costs
U.S. Geographic Distribution: Revenue Statistics by State
Market 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 industry market share than average.
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 (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Iron Foundries company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | 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. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| 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). |
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| 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. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| 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. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation 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 |
|---|---|---|---|---|
| Management Occupations | 5% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Office and Administrative Support Occupations | 5% | |||
| Installation, Maintenance, and Repair Occupations | 7% | |||
| Other Installation, Maintenance, and Repair Occupations | 6% | |||
| Production Occupations | 67% | |||
| Metal Workers and Plastic Workers | 47% | |||
| Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic | 10% | |||
| Grinding, Lapping, Polishing, and Buffing Machine Tool Setters, Operators, and Tenders, Metal and Plastic | 8% | |||
| Metal Furnace Operators, Tenders, Pourers, and Casters | 6% | |||
| Molders and Molding Machine Setters, Operators, and Tenders, Metal and Plastic | 20% | |||
| Foundry Mold and Coremakers | 7% | |||
| Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic | 13% | |||
| Other Production Occupations | 13% | |||
| Inspectors, Testers, Sorters, Samplers, and Weighers | 6% | |||
| Inspectors, Testers, Sorters, Samplers, and Weighers | 6% | |||
Iron Foundries Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Iron Foundries industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Iron Foundries industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Iron Foundries industry. |
Source:
Latest Industry News
- Tony Hawk’s Pro Skater 3+4: All Foundry challenges and secret collectible locations - The first level of Tony Hawk’s Pro Skater 3 in this recreation of the game is Foundry, which acts as a small introductory stage that concentrates the action into one relatively small room. That doesn’t mean it’s necessarily easy, though, and there are plenty of challenges that aren’t quite as straightforward as they sound. (07/09/2025)
- Victaulic expanding footprint again - The maker of pipe fittings, couplings, valves and accessories is opening a new branch location, about 170 miles southwest of its home in Forks Township. (07/09/2025)
- On a Magical Italian Island, Swimming, Stone and Sea - Favignana, off the west coast of Sicily, is known for its stone quarries, clear waters and fabled fish. A writer explores by land and by water. (07/09/2025)
- Here's why Synergy Green Industries shares hit record high today; details - Synergy Green Industries shares surged to a record high today after the company announced a major order win from Adani Wind, the wind energy arm of Adani New Industries. (07/09/2025)
- Building a champion - The foundry industry in the U.S. isn’t what most would consider a growth sector. But Wisconsin Aluminum Foundry, or WAF, of Manitowoc, Wisconsin, a vertically integrated nonferrous foundry that consumes recycled aluminum, is bucking that trend. (07/08/2025)
- CAST IRON MEDIA ANNOUNCES LEADERSHIP TRANSITION AS PART OF THE NEXT CHAPTER OF STRATEGIC GROWTH - Cast Iron Media, a technology-driven leader in sports streaming and advertising, today announced the appointment of Dave Clark as Chief Executive Officer. A seasoned executive with broad industry experience, (07/08/2025)
- ‘Nail in a coffin’: Trump’s steel, aluminum tariffs bleed Indian foundries - The small ancillary units that depend on steel and aluminium exporters for their income are especially hard hit. (07/07/2025)
- Micro foundries in Coimbatore seek exemption from BIS quality control order - Coimbatore: The Coimbatore Tiny & Small Foundry Owners Association (COSMAFAN) has urged the Bureau of Indian Standards (BIS) to exempt micro found. (06/22/2025)
- Castings reports reduction in turnover and pre-tax profits - Castings Group has reported that its pre-tax profits are down 76% from the previous year. The Walsall-based metal fabricator said d emand from its heavy truck customers, which makes up over 75% of ... (06/11/2025)
- What Impact Will Trump 2.0 Have on Workplace Safety? - OSHA and the EHS industry are not immune from the waste and inefficiency of poor policy and governance. Clearly, the Trump administration’s work is focused on the American working people, including the protection of their safety, and the effects will be beneficial in both the short and long term. (05/28/2025)
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