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Machine Shops Industry Analysis

Identify industry changes, evaluate the market size, market outlook, trends, key players, and growth opportunities.

Contents Standard Report Premium Report
Industry Overview & Outlook . .
- Market Size
(industry trends)
. .
- Market Forecast   .
- Products/Services Breakdown   .
- Revenue per State . .
$ Financial Metrics . .
$ Salary & Compensation Benchmarks . .
@ Key Companies   .
- Industry News & Innovators   .
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2018 Market Analysis & Industry Outlook: Machine Shops

Overview: the U.S. Machine Shops Industry

This section provides answers to key questions about the industry:

  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Machine Shops: 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.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

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.

U.S. map by state

Machine Shops Industry Price Trends

Rise 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 Machine Shops companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.

example price index trendline

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 AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
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
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Machine Shops company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry 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 Machine Shops industry is performing.
Profit Margin
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 Machine Shops measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry 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.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry 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
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
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.

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.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 6%

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Chief Executives0%
General and Operations Managers3%
Office and Administrative Support Occupations 11%
Production Occupations 71%
Metal Workers and Plastic Workers 56%
Computer Control Programmers and Operators 11%
Computer-Controlled Machine Tool Operators, Metal and Plastic 9%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic 7%
Machinists 30%
Machinists 30%
Other Production Occupations 7%
Source: Bureau of Labor Statistics

Machine Shops Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate

Innovation News

  • Terminal Manufacturing trademarks "TERMINAL ENGINEERING & MANUFACTURING" - Specialty Engineering and Manufacturing of metals tools and machine parts including but not limited to pressure vessels and chambers - 10/21/2017
  • J. Stadler Machine trademarks "BILLETSPIN" - Spinning tops - 11/22/2016
  • Lektron trademarks "LEKTRON" - Custom manufacture of electromechanical assemblies and sub-assemblies for the defense industry; manufacture of general product lines in the field of electromechanical assemblies and sub-assemblies for the defense industry to the order and specification of others - 10/24/2004

  • Top Innovators

    CompanyInnovation Score
    Terminal Manufacturing
    J. Stadler Machine

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • M.Video uses AI from Detectum in its online shop - Russian mobile retail chain M.Video has announced that it has started using Detectum services, based on AI and machine learning, on its online shop. Data analysis technology is used to search for goods. The system forms recommendations for customers on the ... (01/10/2018)
    • Overnight shop raids in Suffolk, witnesses speak of 'loud bang' - Witnesses have told ITV News Anglia of how a car reversed into the front of a convenience store in Trimley St Martin near Felixstowe in Suffolk last night (Monday 8th January) to try to steal a cash machine. A loud crash was heard at around 11.30pm with ... (01/09/2018)
    • Good Maritime Enterprises Run Risks With Machining - e're not your grandfather's machine shop at Valley Tool, Inc. As a new generation of American machinists, VTI’s 20 years of experience in custom tooling, machining and parts specialty jobbing spans multiple national and global industry sectors ... (01/09/2018)
    • Wichita machine shop expanding on back of commercial aerospace work - The growing commercial aerospace industry is the cause for yet another supplier expansion in Wichita, as Quik Tek Machining LLC in the southwest section of the city is embarking on a $5 million project to add new space, equipment and people. Ann Phu, head ... (01/08/2018)
    • CES 2018: Can This Machine Get This 10 Year Old Out Of Folding Clothes? - The machine carefully folds each piece of clothing, flat and tight. When clothes come out of the Foldimate folded they look like they would if they were sitting in a retail shop. Foldimate can fold just about any piece of clothing from kids clothing age 6 ... (01/08/2018)
    • Wall Street's Hot New Money Machine Starts With a Single Loan - “Banks go where the fees are,” said Floyd Tyler, president of Memphis-based Preserver Partners. In the Apollo deal, the buyout shop used the loan to acquire a home-security company called Protection 1 in 2015. The syndication of banks also included ... (01/08/2018)
    • PRICE NOTICE: Carolina machine shop turnings - Access to editorial content is granted to paid subscribers and trialists only. If you wish to have instant access to article content please either subscribe or take a free trial. Find out today why AMM, the original metals price reporting agency ... (01/02/2018)
    • What Does It Take to Succeed at Machining Hogouts? - In short, the shop doing hogouts is stepping up to do more. Therefore, beyond the machine tool capability, at least two other aspects of R&D Manco’s formula have also been important to its continued success at hogout machining. One has to do with the ... (01/01/2018)
    • Caught on camera: couple gets engaged at The Machine Shop concert - Congratulations are in order for this couple who got engaged on stage at the Granger Smith Earl Dibbles Jr. concert at the Machine Shop in Flint, Mich. on Saturday night. Poster Nell Reardon would like to get this video of their special moment to them. (12/31/2017)

    Government Contracts

    In 2016, the federal government spent a total of $60,264,938 on Machine Shops. It has awarded 9,261 contracts to 437 companies, with an average value of $137,906 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount

    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Machine shops, Chemical milling job shops, etc.

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