Ferrous Metal Foundries - Market Size, Financial Statistics, Industry Trends
Industry Overview
This industry comprises establishments primarily engaged in pouring molten iron and steel into molds of a desired shape to make castings. Establishments in this industry purchase iron and steel made in other establishments. Cross-References.Source: U.S. Census Bureau
Ferrous Metal Foundries Market Size
This report includes historical and forecasted market sizes and industry trends for Ferrous Metal Foundries. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Ferrous Metal Foundries industry.| Historical | Forecasted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Ferrous Metal Foundries industry.
Geographic Breakdown by U.S. State
Ferrous Metal Foundries market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Ferrous Metal Foundries companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Ferrous Metal Foundries |
|---|---|---|
| Small Business (< 5 Employees) | Included |
|
| Small Business (5 - 20) | ||
| Midsized Business (20 - 100) | ||
| Large Business (100 - 500) | ||
| Enterprise (> 500) | ||
Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" Ferrous Metal Foundries company (both public and private companies are included).
| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | Included |
|
| Operating Revenue | ||
| Cost of Goods Sold (COGS) | ||
| Gross Profit | ||
| Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| Earnings Before Interest and Taxes (EBIT) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit | ||
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.| Financial Ratio | Industry Average |
|---|---|
| Profitability Ratios | Included |
| Profit Margin | |
| ROE | |
| ROA | |
| Liquidity Ratios | |
| Current Ratio | |
| Quick Ratio | |
| Activity Ratios | |
| Average Collection Period | |
| Asset Turnover Ratio | |
| Receivables Turnover Ratio | |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Ferrous Metal Foundries industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|
|---|---|---|---|
Iron foundries |
Included |
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Ductile iron pressure pipe and fittings |
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Ductile iron pressure pipes and iron-fittings, all sizes |
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Other ductile iron castings |
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Other ductile iron castings for automotive uses |
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Other ductile iron castings for all other uses |
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All other ductile iron castings |
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Other ductile iron castings, nsk |
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Other gray iron castings |
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Other gray iron castings for all other uses |
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Compensation and Salary Surveys
Salary information for employees working in the Ferrous Metal Foundries industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 4% |
Included |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 1% | |||
| Office and Administrative Support Occupations | 6% | |||
| Installation, Maintenance, and Repair Occupations | 7% | |||
| Other Installation, Maintenance, and Repair Occupations | 6% | |||
| Production Occupations | 69% | |||
| Metal Workers and Plastic Workers | 48% | |||
| Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic | 9% | |||
| Grinding, Lapping, Polishing, and Buffing Machine Tool Setters, Operators, and Tenders, Metal and Plastic | 6% | |||
| Metal Furnace Operators, Tenders, Pourers, and Casters | 6% | |||
| Molders and Molding Machine Setters, Operators, and Tenders, Metal and Plastic | 19% | |||
| Foundry Mold and Coremakers | 9% | |||
| Molding, Coremaking, and Casting Machine Setters, Operators, and Tenders, Metal and Plastic | 10% | |||
| Other Production Occupations | 14% | |||
| Inspectors, Testers, Sorters, Samplers, and Weighers | 6% | |||
| Inspectors, Testers, Sorters, Samplers, and Weighers | 6% | |||
Government Contracts
The federal government spent an annual total of $1,960,724 on the Ferrous Metal Foundries industry. It has awarded 68 contracts to 40 companies, with an average value of $49,018 per company.Top Companies in Ferrous Metal Foundries and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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