2025 Precision Turned Product Manufacturing Industry Report

Industry Overview

This U.S. industry comprises establishments known as precision turned manufacturers primarily engaged in machining precision products of all materials on a job or order basis. Generally precision turned product jobs are large volume using machines, such as automatic screw machines, rotary transfer machines, computer numerically controlled (CNC) lathes, or turning centers.
Source: US Census Bureau

Market Size and Industry Forecast

The Precision Turned Product Manufacturing industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Precision Turned Product Manufacturing industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Precision Turned Product Manufacturing companies in the United States.

Distribution by Company Size

Company Size	All Industries	Precision Turned Product Manufacturing
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Precision Turned Product Manufacturing 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" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
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

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Precision Turned Product Manufacturing Industry Product Mix

Product Description	Description	Revenue ($ Millions)
Precision turned product manufacturing
Precision turned products, automotive
Precision turned products (CNC equip., screw mach.), excl. auto
Precision turned product manufacturing, nsk, total
Precision turned product mfg, nsk, nonadministrative-records
Precision turned product mfg, nsk, administrative-records

Precision Turned Product Manufacturing Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	5%
Chief Executives	0%
General and Operations Managers	2%
Office and Administrative Support Occupations	11%
Production Occupations	67%
Metal Workers and Plastic Workers	50%
Computer Control Programmers and Operators	8%
Computer-Controlled Machine Tool Operators, Metal and Plastic	6%
Machine Tool Cutting Setters, Operators, and Tenders, Metal and Plastic	13%
Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic	6%
Machinists	18%
Machinists	18%
Other Production Occupations	10%
Inspectors, Testers, Sorters, Samplers, and Weighers	6%
Inspectors, Testers, Sorters, Samplers, and Weighers	6%

Government Contracts

The federal government spent an annual total of $15,763,706 on the precision turned product manufacturing industry. It has awarded 319 contracts to 116 companies, with an average value of $135,894 per company.

Top Companies in Precision Turned Product Manufacturing and Adjacent Industries

Company	Address	Revenue ($ Millions)