2025 Foundries Industry Report

Industry Overview

This industry group comprises establishments primarily engaged in pouring molten metal into molds or dies to form castings. Establishments making castings and further manufacturing, such as machining or assembling, a specific manufactured product are classified in the industry of the finished product. Foundries may perform operations, such as cleaning and deburring, on the castings they manufacture. More involved processes, such as tapping, threading, milling, or machining to tight tolerances, that transform castings into more finished products are classified elsewhere in the Manufacturing sector based on the product made. Establishments in this industry group make castings from purchased metals or in integrated secondary smelting and casting facilities. When the production of primary metals is combined with making castings, the establishment is classified in Subsector 331, Primary Metal Manufacturing, with the primary metal made.
Source: U.S. Census Bureau

Market Size and Industry Forecast

The Foundries 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 Foundries 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 Foundries companies in the United States.

Distribution by Company Size

Company Size	All Industries	Foundries
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Foundries 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

Foundries Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	4%
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 $7,241,948 on the foundries industry. It has awarded 164 contracts to 86 companies, with an average value of $84,209 per company.

Top Companies in Foundries and Adjacent Industries

Company	Address	Revenue ($ Millions)