Machine Shops and Tool & Die Shops – Industry Research, Analysis, Statistics, and Forecasts

SIC 3599 & 3544 | NAICS 332710 & 333514

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Statements and Financial Ratios

Compensation and Salary Surveys

BV Guides and Databases

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Industry Research Reports
Machine Shop Services (view report)
Metalworking Machinery Manufacturing (view report)

Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:

Market size and major product and service segments
Key industry statistics, trends, and financial ratios
Operating conditions and current performance
Competitive landscape and environment
Major company profiles and market shares
Five-year outlook and growth forecasts

Sample report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

Gardener Business Media, Inc.
Modern Machine Shop Magazine
https://www.mmsonline.com/

Monthly trade magazine provides news and information for shop owners and managers, with special features including highlights from the annual "Top Shops Survey" conducted by Gardner Intelligence which allows shops of all types and sizes to see how they compare with leading U.S. machine shops in four different categories. Current issue and selected articles from prior issues are available online.

National Tooling & Machining Association
Business Conditions Report
https://ntma.org/

Semiannual report provides insights on current business conditions and expectations for the next six months by industry segment and region based on a survey of NTMA members, with sectors covered including tools, dies, and fixtures, molds, aerospace machining and fabrication, metal fabrication and stamping, non-aerospace precision machining, and special machines. Report is available free online.

Gardener Intelligence
Surveys available from this organization include:

Top Shops Benchmarking Survey
https://www.gardnerintelligence.com
Annual benchmarking survey lets shop owners and managers compare their operations with leading U.S. machine shops in four different categories (e.g., machining technology, shopfloor practices and performance, business strategies and performance, and human resources/workforce development). Executive summary and a sample custom shop report from a recent survey are available free online.

Capital Spending Survey
https://www.gardnerintelligence.com/
Annual reports analyze historical and projected capital spending trends for the metalworking industry by market segment (e.g., machine tool, inspection/measurement, software, tooling, and workholding) with survey data broken out by machine/product type, industry, region/state, and plant size. Excerpts and sample pages from various market segment reports can be downloaded and viewed free online.

BizMiner Market Analysis Reports
Machine Shops and Tool & Die Shops
https://www.bizminer.com Search for "332710" and "333514" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More industry research reports »

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Machine Shops and Tool & Die Shops

https://www.bizminer.com Search for "332710" and "333514" to see available reports

Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:

Income and expenses in dollars and percentages
Balance sheets in dollars and percentages
Profitability and return on investment ratios
Liquidity and working capital ratios
Asset turnover and efficiency ratios
Capital structure and debt service ratios

Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Machine Shop Services

(see links for individual reports) (sample spreadsheet)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and over twenty-five industry financial ratios, with financial ratios provided for the each of the four most recent calendar years and on a historical average basis for 3-year, 5-year, and 10-year time periods. Sample spreadsheet with breakdowns by asset size can be viewed free online.

National Tooling & Machining Association
Operating Cost Report
https://ntma.org/

Annual survey provides detailed financial and operating performance measures for precision custom tooling and machining manufacturers, with performance data reported by industry classification (e.g., tool and die, molds, general precision machining, aerospace machining, special machine, production operations, and diversified) based on reported sales volume. Sample excerpt is available free online.

More financial benchmarking data »

Compensation and Salary Surveys

National Tooling & Machining Association
Compensation surveys available from this trade association include:

Executive Compensation Report
https://ntma.org/
Annual survey provides compensation data for 18 executive positions in the precision custom tooling and machining industry, with data for executive job positions reported by industry classification (e.g., tool and die, molds, general precision machining, aerospace machining, special machine, production operations, and diversified), sales volume, and U.S. region. Sample pages can be viewed free online.

Wage & Fringe Benefit Report
https://ntma.org/
Annual survey provides wage and fringe benefits data for hourly job positions employed by precision custom tooling and machining manufacturers, with survey results reported by line of business, sales volume, and region and positions covered including foreman/supervisor, punch press operator, lathe operator, machinist, moldmaker, toolmaker, and diemaker. Sample pages can be viewed free online.

PayScale, Inc.
Compensation data available from this organization includes:

Machine Shop
https://www.payscale.com/
Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as general manager, mechanical engineer, manufacturing engineer, CNC operator/programmer, and machinist, with employers for which wage data is provided including Allied Tool & Die Company LLC, Applegate Inc., Central Valley Machine, Inc., C&A Tool Engineering Inc., and Tristate Machinery, Inc.

Tool and Die Manufacturing
https://www.payscale.com/
Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as plant manager, tooling engineer, manufacturing engineer, tool and die maker, and toolmaker, with employers for which wage data is provided including Rotometrics (Roto-Die Company Inc.), Nordson Corp., OSG Tap & Die Inc., Oberg Industries Inc., Die-Tech Industries Inc., and L.H. Industries Corp.

More compensation surveys »

BV Guides and Databases

BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/

Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for private company sales transaction data by SIC or NAICS Code using the following codes:

– SIC Codes 3599 and 3544 - Machine Shops and Special Dies and Tools, Die Sets, Jigs and Fixtures, and Industrial Molds Manufacturing

– NAICS Codes 332710 and 333514 - Machine Shops and Special Die and Tool, Die Set, Jig, and Fixture Manufacturing

Types of establishments included in these codes

Precision machining shops - establishments that primarily focus on providing precision machining services, such as milling, turning, grinding, and drilling, for producing custom parts and components from various materials, including metal, plastic, and wood.

Prototype machining operations - establishments that specialize in creating prototype parts and components, often using CNC machines and other advanced manufacturing technologies, to support product development and testing processes.

Tool and die makers - establishments that produce tools, dies, and molds used in various manufacturing processes, such as stamping, forging, casting, and injection molding, to shape raw materials into finished parts or products.

Special die manufacturers - establishments that focus on manufacturing specialized dies that are used in specific manufacturing processes, including extrusion, drawing, and progressive dies, for shaping materials like metal or plastic.

Jig and fixture producers - establishments that specialize in manufacturing jigs and fixtures that are used to hold, guide, or align workpieces during manufacturing processes, such as machining, welding, and assembly, to ensure precise and repeatable results.

Metal stamping die manufacturing - establishments that specialize in the production of metal stamping dies that are used to shape and cut metal in high-speed stamping operations, such as automotive, aerospace, and electronics industries.

Plastic injection mold production - establishments that produce plastic injection molds that are used in injection molding processes to create plastic parts and components by injecting molten plastic material into a mold cavity.

Metal forming tool and die manufacturers - establishments that manufacture metal forming tools and dies that are used for shaping metal through processes like bending, stamping, and forging, to create a variety of parts and components.

Sample reports with detailed sales transaction data and valuation multiples are available free online.

More valuation data »

Related Industries:
Fabricated Metal Products Manufacturers
Machine Tool and Cutting Tool Manufacturers
Metal Heat Treating
Metal Plating and Finishing

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