Leadership

2022 IW U.S. 500: Top Machinery Manufacturers (slideshow)

Jan. 5, 2023

The largest producers of machinery from the IW U.S. 500 list of largest publicly traded manufacturing companies in the country.

Manufacturers of construction equipment, printers, agricultural equipment and more landed in the machinery category for 2022's IndustryWeek US 500.

Click through the slideshow to see the Top 10. The accompanying table lists all 33 machinery manufacturers that made this year's list, along with the data that earned them a prime spot.

Rank	Primary Industry	Name	2021 Revenue (in millions)	2021 Profit Margin	2021 Net Income (in millions)	2021 Revenue Growth
27	Machinery	Caterpillar Inc.	$50,971	12.73%	$6,489	22.1%
35	Machinery	Deere & Co.	$43,956	13.57%	$5,963	23.8%
102	Machinery	Parker-Hannifin Corp.	$14,348	12.17%	$1,746	4.8%
129	Machinery	Agco Corp.	$11,138	8.05%	$897	21.7%
161	Machinery	Dover Corp.	$7,907	14.21%	$1,124	18.3%
180	Machinery	Xerox Holdings Corp.	$7,038	-6.46%	-$455	0.2%
185	Machinery	Veritiv Corp.	$6,851	2.11%	$145	8.0%
213	Machinery	Zebra Technologies Corp.	$5,627	14.87%	$837	26.5%
223	Machinery	NOV Inc.	$5,524	-4.44%	-$245	-9.3%
232	Machinery	Ingersoll Rand Inc.	$5,152	10.92%	$563	29.7%
240	Machinery	Keysight Technologies Inc.	$4,941	18.09%	$894	17.1%
273	Machinery	Toro Co.	$3,960	10.35%	$410	17.2%
277	Machinery	Terex Corp.	$3,887	5.68%	$221	26.3%
278	Machinery	Enovis Corp.	$3,854	1.86%	$72	25.5%
281	Machinery	Regal Rexnord Corp.	$3,810	5.51%	$210	31.1%
283	Machinery	Generac Holdings Inc.	$3,737	14.73%	$551	50.4%
296	Machinery	Flowserve Corp.	$3,541	3.56%	$126	-5.0%
300	Machinery	Gates Industrial Corp. PLC	$3,474	8.55%	$297	24.4%
313	Machinery	Lincoln Electric Holdings Inc.	$3,234	8.55%	$277	21.8%
322	Machinery	II-VI Inc.	$3,106	9.58%	$298	30.5%
323	Machinery	ChampionX Corp.	$3,075	3.68%	$113	61.8%
339	Machinery	Donaldson Co. Inc.	$2,854	10.05%	$287	10.5%
340	Machinery	Moog Inc.	$2,852	5.51%	$157	-1.1%
349	Machinery	ITT Inc.	$2,765	11.44%	$316	11.6%
350	Machinery	IDEX Corp.	$2,765	16.25%	$449	17.6%
368	Machinery	Nordson Corp.	$2,362	19.24%	$454	11.4%
401	Machinery	Graco Inc.	$1,988	22.13%	$440	20.5%
417	Machinery	Kennametal Inc.	$1,841	2.95%	$54	-2.3%
419	Machinery	Watts Water Technologies Inc.	$1,809	9.16%	$166	19.9%
437	Machinery	Manitowoc Co. Inc.	$1,720	0.64%	$11	19.2%
457	Machinery	Coherent Inc.	$1,488	-7.18%	-$107	21.0%
483	Machinery	Circuit Inc.	$1,306	10.76%	$141	36.2%
488	Machinery	SPX Corp.	$1,220	34.88%	$425	8.1%