Maryland Business Data
Businesses, industries, public companies, banks, trucking companies, new business applications and bankruptcies in Maryland.
- Employer establishments
- 142,967
- 2023
- Employees
- 2,468,367
- New applications, 12 months
- 111,679
- +14.6% vs. prior 12 months
Industries
Employer businesses in 2023
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| Industry | Establishments | Employees | Average pay |
|---|---|---|---|
| Health care and social assistance | 18,859 | 403,945 | $65,174 |
| Professional and technical services | 21,699 | 301,509 | $108,007 |
| Retail trade | 16,687 | 289,469 | $37,719 |
| Administrative and support services | 8,340 | 256,840 | $52,878 |
| Accommodation and food services | 12,744 | 241,483 | $27,208 |
| Construction | 14,528 | 167,451 | $76,925 |
| Other services | 14,680 | 112,568 | $52,084 |
| Manufacturing | 2,838 | 109,929 | $82,718 |
| Finance and insurance | 7,054 | 98,329 | $122,940 |
| Transportation and warehousing | 4,002 | 96,536 | $54,102 |
| Wholesale trade | 4,890 | 90,300 | $89,201 |
| Educational services | 2,384 | 87,897 | $61,449 |
| Management of companies | 1,165 | 61,483 | $110,453 |
| Information | 2,598 | 49,309 | $112,177 |
| Real estate and rental | 7,450 | 46,725 | $82,297 |
| Arts, entertainment and recreation | 2,386 | 42,948 | $44,402 |
| Utilities | 242 | 9,477 | $138,759 |
| Mining, oil and gas | 64 | 967 | $77,874 |
| Agriculture, forestry and fishing | 206 | 946 | $51,872 |
Total annual payroll: $168.1B
Largest public companies in Maryland
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| # | Company | Revenue | Net income |
|---|---|---|---|
| 1 | Lockheed Martin CorpLMT | $75.05B | $5.02B |
| 2 | Marriott International IncMAR | $26.19B | $2.6B |
| 3 | Constellation Energy CorpCEG | $25.53B | $2.32B |
| 4 | Price T Rowe Group IncTROW | $7.31B | $2.09B |
| 5 | McCormick & Co IncMKC | $6.84B | $789.4M |
| 6 | Host Hotels & Resorts, Inc.HST | $6.11B | $765M |
| 7 | Under Armour, Inc.UAA | $4.97B | -$495.6M |
| 8 | Ciena CorpCIEN | $4.77B | $123.3M |
| 9 | United Therapeutics CorpUTHR | $3.18B | $1.33B |
| 10 | Sinclair, Inc.SBGI | $3.17B | -$112M |
Banks headquartered in Maryland
27 FDIC-insured banks
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| # | Bank | Total assets | Deposits | Offices |
|---|---|---|---|---|
| 1 | EagleBank | $9.62B | $8.2B | 14 |
| 2 | Forbright Bank | $8.48B | $7.33B | 4 |
| 3 | Shore United Bank, National Association | $6.15B | $5.43B | 40 |
| 4 | CFG Bank | $6.12B | $5.11B | 3 |
| 5 | Capital Bank, National Association | $3.84B | $3.39B | 8 |
| 6 | First United Bank & Trust | $2.05B | $1.74B | 23 |
| 7 | Rosedale Bank | $1.36B | $1.1B | 15 |
| 8 | Middletown Valley Bank | $1.19B | $1.08B | 8 |
| 9 | Calvin B. Taylor Banking Company of Berlin, Maryland | $1.02B | $881.5M | 12 |
| 10 | Presidential Bank, FSB | $1.01B | $897.1M | 11 |
Trucking companies
Carriers in this state- Active carriers
- 44,301
- Power units
- 141,725
- Drivers
- 150,602
New businesses and bankruptcies
- 111,679 new business applications in the 12 months through September 2026.
- 424 business bankruptcy cases in the 12 months ending June 2026 (+20.5% from a year earlier).
Counties
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| County | Establishments | Employees | Average pay |
|---|---|---|---|
| Montgomery County | 27,677 | 439,792 | $81,041 |
| Baltimore County | 20,340 | 340,854 | $65,263 |
| Prince George's County | 16,350 | 276,055 | $59,686 |
| Anne Arundel County | 14,718 | 245,664 | $67,994 |
| Baltimore city | 12,383 | 301,759 | $77,696 |
| Howard County | 10,050 | 185,946 | $82,905 |
| Frederick County | 6,591 | 95,077 | $59,829 |
| Harford County | 5,636 | 79,488 | $55,256 |
| Carroll County | 4,279 | 53,981 | $51,797 |
| Washington County | 3,417 | 61,729 | $49,242 |
| Charles County | 2,793 | 33,675 | $47,027 |
| Wicomico County | 2,495 | 35,249 | $52,307 |
| Worcester County | 2,256 | 20,249 | $45,503 |
| St. Mary's County | 2,090 | 32,683 | $67,830 |
| Cecil County | 1,776 | 29,700 | $60,961 |
| Calvert County | 1,725 | 19,204 | $52,166 |
| Talbot County | 1,468 | 17,567 | $54,961 |
| Allegany County | 1,430 | 21,366 | $45,283 |
| Queen Anne's County | 1,421 | 12,926 | $52,084 |
| Garrett County | 951 | 10,577 | $40,665 |
| Dorchester County | 687 | 9,537 | $51,203 |
| Caroline County | 634 | 6,996 | $52,088 |
| Kent County | 570 | 6,462 | $50,634 |
| Somerset County | 360 | 4,141 | $46,686 |
Source: U.S. Census Bureau, SEC, FDIC, FMCSA and the U.S. Courts · Last updated 12/31/2023