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Maryland Business by the Numbers: 2026 Company Breakdown

Maryland has 1,466,919 business records in Factur’s directory — the 14th-most of any U.S. state, or 2.3% of the national total. Baltimore leads its cities with 13.8% of the state’s records, Industrial & mechanical is the largest sector at 31.6%, and Maryland ranks 21st for large employers (500+ employees).

Data as of July 2026. The figures come from Factur’s U.S. business directory, spanning 26 Maryland cities and 9 industry sectors. They count records, not unique companies: one company can have more than one record (see the methodology). Every number links to the browsable list behind it. Journalists and researchers are welcome to cite these figures with a link back to this page.

1,466,919Business records in Maryland
14thRank among U.S. states
2.3%Share of U.S. total
21stRank for 500+ employee records

Key findings

  • Maryland ranks 14th nationally with 1,466,919 business records — 2.3% of all 64,799,929 U.S. records in the directory.
  • Mostly small businesses. Maryland is 21st for records of companies with 500+ employees (1,621), with 11.1 per 10,000 records against 14.0 nationally (41st of 52 states).
  • Baltimore is the state’s largest business hub, with 13.8% of all Maryland records.
  • Business is concentrated in a few metros: Baltimore, Silver Spring and Rockville together hold 21.7% of the state’s records.

How Maryland ranks nationally

Maryland and its closest neighbours by total business records. Select a state to open its own study.

#12 Virginia
1,598,461
#13 Ohio
1,487,393
#14 Maryland
1,466,919
#16 Missouri
1,320,369

Top Maryland cities by number of business records

These 10 cities account for 37.6% of all records in Maryland. Select any city to browse its full company list.

1. Baltimore
202,054 13.8%
2. Silver Spring
58,932 4.0%
3. Rockville
56,783 3.9%
4. Bethesda
42,676 2.9%
5. Gaithersburg
37,582 2.6%
6. Annapolis
35,923 2.4%
7. Columbia
33,740 2.3%
8. Frederick
33,322 2.3%
9. Laurel
28,295 1.9%
10. Hyattsville
22,449 1.5%

Browse all Maryland companies →

Maryland businesses by industry

Every record is classified by its primary industry using NAICS/SIC codes; the shares are of all Maryland records. Select a sector to see those Maryland companies.

Consumer
220,312 15.0%
Real Estate
73,021 5.0%
Financial
71,535 4.9%
Communication
31,337 2.1%
Food & Beverage
16,718 1.1%
Construction
5,643 0.4%
IT
3,357 0.2%

Maryland businesses by size

Most records in every state are small businesses. In Maryland, 1.90% of records with a known size have 51 or more employees, against 1.77% nationally. 437 records belong to companies with $1 billion or more in revenue.

EmployeesRecordsMarylandU.S.
1-501,427,72698.10%98.23%
51-20022,8131.57%1.37%
201-10004,1480.28%0.33%
1001-50004890.03%0.05%
5001+2720.02%0.02%

What the numbers show

Maryland’s 1,466,919 records place it 14th nationally, 2.3% of the U.S. total, and 21st for large employers. That large-employer rank is well below its rank by records: its business base is weighted toward small companies. Activity clusters in its largest metros — Baltimore, Silver Spring and Rockville alone account for 21.7% of the state’s records — and its industry mix is close to the national average. For buyers and sellers, that means the deepest pools of suppliers sit in a handful of cities and sectors; the charts above link straight into each so you can shortlist by capability and region.

Frequently asked questions

How many businesses are in Maryland?

Factur’s directory has 1,466,919 business records for Maryland, the 14th-most of any U.S. state. That counts records rather than unique companies: a company can have more than one record, so the number of distinct businesses is lower.

How many large companies are in Maryland?

1,621 Maryland records belong to companies with 500 or more employees, 21st among U.S. states, or 11.1 per 10,000 records against 14.0 nationally. Large companies often have several records (one per department or location), so this overstates the number of distinct large employers.

Which Maryland city has the most businesses?

Baltimore has the most, with 13.8% of the state’s records.

What is the largest industry in Maryland?

Industrial & mechanical is the largest sector, at 31.6% of Maryland records.

Where does this data come from?

From Factur’s U.S. business directory as of July 2026, classified by city and by primary industry using NAICS/SIC codes. Every figure on this page links to the list behind it.

Cite this data

Free to use with attribution — please credit Factur and link back to this page.

CitationFactur. (2026). Maryland Business by the Numbers: 2026 Company Breakdown. data.facturmfg.com. https://data.facturmfg.com/insights/maryland
Link (HTML)<a href="https://data.facturmfg.com/insights/maryland">Maryland Business by the Numbers: 2026 Company Breakdown</a> — data by Factur

Methodology

Figures count records in Factur’s U.S. business directory as of July 2026, classified by city and primary industry using NAICS/SIC codes. Records cover manufacturers, suppliers and businesses of all sizes. They are not a count of unique companies: one company can have several records (for example one per department or location), and some records are duplicates. That affects large companies most, so treat raw totals as an upper bound and rely on the ranks, shares and comparisons, which it affects much less. These are directory totals, not official census figures. Percentages are computed against the Maryland directory total; size shares use records with a known employee count. Data compiled by Factur, a sales and marketing firm for B2B manufacturers.

Looking for a specific industry in Maryland? Browse the Maryland directory → or contact us for a custom data pull.