The 14 Most Popular Gun Makers in the World

By Sam Stebbins Updated Oct 27, 5:36PM EDT · Published Oct 27, 10:20AM EDT

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The 14 Most Popular Gun Makers in the World — © Brian Blanco / Getty Images News via Getty Images

Guns and ammunition are a multi-billion dollar industry in the United States. The only country in the world with more guns than people, the U.S. is home to over 3,200 federally licensed gunmakers – and demand for their products generated an estimated $80.7 billion in economic output in 2022 alone, according to the National Shooting Sports Foundation.

Still, like many sectors of the economy, the firearm industry is dominated by only a handful of gunmakers with large-scale production operations. These companies not only market their products to civilians, but many also have lucrative government contracts, selling both handguns and long guns to militaries and law enforcement agencies around the world — and bringing in hundreds of millions of dollars in revenue each year.

Using data compiled by career site Zippia and the Bureau of Alcohol, Tobacco, Firearms, and Explosives, 24/7 Wall St. identified the world’s largest gun manufacturers. The brands on this list are ranked by revenue for the most recent year of available data. In cases where revenue figures were not available in financial disclosures filed with the Securities and Exchange Commission, we used figures reported by Zippia or estimates provided by other private entities.

Only companies with at least one U.S. manufacturing facility and annual revenue exceeding $50 million were considered.

Of the 14 firearm brands on this list, nine are American companies. The foreign gunmakers on this list, including Beretta, Glock, Heckler and Koch, are mostly European, though one brand on this list, Taurus, has its global headquarters in South America. Still, even brands with foreign headquarters manufactured thousands of firearms within the United States in 2021 alone. (Here is a look at the companies selling the most guns online.)

Among the five largest firearm brands on this list by revenue — with annual revenues ranging from $355 million to $950 million — three are American. These brands include Ruger and Remington, the names behind, respectively, the 10/22 rifle and 870 shotgun — two of the most popular firearms in the world. (Here is a look at America’s 10 most popular semi-automatic rifles, and how much they cost.)

Here are the world’s biggest gun manufacturers.

14. Glock
> Annual revenue, 2022: $66.1 million
> Domestically made firearms in 2021: 581,944
> Founded in: 1963
> Headquarters: Deutsch-Wagram, Austria

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13. Kimber
> Annual revenue, 2022 (est.): $89.7 million
> Domestically made firearms in 2021: 294,750
> Founded in: 1979
> Headquarters: Troy, Alabama

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12. Savage Arms
> Annual revenue, 2022: $106.4 million
> Domestically made firearms in 2021: 406,867
> Founded in: 1894
> Headquarters: Westfield, Massachusetts

Modify your Mossberg 500. Link... by Mesa Tactical

Modify your Mossberg 500. Link... (CC BY 2.0) by Mesa Tactical

11. O.F. Mossberg & Sons
> Annual revenue, 2022: $160.0 million
> Domestically made firearms in 2021: 492,444 (incl. Maverick Arms)
> Founded in: 1919
> Headquarters: North Haven, Connecticut

10. Springfield Armory, Inc.
> Annual revenue, 2022: $222.2 million
> Domestically made firearms in 2021: 590,750
> Founded in: 1974
> Headquarters: Geneseo, Illinois

9. Heckler and Koch
> Annual revenue, 2021: $244.9 million
> Domestically made firearms in 2021: 10,971
> Founded in: 1948
> Headquarters: Oberndorf am Neckar, Germany

8. Colt
> Annual revenue, 2022: $270.9 million
> Domestically made firearms in 2021: 151,771
> Founded in: 1846
> Headquarters: West Hartford, Connecticut

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7. FN Herstal
> Annual revenue, 2022: $271.46 million
> Domestically made firearms in 2021: 169,407
> Founded in: 1889
> Headquarters: Herstal, Belgium

6. SIG Sauer
> Annual revenue, 2022: $314.4 million
> Domestically made firearms in 2021: 1,294,185
> Founded in: 1976
> Headquarters: Newington, New Hampshire

5. Taurus
> Annual revenue, 2022: $355.0 million
> Domestically made firearms in 2021: 290,780
> Founded in: 1939
> Headquarters: Sao Leopoldo, Brazil

Three rimfire pistols (CC BY-SA 2.0) by Mitch Barrie

4. Ruger
> Annual revenue, 2022: $595.8 million
> Domestically made firearms in 2021: 2,078,013
> Founded in: 1949
> Headquarters: Southport, Connecticut

Beretta 92FS (right) (CC BY-SA 2.0) by storem

3. Beretta
> Annual revenue, 2022: $734.4 million
> Domestically made firearms in 2021: 155,352
> Founded in: 1526
> Headquarters: Gardone Val Trompia, Italy

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2. Smith & Wesson
> Annual revenue, 2022: $864.1 million
> Domestically made firearms in 2021: 2,317,792
> Founded in: 1852
> Headquarters: Springfield, Massachusetts

My Police 870 (CC BY-SA 2.0) by Mitch Barrie

1. Remington
> Annual revenue, 2022: $950.0 million
> Domestically made firearms in 2021: 86,594
> Founded in: 1816
> Headquarters: LaGrange, Georgia

About the Author Sam Stebbins →

Sam Stebbins is a writer at a673b.bigscoots-temp.com where his primary focus is on government policy, politics, companies, and broad social and economic trends. Sam has been writing in the money and news verticals for over 8 years and holds a bachelor's degree from Hobart College, which he earned in 2010. Sam resides in upstate New York and enjoys hiking, biking, canoeing, and skiing in the Adirondack Mountains and across the Northeast.