6 Revenue Summary

By primary gear, scallop dredge vessels have the highest mean and median revenues, followed by trawl vessels and longline vessels (mean only). These gear types are utilized in many of the highest grossing fisheries in the Northeast region including sea scallops, squid, and groundfish (NMFS 2024). Pot/trap has the fourth highest values, followed by gillnet and handgear. For a number of gear groups, mean values greatly exceed median values, indicating skewness in the distribution to the right. This skewness indicates that vessel revenues that are far from the median within a gear group are more associated with high revenues than low revenues For scallop dredge, the distribution is slightly skewed to the left.

Table 6.1: Revenue by Primary Gear
Gear	Response	Sample	Response (%)	Mean	Median	Standard Deviation
Gillnet	9	89	10%	$125,915	$111,515	$103,932
Handgear	53	365	15%	$30,947	$12,789	$86,192
Longline	4	24	17%	$229,915	C*	C*
Pot/Trap	158	1347	12%	$209,817	$144,308	$266,813
Scallop Dredge	28	219	13%	$905,982	$993,348	$704,579
Trawl	26	190	14%	$762,512	$636,913	$745,241
Note:
C* indicates data not presented to protect confidentiality

Boxplot by primary gear showing median, Q1, and Q3 revenue values with whiskers extended to the inter-quartile range (Q3-Q1) multiplied by 1.5. All gear groups with at least five responding vessels are included in the plot. Median, Q1, and Q3 values are highest for the scallop dredge group, followed by trawl, pot/trap, gillnet, and handgear.

Figure 6.1: Distribution of Revenue by Primary Gear

By FMP; scallop, squid/mackerel/butterfish, and groundfish have the highest mean vessel-level revenues. However the median value for scallop vessels is considerably higher than all other fisheries. The two highest revenue generating fisheries in the Northeast region during 2022 were lobster and scallop, though the vessel-level mean and medians highlight the differences in these fishing fleets. Median scallop vessel revenues are more than 6x lobster revenues, which is most likely driven by the number of lobster fleet vessels which is considerably more vessels than the scallop fleet.

Table 6.2: Revenue by Primary Fishery
Fishery	Response	Sample	Response (%)	Mean	Median	Standard Deviation
Channeled Whelk	3	23	13%	$90,499	C*	C*
Dogfish	3	22	14%	$48,828	C*	C*
Groundfish	7	52	13%	$806,754	$513,837	$949,888
Herring	4	6	67%	$566,354	C*	C*
Highly Migratory Species	34	196	17%	$62,369	$14,186	$133,100
Lobster	151	1274	12%	$215,461	$146,156	$270,461
Monkfish	3	20	15%	$103,156	C*	C*
Scallop	28	227	12%	$905,982	$993,348	$704,579
Squid, Mackerel, Butterfish	9	60	15%	$895,101	$655,878	$936,872
Striped Bass	12	65	18%	$17,744	$5,853	$35,688
Summer Flounder, Scup, Black Sea Bass	24	135	18%	$212,722	$30,484	$319,612
Note:
C* indicates data not presented to protect confidentiality

Boxplot by primary fishery showing median, Q1, and Q3 revenue values with whiskers extended to the inter-quartile range (Q3-Q1) multiplied by 1.5. All fishery groups with at least five responding vessels are included in the plot. Fisheries with generally high values (median, Q1, Q3) include groundfish, scallop, and squid, mackerel, butterfish. The lowest values are present in the highly migratory species and striped bass fisheries, with intermediate values in the lobster and summer flounder, scup, black sea bass fisheries.

Figure 6.2: Distribution of Revenue by Primary Fishery

When primary gear and FMP are combined, trawl-groundfish has the highest mean revenue per vessel, while scallop dredge-scallop has the highest median revenue. Within primary gear types, a considerable difference in revenues is found across fisheries. For example, mean and median values for lobster pot/trap vessels are roughly twice those values for fluke, black sea bass, and scup pot/trap vessels. Squid trawl vessels have more than twice the mean and median revenues than fluke, black sea bass, and scup trawl vessels.

Table 6.3: Revenue by Primary Gear/Fishery
Gear-Fishery	Response	Sample	Response (%)	Mean	Median	Standard Deviation
Gillnet-Monkfish	3	20	15%	$103,156	C*	C*
Gillnet-Other	6	69	9%	$137,295	$90,949	$124,029
Handgear-Highly Migratory Species	31	184	17%	$40,117	$12,910	$111,247
Handgear-Other	3	71	4%	$45,417	C*	C*
Handgear-Striped Bass	10	54	19%	$7,178	$3,099	$8,146
Handgear-Summer Flounder, Scup, BSB	9	56	16%	$20,946	$20,731	$16,248
Longline-Highly Migratory Species	3	10	30%	$292,312	C*	C*
Pot/Trap-Lobster	149	1268	12%	$215,586	$146,156	$272,043
Pot/Trap-Summer Flounder, Scup, BSB	6	23	26%	$126,222	$72,044	$145,203
Pot/Trap-Whelk	3	23	13%	$90,499	C*	C*
Scallop Dredge-Scallop	28	215	13%	$905,982	$993,348	$704,579
Trawl-Groundfish	5	41	12%	$1,065,128	$563,972	$1,027,055
Trawl-Other	4	40	10%	$573,364	C*	C*
Trawl-Squid, Mackerel, Butterfish	8	53	15%	$1,005,839	$744,547	$936,475
Trawl-Summer Flounder, Scup, BSB	9	56	16%	$462,166	$305,512	$404,053
Note:
C* indicates data not presented to protect confidentiality

Boxplot by primary gear/fishery showing median, Q1, and Q3 revenue values with whiskers extended to the inter-quartile range (Q3-Q1) multiplied by 1.5. All gear/fishery groups with at least five responding vessels are included in the plot. The results compare values for different fisheries within the handgear, pot/trap, and trawl gear groups. There is considerable variability within gear groups. For example, summer flounder, scup, black sea bass trawl vessels have lower values (median, Q1, Q3) than trawl vessels from the groundfish and squid, mackerel, butterfish fisheries.Pot/trap vessels in the lobster fishery have higher values than those from the summer flounder, scup, black sea bass fishery. Handgear vessels are less variable across fisheries, with all three fisheries (highly migratory species, striped bass, summer flounder, scup, black sea bass) showing low values.

Figure 6.3: Distribution of Revenue by Primary Gear/Fishery

Of note, revenues are available for all commercial fishing vessels in the Northeast region, not only for those which responded to the Cost Survey. When comparing revenues for responding vessels to the entire survey sampling frame, similar trends are apparent by fishing fleet. For example, scallop dredge and trawl vessels have the highest mean vessel-level revenues across the entire sampling frame. By fishery, scallop, squid/mackerel/butterfish, and groundfish have the highest mean vessel-level revenues. Additionally details on other sources of data are included in the Discussion chapter.