Profit Margin
2.0%
Net income ÷ total receipts (IRS SOI)
Mining, Quarrying, and Oil and Gas Extraction ·NAICS 2123
NAICS 2123 · IRS SOI 2013 (C corp) · Census CBP 2023
Nonmetallic Mineral Mining and Quarrying - Industry Benchmarks
$82,315/yr average annual pay, with 188 SBA loans on record for NAICS 2123.
- 2.0%
- Net margin
- 90K
- Workers employed
- $82,315/yr
- Avg payroll / employee
- $166M
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 2123
Nonmetallic Mineral Mining and Quarrying runs a 2.0% pre-tax net margin - significantly below average, typical of high-volume, low-margin sectors - across 5K establishments employing 90K workers.
- 2.0%
- Pre-tax net margin (IRS SOI)
- 90K
- Workers employed (Census CBP)
- $82,315/yr
- Avg payroll / employee
- $166M
- SBA lending, FY20–26
Use Nonmetallic Mineral Mining and Quarrying's NAICS benchmark as a comparison point, not a forecast for one business.
Nonmetallic Mineral Mining and Quarrying is reported here with financial measures from IRS Statistics of Income and workforce measures from Census County Business Patterns. The page keeps those source systems distinct, shows unavailable fields rather than estimating them, and links the underlying industry context so readers can compare the same NAICS activity before interpreting a margin or payroll figure.
Source: IRS SOI 2013 (C corporation headline) and Census County Business Patterns 2023
Benchmarking Insights for Nonmetallic Mineral Mining and Quarrying
Nonmetallic Mineral Mining and Quarrying sits inside Mining, Quarrying, and Oil and Gas Extraction at a 2.0% net margin (significantly below average, typical of high-volume, low-margin sectors), $27.3B in aggregate receipts across 4,062 returns, averaging $6.7B per establishment.
5,293 establishments employ 90,102 workers (17.0/location) at $82,315/yr average annual pay. Texas leads employment, followed by California and Florida.
Nonmetallic Mineral Mining and Quarrying sits in the 30th percentile for employment and the 16th percentile for net margin among 4-digit NAICS industries with reported data.
Total Receipts
$27.3B
Annual revenue (IRS SOI)
Net Income
$551.4M
Pre-tax net income
Employment
90,102
Total employees (Census CBP)
Avg Payroll / Employee
$82,315/yr
Annual compensation
Establishments
5,293
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 2,317; establishment count increased by 66. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Subscribe to this industry's release updates (RSS)Where each dollar of Nonmetallic Mineral Mining and Quarrying revenue goes
Workforce scale
Nonmetallic Mineral Mining and Quarrying margin vs national reference points
Nonmetallic Mineral Mining and Quarrying net margin 6.7%
Cross-industry median (5%)
p25/median/p75 = 3%/5%/7%
Business Structure Breakdown
Per-entity IRS SOI tables at their own vintages, shares only when every row shares one year (never mix 2013/2017/2022 populations).
C Corporation SOI 2013
4,062 returns 100%
Margin: 2.0% · Receipts: $27.3B
Financial Detail
- Total Tax Returns Filed
- 4,062
- Avg Receipts per Business
- $6.7B
- Annual Payroll (Total)
- $7.4B
- Avg Employees per Establishment
- 17.0
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Other Nonmetallic Mineral Mining and Quarrying NAICS 21239 | N/A |
| Sand, Gravel, Clay, and Ceramic and Refractory Minerals Mining and Quarrying NAICS 21232 | N/A |
| Stone Mining and Quarrying NAICS 21231 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Texas | 9,297 |
| California | 5,392 |
| Florida | 3,455 |
| North Carolina | 3,348 |
| Pennsylvania | 3,319 |
| New York | 3,222 |
| Ohio | 3,102 |
| Missouri | 2,797 |
| Virginia | 2,586 |
| Indiana | 2,544 |
Showing top 10 of 50 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
188
Total Loan Volume
$166M
Avg Loan Size
$882K
Jobs Supported
2,340
Program Breakdown
7(a) 163 (87%)
504 25 (13%)
Top SBA Lender
Northeast Bank
19 loans in this industry
New Business Share
25.0% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 28
2021 40
2022 31
2023 21
2024 25
2025 41
2026 2
Frequently Asked Questions
What is the average revenue for Nonmetallic Mineral Mining and Quarrying?
$27.3B in total annual receipts across all Nonmetallic Mineral Mining and Quarrying businesses. Average per business: $6.7B.
How profitable is Nonmetallic Mineral Mining and Quarrying?
2.0% net profit margin, significantly below average, typical of high-volume, low-margin sectors.
How many businesses are in Nonmetallic Mineral Mining and Quarrying?
5,293 business establishments. Together they employ 90,102 workers.
What is the average payroll per employee in Nonmetallic Mineral Mining and Quarrying?
$82,315/yr average annual pay per employee. Businesses average 17.0 employees per establishment.
Which states have the most Nonmetallic Mineral Mining and Quarrying employment?
Texas leads with 9,297 workers. California (5,392) and Florida (3,455) round out the top three.
How much SBA lending does Nonmetallic Mineral Mining and Quarrying receive?
Nonmetallic Mineral Mining and Quarrying businesses received 188 SBA loans totaling $166 million between FY2020 and FY2026. The average loan size was $882K. These loans supported 2,340 jobs at origination. Most lending (87%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Nonmetallic Mineral Mining and Quarrying, both at NAICS level 4 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Nonmetallic Mineral Mining and Quarrying ranks #181 of 259 U.S. industries at the 4-digit NAICS level by total employment. According to IRS SOI 2013 IRS Statistics of Income, its reported pre-tax net margin ranks #106 of 126 at that same detail level.
Similar reported net margin
Nearest peer industries by ABS(IRS pre-tax margin) (2.0% here).
Similar workforce scale
Nearest peer industries by ABS(Census employment) (90,102 here).
Read with this industry: Understanding profit margins by industry · Mining, Quarrying, and Oil and Gas Extraction · Rankings
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.
Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023
NAICS 2123 · CBP 2023 · IRS SOI 2013
According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.
Read our methodology - how this data is sourced, computed, and verified.
Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023
Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.