Profit Margin
2.0%
Net income ÷ total receipts (IRS SOI)
Mining, Quarrying, and Oil and Gas Extraction ·NAICS 2123
NAICS 2123 · IRS SOI 2023 · Census CBP
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 July 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
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.
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.
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%/8%
Business Structure Breakdown
How businesses in this industry are legally structured (IRS SOI)
C Corporation
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.
Comparable industry benchmarks
These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.
How this ranks: Nonmetallic Mineral Mining and Quarrying reports a higher net margin than 16% of the 126 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 30% of that same 259-industry cohort. Calculated by ranking this industry's reported value against every other industry at the same NAICS digit-level, not the whole dataset: comparing a 6-digit detail industry to a 2-digit sector would mix incompatible scales.
Closest reported net margins
Same NAICS detail level, ordered by the smallest difference in reported IRS pre-tax margin.
Closest workforce scale
Same NAICS detail level, ordered by the smallest difference in reported Census employment.
Benchmarking Nonmetallic Mineral Mining and Quarrying
- Net margin: 2.0% vs sector. Browse Mining, Quarrying, and Oil and Gas Extraction
- 5,293 establishments, 90,102 workers. Payroll benchmarks
- 188 SBA loans on record. SBA lending 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 · Data year: 2023
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.