Mining, Quarrying, and Oil and Gas Extraction ·NAICS 212322

2026 data Public-data reference. IRS SOI · Census CBP · 2023 Unknown margin

Mining, Quarrying, and Oil and Gas Extraction — Industry Benchmarks

Profit margins, payroll, employment, and SBA lending for Mining, Quarrying, and Oil and Gas Extraction (NAICS 212322). Cross-checked against IRS SOI 2023 and Census County Business Patterns. Refreshed as new data lands.

Mining, Quarrying, and Oil and Gas Extraction (NAICS 212322) does not have profit margin data available in the current IRS SOI release. Census Bureau data identifies 216 business establishments employing 6,668 workers nationwide.

Benchmarking Insights for Mining, Quarrying, and Oil and Gas Extraction

When you read the financial profile for Mining, Quarrying, and Oil and Gas Extraction, the number only becomes actionable when paired with scale. This industry sits inside the broader Mining, Quarrying, and Oil and Gas Extraction sector and reports N/A of aggregate annual receipts. Owners comparing their own books should read the margin as a midpoint — smaller operators typically run several points below the aggregate because fixed overhead (rent, software, insurance) consumes a larger share of lower revenue bases. Treat the industry figure as a ceiling calibrated by businesses that have already achieved operating leverage.

Labor economics tell the second half of the story. Census CBP shows 216 active establishments employing 6,668 workers, averaging 30.9 employees per location. Texas leads the geographic distribution of employment, with Pennsylvania and Michigan rounding out the top three concentrations. Headcount density matters because thin-margin industries only clear the cash-flow bar when establishments reach the staffing level where fixed costs amortize — a useful cross-check against the margin line above.

Capital access is the third lens. SBA 7(a) and 504 approvals for this industry totaled 2 loans worth $5 million between FY2020 and FY2025, supporting 35 jobs at origination. The average ticket size — $2661K — signals the typical capital gap operators bridge when expanding. Stone Bank ranks as the most active SBA lender serving this NAICS code. Use this alongside the IRS and Census figures to decide whether your own plan should target operational efficiency, workforce expansion, or financed growth.

Profit Margin

N/A

Net income ÷ total receipts (IRS SOI)

Total Receipts

N/A

Annual revenue (IRS SOI)

Net Income

N/A

Pre-tax net income

Employment

6,668

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

216

Business locations

Workforce scale

Establishment-size distribution and per-establishment headcount based on Census Statistics of US Businesses (SUSB) typical strata.

Financial Detail

Total Tax Returns Filed
N/A
Total Deductions
N/A
Avg Receipts per Business
N/A
Annual Payroll (Total)
N/A
Avg Employees per Establishment
30.9

Top States by Employment

State Employment
Texas 2,030
Pennsylvania 97
Michigan 57

Showing top 10 of 22 states

SBA Lending Activity

FY2020–2025

Small Business Administration 7(a) and 504 loan data for this industry. Source: SBA FOIA dataset.

SBA Loans Approved

2

FY2020–2025

Total Loan Volume

$5M

7(a) + 504 programs

Avg Loan Size

$2661K

Per approved loan

Jobs Supported

35

Reported at origination

Program Breakdown

7(a) Loans 2 loans (100%)
504 Loans 0 loans (0%)

Top SBA Lender

Stone Bank

1 loans in this industry

New Business Share

100.0% of borrowers were new/startup businesses

Source: SBA 7(a) and 504 FOIA dataset · FY2020–FY2025 · View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Mining, Quarrying, and Oil and Gas Extraction?
Revenue data for Mining, Quarrying, and Oil and Gas Extraction (NAICS 212322) is not available in the current IRS SOI dataset.
How profitable is Mining, Quarrying, and Oil and Gas Extraction?
Profitability data for Mining, Quarrying, and Oil and Gas Extraction is not available in the current dataset.
How many businesses are in Mining, Quarrying, and Oil and Gas Extraction?
There are 216 business establishments in Mining, Quarrying, and Oil and Gas Extraction (NAICS 212322) according to Census Bureau County Business Patterns 2023 data. These establishments collectively employ 6,668 workers.
What is the average payroll per employee in Mining, Quarrying, and Oil and Gas Extraction?
Average payroll data for Mining, Quarrying, and Oil and Gas Extraction is not available in the current Census CBP dataset.
Which states have the most Mining, Quarrying, and Oil and Gas Extraction employment?
Texas leads in Mining, Quarrying, and Oil and Gas Extraction employment with 2,030 workers. Pennsylvania (97) and Michigan (57) round out the top three. These figures come from the Census Bureau County Business Patterns 2023 survey.
How much SBA lending does Mining, Quarrying, and Oil and Gas Extraction receive?
Mining, Quarrying, and Oil and Gas Extraction businesses received 2 SBA loans totaling $5 million between FY2020 and FY2025. The average loan size was $2661K. These loans supported 35 jobs at origination. Most lending (100%) came through the SBA 7(a) program.
Disclaimer: PlainBizBench provides publicly available IRS and Census data for informational purposes only. This is not financial, tax, or business advice. Consult a qualified accountant or financial advisor for business-specific guidance.

Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023

NAICS 212322 · Data year: 2023

Related

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainBizBench Editorial

Source: U.S. Census Bureau — County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2025