Utilities ·NAICS 2211

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

Utilities — Industry Benchmarks

Profit margins, payroll, employment, and SBA lending for Utilities (NAICS 2211). Cross-checked against IRS SOI 2023 and Census County Business Patterns. Refreshed as new data lands.

Utilities (NAICS 2211) operates at a 0.0% net profit margin, significantly below average, typical of high-volume, low-margin sectors. The industry generates $176.6B in total annual receipts across all business entities filing federal tax returns. Census Bureau data identifies 12,735 business establishments employing 519,711 workers nationwide.

The average employee earns $133,287/yr in annual compensation, while the typical business in this industry generates $352.5B in revenue. Businesses average 40.8 employees per establishment. Texas leads in employment concentration for this industry.

Benchmarking Insights for Utilities

When you read the 0.0% net profit margin for Utilities, the number only becomes actionable when paired with scale. This industry sits inside the broader Utilities sector and reports $176.6B of aggregate annual receipts across 501 federal tax returns. 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, while the typical establishment here generates $352.5B per year. 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 12,735 active establishments employing 519,711 workers, averaging 40.8 employees per location and paying $133,287/yr per employee annually. Texas leads the geographic distribution of employment, with New York and Florida 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 227 loans worth $140 million between FY2020 and FY2025, supporting 2,863 jobs at origination. The average ticket size — $619K — signals the typical capital gap operators bridge when expanding. Wells Fargo Bank National Association 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

0.0%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$176.6B

Annual revenue (IRS SOI)

Net Income

$16.1M

Pre-tax net income

Employment

519,711

Total employees (Census CBP)

Avg Payroll / Employee

$133,287/yr

Annual compensation

Establishments

12,735

Business locations

Where each dollar of revenue goes

Decomposition of every dollar of Utilities receipts using IRS SOI 2023 aggregate ratios.

Workforce scale

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

Margin position vs national reference points

Utilities net margin 0.0%
US median (10%)

Plotted against a 0–30% scale. The US business p25 / median / p75 reference points are 5% / 10% / 18% respectively (IRS SOI aggregate).

Business Structure Breakdown

How businesses in this industry are legally structured (IRS SOI)

C Corporation
501 returns 100%

Margin: 0.0% · Receipts: $176.6B

Financial Detail

Total Tax Returns Filed
501
Total Deductions
N/A
Avg Receipts per Business
$352.5B
Annual Payroll (Total)
$69.3B
Avg Employees per Establishment
40.8

Sub-Industries

Industry Profit Margin
Utilities

NAICS 22111

N/A
Utilities

NAICS 22112

N/A

Top States by Employment

State Employment
Texas 40,291
New York 35,244
Florida 25,073
Alaska 1,793

Showing top 10 of 51 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

227

FY2020–2025

Total Loan Volume

$140M

7(a) + 504 programs

Avg Loan Size

$619K

Per approved loan

Jobs Supported

2,863

Reported at origination

Program Breakdown

7(a) Loans 202 loans (89%)
504 Loans 25 loans (11%)

Top SBA Lender

Wells Fargo Bank National Association

20 loans in this industry

New Business Share

36.1% of borrowers were new/startup businesses

Annual Lending Trend

FY2020
18 loans
FY2021
42 loans
FY2022
40 loans
FY2023
26 loans
FY2024
50 loans
FY2025
47 loans
FY2026
4 loans

SBA fiscal year runs Oct–Sep. FY2025 = partial year through Sep 2025.

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

Frequently Asked Questions

What is the average revenue for Utilities?
The Utilities industry (NAICS 2211) reports total annual receipts of $176.6B across all business entities, based on IRS Statistics of Income data. The average revenue per business is $352.5B.
How profitable is Utilities?
Utilities has a net profit margin of 0.0%, which is significantly below average, typical of high-volume, low-margin sectors. This is calculated as net income divided by total receipts from IRS SOI business tax statistics.
How many businesses are in Utilities?
There are 12,735 business establishments in Utilities (NAICS 2211) according to Census Bureau County Business Patterns 2023 data. These establishments collectively employ 519,711 workers.
What is the average payroll per employee in Utilities?
The average annual payroll per employee in Utilities is $133,287/yr, based on Census Bureau County Business Patterns data. Businesses in this industry average 40.8 employees per establishment. This figure includes wages, salaries, and benefits reported by employers.
Which states have the most Utilities employment?
Texas leads in Utilities employment with 40,291 workers. New York (35,244) and Florida (25,073) round out the top three. These figures come from the Census Bureau County Business Patterns 2023 survey.
How much SBA lending does Utilities receive?
Utilities businesses received 227 SBA loans totaling $140 million between FY2020 and FY2025. The average loan size was $619K. These loans supported 2,863 jobs at origination. Most lending (89%) 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 2211 · 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