Utilities ·NAICS 221116

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

Utilities — Industry Benchmarks

Profit margins, payroll, employment, and SBA lending for Utilities (NAICS 221116). Cross-checked against IRS SOI 2023 and Census County Business Patterns. Refreshed as new data lands.

Utilities (NAICS 221116) does not have profit margin data available in the current IRS SOI release. Census Bureau data identifies 48 business establishments employing 1,565 workers nationwide.

Benchmarking Insights for Utilities

When you read the financial profile for Utilities, the number only becomes actionable when paired with scale. This industry sits inside the broader Utilities 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 48 active establishments employing 1,565 workers, averaging 32.6 employees per location and paying $127,334/yr per employee annually. Utah leads the geographic distribution of employment. 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 1 loans worth $0 million between FY2020 and FY2025, supporting 3 jobs at origination. The average ticket size — $150K — signals the typical capital gap operators bridge when expanding. First Bank of the Lake 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

1,565

Total employees (Census CBP)

Avg Payroll / Employee

$127,334/yr

Annual compensation

Establishments

48

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)
$199.3M
Avg Employees per Establishment
32.6

Top States by Employment

State Employment
Utah 72

SBA Lending Activity

FY2020–2025

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

SBA Loans Approved

1

FY2020–2025

Total Loan Volume

$0M

7(a) + 504 programs

Avg Loan Size

$150K

Per approved loan

Jobs Supported

3

Reported at origination

Program Breakdown

7(a) Loans 1 loans (100%)
504 Loans 0 loans (0%)

Top SBA Lender

First Bank of the Lake

1 loans in this industry

New Business Share

0.0% 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 Utilities?
Revenue data for Utilities (NAICS 221116) is not available in the current IRS SOI dataset.
How profitable is Utilities?
Profitability data for Utilities is not available in the current dataset.
How many businesses are in Utilities?
There are 48 business establishments in Utilities (NAICS 221116) according to Census Bureau County Business Patterns 2023 data. These establishments collectively employ 1,565 workers.
What is the average payroll per employee in Utilities?
The average annual payroll per employee in Utilities is $127,334/yr, based on Census Bureau County Business Patterns data. Businesses in this industry average 32.6 employees per establishment. This figure includes wages, salaries, and benefits reported by employers.
Which states have the most Utilities employment?
Utah leads in Utilities employment with 72 workers. These figures come from the Census Bureau County Business Patterns 2023 survey.
How much SBA lending does Utilities receive?
Utilities businesses received 1 SBA loans totaling $0 million between FY2020 and FY2025. The average loan size was $150K. These loans supported 3 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 221116 · 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