Construction ·NAICS 237120

NAICS 237120 · IRS SOI (C corp) · Census CBP 2023

Oil and Gas Pipeline and Related Structures Construction - Industry Benchmarks

$88,525/yr average annual pay, with 50 SBA loans on record for NAICS 237120.

3.4%
Construction sector margin
168K
Workers employed
$88,525/yr
Avg payroll / employee
$39M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 237120

Texas leads Oil and Gas Pipeline and Related Structures Construction activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Construction sector runs a 3.4% net margin.

3.4%
Construction sector margin (IRS SOI)
168K
Workers employed (Census CBP)
$88,525/yr
Avg payroll / employee
$39M
SBA lending, FY20–26

Use Oil and Gas Pipeline and Related Structures Construction's NAICS benchmark as a comparison point, not a forecast for one business.

Oil and Gas Pipeline and Related Structures Construction 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 (C corporation headline) and Census County Business Patterns 2023

Benchmarking Insights for Oil and Gas Pipeline and Related Structures Construction

Oil and Gas Pipeline and Related Structures Construction sits inside Construction, a sector that runs a 3.4% net margin overall.

2,156 establishments employ 167,820 workers (77.8/location) at $88,525/yr average annual pay. Texas leads employment, followed by California and Oklahoma.

Oil and Gas Pipeline and Related Structures Construction sits in the 82nd percentile for employment among 6-digit NAICS industries with reported data.

Employment

167,820

Total employees (Census CBP)

Avg Payroll / Employee

$88,525/yr

Annual compensation

Establishments

2,156

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 8,060; establishment count decreased by 10. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Workforce scale

Financial Detail

Annual Payroll (Total)
$14.9B
Avg Employees per Establishment
77.8

Top States by Employment

State Employment
Texas 53,681
California 7,377
Oklahoma 5,833
Ohio 3,894
Colorado 3,256
New Mexico 2,452
West Virginia 1,920
Washington 1,859
New Jersey 1,293
Kentucky 975

Showing top 10 of 50 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

50

Total Loan Volume

$39M

Avg Loan Size

$789K

Jobs Supported

1,236

Program Breakdown

7(a) 49 (98%)
504 1 (2%)

Top SBA Lender

The Huntington National Bank

8 loans in this industry

New Business Share

28.0% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
11
2021
5
2022
4
2023
8
2024
13
2025
8
2026
1

View SBA lending rankings →

Frequently Asked Questions

How profitable is Oil and Gas Pipeline and Related Structures Construction?
IRS SOI doesn't publish margin data at the NAICS 237120 level. Texas leads this industry nationally. The broader Construction sector runs a 3.4% net margin (IRS SOI 2013 C corp).
How many businesses are in Oil and Gas Pipeline and Related Structures Construction?
2,156 business establishments. Together they employ 167,820 workers.
What is the average payroll per employee in Oil and Gas Pipeline and Related Structures Construction?
$88,525/yr average annual pay per employee. Businesses average 77.8 employees per establishment.
Which states have the most Oil and Gas Pipeline and Related Structures Construction employment?
Texas leads with 53,681 workers. California (7,377) and Oklahoma (5,833) round out the top three.
How much SBA lending does Oil and Gas Pipeline and Related Structures Construction receive?
Oil and Gas Pipeline and Related Structures Construction businesses received 50 SBA loans totaling $39 million between FY2020 and FY2026. The average loan size was $789K. These loans supported 1,236 jobs at origination. Most lending (98%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Oil and Gas Pipeline and Related Structures Construction, both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.

According to Census County Business Patterns 2023, Oil and Gas Pipeline and Related Structures Construction ranks #144 of 801 U.S. industries at the 6-digit NAICS level by total employment.

Read with this industry: Industry employment trends · Construction · 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 237120 · CBP 2023 · IRS SOI

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.