Profit Margin
4.0%
Net income ÷ total receipts (IRS SOI)
Construction ·NAICS 2382
NAICS 2382 · IRS SOI 2023 · Census CBP
Building Equipment Contractors - Industry Benchmarks
$75,980/yr average annual pay, with 12,007 SBA loans on record for NAICS 2382.
- 4.0%
- Net margin
- 2.4M
- Workers employed
- $75,980/yr
- Avg payroll / employee
- $5.5B
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 2382
Building Equipment Contractors runs a 4.0% pre-tax net margin - below the national median - across 203K establishments employing 2.4M workers.
- 4.0%
- Pre-tax net margin (IRS SOI)
- 2.4M
- Workers employed (Census CBP)
- $75,980/yr
- Avg payroll / employee
- $5.5B
- SBA lending, FY20–26
Benchmarking Insights for Building Equipment Contractors
Building Equipment Contractors sits inside Construction at a 4.0% net margin (below the national median), $130.2B in aggregate receipts across 76,658 returns, averaging $1.7B per establishment.
202,656 establishments employ 2,381,266 workers (11.8/location) at $75,980/yr average annual pay. California leads employment, followed by Texas and Florida.
Total Receipts
$130.2B
Annual revenue (IRS SOI)
Net Income
$5.2B
Pre-tax net income
Employment
2,381,266
Total employees (Census CBP)
Avg Payroll / Employee
$75,980/yr
Annual compensation
Establishments
202,656
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 109,676; establishment count increased by 3,306. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Where each dollar of Building Equipment Contractors revenue goes
Workforce scale
Building Equipment Contractors margin vs national reference points
Building Equipment Contractors net margin 13.4%
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
76,658 returns 100%
Margin: 4.0% · Receipts: $130.2B
Financial Detail
- Total Tax Returns Filed
- 76,658
- Avg Receipts per Business
- $1.7B
- Annual Payroll (Total)
- $180.9B
- Avg Employees per Establishment
- 11.8
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Electrical Contractors and Other Wiring Installation Contractors NAICS 23821 | N/A |
| Other Building Equipment Contractors NAICS 23829 | N/A |
| Plumbing, Heating, and Air-Conditioning Contractors NAICS 23822 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 259,566 |
| Texas | 223,843 |
| Florida | 173,114 |
| New York | 130,290 |
| North Carolina | 80,695 |
| Pennsylvania | 79,710 |
| Illinois | 79,478 |
| Ohio | 72,555 |
| Georgia | 71,104 |
| Arizona | 64,403 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
12,007
Total Loan Volume
$5.5B
Avg Loan Size
$456K
Jobs Supported
122,984
Program Breakdown
7(a) 10,868 (91%)
504 1,139 (9%)
Top SBA Lender
The Huntington National Bank
1,105 loans in this industry
New Business Share
20.8% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 1,385
2021 1,510
2022 1,551
2023 1,964
2024 2,532
2025 2,713
2026 352
Frequently Asked Questions
What is the average revenue for Building Equipment Contractors?
$130.2B in total annual receipts across all Building Equipment Contractors businesses. Average per business: $1.7B.
How profitable is Building Equipment Contractors?
4.0% net profit margin, below the national median.
How many businesses are in Building Equipment Contractors?
202,656 business establishments. Together they employ 2,381,266 workers.
What is the average payroll per employee in Building Equipment Contractors?
$75,980/yr average annual pay per employee. Businesses average 11.8 employees per establishment.
Which states have the most Building Equipment Contractors employment?
California leads with 259,566 workers. Texas (223,843) and Florida (173,114) round out the top three.
How much SBA lending does Building Equipment Contractors receive?
Building Equipment Contractors businesses received 12,007 SBA loans totaling $5.5 billion between FY2020 and FY2026. The average loan size was $456K. These loans supported 122,984 jobs at origination. Most lending (91%) 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: Building Equipment Contractors reports a higher net margin than 39% of the 126 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 97% 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.
- Individual and Family Services 2,234,072
- Services to Buildings and Dwellings 2,156,568
- Depository Credit Intermediation 2,072,993
Benchmarking Building Equipment Contractors
- Net margin: 4.0% vs sector. Browse Construction
- 202,656 establishments, 2,381,266 workers. Payroll benchmarks
- 12,007 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 2382 · 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.