Profit Margin
3.5%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 3115
NAICS 3115 · IRS SOI 2023 · Census CBP
Dairy Product Manufacturing - Industry Benchmarks
$66,106/yr average annual pay, with 274 SBA loans on record for NAICS 3115.
- 3.5%
- Net margin
- 164K
- Workers employed
- $66,106/yr
- Avg payroll / employee
- $170M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 3115
Dairy Product Manufacturing runs a 3.5% pre-tax net margin - below the national median - across 2K establishments employing 164K workers.
- 3.5%
- Pre-tax net margin (IRS SOI)
- 164K
- Workers employed (Census CBP)
- $66,106/yr
- Avg payroll / employee
- $170M
- SBA lending, FY20–26
Benchmarking Insights for Dairy Product Manufacturing
Dairy Product Manufacturing sits inside Manufacturing at a 3.5% net margin (below the national median), $62.8B in aggregate receipts across 1,226 returns, averaging $51.2B per establishment.
1,750 establishments employ 164,416 workers (94.0/location) at $66,106/yr average annual pay. Wisconsin leads employment, followed by California and New York.
Total Receipts
$62.8B
Annual revenue (IRS SOI)
Net Income
$2.2B
Pre-tax net income
Employment
164,416
Total employees (Census CBP)
Avg Payroll / Employee
$66,106/yr
Annual compensation
Establishments
1,750
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 1,821; establishment count increased by 30. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Where each dollar of Dairy Product Manufacturing revenue goes
Workforce scale
Dairy Product Manufacturing margin vs national reference points
Dairy Product Manufacturing net margin 11.5%
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
1,226 returns 100%
Margin: 3.5% · Receipts: $62.8B
Financial Detail
- Total Tax Returns Filed
- 1,226
- Avg Receipts per Business
- $51.2B
- Annual Payroll (Total)
- $10.9B
- Avg Employees per Establishment
- 94.0
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Dairy Product (except Frozen) Manufacturing NAICS 31151 | N/A |
| Ice Cream and Frozen Dessert Manufacturing NAICS 31152 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Wisconsin | 28,286 |
| California | 19,347 |
| New York | 11,391 |
| Texas | 8,231 |
| Pennsylvania | 8,085 |
| Illinois | 5,527 |
| Michigan | 5,264 |
| Idaho | 4,773 |
| Virginia | 2,544 |
| New Jersey | 2,417 |
Showing top 10 of 47 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
274
Total Loan Volume
$170M
Avg Loan Size
$619K
Jobs Supported
5,091
Program Breakdown
7(a) 234 (85%)
504 40 (15%)
Top SBA Lender
The Huntington National Bank
17 loans in this industry
New Business Share
36.1% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 26
2021 32
2022 44
2023 47
2024 61
2025 59
2026 5
Frequently Asked Questions
What is the average revenue for Dairy Product Manufacturing?
$62.8B in total annual receipts across all Dairy Product Manufacturing businesses. Average per business: $51.2B.
How profitable is Dairy Product Manufacturing?
3.5% net profit margin, below the national median.
How many businesses are in Dairy Product Manufacturing?
1,750 business establishments. Together they employ 164,416 workers.
What is the average payroll per employee in Dairy Product Manufacturing?
$66,106/yr average annual pay per employee. Businesses average 94.0 employees per establishment.
Which states have the most Dairy Product Manufacturing employment?
Wisconsin leads with 28,286 workers. California (19,347) and New York (11,391) round out the top three.
How much SBA lending does Dairy Product Manufacturing receive?
Dairy Product Manufacturing businesses received 274 SBA loans totaling $170 million between FY2020 and FY2026. The average loan size was $619K. These loans supported 5,091 jobs at origination. Most lending (85%) 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: Dairy Product Manufacturing reports a higher net margin than 30% of the 126 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 45% 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.
Benchmarking Dairy Product Manufacturing
- Net margin: 3.5% vs sector. Browse Manufacturing
- 1,750 establishments, 164,416 workers. Payroll benchmarks
- 274 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 3115 · 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.