Profit Margin
4.3%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 3118
NAICS 3118 · IRS SOI 2023 · Census CBP
Bakeries and Tortilla Manufacturing - Industry Benchmarks
$46,744/yr average annual pay, with 1,839 SBA loans on record for NAICS 3118.
- 4.3%
- Net margin
- 318K
- Workers employed
- $46,744/yr
- Avg payroll / employee
- $900M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 3118
Bakeries and Tortilla Manufacturing runs a 4.3% pre-tax net margin - below the national median - across 14K establishments employing 318K workers.
- 4.3%
- Pre-tax net margin (IRS SOI)
- 318K
- Workers employed (Census CBP)
- $46,744/yr
- Avg payroll / employee
- $900M
- SBA lending, FY20–26
Benchmarking Insights for Bakeries and Tortilla Manufacturing
Bakeries and Tortilla Manufacturing sits inside Manufacturing at a 4.3% net margin (below the national median), $49.4B in aggregate receipts across 3,572 returns, averaging $13.8B per establishment.
13,577 establishments employ 318,225 workers (23.4/location) at $46,744/yr average annual pay. California leads employment, followed by Texas and Illinois.
Total Receipts
$49.4B
Annual revenue (IRS SOI)
Net Income
$2.1B
Pre-tax net income
Employment
318,225
Total employees (Census CBP)
Avg Payroll / Employee
$46,744/yr
Annual compensation
Establishments
13,577
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 13,493; establishment count increased by 367. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Where each dollar of Bakeries and Tortilla Manufacturing revenue goes
Workforce scale
Bakeries and Tortilla Manufacturing margin vs national reference points
Bakeries and Tortilla Manufacturing net margin 14.2%
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
3,572 returns 100%
Margin: 4.3% · Receipts: $49.4B
Financial Detail
- Total Tax Returns Filed
- 3,572
- Avg Receipts per Business
- $13.8B
- Annual Payroll (Total)
- $14.9B
- Avg Employees per Establishment
- 23.4
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Bread and Bakery Product Manufacturing NAICS 31181 | N/A |
| Cookie, Cracker, and Pasta Manufacturing NAICS 31182 | N/A |
| Tortilla Manufacturing NAICS 31183 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 39,695 |
| Texas | 22,738 |
| Illinois | 20,623 |
| New York | 20,451 |
| New Jersey | 15,523 |
| Georgia | 13,227 |
| Ohio | 11,766 |
| Florida | 11,526 |
| North Carolina | 10,496 |
| Indiana | 9,346 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
1,839
Total Loan Volume
$900M
Avg Loan Size
$489K
Jobs Supported
27,566
Program Breakdown
7(a) 1,680 (91%)
504 159 (9%)
Top SBA Lender
The Huntington National Bank
188 loans in this industry
New Business Share
44.4% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 191
2021 271
2022 264
2023 334
2024 325
2025 405
2026 49
Frequently Asked Questions
What is the average revenue for Bakeries and Tortilla Manufacturing?
$49.4B in total annual receipts across all Bakeries and Tortilla Manufacturing businesses. Average per business: $13.8B.
How profitable is Bakeries and Tortilla Manufacturing?
4.3% net profit margin, below the national median.
How many businesses are in Bakeries and Tortilla Manufacturing?
13,577 business establishments. Together they employ 318,225 workers.
What is the average payroll per employee in Bakeries and Tortilla Manufacturing?
$46,744/yr average annual pay per employee. Businesses average 23.4 employees per establishment.
Which states have the most Bakeries and Tortilla Manufacturing employment?
California leads with 39,695 workers. Texas (22,738) and Illinois (20,623) round out the top three.
How much SBA lending does Bakeries and Tortilla Manufacturing receive?
Bakeries and Tortilla Manufacturing businesses received 1,839 SBA loans totaling $900 million between FY2020 and FY2026. The average loan size was $489K. These loans supported 27,566 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: Bakeries and Tortilla Manufacturing reports a higher net margin than 40% of the 126 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 66% 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 Bakeries and Tortilla Manufacturing
- Net margin: 4.3% vs sector. Browse Manufacturing
- 13,577 establishments, 318,225 workers. Payroll benchmarks
- 1,839 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 3118 · 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.