Profit Margin
8.0%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 3121
NAICS 3121 · IRS SOI 2023 · Census CBP
Beverage Manufacturing - Industry Benchmarks
$57,553/yr average annual pay, with 2,375 SBA loans on record for NAICS 3121.
- 8.0%
- Net margin
- 280K
- Workers employed
- $57,553/yr
- Avg payroll / employee
- $1.6B
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 3121
Beverage Manufacturing runs a 8.0% pre-tax net margin - in line with the national median - across 12K establishments employing 280K workers.
- 8.0%
- Pre-tax net margin (IRS SOI)
- 280K
- Workers employed (Census CBP)
- $57,553/yr
- Avg payroll / employee
- $1.6B
- SBA lending, FY20–26
Benchmarking Insights for Beverage Manufacturing
Beverage Manufacturing sits inside Manufacturing at a 8.0% net margin (in line with the national median), $34.7B in aggregate receipts across 2,584 returns, averaging $13.4B per establishment.
12,452 establishments employ 279,743 workers (22.5/location) at $57,553/yr average annual pay. California leads employment, followed by Texas and Pennsylvania.
Total Receipts
$34.7B
Annual revenue (IRS SOI)
Net Income
$2.8B
Pre-tax net income
Employment
279,743
Total employees (Census CBP)
Avg Payroll / Employee
$57,553/yr
Annual compensation
Establishments
12,452
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 11,006; establishment count increased by 212. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Where each dollar of Beverage Manufacturing revenue goes
Workforce scale
Beverage Manufacturing margin vs national reference points
Beverage Manufacturing net margin 26.7%
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
2,584 returns 100%
Margin: 8.0% · Receipts: $34.7B
Financial Detail
- Total Tax Returns Filed
- 2,584
- Avg Receipts per Business
- $13.4B
- Annual Payroll (Total)
- $16.1B
- Avg Employees per Establishment
- 22.5
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Breweries NAICS 31212 | N/A |
| Distilleries NAICS 31214 | N/A |
| Soft Drink and Ice Manufacturing NAICS 31211 | N/A |
| Wineries NAICS 31213 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 59,585 |
| Texas | 17,840 |
| Pennsylvania | 14,181 |
| New York | 12,522 |
| Florida | 11,572 |
| North Carolina | 9,875 |
| Washington | 9,361 |
| Kentucky | 9,088 |
| Ohio | 9,020 |
| Virginia | 8,961 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
2,375
Total Loan Volume
$1.6B
Avg Loan Size
$685K
Jobs Supported
30,715
Program Breakdown
7(a) 1,946 (82%)
504 429 (18%)
Top SBA Lender
The Huntington National Bank
94 loans in this industry
New Business Share
39.6% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 399
2021 485
2022 417
2023 382
2024 323
2025 327
2026 42
Frequently Asked Questions
What is the average revenue for Beverage Manufacturing?
$34.7B in total annual receipts across all Beverage Manufacturing businesses. Average per business: $13.4B.
How profitable is Beverage Manufacturing?
8.0% net profit margin, in line with the national median.
How many businesses are in Beverage Manufacturing?
12,452 business establishments. Together they employ 279,743 workers.
What is the average payroll per employee in Beverage Manufacturing?
$57,553/yr average annual pay per employee. Businesses average 22.5 employees per establishment.
Which states have the most Beverage Manufacturing employment?
California leads with 59,585 workers. Texas (17,840) and Pennsylvania (14,181) round out the top three.
How much SBA lending does Beverage Manufacturing receive?
Beverage Manufacturing businesses received 2,375 SBA loans totaling $1.6 billion between FY2020 and FY2026. The average loan size was $685K. These loans supported 30,715 jobs at origination. Most lending (82%) 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: Beverage Manufacturing reports a higher net margin than 72% of the 126 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 61% 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 Beverage Manufacturing
- Net margin: 8.0% vs sector. Browse Manufacturing
- 12,452 establishments, 279,743 workers. Payroll benchmarks
- 2,375 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 3121 · 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.