Profit Margin
6.4%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 3241
NAICS 3241 · IRS SOI 2023 · Census CBP
Petroleum and Coal Products Manufacturing - Industry Benchmarks
103 SBA loans on record, $78M in volume, for NAICS 3241.
- 6.4%
- Net margin
- N/A
- Workers employed
- N/A
- Avg payroll / employee
- $78M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 3241
Petroleum and Coal Products Manufacturing runs a 6.4% pre-tax net margin - below the national median - across 2K establishments employing N/A workers.
- 6.4%
- Pre-tax net margin (IRS SOI)
- N/A
- Workers employed (Census CBP)
- N/A
- Avg payroll / employee
- $78M
- SBA lending, FY20–26
Benchmarking Insights for Petroleum and Coal Products Manufacturing
Petroleum and Coal Products Manufacturing sits inside Manufacturing at a 6.4% net margin (below the national median), $19.6B in aggregate receipts across 831 returns, averaging $23.6B per establishment.
2,073 establishments employ N/A workers. California leads employment, followed by Ohio and Pennsylvania.
Total Receipts
$19.6B
Annual revenue (IRS SOI)
Net Income
$1.3B
Pre-tax net income
Employment
N/A
Total employees (Census CBP)
Avg Payroll / Employee
N/A
Annual compensation
Establishments
2,073
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
establishment count decreased by 38. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Where each dollar of Petroleum and Coal Products Manufacturing revenue goes
Petroleum and Coal Products Manufacturing margin vs national reference points
Petroleum and Coal Products Manufacturing net margin 21.3%
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
831 returns 100%
Margin: 6.4% · Receipts: $19.6B
Financial Detail
- Total Tax Returns Filed
- 831
- Avg Receipts per Business
- $23.6B
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Asphalt Paving, Roofing, and Saturated Materials Manufacturing NAICS 32412 | N/A |
| Other Petroleum and Coal Products Manufacturing NAICS 32419 | N/A |
| Petroleum Refineries NAICS 32411 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 9,374 |
| Ohio | 5,800 |
| Pennsylvania | 4,279 |
| Kansas | 2,523 |
| Utah | 1,519 |
| Alabama | 1,464 |
| Montana | 1,325 |
| Missouri | 1,247 |
| New York | 1,149 |
| Tennessee | 948 |
Showing top 10 of 46 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
103
Total Loan Volume
$78M
Avg Loan Size
$758K
Jobs Supported
1,225
Program Breakdown
7(a) 87 (84%)
504 16 (16%)
Top SBA Lender
BayFirst National Bank
6 loans in this industry
New Business Share
31.1% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 13
2021 13
2022 8
2023 21
2024 33
2025 12
2026 3
Frequently Asked Questions
What is the average revenue for Petroleum and Coal Products Manufacturing?
$19.6B in total annual receipts across all Petroleum and Coal Products Manufacturing businesses. Average per business: $23.6B.
How profitable is Petroleum and Coal Products Manufacturing?
6.4% net profit margin, below the national median.
How many businesses are in Petroleum and Coal Products Manufacturing?
2,073 business establishments.
What is the average payroll per employee in Petroleum and Coal Products Manufacturing?
Average payroll data for Petroleum and Coal Products Manufacturing is not available in the current Census CBP dataset.
Which states have the most Petroleum and Coal Products Manufacturing employment?
California leads with 9,374 workers. Ohio (5,800) and Pennsylvania (4,279) round out the top three.
How much SBA lending does Petroleum and Coal Products Manufacturing receive?
Petroleum and Coal Products Manufacturing businesses received 103 SBA loans totaling $78 million between FY2020 and FY2026. The average loan size was $758K. These loans supported 1,225 jobs at origination. Most lending (84%) 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: Petroleum and Coal Products Manufacturing reports a higher net margin than 62% of the 126 IRS-tracked industries at the same NAICS detail level. 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.
Benchmarking Petroleum and Coal Products Manufacturing
- Net margin: 6.4% vs sector. Browse Manufacturing
- 2,073 establishments, N/A workers. Payroll benchmarks
- 103 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 3241 · 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.