NAICS 3321 · IRS SOI 2013 (C corp) · Census CBP 2023

Forging and Stamping - Industry Benchmarks

$67,898/yr average annual pay, with 136 SBA loans on record for NAICS 3321.

6.4%
Net margin: 93K
Workers employed: $67,898/yr
Avg payroll / employee: $134M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 3321

Forging and Stamping runs a 6.4% pre-tax net margin - below the national median - across 2K establishments employing 93K workers.

6.4%
Pre-tax net margin (IRS SOI): 93K
Workers employed (Census CBP): $67,898/yr
Avg payroll / employee: $134M
SBA lending, FY20–26

Use Forging and Stamping's NAICS benchmark as a comparison point, not a forecast for one business.

Forging and Stamping is reported here with financial measures from IRS Statistics of Income and workforce measures from Census County Business Patterns. The page keeps those source systems distinct, shows unavailable fields rather than estimating them, and links the underlying industry context so readers can compare the same NAICS activity before interpreting a margin or payroll figure.

Source: IRS SOI 2013 (C corporation headline) and Census County Business Patterns 2023

Benchmarking Insights for Forging and Stamping

Forging and Stamping sits inside Manufacturing at a 6.4% net margin (below the national median), $19.8B in aggregate receipts across 2,021 returns, averaging $9.8B per establishment.

1,937 establishments employ 92,778 workers (47.9/location) at $67,898/yr average annual pay. Ohio leads employment, followed by Pennsylvania and Illinois.

Forging and Stamping sits in the 32nd percentile for employment and the 65th percentile for net margin among 4-digit NAICS industries with reported data.

Profit Margin

6.4%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$19.8B

Annual revenue (IRS SOI)

Net Income

$1.3B

Pre-tax net income

Employment

92,778

Total employees (Census CBP)

Avg Payroll / Employee

$67,898/yr

Annual compensation

Establishments

1,937

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment decreased by 1,174; establishment count decreased by 44. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Where each dollar of Forging and Stamping revenue goes

Receipts decomposition, IRS Statistics of Income 2023 aggregate for Forging and Stamping

Workforce scale

Establishment size, Forging and Stamping (Census SUSB)

Forging and Stamping margin vs national reference points

Forging and Stamping net margin 21.2%

Cross-industry median (5%)

p25/median/p75 = 3%/5%/7%

Business Structure Breakdown

Per-entity IRS SOI tables at their own vintages, shares only when every row shares one year (never mix 2013/2017/2022 populations).

C Corporation SOI 2013

2,021 returns 100%

Margin: 6.4% · Receipts: $19.8B

Financial Detail

Total Tax Returns Filed: 2,021
Avg Receipts per Business: $9.8B
Annual Payroll (Total): $6.3B
Avg Employees per Establishment: 47.9

Sub-Industries

Industry	Profit Margin	Employment	Avg Payroll/Emp
Forging and Stamping NAICS 33211	N/A	92,778	$67,898/yr

Top States by Employment

State	Employment	Establishments	Annual Payroll	Avg Payroll/Emp
Ohio	9,720	165	$747.3M	$76,885/yr
Pennsylvania	9,693	147	$640.4M	$66,068/yr
Illinois	7,729	164	$586.3M	$75,855/yr
Michigan	7,335	131	N/A	N/A
California	6,334	181	$467.5M	$73,814/yr
Indiana	5,829	99	$356.3M	$61,131/yr
Texas	4,751	103	$354.9M	$74,710/yr
Minnesota	3,942	60	$257.6M	$65,344/yr
New York	2,246	80	$152.4M	$67,847/yr
Tennessee	1,959	40	N/A	N/A

Showing top 10 of 46 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

136

Total Loan Volume

$134M

Avg Loan Size

$988K

Jobs Supported

2,145

Program Breakdown

7(a) 106 (78%)

504 30 (22%)

Top SBA Lender

The Huntington National Bank

10 loans in this industry

New Business Share

15.4% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020

2021

2022

2023

2024

2025

2026

View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Forging and Stamping?

$19.8B in total annual receipts across all Forging and Stamping businesses. Average per business: $9.8B.

How profitable is Forging and Stamping?

6.4% net profit margin, below the national median.

How many businesses are in Forging and Stamping?

1,937 business establishments. Together they employ 92,778 workers.

What is the average payroll per employee in Forging and Stamping?

$67,898/yr average annual pay per employee. Businesses average 47.9 employees per establishment.

Which states have the most Forging and Stamping employment?

Ohio leads with 9,720 workers. Pennsylvania (9,693) and Illinois (7,729) round out the top three.

How much SBA lending does Forging and Stamping receive?

Forging and Stamping businesses received 136 SBA loans totaling $134 million between FY2020 and FY2026. The average loan size was $988K. These loans supported 2,145 jobs at origination. Most lending (78%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Forging and Stamping, both at NAICS level 4 and excluding this code so the neighborhoods are not self-links.

According to Census County Business Patterns 2023, Forging and Stamping ranks #176 of 259 U.S. industries at the 4-digit NAICS level by total employment. According to IRS SOI 2013 IRS Statistics of Income, its reported pre-tax net margin ranks #44 of 126 at that same detail level.

Similar reported net margin

Nearest peer industries by ABS(IRS pre-tax margin) (6.4% here).

Petroleum and Coal Products Manufacturing 6.4% Other General Purpose Machinery Manufacturing 6.5% Metalworking Machinery Manufacturing 6.1%

Similar workforce scale

Nearest peer industries by ABS(Census employment) (92,778 here).

Sawmills and Wood Preservation 91,690 Oil and Gas Extraction 90,968 Other Transit and Ground Passenger Transportation 90,958

Read with this industry: Understanding profit margins by industry · Manufacturing · 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 3321 · CBP 2023 · IRS SOI 2013

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 Accessed 2026-07-06

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.