Profit Margin
7.7%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 333
NAICS 333 · IRS SOI 2013 (C corp) · Census CBP 2023
Machinery Manufacturing - Industry Benchmarks
$78,310/yr average annual pay, with 1,823 SBA loans on record for NAICS 333.
- 7.7%
- Net margin
- 1.1M
- Workers employed
- $78,310/yr
- Avg payroll / employee
- $1.5B
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 333
Machinery Manufacturing runs a 7.7% pre-tax net margin - in line with the national median - across 22K establishments employing 1.1M workers.
- 7.7%
- Pre-tax net margin (IRS SOI)
- 1.1M
- Workers employed (Census CBP)
- $78,310/yr
- Avg payroll / employee
- $1.5B
- SBA lending, FY20–26
Use Machinery Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.
Machinery Manufacturing 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 Machinery Manufacturing
Machinery Manufacturing sits inside Manufacturing at a 7.7% net margin (in line with the national median), $492.3B in aggregate receipts across 19,907 returns, averaging $24.7B per establishment.
21,668 establishments employ 1,086,146 workers (50.1/location) at $78,310/yr average annual pay. Texas leads employment, followed by Ohio and Michigan.
Machinery Manufacturing sits in the 58th percentile for employment and the 80th percentile for net margin among 3-digit NAICS industries with reported data.
Total Receipts
$492.3B
Annual revenue (IRS SOI)
Net Income
$38.1B
Pre-tax net income
Employment
1,086,146
Total employees (Census CBP)
Avg Payroll / Employee
$78,310/yr
Annual compensation
Establishments
21,668
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 20,715; establishment count decreased by 91. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Subscribe to this industry's release updates (RSS)Where each dollar of Machinery Manufacturing revenue goes
Workforce scale
Machinery Manufacturing margin vs national reference points
Machinery Manufacturing net margin 25.8%
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
19,907 returns 100%
Margin: 7.7% · Receipts: $492.3B
Financial Detail
- Total Tax Returns Filed
- 19,907
- Avg Receipts per Business
- $24.7B
- Annual Payroll (Total)
- $85.1B
- Avg Employees per Establishment
- 50.1
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Agriculture, Construction, and Mining Machinery Manufacturing NAICS 3331 | 8.9% |
| Commercial and Service Industry Machinery Manufacturing NAICS 3333 | 9.3% |
| Engine, Turbine, and Power Transmission Equipment Manufacturing NAICS 3336 | 7.0% |
| Industrial Machinery Manufacturing NAICS 3332 | 7.5% |
| Metalworking Machinery Manufacturing NAICS 3335 | 6.1% |
| Other General Purpose Machinery Manufacturing NAICS 3339 | 6.5% |
| Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing NAICS 3334 | 6.0% |
Top States by Employment
| State | Employment |
|---|---|
| Texas | 79,045 |
| Ohio | 77,790 |
| Michigan | 71,564 |
| California | 68,874 |
| Illinois | 61,839 |
| Wisconsin | 61,414 |
| Pennsylvania | 47,779 |
| New York | 38,720 |
| North Carolina | 38,455 |
| Minnesota | 36,036 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
1,823
Total Loan Volume
$1.5B
Avg Loan Size
$802K
Jobs Supported
21,535
Program Breakdown
7(a) 1,540 (84%)
504 283 (16%)
Top SBA Lender
The Huntington National Bank
162 loans in this industry
New Business Share
19.8% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 310
2021 333
2022 264
2023 252
2024 339
2025 290
2026 35
Frequently Asked Questions
What is the average revenue for Machinery Manufacturing?
$492.3B in total annual receipts across all Machinery Manufacturing businesses. Average per business: $24.7B.
How profitable is Machinery Manufacturing?
7.7% net profit margin, in line with the national median.
How many businesses are in Machinery Manufacturing?
21,668 business establishments. Together they employ 1,086,146 workers.
What is the average payroll per employee in Machinery Manufacturing?
$78,310/yr average annual pay per employee. Businesses average 50.1 employees per establishment.
Which states have the most Machinery Manufacturing employment?
Texas leads with 79,045 workers. Ohio (77,790) and Michigan (71,564) round out the top three.
How much SBA lending does Machinery Manufacturing receive?
Machinery Manufacturing businesses received 1,823 SBA loans totaling $1.5 billion between FY2020 and FY2026. The average loan size was $802K. These loans supported 21,535 jobs at origination. Most lending (84%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Machinery Manufacturing, both at NAICS level 3 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Machinery Manufacturing ranks #32 of 77 U.S. industries at the 3-digit NAICS level by total employment. According to IRS SOI 2013 IRS Statistics of Income, its reported pre-tax net margin ranks #15 of 75 at that same detail level.
Similar reported net margin
Nearest peer industries by ABS(IRS pre-tax margin) (7.7% here).
Similar workforce scale
Nearest peer industries by ABS(Census employment) (1,086,146 here).
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 333 · 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
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.