Profit Margin
7.7%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 333
NAICS 333 · IRS SOI 2023 · Census CBP
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 July 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
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.
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.
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%/8%
Business Structure Breakdown
How businesses in this industry are legally structured (IRS SOI)
C Corporation
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.
Comparable industry benchmarks
These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.
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.
- Health and Personal Care Stores 1,066,142
- Nonstore Retailers 1,108,365
- Heavy and Civil Engineering Construction 1,051,261
Benchmarking Machinery Manufacturing
- Net margin: 7.7% vs sector. Browse Manufacturing
- 21,668 establishments, 1,086,146 workers. Payroll benchmarks
- 1,823 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 333 · 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.