Profit Margin
1.0%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 3343
NAICS 3343 · IRS SOI 2013 (C corp) · Census CBP 2023
Audio and Video Equipment Manufacturing - Industry Benchmarks
122 SBA loans on record, $74M in volume, for NAICS 3343.
- 1.0%
- Net margin
- 11K
- Workers employed
- N/A
- Avg payroll / employee
- $74M
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 3343
Audio and Video Equipment Manufacturing runs a 1.0% pre-tax net margin - significantly below average, typical of high-volume, low-margin sectors - across 539 establishments employing 11K workers.
- 1.0%
- Pre-tax net margin (IRS SOI)
- 11K
- Workers employed (Census CBP)
- N/A
- Avg payroll / employee
- $74M
- SBA lending, FY20–26
Use Audio and Video Equipment Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.
Audio and Video Equipment 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 Audio and Video Equipment Manufacturing
Audio and Video Equipment Manufacturing sits inside Manufacturing at a 1.0% net margin (significantly below average, typical of high-volume, low-margin sectors), $29.9B in aggregate receipts across 636 returns, averaging $47.1B per establishment.
539 establishments employ 10,977 workers (20.4/location). California leads employment, followed by Oregon and Arizona.
Audio and Video Equipment Manufacturing sits in the 5th percentile for employment and the 7th percentile for net margin among 4-digit NAICS industries with reported data.
Total Receipts
$29.9B
Annual revenue (IRS SOI)
Net Income
$308.2M
Pre-tax net income
Employment
10,977
Total employees (Census CBP)
Avg Payroll / Employee
N/A
Annual compensation
Establishments
539
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 490; establishment count decreased by 4. 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 Audio and Video Equipment Manufacturing revenue goes
Workforce scale
Audio and Video Equipment Manufacturing margin vs national reference points
Audio and Video Equipment Manufacturing net margin 3.4%
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
636 returns 100%
Margin: 1.0% · Receipts: $29.9B
Financial Detail
- Total Tax Returns Filed
- 636
- Avg Receipts per Business
- $47.1B
- Avg Employees per Establishment
- 20.4
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Audio and Video Equipment Manufacturing NAICS 33431 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 2,386 |
| Oregon | 785 |
| Arizona | 336 |
| North Carolina | 250 |
| Ohio | 223 |
| Minnesota | 212 |
| Kentucky | 78 |
| New Jersey | 68 |
Showing top 10 of 33 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
122
Total Loan Volume
$74M
Avg Loan Size
$604K
Jobs Supported
987
Program Breakdown
7(a) 112 (92%)
504 10 (8%)
Top SBA Lender
Newtek Bank, National Association
8 loans in this industry
New Business Share
13.1% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 26
2021 12
2022 15
2023 12
2024 30
2025 25
2026 2
Frequently Asked Questions
What is the average revenue for Audio and Video Equipment Manufacturing?
$29.9B in total annual receipts across all Audio and Video Equipment Manufacturing businesses. Average per business: $47.1B.
How profitable is Audio and Video Equipment Manufacturing?
1.0% net profit margin, significantly below average, typical of high-volume, low-margin sectors.
How many businesses are in Audio and Video Equipment Manufacturing?
539 business establishments. Together they employ 10,977 workers.
What is the average payroll per employee in Audio and Video Equipment Manufacturing?
Average payroll data for Audio and Video Equipment Manufacturing is not available in the current Census CBP dataset.
Which states have the most Audio and Video Equipment Manufacturing employment?
California leads with 2,386 workers. Oregon (785) and Arizona (336) round out the top three.
How much SBA lending does Audio and Video Equipment Manufacturing receive?
Audio and Video Equipment Manufacturing businesses received 122 SBA loans totaling $74 million between FY2020 and FY2026. The average loan size was $604K. These loans supported 987 jobs at origination. Most lending (92%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Audio and Video Equipment Manufacturing, both at NAICS level 4 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Audio and Video Equipment Manufacturing ranks #246 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 #117 of 126 at that same detail level.
Similar reported net margin
Nearest peer industries by ABS(IRS pre-tax margin) (1.0% here).
Similar workforce scale
Nearest peer industries by ABS(Census employment) (10,977 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 3343 · 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.