Profit Margin
7.7%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 3345
NAICS 3345 · IRS SOI 2013 (C corp) · Census CBP 2023
$106,063/yr average annual pay, with 238 SBA loans on record for NAICS 3345.
Data updated August 2026
The verdict · NAICS 3345
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing runs a 7.7% pre-tax net margin - in line with the national median - across 5K establishments employing 415K workers.
Use Navigational, Measuring, Electromedical, and Control Instruments Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.
Navigational, Measuring, Electromedical, and Control Instruments 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
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing sits inside Manufacturing at a 7.7% net margin (in line with the national median), $119.2B in aggregate receipts across 5,484 returns, averaging $21.7B per establishment.
5,050 establishments employ 414,694 workers (82.1/location) at $106,063/yr average annual pay. California leads employment, followed by Texas and Minnesota.
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing sits in the 71st percentile for employment and the 72nd percentile for net margin among 4-digit NAICS industries with reported data.
Profit Margin
7.7%
Net income ÷ total receipts (IRS SOI)
Total Receipts
$119.2B
Annual revenue (IRS SOI)
Net Income
$9.2B
Pre-tax net income
Employment
414,694
Total employees (Census CBP)
Avg Payroll / Employee
$106,063/yr
Annual compensation
Establishments
5,050
Business locations
Release-over-release change
Employment increased by 11,244; establishment count increased by 40. 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)p25/median/p75 = 3%/5%/7%
Per-entity IRS SOI tables at their own vintages, shares only when every row shares one year (never mix 2013/2017/2022 populations).
Margin: 7.7% · Receipts: $119.2B
| Industry | Profit Margin |
|---|---|
| Navigational, Measuring, Electromedical, and Control Instruments Manufacturing NAICS 33451 | N/A |
| State | Employment |
|---|---|
| California | 79,476 |
| Texas | 29,784 |
| Minnesota | 26,983 |
| Florida | 16,145 |
| Pennsylvania | 15,232 |
| Ohio | 14,909 |
| New Jersey | 13,595 |
| Illinois | 10,287 |
| Michigan | 9,339 |
| Connecticut | 8,878 |
Showing top 10 of 50 states
SBA Loans Approved
238
Total Loan Volume
$203M
Avg Loan Size
$851K
Jobs Supported
2,905
Top SBA Lender
U.S. Bank, National Association
13 loans in this industry
New Business Share
19.3% of borrowers were new/startup businesses
Two IRS/Census peer sets for Navigational, Measuring, Electromedical, and Control Instruments Manufacturing, both at NAICS level 4 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Navigational, Measuring, Electromedical, and Control Instruments Manufacturing ranks #76 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 #35 of 126 at that same detail level.
Nearest peer industries by ABS(IRS pre-tax margin) (7.7% here).
Nearest peer industries by ABS(Census employment) (414,694 here).
Read with this industry: Understanding profit margins by industry · Manufacturing · Rankings
Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023
NAICS 3345 · 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.