Manufacturing ·NAICS 3345

NAICS 3345 · IRS SOI 2023 · Census CBP

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing - Industry Benchmarks

$106,063/yr average annual pay, with 238 SBA loans on record for NAICS 3345.

7.7%
Net margin
415K
Workers employed
$106,063/yr
Avg payroll / employee
$203M
SBA lending, FY20–26

Data updated July 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.

7.7%
Pre-tax net margin (IRS SOI)
415K
Workers employed (Census CBP)
$106,063/yr
Avg payroll / employee
$203M
SBA lending, FY20–26

Benchmarking Insights for Navigational, Measuring, Electromedical, and Control Instruments Manufacturing

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.

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

What changed from Census CBP 2022 to 2023

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.

Where each dollar of Navigational, Measuring, Electromedical, and Control Instruments Manufacturing revenue goes

Workforce scale

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing margin vs national reference points

Navigational, Measuring, Electromedical, and Control Instruments 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
5,484 returns 100%

Margin: 7.7% · Receipts: $119.2B

Financial Detail

Total Tax Returns Filed
5,484
Avg Receipts per Business
$21.7B
Annual Payroll (Total)
$44.0B
Avg Employees per Establishment
82.1

Sub-Industries

Industry Profit Margin
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing

NAICS 33451

N/A

Top States by Employment

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 Lending Activity

SBA FY2020–2026

SBA Loans Approved

238

Total Loan Volume

$203M

Avg Loan Size

$851K

Jobs Supported

2,905

Program Breakdown

7(a) 209 (88%)
504 29 (12%)

Top SBA Lender

U.S. Bank, National Association

13 loans in this industry

New Business Share

19.3% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
40
2021
37
2022
24
2023
28
2024
50
2025
52
2026
7

Frequently Asked Questions

What is the average revenue for Navigational, Measuring, Electromedical, and Control Instruments Manufacturing?
$119.2B in total annual receipts across all Navigational, Measuring, Electromedical, and Control Instruments Manufacturing businesses. Average per business: $21.7B.
How profitable is Navigational, Measuring, Electromedical, and Control Instruments Manufacturing?
7.7% net profit margin, in line with the national median.
How many businesses are in Navigational, Measuring, Electromedical, and Control Instruments Manufacturing?
5,050 business establishments. Together they employ 414,694 workers.
What is the average payroll per employee in Navigational, Measuring, Electromedical, and Control Instruments Manufacturing?
$106,063/yr average annual pay per employee. Businesses average 82.1 employees per establishment.
Which states have the most Navigational, Measuring, Electromedical, and Control Instruments Manufacturing employment?
California leads with 79,476 workers. Texas (29,784) and Minnesota (26,983) round out the top three.
How much SBA lending does Navigational, Measuring, Electromedical, and Control Instruments Manufacturing receive?
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing businesses received 238 SBA loans totaling $203 million between FY2020 and FY2026. The average loan size was $851K. These loans supported 2,905 jobs at origination. Most lending (88%) 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.

How this ranks: Navigational, Measuring, Electromedical, and Control Instruments Manufacturing reports a higher net margin than 70% of the 126 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 71% of that same 259-industry cohort. Calculated by ranking this industry's reported value against every other industry at the same NAICS digit-level, not the whole dataset: comparing a 6-digit detail industry to a 2-digit sector would mix incompatible scales.

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.

Benchmarking Navigational, Measuring, Electromedical, and Control Instruments Manufacturing

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 3345 · 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.

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.