Profit Margin
7.7%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 3345
NAICS 3345 · IRS SOI 2023 · Census CBP
$106,063/yr average annual pay, with 238 SBA loans on record for NAICS 3345.
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.
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
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.
p25/median/p75 = 3%/5%/8%
How businesses in this industry are legally structured (IRS SOI)
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
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.
Same NAICS detail level, ordered by the smallest difference in reported IRS pre-tax margin.
Same NAICS detail level, ordered by the smallest difference in reported Census employment.
Benchmarking Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
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.
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.