Profit Margin
7.8%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 335
NAICS 335 · IRS SOI 2023 · Census CBP
Electrical Equipment, Appliance, and Component Manufacturing - Industry Benchmarks
$75,581/yr average annual pay, with 569 SBA loans on record for NAICS 335.
- 7.8%
- Net margin
- 369K
- Workers employed
- $75,581/yr
- Avg payroll / employee
- $551M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 335
Electrical Equipment, Appliance, and Component Manufacturing runs a 7.8% pre-tax net margin - in line with the national median - across 5K establishments employing 369K workers.
- 7.8%
- Pre-tax net margin (IRS SOI)
- 369K
- Workers employed (Census CBP)
- $75,581/yr
- Avg payroll / employee
- $551M
- SBA lending, FY20–26
Benchmarking Insights for Electrical Equipment, Appliance, and Component Manufacturing
Electrical Equipment, Appliance, and Component Manufacturing sits inside Manufacturing at a 7.8% net margin (in line with the national median), $331.1B in aggregate receipts across 6,907 returns, averaging $47.9B per establishment.
5,398 establishments employ 369,456 workers (68.4/location) at $75,581/yr average annual pay. California leads employment, followed by Wisconsin and Pennsylvania.
Total Receipts
$331.1B
Annual revenue (IRS SOI)
Net Income
$25.7B
Pre-tax net income
Employment
369,456
Total employees (Census CBP)
Avg Payroll / Employee
$75,581/yr
Annual compensation
Establishments
5,398
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 15,393; establishment count increased by 29. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Where each dollar of Electrical Equipment, Appliance, and Component Manufacturing revenue goes
Workforce scale
Electrical Equipment, Appliance, and Component Manufacturing margin vs national reference points
Electrical Equipment, Appliance, and Component Manufacturing net margin 25.9%
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
6,907 returns 100%
Margin: 7.8% · Receipts: $331.1B
Financial Detail
- Total Tax Returns Filed
- 6,907
- Avg Receipts per Business
- $47.9B
- Annual Payroll (Total)
- $27.9B
- Avg Employees per Establishment
- 68.4
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Electric Lighting Equipment Manufacturing NAICS 3351 | 8.8% |
| Electrical Equipment Manufacturing NAICS 3353 | 8.7% |
| Household Appliance Manufacturing NAICS 3352 | N/A |
| Other Electrical Equipment and Component Manufacturing NAICS 3359 | 3.7% |
Top States by Employment
| State | Employment |
|---|---|
| California | 33,094 |
| Wisconsin | 25,273 |
| Pennsylvania | 24,327 |
| Ohio | 23,885 |
| Illinois | 19,246 |
| Texas | 19,004 |
| Georgia | 17,099 |
| Tennessee | 16,926 |
| North Carolina | 16,610 |
| Michigan | 12,988 |
Showing top 10 of 48 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
569
Total Loan Volume
$551M
Avg Loan Size
$969K
Jobs Supported
9,815
Program Breakdown
7(a) 467 (82%)
504 102 (18%)
Top SBA Lender
The Huntington National Bank
26 loans in this industry
New Business Share
18.8% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 90
2021 95
2022 83
2023 82
2024 92
2025 121
2026 6
Frequently Asked Questions
What is the average revenue for Electrical Equipment, Appliance, and Component Manufacturing?
$331.1B in total annual receipts across all Electrical Equipment, Appliance, and Component Manufacturing businesses. Average per business: $47.9B.
How profitable is Electrical Equipment, Appliance, and Component Manufacturing?
7.8% net profit margin, in line with the national median.
How many businesses are in Electrical Equipment, Appliance, and Component Manufacturing?
5,398 business establishments. Together they employ 369,456 workers.
What is the average payroll per employee in Electrical Equipment, Appliance, and Component Manufacturing?
$75,581/yr average annual pay per employee. Businesses average 68.4 employees per establishment.
Which states have the most Electrical Equipment, Appliance, and Component Manufacturing employment?
California leads with 33,094 workers. Wisconsin (25,273) and Pennsylvania (24,327) round out the top three.
How much SBA lending does Electrical Equipment, Appliance, and Component Manufacturing receive?
Electrical Equipment, Appliance, and Component Manufacturing businesses received 569 SBA loans totaling $551 million between FY2020 and FY2026. The average loan size was $969K. These loans supported 9,815 jobs at origination. Most lending (82%) 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: Electrical Equipment, Appliance, and Component Manufacturing reports a higher net margin than 73% of the 79 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 29% of that same 77-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 Electrical Equipment, Appliance, and Component Manufacturing
- Net margin: 7.8% vs sector. Browse Manufacturing
- 5,398 establishments, 369,456 workers. Payroll benchmarks
- 569 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 335 · 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.