Profit Margin
3.7%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 3359
NAICS 3359 · IRS SOI 2023 · Census CBP
Other Electrical Equipment and Component Manufacturing - Industry Benchmarks
$82,438/yr average annual pay, with 296 SBA loans on record for NAICS 3359.
- 3.7%
- Net margin
- 153K
- Workers employed
- $82,438/yr
- Avg payroll / employee
- $275M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 3359
Other Electrical Equipment and Component Manufacturing runs a 3.7% pre-tax net margin - below the national median - across 2K establishments employing 153K workers.
- 3.7%
- Pre-tax net margin (IRS SOI)
- 153K
- Workers employed (Census CBP)
- $82,438/yr
- Avg payroll / employee
- $275M
- SBA lending, FY20–26
Benchmarking Insights for Other Electrical Equipment and Component Manufacturing
Other Electrical Equipment and Component Manufacturing sits inside Manufacturing at a 3.7% net margin (below the national median), $63.9B in aggregate receipts across 3,620 returns, averaging $17.7B per establishment.
2,226 establishments employ 152,659 workers (68.6/location) at $82,438/yr average annual pay. California leads employment, followed by Georgia and Ohio.
Total Receipts
$63.9B
Annual revenue (IRS SOI)
Net Income
$2.4B
Pre-tax net income
Employment
152,659
Total employees (Census CBP)
Avg Payroll / Employee
$82,438/yr
Annual compensation
Establishments
2,226
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 12,734; establishment count increased by 81. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Where each dollar of Other Electrical Equipment and Component Manufacturing revenue goes
Workforce scale
Other Electrical Equipment and Component Manufacturing margin vs national reference points
Other Electrical Equipment and Component Manufacturing net margin 12.3%
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
3,620 returns 100%
Margin: 3.7% · Receipts: $63.9B
Financial Detail
- Total Tax Returns Filed
- 3,620
- Avg Receipts per Business
- $17.7B
- Annual Payroll (Total)
- $12.6B
- Avg Employees per Establishment
- 68.6
Sub-Industries
| Industry | Profit Margin |
|---|---|
| All Other Electrical Equipment and Component Manufacturing NAICS 33599 | N/A |
| Battery Manufacturing NAICS 33591 | N/A |
| Communication and Energy Wire and Cable Manufacturing NAICS 33592 | N/A |
| Wiring Device Manufacturing NAICS 33593 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 19,295 |
| Georgia | 9,193 |
| Ohio | 8,041 |
| Michigan | 7,565 |
| Massachusetts | 7,133 |
| Texas | 6,647 |
| New York | 5,963 |
| Illinois | 5,524 |
| South Carolina | 5,271 |
| Florida | 4,588 |
Showing top 10 of 46 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
296
Total Loan Volume
$275M
Avg Loan Size
$929K
Jobs Supported
6,221
Program Breakdown
7(a) 240 (81%)
504 56 (19%)
Top SBA Lender
The Huntington National Bank
18 loans in this industry
New Business Share
15.9% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 53
2021 49
2022 48
2023 42
2024 34
2025 64
2026 6
Frequently Asked Questions
What is the average revenue for Other Electrical Equipment and Component Manufacturing?
$63.9B in total annual receipts across all Other Electrical Equipment and Component Manufacturing businesses. Average per business: $17.7B.
How profitable is Other Electrical Equipment and Component Manufacturing?
3.7% net profit margin, below the national median.
How many businesses are in Other Electrical Equipment and Component Manufacturing?
2,226 business establishments. Together they employ 152,659 workers.
What is the average payroll per employee in Other Electrical Equipment and Component Manufacturing?
$82,438/yr average annual pay per employee. Businesses average 68.6 employees per establishment.
Which states have the most Other Electrical Equipment and Component Manufacturing employment?
California leads with 19,295 workers. Georgia (9,193) and Ohio (8,041) round out the top three.
How much SBA lending does Other Electrical Equipment and Component Manufacturing receive?
Other Electrical Equipment and Component Manufacturing businesses received 296 SBA loans totaling $275 million between FY2020 and FY2026. The average loan size was $929K. These loans supported 6,221 jobs at origination. Most lending (81%) 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: Other Electrical Equipment and Component Manufacturing reports a higher net margin than 33% of the 126 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 44% 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 Other Electrical Equipment and Component Manufacturing
- Net margin: 3.7% vs sector. Browse Manufacturing
- 2,226 establishments, 152,659 workers. Payroll benchmarks
- 296 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 3359 · 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.