Profit Margin
3.7%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 3359
NAICS 3359 · IRS SOI 2013 (C corp) · Census CBP 2023
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 August 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
Use Other Electrical Equipment and Component Manufacturing's NAICS benchmark as a comparison point, not a forecast for one business.
Other Electrical Equipment and Component 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
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.
Other Electrical Equipment and Component Manufacturing sits in the 44th percentile for employment and the 33rd percentile for net margin among 4-digit NAICS industries with reported data.
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.
Subscribe to this industry's release updates (RSS)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%/7%
Business Structure Breakdown
Per-entity IRS SOI tables at their own vintages, shares only when every row shares one year (never mix 2013/2017/2022 populations).
C Corporation SOI 2013
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.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Other Electrical Equipment and Component Manufacturing, both at NAICS level 4 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Other Electrical Equipment and Component Manufacturing ranks #146 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 #84 of 126 at that same detail level.
Similar reported net margin
Nearest peer industries by ABS(IRS pre-tax margin) (3.7% here).
Similar workforce scale
Nearest peer industries by ABS(Census employment) (152,659 here).
Read with this industry: Understanding profit margins by industry · Manufacturing · 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 · 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.
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.