Profit Margin
7.5%
Net income ÷ total receipts (IRS SOI)
Manufacturing ·NAICS 3391
NAICS 3391 · IRS SOI 2023 · Census CBP
Medical Equipment and Supplies Manufacturing - Industry Benchmarks
$83,545/yr average annual pay, with 652 SBA loans on record for NAICS 3391.
- 7.5%
- Net margin
- 308K
- Workers employed
- $83,545/yr
- Avg payroll / employee
- $473M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 3391
Medical Equipment and Supplies Manufacturing runs a 7.5% pre-tax net margin - in line with the national median - across 9K establishments employing 308K workers.
- 7.5%
- Pre-tax net margin (IRS SOI)
- 308K
- Workers employed (Census CBP)
- $83,545/yr
- Avg payroll / employee
- $473M
- SBA lending, FY20–26
Benchmarking Insights for Medical Equipment and Supplies Manufacturing
Medical Equipment and Supplies Manufacturing sits inside Manufacturing at a 7.5% net margin (in line with the national median), $146.3B in aggregate receipts across 9,055 returns, averaging $16.2B per establishment.
8,825 establishments employ 308,388 workers (34.9/location) at $83,545/yr average annual pay. California leads employment, followed by Minnesota and Florida.
Total Receipts
$146.3B
Annual revenue (IRS SOI)
Net Income
$10.9B
Pre-tax net income
Employment
308,388
Total employees (Census CBP)
Avg Payroll / Employee
$83,545/yr
Annual compensation
Establishments
8,825
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 3,681; establishment count decreased by 184. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Where each dollar of Medical Equipment and Supplies Manufacturing revenue goes
Workforce scale
Medical Equipment and Supplies Manufacturing margin vs national reference points
Medical Equipment and Supplies Manufacturing net margin 24.9%
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
9,055 returns 100%
Margin: 7.5% · Receipts: $146.3B
Financial Detail
- Total Tax Returns Filed
- 9,055
- Avg Receipts per Business
- $16.2B
- Annual Payroll (Total)
- $25.8B
- Avg Employees per Establishment
- 34.9
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Medical Equipment and Supplies Manufacturing NAICS 33911 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 58,034 |
| Minnesota | 20,222 |
| Florida | 18,903 |
| Texas | 14,880 |
| Pennsylvania | 13,973 |
| New York | 12,227 |
| Massachusetts | 8,643 |
| New Jersey | 8,188 |
| Michigan | 7,989 |
| Illinois | 7,271 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
652
Total Loan Volume
$473M
Avg Loan Size
$726K
Jobs Supported
7,417
Program Breakdown
7(a) 553 (85%)
504 99 (15%)
Top SBA Lender
The Huntington National Bank
36 loans in this industry
New Business Share
20.1% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 91
2021 92
2022 95
2023 94
2024 132
2025 136
2026 12
Frequently Asked Questions
What is the average revenue for Medical Equipment and Supplies Manufacturing?
$146.3B in total annual receipts across all Medical Equipment and Supplies Manufacturing businesses. Average per business: $16.2B.
How profitable is Medical Equipment and Supplies Manufacturing?
7.5% net profit margin, in line with the national median.
How many businesses are in Medical Equipment and Supplies Manufacturing?
8,825 business establishments. Together they employ 308,388 workers.
What is the average payroll per employee in Medical Equipment and Supplies Manufacturing?
$83,545/yr average annual pay per employee. Businesses average 34.9 employees per establishment.
Which states have the most Medical Equipment and Supplies Manufacturing employment?
California leads with 58,034 workers. Minnesota (20,222) and Florida (18,903) round out the top three.
How much SBA lending does Medical Equipment and Supplies Manufacturing receive?
Medical Equipment and Supplies Manufacturing businesses received 652 SBA loans totaling $473 million between FY2020 and FY2026. The average loan size was $726K. These loans supported 7,417 jobs at origination. Most lending (85%) 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: Medical Equipment and Supplies Manufacturing reports a higher net margin than 68% of the 126 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 64% 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.
- Other Support Services 307,764
- Motion Picture and Video Industries 307,031
- Activities Related to Credit Intermediation 310,591
Benchmarking Medical Equipment and Supplies Manufacturing
- Net margin: 7.5% vs sector. Browse Manufacturing
- 8,825 establishments, 308,388 workers. Payroll benchmarks
- 652 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 3391 · 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.