Wholesale Trade ·NAICS 423310

2026 data Public-data reference. IRS SOI · Census CBP · 2023 Unknown margin

Wholesale Trade — Industry Benchmarks

Profit margins, payroll, employment, and SBA lending for Wholesale Trade (NAICS 423310). Cross-checked against IRS SOI 2023 and Census County Business Patterns. Refreshed as new data lands.

Wholesale Trade (NAICS 423310) does not have profit margin data available in the current IRS SOI release. Census Bureau data identifies 7,048 business establishments employing 130,158 workers nationwide.

Benchmarking Insights for Wholesale Trade

When you read the financial profile for Wholesale Trade, the number only becomes actionable when paired with scale. This industry sits inside the broader Wholesale Trade sector and reports N/A of aggregate annual receipts. Owners comparing their own books should read the margin as a midpoint — smaller operators typically run several points below the aggregate because fixed overhead (rent, software, insurance) consumes a larger share of lower revenue bases. Treat the industry figure as a ceiling calibrated by businesses that have already achieved operating leverage.

Labor economics tell the second half of the story. Census CBP shows 7,048 active establishments employing 130,158 workers, averaging 18.5 employees per location and paying $80,037/yr per employee annually. Texas leads the geographic distribution of employment, with California and Florida rounding out the top three concentrations. Headcount density matters because thin-margin industries only clear the cash-flow bar when establishments reach the staffing level where fixed costs amortize — a useful cross-check against the margin line above.

Capital access is the third lens. SBA 7(a) and 504 approvals for this industry totaled 368 loans worth $398 million between FY2020 and FY2025, supporting 3,400 jobs at origination. The average ticket size — $1081K — signals the typical capital gap operators bridge when expanding. U.S. Bank, National Association ranks as the most active SBA lender serving this NAICS code. Use this alongside the IRS and Census figures to decide whether your own plan should target operational efficiency, workforce expansion, or financed growth.

Profit Margin

N/A

Net income ÷ total receipts (IRS SOI)

Total Receipts

N/A

Annual revenue (IRS SOI)

Net Income

N/A

Pre-tax net income

Employment

130,158

Total employees (Census CBP)

Avg Payroll / Employee

$80,037/yr

Annual compensation

Establishments

7,048

Business locations

Workforce scale

Establishment-size distribution and per-establishment headcount based on Census Statistics of US Businesses (SUSB) typical strata.

Financial Detail

Total Tax Returns Filed
N/A
Total Deductions
N/A
Avg Receipts per Business
N/A
Annual Payroll (Total)
$10.4B
Avg Employees per Establishment
18.5

Top States by Employment

State Employment
Texas 11,819
California 11,648
Florida 9,262
North Carolina 6,157
Pennsylvania 5,943
Georgia 5,489
Washington 4,870
New York 4,362
Illinois 4,339
New Jersey 3,599

Showing top 10 of 50 states

SBA Lending Activity

FY2020–2025

Small Business Administration 7(a) and 504 loan data for this industry. Source: SBA FOIA dataset.

SBA Loans Approved

368

FY2020–2025

Total Loan Volume

$398M

7(a) + 504 programs

Avg Loan Size

$1081K

Per approved loan

Jobs Supported

3,400

Reported at origination

Program Breakdown

7(a) Loans 287 loans (78%)
504 Loans 81 loans (22%)

Top SBA Lender

U.S. Bank, National Association

17 loans in this industry

New Business Share

18.2% of borrowers were new/startup businesses

Annual Lending Trend

FY2020
58 loans
FY2021
66 loans
FY2022
49 loans
FY2023
49 loans
FY2024
79 loans
FY2025
62 loans
FY2026
5 loans

SBA fiscal year runs Oct–Sep. FY2025 = partial year through Sep 2025.

Source: SBA 7(a) and 504 FOIA dataset · FY2020–FY2025 · View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Wholesale Trade?
Revenue data for Wholesale Trade (NAICS 423310) is not available in the current IRS SOI dataset.
How profitable is Wholesale Trade?
Profitability data for Wholesale Trade is not available in the current dataset.
How many businesses are in Wholesale Trade?
There are 7,048 business establishments in Wholesale Trade (NAICS 423310) according to Census Bureau County Business Patterns 2023 data. These establishments collectively employ 130,158 workers.
What is the average payroll per employee in Wholesale Trade?
The average annual payroll per employee in Wholesale Trade is $80,037/yr, based on Census Bureau County Business Patterns data. Businesses in this industry average 18.5 employees per establishment. This figure includes wages, salaries, and benefits reported by employers.
Which states have the most Wholesale Trade employment?
Texas leads in Wholesale Trade employment with 11,819 workers. California (11,648) and Florida (9,262) round out the top three. These figures come from the Census Bureau County Business Patterns 2023 survey.
How much SBA lending does Wholesale Trade receive?
Wholesale Trade businesses received 368 SBA loans totaling $398 million between FY2020 and FY2025. The average loan size was $1081K. These loans supported 3,400 jobs at origination. Most lending (78%) came through the SBA 7(a) program.
Disclaimer: PlainBizBench provides publicly available IRS and Census data for informational purposes only. This is not financial, tax, or business advice. Consult a qualified accountant or financial advisor for business-specific guidance.

Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023

NAICS 423310 · Data year: 2023

Related

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainBizBench Editorial

Source: U.S. Census Bureau — County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2025