Wholesale Trade ·NAICS 42344

NAICS 42344 · IRS SOI 2023 · Census CBP

Other Commercial Equipment Merchant Wholesalers - Industry Benchmarks

$74,823/yr average annual pay, with 231 SBA loans on record for NAICS 42344.

4.1%
Wholesale Trade sector margin
50K
Workers employed
$74,823/yr
Avg payroll / employee
$191M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 42344

California leads Other Commercial Equipment Merchant Wholesalers activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Wholesale Trade sector runs a 4.1% net margin.

4.1%
Wholesale Trade sector margin (IRS SOI)
50K
Workers employed (Census CBP)
$74,823/yr
Avg payroll / employee
$191M
SBA lending, FY20–26

Benchmarking Insights for Other Commercial Equipment Merchant Wholesalers

Other Commercial Equipment Merchant Wholesalers sits inside Wholesale Trade, a sector that runs a 4.1% net margin overall.

3,637 establishments employ 49,828 workers (13.7/location) at $74,823/yr average annual pay. California leads employment, followed by Texas and Illinois.

Employment

49,828

Total employees (Census CBP)

Avg Payroll / Employee

$74,823/yr

Annual compensation

Establishments

3,637

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 1,974; establishment count decreased by 58. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Workforce scale

Financial Detail

Annual Payroll (Total)
$3.7B
Avg Employees per Establishment
13.7

Sub-Industries

Industry Profit Margin
Other Commercial Equipment Merchant Wholesalers

NAICS 423440

N/A

Top States by Employment

State Employment
California 4,987
Texas 4,888
Illinois 4,424
Ohio 3,532
Florida 3,493
Pennsylvania 2,685
New York 2,237
New Jersey 1,718
Tennessee 1,711
North Carolina 1,628

Showing top 10 of 49 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

231

Total Loan Volume

$191M

Avg Loan Size

$827K

Jobs Supported

2,218

Program Breakdown

7(a) 193 (84%)
504 38 (16%)

Top SBA Lender

The Huntington National Bank

18 loans in this industry

New Business Share

14.3% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
28
2021
39
2022
30
2023
33
2024
45
2025
48
2026
8

Frequently Asked Questions

How profitable is Other Commercial Equipment Merchant Wholesalers?
IRS SOI doesn't publish margin data at the NAICS 42344 level. California leads this industry nationally. The broader Wholesale Trade sector runs a 4.1% net margin (IRS SOI 2023).
How many businesses are in Other Commercial Equipment Merchant Wholesalers?
3,637 business establishments. Together they employ 49,828 workers.
What is the average payroll per employee in Other Commercial Equipment Merchant Wholesalers?
$74,823/yr average annual pay per employee. Businesses average 13.7 employees per establishment.
Which states have the most Other Commercial Equipment Merchant Wholesalers employment?
California leads with 4,987 workers. Texas (4,888) and Illinois (4,424) round out the top three.
How much SBA lending does Other Commercial Equipment Merchant Wholesalers receive?
Other Commercial Equipment Merchant Wholesalers businesses received 231 SBA loans totaling $191 million between FY2020 and FY2026. The average loan size was $827K. These loans supported 2,218 jobs at origination. Most lending (84%) 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: Its Census employment total exceeds 38% of that same 551-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 workforce scale

Same NAICS detail level, ordered by the smallest difference in reported Census employment.

Benchmarking Other Commercial Equipment Merchant Wholesalers

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 42344 · 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.

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.