Profit Margin
0.9%
Net income ÷ total receipts (IRS SOI)
Wholesale Trade ·NAICS 4245
NAICS 4245 · IRS SOI 2013 (C corp) · Census CBP 2023
Farm Product Raw Material Merchant Wholesalers - Industry Benchmarks
$74,701/yr average annual pay, with 137 SBA loans on record for NAICS 4245.
- 0.9%
- Net margin
- 60K
- Workers employed
- $74,701/yr
- Avg payroll / employee
- $119M
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 4245
Farm Product Raw Material Merchant Wholesalers runs a 0.9% pre-tax net margin - significantly below average, typical of high-volume, low-margin sectors - across 6K establishments employing 60K workers.
- 0.9%
- Pre-tax net margin (IRS SOI)
- 60K
- Workers employed (Census CBP)
- $74,701/yr
- Avg payroll / employee
- $119M
- SBA lending, FY20–26
Use Farm Product Raw Material Merchant Wholesalers's NAICS benchmark as a comparison point, not a forecast for one business.
Farm Product Raw Material Merchant Wholesalers 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 Farm Product Raw Material Merchant Wholesalers
Farm Product Raw Material Merchant Wholesalers sits inside Wholesale Trade at a 0.9% net margin (significantly below average, typical of high-volume, low-margin sectors), $179.8B in aggregate receipts across 4,173 returns, averaging $43.1B per establishment.
6,100 establishments employ 60,156 workers (9.9/location) at $74,701/yr average annual pay. Iowa leads employment, followed by Illinois and California.
Farm Product Raw Material Merchant Wholesalers sits in the 23rd percentile for employment and the 6th percentile for net margin among 4-digit NAICS industries with reported data.
Total Receipts
$179.8B
Annual revenue (IRS SOI)
Net Income
$1.6B
Pre-tax net income
Employment
60,156
Total employees (Census CBP)
Avg Payroll / Employee
$74,701/yr
Annual compensation
Establishments
6,100
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment decreased by 5,395; establishment count decreased by 112. 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 Farm Product Raw Material Merchant Wholesalers revenue goes
Workforce scale
Farm Product Raw Material Merchant Wholesalers margin vs national reference points
Farm Product Raw Material Merchant Wholesalers net margin 3.0%
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
4,173 returns 100%
Margin: 0.9% · Receipts: $179.8B
Financial Detail
- Total Tax Returns Filed
- 4,173
- Avg Receipts per Business
- $43.1B
- Annual Payroll (Total)
- $4.5B
- Avg Employees per Establishment
- 9.9
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Grain and Field Bean Merchant Wholesalers NAICS 42451 | N/A |
| Livestock Merchant Wholesalers NAICS 42452 | N/A |
| Other Farm Product Raw Material Merchant Wholesalers NAICS 42459 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Iowa | 5,914 |
| Illinois | 5,267 |
| California | 4,937 |
| Kansas | 4,029 |
| Nebraska | 3,543 |
| Minnesota | 3,344 |
| Texas | 3,118 |
| Missouri | 2,082 |
| Indiana | 1,504 |
| Wisconsin | 1,375 |
Showing top 10 of 48 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
137
Total Loan Volume
$119M
Avg Loan Size
$868K
Jobs Supported
1,083
Program Breakdown
7(a) 125 (91%)
504 12 (9%)
Top SBA Lender
Bank of Bridger, National Association
22 loans in this industry
New Business Share
17.5% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 16
2021 48
2022 18
2023 18
2024 20
2025 16
2026 1
Frequently Asked Questions
What is the average revenue for Farm Product Raw Material Merchant Wholesalers?
$179.8B in total annual receipts across all Farm Product Raw Material Merchant Wholesalers businesses. Average per business: $43.1B.
How profitable is Farm Product Raw Material Merchant Wholesalers?
0.9% net profit margin, significantly below average, typical of high-volume, low-margin sectors.
How many businesses are in Farm Product Raw Material Merchant Wholesalers?
6,100 business establishments. Together they employ 60,156 workers.
What is the average payroll per employee in Farm Product Raw Material Merchant Wholesalers?
$74,701/yr average annual pay per employee. Businesses average 9.9 employees per establishment.
Which states have the most Farm Product Raw Material Merchant Wholesalers employment?
Iowa leads with 5,914 workers. Illinois (5,267) and California (4,937) round out the top three.
How much SBA lending does Farm Product Raw Material Merchant Wholesalers receive?
Farm Product Raw Material Merchant Wholesalers businesses received 137 SBA loans totaling $119 million between FY2020 and FY2026. The average loan size was $868K. These loans supported 1,083 jobs at origination. Most lending (91%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Farm Product Raw Material Merchant Wholesalers, both at NAICS level 4 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Farm Product Raw Material Merchant Wholesalers ranks #200 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 #118 of 126 at that same detail level.
Similar reported net margin
Nearest peer industries by ABS(IRS pre-tax margin) (0.9% here).
Similar workforce scale
Nearest peer industries by ABS(Census employment) (60,156 here).
Read with this industry: Understanding profit margins by industry · Wholesale Trade · 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 4245 · 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.