Wholesale Trade ·NAICS 424690

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 424690). Cross-checked against IRS SOI 2023 and Census County Business Patterns. Refreshed as new data lands.

Wholesale Trade (NAICS 424690) does not have profit margin data available in the current IRS SOI release. Census Bureau data identifies 8,845 business establishments employing 135,062 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 8,845 active establishments employing 135,062 workers, averaging 15.3 employees per location and paying $97,332/yr per employee annually. Texas leads the geographic distribution of employment, with California and Illinois 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 222 loans worth $184 million between FY2020 and FY2025, supporting 1,433 jobs at origination. The average ticket size — $827K — signals the typical capital gap operators bridge when expanding. TD 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

135,062

Total employees (Census CBP)

Avg Payroll / Employee

$97,332/yr

Annual compensation

Establishments

8,845

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)
$13.1B
Avg Employees per Establishment
15.3

Top States by Employment

State Employment
Texas 22,071
California 12,250
Illinois 7,242
Ohio 6,621
New Jersey 5,942
Florida 5,488
Pennsylvania 5,150
Minnesota 4,855
Georgia 4,848
North Carolina 4,447

Showing top 10 of 51 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

222

FY2020–2025

Total Loan Volume

$184M

7(a) + 504 programs

Avg Loan Size

$827K

Per approved loan

Jobs Supported

1,433

Reported at origination

Program Breakdown

7(a) Loans 187 loans (84%)
504 Loans 35 loans (16%)

Top SBA Lender

TD Bank, National Association

15 loans in this industry

New Business Share

13.1% of borrowers were new/startup businesses

Annual Lending Trend

FY2020
33 loans
FY2021
31 loans
FY2022
39 loans
FY2023
28 loans
FY2024
34 loans
FY2025
47 loans
FY2026
10 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 424690) 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 8,845 business establishments in Wholesale Trade (NAICS 424690) according to Census Bureau County Business Patterns 2023 data. These establishments collectively employ 135,062 workers.
What is the average payroll per employee in Wholesale Trade?
The average annual payroll per employee in Wholesale Trade is $97,332/yr, based on Census Bureau County Business Patterns data. Businesses in this industry average 15.3 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 22,071 workers. California (12,250) and Illinois (7,242) 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 222 SBA loans totaling $184 million between FY2020 and FY2025. The average loan size was $827K. These loans supported 1,433 jobs at origination. Most lending (84%) 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 424690 · 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