Wholesale Trade ·NAICS 4247

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

Wholesale Trade — Industry Benchmarks

Profit margins, payroll, employment, and SBA lending for Wholesale Trade (NAICS 4247). Cross-checked against IRS SOI 2023 and Census County Business Patterns. Refreshed as new data lands.

Wholesale Trade (NAICS 4247) operates at a 0.1% net profit margin, significantly below average, typical of high-volume, low-margin sectors. The industry generates $699.7B in total annual receipts across all business entities filing federal tax returns. Census Bureau data identifies 6,213 business establishments employing 101,780 workers nationwide.

The average employee earns $105,894/yr in annual compensation, while the typical business in this industry generates $98.8B in revenue. Businesses average 16.4 employees per establishment. Texas leads in employment concentration for this industry.

Benchmarking Insights for Wholesale Trade

When you read the 0.1% net profit margin for Wholesale Trade, the number only becomes actionable when paired with scale. This industry sits inside the broader Wholesale Trade sector and reports $699.7B of aggregate annual receipts across 7,083 federal tax returns. 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, while the typical establishment here generates $98.8B per year. 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 6,213 active establishments employing 101,780 workers, averaging 16.4 employees per location and paying $105,894/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 110 loans worth $93 million between FY2020 and FY2025, supporting 969 jobs at origination. The average ticket size — $848K — signals the typical capital gap operators bridge when expanding. Wells Fargo 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

0.1%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$699.7B

Annual revenue (IRS SOI)

Net Income

$729.9M

Pre-tax net income

Employment

101,780

Total employees (Census CBP)

Avg Payroll / Employee

$105,894/yr

Annual compensation

Establishments

6,213

Business locations

Where each dollar of revenue goes

Decomposition of every dollar of Wholesale Trade receipts using IRS SOI 2023 aggregate ratios.

Workforce scale

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

Margin position vs national reference points

Wholesale Trade net margin 0.3%
US median (10%)

Plotted against a 0–30% scale. The US business p25 / median / p75 reference points are 5% / 10% / 18% respectively (IRS SOI aggregate).

Business Structure Breakdown

How businesses in this industry are legally structured (IRS SOI)

C Corporation
7,083 returns 100%

Margin: 0.1% · Receipts: $699.7B

Financial Detail

Total Tax Returns Filed
7,083
Total Deductions
N/A
Avg Receipts per Business
$98.8B
Annual Payroll (Total)
$10.8B
Avg Employees per Establishment
16.4

Sub-Industries

Industry Profit Margin
Wholesale Trade

NAICS 42471

N/A
Wholesale Trade

NAICS 42472

N/A

Top States by Employment

State Employment
Texas 18,715
California 7,480
Illinois 4,471
Louisiana 3,533
Michigan 3,422
Georgia 2,899
Pennsylvania 2,730
New York 2,677
Massachusetts 2,204
Indiana 2,148

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

110

FY2020–2025

Total Loan Volume

$93M

7(a) + 504 programs

Avg Loan Size

$848K

Per approved loan

Jobs Supported

969

Reported at origination

Program Breakdown

7(a) Loans 98 loans (89%)
504 Loans 12 loans (11%)

Top SBA Lender

Wells Fargo Bank National Association

6 loans in this industry

New Business Share

21.8% of borrowers were new/startup businesses

Annual Lending Trend

FY2020
15 loans
FY2021
24 loans
FY2022
18 loans
FY2023
12 loans
FY2024
19 loans
FY2025
21 loans
FY2026
1 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?
The Wholesale Trade industry (NAICS 4247) reports total annual receipts of $699.7B across all business entities, based on IRS Statistics of Income data. The average revenue per business is $98.8B.
How profitable is Wholesale Trade?
Wholesale Trade has a net profit margin of 0.1%, which is significantly below average, typical of high-volume, low-margin sectors. This is calculated as net income divided by total receipts from IRS SOI business tax statistics.
How many businesses are in Wholesale Trade?
There are 6,213 business establishments in Wholesale Trade (NAICS 4247) according to Census Bureau County Business Patterns 2023 data. These establishments collectively employ 101,780 workers.
What is the average payroll per employee in Wholesale Trade?
The average annual payroll per employee in Wholesale Trade is $105,894/yr, based on Census Bureau County Business Patterns data. Businesses in this industry average 16.4 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 18,715 workers. California (7,480) and Illinois (4,471) 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 110 SBA loans totaling $93 million between FY2020 and FY2025. The average loan size was $848K. These loans supported 969 jobs at origination. Most lending (89%) 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 4247 · 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