Profit Margin
13.0%
Net income ÷ total receipts (IRS SOI)
Wholesale Trade ·NAICS 425
NAICS 425 · IRS SOI 2023 · Census CBP
Wholesale Electronic Markets and Agents and Brokers - Industry Benchmarks
$71,985/yr average annual pay, with 649 SBA loans on record for NAICS 425.
- 13.0%
- Net margin
- 244K
- Workers employed
- $71,985/yr
- Avg payroll / employee
- $391M
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 425
Wholesale Electronic Markets and Agents and Brokers runs a 13.0% pre-tax net margin - above average for US industries - across 35K establishments employing 244K workers.
- 13.0%
- Pre-tax net margin (IRS SOI)
- 244K
- Workers employed (Census CBP)
- $71,985/yr
- Avg payroll / employee
- $391M
- SBA lending, FY20–26
Benchmarking Insights for Wholesale Electronic Markets and Agents and Brokers
Wholesale Electronic Markets and Agents and Brokers sits inside Wholesale Trade at a 13.0% net margin (above average for US industries), $15.9B in aggregate receipts across 108,387 returns, averaging $146.6M per establishment.
34,962 establishments employ 243,788 workers (7.0/location) at $71,985/yr average annual pay. California leads employment, followed by Texas and Florida.
Total Receipts
$15.9B
Annual revenue (IRS SOI)
Net Income
$2.1B
Pre-tax net income
Employment
243,788
Total employees (Census CBP)
Avg Payroll / Employee
$71,985/yr
Annual compensation
Establishments
34,962
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment decreased by 6,259; establishment count decreased by 1,244. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Where each dollar of Wholesale Electronic Markets and Agents and Brokers revenue goes
Workforce scale
Wholesale Electronic Markets and Agents and Brokers margin vs national reference points
Wholesale Electronic Markets and Agents and Brokers net margin 43.4%
Cross-industry median (5%)
p25/median/p75 = 3%/5%/8%
Business Structure Breakdown
How businesses in this industry are legally structured (IRS SOI)
C Corporation
13,822 returns 13%
Margin: 17.1% · Receipts: $5.5B
Sole Proprietorship
94,565 returns 87%
Margin: 10.9% · Receipts: $10.4B
Financial Detail
- Total Tax Returns Filed
- 108,387
- Avg Receipts per Business
- $146.6M
- Annual Payroll (Total)
- $17.5B
- Avg Employees per Establishment
- 7.0
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Wholesale Electronic Markets and Agents and Brokers NAICS 4251 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 28,747 |
| Texas | 25,592 |
| Florida | 16,328 |
| Illinois | 9,996 |
| Ohio | 9,710 |
| New York | 9,285 |
| Pennsylvania | 9,227 |
| North Carolina | 8,851 |
| Georgia | 8,117 |
| New Jersey | 7,395 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
649
Total Loan Volume
$391M
Avg Loan Size
$602K
Jobs Supported
3,965
Program Breakdown
7(a) 576 (89%)
504 73 (11%)
Top SBA Lender
Northeast Bank
44 loans in this industry
New Business Share
14.8% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 71
2021 98
2022 85
2023 92
2024 132
2025 152
2026 19
Frequently Asked Questions
What is the average revenue for Wholesale Electronic Markets and Agents and Brokers?
$15.9B in total annual receipts across all Wholesale Electronic Markets and Agents and Brokers businesses. Average per business: $146.6M.
How profitable is Wholesale Electronic Markets and Agents and Brokers?
13.0% net profit margin, above average for US industries.
How many businesses are in Wholesale Electronic Markets and Agents and Brokers?
34,962 business establishments. Together they employ 243,788 workers.
What is the average payroll per employee in Wholesale Electronic Markets and Agents and Brokers?
$71,985/yr average annual pay per employee. Businesses average 7.0 employees per establishment.
Which states have the most Wholesale Electronic Markets and Agents and Brokers employment?
California leads with 28,747 workers. Texas (25,592) and Florida (16,328) round out the top three.
How much SBA lending does Wholesale Electronic Markets and Agents and Brokers receive?
Wholesale Electronic Markets and Agents and Brokers businesses received 649 SBA loans totaling $391 million between FY2020 and FY2026. The average loan size was $602K. These loans supported 3,965 jobs at origination. Most lending (89%) 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: Wholesale Electronic Markets and Agents and Brokers reports a higher net margin than 86% of the 79 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 18% of that same 77-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 reported net margins
Same NAICS detail level, ordered by the smallest difference in reported IRS pre-tax margin.
Closest workforce scale
Same NAICS detail level, ordered by the smallest difference in reported Census employment.
- Broadcasting (except Internet) 262,310
- Support Activities for Mining 288,339
- Beverage and Tobacco Product Manufacturing 291,105
Benchmarking Wholesale Electronic Markets and Agents and Brokers
- Net margin: 13.0% vs sector. Browse Wholesale Trade
- 34,962 establishments, 243,788 workers. Payroll benchmarks
- 649 SBA loans on record. SBA lending 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 425 · 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.
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.