Transportation and Warehousing ·NAICS 481

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

Transportation and Warehousing — Industry Benchmarks

Profit margins, payroll, employment, and SBA lending for Transportation and Warehousing (NAICS 481). Cross-checked against IRS SOI 2023 and Census County Business Patterns. Refreshed as new data lands.

Transportation and Warehousing (NAICS 481) operates at a -0.6% net profit margin, significantly below average, typical of high-volume, low-margin sectors. The industry generates $186.9B in total annual receipts across all business entities filing federal tax returns.

Benchmarking Insights for Transportation and Warehousing

When you read the -0.6% net profit margin for Transportation and Warehousing, the number only becomes actionable when paired with scale. This industry sits inside the broader Transportation and Warehousing sector and reports $186.9B of aggregate annual receipts across 6,783 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 $27.6B 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 4,745 active establishments employing N/A workers. Washington leads the geographic distribution of employment, with Ohio and Utah 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 118 loans worth $119 million between FY2020 and FY2025, supporting 1,697 jobs at origination. The average ticket size — $1009K — signals the typical capital gap operators bridge when expanding. The Huntington National Bank 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

-0.6%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$186.9B

Annual revenue (IRS SOI)

Net Income

$-1169434000

Pre-tax net income

Employment

N/A

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

4,745

Business locations

Where each dollar of revenue goes

Decomposition of every dollar of Transportation and Warehousing receipts using IRS SOI 2023 aggregate ratios.

Margin position vs national reference points

Transportation and Warehousing net margin 0.0%
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
6,783 returns 100%

Margin: -0.6% · Receipts: $186.9B

Financial Detail

Total Tax Returns Filed
6,783
Total Deductions
N/A
Avg Receipts per Business
$27.6B
Annual Payroll (Total)
N/A
Avg Employees per Establishment
N/A

Sub-Industries

Industry Profit Margin
Transportation and Warehousing

NAICS 4811

N/A
Transportation and Warehousing

NAICS 4812

N/A

Top States by Employment

State Employment
Washington 16,190
Ohio 14,030
Utah 11,728
Massachusetts 11,631
Louisiana 2,714
Montana 1,239
Connecticut 1,235
Nebraska 959
New Mexico 795
Kansas 467

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

118

FY2020–2025

Total Loan Volume

$119M

7(a) + 504 programs

Avg Loan Size

$1009K

Per approved loan

Jobs Supported

1,697

Reported at origination

Program Breakdown

7(a) Loans 111 loans (94%)
504 Loans 7 loans (6%)

Top SBA Lender

The Huntington National Bank

12 loans in this industry

New Business Share

25.4% of borrowers were new/startup businesses

Annual Lending Trend

FY2020
16 loans
FY2021
19 loans
FY2022
23 loans
FY2023
18 loans
FY2024
17 loans
FY2025
24 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 Transportation and Warehousing?
The Transportation and Warehousing industry (NAICS 481) reports total annual receipts of $186.9B across all business entities, based on IRS Statistics of Income data. The average revenue per business is $27.6B.
How profitable is Transportation and Warehousing?
Transportation and Warehousing has a net profit margin of -0.6%, 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 Transportation and Warehousing?
There are 4,745 business establishments in Transportation and Warehousing (NAICS 481) according to Census Bureau County Business Patterns 2023 data.
What is the average payroll per employee in Transportation and Warehousing?
Average payroll data for Transportation and Warehousing is not available in the current Census CBP dataset.
Which states have the most Transportation and Warehousing employment?
Washington leads in Transportation and Warehousing employment with 16,190 workers. Ohio (14,030) and Utah (11,728) round out the top three. These figures come from the Census Bureau County Business Patterns 2023 survey.
How much SBA lending does Transportation and Warehousing receive?
Transportation and Warehousing businesses received 118 SBA loans totaling $119 million between FY2020 and FY2025. The average loan size was $1009K. These loans supported 1,697 jobs at origination. Most lending (94%) 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 481 · 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