Transportation and Warehousing ·NAICS 488

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

Transportation and Warehousing — Industry Benchmarks

Profit margins, payroll, employment, and SBA lending for Transportation and Warehousing (NAICS 488). Cross-checked against IRS SOI 2023 and Census County Business Patterns. Refreshed as new data lands.

Transportation and Warehousing (NAICS 488) operates at a 4.6% net profit margin, below the national median. The industry generates $252.4B in total annual receipts across all business entities filing federal tax returns. Census Bureau data identifies 49,494 business establishments employing 853,486 workers nationwide.

The average employee earns $66,808/yr in annual compensation, while the typical business in this industry generates $5.7B in revenue. Businesses average 17.2 employees per establishment. California leads in employment concentration for this industry.

Benchmarking Insights for Transportation and Warehousing

When you read the 4.6% 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 $252.4B of aggregate annual receipts across 43,975 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 $5.7B 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 49,494 active establishments employing 853,486 workers, averaging 17.2 employees per location and paying $66,808/yr per employee annually. California leads the geographic distribution of employment, with Texas and Florida 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 2,595 loans worth $1.5 billion between FY2020 and FY2025, supporting 24,834 jobs at origination. The average ticket size — $562K — 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

4.6%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$252.4B

Annual revenue (IRS SOI)

Net Income

$11.6B

Pre-tax net income

Employment

853,486

Total employees (Census CBP)

Avg Payroll / Employee

$66,808/yr

Annual compensation

Establishments

49,494

Business locations

Where each dollar of revenue goes

Decomposition of every dollar of Transportation and Warehousing 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

Transportation and Warehousing net margin 15.3%
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
43,975 returns 100%

Margin: 4.6% · Receipts: $252.4B

Financial Detail

Total Tax Returns Filed
43,975
Total Deductions
N/A
Avg Receipts per Business
$5.7B
Annual Payroll (Total)
$57.0B
Avg Employees per Establishment
17.2

Sub-Industries

Industry Profit Margin
Transportation and Warehousing

NAICS 4881

N/A
Transportation and Warehousing

NAICS 4882

N/A
Transportation and Warehousing

NAICS 4883

N/A
Transportation and Warehousing

NAICS 4884

N/A
Transportation and Warehousing

NAICS 4885

N/A
Transportation and Warehousing

NAICS 4889

N/A

Top States by Employment

State Employment
California 121,841
Texas 107,464
Florida 76,022
Illinois 48,189
Georgia 37,349
New York 36,816
New Jersey 32,151
Pennsylvania 26,472
Washington 22,980
North Carolina 19,664

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

2,595

FY2020–2025

Total Loan Volume

$1.5B

7(a) + 504 programs

Avg Loan Size

$562K

Per approved loan

Jobs Supported

24,834

Reported at origination

Program Breakdown

7(a) Loans 2,294 loans (88%)
504 Loans 301 loans (12%)

Top SBA Lender

The Huntington National Bank

222 loans in this industry

New Business Share

25.1% of borrowers were new/startup businesses

Annual Lending Trend

FY2020
283 loans
FY2021
368 loans
FY2022
417 loans
FY2023
424 loans
FY2024
500 loans
FY2025
539 loans
FY2026
64 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 488) reports total annual receipts of $252.4B across all business entities, based on IRS Statistics of Income data. The average revenue per business is $5.7B.
How profitable is Transportation and Warehousing?
Transportation and Warehousing has a net profit margin of 4.6%, which is below the national median. 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 49,494 business establishments in Transportation and Warehousing (NAICS 488) according to Census Bureau County Business Patterns 2023 data. These establishments collectively employ 853,486 workers.
What is the average payroll per employee in Transportation and Warehousing?
The average annual payroll per employee in Transportation and Warehousing is $66,808/yr, based on Census Bureau County Business Patterns data. Businesses in this industry average 17.2 employees per establishment. This figure includes wages, salaries, and benefits reported by employers.
Which states have the most Transportation and Warehousing employment?
California leads in Transportation and Warehousing employment with 121,841 workers. Texas (107,464) and Florida (76,022) 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 2,595 SBA loans totaling $1.5 billion between FY2020 and FY2025. The average loan size was $562K. These loans supported 24,834 jobs at origination. Most lending (88%) 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 488 · 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