Profit Margin
15.1%
Net income ÷ total receipts (IRS SOI)
Transportation and Warehousing ·NAICS 492
Profit margins, payroll, employment, and SBA lending for Transportation and Warehousing (NAICS 492). Cross-checked against IRS SOI 2023 and Census County Business Patterns. Refreshed as new data lands.
Transportation and Warehousing (NAICS 492) operates at a 15.1% net profit margin, above average for US industries. The industry generates $18.8B in total annual receipts across all business entities filing federal tax returns. Census Bureau data identifies 16,226 business establishments employing 1,185,718 workers nationwide.
When you read the 15.1% 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 $18.8B of aggregate annual receipts across 1,406,958 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 $13.4M 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 16,226 active establishments employing 1,185,718 workers, averaging 73.1 employees per location. 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 1,546 loans worth $770 million between FY2020 and FY2025, supporting 23,681 jobs at origination. The average ticket size — $498K — signals the typical capital gap operators bridge when expanding. U.S. 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
15.1%
Net income ÷ total receipts (IRS SOI)
Total Receipts
$18.8B
Annual revenue (IRS SOI)
Net Income
$2.8B
Pre-tax net income
Employment
1,185,718
Total employees (Census CBP)
Avg Payroll / Employee
N/A
Annual compensation
Establishments
16,226
Business locations
Decomposition of every dollar of Transportation and Warehousing receipts using IRS SOI 2023 aggregate ratios.
Establishment-size distribution and per-establishment headcount based on Census Statistics of US Businesses (SUSB) typical strata.
Plotted against a 0–30% scale. The US business p25 / median / p75 reference points are 5% / 10% / 18% respectively (IRS SOI aggregate).
How businesses in this industry are legally structured (IRS SOI)
Margin: 15.1% · Receipts: $18.8B
| Industry | Profit Margin |
|---|---|
| Transportation and Warehousing NAICS 4921 | N/A |
| Transportation and Warehousing NAICS 4922 | N/A |
| State | Employment |
|---|---|
| California | 155,857 |
| Texas | 96,073 |
| Florida | 79,538 |
| Illinois | 66,805 |
| New York | 59,946 |
| New Jersey | 50,436 |
| Pennsylvania | 46,969 |
| Georgia | 46,578 |
| Ohio | 38,855 |
| North Carolina | 35,879 |
Showing top 10 of 51 states
Small Business Administration 7(a) and 504 loan data for this industry. Source: SBA FOIA dataset.
SBA Loans Approved
1,546
FY2020–2025
Total Loan Volume
$770M
7(a) + 504 programs
Avg Loan Size
$498K
Per approved loan
Jobs Supported
23,681
Reported at origination
Top SBA Lender
U.S. Bank, National Association
117 loans in this industry
New Business Share
36.3% of borrowers were new/startup businesses
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 →
How to Benchmark Your Business
Use IRS and Census data to compare your financials against industry peers
Understanding Profit Margins by Industry
What IRS profit margin data means and how industries compare
Small Business Financial Benchmarks
Revenue, profit margin, and payroll benchmarks for small businesses
Industry Employment Trends (Census 2023)
Which industries are growing and what Census data reveals
Salary Data
Occupation Wage Benchmarks
BLS salary data by occupation and metro area on WageDex
Labor Market
Industry Labor Statistics
BLS labor force and employment projections by industry on PlainLabor
Tax Data
IRS Tax Statistics
Income, deduction, and filing statistics by state on PlainTaxData
Innovation
Patent Activity Data
USPTO patent grants and applications by technology class on PlainPatent
Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023
NAICS 492 · Data year: 2023
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 · 2025