Profit Margin
15.4%
Net income ÷ total receipts (IRS SOI)
Finance and Insurance ·NAICS 52
NAICS 52 · IRS SOI 2013 (C corp) · Census CBP 2023
Finance and Insurance - Industry Benchmarks
$125,425/yr average annual pay, with 7,477 SBA loans on record for NAICS 52.
- 15.4%
- Net margin
- 7.0M
- Workers employed
- $125,425/yr
- Avg payroll / employee
- $3.9B
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 52
Finance and Insurance runs a 15.4% pre-tax net margin - above average for US industries - across 469K establishments employing 7.0M workers.
- 15.4%
- Pre-tax net margin (IRS SOI)
- 7.0M
- Workers employed (Census CBP)
- $125,425/yr
- Avg payroll / employee
- $3.9B
- SBA lending, FY20–26
Use Finance and Insurance's NAICS benchmark as a comparison point, not a forecast for one business.
Finance and Insurance is reported here with financial measures from IRS Statistics of Income and workforce measures from Census County Business Patterns. The page keeps those source systems distinct, shows unavailable fields rather than estimating them, and links the underlying industry context so readers can compare the same NAICS activity before interpreting a margin or payroll figure.
Source: IRS SOI 2013 (C corporation headline) and Census County Business Patterns 2023
Benchmarking Insights for Finance and Insurance
Finance and Insurance sits inside Finance and Insurance at a 15.4% net margin (above average for US industries), $3.7T in aggregate receipts across 243,961 returns, averaging $15.0B per establishment.
469,382 establishments employ 6,991,623 workers (14.9/location) at $125,425/yr average annual pay. Texas leads employment, followed by California and New York.
Finance and Insurance sits in the 58th percentile for employment and the 80th percentile for net margin among 2-digit NAICS industries with reported data.
Total Receipts
$3.7T
Annual revenue (IRS SOI)
Net Income
$564.4B
Pre-tax net income
Employment
6,991,623
Total employees (Census CBP)
Avg Payroll / Employee
$125,425/yr
Annual compensation
Establishments
469,382
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 159,726; establishment count decreased by 11,164. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Subscribe to this industry's release updates (RSS)Where each dollar of Finance and Insurance revenue goes
Workforce scale
Finance and Insurance margin vs national reference points
Finance and Insurance net margin 51.5%
Cross-industry median (5%)
p25/median/p75 = 3%/5%/7%
Business Structure Breakdown
Per-entity IRS SOI tables at their own vintages, shares only when every row shares one year (never mix 2013/2017/2022 populations).
C Corporation SOI 2013
243,961 returns
Margin: 15.4% · Receipts: $3.7T
Partnership SOI 2022
452,181 returns
Margin: 84.8% · Receipts: $385.5B
S Corporation SOI 2017
379,314 returns
Margin: 6.8% · Receipts: $631.0B
Sole Proprietorship SOI 2022
714,448 returns
Margin: 21.9% · Receipts: $123.8B
Financial Detail
- Total Tax Returns Filed
- 243,961
- Avg Receipts per Business
- $15.0B
- Annual Payroll (Total)
- $876.9B
- Avg Employees per Establishment
- 14.9
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Credit Intermediation and Related Activities NAICS 522 | 18.7% |
| Funds, Trusts, and Other Financial Vehicles NAICS 525 | 68.7% |
| Insurance Carriers and Related Activities NAICS 524 | 4.3% |
| Monetary Authorities-Central Bank NAICS 521 | N/A |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities NAICS 523 | 13.2% |
Top States by Employment
| State | Employment |
|---|---|
| Texas | 643,854 |
| California | 634,885 |
| New York | 562,882 |
| Florida | 472,606 |
| Illinois | 365,093 |
| Pennsylvania | 299,515 |
| Ohio | 260,262 |
| New Jersey | 216,373 |
| Georgia | 202,824 |
| Massachusetts | 199,733 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
7,477
Total Loan Volume
$3.9B
Avg Loan Size
$517K
Jobs Supported
41,275
Program Breakdown
7(a) 6,606 (88%)
504 871 (12%)
Top SBA Lender
Live Oak Banking Company
686 loans in this industry
New Business Share
17.2% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 1,192
2021 1,409
2022 1,124
2023 990
2024 1,162
2025 1,436
2026 164
Frequently Asked Questions
What is the average revenue for Finance and Insurance?
$3.7T in total annual receipts across all Finance and Insurance businesses. Average per business: $15.0B.
How profitable is Finance and Insurance?
15.4% net profit margin, above average for US industries.
How many businesses are in Finance and Insurance?
469,382 business establishments. Together they employ 6,991,623 workers.
What is the average payroll per employee in Finance and Insurance?
$125,425/yr average annual pay per employee. Businesses average 14.9 employees per establishment.
Which states have the most Finance and Insurance employment?
Texas leads with 643,854 workers. California (634,885) and New York (562,882) round out the top three.
How much SBA lending does Finance and Insurance receive?
Finance and Insurance businesses received 7,477 SBA loans totaling $3.9 billion between FY2020 and FY2026. The average loan size was $517K. These loans supported 41,275 jobs at origination. Most lending (88%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Finance and Insurance, both at NAICS level 2 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Finance and Insurance ranks #8 of 19 U.S. industries at the 2-digit NAICS level by total employment. According to IRS SOI 2013 IRS Statistics of Income, its reported pre-tax net margin ranks #3 of 15 at that same detail level.
Similar reported net margin
Nearest peer industries by ABS(IRS pre-tax margin) (15.4% here).
Similar workforce scale
Nearest peer industries by ABS(Census employment) (6,991,623 here).
Read with this industry: Understanding profit margins by industry · Finance and Insurance · 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 52 · CBP 2023 · IRS SOI 2013
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.