Real Estate and Rental and Leasing ·NAICS 532

NAICS 532 · IRS SOI 2013 (C corp) · Census CBP 2023

Rental and Leasing Services - Industry Benchmarks

$66,865/yr average annual pay, with 2,420 SBA loans on record for NAICS 532.

4.1%
Net margin: 528K
Workers employed: $66,865/yr
Avg payroll / employee: $1.4B
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 532

Rental and Leasing Services runs a 4.1% pre-tax net margin - below the national median - across 52K establishments employing 528K workers.

4.1%
Pre-tax net margin (IRS SOI): 528K
Workers employed (Census CBP): $66,865/yr
Avg payroll / employee: $1.4B
SBA lending, FY20–26

Use Rental and Leasing Services's NAICS benchmark as a comparison point, not a forecast for one business.

Rental and Leasing Services 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 Rental and Leasing Services

Rental and Leasing Services sits inside Real Estate and Rental and Leasing at a 4.1% net margin (below the national median), $130.1B in aggregate receipts across 38,605 returns, averaging $3.4B per establishment.

52,037 establishments employ 528,160 workers (10.2/location) at $66,865/yr average annual pay. Texas leads employment, followed by California and Illinois.

Rental and Leasing Services sits in the 39th percentile for employment and the 39th percentile for net margin among 3-digit NAICS industries with reported data.

Profit Margin

4.1%

Net income ÷ total receipts (IRS SOI)

Total Receipts

$130.1B

Annual revenue (IRS SOI)

Net Income

$5.3B

Pre-tax net income

Employment

528,160

Total employees (Census CBP)

Avg Payroll / Employee

$66,865/yr

Annual compensation

Establishments

52,037

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 36,019; establishment count increased by 1,054. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Where each dollar of Rental and Leasing Services revenue goes

Receipts decomposition, IRS Statistics of Income 2023 aggregate for Rental and Leasing Services

Workforce scale

Establishment size, Rental and Leasing Services (Census SUSB)

Rental and Leasing Services margin vs national reference points

Rental and Leasing Services net margin 13.6%

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

38,605 returns

Margin: 4.1% · Receipts: $130.1B

Sole Proprietorship SOI 2022

95,567 returns

Margin: -6.6% · Receipts: $9.1B

Financial Detail

Total Tax Returns Filed: 38,605
Avg Receipts per Business: $3.4B
Annual Payroll (Total): $35.3B
Avg Employees per Establishment: 10.2

Sub-Industries

Industry	Profit Margin	Employment	Avg Payroll/Emp
Automotive Equipment Rental and Leasing NAICS 5321	3.0%	N/A	N/A
Commercial and Industrial Machinery and Equipment Rental and Leasing NAICS 5324	5.1%	217,838	$82,379/yr
Consumer Goods Rental NAICS 5322	4.6%	115,060	$49,697/yr
General Rental Centers NAICS 5323	N/A	19,738	$59,025/yr

Top States by Employment

State	Employment	Establishments	Annual Payroll	Avg Payroll/Emp
Texas	65,646	5,595	$4.9B	$74,243/yr
California	65,628	5,814	$4.8B	$73,083/yr
Illinois	22,488	1,761	$1.7B	$73,870/yr
New York	20,088	2,325	$1.3B	$66,165/yr
Ohio	19,402	1,712	$1.2B	$60,928/yr
Georgia	18,201	1,791	$1.1B	$61,531/yr
New Jersey	15,706	1,192	$1.2B	$76,975/yr
Louisiana	15,181	1,152	$1.1B	$69,398/yr
Arizona	11,490	1,028	$687.5M	$59,838/yr
Michigan	11,089	1,387	$681.5M	$61,453/yr

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

2,420

Total Loan Volume

$1.4B

Avg Loan Size

$581K

Jobs Supported

20,650

Program Breakdown

7(a) 2,143 (89%)

504 277 (11%)

Top SBA Lender

U.S. Bank, National Association

124 loans in this industry

New Business Share

32.3% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020

280

2021

360

2022

319

2023

426

2024

447

2025

514

2026

View SBA lending rankings →

Frequently Asked Questions

What is the average revenue for Rental and Leasing Services?

$130.1B in total annual receipts across all Rental and Leasing Services businesses. Average per business: $3.4B.

How profitable is Rental and Leasing Services?

4.1% net profit margin, below the national median.

How many businesses are in Rental and Leasing Services?

52,037 business establishments. Together they employ 528,160 workers.

What is the average payroll per employee in Rental and Leasing Services?

$66,865/yr average annual pay per employee. Businesses average 10.2 employees per establishment.

Which states have the most Rental and Leasing Services employment?

Texas leads with 65,646 workers. California (65,628) and Illinois (22,488) round out the top three.

How much SBA lending does Rental and Leasing Services receive?

Rental and Leasing Services businesses received 2,420 SBA loans totaling $1.4 billion between FY2020 and FY2026. The average loan size was $581K. These loans supported 20,650 jobs at origination. Most lending (89%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Rental and Leasing Services, both at NAICS level 3 and excluding this code so the neighborhoods are not self-links.

According to Census County Business Patterns 2023, Rental and Leasing Services ranks #47 of 77 U.S. industries at the 3-digit NAICS level by total employment. According to IRS SOI 2013 IRS Statistics of Income, its reported pre-tax net margin ranks #46 of 75 at that same detail level.

Similar reported net margin

Nearest peer industries by ABS(IRS pre-tax margin) (4.1% here).

Water Transportation 4.1% Waste Management and Remediation Services 4.1% Plastics and Rubber Products Manufacturing 4.0%

Similar workforce scale

Nearest peer industries by ABS(Census employment) (528,160 here).

Performing Arts, Spectator Sports, and Related Industries 542,145 Miscellaneous Manufacturing 557,897 Waste Management and Remediation Services 493,864

Read with this industry: Understanding profit margins by industry · Real Estate and Rental and Leasing · 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 532 · 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 Accessed 2026-07-06

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.