Profit Margin
4.1%
Net income ÷ total receipts (IRS SOI)
Administrative and Support and Waste Management ·NAICS 562
NAICS 562 · IRS SOI 2023 · Census CBP
Waste Management and Remediation Services - Industry Benchmarks
$72,087/yr average annual pay, with 3,236 SBA loans on record for NAICS 562.
- 4.1%
- Net margin
- 494K
- Workers employed
- $72,087/yr
- Avg payroll / employee
- $1.5B
- SBA lending, FY20–26
Data updated July 2026
The verdict · NAICS 562
Waste Management and Remediation Services runs a 4.1% pre-tax net margin - below the national median - across 29K establishments employing 494K workers.
- 4.1%
- Pre-tax net margin (IRS SOI)
- 494K
- Workers employed (Census CBP)
- $72,087/yr
- Avg payroll / employee
- $1.5B
- SBA lending, FY20–26
Benchmarking Insights for Waste Management and Remediation Services
Waste Management and Remediation Services sits inside Administrative and Support and Waste Management at a 4.1% net margin (below the national median), $81.2B in aggregate receipts across 44,537 returns, averaging $1.8B per establishment.
29,237 establishments employ 493,864 workers (16.9/location) at $72,087/yr average annual pay. California leads employment, followed by Texas and Florida.
Total Receipts
$81.2B
Annual revenue (IRS SOI)
Net Income
$3.3B
Pre-tax net income
Employment
493,864
Total employees (Census CBP)
Avg Payroll / Employee
$72,087/yr
Annual compensation
Establishments
29,237
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 15,431; establishment count increased by 618. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Where each dollar of Waste Management and Remediation Services revenue goes
Workforce scale
Waste Management and Remediation Services margin vs national reference points
Waste Management and Remediation Services net margin 13.7%
Cross-industry median (5%)
p25/median/p75 = 3%/5%/8%
Business Structure Breakdown
How businesses in this industry are legally structured (IRS SOI)
C Corporation
14,187 returns 32%
Margin: 4.1% · Receipts: $76.7B
Sole Proprietorship
30,350 returns 68%
Margin: 3.6% · Receipts: $4.4B
Financial Detail
- Total Tax Returns Filed
- 44,537
- Avg Receipts per Business
- $1.8B
- Annual Payroll (Total)
- $35.6B
- Avg Employees per Establishment
- 16.9
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Remediation and Other Waste Management Services NAICS 5629 | N/A |
| Waste Collection NAICS 5621 | N/A |
| Waste Treatment and Disposal NAICS 5622 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| California | 53,724 |
| Texas | 42,293 |
| Florida | 35,216 |
| New York | 23,990 |
| Ohio | 18,467 |
| Illinois | 16,950 |
| South Carolina | 16,228 |
| New Jersey | 15,869 |
| Washington | 15,651 |
| Michigan | 14,236 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
3,236
Total Loan Volume
$1.5B
Avg Loan Size
$459K
Jobs Supported
27,454
Program Breakdown
7(a) 3,037 (94%)
504 199 (6%)
Top SBA Lender
The Huntington National Bank
382 loans in this industry
New Business Share
46.9% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 402
2021 536
2022 435
2023 512
2024 607
2025 648
2026 96
Frequently Asked Questions
What is the average revenue for Waste Management and Remediation Services?
$81.2B in total annual receipts across all Waste Management and Remediation Services businesses. Average per business: $1.8B.
How profitable is Waste Management and Remediation Services?
4.1% net profit margin, below the national median.
How many businesses are in Waste Management and Remediation Services?
29,237 business establishments. Together they employ 493,864 workers.
What is the average payroll per employee in Waste Management and Remediation Services?
$72,087/yr average annual pay per employee. Businesses average 16.9 employees per establishment.
Which states have the most Waste Management and Remediation Services employment?
California leads with 53,724 workers. Texas (42,293) and Florida (35,216) round out the top three.
How much SBA lending does Waste Management and Remediation Services receive?
Waste Management and Remediation Services businesses received 3,236 SBA loans totaling $1.5 billion between FY2020 and FY2026. The average loan size was $459K. These loans supported 27,454 jobs at origination. Most lending (94%) came through the SBA 7(a) program.
Comparable industry benchmarks
These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.
How this ranks: Waste Management and Remediation Services reports a higher net margin than 33% of the 79 IRS-tracked industries at the same NAICS detail level. Its Census employment total exceeds 38% of that same 77-industry cohort. Calculated by ranking this industry's reported value against every other industry at the same NAICS digit-level, not the whole dataset: comparing a 6-digit detail industry to a 2-digit sector would mix incompatible scales.
Closest reported net margins
Same NAICS detail level, ordered by the smallest difference in reported IRS pre-tax margin.
Closest workforce scale
Same NAICS detail level, ordered by the smallest difference in reported Census employment.
Benchmarking Waste Management and Remediation Services
- Net margin: 4.1% vs sector. Browse Administrative and Support and Waste Management
- 29,237 establishments, 493,864 workers. Payroll benchmarks
- 3,236 SBA loans on record. SBA lending 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 562 · Data year: 2023
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.