NAICS 551112 Quarterly Industry Report
Offices of Other Holding Companies
Comprehensive industry research for valuation professionals, business owners, buyers, and lenders
NAICS Code: 551112Sector: Management of Companies and Enterprises (55)Updated: Q1 2026
About This Report
Fair Market Value has compiled this industry profile of other holding companies (NAICS 551112) using data from the U.S. Census Bureau[5] and SBA Size Standards database[7]. The report integrates current establishment counts of 18,759 businesses and employment figures of 125,874 workers from verified government sources. Published by Fair Market Value and updated quarterly, it provides valuation analysts, business brokers, and financial advisors with current market structure data. Additional data is drawn from Bureau of Labor Statistics[8].. The editorial analysis reflects the independent assessment of FairMarketValue.com's research team, with all quantitative claims sourced to publicly verifiable databases.
Industry Snapshot
Key metrics for the offices of other holding companies industry.
NAICS Sector
55
Management of Companies and Enterprises
Industry Definition & Overview
Offices of Other Holding Companies (NAICS 551112) encompasses legal entities primarily engaged in holding securities or equity interests in non-bank enterprises for the purpose of owning controlling interests or influencing management decisions. Unlike bank holding companies, these entities control diverse business operations across utilities, manufacturing, financial services, retail, and other sectors. The holding company structure allows corporations to diversify geographically and across markets, integrating operations both horizontally and vertically through subsidiary networks per the U.S. Census Bureau[5].
About 18,759 other holding companies currently operate in the United States with an estimated total employment of 125,874 people according to Bureau of Labor Statistics[6] data. This diverse industry includes personal holding companies, savings and loan holding companies, financial holding companies (non-bank), public utility holding companies, and investment-focused entities. Businesses classified under NAICS 551112 do not directly manage or administer the daily operations of entities whose securities they hold, maintaining a pure holding structure focused on ownership and strategic control.
Revenue generation for holding companies flows from multiple sources including subsidiary ownership returns, asset leasing arrangements, centralized administrative services, and diversified investment portfolio activities. Holdings typically include equity stakes in operating companies, debt securities, real estate investments, and alternative investments generating dividends, interest income, and capital appreciation. Risk management across multiple industries becomes possible through this diversified structure while maintaining strategic control through board-level participation and ownership percentages.
What's Included in This Industry
- Personal holding company offices managing family business interests and investments
- Savings and loan holding company parent entities controlling thrift institutions
- Financial holding company offices (non-bank) exercising securities control
- Public utility holding company parent offices managing utility subsidiaries
- Real estate holding company offices controlling property and development assets
- Investment holding company offices managing diversified portfolio companies
- Parent company offices controlling multiple subsidiary corporations
- Strategic offices overseeing subsidiary mergers, acquisitions, and divestitures
- Top-tier holding company operations controlling intermediate holding companies
- Corporate office functions providing centralized strategy and governance
- Holding company offices engaged in equity and debt investment management
NAICS Classification Hierarchy
| Level | Description | Code |
|---|---|---|
| Sector | Management of Companies and Enterprises | 55 |
| Subsector | Management of Companies and Enterprises | 551 |
| Industry Group | Management of Companies and Enterprises | 5511 |
| NAICS Industry | Management of Companies and Enterprises | 55111 |
| National Industry | Offices of Other Holding Companies | 551112 |
Related NAICS Codes
| Code | Description | Relationship |
|---|---|---|
| 551111 | Offices of Bank Holding Companies | Offices of bank holding companies that function with similar control structures but specifically own banking subsidiaries and fall under Federal Reserve regulation |
| 551114 | Corporate, Subsidiary, and Regional Managing Offices | Corporate, subsidiary and regional managing offices that directly administer subsidiary operations, unlike pure holding offices that exercise control without administration |
| 522180 | Savings Institutions and Other Depository Credit Intermediation | Other financial transaction processing institutions that non-bank holding companies may own as investment or service subsidiaries for payment operations |
| 523160 | Commodity Contracts Intermediation | Investment advisory services operations that holding companies may control through subsidiary interests and equity ownership for asset management |
| 523991 | Trust, Fiduciary, and Custody Activities | Trust, fiduciary, and custody activity operations frequently owned by holding companies managing client assets and institutional investment portfolios |
| 525990 | Other Financial Vehicles | Other financial investment activities and pools that holding companies may manage through subsidiary investment vehicles and fund structures |
Geographic Concentration
Top states by share of national establishments.
| # | State | % Est. | Total Est. |
|---|---|---|---|
| 1 | Texas | 9.7% | 654 |
| 2 | Florida | 8.4% | 565 |
| 3 | California | 7.6% | 512 |
| 4 | New York | 7.1% | 480 |
| 5 | Delaware | 6.0% | 406 |
| 6 | Illinois | 3.6% | 242 |
| 7 | Ohio | 3.3% | 225 |
| 8 | Michigan | 3.3% | 223 |
| 9 | Pennsylvania | 3.0% | 199 |
| 10 | Georgia | 2.9% | 198 |
% Of Establishments
0%
10%
Source: County Business Patterns, U.S. Census Bureau[3]
SBA Lending Summary
448
Total SBA Loans
$451.1M
Total Loan Volume
$1.0M
Average Loan Size
14 yrs
Average Loan Term
9.62%
Average Interest Rate
5,968
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[4]
Key Insight: The SBA defines small businesses in this industry based on NAICS 551112 with a size standard of $47 million in annual receipts per the SBA Table of Size Standards[7]. Holding companies must calculate this threshold using average annual receipts for the preceding five fiscal years. About 18,759 businesses operate within this classification, with estimated total annual revenue of $72.5 billion and combined payroll of $9.5 billion. Small holding companies below the threshold may access SBA financing programs[9] designed to support business growth and acquisition strategies. Eligible businesses can access SBA 7(a) loans[10] for working capital, equipment, and acquisition financing, while 504 loans[11] support major fixed-asset purchases including real estate and heavy machinery.
Top SBA Lenders
| # | Lender | Loans | Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Byline Bank | 64 | $104.6M | $1.6M |
| 2 | Live Oak Banking Company | 24 | $40.6M | $1.7M |
| 3 | Grasshopper Bank National Association | 16 | $33.0M | $2.1M |
| 4 | Idaho Central CU | 8 | $29.6M | $3.7M |
| 5 | Heritage Bank | 8 | $28.0M | $3.5M |
Frequently Asked Questions
Common questions about this industry.
What types of businesses operate as other holding companies?
Other holding companies include personal holding companies managing family assets, savings and loan holding companies controlling thrift institutions, financial holding companies (excluding banks), public utility holding companies, real estate holding companies controlling property portfolios, and investment holding companies managing diversified subsidiary networks. Business types range from small family offices to large multinational corporations owning hundreds of subsidiaries. Current data shows about 18,759 holding companies with 125,874 employees across diverse industries per the U.S. Census Bureau[5].
How is the other holding company industry structured?
The industry comprises legal entities primarily owning securities and equity interests in operating companies for strategic control purposes. Holding companies exercise management influence through board participation and ownership percentages without administering subsidiary operations directly. Revenue flows from subsidiary ownership returns, asset leasing, centralized services, and investment portfolio activities. About 18,759 companies operate in this sector. The structure allows risk management across multiple industries while maintaining strategic control through ownership stakes.
What is the SBA size standard for other holding companies?
The SBA sets the size standard for NAICS 551112 at $47 million in average annual receipts for the preceding five fiscal years. This threshold determines small business status for federal contracting and eligibility for SBA lending programs[7]. Companies exceeding this threshold are classified as large for federal contracting purposes. Most large holding companies substantially exceed the figure due to consolidated subsidiary revenues.
What related NAICS codes apply to holding company operations?
Key related codes include NAICS 551111 for bank holding companies with similar control structures, NAICS 551114 for managing offices that directly administer subsidiary operations, NAICS 522180 for financial transaction processing, and NAICS 523160 for investment advisory services. Additional codes include NAICS 523991 for trust and custody operations, NAICS 525990 for other investment activities, and NAICS 525120 for closed-end investment funds. The U.S. Census Bureau[5] maintains the official NAICS classification system.
What industries relate to other holding company operations?
Credit card issuers (NAICS 522210) frequently operate as financial holding company subsidiaries. Securities exchanges and commodity brokerages (NAICS 523210, 523940) represent investment markets for holding companies. Closed-end and open-end investment funds (NAICS 525120, 525910) serve as asset management subsidiaries. Process consulting services (NAICS 541614) support organizational coordination. Manufacturing, utility, real estate, and retail subsidiaries also represent related sectors depending on portfolio composition.
What specific activities are included in this industry classification?
Included activities cover holding securities and equity interests in subsidiary companies, exercising controlling influence over subsidiary management and strategic decisions, receiving investment returns through dividends and appreciation, managing centralized administrative services for subsidiary networks, and acquiring and divesting subsidiary companies. Activities also include board-level strategic planning, subsidiary financing and capital allocation, and implementing corporate governance across diversified subsidiary operations per the U.S. Census Bureau[5].
Can other holding companies access SBA loan programs?
Holding companies below the $47 million size threshold may access SBA loan programs[9] including 7(a) loans for working capital and equipment, 504 loans for real estate financing, and microloans for operational needs. However, SBA programs traditionally focus on businesses engaged in active operations rather than pure holding structures. Small holding companies actively managing subsidiary networks and generating operational revenue may have better program access than passive investment-focused entities.
Which states have the highest concentration of other holding companies?
Other holding companies concentrate in states with major financial centers including New York, California, Texas, and Illinois. Industrial heartland states like Ohio, Pennsylvania, and Indiana host manufacturing-focused holding companies. Real estate holding companies concentrate in Florida, California, and Arizona. Utility holding companies cluster in states with large regulated utility operations including Pennsylvania and Texas. Geographic concentration reflects underlying subsidiary distribution patterns and local market structures.
Sources & References
Government datasets and editorial sources used in this report.
- [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
- [2]U.S. Census Bureau, Economic Census census.gov
- [3]U.S. Census Bureau, County Business Patterns census.gov
- [4]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
- [5]U.S. Census Bureau census.gov
- [6]Bureau of Labor Statistics bls.gov
- [7]SBA Size Standards database sba.gov
- [8]Bureau of Labor Statistics bls.gov
- [9]SBA financing programs sba.gov
- [10]SBA 7(a) loans sba.gov
- [11]504 loans sba.gov
Disclaimer
This publication has been prepared by Fair Market Value (“Fair Market Value”) for informational purposes only. It is provided on an “as-is” and “as available” basis. Fair Market Value makes no representations or warranties, express or implied, regarding the merchantability, fitness for a particular purpose, completeness, or accuracy of the data or information contained herein. This publication is not intended to be, and should not be construed as, professional financial, legal, tax, or investment advice. Users should consult with qualified professionals before making any financial or business decisions based on the information presented.
To the extent permitted by law, Fair Market Value disclaims all liability for loss or damage, direct and indirect, suffered or incurred by any person resulting from the use of, or reliance upon, the data in this publication.
Copyright © 2026 Fair Market Value. All rights reserved. All data, information, articles, graphs, and content contained in this publication are copyrighted works and Fair Market Value hereby reserves all rights. No part of this publication may be copied, reproduced, republished, uploaded to a third party, or distributed without the prior written permission of Fair Market Value.