New Mexico Business Data
Businesses, industries, public companies, banks, trucking companies, new business applications and bankruptcies in New Mexico.
- Employer establishments
- 44,861
- 2023
- Employees
- 658,702
- New applications, 12 months
- 45,234
- +20.0% vs. prior 12 months
Industries
Employer businesses in 2023
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| Industry | Establishments | Employees | Average pay |
|---|---|---|---|
| Health care and social assistance | 5,562 | 128,748 | $54,246 |
| Accommodation and food services | 4,732 | 96,072 | $24,706 |
| Retail trade | 6,382 | 95,261 | $35,361 |
| Professional and technical services | 4,528 | 64,115 | $90,785 |
| Construction | 4,638 | 46,332 | $61,951 |
| Administrative and support services | 2,041 | 35,174 | $45,067 |
| Manufacturing | 1,266 | 28,044 | $64,015 |
| Other services | 4,277 | 26,806 | $38,946 |
| Finance and insurance | 2,441 | 24,067 | $74,084 |
| Transportation and warehousing | 1,462 | 23,936 | $54,474 |
| Wholesale trade | 1,599 | 20,705 | $67,131 |
| Mining, oil and gas | 625 | 16,794 | $103,190 |
| Arts, entertainment and recreation | 756 | 13,076 | $31,065 |
| Real estate and rental | 2,496 | 10,049 | $54,379 |
| Information | 857 | 9,165 | $64,677 |
| Educational services | 596 | 9,110 | $42,921 |
| Management of companies | 206 | 6,212 | $82,401 |
| Utilities | 238 | 4,497 | $94,586 |
| Agriculture, forestry and fishing | 105 | 436 | $58,757 |
Total annual payroll: $34.95B
Largest public companies in New Mexico
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| # | Company | Revenue | Net income |
|---|---|---|---|
| 1 | Txnm Energy IncTXNM | $2.17B | $169.8M |
| 2 | Array Technologies, Inc.ARRY | $1.28B | -$52.23M |
| 3 | Bancorp 34, Inc.BCTF | $50.78M | $1.69M |
| 4 | Thornburg Income Builder Opportunities TrustTBLD | Not reported | Not reported |
| 5 | Public Service Co of New MexicoPNMXO | Not reported | Not reported |
Banks headquartered in New Mexico
29 FDIC-insured banks
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| # | Bank | Total assets | Deposits | Offices |
|---|---|---|---|---|
| 1 | First American Bank | $1.91B | $1.63B | 21 |
| 2 | Century Bank | $1.36B | $1.23B | 9 |
| 3 | InBank | $1.35B | $1.11B | 16 |
| 4 | Citizens Bank of Las Cruces | $1.17B | $1.05B | 9 |
| 5 | Pioneer Bank | $1.09B | $850.8M | 11 |
| 6 | CNB Bank | $1.07B | $969.7M | 3 |
| 7 | Western Commerce Bank | $863.5M | $779.5M | 12 |
| 8 | The Citizens Bank | $804.3M | $697.5M | 6 |
| 9 | Lea County State Bank | $738.3M | $662.4M | 3 |
| 10 | Four Corners Community Bank | $662.3M | $569.1M | 6 |
Trucking companies
Carriers in this state- Active carriers
- 11,424
- Power units
- 40,792
- Drivers
- 38,418
New businesses and bankruptcies
- 45,234 new business applications in the 12 months through September 2026.
- 94 business bankruptcy cases in the 12 months ending June 2026 (+20.5% from a year earlier).
Counties
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| County | Establishments | Employees | Average pay |
|---|---|---|---|
| Bernalillo County | 16,349 | 277,465 | $55,010 |
| Santa Fe County | 4,976 | 48,934 | $52,618 |
| Doña Ana County | 3,798 | 55,834 | $41,231 |
| San Juan County | 2,475 | 35,168 | $52,919 |
| Sandoval County | 1,928 | 27,552 | $54,158 |
| Lea County | 1,730 | 24,911 | $66,142 |
| Eddy County | 1,551 | 24,234 | $71,823 |
| Chaves County | 1,342 | 16,093 | $42,483 |
| Taos County | 1,083 | 9,460 | $37,047 |
| Curry County | 1,018 | 12,666 | $39,100 |
| Otero County | 988 | 12,847 | $41,595 |
| Valencia County | 962 | 12,051 | $39,838 |
| McKinley County | 940 | 15,236 | $40,392 |
| Lincoln County | 695 | 5,538 | $36,901 |
| Rio Arriba County | 541 | 5,426 | $38,954 |
| Grant County | 533 | 5,976 | $47,776 |
| San Miguel County | 417 | 8,252 | $26,098 |
| Los Alamos County | 373 | 17,888 | $113,028 |
| Colfax County | 372 | 3,329 | $36,728 |
| Luna County | 371 | 4,845 | $38,970 |
| Roosevelt County | 330 | 3,614 | $40,536 |
| Cibola County | 288 | 5,250 | $44,062 |
| Sierra County | 222 | 2,180 | $36,550 |
| Socorro County | 221 | 2,772 | $36,868 |
| Quay County | 214 | 1,779 | $33,260 |
| Torrance County | 205 | 2,070 | $52,069 |
| Guadalupe County | 91 | 971 | $32,222 |
| Hidalgo County | 91 | 734 | $34,206 |
| Union County | 89 | 694 | $36,682 |
| Catron County | 74 | 515 | $39,285 |
| Mora County | 57 | 292 | $33,784 |
| De Baca County | 49 | 232 | $31,901 |
| Harding County | 11 | 40 | $46,150 |
Source: U.S. Census Bureau, SEC, FDIC, FMCSA and the U.S. Courts · Last updated 12/31/2023