Utah Business Data
Businesses, industries, public companies, banks, trucking companies, new business applications and bankruptcies in Utah.
- Employer establishments
- 95,494
- 2023
- Employees
- 1,579,974
- New applications, 12 months
- 88,527
- +31.5% vs. prior 12 months
Industries
Employer businesses in 2023
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| Industry | Establishments | Employees | Average pay |
|---|---|---|---|
| Administrative and support services | 5,527 | 195,297 | $51,737 |
| Retail trade | 10,270 | 178,708 | $38,482 |
| Health care and social assistance | 10,381 | 176,253 | $56,269 |
| Manufacturing | 3,665 | 145,645 | $70,182 |
| Accommodation and food services | 7,003 | 143,157 | $22,841 |
| Construction | 13,022 | 117,792 | $67,640 |
| Professional and technical services | 13,540 | 113,902 | $80,897 |
| Finance and insurance | 5,717 | 85,525 | $95,584 |
| Transportation and warehousing | 2,904 | 78,196 | $75,367 |
| Wholesale trade | 3,645 | 63,715 | $77,991 |
| Educational services | 1,504 | 62,933 | $40,028 |
| Other services | 6,461 | 60,737 | $48,233 |
| Information | 2,004 | 59,792 | $118,485 |
| Arts, entertainment and recreation | 1,651 | 31,238 | $30,060 |
| Management of companies | 527 | 26,147 | $126,225 |
| Real estate and rental | 6,808 | 25,647 | $60,182 |
| Mining, oil and gas | 409 | 10,195 | $90,753 |
| Utilities | 236 | 4,537 | $115,354 |
| Agriculture, forestry and fishing | 116 | 389 | $63,512 |
Total annual payroll: $96.4B
Largest public companies in Utah
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| # | Company | Revenue | Net income |
|---|---|---|---|
| 1 | Autoliv IncALV | $10.81B | $735M |
| 2 | PACS Group, Inc.PACS | $5.29B | $191.5M |
| 3 | Skywest IncSKYW | $4.06B | $428.3M |
| 4 | Extra Space Storage Inc.EXR | $3.38B | $974M |
| 5 | Pattern Group Inc.PTRN | $2.5B | $16.25M |
| 6 | PROG Holdings, Inc.PRG | $2.41B | $146.8M |
| 7 | Green Dot CorpGDOT | $2.08B | -$98.87M |
| 8 | Merit Medical Systems IncMMSI | $1.52B | $128.5M |
| 9 | NU Skin Enterprises, Inc.NUS | $1.49B | $160.2M |
| 10 | Healthequity, Inc.HQY | $1.31B | $215.2M |
Banks headquartered in Utah
44 FDIC-insured banks
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| # | Bank | Total assets | Deposits | Offices |
|---|---|---|---|---|
| 1 | Morgan Stanley Bank, National Association | $419.3B | $278.9B | 1 |
| 2 | American Express National Bank | $213.9B | $171.6B | 1 |
| 3 | Ally Bank | $188.2B | $156.6B | 1 |
| 4 | UBS Bank USA, National Association | $124.4B | $109.3B | 1 |
| 5 | Synchrony Bank | $115.2B | $85.97B | 1 |
| 6 | Zions Bancorporation, N.A. | $89.04B | $76.62B | 413 |
| 7 | SoFi Bank, National Association | $56.82B | $46.78B | 4 |
| 8 | Sallie Mae Bank | $28.54B | $20.33B | 1 |
| 9 | Optum Bank, Inc. | $21.43B | $16.52B | 1 |
| 10 | Comenity Capital Bank | $13.86B | $10.99B | 1 |
Trucking companies
Carriers in this state- Active carriers
- 23,975
- Power units
- 107,964
- Drivers
- 110,951
New businesses and bankruptcies
- 88,527 new business applications in the 12 months through September 2026.
- 184 business bankruptcy cases in the 12 months ending June 2026 (+33.3% from a year earlier).
Counties
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| County | Establishments | Employees | Average pay |
|---|---|---|---|
| Salt Lake County | 35,732 | 693,721 | $70,569 |
| Utah County | 17,568 | 274,566 | $55,792 |
| Davis County | 8,636 | 103,131 | $51,685 |
| Washington County | 7,191 | 69,411 | $44,418 |
| Weber County | 6,389 | 96,241 | $50,731 |
| Cache County | 4,140 | 56,328 | $50,378 |
| Summit County | 2,810 | 33,144 | $52,633 |
| Iron County | 1,935 | 18,547 | $42,729 |
| Wasatch County | 1,345 | 10,384 | $54,360 |
| Box Elder County | 1,332 | 20,234 | $61,028 |
| Tooele County | 1,187 | 14,102 | $45,058 |
| Uintah County | 1,149 | 10,669 | $57,173 |
| Duchesne County | 675 | 6,427 | $65,253 |
| Sevier County | 616 | 7,744 | $46,219 |
| Grand County | 564 | 5,274 | $41,079 |
| Sanpete County | 534 | 5,367 | $38,362 |
| Carbon County | 495 | 5,906 | $48,665 |
| Morgan County | 382 | 2,206 | $53,380 |
| Kane County | 345 | 3,532 | $43,699 |
| Millard County | 301 | 3,516 | $56,618 |
| Juab County | 288 | 3,067 | $46,338 |
| San Juan County | 285 | 3,172 | $47,474 |
| Garfield County | 203 | 1,628 | $41,812 |
| Beaver County | 198 | 2,001 | $37,120 |
| Emery County | 194 | 2,354 | $58,645 |
| Rich County | 128 | 667 | $47,595 |
| Wayne County | 118 | 779 | $41,715 |
| Piute County | 36 | 111 | $27,423 |
| Daggett County | 31 | 167 | $50,186 |
Source: U.S. Census Bureau, SEC, FDIC, FMCSA and the U.S. Courts · Last updated 12/31/2023