Short answer
Alabama had 105,720 business establishments with paid employees in 2023, employing 1,822,666 people, according to the Census Bureau's County Business Patterns, and residents filed 70,466 applications for new businesses in 2025. The largest companies headquartered in Alabama, by revenue in their latest 10-Ks, are Vulcan Materials ($7.94 billion), Regions Financial ($7.53 billion), Encompass Health ($5.94 billion), Construction Partners ($2.81 billion) and Diversified Energy ($1.83 billion).
- Alabama had 105,720 establishments and 1,822,666 employees in 2023: 1.26% of US establishments, 26th among states.
- Manufacturing employs 14.9% of Alabama's workforce in County Business Patterns, against 8.8% nationally.
- The Commerce Department counted 234 new and expanding projects in 2025, with $14.6 billion in investment and 9,388 jobs.
- Limestone County drew $6.65 billion of that investment; Madison County (Huntsville) drew the most jobs, 2,424.
- Seven of the ten largest Alabama-headquartered public companies are in the Birmingham area.
On this page
This page is for anyone who needs to find, size or vet Alabama businesses: suppliers looking for plants to sell to, job seekers, analysts and B2B sellers planning a territory. It covers how many businesses there are, where new ones are being built, the counties and sectors, the public companies headquartered in the state, and how to check any business in the state's records.
How many businesses are in Alabama
County Business Patterns (CBP), from the US Census Bureau, counts every business location with at least one paid employee. Alabama's 2023 figures, for all sectors:
| Measure | Alabama, 2023 |
|---|---|
| Establishments | 105,720 |
| Employees (pay period including March 12) | 1,822,666 |
| Annual payroll | $101,040,212,000 |
| Average employees per establishment | 17.2 |
| Average annual pay | $55,435 |
| Share of US establishments | 1.26% (of 8,361,342) |
| Rank among states by establishments | 26 |
| Employees at the establishment | Establishments |
|---|---|
| 1 to 4 | 53,036 |
| 5 to 9 | 21,196 |
| 10 to 19 | 14,952 |
| 20 to 49 | 10,667 |
| 50 to 99 | 3,188 |
| 100 to 249 | 1,823 |
| 250 to 499 | 528 |
| 500 to 999 | 210 |
| 1,000 or more | 120 |
In bands: 89,184 establishments with 1 to 19 employees, 13,855 with 20 to 99 and 2,681 with 100 or more. Half of all Alabama workplaces have fewer than five people.
What the count leaves out matters. It's establishments, not companies, so a bank with 60 branches counts 60 times. It excludes the self-employed and businesses with no payroll. The Census Bureau's Business Formation Statistics show the wider pool forming: Alabamians filed 70,466 applications for an employer identification number to start a business in 2025, up from 41,505 in 2019. About a quarter (18,132) were "high-propensity" applications, the kind the Census Bureau expects to turn into businesses with payroll. Those totals are our sum of the monthly, not seasonally adjusted, figures.
Where new plants are going
The Alabama Department of Commerce publishes every new and expanding industry project it announces, with company, city, NAICS code, jobs and capital investment. Its 2025 report counts 234 projects, $14,631,210,684 of investment (the highest annual total in state history, it says) and 9,388 job commitments.
| Sector (Commerce's grouping) | Projects | Jobs | Investment |
|---|---|---|---|
| Metals and advanced materials | 58 | 1,484 | $3.21 billion |
| Automotive | 33 | 1,580 | $628 million |
| Agriculture and food | 25 | 583 | $310 million |
| Logistics and distribution | 21 | 907 | $286 million |
| Chemical manufacturing | 19 | 311 | $294 million |
| Forestry and wood products | 15 | 251 | $1.18 billion |
| Aerospace | 12 | 767 | $139 million |
| Bioscience | 8 | 673 | $6.13 billion |
| Defense | 8 | 1,695 | $122 million |
| Technology | 8 | 525 | $1.26 billion |
Bioscience leads on money because of one project: Eli Lilly's plan to spend more than $6 billion on a pharmaceutical ingredient plant in Huntsville and Limestone County, with 450 jobs, which Commerce calls the largest initial investment in Alabama history. Others named in the report include ArcelorMittal's $1.2 billion electrical steel plant in Mobile County, Georgia-Pacific's $800 million mill modernization in Monroe County and Owens Corning's $325 million shingle plant in Prattville.
By county, Limestone led on investment ($6,653,127,635 across 16 projects), followed by Mobile ($2,416,839,840) and Montgomery ($1,199,901,023). Madison led on jobs, with 2,424 from 11 projects. More than half (1,312) come from U.S. Space Command's headquarters operations; the rest are mostly defense and aerospace expansions, such as Northrop Grumman's 200-job missile systems project and a 525-job drone manufacturing expansion.
Where Alabama businesses are
| County | Main city | Establishments | Employees | Average pay |
|---|---|---|---|---|
| Jefferson | Birmingham | 16,989 | 341,042 | $66,634 |
| Madison | Huntsville | 9,295 | 191,024 | $67,688 |
| Mobile | Mobile | 8,960 | 157,810 | $54,348 |
| Baldwin | Daphne, Foley | 6,409 | 72,022 | $45,188 |
| Shelby | Pelham, Alabaster | 5,610 | 87,718 | $62,569 |
| Montgomery | Montgomery | 5,584 | 103,653 | $53,713 |
| Tuscaloosa | Tuscaloosa | 4,189 | 84,004 | $58,303 |
| Lee | Auburn, Opelika | 3,377 | 51,454 | $46,096 |
Average pay is our calculation from CBP payroll. The five largest counties hold 44.7% of the state's establishments. Madison County has fewer than half of Jefferson's workplaces but the highest average pay of the eight, a sign of its engineering and defense base around Redstone Arsenal. Baldwin County, on the Gulf Coast, has many small tourism and retail businesses, at 11.2 employees per site.
What Alabama businesses do
| Sector (NAICS) | Establishments | Employees | Average pay |
|---|---|---|---|
| Retail trade (44 to 45) | 17,877 | 238,329 | $34,151 |
| Health care and social assistance (62) | 11,562 | 268,162 | $58,422 |
| Other services (81) | 11,361 | 81,544 | $35,347 |
| Accommodation and food services (72) | 10,067 | 192,589 | $21,312 |
| Professional, scientific and technical services (54) | 9,813 | 120,697 | $90,391 |
| Construction (23) | 8,982 | 103,761 | $66,248 |
| Finance and insurance (52) | 7,195 | 76,096 | $89,471 |
| Administrative and support services (56) | 5,120 | 167,261 | $43,508 |
| Wholesale trade (42) | 4,843 | 75,758 | $74,289 |
| Manufacturing (31 to 33) | 4,145 | 272,338 | $67,219 |
Manufacturing has the fewest sites in this table but the most jobs, 272,338, at 65.7 employees per establishment. Vehicles drive it: 11 motor vehicle assembly establishments employ 20,041 people at an average of $95,068, and 145 parts plants employ another 32,953. The Commerce Department names four automakers with Alabama plants (Mercedes-Benz, Honda, Hyundai and Mazda Toyota) and says the state produces about a million vehicles a year. Aerospace product and parts makers add 42 establishments and 10,632 jobs, a figure the Census Bureau marks as moderately affected by the noise it adds for confidentiality.
The largest public companies headquartered in Alabama
Ranked by revenue in each company's latest 10-K, with the headquarters city from its cover page:
| Rank | Company | Headquarters | Revenue | Fiscal year ended |
|---|---|---|---|---|
| 1 | Vulcan Materials | Birmingham | $7.94 billion | Dec 2025 |
| 2 | Regions Financial | Birmingham | $7.53 billion | Dec 2025 |
| 3 | Encompass Health | Birmingham | $5.94 billion | Dec 2025 |
| 4 | Construction Partners | Dothan | $2.81 billion | Sep 2025 |
| 5 | Diversified Energy | Birmingham | $1.83 billion | Dec 2025 |
| 6 | Warrior Met Coal | Brookwood | $1.31 billion | Dec 2025 |
| 7 | ADTRAN Holdings | Huntsville | $1.08 billion | Dec 2025 |
| 8 | Medical Properties Trust | Birmingham | $972.0 million | Dec 2025 |
| 9 | ServisFirst Bancshares | Birmingham | $562.4 million | Dec 2025 |
| 10 | Lakeland Industries | Huntsville | $192.6 million | Jan 2026 |
For the two banks, revenue is net interest income plus noninterest income from the 10-K (our calculation): $4.99 billion plus $2.54 billion for Regions. The list is short on giants because Alabama's biggest employers are mostly divisions of companies headquartered elsewhere: the automakers above, aerospace and defense primes in Huntsville, and Alabama Power, a subsidiary of Atlanta-based Southern Company. Private companies don't file 10-Ks, so they're not ranked here.
How to look up an Alabama business
| Source | What it's good for |
|---|---|
| Alabama Secretary of State, Business Entity Records | Search corporations, LLCs and partnerships by name, entity number, or officer, agent or incorporator |
| 2025 New & Expanding Industry Report | Every project Commerce announced in 2025, by county, with company, NAICS code, jobs and investment |
| SEC EDGAR, Alabama filers | Annual reports for public companies headquartered in the state |
Two cautions on the state record. The Secretary of State says corporations are no longer required to file an annual report with its office, so an entity listed as existing may not be trading. And the Business Entities Division says it holds about 250,000 filings, a count of documents rather than active businesses; it doesn't publish a count of active entities. To confirm a supplier, pair the entity record with a recent sign of activity (a permit, a contract award, a current website) and a trade license where one applies.
Prospecting Alabama's new and expanding plants
The Commerce report is a ready-made trigger list. A company announcing a new plant or an expansion will spend on construction, equipment, hiring, training and services over the next one to three years, and the report gives you its name, county, NAICS code and size of commitment.
Illustrative example. The company, rates and results are fictional, to show the method.
Tennessee Valley Commissioning (tvcommissioning.example) validates equipment and utilities for new manufacturing lines. It works from the 2025 report:
- Projects in Limestone and Madison counties: 16 + 11 = 27.
- It keeps only manufacturing NAICS codes (31 to 33) with a stated investment of $10 million or more: 10 (seven in Limestone, three in Madison).
- It checks each company's own news and drops any line already running, leaving, say, 7 live projects.
- Winning two would fill most of a year for a five-person team.
It contacts the plant manager or project engineering lead named in local announcements, not corporate procurement, and times its first email to the groundbreaking or the first hiring push. Sorting live projects from finished ones and finding the right engineer is the account research Bebop does for each company on the list.
Subject: Commissioning for [Company]'s [city] line Hi [first name], Congratulations on the [city] expansion. With [number] jobs to fill and equipment arriving, commissioning and validation usually become the critical path a few months before start of production. We commission and validate new lines across North Alabama and can start with a one-day review of your equipment schedule. Would that be useful before the next milestone? [Your name], Tennessee Valley Commissioning
Next step: for the state's biggest employers by sector, read manufacturing companies in Alabama.
Sources
- County Business Patterns 2023, US Census Bureau, accessed 30 October 2026
- Business Formation Statistics (monthly state data), US Census Bureau, accessed 30 October 2026
- 2025 New & Expanding Industry Announcements Report, Alabama Department of Commerce, accessed 30 October 2026
- Automotive, Alabama Department of Commerce, accessed 30 October 2026
- Business Entities, Alabama Secretary of State, accessed 30 October 2026
- Business Entity Records, Alabama Secretary of State, accessed 30 October 2026
- Vulcan Materials annual report on Form 10-K, fiscal year ended 31 December 2025, Vulcan Materials (SEC EDGAR), 19 February 2026
- Regions Financial annual report on Form 10-K, fiscal year ended 31 December 2025, Regions Financial (SEC EDGAR), 24 February 2026
- Encompass Health annual report on Form 10-K, fiscal year ended 31 December 2025, Encompass Health (SEC EDGAR), 26 February 2026
- Construction Partners annual report on Form 10-K, fiscal year ended 30 September 2025, Construction Partners (SEC EDGAR), 25 November 2025
- Diversified Energy annual report on Form 10-K, fiscal year ended 31 December 2025, Diversified Energy (SEC EDGAR), 26 February 2026
- Warrior Met Coal annual report on Form 10-K, fiscal year ended 31 December 2025, Warrior Met Coal (SEC EDGAR), 12 February 2026
- ADTRAN Holdings annual report on Form 10-K, fiscal year ended 31 December 2025, ADTRAN Holdings (SEC EDGAR), 26 February 2026
- Medical Properties Trust annual report on Form 10-K, fiscal year ended 31 December 2025, Medical Properties Trust (SEC EDGAR), 26 February 2026
- ServisFirst Bancshares annual report on Form 10-K, fiscal year ended 31 December 2025, ServisFirst Bancshares (SEC EDGAR), 27 February 2026
- Lakeland Industries annual report on Form 10-K, fiscal year ended 31 January 2026, Lakeland Industries (SEC EDGAR), 16 April 2026
Written by the Bebop team at Blackpearl Group. Published .
Questions people ask
How many businesses are in Alabama?
The Census Bureau counted 105,720 business establishments with paid employees in Alabama in 2023, 26th among states, employing 1,822,666 people with $101.0 billion in payroll. That counts workplaces, not companies, and leaves out the self-employed. The wider pool is growing: Alabamians filed 70,466 applications to start businesses in 2025, according to the Census Bureau's Business Formation Statistics.
What are the biggest companies in Alabama?
By revenue in their latest 10-K filings, the largest companies headquartered in Alabama are Vulcan Materials ($7.94 billion in 2025), Regions Financial ($7.53 billion in net interest and noninterest income), Encompass Health ($5.94 billion), Construction Partners of Dothan ($2.81 billion) and Diversified Energy ($1.83 billion). Many of the state's largest employers, including its four automakers, are owned by companies based elsewhere.
Which county in Alabama has the most businesses?
Jefferson County, home to Birmingham, with 16,989 establishments and 341,042 employees in 2023, according to County Business Patterns. Madison County (Huntsville) is second with 9,295 and Mobile County third with 8,960. Madison has the highest average pay of the large counties, $67,688 a year, reflecting its aerospace and defense employers.
How do I look up a business in Alabama?
Use the Alabama Secretary of State's Business Entity Records search, which finds corporations, LLCs and partnerships by name, entity number, or officer, agent or incorporator. Corporations no longer file annual reports with the Secretary of State, so check for recent activity too. For public companies, read their 10-K filings on SEC EDGAR; for new plants, see the Commerce Department's New & Expanding Industry report.
Which companies are building new plants in Alabama?
The Alabama Department of Commerce lists them in its annual New & Expanding Industry report. The 2025 edition counts 234 projects with $14.6 billion of investment and 9,388 jobs, including Eli Lilly's planned plant of more than $6 billion in Huntsville and Limestone County, ArcelorMittal's $1.2 billion steel plant in Mobile County and Owens Corning's $325 million plant in Prattville.