Short answer
Wisconsin had 144,774 business establishments with paid employees in 2023, 21st among states, employing 2,642,958 people, according to the Census Bureau; manufacturing employed 479,846 of them. The largest companies headquartered in Wisconsin, by revenue in their latest 10-Ks, are Fiserv ($21.19 billion), ManpowerGroup ($17.96 billion), Kohl's ($15.53 billion), Oshkosh Corporation ($10.42 billion) and WEC Energy Group ($9.80 billion). Nine of the top 15 are in the Milwaukee area.
- Manufacturing employs 18.2% of Wisconsin's private-sector workers, at 8,479 plants averaging 57 employees.
- The state has 176 cheese plants employing 22,740 people, an average of 129 per plant.
- Dane County, home to Madison, has 14,765 establishments, second only to Milwaukee County.
- The nine Milwaukee-area companies in the top 15 reported 73.5% of the group's $124.09 billion.
- Exact Sciences of Madison, a $3.25 billion company, became part of Abbott in March 2026.
On this page
This page is for anyone looking for Wisconsin companies: to buy from, work for, research or sell to. It covers the Census count statewide and by county, what Wisconsin businesses make, the 15 biggest headquarters with figures from their filings grouped by region, the records for checking a company, and a worked example among the state's cheese makers.
How many businesses are in Wisconsin
| Measure | Wisconsin, 2023 |
|---|---|
| Establishments with paid employees | 144,774 |
| Employees | 2,642,958 |
| Annual payroll | $161,457,823,000 |
| Average annual pay | $61,090 |
| Average employees per establishment | 18.3 |
| Share of US establishments | 1.73% |
| Rank among states by establishments | 21 |
| Employees at the establishment | Establishments |
|---|---|
| 1 to 4 | 73,143 |
| 5 to 9 | 27,152 |
| 10 to 19 | 19,986 |
| 20 to 49 | 15,202 |
| 50 to 99 | 5,071 |
| 100 to 249 | 2,926 |
| 250 to 499 | 832 |
| 500 to 999 | 302 |
| 1,000 or more | 160 |
In bands, 120,281 establishments have 1 to 19 employees, 20,273 have 20 to 99 and 4,220 have 100 or more. County Business Patterns covers all sectors, counts every location with a payroll separately and leaves out the self-employed, including most family farms. Figures are for 2023, with employment in mid-March.
Where Wisconsin's businesses are
| County | Main city | Establishments | Employees | Employees per establishment |
|---|---|---|---|---|
| Milwaukee | Milwaukee | 20,466 | 435,400 | 21.3 |
| Dane | Madison | 14,765 | 314,435 | 21.3 |
| Waukesha | Waukesha, Brookfield | 12,761 | 246,232 | 19.3 |
| Brown | Green Bay | 6,722 | 142,969 | 21.3 |
| Outagamie | Appleton | 5,304 | 101,784 | 19.2 |
| Racine | Racine | 4,114 | 69,594 | 16.9 |
| Winnebago | Oshkosh, Neenah | 3,784 | 91,036 | 24.1 |
| Marathon | Wausau | 3,436 | 65,770 | 19.1 |
| Kenosha | Kenosha | 3,403 | 67,834 | 19.9 |
| La Crosse | La Crosse | 3,151 | 66,633 | 21.1 |
Milwaukee, Dane and Waukesha counties hold 33.1% of the state's establishments, against 58.5% for the three largest counties in Illinois, so a Wisconsin territory has to cover several regional centers. Winnebago County, home to Oshkosh Corporation and Plexus, has the biggest workplaces of any large county, 24.1 employees each. The Green Bay and Fox Valley counties (Brown, Outagamie and Winnebago) together have 15,810 establishments.
What Wisconsin businesses do
| Industry (NAICS) | Establishments | Employees | Average pay |
|---|---|---|---|
| Retail trade (44 to 45) | 18,044 | 312,489 | $34,687 |
| Health care and social assistance (62) | 17,592 | 410,656 | $62,018 |
| Construction (23) | 14,679 | 133,159 | $83,519 |
| Finance and insurance (52) | 8,673 | 139,100 | $105,175 |
| Manufacturing (31 to 33) | 8,479 | 479,846 | $68,429 |
| Machinery (333) | 942 | 61,414 | $78,196 |
| Transportation equipment (336) | 257 | 31,187 | $63,853 |
| Dairy products (3115) | 228 | 28,286 | $65,719 |
| Paper (322) | 200 | 26,617 | $76,801 |
Average pay is our calculation. Manufacturing employs more people than any other sector, ahead of health care. Within it, machinery is the largest group, and dairy and paper, the two industries most tied to Wisconsin's farms and forests, still employ 54,903 people between them.
The largest companies headquartered in Wisconsin
Ranked by revenue in each company's latest 10-K, with the city from its cover page:
| Rank | Company | Headquarters | Region | Revenue | Fiscal year ended |
|---|---|---|---|---|---|
| 1 | Fiserv | Milwaukee | Milwaukee area | $21.19 billion | Dec 2025 |
| 2 | ManpowerGroup | Milwaukee | Milwaukee area | $17.96 billion | Dec 2025 |
| 3 | Kohl's | Menomonee Falls | Milwaukee area | $15.53 billion | Jan 2026 |
| 4 | Oshkosh Corporation | Oshkosh | Fox Valley | $10.42 billion | Dec 2025 |
| 5 | WEC Energy Group | Milwaukee | Milwaukee area | $9.80 billion | Dec 2025 |
| 6 | Rockwell Automation | Milwaukee | Milwaukee area | $8.34 billion | Sep 2025 |
| 7 | Regal Rexnord | Milwaukee | Milwaukee area | $5.93 billion | Dec 2025 |
| 8 | Schneider National | Green Bay | Northeast | $5.67 billion | Dec 2025 |
| 9 | Snap-on | Kenosha | Southeast | $5.16 billion | Jan 2026 |
| 10 | Harley-Davidson | Milwaukee | Milwaukee area | $4.47 billion | Dec 2025 |
| 11 | Alliant Energy | Madison | South central | $4.36 billion | Dec 2025 |
| 12 | Generac | Waukesha | Milwaukee area | $4.21 billion | Dec 2025 |
| 13 | Plexus | Neenah | Fox Valley | $4.03 billion | Sep 2025 |
| 14 | A. O. Smith | Milwaukee | Milwaukee area | $3.83 billion | Dec 2025 |
| 15 | Modine Manufacturing | Racine | Southeast | $3.18 billion | Mar 2026 |
Snap-on's figure is total revenue including its financial services arm, Kohl's includes other revenue on top of $14.78 billion of net sales, and Rockwell's and Plexus's are for years to September 2025. Spectrum Brands of Middleton ($2.81 billion, year to September 2025) and Quad of Sussex ($2.42 billion) come next. Outside the metros, Lands' End reported $1.34 billion from Dodgeville.
Two well-known names aren't ranked. Exact Sciences of Madison, which reported $3.25 billion in 2025, completed its merger with Abbott Laboratories on March 23, 2026. And Johnson Controls, long tied to Milwaukee, gives Cork, Ireland as its principal executive office in its 10-K. Many of the state's other big employers are private or mutual companies that don't file with the SEC. For the Milwaukee metro alone, see companies in Milwaukee.
Finding and checking a Wisconsin company
| Source | What it's good for |
|---|---|
| Wisconsin Department of Financial Institutions, corporate records search | The state register of corporations and LLCs: status, registered agent and annual report history |
| SEC EDGAR, Wisconsin filers | 10-Ks for the state's public companies |
| Wisconsin Economic Development Corporation | Profiles of the state's key industries, including advanced manufacturing, food and beverage, forest products and water technology |
| Wisconsin Manufacturers and Commerce | The statewide chamber and manufacturers' association |
| New North | Regional economic development for Northeast Wisconsin |
| Greater Green Bay Chamber | Member businesses and regional data for Brown County |
To vet a supplier, confirm the entity is in good standing with the Department of Financial Institutions, check any state license its trade requires, and for food suppliers ask for their state dairy or food processing license and recent inspection results.
Prospecting Wisconsin's cheese makers
Cheese is the industry that makes Wisconsin's business map unusual: 176 plants employing 22,740 people, most of them mid-sized and many far from a metro.
Illustrative example. The company, rates and results are fictional; the counts are from County Business Patterns.
Driftless Food Lab (driftlessfoodlab.example) runs pathogen and shelf-life testing for dairy plants, with courier pickup.
- Cheese manufacturing establishments (NAICS 311513) in Wisconsin with 20 to 249 employees: 33 + 32 + 43 = 108.
- Plants with 250 to 499 employees add 20, for 128.
- It assumes a quarter already run full in-house labs and won't switch: about 96 plants that send testing out.
- Winning one in eight of those in a year is 12 plants, enough to justify a second courier route.
It targets quality assurance managers and plant managers, and times outreach to customer audits and to new product launches that need shelf-life data. Working out which of 128 plants test in-house, and who runs quality at each, is the research Bebop does for each account.
Subject: Faster pathogen results for [Plant] Hi [first name], When a customer audit or a hold is waiting on pathogen results, every extra day in the lab costs a plant like [Plant] shelf life and cash. We pick up samples from dairy plants across Wisconsin and report most pathogen tests within 48 hours, with results your auditors can pull directly. Could I send our turnaround times and pricing for your current test schedule? [Your name], Driftless Food Lab
Next step: see the full factory picture in manufacturing companies in Wisconsin.
Sources
- County Business Patterns 2023, US Census Bureau, accessed 30 October 2026
- Key Industries, Wisconsin Economic Development Corporation, accessed 30 October 2026
- Fiserv annual report on Form 10-K, fiscal year ended 31 December 2025, Fiserv (SEC EDGAR), 19 February 2026
- ManpowerGroup annual report on Form 10-K, fiscal year ended 31 December 2025, ManpowerGroup (SEC EDGAR), 23 February 2026
- Kohl's annual report on Form 10-K, fiscal year ended 31 January 2026, Kohl's (SEC EDGAR), 19 March 2026
- Oshkosh Corporation annual report on Form 10-K, fiscal year ended 31 December 2025, Oshkosh Corporation (SEC EDGAR), 17 February 2026
- WEC Energy Group annual report on Form 10-K, fiscal year ended 31 December 2025, WEC Energy Group (SEC EDGAR), 20 February 2026
- Rockwell Automation annual report on Form 10-K, fiscal year ended 30 September 2025, Rockwell Automation (SEC EDGAR), 12 November 2025
- Regal Rexnord annual report on Form 10-K, fiscal year ended 31 December 2025, Regal Rexnord (SEC EDGAR), 20 February 2026
- Schneider National annual report on Form 10-K, fiscal year ended 31 December 2025, Schneider National (SEC EDGAR), 20 February 2026
- Snap-on annual report on Form 10-K, fiscal year ended 3 January 2026, Snap-on (SEC EDGAR), 12 February 2026
- Harley-Davidson annual report on Form 10-K, fiscal year ended 31 December 2025, Harley-Davidson (SEC EDGAR), 26 February 2026
- Alliant Energy annual report on Form 10-K, fiscal year ended 31 December 2025, Alliant Energy (SEC EDGAR), 20 February 2026
- Generac Holdings annual report on Form 10-K, fiscal year ended 31 December 2025, Generac Holdings (SEC EDGAR), 18 February 2026
- Plexus annual report on Form 10-K, fiscal year ended 27 September 2025, Plexus (SEC EDGAR), 14 November 2025
- A. O. Smith annual report on Form 10-K, fiscal year ended 31 December 2025, A. O. Smith (SEC EDGAR), 10 February 2026
- Modine Manufacturing annual report on Form 10-K, fiscal year ended 31 March 2026, Modine Manufacturing (SEC EDGAR), 27 May 2026
- Spectrum Brands Holdings annual report on Form 10-K, fiscal year ended 30 September 2025, Spectrum Brands Holdings (SEC EDGAR), 18 November 2025
- Lands' End annual report on Form 10-K, fiscal year ended 30 January 2026, Lands' End (SEC EDGAR), 26 March 2026
- Exact Sciences annual report on Form 10-K, fiscal year ended 31 December 2025, Exact Sciences (SEC EDGAR), 13 February 2026
- Exact Sciences current report on Form 8-K (completion of merger with Abbott Laboratories), Exact Sciences (SEC EDGAR), 23 March 2026
- Johnson Controls International annual report on Form 10-K, fiscal year ended 30 September 2025, Johnson Controls International (SEC EDGAR), 14 November 2025
Written by the Bebop team at Blackpearl Group. Published .
Questions people ask
How many businesses are in Wisconsin?
The Census Bureau counted 144,774 business establishments with paid employees in Wisconsin in 2023, 21st among states and 1.73% of the US total, employing 2,642,958 people. Milwaukee County had 20,466, Dane County 14,765 and Waukesha County 12,761. Most are small, 73,143 had fewer than five employees, and 160 had 1,000 or more.
What are the biggest companies in Wisconsin?
By revenue in their latest 10-K filings, the biggest companies headquartered in Wisconsin are Fiserv of Milwaukee ($21.19 billion in 2025), ManpowerGroup of Milwaukee ($17.96 billion), Kohl's of Menomonee Falls ($15.53 billion for the year to January 2026), Oshkosh Corporation ($10.42 billion) and WEC Energy Group ($9.80 billion). Rockwell Automation, Regal Rexnord, Schneider National, Snap-on and Harley-Davidson follow.
What are the main industries in Wisconsin?
By employment, manufacturing is Wisconsin's largest private sector, with 479,846 employees at 8,479 establishments in 2023, ahead of health care and social assistance (410,656). Machinery makes up the largest manufacturing group, and dairy and paper still employ 54,903 people between them, including 22,740 at 176 cheese plants, according to the Census Bureau's County Business Patterns.
How do I look up a business in Wisconsin?
Search the Wisconsin Department of Financial Institutions' corporate records for a corporation or LLC's status, registered agent and annual report history. For public companies, SEC EDGAR has 10-Ks with revenue, headcount and the official address. For licensed trades, check the state licensing agency for that trade, and for food businesses ask for the state processing license.