532412 — Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing
Description
This U.S. industry comprises establishments primarily engaged in renting or leasing heavy equipment without operators that may be used for construction, mining, or forestry, such as bulldozers, earthmoving equipment, well drilling machinery and equipment, or cranes.
Exclusions & Cross-References
- Renting or leasing cranes with operators--are classified in Industry 238990, All Other Specialty Trade
- Contractors;
- Renting or leasing construction equipment with operators (except cranes)--are classified in Industry
- 238910, Site Preparation Contractors;
- Renting or leasing heavy equipment for mining with operators--are classified in Industry 21311, Support
- Activities for Mining;
- Renting or leasing heavy equipment for forestry with operators--are classified in Industry 115310, Support
- Activities for Forestry; and
- Leasing heavy equipment in combination with providing loans to buyers of such equipment--are classified
- in Sector 52, Finance and Insurance.
Overview Facts
| NAICS Code | 532412 |
|---|---|
| Industry Title | Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing |
| SBA Size Standard | $40,000,000 |
| IRS PBA Code | 532400 (rolled-up match) |
| Sectors Hierarchy | Sector 53 → 532 → 5324 |
| Source / Verified | US Census 2022 NAICS Manual / 2026-06-28 |
Legacy SIC Concordance
Trace the historical mapping chain from the 1987 Standard Industrial Classification (SIC) to the modern 2022 NAICS code format.
- SIC 7353 - Heavy Construction Equipment Rental and Leasing (via SIC1987:7353→NAICS1997:532412→2002:532412→2007:532412→2012:532412→2017:532412→2022:532412)
- SIC 7359 - Equipment Rental and Leasing, NEC (via SIC1987:7359→NAICS1997:532412→2002:532412→2007:532412→2012:532412→2017:532412→2022:532412)
Related Resources & Compliance Guides
Further regulatory reference links for NAICS code 532412:
- Sector 53 Directory Hub — List of related industries in the Real Estate and Rental and Leasing sector.
- SIC ↔ NAICS Crosswalk Tool — Look up mappings between legacy SIC codes and modern classifications.
- SBA Size Standards Guide — Complete rules and averaging periods for small business classifications.
- Calculating Annual Receipts Guide — Detailed worked example of revenue calculation rules.
- IRS Principal Business Activity Guide — How NAICS codes map to corporate and entity tax filings.
Related Industries in 5324
Frequently Asked Questions (FAQ)
Is 532412 a valid 2022 NAICS code?
NAICS 532412 is 'Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing', a 2022 U.S. national industry under Sector 53 (Real Estate and Rental and Leasing); the SBA small-business size standard is $40,000,000.
What is the SBA size standard for NAICS 532412?
The SBA small business size standard for NAICS 532412 is $40,000,000 (based on receipts).
What is the legacy SIC code mapping for 532412?
NAICS code 532412 maps to the legacy 1987 SIC codes: 7353 - Heavy Construction Equipment Rental and Leasing, 7359 - Equipment Rental and Leasing, NEC.