Tennessee Business by the Numbers: 2026 Company Breakdown

Key findings

• Tennessee ranks 23rd nationally with 933,475 companies — 1.4% of all 64,799,929 U.S. companies in the directory.
• Nashville is the state’s largest business hub, with 136,669 companies — 14.6% of every company in Tennessee.
• Business is concentrated in a few metros: Nashville, Memphis and Knoxville together hold 33.8% of the state’s companies.
• Industrial & mechanical leads the state’s industries at 258,538 companies (27.7%), across 9 tracked sectors.

How Tennessee ranks nationally

Tennessee and its closest neighbours by total company count. Select a state to open its own study.

Top Tennessee cities by number of companies

These 10 cities account for 51.7% of all companies in Tennessee. Select any city to browse its full company list.

Browse all Tennessee companies →

Tennessee companies by industry

Every company is classified by its primary industry using NAICS/SIC codes. Select a sector to see those Tennessee companies.

What the numbers show

Tennessee’s 933,475 companies place it 23rd nationally, 1.4% of the U.S. total. Activity clusters in its largest metros — Nashville, Memphis and Knoxville alone account for 33.8% of the state’s companies — while industrial & mechanical is the dominant sector at 27.7%. For buyers and sellers, that means the deepest pools of suppliers and manufacturers sit in a handful of cities and one or two sectors; the charts above link straight into each so you can shortlist by capability and region.

Methodology

Figures reflect companies listed in Factur’s U.S. business directory as of 2026, classified by headquarters city and primary industry using NAICS/SIC codes. “Companies” includes manufacturers, suppliers, and B2B businesses of all sizes; counts are directory totals, not official census figures, and percentages are computed against the Tennessee directory total. Data compiled by Factur, a sales and marketing firm for B2B manufacturers.