Apprenticeship Training in Maryland
Revenue benchmarks for apprenticeship training businesses operating in Maryland.
#4 of 50 states+65.0% vs national avg
Average Revenue
$1.7M
per year
Businesses
29
in Maryland
Revenue / Employee
$126K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.5
firms per 100K in MD
Total Revenue
$48.9M
all firms in MD
Total Employees
388
in MD
How Maryland Compares
National Average$1.0M
Maryland$1.7M
Difference+$665K (+65.0%)