Apprenticeship Training in New Mexico
Revenue benchmarks for apprenticeship training businesses operating in New Mexico.
#22 of 50 states-28.1% vs national avg
Average Revenue
$735K
per year
Businesses
12
in New Mexico
Revenue / Employee
$94K
per year
Labor Cost
55.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.6
firms per 100K in NM
Total Revenue
$8.8M
all firms in NM
Total Employees
94
in NM
How New Mexico Compares
National Average$1.0M
New Mexico$735K
Difference$287K (-28.1%)