Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing in Michigan
Revenue benchmarks for construction, mining, and forestry machinery and equipment rental and leasing businesses operating in Michigan.
#9 of 50 states+7.9% vs national avg
Average Revenue
$8.5M
per year
Businesses
44
in Michigan
Revenue / Employee
$366K
per year
Labor Cost
25.0%
of revenue
Profit Margin
20.0%
industry average
Market Saturation
0.4
firms per 100K in MI
Total Revenue
$374.8M
all firms in MI
Total Employees
1,025
in MI
How Michigan Compares
National Average$7.9M
Michigan$8.5M
Difference+$627K (+7.9%)