Cutting Tool and Machine Tool Accessory Manufacturing in Rhode Island
Revenue benchmarks for cutting tool and machine tool accessory manufacturing businesses operating in Rhode Island.
#32 of 50 states-60.5% vs national avg
Average Revenue
$2.6M
per year
Businesses
7
in Rhode Island
Revenue / Employee
$248K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.6
firms per 100K in RI
Total Revenue
$18.1M
all firms in RI
Total Employees
73
in RI
How Rhode Island Compares
National Average$6.5M
Rhode Island$2.6M
Difference$4.0M (-60.5%)