Cutting Tool and Machine Tool Accessory Manufacturing in Utah

Revenue benchmarks for cutting tool and machine tool accessory manufacturing businesses operating in Utah.

#26 of 50 states-39.2% vs national avg

Average Revenue

$4.0M

per year

Businesses

8

in Utah

Revenue / Employee

$272K

per year

Labor Cost

22.0%

of revenue

Profit Margin

10.0%

industry average

Market Saturation

0.2

firms per 100K in UT

Total Revenue

$31.8M

all firms in UT

Total Employees

117

in UT

How Utah Compares

National Average$6.5M
Utah$4.0M
Difference$2.6M (-39.2%)