Electric Power Distribution in Michigan
Revenue benchmarks for electric power distribution businesses operating in Michigan.
#4 of 50 states+84.2% vs national avg
Average Revenue
$317.4M
per year
Businesses
30
in Michigan
Revenue / Employee
$661K
per year
Labor Cost
20.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
0.3
firms per 100K in MI
Total Revenue
$9.5B
all firms in MI
Total Employees
14,396
in MI
How Michigan Compares
National Average$172.3M
Michigan$317.4M
Difference+$145.1M (+84.2%)