Electrical Contractors and Other Wiring Installation Contractors in Maryland
Revenue benchmarks for electrical contractors and other wiring installation contractors businesses operating in Maryland.
#2 of 50 states+37.0% vs national avg
Average Revenue
$3.7M
per year
Businesses
1,495
in Maryland
Revenue / Employee
$243K
per year
Labor Cost
30.0%
of revenue
Profit Margin
7.0%
industry average
Market Saturation
24.2
firms per 100K in MD
Total Revenue
$5.5B
all firms in MD
Total Employees
22,762
in MD
How Maryland Compares
National Average$2.7M
Maryland$3.7M
Difference+$998K (+37.0%)