Electrical Contractors and Other Wiring Installation Contractors in New Mexico
Revenue benchmarks for electrical contractors and other wiring installation contractors businesses operating in New Mexico.
#36 of 50 states-26.1% vs national avg
Average Revenue
$2.0M
per year
Businesses
557
in New Mexico
Revenue / Employee
$193K
per year
Labor Cost
30.0%
of revenue
Profit Margin
7.0%
industry average
Market Saturation
26.3
firms per 100K in NM
Total Revenue
$1.1B
all firms in NM
Total Employees
5,744
in NM
How New Mexico Compares
National Average$2.7M
New Mexico$2.0M
Difference$704K (-26.1%)