Engineering Services in New Mexico

Revenue benchmarks for engineering services businesses operating in New Mexico.

#29 of 50 states-31.1% vs national avg

Average Revenue

$3.5M

per year

💰

Businesses

297

in New Mexico

🏢

Revenue / Employee

$168K

per year

👤

Labor Cost

50.0%

of revenue

👥

Profit Margin

22.0%

industry average

📈

Market Saturation

14.0

firms per 100K in NM

🎯

Total Revenue

$1.0B

all firms in NM

💵

Total Employees

6,142

in NM

👷

How New Mexico Compares

National Average$5.0M
New Mexico$3.5M
Difference$1.6M (-31.1%)