Farm Machinery and Equipment Manufacturing in New Mexico
Revenue benchmarks for farm machinery and equipment manufacturing businesses operating in New Mexico.
#37 of 50 states-88.7% vs national avg
Average Revenue
$2.2M
per year
Businesses
6
in New Mexico
Revenue / Employee
$235K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.3
firms per 100K in NM
Total Revenue
$12.9M
all firms in NM
Total Employees
55
in NM
How New Mexico Compares
National Average$19.1M
New Mexico$2.2M
Difference$16.9M (-88.7%)