Hardware Manufacturing in Maryland
Revenue benchmarks for hardware manufacturing businesses operating in Maryland.
#27 of 50 states-56.4% vs national avg
Average Revenue
$6.8M
per year
Businesses
4
in Maryland
Revenue / Employee
$217K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.1
firms per 100K in MD
Total Revenue
$27.1M
all firms in MD
Total Employees
125
in MD
How Maryland Compares
National Average$15.6M
Maryland$6.8M
Difference$8.8M (-56.4%)