Hardware Manufacturing in New Mexico
Revenue benchmarks for hardware manufacturing businesses operating in New Mexico.
#40 of 50 states-91.1% vs national avg
Average Revenue
$1.4M
per year
Businesses
3
in New Mexico
Revenue / Employee
$245K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.1
firms per 100K in NM
Total Revenue
$4.2M
all firms in NM
Total Employees
17
in NM
How New Mexico Compares
National Average$15.6M
New Mexico$1.4M
Difference$14.2M (-91.1%)