Hardware Manufacturing in Utah

Revenue benchmarks for hardware manufacturing businesses operating in Utah.

#36 of 50 states-84.0% vs national avg

Average Revenue

$2.5M

per year

💰

Businesses

6

in Utah

🏢

Revenue / Employee

$220K

per year

👤

Labor Cost

22.0%

of revenue

👥

Profit Margin

10.0%

industry average

📈

Market Saturation

0.2

firms per 100K in UT

🎯

Total Revenue

$14.9M

all firms in UT

💵

Total Employees

68

in UT

👷

How Utah Compares

National Average$15.6M
Utah$2.5M
Difference$13.1M (-84.0%)