Industrial Machinery and Equipment Merchant Wholesalers in Michigan
Revenue benchmarks for industrial machinery and equipment merchant wholesalers businesses operating in Michigan.
#6 of 50 states+3.7% vs national avg
Average Revenue
$12.6M
per year
Businesses
924
in Michigan
Revenue / Employee
$678K
per year
Labor Cost
12.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
9.2
firms per 100K in MI
Total Revenue
$11.7B
all firms in MI
Total Employees
17,229
in MI
How Michigan Compares
National Average$12.2M
Michigan$12.6M
Difference+$449K (+3.7%)