Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers in Michigan
Revenue benchmarks for lumber, plywood, millwork, and wood panel merchant wholesalers businesses operating in Michigan.
#15 of 50 states-9.4% vs national avg
Average Revenue
$15.6M
per year
Businesses
118
in Michigan
Revenue / Employee
$542K
per year
Labor Cost
12.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
1.2
firms per 100K in MI
Total Revenue
$1.8B
all firms in MI
Total Employees
3,399
in MI
How Michigan Compares
National Average$17.2M
Michigan$15.6M
Difference$1.6M (-9.4%)