Natural Gas Extraction in Michigan
Revenue benchmarks for natural gas extraction businesses operating in Michigan.
#18 of 50 states-75.1% vs national avg
Average Revenue
$7.5M
per year
Businesses
17
in Michigan
Revenue / Employee
$509K
per year
Labor Cost
15.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.2
firms per 100K in MI
Total Revenue
$126.8M
all firms in MI
Total Employees
249
in MI
How Michigan Compares
National Average$29.9M
Michigan$7.5M
Difference$22.4M (-75.1%)