Navigational Services to Shipping Revenue Benchmarks

How much does the average navigational to shipping business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$3.9M

per year

💰

Profit Margin

5.0%

industry average

📈

Revenue / Employee

$243K

per year

👤

Total Businesses

883

in the US

🏢

Est. Owner Income

$195K

small business avg

💵

Labor Cost

35.0%

of revenue

👥

Avg Employee Wage

$105K

per year (BLS)

💼

Market Saturation

0.3

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$404K
5-9 employees
$1.4M
10-19 employees
$2.6M
20-99 employees
$9.3M
100-499 employees
$31.3M
500+ employees
$60.8M

🏆 Highest Revenue States

1.Maryland$16.8M avg2.Illinois$10.6M avg3.Tennessee$10.0M avg4.Missouri$8.1M avg5.New York$7.3M avg6.Ohio$6.9M avg7.California$6.2M avg8.South Carolina$5.8M avg9.Michigan$5.2M avg10.Texas$5.0M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

7.95%

openings/year

Closure Rate

6.43%

closings/year

Net Job Growth

-0.61%

annual

Businesses Closed

120

in 2023

Firm Count Trend

19
20
21
22
23
1,809 firms1,814 firms

💡 Should You Start a Navigational to Shipping Business?

Startup Cost

$50K – $250K

Break-Even

9 months

5-Year Survival Rate

50.0%

🆚 Related Industries

General Freight Trucking, Long-Distance, Truckload$1.8MGeneral Freight Trucking, Local$984KSpecialized Freight (except Used Goods) Trucking, Local$1.2MFreight Transportation Arrangement$3.8MSpecialized Freight (except Used Goods) Trucking, Long-Distance$2.9M

Compare Navigational Services to Shipping revenue with other industries:

vs Generalvs Generalvs Specialized