Navigational Services to Shipping in Maryland
Revenue benchmarks for navigational services to shipping businesses operating in Maryland.
#1 of 50 states+331.1% vs national avg
Average Revenue
$16.8M
per year
Businesses
15
in Maryland
Revenue / Employee
$248K
per year
Labor Cost
35.0%
of revenue
Profit Margin
5.0%
industry average
Market Saturation
0.2
firms per 100K in MD
Total Revenue
$252.3M
all firms in MD
Total Employees
1,016
in MD
How Maryland Compares
National Average$3.9M
Maryland$16.8M
Difference+$12.9M (+331.1%)