Navigational Services to Shipping in Rhode Island

Revenue benchmarks for navigational services to shipping businesses operating in Rhode Island.

#30 of 50 states-53.9% vs national avg

Average Revenue

$1.8M

per year

Businesses

8

in Rhode Island

Revenue / Employee

$194K

per year

Labor Cost

35.0%

of revenue

Profit Margin

5.0%

industry average

Market Saturation

0.7

firms per 100K in RI

Total Revenue

$14.4M

all firms in RI

Total Employees

74

in RI

How Rhode Island Compares

National Average$3.9M
Rhode Island$1.8M
Difference$2.1M (-53.9%)