Navigational Services to Shipping in Virginia

Revenue benchmarks for navigational services to shipping businesses operating in Virginia.

#19 of 50 states-28.9% vs national avg

Average Revenue

$2.8M

per year

Businesses

26

in Virginia

Revenue / Employee

$223K

per year

Labor Cost

35.0%

of revenue

Profit Margin

5.0%

industry average

Market Saturation

0.3

firms per 100K in VA

Total Revenue

$72.1M

all firms in VA

Total Employees

323

in VA

How Virginia Compares

National Average$3.9M
Virginia$2.8M
Difference$1.1M (-28.9%)