Offices of Physicians (except Mental Health Specialists) in New Mexico

Revenue benchmarks for offices of physicians (except mental health specialists) businesses operating in New Mexico.

#41 of 50 states-27.5% vs national avg

Average Revenue

$2.7M

per year

Businesses

614

in New Mexico

Revenue / Employee

$173K

per year

Labor Cost

50.0%

of revenue

Profit Margin

13.0%

industry average

Market Saturation

29.0

firms per 100K in NM

Total Revenue

$1.6B

all firms in NM

Total Employees

9,502

in NM

How New Mexico Compares

National Average$3.7M
New Mexico$2.7M
Difference$1.0M (-27.5%)