Paint and Coating Manufacturing in Michigan
Revenue benchmarks for paint and coating manufacturing businesses operating in Michigan.
#9 of 50 states+17.5% vs national avg
Average Revenue
$18.4M
per year
Businesses
46
in Michigan
Revenue / Employee
$350K
per year
Labor Cost
18.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
0.5
firms per 100K in MI
Total Revenue
$847.2M
all firms in MI
Total Employees
2,422
in MI
How Michigan Compares
National Average$15.7M
Michigan$18.4M
Difference+$2.7M (+17.5%)