Petroleum Bulk Stations and Terminals in Michigan
Revenue benchmarks for petroleum bulk stations and terminals businesses operating in Michigan.
#12 of 50 states-7.8% vs national avg
Average Revenue
$20.7M
per year
Businesses
62
in Michigan
Revenue / Employee
$499K
per year
Labor Cost
12.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
0.6
firms per 100K in MI
Total Revenue
$1.3B
all firms in MI
Total Employees
2,573
in MI
How Michigan Compares
National Average$22.5M
Michigan$20.7M
Difference$1.7M (-7.8%)