Pharmaceutical Preparation Manufacturing Revenue Benchmarks

How much does the average pharmaceutical preparation manufacturing business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$87.7M

per year

💰

Profit Margin

10.0%

industry average

📈

Revenue / Employee

$625K

per year

👤

Total Businesses

1,172

in the US

🏢

Est. Owner Income

$8.8M

small business avg

💵

Labor Cost

18.0%

of revenue

👥

Avg Employee Wage

$137K

per year (BLS)

💼

Market Saturation

0.4

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$2.0M
5-9 employees
$3.1M
10-19 employees
$5.4M
20-99 employees
$21.7M
100-499 employees
$84.1M
500+ employees
$693.0M

🏆 Highest Revenue States

1.West Virginia$454.3M avg2.Illinois$394.7M avg3.Indiana$286.2M avg4.Kansas$166.5M avg5.North Carolina$159.6M avg6.Minnesota$126.6M avg7.California$125.0M avg8.Ohio$108.1M avg9.South Carolina$100.3M avg10.Michigan$90.2M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

10.64%

openings/year

Closure Rate

8.58%

closings/year

Net Job Growth

+1.41%

annual

Businesses Closed

198

in 2023

Firm Count Trend

19
20
21
22
23
1,859 firms2,086 firms

💡 Should You Start a Pharmaceutical Preparation Manufacturing Business?

Startup Cost

$50K – $250K

Break-Even

0 months

5-Year Survival Rate

50.0%

🆚 Related Industries

Machine Shops$3.2MCommercial Printing (except Screen and Books)$5.8MRetail Bakeries$1.8MWood Kitchen Cabinet and Countertop Manufacturing$3.3MSign Manufacturing$2.9M

Compare Pharmaceutical Preparation Manufacturing revenue with other industries:

vs Machinevs Commercialvs Retail