Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers in Michigan
Revenue benchmarks for plumbing and heating equipment and supplies (hydronics) merchant wholesalers businesses operating in Michigan.
#8 of 50 states-2.6% vs national avg
Average Revenue
$20.8M
per year
Businesses
79
in Michigan
Revenue / Employee
$653K
per year
Labor Cost
12.0%
of revenue
Profit Margin
4.0%
industry average
Market Saturation
0.8
firms per 100K in MI
Total Revenue
$1.6B
all firms in MI
Total Employees
2,517
in MI
How Michigan Compares
National Average$21.4M
Michigan$20.8M
Difference$562K (-2.6%)