Research and Development in Biotechnology (except Nanobiotechnology) in Montana

Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in Montana.

#26 of 50 states-69.2% vs national avg

Average Revenue

$3.6M

per year

💰

Businesses

14

in Montana

🏢

Revenue / Employee

$635K

per year

👤

Labor Cost

50.0%

of revenue

👥

Profit Margin

22.0%

industry average

📈

Market Saturation

1.3

firms per 100K in MT

🎯

Total Revenue

$50.2M

all firms in MT

💵

Total Employees

79

in MT

👷

How Montana Compares

National Average$11.6M
Montana$3.6M
Difference$8.0M (-69.2%)