Research and Development in Nanotechnology in Tennessee
Revenue benchmarks for research and development in nanotechnology businesses operating in Tennessee.
#4 of 50 states+65.7% vs national avg
Average Revenue
$53.6M
per year
Businesses
25
in Tennessee
Revenue / Employee
$234K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.4
firms per 100K in TN
Total Revenue
$1.3B
all firms in TN
Total Employees
5,736
in TN
How Tennessee Compares
National Average$32.3M
Tennessee$53.6M
Difference+$21.3M (+65.7%)