Research and Development in Nanotechnology in Utah
Revenue benchmarks for research and development in nanotechnology businesses operating in Utah.
#39 of 50 states-90.3% vs national avg
Average Revenue
$3.1M
per year
Businesses
23
in Utah
Revenue / Employee
$167K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.7
firms per 100K in UT
Total Revenue
$72.2M
all firms in UT
Total Employees
431
in UT
How Utah Compares
National Average$32.3M
Utah$3.1M
Difference$29.2M (-90.3%)