Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in Alabama
Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in Alabama.
#16 of 50 states-16.5% vs national avg
Average Revenue
$12.9M
per year
Businesses
128
in Alabama
Revenue / Employee
$200K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
2.5
firms per 100K in AL
Total Revenue
$1.7B
all firms in AL
Total Employees
8,273
in AL
How Alabama Compares
National Average$15.5M
Alabama$12.9M
Difference$2.6M (-16.5%)