Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in Florida
Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in Florida.
#31 of 50 states-72.3% vs national avg
Average Revenue
$4.3M
per year
Businesses
600
in Florida
Revenue / Employee
$217K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
2.8
firms per 100K in FL
Total Revenue
$2.6B
all firms in FL
Total Employees
11,836
in FL
How Florida Compares
National Average$15.5M
Florida$4.3M
Difference$11.2M (-72.3%)