Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in Maine

Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in Maine.

#36 of 50 states-78.0% vs national avg

Average Revenue

$3.4M

per year

Businesses

35

in Maine

Revenue / Employee

$171K

per year

Labor Cost

50.0%

of revenue

Profit Margin

22.0%

industry average

Market Saturation

2.6

firms per 100K in ME

Total Revenue

$119.2M

all firms in ME

Total Employees

698

in ME

How Maine Compares

National Average$15.5M
Maine$3.4M
Difference$12.1M (-78.0%)