Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) in Texas
Revenue benchmarks for research and development in the physical, engineering, and life sciences (except nanotechnology and biotechnology) businesses operating in Texas.
#14 of 50 states-7.0% vs national avg
Average Revenue
$14.4M
per year
Businesses
611
in Texas
Revenue / Employee
$332K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
2.1
firms per 100K in TX
Total Revenue
$8.8B
all firms in TX
Total Employees
26,436
in TX
How Texas Compares
National Average$15.5M
Texas$14.4M
Difference$1.1M (-7.0%)