Sheet Metal Work Manufacturing in Michigan
Revenue benchmarks for sheet metal work manufacturing businesses operating in Michigan.
#12 of 50 states+11.3% vs national avg
Average Revenue
$7.9M
per year
Businesses
148
in Michigan
Revenue / Employee
$271K
per year
Labor Cost
22.0%
of revenue
Profit Margin
10.0%
industry average
Market Saturation
1.5
firms per 100K in MI
Total Revenue
$1.2B
all firms in MI
Total Employees
4,348
in MI
How Michigan Compares
National Average$7.1M
Michigan$7.9M
Difference+$809K (+11.3%)