Support Activities for Oil and Gas Operations in Michigan
Revenue benchmarks for support activities for oil and gas operations businesses operating in Michigan.
#23 of 50 states-72.3% vs national avg
Average Revenue
$3.8M
per year
Businesses
78
in Michigan
Revenue / Employee
$529K
per year
Labor Cost
15.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
0.8
firms per 100K in MI
Total Revenue
$296.7M
all firms in MI
Total Employees
561
in MI
How Michigan Compares
National Average$13.7M
Michigan$3.8M
Difference$9.9M (-72.3%)