Testing Laboratories in Connecticut
Revenue benchmarks for testing laboratories businesses operating in Connecticut.
#12 of 50 states-19.2% vs national avg
Average Revenue
$3.2M
per year
Businesses
94
in Connecticut
Revenue / Employee
$149K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
2.6
firms per 100K in CT
Total Revenue
$304.9M
all firms in CT
Total Employees
2,048
in CT
How Connecticut Compares
National Average$4.0M
Connecticut$3.2M
Difference$770K (-19.2%)